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Corporate Review (Topic: Capital Budgeting) this company is into resort and casino businesses. 2022 major investments/capital expenditures include: 2 resort projects and Clark Free Zone
Corporate Review (Topic: Capital Budgeting) this company is into resort and casino businesses. 2022 major investments/capital expenditures include: 2 resort projects and Clark Free Zone Land acquisition worth P 7.5B Strength: Company is observe to have recovered from its pandemic level which is already at its 71% 2019 EBITDA Headwinds: The continuing inflation high interest rate environment which might affect the resort and casino businesses. In the middle: What do you think about the peso depreciating against dollars? against this business? Stock price is now at P 6.67 which is not badly hit by the latest market crash. Will you recommend investing on this company? Why or why not
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