STI is an unnoticed good buy
STI burned many. The share price in the last ten or twelve months dropped from Php2+ to well below Php1. For those who bought, it sucks, right? I say don't sell just yet. What about the saying buy low sell high? If you sell now, you'd have successfully bought high and sold low. I'm saying this because the company seems rather profitable and asset rich. The latest annual report shows that STI holds over Php8 billion in assets and just raked in over Php700 million. That's almost ten percent. I say it's a steal at its current price of Php0.69. There's a few other reasons why i like STI. It is generally controlled by the Tangco group of companies. I don't know them but I read up on Mr. Eusebio Tangco. He seems reliable. Sometimes that is all we need to know. It also helps that STI has a good number of land and building assets. Mr. Warren Buffet advises not to invest in a business you don't understand. Well, I think STI's business