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Stock Commentary

Dennis Uy will be removed from MB Family Showdown

Merkado Barkada
Dennis Uy will be removed from MB Family Showdown

The sun is going down Dennis Uy’s temporary empire, and it’s time for MB to recognize that by removing his group from the MB Family Showdown index tracker.

Mr. Uy’s group of companies has shed an enormous amount of marketcap value since the triple-whammy of COVID, regime change, and inflation, and the reality is that he is simply not an interesting point of reference to try and make sense of the market.

MB BOTTOM-LINE

The Uy Group’s marketcap is tiny compared to the rest of the tracker, and the prospects for the group are just not good enough to justify its continued inclusion.

Removing the Uy Group will declutter the chart and make it easier to read.

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Merkado Barkada's opinions are provided for informational purposes only, and should not be considered a recommendation to buy or sell any particular stock. These daily articles are not updated with new information, so each investor must do his or her own due diligence before trading, as the facts and figures in each particular article may have changed.

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