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PH clears Udenna's purchase of GGDC The Standard-20 Oct 2017 Clark Global is an affiliate of Udenna Corp. while GDCC is the majority shareholder of Global Gateway Development Corp. based in Cayman ...

BMI sees property market growing 9.8% into 2026 The Philippine property market is forecast to grow at an annual average of 9.8 percent by 2026, among the fastest in Southeast Asia... thanks to strong market fundamentals, and a persistent housing shortage + Robust growth supported by private and public investment in real estate, commercial & industrial developments + The government intends to construct affordable housing to bridge a 5.7 million unit backlog + 30,000 residential housing permits were issues in Q2, a 24% increase over the prior year + Metro Manila/ National Capital Region, is expected to show stronger growth, at 10.3% pa, over 2018 to 2026 + Growth may be tempered somewhat by an expected 50 basis points rise in rates by the end of 2018 + For Office / non-residential, BMI expects 8.4 percent average growth for the same period + Manila's office vacancy rate of 2.4 percent is the lowest among major cities in Asia; Colliers expects office demand to grow by 8 percent over the next year === (Summarizes article in today's Manila Times, pg. C2) Experience has taught me that we sometimes need to take such optimistic forecasts with some caution, but there is no doubt that the Demographics in the PH, are supportive of strong growth over the next decade. 10% pa would be one of the strongest growth rates in the world, nearly matching PH's unparallelled demographics

BMI sees property market growing 9.8% into 2026 The Philippine property market is forecast to grow at an annual average of 9.8 percent by 2026, among the fastest in Southeast Asia... thanks to strong market fundamentals, and a persistent housing shortage + Robust growth supported by private and public investment in real estate, commercial & industrial developments + The government intends to construct affordable housing to bridge a 5.7 million unit backlog + 30,000 residential housing permits were issues in Q2, a 24% increase over the prior year + Metro Manila/ National Capital Region, is expected to show stronger growth, at 10.3% pa, over 2018 to 2026 + Growth may be tempered somewhat by an expected 50 basis points rise in rates by the end of 2018 + For Office / non-residential, BMI expects 8.4 percent average growth for the same period + Manila's office vacancy rate of 2.4 percent is the lowest among major cities in Asia; Colliers expects office demand to grow by 8 percent over the next year === (Summarizes article in today's Manila Times, pg. C2) Experience has taught me that we sometimes need to take such optimistic forecasts with some caution, but there is no doubt that the Demographics in the PH, are supportive of strong growth over the next decade. 10% pa would be one of the strongest growth rates in the world, nearly matching PH's unparallelled demographics

Millennial Home Buyers Send a Chill Through Rental Markets Homeownership has risen to its highest levels since 2014, causing analysts and investors to wonder whether the rental market’s good times are ending Nov. 7, 2017 Rising homeownership is adding to the jitters in the residential rental market, which has slumped recently after a long stretch near the top of the commercial real-estate industry. For most of the current expansion, declining ownership rates have enabled landlords of apartments and single-family units to raise rates far faster than the pace of inflation. Deamnd has been fueled by the millions of people who haven't had the money, credit, or desire to pursue the traditional American dream. == > https://www.wsj.com/articles/millennial-home-buyers-send-a-chill-through-rental-markets-1510056001?mod=trending_now_1

Better Yields at Cityland's Pines Peak? A friend who has invested at Cityland's Pines Peak told me that he has been getting very good yields on his unit(s) there. He rents units Bare, and now gets P 12000 - 12500 per month. He says that you can pay cash and get a unit for completion in Two years at maybe P1.3 million, or buy RFO at P1.7 million. I think he paid between P 1.1 - 1.2 million two years ago. Ignoring the two year wait: UNIT-- : SqM. : x61k : Bare,unfurn. Yield / Studio : 22M?: 1350k* 12,000=144: 10.7% / *I added an estimated P50,000 for miscellaneous closing costs. I am not sure the size of studios at Pines Peak This is pretty attractive, and he tells me they have been easy to rent, showing the power of LOW rents in attracting tenants. In general, he believes that Cityland units tend to be good investments, and generate low yields all around Manila.

BREAKING : Tony Podesta revealed as: + A well-paid lobbyist for the Saudis, ... and: + A lobbyist for Uranium One - and he did NOT disclose it (This "oversight" is a felony!) The Princes arrested by the Saudis were big supporters of Hillary Hillary Uranium Scandal Escalates & Saudi Purge

CENTERA : Rent & Yield calculations Following Rental estimates were supplied by the Avida leasing manager Avida Tower Centera Rental Rate ranges UNIT ------- : Area (Sqm) : Bare, unfurn. : Semi-Furnished : Fully-Furnished / bare : Semi : FF : Studio------ : 22.19-23.11 : 11,000-13,000 : 14,000 - 17,000 : 18,000 - 20,000 / 530 : 684 : 839 : 1-Bedroom : 35.95-45.44 : 18,000-22,000 : 23,000 - 24,000 : 25,000 - 31,000 / 479 : 577 : 688 : 2-Bedroom : 52.99-62.33 : 26,000-30,000 : 29,000 - 35,000 : 37,000 - above / 486 : 555 : 676 : Parking----- : ----- N/A ---- : 5,000 / month : Using Averages & Capital Values of P 115 per sqm, P200K for furnishing a studio, I get the following UNIT-- : SqM. : x115 : Bare,unfurn. Yield / +half : Semi-Furnished--- / +furn. : Fully-Furnished-- / Studio : 22.65: 2605k: 12,000=144: 5.52% / 2705k : 15,500=180: 6.65% / 2805k : 19,000=228: 8.15% / 1-BR-- : 40.70: 4681k: 19,500=234: 5.00% / 4831k : 23,500=282: 5.84% / 4981k : 28,000=336: 6.74% / 2-BR-- : 57.66: 5481k: 28,000=336: 6.13% / 5681k : 32,000=384: 6.76% / 5881k : 39,000=468: 8.06% / ====== I inflated the Bare capital values by the estimated costs of white goods & Furniture: Studio: P200k upfront, 1-BR: P300k, 2-BR: 400k for Fully-furnished. I assumed that semi-furnished are half this. Example: Capital value of a Studio goes up from: P2.605 million + 200,000 to P2.805 million, for Fully Furnished. The yields are higher for FF, but the landlord needs to cover wear & tear, and depreciation of furniture, subtracting maybe 1% or so from the yield. The property owner also needs to pay taxes & a commission to find the tenant == (In edit: I estimated P115k. In fact some RFO units may be a little cheaper): Centera, T1 - 14th fl, facing amenities === List Price : P2,616,300 / 22.44 = P116.6k Cash, 10%- : P2,344,670 / 22.44 = P104.5k Add on Misc.closing: P 140,680 / 22.44 = P 6.27k Total,Cash- : P2,485,350 / 22.44 = P110.8k === Cash price means 10% spot + 90% balance in 30 days. Those who have access to bank finance, may be able to finance the 90%. Move-in can be near immediate, I think, so the cash price is the real one

Do we now need Warriors-for-Christ, to protect Christians ? = Self defense is sometimes needed, and we may be in one of those times. The satanists and other enemies of Christians have now "hacked the system" & are abusing it

RARE Disconnect, between Robinsons Land & Ayala Land RLC-vs. ALI ... 5-yrs : Is this an opportunity? (to buy cheap RLC stock, the gap is about 31%: ie 135% vs. 195%) More research would be needed - but RLC looks interesting now

Megaworld stock is also pushing up near record highs Megaworld / MEG... update : 5-yrs : 2-yr : 6-mos : 10d / Last: P5.69P Filinvest / FLI ... update : 5-yrs : 2-yr : 6-mos : P1.92 MEG... update : 5-yrs : 2-yr : 6-mos : xx

DOTr terminates MRT-3 contract with BURI - Phil. Star, top of pg1 + Officially terminated the MRT-3 contract with Busan Universal Rail (BURI) + Dept of Transport says it failed to comply with the terms of the contract + An intention to terminate had previously been signaled to BURI, on Oct 17th + A three year contract for P3.8 billion began in 2016, and was intended to continue until 2019 + An MRT Transition Team has been put in place to manage the changeover + DoTr withheld P59.4million of payments to BURI, as penalties & for spare parts + THREE international firms have shown an interest in taking over the contract: 1. Sumitomo Corp., of Japan 2. SMRT Corp., of Singapore 3. RAPT Dev. - the service provider of LRT, line 1

SM Earnings up 15% (largest company by MarketCap in the Philippines?) SM Prime Holdings / SMPH ... update : 5-yrs : 2-yr : 6-mos : 10d / Last: P37.20P SM Prime posts strong profit growth to P20B + 15% in net income in the first nine months - from P17.45B to P20.05B + Third quarter earnings up 16% from P4.86B to P5.66B + Revenues grew 12 percent compared with last year's first nine months + "Buoyant overall economy the benefits the whole property market" + "Timely expansion of malls, and launches of residential projects in the provinces, are contributing positively" + MALLS contributed 60 percent of overall revenues + Same mall sales sustained a 7% growth in revenues

Canadian Mint / MNT.t ... Can. Dollar etf for Gold MNT.T ... update Grand Columbian Gold / GCM.t ... Gold stock, quoted in C$

- - - - - - - - - - - - - - - - - - - Hillary Gone? The Donald may have noticed the Clintons are Leaving

SCUM-ocrats "being taken down"? - starting while Trump is out of town, in Asia "The whole NWO is coming down... Rats are leaving the sinking ship" BREAKING! SETH RICH, DNC, HILLARY 11/5/17 (pt-2) ALEX JONES INFOWARS https://www.youtube.com/watch?v=5bEvEsfk2oU "everyone is running from the Clintons right now" April dJ: Arrest of Tony Podesta, John Podesta and Hillary Clinton Democrats who do not want to be part of it, are deserting the sinking ship "With any luck we will be seeing Liberals getting out of the country in droves" Hmm. Are Bill and Hillary about to fly the coop... to Dubai or someplace Further Rumors : Glen Canady Podesta to be indicted Nov.3rd, and Huma on Nov.6th/ Monday

Centera Site Visit - importance of Transport Links Standing at Boni near Light Mall, looking towards Shaw Road & Centera - Cityland's Pines Peak, & Flare, to the right I went to see Avida Centera, and at P2.5 million for studios of 22-23sqm, it is not quite the bargain I thought. There are 14 units left in Tower 4, but all of them have restricted views, partly blocked by Tower 3. Still a reasonable price, given the location, but maybe not the no-brainer bargain that I hoped they might be. Having said that, I very much like the transport connections of Centera: Avida Towers Centera - as a close-up from the photo above - St Francis* Towers by Shang, on Shaw Blvd. in the background + A short 5 minutes walk from the Light Mall, at Boni station, on the MRT + A reasonable 6-8 minutes walk from Shaw station, depending on how you go + There's a walking bridge crossing EDSA, less than 1 minute walk from Centara + BGC Bus - once the bridge over the River, at Lawton street is done, there is likely to be a bus from the Boni-Shaw area directly to BGC. The agent (John B.) reminded me that Ayala owns the BGC bus company, and many Ayala Group employees have bought at Centera, so it would be likely that there would be a BGC bus stop very near to Centera + Metro Manila subway - a subway stop is planned for Boni-Shaw area, and it is likely to be a within a short walk of Centera. Most reports are that the nearest station will be on Shaw Boulevard, cor. Ortigas, with another just south of the river, at Kalayaan road (cor. Lawton Avenue) where a bridge we be constructed. When all the transport links are finished, I think this project will be a very central place to live, for anyone willing to rely on public transport. Avida's Centera hits the right price-point for users of public transport The amenities are nice, with five pools! And a very nice large pool. The main pool of Centera at dusk And the entertainment offered at Greenfield district are a big plus (on most Friday & Saturday nights, I believe.) Once the (planned) shops and restaurants are in place, it will be a nice livable place to own, within easy striking distance of BGC and other area on the MRT, and the future MetroManila subway > Mega-Manila map: http://www.theurbanroamer.com/mega-manila-subway-project/ St Francis Tower (Shang properties) faces Soho and Twin Oaks across Shaw Boulevard. (Photo was taken before the construction of Twin Oaks Tower 2.) IF YOU ARE A BUYER or potential Seller at Centera It might be useful for you to send me a Personal Message (PM) since I am aware of some bargains, and how to get a better price

GETTING there - The Rise has almost Topped out Construction Progress Jun 2014 – Start of Excavation Mar 2016 – Completion of Substructure Apr 2016 – Start of Superstructure ... Sep 2017 - 48th Floor Oct 2017 - 52nd Floor >>>>>>> - vs. Planned height = 59 storeys ======= SSC asks: "What is substructure? why it takes 2 years to construct? and construction of 1st to 52nd flr took only less than 2 years." > http://www.skyscrapercity.com/showthread.php?t=1723515&page=77 Shang changed contractors after the substructure - because it moved too slowly. Rumor has it, that the contractor ran into some moisture issues related to the nearby small river "To me, what I dont understand is that Built Units that are new (less than 5 yo) should be selling higher (lower?) than under construction as there is much less risk. I can see that people are not pricing in the risks" Makes sense - but three things push up prices of units still under construction: + Anticipation - of what might be - rather that the reality of needing to spend money on decoration, or the need to find an actual paying tenant in competition with many other nearby flats, and + Marketing - the well-tuned marketing machines of the property developers + Payment structures - many buyers need financing, and will pay more for a property that they can pay for slowly over time, through a monthly payment structure

Uncomfortable? Poll sees Oct. Inflation at three year high - Business World, pg1 headline, 11/6/2017 Median estimate for October is 3.5% Estimate : # analysts : 3.7 % : 1 : 3.6 % : 1 : 3.5 % : 5 : 3.4 % : 3 : 3.3 % : 1 Likely main drivers: higher food, and transport costs. Uptick in electricity, and petroleum products MONEY remains easy in PH. Last week, BW reported a year-on-year increase of 20%+ in lending.

ACTION weekend #2 : Saudi Arabia 10 Princes, 38 Ministers Arrested In Shocking Purge, Saudi King Arrests Billionaire Prince Bin Talal, Dozens Of Others In Cabinet Crackdown by Tyler Durden Nov 4, 2017 In a shocking development, Saudi press Al Mayadeen reported late on Saturday that prominent billionaire, member of the royal Saudi family, and one of the biggest shareholders of Citi, News Corp. and Twitter - not to mention frequent CNBC guest - Al-Waleed bin Talal, along with ten senior princes, and some 38 ministers, has been arrested for corruption and money laundering charges on orders from the new anti-corruption committee headed by Crown Prince Mohammed bin Salman, while Royal princes’ private planes have been grounded. Among those fired and/or arrested are the head of National Royal Guards, Miteb Bin Abdullah, the Minister of Economy and Planning, Adel Fakeih, and Admiral Abdullah bin Sultan bin Mohammed Al-Sultan, the Commander of the Saudi Naval Forces. == > http://www.zerohedge.com/news/2017-11-04/shocking-purge-saudi-king-arrests-billionaire-prince-bin-talal-others-anti-money-lau Other: xx

ACTION Weekend? may be some truth here... Rumors --Podesta is in US Marshal Custody.. ( Unreliable Source - to be considered carefuly ) (4C Podesta is in US Marshal Custody (11/04/17 (Sat) 08:53:22) (1st Post) “Terms of surrender was media blackout. Podesta’s lawyers are pleading Mueller for indictment to remain sealed. No leaks by MSM because of loyalty I presume because Mueller team can’t keep their mouths shut with anyone relating to Trump. Can you find Tony Podesta? Look hard. There are records!!! Truth is the only way. (2nd Post) Focus your digging in the upper northeast region of the US. I really cannot say more. I am a patriot to this country.”Here is another update: (4C What did he mean by this (Fri 03 Nov 2017 22:31:31) (1st Post) “Tony Podesta is in custody. Still awaiting John to turn himself in. Has not hit the news yet, but it is coming soon. Protecting Mr. Trump is more important. (2nd Post) They both were stopped via their passports from leaving the country, Tony soon after turned himself in. No sign of John but heard he will do it tonight, but it is already 1:40 AM. Does not matter where I get my info. You will find out in the next few hours if John fails to turn himself in, he will be on the news and radio to prevent fleeing. (3rd Post) I don’t have those details on charges. I stated everything I know. who? many people do. but no, I’m not WH Anon, but I’m friend with them. (4th Post) Also, the other folks asking questions, there is a reason Podesta brother’s got pushed til when it did. There is one more person doing down also besides those two who is connected to them.” == > http://www.godlikeproductions.com/forum1/message3683605/pg1 Related to this?

Weird weekend #3 Yogis Of Tibet Rare Documentary Preserving some rare knowledge through unique interviews Tibetan STATUE found by 1930s NAZI expedition is of ALIEN ORIGIN ... https://www.theregister.co.uk/2012/09/27/tibetan_alien_statue_discovered_by_nazis/ Sep 27, 2012 - ... as it has emerged that a 1938 Nazi expedition to Tibet brought back a ... out that the "Iron man" idol or figure is made of extraterrestrial ataxite, ... / 2 / Secrets of the Sex Magic Space Lamas Revealed! Tibetan Buddhist ... https://savageminds.org/.../secrets-of-the-sex-magic-space-lamas-revealed-tibetan-bud... Oct 23, 2015 - In this post I'm going to be talking a little about aliens. Tibetan ones, specifically. Also, sex magic. Bear with me now. A lot of this may be quite ... / 3 / A Previously Unheard UFO Story From A Tibetan Lama - Week in Weirdweekinweird.com/2014/04/26/previously-unheard-ufo-story-tibetan-lama/ Apr 26, 2014 - It's not everyday that I discuss UFOs with a Tibetan lama over lunch. Our meeting was pure chance; I was planning to meet my friend Jim in ...

Weird Weekend #2: CATHERINE AUSTIN FITTS - THE MISSING TRILLIONS: A CONSTITUTIONAL CRISIS! DARK JOURNALIST 5 days ago

Weird Weekend #1 Just sold some BTS at $7550+ ROUNDTABLE : CLIF HIGH, PALADIN & KERRY : CRYPTO CURRENCIES & THE FUTURE Nov. 2nd Clif High & a forensic investigator

"Paradise on Earth"... after a Marxist Revolution? " I watched the Bill Whittle video all the way through - granted that he is an engaging speaker. His message has stuck in my mind for a few days, so I decided to leave some thoughts. He's wrong on quite a lot of things. He is wrong that rabbit warrens are not hierarchical, in fact they are, and the rabbits fight for their rank. Outsiders are not passively welcomed, they are shunned and rarely accepted into the warren..." - Malco. But how did America react to Jews, who were seeking a Safe Haven during WW2 ?? Here's Whittle on the Frankfurt School "They set up shop at Columbia University" (when America gave them a Safe Haven and Freedom Bill Whittle: How the Critical Theory Ruined a Generation Safe Haven and Freedom?? When it comes to Cultural Marxists (-Joos?) no good deed goes unrewarded They "hacked the system" of American freedom, so they could turn one group against another, undermine it, and CONTROL IT

"well-intentioned" - That's a Laugh ! BRAZILE FELT LIKE A 'SLAVE' WANTED TO DROP CLINTON FOR BIDEN Brazile writes that she considered a dozen combinations to replace the nominees and settled on Biden and Sen. Cory Booker (N.J.), the duo she felt most certain would win over enough working-class voters to defeat Republican Donald Trump. But then, she writes, “I thought of Hillary, and all the women in the country who were so proud of and excited about her. I could not do this to them.” Brazile paints a scathing portrait of Clinton as a well-intentioned, historic candidate whose campaign was badly mismanaged, took minority constituencies for granted and made blunders with “stiff” and “stupid” messages. The campaign was so lacking in passion for the candidate, she writes, that its New York headquarters felt like a sterile hospital ward where “someone had died.” == > https://www.washingtonpost.com/politics/brazile-i-considered-replacing-clinton-with-biden-as-2016-democratic-nominee/2017/11/04/f0b75418-bf4c-11e7-97d9-bdab5a0ab381_story.html How hilarious to see HELLary referred to as "well-intentioned" That is the least accurate word anyone could apply to her. Hillary is frequently VIRTUE-signaling, pretending to have good intentions, but her actual intentions are wholly selfish and/or evil. (Just look at what she has DONE over her life : the lies, the crimes, the corruption... the alleged murders - zero evidence of good intentions.) Trump is the opposite. He rarely virtue-signals, His words leave him open to charges of having bad intentions (by those who dislike him), but his intentions on the whole seem to be for what is good for the majority of Americans, & for restoring a better country. It is not surprising that Donna Brasile lost her ability to see through packaging to what is genuine. After all, she comes from one of the darkest places on Earth, the heart of the Demon-cratic Party, where minorities lead and lie, and it is financing by Soros, and the cabal, to advance a leftwing, anti-human agenda. (To understand this, you need to discern what is real, and separate it from what is said - Demons are great with lip-service, like Hillary is.) She is right about one thing: the Hillary-led NY headquarters was a "place like someone had died". Who had died was the Truth - and individual initiative and creativity - killed off by the vile odor of Hillary's selfish intentions. I am not a fan of Donna B., but she has won some respect from me for having the courage to tell some important Truths, at some risk to herself.