Showing posts with label PAL. Show all posts
Showing posts with label PAL. Show all posts

Monday, November 8, 2021

Even the biggest and the business tycoon are not immune to business failure. We have to be vigilant

Every generation needs a revolution - an entrepreneurial revolution


Bueno Sorte Holdings falters has negative networth since 2017





Lucio Tan and wifes holding company Bueno Sorte has been reportedly red flagged by SGV for having a negative net worth of P25 Billion since 2017.

The said holding company is said to be the one to pour $500 million to rehab the bankrupt airline.  The holding company holds all LT interest in Asia Brewery, Fortune Tobacco and  Philippine Airlines  It has doubled to P60 billion in 2020 largely due to  P20b losses in PAL operations

SGV doubts the ability of the  holding company to be an ongoing concern (or do the $500 million dollar infusion

Much better off kaya tayo.  May positive Equity kaya Holy Gardens group.  Pagbutihin.  Even the biggest can lose.   and go belly up

Monday, January 13, 2014

It is a small world with Coke, especially at Coke Iloilo and its plant manager

Rizal, Philippines   |  January 13, 2014

                                   Ramey, the man in the middle, with his group mates

I had a seatmate at the PAL plane flight 931 going to Iloilo who said he was going to vacation in Iloilo.

He did not speak much because he was very much focused with his laptop ( A noted very bad practice because the laptop radiation can burn the skin and very bad for sexual/reproductive health)

As the plane was about to land, I remarked that he would not be enjoying his vacation as he could not leave the laptop behind.  And when I asked him where he worked, he said he works for Coke;  and it rang a bell because one of the students for the UI - Ateneo is a plant manager of Coke in Iloilo.  I showed him the class list which included Ramey Clavecilla, Plant Manager of Iloilo (and whose email address is at Coke)   He said that he is also taking up MBA in DLSU, is from Lipa City, and should have taken up MBA at AGSB Lipa.  He name is Willie, and he is on final stages of his MBA.  He said that in La Salle you do things for your MBA:   a thesis and a Strama (since it is PAASCU accredited)

He was with his boss, Angel and their mission was not to make Friday a pleasant day for Ramey.  True enough, Ramey replied to my SMS, that I met his tormentor at the plane, only late in the afternoon.  He was not given even time to look at his cellphone.

In the class on January 11, Ramey bore the brunt on not so friendly things about Coke:

1.  One was about an article on other household use of Coke, not as a drink;

2.  The C2 onslaught by JG, vs caught.

I apologized to Ramey in behalf of the class for the unpleasant exchanges, even from his groupmates.

Sorry, Ramey, it was not your day.

"Things get better with Coke."

                                      PAL flight to Iloilo