Providing financial journalism in the Asia-Pacific

Asian Century Stocks

Asian Century Stocks is a newsletter providing financial journalism for companies and stocks in the Asia-Pacific. 
The Asian Century Stocks logotype “百” stands for “one hundred” or a “century”. The economic centre of gravity is moving towards Asia. Yet most global investors are missing out.

Research from Asian Century Stocks, Asian Century Stocks

Michael Fritzell

Research from Asian Century Stocks

Equity Bottom-Up

<ul><li><p>Concepcion Industrial (CIC PM — US$91 million) is an appliance company selling air conditioners and refrigerators in the Philippines.</p></li><li><p>The business was started by the Concepcion family in 1962. One year after being formed, it received exclusive distribution rights for Carrier-branded air conditioners in the Philippines.</p></li><li>In 1987, Concepcion launched its own brand, “Condura” — now one of the top five brands in the country.</li></ul>

Concepcion Industrial (CIC PM — US$91 million) is an appliance company selling air conditioners and refrigerators in the Philippines.The business was started by the Concepcion family in 1962. One year after being formed, it received exclusive distribution rights for Carrier-branded air conditioners in the Philippines.In 1987, Concepcion launched its own brand, “Condura” — now one of the top five brands in the country.

Concepcion Industrial (CIC PM): Philippine Air-Conditioning Giant at 7x P/E and 7% Dividend Yield