Sandra Araullo on ANC (July 29, 2025)

Description

From ANC: "We think there's still a big overhang on emerging markets in general. Global uncertainties will emerging markets first, so there's a dearth of foreign investor investors looking at the market. They can probably get the same or even better update with less equity risk premium. That said, it's quite noticeable how long we've been languishing in very low market valuations. We are seeing though, assuming a modest 9% EPS growth for the year and undemanding valuations of around 11.7 to 12 times P/E, that still gets us to 7,000.” – Sandra Araullo, Chief Investment Officer, ATRAM Source: https://www.youtube.com/live/k6qrrCQzu10?si=phO4m2YAzGIVEzxi