PMT Forum

News: Show your love for PMT! LIKE the PMT Facebook page! :thumbsup2

 
 
Welcome, Guest. Please login or register.
Did you miss your activation email?

Click LIKE, TWEET or +1 to earn PMT Badges!

Author Topic: Jollibee buys Mang Inasal for P3 billion  (Read 10462 times)

Offline Dodong_Pobre

  • Forum Expert
  • *
  • Posts: 850
  • Thanks Received: 0
  • Gender: Male
  • Di baleng walang tulog... kesa naman walang gising
Jollibee buys Mang Inasal for P3 billion
« on: Oct 18, 2010, 08:20 PM »
  • Publish
  • Jollibee buys Mang Inasal for P3 billion
    10/18/2010 | 05:26 PM

    Fastfood giant Jollibee Foods Corp. on Monday said it is buying 70 percent of Mang Inasal Philippines Inc. — a Filipino food chain — for P3 billion.

    In a filing with the Philippine Stock Exchange, Jollibee Foods said it would pay Mang Inasal owner Edgar Sia III of Injap Investments Inc. P200 million in downpayment.

    Injap will have a 30-percent interest in Mang Inasal, the disclosure read.

    The deal will be complete in 30 days, subject to due diligence by Isla Lipana & Co. and law firm Romulo Mabanta Buenaventura Sayoc and De Los Angeles, according to Jollibee Foods.

    The purchase of Mang Inasal will add 5 percent to the fastfood giant’s worldwide system sales and 7 percent to its profits, according to Jollibee Foods.

    It will also increase Jollibee Foods’ worldwide network of stores by 16 percent.

    Since it started in 2003, Mang Inasal has grown to 303 stores with estimated total revenues of P2.6 billion and system-wide sales of P3.8 billion.

    Jollibee Foods has 1,953 stores in the Philippines, the United States, China, and other countries. — Jesse Edep/VS, GMANews.TV

    Offline DonT

    • PMT Jedi
    • *
    • Posts: 1,477
    • Thanks Received: 0
    • Gender: Male
    • Everyone rises to their level of incompetence
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #1 on: Oct 18, 2010, 09:04 PM »
  • Publish
  • Wow...did'nt know that Mr. Inasal is already worth that much.  :applause:
    Never argue with an Idiot, They will bring you down to their level and beat you with experience.

    Offline mitsurugi

    • Forum Tambay
    • *
    • Posts: 575
    • Thanks Received: 0
    • Gender: Male
    • They call me...delirium.
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #2 on: Oct 18, 2010, 09:21 PM »
  • Publish
  • Surely, the unlimited rice helped him pull it off. ^_^

    PMT Forum

    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #2 on: Oct 18, 2010, 09:21 PM »


    * * * * * sponsored links * * * * *

    Offline Shaun

    • Posting Guru
    • *
    • Posts: 419
    • Thanks Received: 0
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #3 on: Oct 18, 2010, 09:34 PM »
  • Publish
  • wow! malamang magtataas na ng franchise package Mang Inasal...swerte mga nauna.

    Offline TSO

    • PMT Hero
    • *
    • Posts: 1,593
    • Thanks Received: 1
    • Gender: Male
    • How... fascinating. ಠ_ಠ
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #4 on: Oct 19, 2010, 12:08 AM »
  • Publish
  • boom baby! just when there were rumors of MI going public...
    Got stocks you want screened/analyzed? Put up your request on my thread!

    Offline happyknappy

    • Posting Specialist
    • *
    • Posts: 333
    • Thanks Received: 0
    • Gender: Male
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #5 on: Oct 19, 2010, 08:12 AM »
  • Publish
  • wow... talaga.. nabili na ba... mukhang mawawala na unlimited rice nyan pag nataon.

    kilala pa naman ang jollibee sa pag titipid at pag co cost cutting.. kahit ma sacrificed yung panlasa ng customer...
    Remember when you procrastinate you choose lies

    Offline bisoy

    • Full-Time Poster
    • *
    • Posts: 187
    • Thanks Received: 0
    • Gender: Male
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #6 on: Oct 19, 2010, 10:43 AM »
  • Publish
  • di nmn siguro baka sa mga franchise na jollibee lang un kaya bumababa minsan ung quality...
    "Life is tough. And Life is tougher for stupid people!"

    Offline dioj

    • Posting Whiz
    • *
    • Posts: 267
    • Thanks Received: 0
    • Gender: Male
    • Bastos pero medyo maginoo
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #7 on: Oct 19, 2010, 03:09 PM »
  • Publish
  • In fairness, masarap yung chicken inasal nila ah
    What is good for PinoyMoneyTalk Forum & its individual members is also good for the Philippines!

    Offline foolcha

    • Posting Whiz
    • *
    • Posts: 284
    • Thanks Received: 0
    • Gender: Male
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #8 on: Oct 19, 2010, 03:17 PM »
  • Publish
  • Jollibee feels threaten by Mang Inasal that's why they bought it or probably the food industry in the Philippines is already matured and they have no other way to increase there bottom line other than acquisitions of other businesses and oversees expansion.

    All I can say, This is a very strategic move by Jollibee. They have definitely secured there #1 position in the food industry.
    « Last Edit: Oct 19, 2010, 03:21 PM by foolcha »

    Offline Dodong_Pobre

    • Forum Expert
    • *
    • Posts: 850
    • Thanks Received: 0
    • Gender: Male
    • Di baleng walang tulog... kesa naman walang gising
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #9 on: Oct 19, 2010, 03:40 PM »
  • Publish
  • Jollibee feels threaten by Mang Inasal that's why they bought it or probably the food industry in the Philippines is already matured and they have no other way to increase there bottom line other than acquisitions of other businesses and oversees expansion.

    All I can say, This is a very strategic move by Jollibee. They have definitely secured there #1 position in the food industry.

    hehehe, I totally agree.. Naalala ko last month nung nagbakasyon ako jan sa Pinas.. Napadaan ako sa Jollibee Vito Cruz para bumili ng take-out... Hindi ko mapigilang mapangiti dahil nakalagay na promo nila sa branch na yun is UNLIMITED RICE... pagkalabas ko eh andun pala sa tabi nila ang Mang Inasal... hehehe

    Offline dinaren

    • Posting Guru
    • *
    • Posts: 428
    • Thanks Received: 0
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #10 on: Oct 19, 2010, 05:34 PM »
  • Publish
  • if you cant beat it, buy it.  :watchuthink:

    the owners of Mang Inasal from Iloilo got a major windfall (3B) and jollibee got rid of their potential major competitor/stumbling block. Win win situation.  :applause:
    "If there's one thing I learned in prison it's that money is not the prime commodity in our lives... time is."  -Gordon Gecko

    Offline bauer

    • VIP 4500
    • *
    • Posts: 4,865
    • Thanks Received: 12
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #11 on: Oct 19, 2010, 09:21 PM »
  • Publish
  • paano natin masabi na win win? baka win jollibee, lose consumers? di kasi baka mawala unli rice
    join me on twitter @ bauerfilipino

    Offline Dodong_Pobre

    • Forum Expert
    • *
    • Posts: 850
    • Thanks Received: 0
    • Gender: Male
    • Di baleng walang tulog... kesa naman walang gising
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #12 on: Oct 19, 2010, 09:30 PM »
  • Publish
  • paano natin masabi na win win? baka win jollibee, lose consumers? di kasi baka mawala unli rice
    Palagay ko hindi gagawin un ng Jollibee dahil besides from the chicken itself, ung UNLIMITED RICE ang isa sa mga alas ng Mang Inasal kaya nakuha ang loob ng mga consumers.. It would be a suicide kapag tinanggal nila un...

    Offline sneaker23

    • Posting Whiz
    • *
    • Posts: 243
    • Thanks Received: 0
    • What you think is real... becomes your reality
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #13 on: Oct 19, 2010, 10:47 PM »
  • Publish
  • Mang Jollibee!!!

    Post Merge: Oct 19, 2010, 10:51 PM
    Im not really sure about the idea but Mang Inasal is an indirect competitor and will surely take a good slice of consumers on areas where Jollibee, Mcdo and Mang Inasal are present.

    What's the best way to deal with it? Buy It!

    Besides most companies I've read gets bigger after acquiring their competitors
    « Last Edit: Oct 19, 2010, 10:51 PM by sneaker23 »

    Offline rgpanes

    • Junior Member
    • *
    • Posts: 37
    • Thanks Received: 0
    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #14 on: Oct 19, 2010, 10:54 PM »
  • Publish
  • makapag-tayo nga ng "Aling Inasal"

    PMT Forum

    Re: Jollibee buys Mang Inasal for P3 billion
    « Reply #14 on: Oct 19, 2010, 10:54 PM »
    * * * * * sponsored links * * * * *

     


    PMT Shoutbox

    Refresh History
    • george88: bablita23 pinakamagandang gawin mo pumunta ka ng navotas fishport canvass ka dun tanong tanong then punta ka naman ngayon sa palengke magtanong ka magkano retail tapos compare mo sa navotas fishport malaki kita dyan pag ubos mo supply mo
      Jun 16, 2016, 03:54 PM
    • bablita23: Hi po, anyone can help? Gusto q po sana mag start na maging fish dealer. Baka pwede nyo po aq mapayuhan ng mga unang dapat gawin. Thank you po.
      Jun 15, 2016, 12:42 PM
    • freefront: Help! Where can I buy gutter guards? A big rat ran up the rainwater drainage pipe and ate all the new shoots of my Lemon Trees. I already went to 5 big hardware stores. Nothing. You know, the kind of metal guards you attach to the 4" pvc's that drain out onto the city gutter.......
      Jun 15, 2016, 08:45 AM
    • Nap: Hi guys kailangan ko ng truck na mababackloadan evry week pabalik ng manila mula sa south
      Jun 13, 2016, 07:35 PM
    • shiru: promise po i'll behave want ko lng malaman f anu ng status nmen...
      Jun 11, 2016, 10:58 AM
    • shiru: hopeless n tlga ko,need help para maopen fb ng asawa ko,plz anyone
      Jun 11, 2016, 10:57 AM
    • shiru: hi guys,newbie here,i need help
      Jun 11, 2016, 10:57 AM
    • Jotabs: I tried some interview but mostly people are shy to e press the active process
      Jun 10, 2016, 07:29 AM
    • Jotabs: Hahahq, to think I voted for duterte. I just wanted to start a simple money lending with security features. Paano kaya?
      Jun 10, 2016, 07:28 AM
    • jenofstructures: Mahirap ang bumbay style na lending, as hindi ito sinusuportahan ni Duterte.
      Jun 09, 2016, 06:53 AM
    • papavigo: sino dito nakaexperience na ng clickbank .willing to pay just teach me how to earn on clickbank.see me on my facebook account.Gilbert sausa vigo.salmat
      Jun 08, 2016, 09:02 PM
    • ardytenorio: @jotabs to start, know the market. alamin mo kung paano kalakaran sa loc mo. kung magkano interest at kung mode of payment. mas maganda kung mag-interview ng mga umuutang sa bumbay
      Jun 08, 2016, 01:23 PM
    • Jotabs: Anyone?
      Jun 08, 2016, 10:43 AM
    • Jotabs: I need some advice on how to start a bumbay style lending?
      Jun 08, 2016, 10:43 AM
    • rachelle_dammay: hi sa lahat newbie here :)
      Jun 07, 2016, 04:14 PM
    • reggie012784: Xm broker, ok ba sya
      Jun 01, 2016, 03:12 PM
    • annzam23: paano kumita sa  online dito
      May 31, 2016, 03:53 PM
    • freefront: FGiz, katamad yung style. I'm opening 2 tabs for pmt. But thanks for the info :)
      May 28, 2016, 10:28 PM
    • FutureGizmo: Hi freefront, the link to the Unread Topics is at the bottom of the page, included in "Your Member Information" section.
      May 27, 2016, 09:40 PM
    • natz: Wala magawa. Petiks. tagal ....uwian na...>_>
      May 27, 2016, 04:25 PM
    • reytave19: what's up with fgen?
      May 27, 2016, 01:55 PM
    • freefront: FG, can we have the "unread topics" back?
      May 27, 2016, 02:41 AM
    • natz: Ano ba yan. Down ang BPI BEA Online tsk tsk.
      May 25, 2016, 10:21 AM
    • LifeStyle: Greetings! Newbie here.. im a wanna be micro entrepeneur..
      May 20, 2016, 09:03 PM
    • Marq: I need help
      May 19, 2016, 12:52 AM
    • kerefish: Welcome to me I'm newbie
      May 15, 2016, 02:05 PM
    • mrblue20: hi gudeve sa lahat
      May 11, 2016, 05:00 PM
    • jenofstructures: ang daming thread na pala na hindi ko nabasa hahahaha ang dami kasing nag multiple post sa ibat ibang thread
      May 10, 2016, 04:49 PM
    • trail291: good morning
      May 10, 2016, 11:23 AM
    • lancemarkus: Magandang umaga po sa kanila!
      May 09, 2016, 09:05 AM
    • jenofstructures: ingat po tayong lahat sa pagboto
      May 06, 2016, 04:29 PM
    • freefront: Hello! Something wrong with firstmetrosec? Can't log-in since yesterday.
      May 05, 2016, 12:39 PM
    • prmm122585: Hello there!
      May 05, 2016, 04:26 AM
    • jenofstructures: akala ko nga blocked na to sa amin hahahahaha
      May 04, 2016, 04:34 PM
    • Prospera: What happened to the site, FGiz???Could not connect for hours! Akala ko DDOS attack na...
      May 04, 2016, 12:06 PM
    • RENIE: hi to all, baguhan lang ako dito,
      May 03, 2016, 05:43 PM
    • jennyicasas: Hi! would like to know how much is the fair market value of a residential land in Brgy Upli, Alfonso, Cavite? Also BIR'S zonal value in the said area? thank you, help pls..
      May 03, 2016, 04:50 PM
    • CodyDeegan: Found it xD
      May 02, 2016, 01:42 PM
    • CodyDeegan: Nasan po yung attendance thread? hehe hindi ko mahanap. Sorry. xD
      May 02, 2016, 01:39 PM
    • chinopalmer: Hi pano po ba malamn o m hack password s yahoo?gusto ko po sana m open ang email ng wife ko.salamat po sana po matulungan nyo ako
      Apr 30, 2016, 10:14 PM
    • chinethan8: hi, ask ko lang sana kung how to manage and how much a capital needed to a company canteen? actually, nirefer lang ako ng friend ko sa company nila kasi gusto ng tanggalin ung existing na nag canteen doon kasi hindi na daw maganda ang services (specially yong mga food served everyday)  at konti lang ang niluluto kaya madali lang maubos. Around 150 ang employees nila. kaya sa canteen talaga sila kumakain. may policy kasi sila na bawal bumili ng food sa labas. can you help me?
      Apr 28, 2016, 04:57 PM
    • CodyDeegan: That is a wise move. Big deal na kase yun mobile friendly websites. Pag hidi baka mapenalize yung site.
      Apr 26, 2016, 01:13 PM
    • jenofstructures: thanks FG!
      Apr 26, 2016, 12:27 PM
    • natz: Wow. nice. binalik sa dati yung mga recent post. Hindi na nakaklito tignan haha. Thank you po.
      Apr 26, 2016, 10:28 AM
    • FutureGizmo: Hi jenofstructures, we're also preparing to launch a cleaner, mobile-responsive theme soon which will show a shortcut to the links you asked. But for now, I returned this tab at the bottom of the page called "Your Member Information." Hope that helps!
      Apr 26, 2016, 09:53 AM
    • jenofstructures: Hi FG! now alam ko na kung bakit nawala yung nasa kanan. Hindi ba pwede ibalik yung "recent unread post" tab?
      Apr 26, 2016, 06:34 AM
    • FutureGizmo: Just to explain, our main consideration for doing the revamp is to make the forum more mobile-friendly. We had to ditch the right-hand side column because it doesn't look good on mobile. All other widgets or sections will have to be either on top or below the actual forum. Keep posting! We'd love to hear more comments and suggestions. :)
      Apr 25, 2016, 10:56 PM
    • FutureGizmo: Hi all, just post your comments here about the new layout and we'll take all those into consideration. We're still revamping layout and looking for the best possible look for the site.
      Apr 25, 2016, 10:55 PM
    • natz: I am talking about dun sa recent post sa taas ^ dati nasa baba yan hehe....
      Apr 25, 2016, 01:54 PM
    • natz: oo nga. mahirap basahin yung title. ang gulo tingnan. mas ok yung dati....
      Apr 25, 2016, 01:53 PM
    BloQcs design by Bloc
    SMF 2.0.11 | SMF © 2015, Simple Machines
    SMFAds for Free Forums
    SimplePortal 2.3.6 © 2008-2014, SimplePortal