{"id":330859,"date":"2024-12-12T23:13:20","date_gmt":"2024-12-12T15:13:20","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=330859"},"modified":"2024-12-12T23:13:22","modified_gmt":"2024-12-12T15:13:22","slug":"trade-the-news-tel-to-revive-smart-money","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-tel-to-revive-smart-money\/","title":{"rendered":"Trade the News: TEL to revive Smart Money"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>PLDT Inc.<\/td><\/tr>
Stock Code<\/strong><\/td>TEL<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 1,770.57<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Competition is heating up in the Philippine e-wallet space, which to date is dominated by GCash. Now here come Apple Pay and Google Pay, which are looking to register and set up onshore operations.<\/p>\n\n\n\n

But wait. The group of tycoon Manuel V. Pangilinan has hatched a new \u2014 or maybe not so new \u2014 fintech platform to add to the fray and it\u2019s distinct from existing affiliate Maya.<\/p>\n\n\n\n

Several Biz Buzz sources said that the platform is \u201cSmart Money.\u201d If it sounds familiar, it\u2019s indeed the same brand that had a good start long ago but was decommissioned in favor of PayMaya.<\/p>\n\n\n\n

It hasn\u2019t been launched yet, but it must be happening pretty soon as the Smart Money app is now available in the Apple Store.<\/p>\n\n\n\n

Why does the MVP group want another platform that can also become a competitor to Maya? First, Maya\u2019s business model has changed over the years. It has gained more ground in merchant acquisition than consumer-to-consumer payments and is now a properly licensed digital bank, one of the first six digital banks licensed by the Bangko Sentral ng Pilipinas (BSP).<\/p>\n\n\n\n

Secondly, while Maya\u2019s parent firm Voyager Innovations remains PLDT\u2019s fintech arm, the telco giant\u2019s stake in the latter has been diluted to a minority position, which means the new Smart Communications chief, Anastacio \u201cBoy\u201d Martirez, has little or no say in it (and he\u2019s not exactly friends with Voyager chief Orlando Vea). <\/p>\n\n\n\n

If it\u2019s his goal to challenge GCash, we hear that he wants to bring to the ballgame a new horse with an old (but compelling) brand name\u2014whose reins he has full control of.<\/p>\n\n\n\n

(News Source: Philippine Daily Inquirer<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-330859","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=330859"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330859\/revisions"}],"predecessor-version":[{"id":330861,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330859\/revisions\/330861"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=330859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=330859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=330859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}