Metro Retail Stores Group, Inc. (MRSGI) was incorporated and registered with the Securities and Exchange Commission (SEC) on August 28, 2003 originally as Valueshop Market Market, Inc. The Company’s primary purpose is to buy, sell and trade goods, wares and merchandise of every kind and description and in general to carry on the business of a supermarket, hypermarket and department store operator. The Securities and Exchange Commission approved the change in name to the present one on July 3, 2014.
The Company’s business is divided into three complementary retail formats namely, a supermarket format operated under the “Metro Supermarket” and “Metro Fresh N Easy” brand names; a department store format operated under the “Metro Department Store” brand name; and a hypermarket format operated under the “Super Metro” brand name.
As of end of 2015, MRSGI has a total of nine stores in Metro Manila and 11 stores in other parts of Luzon, bringing the total store count in the Philippines to 46.
What I like About Them:
- Dominance in the Vis/Min Region
- Potential Growth in Luzon
- Focus on increasing Gross Floor Area
Aside from the Gaisano’s its also notable who is running the operations of the business: Arthur Emmanuel
Arthur Emmanuel is the President and Chief Operating Officer of Metro Retail Stores Group, Inc. (MRSGI).
Prior to his appointment in MRSGI, Emmanuel served as Consultant for Merchandising and Store Operations at Vicsal Development Corporation from 2010 to 2012. He honed his decades of experience in retail at Wal-Mart, where he rose over the years to hold several key positions in the areas of Domestic and International Operations, Merchandising, Global Procurement, Product Development and Logistics. These positions include Senior Vice President for Sourcing and Retail Import Development Organization, China; Senior Vice President for Shoes and Jewelry; Regional Vice President for Operations; Senior Vice President and Chief Operating Officer, South America; Vice President for International Operations for Mexico and Puerto Rico; Vice President for International Merchandise; Vice President and Divisional Merchandise Manager for Ladies Apparel; and Regional Vice President for Operations.
Resistance 1: Php 4.41
Resistance 2: Php 4.95
Support 1: Php 4.01
Support 2: Php 3.91
Buy: Below Php 4.30 or if it breaks out of Php 4.41
Cut Loss or Take Profit: Php 3.99 or Php 4.10