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Philippine cemetery chain Villar Land Holdings sees stock surge over 130% yearly, fueled by ambitious new city project.
Golden MV Holdings, a Philippine cemetery chain now called Villar Land Holdings, has the world's most expensive real estate stock, trading at 100 times book value.
The surge, over 130% in a year, is fueled by investor interest in the company’s ambitious Villar City project, a 3,500-hectare development.
This valuation is speculative, depending largely on projected cash flows from the project.
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La cadena de cementerios filipinos Villar Land Holdings ve un aumento anual de las existencias de más del 130%, impulsado por un ambicioso proyecto de nueva ciudad.