An investment opportunity literally landed on the laps of a five-month-old boy and his parents in Cagayan de Oro.
In a Facebook post, SM Investments Corp. SVP for Investor Relations Cora P. Guidote shared that she was talking about the long-term growth story of the SM Group of Companies to a group of about 300 retail investors in CDO when a small baby boy caught her eye “as he was there, cradled in his father’s arms, quietly listening.”
SM Investment Corp.’ Cora Guidote, with Baby SM and his parents
Photo courtesy of Cora Guidote via Facebook (Manila Bulletin)
Since he was her youngest audience to-date, after years of conducting roadshows both here and overseas since the mid-1980s, Guidote promised his parents she will give their baby boy five shares of SM Investments “for them to hold for 20 years before selling.”
Guidote later told the Manila Bulletin that it could be “the best opportunity, as an investor relations practitioner, to put my money where my mouth is by investing in this little boy’s future.”
When asked about the projected valuation of those five shares in 20 years, Guidote replied: “It is hard to say where the shares will be in 20 years but on a compounded annual rate, SM grew at a compounded rate of 20% in the last 11 years.”
After the session, Guidote’s group found out that the baby’s first name is also SM, for Sage Matthew. How’s that for coincidence?