If we compare ourselves to the industry giants....

Looking forward to the future of business

We have always thought of our companies as in the lower tier below such giants as Manila Memorial Park ark,,(5 locations;  Forest Lake (23 but only 17 active)  and Golden Haven  (35 locations they say)

But we have only 7.  We are awaiting deal. to make it 8.  

But we are multi product memorial company offering various modes of interment:    plots and ash vaults;

and various services:   interment, funeral, and cremation.  

We have 2 cremation facilities now, we have at the drawing board +3,   we can have 3 more by next years.  That can make our crematorium number even with the number of parks.  3 of the parks can have 10 digits inventory.  We can have an average of 10,000 ash crypts in the 6 locations.  We can be propelled into upper echelons of the industry when we complete this.

We also found out that the memorial park owned by the richest citizen of the Philippines does not make that much lacking perhaps critical skill and expertise in the  business. The company which has incuded Bria in their company name makes more in housing and land development

   In due time we can reach the level of their liquid assets, and total assetts (are they under declared

Changed business models for the memorial business

Looking forward to the future of business

                                             What fate awaits them?  Like the man in the coffin

The recent pandemic has wrecked havoc on the memorial business.   The traditional giants in memorial are probably hurting like the giant memorial plan company.   Their sales probably shrunk, no one is using their plan, ,because people now turn to memorial plots, actual cremation and interment service.  No use having the funeral service since the attendance is limited if not prohibited.

As the big company do not have cremation infrastructures, , they turn to local funeral homes who in turn turn to crematorium  And as usual engage in layering of cost and squeezing the owners of the facilties.  That would be unsustainable because customers will soon find out that there is over pricing.  Direct cremation can be had for 1/3 the cost of the plans

We also realized that they may be holding billions of pesos in trust funds.  It is not actually theirs but a liability to plan holders. We may be having more margins  than them and resources owned.