ABS-CBN Corporation
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Lopez: ABS-CBN remains focused on growth plans

MANILA (UPDATE) - The Philippines' largest multimedia company ABS-CBN Corporation remains focused on growth plans, amidst talk of strategic partnerships being forged by the competition.

"We're not really focused on that competitive dynamic. We're really more focused on our own internal plans to roll out a number of different activities across all the different platforms." ABS-CBN Corp. chairman Eugenio Lopez III said at the company's annual stockholders meeting on Wednesday.

GMA Network chairman Felipe Gozon earlier confirmed they are in talks with Ramon S. Ang for a possible stake in the country's second largest network investing in his personal capacity.

ABS-CBN, through unit ABS-CBN Convergence, is now rolling out ABS-CBN Mobile, a network sharing deal with Ayala-led Globe Telecom that enables the multimedia giant to deliver content through traditional telecoms services.

"We have an MVNO (mobile virtual network operator) deal with Globe Telecom and so in that sense, they really are our strategic partner in terms of delivering new distribution mechanisms for our content to be provided, so we're focused on that kind of activity. We're developing Kidzania as a separate distribution arm eventually to allow our content to be distributed across other platforms." Lopez added.

The pioneering partnership between ABS-CBN and Globe forged last year, ushers in the media convergence era, especially as the two firms capitalize on its strong synergies.

MVP gives up on GMA

Last week, businessman Manuel V. Pangilinan said there are no plans to revive talks with shareholders of GMA Network. Pangilinan's group pursued a possible controlling stake in GMA Network, but talks fell through due to price and legal issues.

For now, Pangilinan said the group will concentrate on its other media assets such as TV5.

"I guess we're too busy with other things and with TV5 and all the rest of our media assets, so we'd like to focus on those first," he said.

PLDT, through MediaQuest Holdings, terminated discussions with GMA Network's major shareholders, another aborted attempt by the Philippines' largest telecommunications firm since negotiations began several years ago.

Acquiring GMA, the country's second biggest media group, is in line with the convergence strategy of Pangilinan's group.

The group has holdings in various media assets such as Cignal TV, TV5, broadsheets Philippine Star, Philippine Daily Inquirer and BusinessWorld.

Ang, meanwhile, also confirmed on Monday that he is in talks with Gozon for a possible stake in the broadcasting company.

"Yes, I am in talks to invest in GMA7 in my personal capacity," he said.

Ang has reportedly been in discussions with Gozon since January.

source http://www.abs-cbnnews.com/business/05/1...owth-plans

sana bumalik sa 40.
(03-06-2014, 10:48 AM)CLY Wrote: May buyback program ang ABS-CBN sa common and pdrs nila. 500m php worth ata. Check niyo yung ni share ni Boss Spy sa market briefing niya dito and sa blog niya. I think yun ang catalyst sa pag-angat ng price ni ABS/ABSP.

I think COL's FV is fair. 36.50 minimum TP ko sa ABSP. with upside of 41.50. Let's see how this 2Q plays out for ABSP.

Sell na dapat nung nag 40. good luck sa rest of the holders. Big Grin
“Naked I came from my mother’s womb, and naked shall I return. The LORD gave, and the LORD has taken away; blessed be the name of the LORD.” - Job1:21
dapat ito kasi hineadline ni COL hindi yung HOLD recommedation nya kaya tuloy bumababa. nut

Posted on May 15, 2014 11:26:10 PM

ABS-CBN ‘off to a good start’ -- CFO

In a disclosure to the Philippine Stock Exchange, the company said its net income grew to P538 million from P503 million in the same period a year ago.

“I am particularly pleased that we were able to grow our net income by 7% considering that last year’s results included election-related revenues,” Aldrin M. Cerrado, ABS-CBN Corp. chief financial officer, said in a statement.

“We are off to a good start in 2014,” he added.

The network has set a profit target of P1.8 billion to P2 billion this year.

(03-27-2014, 06:14 AM)syoryuken Wrote: Eto ABS ni boss TP

Swabeng akyat. Dinedma pa yung 40, umatras Big Grin
Technicals + Fundamentals is the way forward.

My favorites
Fundamental Analysis: http://fundamentalenthusiast.wordpress.com
Technical Analysis: http://www.tradingphoenix.net
Eto na, magkakaalaman na sino ang matibay sino ang matatag .... :p

Technicals + Fundamentals is the way forward.

My favorites
Fundamental Analysis: http://fundamentalenthusiast.wordpress.com
Technical Analysis: http://www.tradingphoenix.net
If You're So Smart, Why Aren't You Rich? - BATMAN The Animated Series: Season 1, Episode 41
aakyat rin kaya lpz pag akyat nito?
question lng, what's the difference between ABS and ABSP?
...pwede pa 'to, earnings would dramatically shoot up during elections, buy and hold

Higher ad revenues lift ABS-CBN Q3 income

LOPEZ-LED ABS-CBN Corp. on Monday said it is on track to meet its P2.4-billion profit target this year after earnings grew by an annual 27.7% from July to September, on the back of a faster growth in advertising revenues.

The listed media company earned P696.19 million in the third quarter, based on a statement it released yesterday, compared to its P545.17-million profit in 2014’s comparable period.

Revenues reached P10.1 billion, higher than the P8.77 billion gross revenue it reported in 2014’s comparable period.

“Advertising revenue grew by 7.7% and that’s really the driver. In the past we’re just growing by 4-5%… And retail events -- because of international events we do outside, revenue is growing,” ABS-CBN Chief Financial Officer Aldrin M. Cerrado said during a media and analyst briefing yesterday at the Makati Shangri-La Hotel.

The latest figures brought its nine-month net income to P1.9 billion, 23% higher year on year, while net revenues improved by 11% to P27.83 billion.

“Given our growth trajectory, we are likely to hit record revenues by year-end, and we should be in a strong position to build on this given that next year is an election year,” Mr. Cerrado said.

He said that at present, revenues from political advertisements already reached P700 million, and will likely reach less than P1 billion by yearend.

“With one quarter to go, we are confident that we will succeed in meeting our earnings guidance of P2.4 billion for 2015.”

In 2014, ABS-CBN posted a net income of P2.03 billion.

source http://www.bworldonline.com/content.php?...&id=118345


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