Successes and Failures are Parts of Trading. They are Not Permanent.

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ABS-CBN Corporation
#1
BUSINESS PROFILE

ABS-CBN Corporation, formerly ABS-CBN Broadcasting Corporation, (“ABS-CBN” or “Parent Company”) is incorporated in the Philippines on July 11, 1946. The Parent Company‟s core business is television and radio broadcasting. Its subsidiaries and associates are involved in the following related businesses: cable and direct-to-home (DTH) television distribution and telecommunications services overseas, movie production, audio recording and distribution, video/audio post production, and film distribution. Other activities of the subsidiaries include merchandising, internet and mobile services and publishing.

The Parent Company is 57%-owned by Lopez, Inc., a Philippine entity, the ultimate parent company.

The common shares of ABS-CBN were listed beginning July 8, 1992 and have since been traded in the Philippine Stock Exchange (PSE).
On August 16, 2010, the Philippine Securities and Exchange Commission (SEC) approved the change in the Parent Company‟s corporate name from ABS-CBN Broadcasting Corporation to ABS-CBN Corporation.

The registered office address of the Parent Company is Mother Ignacia Street corner Sgt. Esguerra Avenue, Quezon City.


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#2
ABS-CBN cuts costs, says to meet profit target

MANILA, Philippines - ABS-CBN Corporation, the Philippines' largest multimedia firm, said Thursday it is investing in a state-of-the-art sound stage in an effort to cut production costs.

The company has purchased a 15-hectare property in Novaliches, Quezon City, located north of Metro Manila, to house the sound stage, according to ABS-CBN chairman and chief executive officer Eugenio Lopez III.

"This will radically change our production costs. Today, 80% of our production is remote and 20% is studio, when the sound stages are done... it will be 80% studio and 20% remote."

ABS-CBN produces most of its soap operas and other television shows, which it also exports to other countries.

The company spends about P100 million annually on location rentals alone. Sudden changes in weather and bad traffic in the capital also add to costs.

"We believe there is a potential for sales to foreign content providers that want to shoot in a sound stage so we want to build state-of-the-art sound stage so that we can attract other foreign content providers to do their productions here," Lopez added.

This year, ABS-CBN eyes to match its record profit of P3.2 billion in 2010 even in the absence of election-related advertisements.

"Our ratings have improved significantly, so we expect that to drive revenues moving forward," said Lopez.

"We're confident to hit full-year P3.2 billion income. If you look at the regular ad minutes, they've slightly slowed this month but given the state of the economy, we see these picking up in coming days. We continue to manage our costs aggressively," added ABS-CBN chief finance officer Ron Valdueza.

http://www.abs-cbnnews.com/business/06/1...fit-target
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#3
ABS-CBN Corp. (ABS)

Recommendation: Buy

A BROKERAGE firm has advised investors to buy shares in Lopez-led media giant ABS-CBN Corp., saying the stock’s value is bound to increase after hitting a 52-week low.

http://www.bworldonline.com/Research/sto...hp?id=0821
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#4
lower low... not recommended
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#5
Posted on September 06, 2011 09:19:34 PM
CA junks case over ABS-CBN game show


THE COURT of Appeals (CA) has junked ABS-CBN Corp.’s accusations that TV5 and game show host Wilfredo “Willie” B. Revillame violated the Lopez-led broadcaster’s copyrights over the now-defunct noontime game show Wowowee.

http://www.bworldonline.com/content.php?...-&id=37830
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#6
Posted on September 06, 2011 09:15:06 PM
Broadcasters claim top spot


BROADCASTERS ABS-CBN Corp. and GMA Network, Inc. yesterday reported the ratings race remained tight, with each side claiming the top spot for August.
ABS-CBN, citing data from Kantar Media, said that it had a national TV share of 36% in August, only a point lead from GMA Network’s 35% share.

GMA Network, in a separate statement, countered ABS-CBN’s claims.

Citing Nielsen TV Audience Measurement data, GMA Network said it had 35 audience share points last month versus ABS-CBN’s 30.9 share points.

Both broadcasting firms reported a drop in first-half profits, owing to the absence of election-related spending. -- K.A. Martin

http://www.bworldonline.com/content.php?...t&id=37828
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
Reply
#7
ABS-CBN revises forecast


BROADCASTER ABS-CBN Corp. saw its nine-month profits drop by double-digits, prompting the company to forecast a net income decline of as much as 22.6% from year-ago levels. ABS-CBN recorded P2.2 billion in net income as of September, a 23% drop from the P2.9 billion booked in the same period last year. This, as consolidated advertising revenues declined by 21% to P13.37 billion as firms reportedly cut back on advertising spending. The net income of rival GMA Network, Inc. had similarly dove by 30% for the nine-month period. ABS-CBN has thus revised its yearend profit forecast to P2.4-2.6 billion, down from the P3.1 billion recorded last year which the firm had earlier expected to match in 2011. ABS-CBN share prices slid by 3.87% to P31 apiece when the stock market closed yesterday.

http://www.bworldonline.com/content.php?...s&id=41599
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
Reply
#8
Posted on January 04, 2012 09:43:59 PM

ABS CBN claims slight lead in last year’s ratings


BROADCASTER ABS-CBN Corp. yesterday claimed the top spot in terms of national television ratings for 2011, closing the year with a slight lead over fierce rival GMA Network, Inc. according to a study it commissioned.

http://www.bworldonline.com/content.php?...s&id=44474
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#9
eto oh gumigiling na rin Smile
“Gravity and Momentum, Behind Everything You Do.”
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#10
Posted on February 05, 2012 09:31:40 PM

ABS-CBN, GMA claim top ratings rank

ABS-CBN Corp. yesterday said it claimed the lead in national primetime television ratings, but rival GMA Network, Inc. reported that it topped national ratings across all block times, separate statements showed.

http://www.bworldonline.com/content.php?...k&id=46228
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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