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Wolves of Paseo
Wolves of Paseo Media and Entertainment Sector Philippine Stock Exchange (PSE) ABS-CBN Corporation Date: 06/11/2019 Current Price: Recommendation: Buy Ticker: ABS:PM PHP18.6 Target Price: PHP31.8 Market Profile We issue a BUY recommendation for ABS-CBN Closing Price 18.58 Corporation (ABS) with a target price of PHP31.8, (PHP) representing a 71% upside from its closing price of 52-Week 16.80 – PHP18.6 on 06 November 2019. We arrived at our Range 25.30 Average 213.5 target price using the Discounted Free Cash Flow to Volume Equity method. (PHP’000) Shares 861.97 Strong Core Business Anchored on Growing Outstanding Consumption (Millions) Market Cap 15.07 (PHPbn) Consumer Spending is expected to pick up in the Dividend 2.96% next few years as inflation levels out and labor Yield market strengthens. Furthermore, spending will also P/E (ttm) 5.47 be supported by continuously strong inflows coming Source: MarketWatch from remittances. Figure 1. Forecasted EPS (in PHP) Outlook towards the labor market and 6 unemployment is positive, with unemployment maintaining its low level. In addition, the higher 4 minimum wage will increase disposable income which will eventually translate to consumption. ABS 4.4 4.7 4.9 2 3.8 4.1 is well positioned to reap the benefits of this trend as 0 it remains to be the leading media company in the 2020F 2021F 2022F 2023F 2024F Philippines. It consistently leads the industry based on rating agencies. Source: Team Estimates Ratios 2019F 2020F 2021F 2022F 2023F 2024F Gross Margin 41% 40% 40% 40% 40% 40% Net Profit Margin 7% 7% 7% 8% 8% 8% Current Ratio 3.0 3.1 3.2 3.4 3.5 3.6 Debt-to-Equity 0.9 0.8 0.7 0.7 0.6 0.6 Return on Asset 4% 3% 4% 4% 4% 4% Return on Equity 9% 8% 8% 8% 8% 7% Earnings per Share 3.8 3.8 4.1 4.4 4.7 4.9 Business Description ABS is the Philippines’ leading media and entertainment organization. -
Asia's Media Innovators Vol.2
ASIA’s MediA INNOVATORS VOL.2 BY STEPHEN QUINN AND KIM KIERANS Konrad-Adenauer-Stiftung Singapore Media Programme Asia Asia’s Media Innovators Vol.2 By Stephen Quinn and Kim Kierans Copyright © 2010 by the Konrad-Adenauer-Stiftung, Singapore Publisher Konrad-Adenauer-Stiftung 34 Bukit Pasoh Road Singapore 089848 Tel: +65 6603 6181 Fax: +65 6603 6180 Email: [email protected] www.kas.de/mediaasia All rights reserved Manuscript offers, review copies, exchange journals, and requests for subscription are to be sent to the publisher. The responsibility for facts, opinions and cross references to external sources in this publication rests exclusively with the author and his interpretation do not necessarily reflect the views of the policy of Konrad-Adenauer-Stiftung. Layout and Design Hotfusion 7 Kallang Place #04-02 Singapore 339153 www.hotfusion.com.sg Contents 7 | Foreword 11 | Chapter 1: The uncontested rise of social media in Asia 25 | Chapter 2: Asia’s mobile phone innovations 37 | Chapter 3: Citizen-aided news in the Philippines 49 | Chapter 4: Blogging as an alternative media in Vietnam 61 | Chapter 5: Singapore’s razor-sharp Internet television network 71 | Chapter 6: Twittering the news in Australia 83 | Chapter 7: Cambodia — a land of opportunity 97 | Chapter 8: Phuket website continues journalism’s noblest traditions 109 | Chapter 9: Digital innovations in Malaysia 121 | Chapter 10: A mobile phone future for India and China 135 | About the authors Foreword Commercial publishing companies, as well as non-profit organizations like the German Konrad-Adenauer-Stiftung (KAS), always appreciate if a publication is “sold out” within a short period of time. -
Us East Time (St)
JULY 2012 NORTH AMERICA MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY SUNDAY JULY 9 JULY 10 JULY 11 JULY 12 JULY 13 JUL Y 7 JULY 8 ET ET 12 A RATED K (11:25-12:15) MAALAALA MO KAYA 12 A X-FACTOR WALANG HANGGAN (R) (11:55-12:35) (R) (11:30-12:30) PHILIPPINES X-FACTOR SUNDAY KAHIT PUSO’Y MASUGATAN (12:35-1:10) PHILIPPINES 1 (12:15-1:15) SATURDAY 1 GANDANG GABI VICE KUNG AKO’Y IIWAN MO (R) (1:10-1:40) (12:30-1:30) (1:15-2:00) BANANA SPLIT 2 PHR: HIYAS (1:40-2:20) JUNE 30 EP. (R) 2 THE WAY (1:30-2:30) YOU LOOK BANDILA (2:20-3:05) AT ME BOTTOMLINE 3 (2:30-3:30) 3 (2:00-3:40) XXX GAPLESS PATROL NG PILIPINO AKO ANG SIMULA KRUSADA SOCO (3:05-3:45) (3:05-3:45) (3:05-3:45) (3:05-3:45) (3:05-3:45) STORYLINE 4 BALITANG AMERICA (R)(3:45-4:15) (3:30-4:10) 4 ASAP (R) STORYLINE (R) SALAMAT DOK SAT BOTTOMLINE (R) SALAMAT DOK SUN RATED K (R2) CITIZEN PINOY (4:15-5:05) (R)(4:15-5:05) (4:15-5:05) (R)(4:15-5:05) (4:15-5:05) 5 (3:40-5:45) (R)(4:10-5:10) 5 PATROL NG PILIPINO KRIS TV (R) (5:05-6:00) (R) (5:10-5:50) 6 ADOBO NATION KRUSADA (R) 6 (R)(5:45-6:45) (5:50-6:30) FAILON NGAYON TODA MAX (R) (6:30-6:55) 7 JUNE 30 EP. -
Ar-2004 Pdf Comp
abs-cbn annual report 2004 1 2 abs-cbn annual report 2004 abs-cbn annual report 2004 3 4 abs-cbn annual report 2004 abs-cbnabs-cbn annual annual report report 2004 2004 55 6 abs-cbn annual report 2004 abs-cbn annual report 2004 7 8 abs-cbn annual report 2004 abs-cbn annual report 2004 9 10 abs-cbn annual report 2004 abs-cbn annual report 2004 11 12 abs-cbn annual report 2004 abs-cbn annual report 2004 13 14 abs-cbn annual report 2004 abs-cbn annual report 2004 15 16 abs-cbn annual report 2004 abs-cbn annual report 2004 17 18 abs-cbn annual report 2004 abs-cbnabs-cbn annual annual report report 2004 20041919 ABS-CBN BROADCASTING CORPORATION AND SUBSIDIARIES BALANCE SHEETS (Amounts in Thousands) Parent Company Consolidated December 31 2003 2003 (As restated - (As restated - 2004 Note 2) 2004 Note 2) ASSETS Current Assets Cash and cash equivalents (Note 4) $356,772 $803,202 $1,291,557 $1,580,355 Receivables - net (Notes 5, 7 and 12) 2,181,412 2,338,136 3,757,824 3,789,278 Current portion of program rights (Note 9) 490,685 566,992 872,983 880,975 Other current assets - net (Note 6) 296,182 193,317 629,426 508,681 Total Current Assets 3,325,051 3,901,647 6,551,790 6,759,289 Noncurrent Assets Due from related parties (Notes 7 and 12) 159,741 150,894 262,435 273,303 Investments and advances (Notes 5, 7, 9, 12 and 15) 3,622,061 3,417,545 239,962 342,111 Noncurrent receivables from Sky Vision (Note 7) 1,800,428 – 1,800,428 – Property and equipment at cost - net (Notes 8, 12, 13 and 14) 10,250,015 10,580,136 10,650,285 10,909,767 Program rights -
Anatomy of a Failed Pandemic Response
P A R T S I I I & I V ANATOMY OF A FAILED PANDEMIC RESPONSE A S e r i e s o f C r i t i c a l P a p e r s o n D u t e r t e A d m i n i s t r a t i o n ' s C O V I D - 1 9 I n t e r v e n t i o n s Senator Leila M. de Lima Photo by KJ Rosales/Philippines Star PART III D U T E R T E A D M I N I S T R A T I O N ’ S M E D I C A L R E S P O N S E A N D H E A L T H S E C T O R S U P P O R T PART IV H U M A N R I G H T S R E P R E S S I O N I N T H E N A M E O F P E A C E A N D O R D E R A N A T O M Y O F A F A I L E D P A N D E M I C R E S P O N S E On Monday, 27 July 2020, President Rodrigo R. Duterte will deliver his penultimate State of the Nation Address (SONA). At front and center of today’s public discussion is his administration’s response to the COVID-19 pandemic. -
Moci Fixes Marketing, Delivery Service Charges
BUSINESS | Page 1 QATAR | Page 20 QP to postpone start of output from new gas facilities QF highlights benefi ts until 2025 of reading in isolation published in QATAR since 1978 WEDNESDAY Vol. XXXXI No. 11512 April 8, 2020 Sha’ban 15, 1441 AH GULF TIMES www. gulf-times.com 2 Riyals Amir directs to send medical aid to Italy MoCI fi xes marketing, His Highness the Amir Sheikh Tamim bin Hamad al-Thani has directed sending medical aid to Italy to support the eff orts of friends in that country to combat and contain the outbreak of the novel coronavirus epidemic (Covid-19). delivery service charges The aid includes sending two Qatar Amiri Air Force aircraft loaded with two field hospitals, which are sched- uled to arrive today. zQR10 set as maximum charge that can be collected from consumer for delivery The area of the first field hospital is about 5,200sq m, and the second hospital is about 4,000sq m, with a ca- he Ministry of Commerce and any individual with whom s/he is doing z The maximum service price is pacity of 1,000 beds for both hospitals. The hospitals are Industry (MoCI) has said QR10 business or otherwise contracted to. 19% of the order value imposed by equipped with modern technical devices and equipment Tis the maximum charge that The decision identifi es the supplier marketing and delivery platforms on for the treatment of people with coronavirus. can be levied on consumers for deliv- as the party that provides marketing the supplier when it comes to mar- Also the aid includes sending two additional military ery services. -
UK-Based Project Ocean to Create Marine Safe Havens - - GMA News Online - Latest Philippine News 11-05-25 3:46 PM
UK-based Project Ocean to create marine safe havens - - GMA News Online - Latest Philippine News 11-05-25 3:46 PM Article Home Nation Regions Business Pinoy Abroad World Sports Showbiz Lifestyle Technology Special Features Humor More sections SONA: Tips ng DOH, Red Cross vs epekto ni 'Chedeng' Advertise with us Home > Who What Where > Top Stories » Thriving seashell trade leaves poor behind UK-based Project Ocean to create marine safe » Senate asked to honor slain Makiling guard havens » ‘Historic, most comprehensive’ study on 05/25/2011 | 11:38 AM PHL biodiversity begins » Group pushes picture warnings for workplace chemical safety Recommend Be the first of your friends to recommend this. 0 » For workers' safety, govt urged to check With current forecasts predicting the collapse of the world’s major fisheries by 2050, a buildings for asbestos novel approach to conservation is needed to secure the future of our seas. » Eco groups: Mercury vapors found in Manila recycling sites Project Seahorse, the Zoological Society of London (ZSL), and over 20 other » Japan nuclear crisis gives Earth Hour added conservation-minded organizations have embarked on Project Ocean, a ground-breaking poignancy partnership with luxury department store Selfridges to bring attention to the crisis facing » ‘Earth Hour,’ suportado ng Malacanang, the world’s oceans. Simbahan Katoliko For the first time in its history, Selfridges will be stocking their shelves with sustainable More Stories fish, and dedicating its famous window displays to conservation, highlighting the plight of the oceans to the store’s 30,000 daily shoppers. 24oras: Mahigit 100 species ng lamang-dagat, nadiskubre sa Pilipinas 2011-05-25 19:47:40 Good News: E-Jeepney's, nagsasakay ng libre! 2011- 05-08 20:06:29 SONA: Ano ang inyong ginagawa para sa ating kalikasan? via Twitter at Facebook 2011-04-25 22:04:00 Project Ocean is establishing a community-managed marine protected area on Born to be Wild: The Born Danajon Bank in the Philippines, the home of rare species of seahorses. -
Corporate Purpose
BRAVERY IN UNCERTAINTY INUNCERTAINTY BRAVERY I GMANETWORK,INC.ANNUALREPORT2020 GMA NETWORK, INC. GMA Network Center EDSA corner Timog Avenue Diliman, Quezon City (632) 8982-7777 www.gmanetwork.com CORPORATE PURPOSE TABLE OF We enrich the lives of Filipinos everywhere with superior Entertainment and the responsible, CONTENTS unbiased, and timely delivery of accurate News and Information. 1 Purpose, Vision, Core Values 3 About GMA 4 Subsidiaries, Affiliates, Joint Ventures CORPORATE VISION 6 Chairman’s Message We are the most respected, undisputed leader 9 Financial Highlights in the Philippine broadcast industry 11 President’s Message and the recognized media innovator and pacesetter in Asia. 14 Operational Highlights We are the Filipinos’ favorite network. 16 Celebrating 70 Years We are the advertisers’ preferred partner. We are the employer of choice in our industry. 26 COVID-19 Response We provide the best returns to our shareholders. 38 Board of Directors We are a key partner in promoting the best in the Filipino. 44 Officers 52 Corporate Governance 56 Awards 63 Management Discussion & Analysis CORPORATE VALUES 74 Financial Statements We place God above all. 162 Directory We believe that the Viewer is Boss. We value our People as our best assets. ABOUT THE COVER We uphold Integrity and Transparency. The year 2020 was one of the most uncertain We are driven by our Passion for Excellence. periods of all time—explosive volcanic eruptions, more intense typhoons, and rapidly changing We strive for Efficiency in everything we do. technology. Then a pandemic hit the world, crippling We pursue Creativity and Innovation. even the strongest of nations and economies. -
THE SOCIAL MEDIA (R)EVOLUTION? Asian Perspectives on New Media
THE SOCIAL MEDIA (R)EVOLUTION? Asian Perspectives On New Media CONTRIBUTIONS BY: APOSTOL, AVASADANOND, BHADURI, NAZAKAT, PUNG, SOM, TAM, TORRES, UTAMA, VILLANUEVA, YAP EDITED BY: SIMON WINKELMANN Konrad-Adenauer-Stiftung Singapore Media Programme Asia The Social Media (R)evolution? Asian Perspectives On New Media Edited by Simon Winkelmann Copyright © 2012 by the Konrad-Adenauer-Stiftung, Singapore Publisher Konrad-Adenauer-Stiftung 34 Bukit Pasoh Road Singapore 089848 Tel: +65 6603 6181 Fax: +65 6603 6180 Email: [email protected] www.kas.de/medien-asien/en/ All rights reserved Requests for review copies and other enquiries concerning this publication are to be sent to the publisher. The responsibility for facts, opinions and cross references to external sources in this publication rests exclusively with the contributors and their interpretations do not necessarily reflect the views or policies of the Konrad-Adenauer-Stiftung. Layout and Design Hotfusion 7 Kallang Place #04-02 Singapore 339153 www.hotfusion.com.sg CONTENTS Foreword 5 Ratana Som Evolution Or Revolution - 11 Social Media In Cambodian Newsrooms Edi Utama The Other Side Of Social Media: Indonesia’s Experience 23 Anisha Bhaduri Paper Chase – Information Technology Powerhouse 35 Still Prefers Newsprint Sherrie Ann Torres “Philippine’s Television Network War Going Online – 47 Is The Filipino Audience Ready To Do The Click?” Engelbert Apostol Maximising Social Media 65 Bruce Avasadanond Making Money From Social Media: Cases From Thailand 87 KY Pung Social Media: Engaging Audiences – A Malaysian Perspective 99 Susan Tam Social Media - A Cash Cow Or Communication Tool? 113 Malaysian Impressions Syed Nazakat Social Media And Investigative Journalism 127 Karen Yap China’s Social Media Revolution: Control 2.0 139 Michael Josh Villanueva Issues In Social Media 151 Social Media In TV News: The Philippine Landscape 163 Social Media For Social Change 175 About the Authors 183 Foreword ithin the last few years, social media has radically changed the media Wsphere as we know it. -
December 2020 Issue FILIPINO TIES SERVICES MIGRANT
THEFILIPINO TIES Message from the CFO Secretary Diaspora Philanthropy and the CFO COVID-19 UPDATES Lingkod sa Kapwa Pilipino Program P a g e 3 Through the Years #BayanihanKahitSaanMan: CFO P a g e 1 2 - 1 4 MIGRANT SERVICES Honors Overseas Filipinos Helping CFO's Anti-Trafficking Campaign Amidst Global Pandemic Goes Live Online P a g e 2 2 - 2 5 FilComs in Los Angeles, Seoul and Hawaii Connect with PH via CFO's P a g e 1 5 #FallenButNotForgotten: Online Ugnayan CFO Pays Tribute to Overseas CFO Reaches Out to FilCom in Filipino Frontliners Virtual Meeting with FilCom in Los Arizona P a g e 2 6 Angeles P a g e 1 6 P a g e 4 - 5 CFO Peso Sense Connects with Online Ugnayan with FilCom in South Overseas Filipinos Through "OFW LEGAL CORNER Korea Connect" Show P a g e 5 - 6 P a g e 1 7 Violence against Women and Strengthening Ugnayan with FilCom Children in Hawaii 2021 CFO Peso Sense Calendar P a g e 2 7 P a g e 6 Now Available P a g e 1 8 PAFIOO & MAM AWARDS Usapang Stateside Atbp. P a g e 7 - 8 EVENTSEVENTS CFO Releases Coffee Table Book Balitang Hapon: CFO Conducts PH Celebrates International in Honor of the 2019 MAM Awards First Virtual PDOS to Japan-Bound Migrants Day Amidst Global Winners Filipino Emigrants Pandemic P a g e 2 8 P a g e 9 P a g e 1 9 - 2 0 CFO Launches Virtual YouLeaD for Presidential Awards Nomination CFOCFO RRecertifiedecertified forfor ISOISO 9001:20159001:2015 Extended until 31 May 2021 Filipino-American Youth inin AllAll itsits ProcessesProcesses P a g e 1 0 - 1 1 P a g e 2 1 P a g e 2 9 - 3 0 EDITOR'S NOTE As we draw this year to a close, we look back at how the current pandemic has thrown a curve ball at all of us. -
Bowling for Burgers
SEPTEMBER 5 - 20, 2020 | VOL 34 NO 17 THE PULSE OF THE FILIPINO COMMUNITY SINCE 1987 BOWLING FOR BURGERS Le Burger Week 2020 is on! Two Filipino-inspired burgers are on the over 100 burger list to try. Uptown Alley on St Matthews is offering The Asian Style Beef Tapa Burger created by Filipino Chef Ben Fernandez while Moxie's Polo Park features Ube-by (Ooh Baby) Burger highlighting the purple ube bun. Le Burger Week runs September 1-7. So, if you are craving burgers, this is the perfect time to get your craving satisfied. SARAP TO THE BUN | 2, 3► Chef Ben Fernandez, Uptown Alley FilipinoJournal.com Photo courtesy: Uptown Alley KF's Filipinos to Watch Homeschooling amidst the Pandemic Femfest features Tita Collective Andi Eigenmann on the way COMMUNITY | 4► COMMUNITY | 5► COMMUNITY | 9► with baby #3 STARIRAY | 11► “The right time to plan is right now.” At the time of need or when planning ahead call Mila, your Kababayan in the business. Get organized now: Call our Planning Specialist and get a FREE Planning Kit: 204-996-2009 Glen Lawn Funeral Home & Cemetery Mila Mendoza Planning Specialist ZENY REGALADO by Arbor Memorial EVENT SALES MANAGER 204-982-7557 • glenlawn.ca Arbor Memorial Inc. CLIENT: Arbor Memorial BLEED: None DOCKET: D016327 TYPE SAFETY: 0.125” all around NAME: Glen Lawn Right Time to Plan COLOUR: 4 Colour Process AD SIZE: 3.35”w x 2”h 2 September 5 - 20, 2020 THE PULSE OF THE FILIPINO COMMUNITY SINCE 1987 Brazen Hall Kitchen and Brewery's Grand Pinoy Keso Burger was last year's first place Judges' Choice, celebrating the vibrant Filipino community Chef Ben with Rayneil Catungay and Thomeeh DeGuzman SARAP TO THE BUN: Filipino Flavours at Le Burger Week by Primrose Madayag Knazan Food Blog on Instagram and Facebook: Pegonaplate Tapa on a burger? Ube pandesal bun? Sawsawan be unique while offering beautiful presentation dip? These are a few of the creative ideas for and intriguing flavour. -
The Spectacle of Violence in Duterte's “War on Drugs”
Journal of Current Southeast Asian Affairs The Early Duterte Presidency in the Philippines Reyes, Danilo Andres (2016), The Spectacle of Violence in Duterte’s “War on Drugs”, in: Journal of Current Southeast Asian Affairs, 35, 3, 111–137. URN: http://nbn-resolving.org/urn/resolver.pl?urn:nbn:de:gbv:18-4-10128 ISSN: 1868-4882 (online), ISSN: 1868-1034 (print) The online version of this article can be found at: <www.CurrentSoutheastAsianAffairs.org> Published by GIGA German Institute of Global and Area Studies, Institute of Asian Studies and Hamburg University Press. The Journal of Current Southeast Asian Affairs is an Open Access publication. It may be read, copied and distributed free of charge according to the conditions of the Creative Commons Attribution-No Derivative Works 3.0 License. To subscribe to the print edition: <[email protected]> For an e-mail alert please register at: <www.CurrentSoutheastAsianAffairs.org> The Journal of Current Southeast Asian Affairs is part of the GIGA Journal Family, which also includes Africa Spectrum, Journal of Current Chinese Affairs and Journal of Politics in Latin America: <www.giga-journal-family.org>. Journal of Current Southeast Asian Affairs 3/2016: 111–137 The Spectacle of Violence in Duterte’s “War on Drugs” Danilo Andres Reyes Abstract: This article argues that, in Duterte’s “war on drugs”, state power is exercised through the body in a spectacle of humiliation and violence. The analysis draws from the work of Foucault (1979) on the political value of a spectacle of the body to explain the distinctive character of Duterte’s violent war on drugs; of Feldman (1991) on the use of the body as an object in which violence is embodied to send political messages; of Agamben (1995) on eliminating life supposedly devoid of value; and on Mumford et al.