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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. -
GMA Films, Inc., Likewise Contributed to the Increase Our Company
Aiming Higher About our cover In 2008, GMA Network, Inc. inaugurated the GMA Network Studios, the most technologically-advanced studio facility in the country. It is a testament to our commitment to enrich the lives of Filipinos everywhere with superior entertainment and the responsible delivery of news and information. The 2008 Annual Report’s theme, “Aiming Higher,” is our commitment to our shareholders that will enable us to give significant returns on their investments. 3 Purpose/Vision/Values 4 Aiming Higher the Chairman’s Message 8 Report on Operations by the EVP and COO 13 Profile of the Business 19 Corporate Governance 22 A Triumphant 2008 32 GMA Network Studios 34 Corporate Social Responsibility 38 A Rewarding 2008 41 Executive Profile 50 Contact Information 55 Financial Statements GMA ended 2008 awash with cash amounting to P1.688 billion and free of debt, which enabled us to upgrade our regional facilities, complete our new building housing state-of-the-art studios and further expand our international operations. AIMING HIGHER THE CHAIRMAN’S MESSAGE Dear Fellow Shareholders: The year 2008 will be remembered for the Our efforts in keeping in step with financial crisis that started in the United States and its domino-effect on the rest of the world. The the rest of the world will further Philippine economy was not spared, and for the first time in seven years, gross domestic product improve our ratings and widen our (GDP) slowed down to 4.6%. High inflation, high reach as our superior programs will oil prices and the deepening global financial crisis in the fourth quarter caused many investors serious be better seen and appreciated by concerns. -
Papal Visit Philippines 2014 and 2015 2014
This event is dedicated to the Filipino People on the occasion of the five- day pastoral and state visit of Pope Francis here in the Philippines on October 23 to 27, 2014 part of 22- day Asian and Oceanian tour from October 22 to November 13, 2014. Papal Visit Philippines 2014 and 2015 ―Mercy and Compassion‖ a Papal Visit Philippines 2014 and 2015 2014 Contents About the project ............................................................................................... 2 About the Theme of the Apostolic Visit: ‗Mercy and Compassion‘.................................. 4 History of Jesus is Lord Church Worldwide.............................................................................. 6 Executive Branch of the Philippines ....................................................................... 15 Presidents of the Republic of the Philippines ....................................................................... 15 Vice Presidents of the Republic of the Philippines .............................................................. 16 Speaker of the House of Representatives of the Philippines ............................................ 16 Presidents of the Senate of the Philippines .......................................................................... 17 Chief Justice of the Supreme Court of the Philippines ...................................................... 17 Leaders of the Roman Catholic Church ................................................................ 18 Pope (Roman Catholic Bishop of Rome and Worldwide Leader of Roman -
Intellectual Property Center, 28 Upper Mckinley Rd
Intellectual Property Center, 28 Upper McKinley Rd. McKinley Hill Town Center, Fort Bonifacio, Taguig City 1634, Philippines Tel. No. 238-6300 Website: http://www.ipophil.gov.ph e-mail: [email protected] Publication Date < November 7, 2019 > 1 ALLOWED MARKS PUBLISHED FOR OPPOSITION .................................................................................................... 2 1.1 ALLOWED NATIONAL MARKS .............................................................................................................................................. 2 Intellectual Property Center, 28 Upper McKinley Rd. McKinley Hill Town Center, Fort Bonifacio, Taguig City 1634, Philippines Tel. No. 238-6300 Website: http://www.ipophil.gov.ph e-mail: [email protected] Publication Date < November 7, 2019 > 1 ALLOWED MARKS PUBLISHED FOR OPPOSITION 1.1 Allowed national marks Application No. Filing Date Mark Applicant Nice class(es) Number 21 July CHURCH & DWIGHT CO., 1 4/2015/00504035 L`IL CRITTERS 5 2015 INC. [US] 16 June Century Limitless Corporation 2 4/2017/00009341 AZURE 36; 37 and41 2017 [PH] 28 July ANASTASIA BEVERLY Anastasia Beverly Hills, Inc. 3 4/2017/00012023 3; 8; 16; 21 and41 2017 HILLS [US] 10 4 4/2017/00018309 November MAKEFREE Xurpas Inc. [PH] 9; 35 and42 2017 5 FUNKIDS KOPI JELO Pure Snacks Food House 5 4/2017/00019604 December 29 and30 COFFEE FLAVOR Corporation [PH] 2017 8 6 4/2017/00504284 November ICON TAN, JOHNSON [PH] 8 2017 23 7 4/2017/00504490 November FISH KING CHIONG, GIL B. [PH] 29 2017 23 8 4/2017/00504491 November CHIONG, GIL B. [PH] 29 2017 24 9 4/2017/00504525 November CRUMBLE NUTS G.F.I. Enterprises, Inc. [PH] 29 2017 7 February 10 4/2018/00002276 ARANETA CITY Araneta Center, Inc. -
Philippines in View Philippines Tv Industry-In-View
PHILIPPINES IN VIEW PHILIPPINES TV INDUSTRY-IN-VIEW Table of Contents PREFACE ................................................................................................................................................................ 5 1. EXECUTIVE SUMMARY ................................................................................................................................... 6 1.1. MARKET OVERVIEW .......................................................................................................................................... 6 1.2. PAY-TV MARKET ESTIMATES ............................................................................................................................... 6 1.3. PAY-TV OPERATORS .......................................................................................................................................... 6 1.4. PAY-TV AVERAGE REVENUE PER USER (ARPU) ...................................................................................................... 7 1.5. PAY-TV CONTENT AND PROGRAMMING ................................................................................................................ 7 1.6. ADOPTION OF DTT, OTT AND VIDEO-ON-DEMAND PLATFORMS ............................................................................... 7 1.7. PIRACY AND UNAUTHORIZED DISTRIBUTION ........................................................................................................... 8 1.8. REGULATORY ENVIRONMENT .............................................................................................................................. -
Real Life Revisited on GMA Life TV to Be a Winner in This Adventure Sport
The ratings are out and the results are astoundingly clear-your GMA’s newly-launched primetime series Iglot starred by Claudine Kapuso Network GMA 7 leads the way among local channels once Barretto and new child star Milkcah Wynne Nacion delivers an again in the race towards the topmost spot! impressive debut performance vis-à-vis the competition’s 100 Days to Heaven. Respected and recognized ratings service provider Nielsen TV Audience Measurement recently came out with the August data (August 28 to 31 based on overnight ratings), and the outcome Afternoon Wins In the afternoon block (12nn to 6pm), GMA maintained its edge favors GMA by a 4.1 point margin over its longtime rival ABS-CBN, over ABS-CBN nationwide. The recently launched Pahiram ng which has a 30.9 standing. Meanwhile, despite its aggressive Isang Ina, billed by Carmina Villarroel, Bea Binene, Jake Vargas, marketing, TV5 capped off the month with 16.1 share points. and Maxene Magalona, upheld the winning performance made by Kylie Padilla’s Blusang Itim. Let the Numbers Talk The lead of 4.1 points means that GMA had almost 155,000 more Overall, for the month of August, GMA’s afternoon programs TV households from all over the country watching its shows. scored 41.5 household share points nationwide, ahead of ABS- Using an assumption of five viewers per household, the lead CBN’s 24.8, and TV5’s 15.4. would translate to GMA having about 774,000 more viewers over ABS-CBN. Compared to TV5, GMA had about 709,000 more TV The gap of 16.7 points over ABS-CBN means that more than households or an estimated advantage of roughly 3.5 million more 634,000 households and more than 3.1million more viewers viewers. -
Securities and Exchange Commission Sec Form 17-C
C05093-2020 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Jul 22, 2020 2. SEC Identification Number 5213 3. BIR Tax Identification No. 000-917-916 4. Exact name of issuer as specified in its charter GMA Network, Inc. 5. Province, country or other jurisdiction of incorporation Philippines 6. Industry Classification Code(SEC Use Only) 7. Address of principal office GMA Network Center, EDSA corner Timog Avenue, Diliman, Quezon City Postal Code 1103 8. Issuer's telephone number, including area code (632) 8982-7777 9. Former name or former address, if changed since last report - 10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Preferred Shares 7,499,507,184 Common Shares 3,361,047,000 11. Indicate the item numbers reported herein - The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party. GMA Network, Inc. GMA7 PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules Subject of the Disclosure Clarification of News Report Source Inquirer.net Subject of News Report "GMA Network slashses 2020 spending" Date of Publication Jul 22, 2020 Clarification of News Report We write with respect to the attached news article entitled “GMA Network slashes 2020 spending” posted in Inquirer.net on July 22, 2020. -
February 19, 2011 February 15, 2014
februarY 15, 2014 hawaii filiPino ChroniCle 1 ♦ FEBRUARY 15,19, 20142011 ♦ OPINION HAWAII-FILIPINO NEWS LEGAL NOTES Driverless Cars? ConGen torres, maYor hints of Possible Yes, almost Just CalDwell leaD traDe ComPromise on arounD the Corner mission to the PhiliPPines immiGration PRESORTED HAWAII FILIPINO CHRONICLE STANDARD 94-356 WAIPAHU DEPOT RD., 2ND FLR. U.S. POSTAGE WAIPAHU, HI 96797 PAID HONOLULU, HI PERMIT NO. 9661 2 hawaii filiPino ChroniCle februarY 15, 2014 EDITORIALS FROM THE PUBLISHER or hopeless romantics, February Publisher & Executive Editor The Mega Rich as 14th is one of the most antici- Charlie Y. Sonido, M.D. pated days of the year. It’s a day Publisher & Managing Editor Role Models that’s set aside to celebrate the Chona A. Montesines-Sonido ill Gates and Warren Buffet are household names in powerful human emotion called Associate Editors F love. When you think about it, Dennis Galolo the U.S. The multi-billionaires are rich, powerful and we should be showing our love Edwin Quinabo influential. But how many of us know of the late to those closest to us every day and not just Corliss Lamont, a Harvard graduate born of Wall Contributing Editor on special occasions like Valentine’s. On that note, Happy Belinda Aquino, Ph.D. Street wealth who championed the causes of poor B Valentine’s Day to all of you! Creative Designer people his entire life? Or Maud Younger (1870- Our cover story for this issue—“The 10 Wealthiest People Junggoi Peralta 1936), who despite coming from a wealthy family in San Francisco, in the Philippines” according to Forbes Magazine, was written worked for five years as a waitress to learn about working class Photography by our Philippine correspondent Gregory Garcia. -
As of August 27Th COUNTRY COMPANY JOB TITLE
As of August 27th COUNTRY COMPANY JOB TITLE AFGHANISTAN MOBY GROUP Director, channels/acquisitions ALBANIA TVKLAN SH.A Head of Programming & Acq. AUSTRALIA AUSTRALIAN BROADCASTING CORPORATION Acquisitions manager AUSTRALIA FOXTEL Acquisitions executive AUSTRALIA SBS Head of Network Programming AUSTRALIA SBS Channel Manager Main Channel AUSTRALIA SBS Head of Unscripted AUSTRALIA SBS Australia Channel Manager, SBS Food AUSTRALIA SBS Television International Content Consultant AUSTRALIA Special Broadcast Service Director TV and Online Content AUSTRALIA SPECIAL BROADCASTING SERVICE CORPORATION Acquisitions manager (unscripted) AUSTRIA A1 TELEKOM AUSTRIA AG Head of Broadcast & SAT AUSTRIA A1 TELEKOM AUSTRIA AG Broadcast & SAT AZERBAIJAN PUBLIC TELEVISION & RADIO BROADCASTING AZERBAIJAN Director general COMPANY AZERBAIJAN PUBLIC TELEVISION & RADIO BROADCASTING AZERBAIJAN Head of IR COMPANY AZERBAIJAN PUBLIC TELEVISION & RADIO BROADCASTING AZERBAIJAN Deputy DG COMPANY AZERBAIJAN GAMETV.AZ PRODUCER CENTRE General director BELARUS MEDIA CONTACT Buyer BELARUS MEDIA CONTACT Ceo BELGIUM NOA PRODUCTIONS Ceo ‐ producer BELGIUM PANENKA NV Managing partner RTBF RADIO TELEVISION BELGE COMMUNAUTE BELGIUM Head of Acquisition Documentary FRANCAISE RTBF RADIO TELEVISION BELGE COMMUNAUTE BELGIUM Responsable Achats Programmes de Flux FRANCAISE RTBF RADIO TELEVISION BELGE COMMUNAUTE BELGIUM Buyer FRANCAISE RTBF RADIO TELEVISION BELGE COMMUNAUTE BELGIUM Head of Documentary Department FRANCAISE RTBF RADIO TELEVISION BELGE COMMUNAUTE BELGIUM Content acquisition -
TRULY GLOBAL Worldscreen.Com *LIST 1214 LIS 1006 LISTINGS 11/21/14 2:28 PM Page 2
*LIST_1214_LIS_1006_LISTINGS 11/21/14 2:27 PM Page 1 WWW.WORLDSCREENINGS.COM DECEMBER 2014 ATF EDITION TVLISTINGS THE LEADING SOURCE FOR PROGRAM INFORMATION TRULY GLOBAL WorldScreen.com *LIST_1214_LIS_1006_LISTINGS 11/21/14 2:28 PM Page 2 Asia TV Forum Exhibitor Directory 108mediacorp F23 Ed-Online D10 NBCUniversal Suite 5003 9 Story Media Group M11 Eight Front C10 Nelvana G33 9ers Entertainment KOFIC Electric Circus M10 Next Media Animation C10 A+E Networks J20 Emus Intl. F28 NHC Media M10 A&B Film Enterprises C10 Endemol K26 NHK A10 AB International TVFI Eros International J22 nineplanners L10 ABC Commercial C31 Escalade D10 Nippon Animation A10 ABS-CBN International Distribution J21 Escapade Media C31 Nippon TV A10 Active TV MDA Everyshow L10 Niubizi MDA Advent Media MDA Excellent Pictures D10 Novovision TVFI Akanga Film MDA Fantawild E31 NPO Sales F33 Alfred Haber Distribution G30 FCCE D32 Oak 3 Films MDA all3media international K27 Fighting Spirit TVFI Off the Fence G22 Alpha Animation B10 Film.UA M24 Omens Studios MDA Ampersand TVFI Filmat36 MDA One Animation MDA Animasia D10 Finnanimation D35 Only Lifestyle TVFI Animonsta D10 FINAS D10 Oxygen Film C10 Ankama TVFI Fixed Stars E24 Papahan Films MDA Antares MDA Flame Distribution J32 Paramount Pictures K25 Anyzac M10 Formosa Television E24 PGS HK J17 Applicaster MDA Fortune Star F24 Phoenix Satellite Television E27 Arirang L10 France TV Distribution TVFI Picto Studio M10 ARTE TVFI Fuji TV D20/A10 Pilgrim Pictures MDA Asahi A10 GAD TVFI Pixtrend M10 Asatsu-Dk A10 Gaumont Animation TVFI Primeworks Studios D10 Asia Media Group E24 Gaumont Intl. -
Securities and Exchange Commission Sec Form 17-C
C04504-2020 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Jun 29, 2020 2. SEC Identification Number 5213 3. BIR Tax Identification No. 000-917-916 4. Exact name of issuer as specified in its charter GMA Network, Inc. 5. Province, country or other jurisdiction of incorporation Philippines 6. Industry Classification Code(SEC Use Only) 7. Address of principal office GMA Network Center, EDSA corner Timog Avenue, Diliman Quezon City Postal Code 1103 8. Issuer's telephone number, including area code (632) 8982-7777 9. Former name or former address, if changed since last report - 10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Preferred Shares 7,499,507,184 Common Shares 3,361,047,000 11. Indicate the item numbers reported herein - The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party. GMA Network, Inc. GMA7 PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C) Section 4.4 of the Revised Disclosure Rules Subject of the Disclosure GMA Network unveils ‘GMA Affordabox’ on its 70th anniversary Background/Description of the Disclosure GMA Network unveils ‘GMA Affordabox’ on its 70th anniversary For its 70th anniversary celebration, the country’s leading and largest broadcast firm GMA Network, Inc. -
Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
C02893-2016 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) May 19, 2016 2. SEC Identification Number 5213 3. BIR Tax Identification No. 000-917-916 4. Exact name of issuer as specified in its charter GMA Network, Inc. 5. Province, country or other jurisdiction of incorporation Philippines 6. Industry Classification Code(SEC Use Only) 7. Address of principal office GMA Network Center, EDSA corner Timog Avenue, Diliman, Quezon City Postal Code 1103 8. Issuer's telephone number, including area code (632) 982-7777 9. Former name or former address, if changed since last report - 10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Preferred Shares 7,499,507,184 Common Shares 3,361,047,000 11. Indicate the item numbers reported herein - The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party. GMA Network, Inc. GMA7 PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules Subject of the Disclosure Clarification of News Report Source Manila Bulletin (Internet Edition) Subject of News Report “GMA investing up to P1.5B to go digital” Date of Publication May 18, 2016 Clarification of News Report We write with respect to the attached news article entitled “GMA investing up to P1.5B to go digital” posted in Manila Bulletin (Internet Edition) on May 18, 2016.