MANILA, Philippines – The Philippine Stock Exchange (PSE) said Thursday that its latest revision of the composite Philippine Stock Exchange Index (PSEi) will see three stocks - diversified San Miguel Corp. (SMC), Security Bank Corp. (SECB) and broadcast company GMA Network Inc. (GMA7) – dropped from the roster of 30 companies comprising the bellwether index.
The three stocks will be replaced by construction, mining and property group DMCI Holdings Inc. (DMC), power generation company First Gen Corp. (FGEN) and conglomerate JG Summit Holdings Inc. (JGS), the bourse said.
The revisions to the PSEi and other sectoral indices will be implemented on Nov. 8.
The PSE's corporate services division said San Miguel was dropped from the PSEi as its free float level declined to 8.6 percent, below the minimum requirement of 10 percent. GMA Network and Security Bank failed to make it to the exchange's list of top 30 companies in terms of market capitalization, the division added.
The other requirements for inclusion on the PSEi is liquidity or average daily trading value of at least P5 million, tradability of at least 95 percent of total trading days and volume turnover ratio of at least 10 percent[/B].
The latest review covered a trading activity between July 1, 2009 and June 30, 2010. The next review will cover Jan. 1-Dec. 31, 2010 and will be implemented in May 2011.
Meanwhile, traders were reported to be positioning for impending changes to Philippine 30-company benchmark index PSEi's composition, with 3 stocks set to be replaced on Nov. 8.
Stocks set for inclusion rallied, with conglomerate JG Summit, +6.0% at P25.50, DMCI Holdings, +2.6% at new 52-week high of P36.85, power generation company First Gen, +2.3% at P13.76.
Stocks set to be dropped lost ground; diversified conglomerate San Miguel,, down 3.6% at P85, Security Bank, down 0.8% at P85.40 but still near top of 52-week trading range, while GMA Network, down 3.3% at P7.38. PSEi down 0.2% at 4276.02. (Dow Jones)
GMA Network ang nananatiling top-of-mind free-to-air TV station sa Mega Manila habang ang mga programa at talent ng GMA news and public affairs ang nakakuha ng mas mataas na credibility ratings kumpara sa kompetisyon, ayon sa quantitative survey ng AGB Nielsen Philippines nitong Setyembre.
Umabot sa 44.8% ng mga respondent sa Mega Manila ang nagsabing GMA ang top-of-mind free-to-air TV station, habang 43.7% lang ang bumoto para sa ABS-CBN.
Nasa 87% ng mga res*pondent ang regular na nanonood ng GMA, samantalang 60% lang ang sa ABS-CBN.
Isa rin ang GMA Network sa preferred stations ayon sa 74% ng res*pondents, samantalang 55.1% lang ang sa ABS-CBN.
Sa nasabing AGB Nielsen survey, nakakuha ng mas mataas na credibility rating ang GMA. Nasa 68.9% ang rating nito kumpara sa 45.7% ng kalaban.
Sinusuportahan nito ang resulta ng qualitative study ng GMA sa Metro Manila na nagsasabing patas, balanse, at panig sa katotohanan ang pagbabalita sa GMA, samantalang sinasabing biased ang ABS-CBN dahil sa umano’y interes sa pulitika at ilang negosyo.
May mga respondent din sa qualitative survey na nagsabing ang ilang news anchors o reporters ng ABS-CBN ay nasangkot na sa pulitika at kontrobersiya, na nakaapekto sa overall credibility ng istasyon.
Ayon sa AGB Nielsen study, nanguna ang personalities ng GMA News and Public Affairs pagdating sa appeal, credibility, competence, at interest to watch.
Si Jessica Soho ang nanguna sa listahan ng mga anchor at reporter pagda*ting sa appeal. Si Mike Enriquez ang tinuturing na pinaka-credible at si Mel Tiangco ang pinaka-competent at most interesting to watch.
Sina Arnold Clavio at Vicky Morales ay kabilang din sa top five news anchors sa lahat ng measured attributes.
Ang iba pang News and Public Affairs perso*nalities tulad nina Howie Severino, Pia Arcangel, Kara David at Rhea Santos ay kasama rin sa top 20 list.
Una rin ang GMA Network sa Corporate Social Responsibility ayon sa 83.5% ng respondent, habang 59% lang ang nagsabi nito para sa ABS-CBN. Pinapagtibay nito ang notable at sincere public service ng GMA.
Nanguna rin ang GMA Network sa overall appeal na kinumpirma ng 67.2% ng respondents, malayo sa 47.8% na nakuha ng ABS-CBN.
Nasa 71.3% ng respondents ang nagsabing mas innovative ang GMA, habang 52.5% ang nagkumpirma nito para sa ABS.
GMA-7 launching all-news channel
by Jenniffer B. Austria
Manila Standard Today
GMA Network Inc. is set to reprogram Q-TV Channel 11 into an all-news channel starting early next year to compete with ANC Channel 27 of rival ABS-CBN Broadcasting Corp.
Newly-installed GMA Network president Jaime Duavit said the reprogramming of Q-TV would make it the first free-to-air all-news channel in the country. ABS-CBN’s ANC Channel is part of the programs offered by cable companies.
Duavit said the reprogramming of Q-TV 11 would also prevent the cannibalization of the Channel 7 programs and mean lesser cost to the company.
Unlike the ANC Channel which is a 24-hour news and current affairs program, however, Q-TV 11 will be available from 6 in the morning until 12 midnight.
GMA Network has been providing programming for Channel 11, which is women-skewed, with a grid primarily designed according to the sector’s schedules and needs, through a co-production or block time agreement signed with ZOE Broadcasting Network in 2005.
GMA Network chairman and chief executive Felipe Gozon said he expected Q-TV to at least break even after its reprogramming.
GMA Network, which airs Channel 7 on free TV, last week reported that net income in the third quarter of the year fell 26 percent to P583 million from P788 million in the same period last year due to higher advertising rates and lower ratings during the period.
Airtime revenues dropped 12 percent to P3.049 billion in the third quarter. They comprised 92 percent of the company’s total revenues.
Despite the disappointing third-quarter figures, officials of the broadcasting firm expect the company to reach if not surpass the P3-billion net income target for the year.
Net profit of GMA Network in the first three quarters rose 6 percent to P2.272 billion from P2.149 billion on year. Revenues grew 8 percent to P10.876 billion while expenses went up 11 percent to P6.181 billion.
Revenues of Channel 7 climbed 7 percent to P9.262 billion while those of Q TV Channel 11 rose 10 percent to P346 million. International revenues rose 10 percent to P700 million while radio’s surged 73 percent to P443 million.
uuuyyyyy, WALA namang kinalaman ang post niya sa BUSINESS NEWS ng GMA7.
can we recommend the above entry for deletion.
business news is business news. and besides, there is a tv rating thread na. follow the rules
Weak ratings pull GMA’s net
GMA Network Inc. on Thursday announced that its third-quarter profit dropped by more than a fourth because of the boycott of its two major advertisers and weak program ratings. In a briefing, the broadcasting company said its net income from July to September fell 26 percent to P583 million from P788 million in the same period last year.
The company blamed the disappointing third-quarter earnings on the absence of political advertisements, a drop in program ratings and the implementation of new advertising rates.
GMA Network shares fell to P7.35 apiece on Thursday from P7.63 each on Wednesday.
BY DARWIN G. AMOJELAR
manilatimes.net/index.php/business-columns
Friday, 29 October 2010
The network (GMA-7), however, reported a 26% decline in net income for the third quarter
at P583 million, compared with P788 million in the same period last year.
Posted on 07:40 PM, November 12, 2010 ABS-CBN’s nine-month profits more than double
BROADCAST GIANT ABS-CBN Corp. reported a net income of P2.9 billion for the nine-month period that ended September, more than double from P1.3 billion in the same period last year as it sustained growth in regular advertising revenues.
In a statement on Friday, the company said consolidated revenues from January to September reached P24.7 billion, a 35% growth from a year ago. "Advertising revenues accounted for 68% of consolidated revenues, while consumer sales accounted for the remaining 32%. Net of non-recurring political advertising revenues, the contribution of consumer sales would be 35%," it said.
ABS-CBN said consolidated advertising revenues across all platforms and subsidiaries reached P16.9 billion, P6.2 billion or 58% higher than the P10.7 billion for the same period in 2009. Revenues from regular advertisers grew by P3.9 billion or 37% to P14.6 billion while non-recurring political advertising revenues carried over from the first semester amounted to P2.3 billion.
"Total advertising minutes sold by [flagship] Channel 2 from January to September jumped 46%. Advertising minutes sold to regular advertisers rose 36%, accounting for 93% of total minutes. Election-related advertising in the first semester contributed 7% of total minutes sold," the company said.
"Consumer sales reached P7.8 billion, posting an increase of P160 million or 2% from a year ago, mainly from the contributions of Skycable and ABS-CBN Global," it added.
ABS-CBN Global’s revenues rose by 8% year-on-year in US dollar terms but this growth slows to 3% in peso terms with the continued decline in value of the US dollar. "Strong double-digit subscriber growth in cable TV and IPTV subscriptions in Canada and in direct-to-home satellite subscriptions in Australia continued to drive growth in ABS-CBN Global’s overall viewer count by 7% year-on-year," the company said.
Cable operator Skycable reported a 10% hike in consolidated revenues from cable TV and broadband services, powered by a 77% increase in broadband service revenues.
"Total expenses in 2010 grew by P3 billion or 21% year-on-year to P17.4 billion, driven mostly by higher production costs and general and administrative expenses. Total production costs in the nine-month period of 2010 rose by P1.2 billion or 26% to P5.9 billion, as total programming hours of in-house produced primetime dramas, afternoon programs, and variety shows increased by 36% to meet viewer needs and advertiser demand," ABS-CBN said.
Rival GMA Network, Inc. earlier said it was on track toward reaching its year-end target of P3 billion in profits as it posted a net income of P2.272 billion from January to September, up by 6% from last year. The network, however, reported a 26% decline in net income for the third quarter at P583 million, compared with P788 million in the same period last year.
Shares in ABS-CBN closed lower at P54.80 apiece yesterday, from P55.30 on Thursday.
mas maganda ang current ratio ng GMA7 kaysa sa ABS CBN, as shown below.
Current Ratio
Provides an indication of the liquidity of the business by comparing the amount of current assets to current liabilities.
bonggadacious ang GMA7 kitang kita ang kakayahang na ma meet ang mga maturing oblications and debts. unlike other network, na kailangan pang mga REFINANCE ng existing debts para makabayad.
pero ang pnka-tanong... Anong Network ba ang no.1?
Anong Network ba ang No.1 pag-dating sa ratings Nationwide? (viewership)
Anong Network ba ang No.1 pagdating sa Revenue? (market)
"ABS-CBN ang mas tinatangkilik ng mas nakararaming Pilipino saan man sa Mundo"
at ng mga Advertisers as well.
---
I commend GMA sa kanilang Financial Performance sa ngyon.
pero tama lang na magimprove na ang kanilang Financials since mas nauna pa nga sila sa ABS-CBN. Ibig sabihin ngyon lang sila nagimprove? 60 years na? pano pa ngayon yan, nasa eksena na rin ang TV5.
ang ABS-CBN nasa maturity point na yan, hindi foreever nasa itaas.
pero ang malinaw pa rin sa ngayon, sila pa rin ang nanatiling hari at no.1 sa maraming aspeto.
Last edited by oedipus_07; Nov 16, 2010 at 10:08 AM.
IMO, mas realistic ang mga data at information na binibigay ng AGB kung para lang naman sa buisness decisions.
afterall, it's a bit iffy if you would base your decision on sample data that is so small with regards to the national tv ratings.
afterall, pag sinabing national, dapat milyon milyon ang involved. pero sa national ratings ng abs cbn at ng tns kantar, ganito lang ang mga kasama sa pagkuha ng sample:
IMO, mas realistic ang mga data at information na binibigay ng AGB kung para lang naman sa buisness decisions.
afterall, it's a bit iffy if you would base your decision on sample data that is so small with regards to the national tv ratings.
afterall, pag sinabing national, dapat milyon milyon ang involved. pero sa national ratings ng abs cbn at ng tns kantar, ganito lang ang mga kasama sa pagkuha ng sample:
alam mo ba sinasabi mo? kelan pa nagkaroon ng national survey sa Pilipinas na milyon-milyon ang involved? kahit nga agb, meron lang 58,000 HH globally and only 1840 HH in the Philippines
GMA Network Inc. REMOVED from the roster of elite listed firms
PSE Revamps Index, 3 Firms to Be Replaced
October 28, 2010
MANILA, Philippines – The Philippine Stock Exchange (PSE) said Thursday that its latest revision of the composite Philippine Stock Exchange Index (PSEi) will see three stocks - diversified San Miguel Corp. (SMC), Security Bank Corp. (SECB) and broadcast company GMA Network Inc. (GMA7) – dropped from the roster of 30 companies comprising the bellwether index.
The three stocks will be replaced by construction, mining and property group DMCI Holdings Inc. (DMC), power generation company First Gen Corp. (FGEN) and conglomerate JG Summit Holdings Inc. (JGS), the bourse said.
The revisions to the PSEi and other sectoral indices will be implemented on Nov. 8.
The PSE's corporate services division said San Miguel was dropped from the PSEi as its free float level declined to 8.6 percent, below the minimum requirement of 10 percent. GMA Network and Security Bank failed to make it to the exchange's list of top 30 companies in terms of market capitalization, the division added.
[xB]GMA Network Inc. REMOVED from the roster of elite listed firms[/B]
....]
to GMA7 followers, don't be dismay, it is only a ROSTER. that is the key word - - - roster.
what it means is that it is no longer included in the roster, but still, gma7 is one of the very productive company, delivering a high quality results for your investments. as I have pointed out previously, return on investment at gma7 is at 20%, compared to 17% of abs cbn. That means, gma7 is 3% BETTER than abs cbn
afterall, pag sinabing national, dapat milyon milyon ang involved. pero sa national ratings ng abs cbn at ng tns kantar, ganito lang ang mga kasama sa pagkuha ng sample:
typical kapuso. hindi naiintindihan ang salitang STATISTICS.
Reply With Quote
Originally Posted by DongYano
kitang kita ang kakayahang na ma meet ang mga maturing oblications and debts. unlike other network, na kailangan pang mga REFINANCE ng existing debts para makabayad.
