Business News - GMA Network

[jayR_]

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..

mb.com

[missOrsolaOkra]

Business News:

For the period Jan to Sep 2010, GMA7 incurred only P578,363 in total for its interest expense and financing charges on short-terms loans.

Whilst rival network ABS CBN, for the same period, incurred a total of P201,304,000 (finance costs). This is one of the reason why ABS CBN has to negotiate for a NEW syndicated loan of P10 billion this year, to refinance and pay some of its existing current debts.

[mstakn_identity]

Business News:

For the period Jan to Sep 2010, GMA7 incurred only P578,363 in total for its interest expense and financing charges on short-terms loans.Whilst rival network ABS CBN, for the same period, incurred a total of P201,304,000 (finance costs). This is one of the reason why ABS CBN has to negotiate for a NEW syndicated loan of P10 billion this year, to refinance and pay some of its existing current debts.

may utang rin pala gma, at may financing din

[missOrsolaOkra]

For the period Jan to Sep 2010, GMA7's interest income from short-term investments ended higher by 44% to P63 million due to higher interest rates and higher average monthly placement this period.

[sex_appeal]

nyenyenyenyenyenye, asar.. talo! nyenyenyenyenyenye! bagsak.. negosyo!

[DongYano]

PSE Revamps Index, 3 Firms to Be Replaced

GMA Network Inc. (GMA7) – dropped from the roster of 30 companies comprising the bellwether index.

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.

mb.com.ph
October 28, 2010

===============================


Market capitalization

The sum derived from the current stock price per share times the total number of shares outstanding. Although the market cap of a company is an indication of the value of the company, it is only a temporary metric based on the current stock market. The true value of the company (its profits, product positioning, balance sheet, etc.) may not be reflected in the market cap. Of course, the perfect example occurred during the dot-com explosion of the late 1990s, when the market caps of many companies that never made a dime in profit rose to astronomical heights. Conversely, a company can be doing well, but still have a low market cap if its products and reputation have not caught the fancy of the masses.

http://www.answers.com/topic/market-capitalization

[missOrsolaOkra]

GMA Network remains on track going into the last stretch of the year, RISING UP to the challenge post election-period.

For the 9 months period this year, GMA Netwrok top line is 8% higher than comparative period in 2009.

Airtime reveneuws from all platforms were ahead of last year's performance.

In the same manner, subscription revenues from international operations posted double digit growqth from a year ago due to a higher subscriber basse, providing top line growth.

[DongYano]

However, GMA reported a 26 percent drop in net earnings in the third quarter on lower revenues as a result of weakened ad spending by major advertisers.

Net income from July to September this year fell to P583 million, its lowest level in the last three years and a 26 percent decline from the P788 million recorded in the same period in 2009. Revenues decreased by 10 percent to P3.31 billion from P3.69 billion.

By Zinnia B. Dela Peña
Business, The Philippine Star
October 29, 2010

[missOrsolaOkra]

GMA shares were trading yesterday at more than P7. A wise investment for potential investors since the price is very much affordable and provides a very good return of equity.

[bagtitako]

ABS-CBN biggest winner at 24th Star Awards for TV


By Marinel R. Cruz
Philippine Daily Inquirer
First Posted 20:07:00 11/16/2010

Filed Under: Television, Awards and Prizes


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Close this MANILA, Philippines—ABS-CBN brought home the biggest number of awards, including the Best Station honor, during the 24th Philippine Movie Press Club (PMPC) Star Awards for Television ceremony held early Sunday morning.

The Kapamilya network reaped 29 awards, compared to rival channel GMA 7 winning only 13, in the three-hour show that began at 10 p.m. on Saturday night at the Newport Performing Arts Theater in Resorts World Hotel, Pasay City.

The major winners are:

Best Drama Actress, Maricel Soriano, “Florinda,” (ABS-CBN); Best Drama Actor, Dingdong Dantes, “Stairway to Heaven” (GMA 7);

Best Single Performance by an Actress, Gretchen Barretto, “Maalaala Mo Kaya” (ABS-CBN); Best Single Performance, Gerald Anderson, “Maalaala Mo Kaya” (ABS-CBN);

Best Female TV Host, Toni Gonzaga, “ASAP XV” (ABS-CBN); Best Reality Show Host, “PBB Double Up,” Toni Gonzaga (ABS-CBN); Best Musical Variety Show, “ASAP XV” (ABS-CBN);

Best Male TV Host, Joey de Leon, “Eat… Bulaga!” (GMA 7); Best Drama Series, “The Eva Castillo Story” (GMA 7);

Best Variety Game Show, “Wowowee” (ABS-CBN); Best Comedy Actress, Angelica Panganiban, “Banana Split” (ABS-CBN); Best Gag Show, “Banana Split” (ABS-CBN);

Best Comedy Actor, Ogie Alcasid, “Bubble Gang” (GMA 7); Best Comedy Show, “Show Me the Manny” (GMA 7);

Hall of Fame for Best Showbiz-Oriented Program Male Host, Boy Abunda (ABS-CBN); Best Showbiz Oriented Program, “The Buzz” (ABS-CBN);

Best Talent Search Program, “Showtime” (ABS-CBN); Best Talent Search Program Hosts, Luis Manzano and Billy Crawford, “Pilipinas Got Talent” (ABS-CBN); Best Showbiz-Oriented Program Female Host, Bianca Gonzales, “E-Live” (ABS-CBN);

Best Male Newscasters, Julius Babao, “TV Patrol World,” (ABS-CBN) and Daniel Razon, “Ito Ang Balita” (UNTV 37); Karen Davila, Best Female Newscaster, “TV Patrol World” (ABS-CBN); Best News Program, “TV Patrol World” (ABS-CBN);

Best Morning Shows, “Umagang Kay Ganda” (ABS-CBN) and “Good Morning Kuya” (UNTV 37);

Best Public Affairs Program, “Bottomline” (ABS-CBN); Best Public Affairs Program Host, Boy Abunda, “Bottomline” (ABS-CBN); Best Educational Program Host, Kim Atienza, “Matanglawin” (ABS-CBN); Best Educational Program, “Matanglawin” (ABS-CBN);

Best Magazine Show, “Kapuso Mo, Jessica Soho” (GMA 7); Best Magazine Show Host, Jessica Soho, “Kapuso Mo, Jessica Soho” (GMA 7);

Best Public Affairs Program Host, Vicky Morales, “Wish Ko Lang” (GMA 7); Best Public Affairs Program, “Bitag” (UNTV 37); Best Documentary, “I-Witness” (GMA 7);

Best Game Show Host, Vic Sotto, “Who Wants To Be A Millionaire” (TV5); Best Youth-Oriented Program, “LipGloss” (TV5);

Best Travel Show, “Balikbayan” (QTV 11); Best Travel Show Host, Drew Arellano, “Balikbayan” (QTV 11); Best Lifestyle Show Host, Ricky Reyes, “Life and Style” (QTV 11);

Best Celebrity Talk Show, “Spoon” (Net 25); Best Celebrity Talk Show Host, Janice de Belen, “Spoon” (Net 25);

Excellence in Broadcasting, Cheche Lazaro, “Probe” (ABS-CBN); Ading Fernando Lifetime Achievement Award, Antonio P. Tuviera, “Eat… Bulaga!” (GMA 7).

[DongYano]

Stock Information - Stock Fundamentals

GMA Network, Inc. - GMA7 (Common)

November 17, 2010
Current Price: 7.25
Previous Php 7.30
52-Week High 8.10
52-Week Low 5.60

http://www.gmanetwork.com/fundamentals

[missOrsolaOkra]

GMA stock yesterday opened at 7.29, high record at 7.30, and low at 7.20, with a volume of 129800.

excellent, expected return on equity at 28%, kayang kaya sa bulsa at affordable ang stock price.

[rieker]

At present, the big 3 television networks cost billions, with the newest major player TV5 costing MVP nearly P5 billion for 70% of the company. ABS-CBN is worth P41.6 billion while GMA Network is around P24.2 billion.

[PaPi2010]

Ex-GMA exec, 5 others face syndicated estafa raps

By Julie M. Aurelio
Philippine Daily Inquirer
First Posted 23:05:00 11/16/2010

MANILA, Philippines—A former GMA Network official and five others are facing a complaint in the Quezon City Prosecutor’s’ Office for allegedly pocketing P37 million in unauthorized commissions from an advertiser.

Fifty-eight counts of syndicated estafa were filed against Corazon Guison, a former GMA top executive and five officials of Silver Trumpets & Company, a marketing arm for television program producers that sells broadcast advertising spots.

The other respondents were: Noemi Cortez-Peji, Michaela Cortez, Angelito Pangilinan, Ma. Luz Pangilinan and Ma. Brenda Celiz, all incorporators, stockholders and directors of the firm.

The complaint was filed by Carolina Villegas, president of Herbs and Nature Corp, with a business address in Cubao, Quezon City.

Villegas alleged that the respondents collected unauthorized commissions amounting to P37,777,550.49 from GMA Network from January 2007 to April 2009.

She added that she launched an aggressive ad campaign to promote their products, and used GMA for its TV and radio advertisements beginning in 2002.

The complainant said HNC dealt with Guison, GMA’s authorized representative, to handle her company’s account to advertise its product with the network.

Villegas added that Guison made it clear that HNC’s account with GMA was a direct account and that there was no agency or broker’s commission involved in booking the ads.

The complainant said she and Guison became good friends in the course of the transaction.

In August 2004, long after the bookings were closed with Guison, Villegas said the respondents conspired to “induce and sweet talk” her into coursing HNC’s ads through Silver Trumpets & Co. Inc. to help Guison lessen her tax liabilities.

Villegas said she was assured that the appointment of Silver Trumpets as HNC’s authorized broker or advertising agency, would be for “records and tax purposes only.”

The complainant added that in HNC’s transaction with GMA, Guison allegedly did not furnish her with billing invoices, but with official receipts and a certificate of performance only upon demand

[missOrsolaOkra]

For those interested in buying shares of stocks of GMA7, to find out more information on how or where shares are sold, please visit PSE website

http://www.pse.com.ph/html/Investing...sting_pse.html

[mstakn_identity]

for those interested in losing their money to "estafadoras", advertise with gma

[PaPi2010]

PEP scoopbox
November 20, 2010

May lumalakas na ingay mula sa bakuran ng Kapuso network. Heads are rolling daw doon. Ang balita pa ay sa executive department nangyayari ang sibakan. True? about 7 hours ago

[missOrsolaOkra]

GMA Network, QTV, and Kapuso Foundation open Noel Bazaar and Christmas Shop Expo on Nov. 24 to 29 and on Dec. 18 to 23 at the World Trade Center.

The Noel Bazaar Series will continue to benefit the GMA Kapuso Foundation, Bantayog ng mga Bayani Foundation, Associate Missionaries of Assumption, and Gifts and Graces Foundation, while adding two new beneficiaries to its roster – the Noel P. Gozon Memorial Clinic and the Sts. Peter and John Parish.

This year’s Noel Bazaar is also supported by WLS-FM, DZBB, Foreign Post, Summit Publishing, Entrepreneur Magazine, China Business Philippines, La Salle College International, Mega Sardines, and Magic Therapy Pack.

The Noel Bazaar Series is now fully booked for vendor and merchant applications. For other information, e-mail them at noelbazaars@gmail.com or cut@pldtdsl.net.

[pepeHugo]

Magandang balita para sa mga sharesholders/stockholders dahil GMA Network will pay dividends this 8 December 2010.

Ang GMA Network lang ang network ng bansa na naka afford na magbigay ng dividends twice this year. Kahit ang ibang higanteng network, hindi kinaya ang powers ng Kapuso.

Magiging maganda ang pasko ng mga stockholders ng GMA Network dahil mayroon silang mare receive na dividends pay bago magPASKO!
Sa GMA7 tuloy tuloy ang pasko mo, maganda at enjoy na enjoy ka pa, court case free!

Congratulations sa mga recipients ng dividends pay, bonggadacious ang Christmas nila, sure na sure na!

And my “congratulations” is not subject in any way of any copyright infringement case!

[pepeHugo]

In a disclosure, GMA Network said FLG Management and Development Corp., named after the initials of the television station’s chairman, Felipe L. Gozon, had acquired a total of 3.77 million shares of the network.

The shares were acquired from November 23 to 25. The most expensive of the purchases was for 100,000 shares at P7.24 each. The cheapest involved 25,000 shares, bought for P6.81 apiece.

These shares were valued at P26.44 million based on the company’s closing share price of P7 on Friday. This is 17.65 percent below the company’s share price of P8.50 on the day of its initial public offering (IPO) in 2007.

As of the end of the third quarter, prior to these purchases, FLG Management and Development held 12.88 million GMA Network shares, or a stake of 0.38 percent.

A similarly named company, FLG Management & Development Corp., which is also owned by Gozon, holds 656 million shares, or 19.5 percent, of GMA Network.

“Gozon is just signaling to investors that his company’s stock is still fairly undervalued and that people should buy it,” Jose Mari Lacson of brokerage firm Campos Lanuza & Co. said.


http://business.inquirer.net/money/t...network-stocks