Now Corporation (NOW) is a company engaged in the business of technology, media, and telecommunication. As of March 31, 2020, its significant stockholders were Velarde, Inc. a Filipino corporation with direct 21.28% stake and Top Mega Enterprises Limited a corporation with Chinese nationality with a 20.39% stake. But as of June 30, 2020 Velarde, Inc.’sContinue reading “NOW may be NEVER as CNVRG backer cashes out stake”
Tag Archives: Now
NOW beats DITO in a PE battle
Recently, DITO CME Holdings Corp. (DITO) and Now Corporation (NOW) are two companies that registered as among the most actively traded shares in the local bourse. They even caused slowdowns in the platform of some online brokerages. Both have connections to telecom players. DITO CME Holdings Corp. (DITO) linked to 3rd Telco DITO CME HoldingsContinue reading “NOW beats DITO in a PE battle”
PLDT (TEL) accumulating debt, future cash dividend in grave danger with duopoly gone
TEL has been gradually accumulating debt. As of June 30, 2020 (1H 2020) total long-term debt of TEL is at 199.7 Billion Pessos. That is a significant 28.2% increase from 155.8 Billion Pesos as of the end of December 31, 2018. It can be remembered that on October 2019 TEL initiated a consent solicitation fromContinue reading “PLDT (TEL) accumulating debt, future cash dividend in grave danger with duopoly gone”