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ABS should be a buy if it sells Sky Cable stake for >16 Billion Pesos

The loss of the right to operate a broadcasting network for failure to secure a congressional franchise should not have been an issue for ABS-CBN Corporation (ABS). Broadcasting and linear tv are declining industries and the future is curated digital content distribution and monetization, think of Netflix, Youtube, and TikTok. With its dominant and worldContinue reading “ABS should be a buy if it sells Sky Cable stake for >16 Billion Pesos”

PLDT (TEL) after shedding assets, buying Sky Cable from ABS?

Someone has said that in deal making, if you are a buyer pretend to be a seller and if you are a seller pretend to be a buyer. After Business World has reported that the Philippine Competition Commission (PCC) green-lit DMC Urban Property Developers, Inc.’s acquisition of Smart Towers, the Makati-based office building assets ofContinue reading “PLDT (TEL) after shedding assets, buying Sky Cable from ABS?”

ABS at the mercy of creditor banks

ABS-CBN Corporation (ABS) has finally submitted its first half 2020 (1H 2020) results. The results showed that it has the financial strength to continue its operations. It has cash, cash equivalents, and short-term investments of 18 Billion Pesos as of end of 1H 2020 while debts due in the next 12 months is only 0.5Continue reading “ABS at the mercy of creditor banks”