Lopezes, other insiders own ABS-CBN preferred shares

AS a media conglomerate, ABS-CBN Corp. (ABS-CBN), formerly ABS-CBN Broadcasting Corp., listed in a general information sheet (GIS) 38 companies which are either subsidiaries or affiliates. It has authorized capital stock consisting of 1.3 billion common shares with par value of P1 per share and 1 billion preferred shares with par value of P0.20 per […]

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Building the golden source of data

I’ve been working with data. Data set for most of my working life. Nothing is more difficult in this field than dealing with similar data coming from different sources managed over time by many different people. In information systems, this challenge is dealt with by establishing golden sources or authoritative sources of data. For instance, […]

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Legalized ‘jueteng’ a terrible idea

AS much as President Duterte resorts to “stream-of-consciousness bluster” as a policy-making tool, he doesn’t often propose a truly hare-brained idea. His suggestion last Friday that the popular illegal numbers game jueteng be legalized, however, is definitely an exception. Jueteng is a form of lotto. Despite occasional high-profile campaigns to curtail it, which at one […]

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Bear market period: Yes, but not just yet

I got involved into a big discussion over the weekend in what to make out of the market’s further fall last Friday. The market closed at 7,063.20, down by another 34.95 points or 0.49 percent. This was actually the smallest in the market’s total losses for the week of 466.34 points or 6.19 percent broken […]

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A worker’s long court battle against HMR

THE Supreme Court has ruled against HMR Trading House or HMR Philippines in a labor case it decided on August 4, 2014. G.R. No. 201483 was titled “Conrado A. Lim Vs. HMR Philippines, Inc. et al.” As suggested in the case title, HMR Philippines was not the only respondent. Also respondents were Teresa Santos-Castro, Henry […]

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Unido launches first PH program

The United Nations Industrial Development Organization (Unido) has launched its first country program for the Philippines on the occasion of a visit by the UN agency’s chief, the National Economic and Development Authority (NEDA) said on Friday. “The country program is proof of Unido’s continuing support for the Philippines and our common desire to achieve […]

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Value creation key to strong business

The funny thing about value is that it’s only obvious after the fact. Why do people and businesses spend so much effort promoting their worth? Often, the less there’s to promote, the harder it’s promoted. Overtime, the exercise becomes too expensive and unsustainable. Let’s look at businesses. There seem to be some that customers just […]

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Retained earnings not for preferred shareholders

STA. Lucia Land Inc. (SLI) disclosed in a posting on the website of the Philippine Stock Exchange its retained earnings of P3.727 billion as of March 31, 2018, up from P3.462 billion as of Dec. 31, 2017. Despite this, SLI common shares opened trading at P1.10 per common share, its session’s high and dropped to […]

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