GTMEY News and Press, Globe Telecom Inc ADR From 09/03/21

Globe Telecom’s stock has a 1-month price return of +45.40%. I am still endorsing it as a buy. Globe Telecom hiked its 2021 capex to $1.52 billion. Globe Telecom recently got $260 million bank loans from Bank of the Philippine Islands and Metropolitan Bank & Trust Compa...

AVIA Announces New Board Members and New Board Chair for 2021 SINGAPORE, Dec 11, 2020 - (ACN Newswire) - Following the recent Annual General Meeting of the Asia Video Industry Association (AVIA), four new members have joined the Board of AVIA and a new Chairman has been electe...

Elevator Pitch I maintain a Bullish rating on Philippines-listed telecommunications company Globe Telecom ( OTCPK:GTMEY ) ( OTCPK:GTMEF ) [GLO:PM]. This is an update of my prior article on Globe Telecom published on June 2, 2020. Globe Telecom's share price has declined by -8% from PH...

Elevator Pitch I maintain my "Bullish" rating on Philippines-listed telecommunications company Globe Telecom ( OTCPK:GTMEY ) ( OTCPK:GTMEF ) [GLO:PM]. This is an update of my prior article on Globe Telecom published on February 11, 2020. Globe Telecom's share price has increased by +13% ...

Elevator Pitch I maintain my "Bullish" rating on Philippines-listed Globe Telecom ( OTCPK:GTMEY ) ( OTCPK:GTMEF ) [GLO:PM]. Globe Telecom is still cheap trading at mid single-digit forward EV/EBITDA, with concerns regarding the third operator priced in. Moreover, Dito Telecommunity's commerc...

Elevator Pitch Philippines-listed Globe Telecom ( OTCPK:GTMEY ) ( OTCPK:GTMEF ) [GLO:PM] is one of the two telecommunications companies operating in a duopoly in the Philippines, the other industry player is PLDT Inc. ( PHI ) ( OTCPK:PHTCF ) [TEL:PM]. Globe Telecom trades at 4.8 times cons...

Elevator Pitch Philippines-listed Globe Telecom ( OTCPK:GTMEY ) ( OTCPK:GTMEF ) [GLO:PM] trades at 5.2 times consensus forward FY2020 EV/EBITDA and offers a 4.6% dividend yield based on its share price of PHP1,960 as of August 7, 2019. Although the incumbent telecommunications services o...