PLDT(PHI)

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PLDT(PHI) - 2024 Q3 - Quarterly Report
2024-11-12 11:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 November 12, 2024 PLDT INC. (Translation of registrant's name into English) Ramon Cojuangco Building Makati Avenue, Makati City Philippines (Address of registrant's principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐ ...
PLDT: Positive On Wireless Business Outlook And Digital Bank Turnaround
Seeking Alpha· 2024-10-03 12:56
Group 1 - The article emphasizes the focus on value investing in Asia, particularly targeting stocks with significant discrepancies between market price and intrinsic value, including deep value balance sheet bargains and wide moat stocks [1] - PLDT Inc. (NYSE: PHI) is highlighted as a stock with a Buy rating, with improved prospects for its wireless business due to a better competitive environment in the Philippine mobile services market [1] - The author provides investment ideas specifically for value investors interested in the Hong Kong market, focusing on deep value and high-quality businesses [1]
Here's Why 'Trend' Investors Would Love Betting on PLDT (PHI)
ZACKS· 2024-08-20 13:51
Core Viewpoint - The article emphasizes the importance of identifying and sustaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for maintaining stock momentum [1]. Group 1: Stock Performance - PLDT (PHI) has shown a solid price increase of 17.5% over the past 12 weeks, indicating strong investor interest [3]. - The stock has also increased by 12% over the last four weeks, suggesting that the upward trend is still intact [4]. - Currently, PHI is trading at 82.3% of its 52-week high-low range, indicating a potential breakout [4]. Group 2: Fundamental Strength - PHI holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 3: Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like PHI that are on an uptrend with strong fundamentals [2]. - It also mentions that there are over 45 Zacks Premium Screens available for investors to find potential winning stocks based on their investing style [7].
PLDT(PHI) - 2024 Q2 - Earnings Call Transcript
2024-08-17 06:54
Financial Data and Key Metrics Changes - Consolidated service revenues for the first half of 2024 reached 96.9 billion, a 3% increase year-on-year, with gross service revenues up by 4% [3] - Operating expenses grew by 1% to 43 billion, while consolidated EBITDA rose by 3% to 53.9 billion, achieving an EBITDA margin of 52% [3][9] - Telco core income, excluding asset sales impact, expanded by 3% to 18 billion [3][9] Business Segment Data and Key Metrics Changes - Individual business revenues grew by 4% to 41.9 billion, with mobile data accounting for 89% of total segment revenues, increasing by 8% year-on-year [4][5] - Enterprise segment recorded a 4% revenue increase to 24 billion, driven by corporate data and ICT, which grew by 7% [3][8] - Home segment revenues slightly declined by 1% to 30 billion, but fiber-only revenues increased by 7% to 1.8 billion [3][4] Market Data and Key Metrics Changes - The overall market for mobile revenues saw a slowdown, with industry growth dropping from 6%-7% in Q1 to 3%-4% in Q2, attributed to limited customer mobility and seasonal factors [20] - PLDT's fiber business achieved a 7% year-on-year growth, with fiber now representing 92% of Home revenues [6][7] Company Strategy and Development Direction - The company is focusing on operational efficiencies and cost rationalization, aiming for mid-single-digit top-line growth driven by data and broadband revenues [13] - PLDT is actively pursuing monetization plans for its data center business, with ongoing discussions for investment [19] - The company plans to maintain a 60% dividend payout while targeting a net debt-to-EBITDA ratio of 2.0 times [10][13] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2024, expecting continued growth in data and broadband revenues, with EBITDA anticipated to grow by mid-single-digit [13] - The company noted that Maya Bank is on track to achieve breakeven by December 2024, with significant improvements in losses [18][37] Other Important Information - PLDT's balance sheet remains healthy, with gross debt at 265.4 billion and an average interest cost of 4.9% [10] - The company reported a significant increase in fiber installations, with a 20% rise from May to June [6] Q&A Session Summary Question: Clarification on Maya Bank's cash flow positive status - Management confirmed that Maya Bank is cash flow positive but not the entire Maya entity, indicating profitability on a standalone basis [15][16] Question: Data center monetization plans - Ongoing discussions are in place for monetizing the data center business, with an agreement on valuation and share structure [19] Question: Slowdown in mobile revenues - Management attributed the slowdown to industry trends and seasonal factors, with expectations for recovery in Q3 [20] Question: Home broadband growth despite legacy business decline - The decline in legacy business is impacting overall performance, but fiber business is showing strong growth [22][23] Question: Prepaid fiber unit economics - The company is selectively rolling out prepaid fiber in areas with capacity, focusing on maximizing value from existing infrastructure [30][32]
What Makes PLDT (PHI) a New Buy Stock
ZACKS· 2024-08-15 17:06
Core Viewpoint - PLDT has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [4][6]. - For the fiscal year ending December 2024, PLDT is expected to earn $2.76 per share, reflecting a 2.2% increase from the previous year, with a 2.6% rise in the Zacks Consensus Estimate over the past three months [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - The upgrade of PLDT to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
PLDT(PHI) - 2024 Q2 - Quarterly Report
2024-08-13 10:16
August 13, 2024 PLDT INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 (Translation of registrant's name into English) Ramon Cojuangco Building Makati Avenue, Makati City Philippines (Address of registrant's principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐ SI ...
PHI Group, Inc. Announces Filing of Provisional Patent Application for Multi-Impulse Geomagnetic Energy Aiming to Provide Superior Solutions to Improve Energy Efficiency, Reduce Greenhouse Gas Emissions and Fight Climate Change.
GlobeNewswire News Room· 2024-06-25 13:45
Core Viewpoint - Philux Global Energy, Inc. is focused on commercializing energy-related products utilizing geomagnetic energy technology and has filed a provisional patent for the "Multi-Impulse Energy System" aimed at providing innovative energy solutions [10][6]. Group 1: Company Overview - Philux Global Energy, Inc. is a wholly-owned subsidiary of Philux Global Group, Inc., established to hold equity interests in energy-related acquisitions and partnerships [6]. - The company aims to develop and commercialize renewable energy products, particularly those leveraging geomagnetic energy technology and photon self-sustainable energy technology [6][15]. Group 2: Technology and Innovations - The "Multi-Impulse Energy System" offers several advantages, including independence from weather conditions, compact design, and no harmful emissions or noise [2]. - Core technologies include Schumann magnetic resonance and energy storage systems that utilize natural atmospheric energy, as well as the acceleration of Muon particles for energy transmission [11]. - The wireless distributed virtual power plant (WDVPP) allows for energy generation and distribution independent of traditional power factories, utilizing AI and IoT for energy management [12][13]. Group 3: Partnerships and Agreements - The company has signed agreements with SSE Group JSC to enhance energy efficiency and reduce greenhouse gas emissions through photon self-sustainable energy technology [15]. - Another agreement is in place with an inventor group to produce generators and engines powered by geomagnetic energy for various transportation modes [15]. Group 4: Vision and Goals - The company aims to revolutionize the energy industry by providing efficient energy solutions that contribute to reducing greenhouse gas emissions and combating climate change [14]. - Philux Global Group, Inc. is also involved in developing financial solutions and engaging in mergers and acquisitions to enhance long-term shareholder value [16].
PLDT(PHI) - 2024 Q1 - Earnings Call Transcript
2024-05-13 01:00
Financial Data and Key Metrics Changes - Consolidated service revenue for Q1 2024 grew by 3% year-on-year to 48.7 billion [6] - Consolidated EBITDA rose by 5% to 27.3 billion, with an EBITDA margin of 52% [6][22] - Telco core income, excluding asset sales impact, expanded by 8% to 9.3 billion [6][22] - Total cash operating expenses increased by 1% to 21.4 billion [6][15] - Net debt to EBITDA improved to 2.29x, better than the end of 2023 [23] Business Line Data and Key Metrics Changes - Individual or Mobile business revenue grew by 7% to 21.1 billion [7] - Enterprise segment revenue increased by 3% to 12.1 billion, with corporate data and ICT revenues up by 8% [7][14] - Home segment revenue remained stable at 15 billion, while Fiber revenues rose by 7% to 13.7 billion [7][12] Market Data and Key Metrics Changes - Mobile data revenues grew by 11%, with mobile data users increasing to 39.4 million [10][11] - Fiber-Only revenues accounted for 92% of Home segment revenues, with a 7% rise year-on-year [12] - The Enterprise segment's growth was driven by core connectivity and higher ICT revenues from cloud services [14] Company Strategy and Development Direction - PLDT aims to address unserved and underserved markets in home broadband, leveraging its integrated network [13] - The company is focused on operational efficiencies and cost management to improve profitability [15][33] - CapEx guidance for 2024 is set at 75 billion to 78 billion, with a commitment to reduce CapEx intensity over time [17][34] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2024, anticipating mid-single digit growth driven by data and broadband revenues [33] - The competitive landscape in the wireless space is intensifying, with a focus on service quality and customer relevance [38] - Management highlighted the importance of addressing customer needs and behavioral shifts in mobile data usage [39] Other Important Information - Total CapEx for Q1 2024 was 15.7 billion, with a CapEx intensity of 30% [17] - The company reported a share in losses from Maya of about 400 million, consistent with expectations for breakeven by late 2024 [16] - PLDT's balance sheet remains healthy, with gross debt at 257 billion, of which 15% is dollar-denominated [23] Q&A Session Summary Question: Can you characterize the competitive landscape in the wireless space? - Management noted increased competition in service quality and the need to remain relevant to customers [38][39] Question: Can you tighten the guidance for telco core income? - Management indicated that while they aim for north of 35 billion, seasonality of revenues must be considered [41][43] Question: Will PLDT be free cash flow positive before dividends in 2024? - Management suggested that it is likely to achieve free cash flow before dividends for the whole year [53] Question: What drove the increase in mobile data traffic in Q1? - The increase was attributed to a rise in installed devices, particularly 5G, and efforts to alleviate LTE congestion [65][66] Question: What is the rationale for the Radius acquisition? - The acquisition aims to leverage strategic synergies between PLDT and Radius to enhance customer experiences and operational efficiency [81] Question: Any updates on the data center sale? - Management discussed ongoing discussions with potential investors, emphasizing the importance of maintaining control over data centers [88][89]
PLDT(PHI) - 2023 Q4 - Annual Report
2024-03-27 11:52
Regulatory Filings - PLDT filed its 2023 Annual Report with the Philippine Securities and Exchange Commission on March 26, 2024, for the fiscal year ended December 31, 2023[13]. - The company also filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission on March 27, 2024[25]. - The filing of the Annual Report complies with the Securities Regulation Code and the PSE's Revised Disclosure Rules[11]. Company Overview - PLDT is the largest integrated telecommunications company in the Philippines, offering a wide range of services across its extensive fiber optic backbone and cellular networks[26]. - As of February 29, 2024, PLDT had 11,387 stockholders[20]. - PLDT is listed on the Philippine Stock Exchange (PSE: TEL) and the New York Stock Exchange (NYSE: PHI)[27]. - The company has one of the largest market capitalizations among Philippine-listed companies[27]. Sustainability and Services - The reports include a Sustainability Report, highlighting PLDT's commitment to sustainable practices[13]. - The company continues to expand its telecommunications and digital services across the Philippines[26]. - The Annual Report is available on PLDT's website, and shareholders can request hard copies free of charge[25].
PLDT(PHI) - 2023 Q4 - Annual Report
2024-03-27 00:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 – For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 – For the transition period from _________ to _________ OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 1 ...