Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  PHILIPPINE STOCK EXCHANGE, INC.  >  PLDT Inc    TEL   PHY7072Q1032

PLDT INC (TEL)
Mes dernières consult.
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

PLDT : to spend P46 billion next year

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 05:20pm CET

PLDT Inc. said its capital expenditure (capex) will hit at least P46 billion next year as the company works to improve its infrastructure. The amount is higher than the P38 billion in capex for the year.

PLDT Chairman Manuel V. Pangilinan, however, warns that the company's profitability will take until 2019 to recover as it spends over the next two years to boost its network. From this year through 2018, its profitability will be flattish to down, Pangilinan said.

'We're looking at P46 [billion] to P48-billion capex for 2018 or do we push it further than that because we want to have an affirmative response to the criticism being leveled at the industry that the services is lousy,' Pangilinan said in a news briefing on November 9. 'I think we can handle P46 billion out of our cash flow.'

PLDT, meanwhile, is hiking its core profit guidance this year after seeing positive financial results in the first three quarters, while also indicating plans to ramp up spending next year to further beef up its network.

'With two months to go before the end of the year, we have a firmer handle of what the full year results are likely to be. We raise our recurring core income guidance-before 'exceptionals'-to P22 billion, from P21.5 billion,' Pangilinan said.

PLDT's recurring core income, which excludes gains from asset sales, earnings before interest, tax, depreciation and amortization or Ebitda adjustments and related tax adjustments, posted a 5-percent year-on-year increase in the nine months ending September to P17.4 billion.

Consolidated core income for the period rose 7 percent to P23.2 billion. This includes gains from the sale of the company's shares in Beacon Electric (P6.9 billion) and SPi technologies (P1.4 billion).

(c) 2017 Business Mirror Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PLDT INC
02/18PLDT : fiber-fast internet coverage reaches 4 million homes passed in 2017
PU
02/12PLDT : Voyager and Go Negosyo launch SME e-commerce enablement program
PU
02/07PLDT : to return CURE frequencies ‘at no cost’
AQ
02/06PLDT : debuts innovative rewards program
PU
02/05PLDT : to spend PHP260bn over five years as it prepares for new competition
AQ
02/05FEBRUARY 5, 2018 : PLDT's clarification on Capex for 2018 - 2020 Read more
PU
02/04TO DELIVER WORLD-CLASS INTERNET AND : PLDT’s 5-year P260-B Capex Program ..
PU
02/03PLDT : Smart pick Amdocs for IT transformation
AQ
01/29Marginal gain lifts PSEi to new record
AQ
01/25PLDT : Gatchalian wants government to review right of telcos to workhorse spectr..
AQ
More news
News from SeekingAlpha
01/02PLDT Should See Stock Price Gains In 2018 
2017PHILIPPINES : China Telecom to challenge local duopoly 
2017Philippines courting competitors for domestic telecoms 
2017Philippines courts Chinese entry into domestic telecom market 
2017PLDT Inc. 2017 Q3 - Results - Earnings Call Slides 
Financials ( PHP)
Sales 2017 162 B
EBIT 2017 30 876 M
Net income 2017 24 371 M
Debt 2017 135 B
Yield 2017 4,74%
P/E ratio 2017 13,25
P/E ratio 2018 15,35
EV / Sales 2017 2,91x
EV / Sales 2018 2,80x
Capitalization 336 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 1 728  PHP
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Manuel Velez Pangilinan Chairman, President & Chief Executive Officer
Anabelle Lim-Chua Chief Financial Officer & Senior Vice President
Helen Yuchengco Dee Non-Executive Director
Pedro E. Roxas Independent Director
James L. Go Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PLDT INC6 432
VERIZON COMMUNICATIONS-6.46%201 973
NIPPON TELEGRAPH AND TELEPHONE CORP-10.85%92 269
DEUTSCHE TELEKOM-12.00%77 744
TELEFONICA-7.83%48 763
ORANGE-6.80%45 001