Entering text into the input field will update the search result below

PLDT: Spotlight On Tower Sale And Management Guidance

May 02, 2022 10:27 AM ETPLDT Inc. (PHI)EPHE, VSGX, EMGF, IEMG, EEM, EEMV4 Comments


  • PLDT's recent tower sale was done at premium valuations, and this should be positive for the company in the form of higher earnings, lower debt and special dividends.
  • The company is targeting a high-single digit percentage EBITDA growth for 2022, which I think is achievable thanks to the strength of its home broadband business.
  • PLDT is a Hold; I am positive on PLDT's tower divestment deal and the company's favorable management guidance, but these are already factored into its price performance and valuations.
  • Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More »

Young Asian couple calling taxi using smart phone app

Satoshi-K/E+ via Getty Images

Elevator Pitch

I upgrade my investment rating for PLDT Inc.'s (NYSE:PHI) [TEL:PM] shares from a Sell to a Hold. I touched on competition and associated downside risks for the company in my earlier

PLDT price return

Seeking Alpha

This article was written by

The Value Pendulum profile picture
Uncover cheap stocks, great businesses listed in Asia focusing on HongKong
Asia Value & Moat Stocks is a research service for value investors searching for attractive Asia-listed investment opportunities  with a huge gap between price and intrinsic value, leaning towards both deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high quality businesses, hidden champions and wide moat compounders).

Those who believe that the pendulum will move in one direction forever or reside at an extreme forever eventually will lose huge sums. Those who understand the pendulum's behavior can benefit enormously. ~ Howard Marks

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.