PRIM (PRIME MEDIA HOLDINGS, INC.)

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PRIM (PRIME MEDIA HOLDINGS, INC.)

Postby Johnny » Fri Oct 23, 2009 3:45 pm

Prime Media Holdings, Inc. (PRIM) was originally incorporated on February 6, 1963 as Private Development Corporation of the Philippines and then changed to PDCP Development Bank, Inc. that same year. In June 6, 2000, the company changed its name to First e-Bank Corporation and then eventually shifted to its current name in October 2003.

In 2002, Banco de Oro Unibank, Inc. assumed the servicing of PRIM's deposit liabilities and other banking functions. On December 6, 2002, the Board of PRIM approved the amendment of its articles of incorporation to change to primary purpose from a development bank to a holding company, which would hold investments in the media industry.

At present, PRIM is still in the process of cleaning up its balance sheet to pave the way for the entry of a new investor who will be willing to inject its business or assets into the company.

Source: SEC Form 17-A (2008)


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Still don't have Amibroker yet so I can't post a chart; but as I was browsing pse.org.ph, I saw this stock had a 49.15% increase in price with almost 18M in volume for today.

Mga bossing, ano po ang take nyo sa stock na 'to?
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Re: PRIM (PRIME MEDIA HOLDINGS, INC.)

Postby kropotkin15 » Fri Oct 23, 2009 4:02 pm

Johnny wrote:Prime Media Holdings, Inc. (PRIM) was originally incorporated on February 6, 1963 as Private Development Corporation of the Philippines and then changed to PDCP Development Bank, Inc. that same year. In June 6, 2000, the company changed its name to First e-Bank Corporation and then eventually shifted to its current name in October 2003.

In 2002, Banco de Oro Unibank, Inc. assumed the servicing of PRIM's deposit liabilities and other banking functions. On December 6, 2002, the Board of PRIM approved the amendment of its articles of incorporation to change to primary purpose from a development bank to a holding company, which would hold investments in the media industry.

At present, PRIM is still in the process of cleaning up its balance sheet to pave the way for the entry of a new investor who will be willing to inject its business or assets into the company.

Source: SEC Form 17-A (2008)


--------

Still don't have Amibroker yet so I can't post a chart; but as I was browsing pse.org.ph, I saw this stock had a 49.15% increase in price with almost 18M in volume for today.

Mga bossing, ano po ang take nyo sa stock na 'to?


Bago lang ba yan? Kailan yan?
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Re: PRIM (PRIME MEDIA HOLDINGS, INC.)

Postby tarantrader » Fri Oct 23, 2009 10:30 pm

Pangit naman ng chart nito. Puro butas.
People tend to lie, the chart doesn't.
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Re: PRIM (PRIME MEDIA HOLDINGS, INC.)

Postby drpama » Fri Oct 23, 2009 11:18 pm

tarantrader wrote:Pangit naman ng chart nito. Puro butas.


Madami butas, madali mahulog! :o
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Re: PRIM (PRIME MEDIA HOLDINGS, INC.)

Postby tarantrader » Sat Oct 24, 2009 7:20 pm

Sa mga hindi pa nakakita ng typical reply ng company to PSE pag umabot ng ceiling or floor ang stock nila, eto ang isang typical answer:

"Please be advised that we have no knowledge or information about the cause of the rise in the selling price of PRIM shares from P1.18 to P1.76."

Naku, lumang tugtugin na yan... :lol:

Pero eto may bago, also found in the same letter:

"At this time, there are no significant developments that could materially affect selling price of our shares. The brokers involved in trading PMH shares are in a better position to explain the improvement in the trading price."

Ayos ah, tinuro na agad mga broker! Sabi nga ni Michael V, YARI KA! :lol:
People tend to lie, the chart doesn't.
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Re: PRIM (PRIME MEDIA HOLDINGS, INC.)

Postby IZEE » Sat Oct 24, 2009 7:34 pm

nyahaha :lol:
“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” -- William O’Neil
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Re: PRIM (PRIME MEDIA HOLDINGS, INC.)

Postby Johnny » Sat Oct 24, 2009 8:57 pm

ahh... sige sir. thank you thank you.

pero sir, nadadaya pa rin kahit mataas yung volume?

tsk.. talentadong pinoy ata yung mga traders na yun sir. haha
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Re: PRIM (PRIME MEDIA HOLDINGS, INC.)

Postby quickbang » Tue Oct 27, 2009 5:39 pm

Sa mga hindi pa nakakita ng typical reply ng company to PSE pag umabot ng ceiling or floor ang stock nila, eto ang isang typical answer:

"Please be advised that we have no knowledge or information about the cause of the rise in the selling price of PRIM shares from P1.18 to P1.76."

Naku, lumang tugtugin na yan... :lol:


Sir newbie here, what does this mean?

Opposite of what they declared? Meaning they are cooking up something regarding the PLDT - ABC5 thing, pero "secret" muna?
quickbang
 
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Re: PRIM (PRIME MEDIA HOLDINGS, INC.)

Postby tarantrader » Tue Oct 27, 2009 10:38 pm

Meaning, all other companies whose stock has reached ceiling also replied in the same manner that they always say they have no knowledge on why their stock went up.
People tend to lie, the chart doesn't.
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Re: PRIM (PRIME MEDIA HOLDINGS, INC.)

Postby mhanz794 » Wed Oct 28, 2009 5:30 am

MGA SINUNGALING SILA LAHAT :mrgreen:
Alam nyo na naman yun! eh kasi nga requirement ng PSE yong 'Notice To Explain', meron na bang umamin dyan na may kinalaman sila ? WALA, WALA, WALA :D
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