TEL, EG
TEL: ROE-5 = 39.86, PE(TTM) = 10.98
EG: ROE-5 = - , PE(TTM) = -
ePLDT, a company owned by PLDT(TEL), sold its 75% stake in the operator of the Netopia Internet cafes to IF E-Game Ventures Inc. (EG). ePLDT's serviced revenue decreases by 1% to 7.9 billion from January to Septermber this year.
In my opinion, the moved was a win-win for both parties. ePLDT can now focus its resources on its core business which is more profitable while the Netopia Internet franchise will complement EG's business. IP E-Game Ventures Inc. (EG) is engage primarily in the business of interactive gaming and content distribution.
Showing posts with label EG. Show all posts
Showing posts with label EG. Show all posts
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