Today was a good day for GMA7 stock prices. After dipping at the 9.54/share level, it bounced back and closed at 10.46/share. I think a lot of people were interested to buy more at this level and position themselves for a good dividend payout next year.
They also released their financial report for the first quarter of 2022 and it's up by around 6%-7% from last year's performance. Probably gonna slow down since political ads won't be a big part of the revenue stream but we'll just have to wait and see if this cash flow will be sustainable all throughout the year.
💲Peso Smart PH is a channel that aims to educate Filipinos on how to handle their money better, invest in the stock market, take advantage of compound interest and discuss all things personal finance. I'm an avid fan of Warren Buffet, Mark Cuban, Gary Vaynerchuk, Robert Kiyosaki, Og Mandino and Tony Robbins. I wanted to share this journey with you guys to broaden my understanding and knowledge in the world of investing, money and wealth.
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