Just stumbled upon to the video of Jose Manalo as Budoy and Gerald Anderson which currently has 1,797,339 views as of this posting.
Jose Manalo's mimicking with Budoy was first seen in Eat Bulaga from their segment Juan for All and it was featured in Pep.ph. Similar to Jose impersonating Willie Revillame, Jose receives positive reactions and many likes his comedic act.
His first impersonation was first appreciated in Eat Bulaga when he did Wangbu, the parody of Bamboo.
Here's the video of Jose impersonates Budoy in Eat Bulaga.