Under the Southern Cross We Find Value
We lift our fair value estimate for no-moat Southern Cross Media by 8%, or AUD 0.10 per share, to AUD 1.30. Upward estimate revisions for regional TV (34% of group revenue) accounts for AUD 0.06 of the upgrade, while the balance reflects our higher earnings forecast for regional radio (27% of group revenue).Nine's TV ratings are staging a strong recovery, with ratings share of the 25-54 age group surging 360 basis points in the December-half of 2017 to 39.5%. It makes Southern Cross' regional T...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.