Report
Brian Han
EUR 101.80 For Business Accounts Only

Village operates a portfolio of market-leading businesses in the leisure and entertainment space.

Shares in Village Roadshow have sunk back towards our unchanged AUD 3.60 fair value estimate as another poor trading update erases much of the 15% stock price rally since September last year. Indeed, our revised forecast of AUD 16 million normalised NPAT for fiscal 2018 will be the lowest in memory, below even the Dreamworld-scarred fiscal 2017.
The key culprit remains the theme parks unit, with the summer holiday trading period clearly still suffering from the lingering impact of the October 20...
Provider
Morningstar
Morningstar

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.

Analysts
Brian Han

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