Why is Berkshire Hathaway still sitting on a huge loss on its stake in Paramount Global, especially when Warren Buffett clearly doesn’t like the company’s cash-eating streaming video business?
Read MoreAnalysts will be watching the Nine presentation at the Macquarie conference to see by how much Seven’s experience in weakening revenues shows up in its TV and newspapers.
Read MoreInvestors hoping for a repeat of the boost Netflix gave the market in February’s sell down with its December 2022 report will be disappointed by the numbers for the March quarter.
Read MoreViva Energy, the owner of the Shell brand in Australia, is making a big bet – with plans to spend a total of $1.4 billion on dramatically expanding itself into non-fuel retailing.
Read MoreMake your own observations about the relative seriousness of the problems confronting major media groups like Disney and News Corp, then compare them to the enormous success of The New York Times.
Read MoreAn eventful 4th quarter and 2022 financial / operating report from Netflix confirmed the streaming giant’s continuing evolution towards an old-style TV media company.
Read MoreA massive New York property deal has sketched the likely future shape of News Corporation and Fox Corporation, the key companies in the Murdoch family’s media empire.
Read MoreThe battle between Netflix and Disney that was cheered on by the market in recent years suddenly has investors booing both companies – but maybe not for long.
Read MoreDon’t call it Netflix, but rather Netcash as the world’s largest streaming company again made fools of many of the naysayers and analysts in the media and entertainment sectors.
Read MoreTuesday’s US trading session saw a major spike in the price of streaming giant Netflix after the company produced much better than expected figures.
Read MoreUS market talk has it that Rupert Murdoch is exploring a recombination of Fox Corp and News Corp just over 9 years after he engineered the split in the family empire.
Read MoreAfter being sold off heavily in the June quarter because growth in its subscriber numbers had vanished, Netflix shares have just had their best three-month period in four years.
Read MoreNews Corp has reportedly lost its most experienced real estate executive, with Tracey Fellows, the head of Move – the company’s US version of REA Group – set to leave.
Read MoreNine Entertainment will match rival Seven West Media in buying back up to 10% of its shares but also go one better by paying its shareholders a record dividend.
Read MoreFor all the upbeat talk, Seven Group’s decision to hold its dividends steady for FY2021-22 tells us a lot regarding what the company really thinks about the coming financial year.
Read MoreUS investors are changing the way they view old-line media companies, replacing more traditional measures with those used for companies like Netflix – a comparison that is proving less than flattering.
Read MoreWith Covid restrictions easing, economies re-opening and consumers moving about, the boom sectors like streaming video have become less attractive to more and more investors.
Read MoreFor reasons unclear, the market didn’t like what seemed a solid interim result from Kerry Stokes’ Seven West Media, sending shares down more than 6% in Tuesday trade.
Read MoreAs the megatechs struggle with their business models, there is more evidence from the US that a successful digital subscription strategy is paying off for old line media such as print.
Read MoreShares in Nine Entertainment Co edged up 2.7% yesterday after the company produced a second trading update in just over a month.
Read MoreWalt Disney shares might have recovered from their coronavirus slump and hit a succession of record highs last week, but that hasn’t stopped the company looking like a bunch of dills for making the Murdoch family richer than they should be, for no reason other than corporate ego and ambition.
Read MoreTwo days after revealing that his company was heading for a surprise 30% plus lift in operating earnings for the six months to December, Nine Entertainment Co, Hugh Marks quit on Saturday.
Read MoreThe annual meetings of Nine Entertainment and Seven West Media gave us very different pictures of current trading conditions at the start of the 2020-21 financial year – on the one hand Nine has found more revenue, cut costs and is now looking at a much better result for the six months to the end of December, forecasting profit rise of “around 30%, according to CEO Hugh Marks in an update.
Read MoreNetflix shares fell sharply in after-hours trading after it fell short of its own and market forecasts for subscriber growth in the three months to September 30 and warned of weaker results for the first six months of 2021.
Read MoreThere’s a big revolution coming in global media – especially video streaming – from Walt Disney which has revealed that the ravages of COVID-19 on its existing money-making businesses have forced it to focus on its loss-making video streaming as the only way to survive.
Read MoreThe Australian sharemarket is up by 1% on Tuesday, extending its winning streak to seven days and closing in on the elusive 6,200pt level, which would mark a seven-month high.
Read MoreNine Entertainment has reacted to the impact of COVID-19 and the lockdowns and lower revenue and earnings with $702 million of impairments and a lower dividend.
Read MoreAnother very weak result from Seven West Media for the year to June will see shareholders go without any dividends for the third year in a row.
Read MoreITV, the UK commercial free to air TV broadcaster has confirmed that it will drop its final dividend for2020 after revenue slumped sharply in the six months to June, sending pre-tax earnings down more than 90%.
Read MoreThe June quarter results from the New York Times showed why there is clear air between it and every other legacy media companies around the world.
Read MoreThe dismemberment of the Kerry Stokes’ media empire, Seven West Media continues with the sale of the company’s controlling interest in much of its international production businesses in the US and UK to Beyond International for an undisclosed amount.
Read MoreFor the US cable TV industry, it’s back to 1995 as millions of people drop out or just don’t bother connecting or re-connecting their services and instead continue to flee to cheaper streaming options (of which there are now more than 300 such services in the US).
Read MoreITV, Britain’s main commercial TV broadcaster and production group has sent 800 staff – 15% of its workforce on leave as ad revenue tanks in the wake of lockdowns and social distancing rules designed to slow the spread of COVID-19 and bring it under control.
Read MoreMore bad news for the struggling Seven West Media – its attempts to sell its unwanted Pacific Magazines business to Bauer, the local arm of the German publishing giant.
Read MoreNews Corp Australia has joined its peers in the shape of Ten, Seven West Media, Nine Entertainment, Domain, Southern Cross Austero and smaller players in being brought down by the COVID-19 pandemic and the lockdown.
Read MoreThe Murdoch clan’s News Corp is being battered by the impact of the COVID-19 pandemic and measures governments in the US, UK and Australia have adopted to control the virus and limit infections and deaths.
Read MoreThe odds that Seven West Media will get $40 million from the sale of its Pacific Magazines business to Bauer Media have lengthened after the Kerry Stokes controlled company said yesterday it had started action in the NSW Supreme Court to compel Bauer Media to complete its deal.
Read MoreNational radio and regional television broadcaster Southern Cross Austereo will raise $169 million in capital in a last-ditch effort to try and help the company survive.
Read More|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Error: Contact form not found. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DOWNLOAD RESEARCH REPORTSecures binding contract with Tier-1 OEMUS based anode active project gathers momentumMagnis Energy Technologies (MNS.ASX) – MNS is planning an anode active facility in the US and recently announced a binding, yet conditional, contract for the supply of anode active with Tesla. The contract is for a minimum 17.5kt/year with an option to purchase another 17.5t/year. Conditions precedent carry a tight development timeframe, with first production scheduled for February 2025. Site selection is underway and co-locating with an OEM on a brownfields site makes sense. Long lead items have been ordered and detailed engineering and design is expected to commence soon. |
|
December Quarterly Report: Q2 FY2023Looking past the rain – there’s a rainbow.TerraCom released their operating results for the December quarter FY2023 with operating metrics being in line with our forecasts. Unseasonal rains in both Australia and South Africa contributed to operational and logistical issues across all mines, however guidance for annual production at Blair Athol is unaffected and highlights the quality of TerraCom’s skills in operational management. We continue to like the stable operating metrics around the company’s Australian operations and see potential for the South African operations to benefit from increased management focus given the rationalisation of operations following the closure of the Ubuntu mine. Corporate Connects overall financials remain unchanged as does our target price of $1.35 share. We maintain our forecast for a fully franked quarterly dividend of 7.5c/share to be paid in the March and June quarters of FY2023. |
|
DOWNLOAD RESEARCH REPORTHigh performance synthetic anode & cathode materials Building a US based materials supply chainNOVONIX (ASX:NVX) – is scaling a synthetic anode materials plant in the US and piloting nickel rich cathode material in Canada. Why? China is dominant and growing – 100% of global natural anode and 68% of synthetic anode is refined in China. In short, China controls the global midstream battery chain by controlling 60% of chemical refining, 87% of anode manufacturing, 61% of cathode manufacturing and 73% of battery manufacturing. It is global battery supply and price domination at scale. |
|
|
|
|
|
|
|
DOWNLOAD RESEARCH REPORTAntisense Therapeutics (ANP) Taking a Quick Approach to Long COVIDThis report looks at the results of a collaborative study Antisense undertook which looked at the largest protein expression database in Long COVID-19 patients who experienced neurologic symptoms well after the primary or acute SARS-CoV-2 infection was considered over (Groups 1 & 2, with 48 subjects Group 2 comprising a single patient from a different clinical site). The symptoms and others experienced by such patients result in a highly significant amount of illness, possibly more than all primary SARS-CoV-2 infections i.e COVID-19. |
|
|
|
|
DOWNLOAD RESEARCH REPORT4Q reveals more focus on profit and cash flow• LBY’s 4Q FY22 quarterly activities update showed continued solid growth in top line metrics, albeit slowing, with GMV of NZ$203m (+26% on pcp) and income of NZ$12.1m (+23% on pcp).
• Net Transaction Margin (NTM) disappointed at -0.5%, due to further increase in credit losses from 4.0% to 4.9% of GMV. However, new fraud and credit risk management tools have seen losses recover materially with NTM back to 1.2% in March and LBY is confident of further recovery in coming months.
|
|
DOWNLOAD RESEARCH REPORTSigns MOU with Ford Company – Kachi is now sold out!Lake Resources (LKE. ASX) – LKE has signed two non-binding MOU’s in the space of 10 days. Ford Company (Ford) has signed an MOU for ~25,000t/year and last week Hanwa, a Japanese commodity trader signed a MOU for up to 25,000t/year. Subject to execution, this is an amazing feat as Ford and Hanwa are prepared to enter into longer-term strategic partnerships with LKE. Commercial negotiations are still ongoing but are expected, especially if Ford & Hanwa inject new equity into LKE, to further de-risk the project financing & thus ensure LKE and Kachi are fully funded. |
|
DOWNLOAD RESEARCH REPORTStrategic Vanadium-battery growth with Titanium & Iron earnings resiliencyTNG Ltd is an ASX-listed technology owner and developer of the world-class Mount Peake near-surface vanadiferous titanomagnetite deposit. To unlock value, TNG will concentrate ore from its central Northern Territory mine for processing through its patented TIVAN® process produce three premium quality revenue streams: hi-purity vanadium pentoxide (V2O5) for steel alloys and Vanadium Redox Flow batteries, a quality titanium pigment for paints and a premium steel input with >64%Fe iron ore fines. |
|
Promising exploration and development update while SOP prices continue to riseTwo recent gravity surveys have considerably exceeded expectations and revealed potential for extensions to the existing MRE at Lake Throssell, plus a material growth opportunity at Lake Yeo. This reinforces the potential for a multi-decade, Tier-1 SOP production hub based around Lake Throssell. TMG is currently completing work towards the PFS due early 2023, including drilling to start in Q3 2022, evaporation trials and permitting activities. Results from these programs will support the PFS and any future resource upgrade. Benchmark SOP prices have risen to ~US$940/t due to recent geopolitical developments. The Oct 2021 Scoping Study assumed a SOP price of US$550/t and contained a sensitivity analysis showing every 10% increase in price drives a +$144m increase in the project NPV of $364m. The c.70% increase above the Scoping Study thus implies a project NPV of ~$1.4bn. |
DOWNLOAD RESEARCH REPORT
|
DOWNLOAD RESEARCH REPORTIncreasing our TargetDespite the lower realised oil and gas price, which fell by 5.4% and 19.7% respectively in August, Calima managed to show improvement in its key business metrics. We expect higher production in November due to the contribution by the new Thorsby wells which will be drilled in August/September which will see Calima meet its 2021 production guidance of 4,500 boe/d. |
|
DOWNLOAD RESEARCH REPORTEmerging Financial Wealth Advisory GroupWT Financial Group Limited (WTL) is a growing diversified financial services company, founded in 2010 and listed on the Australian Stock Exchange (ASX) in 2015. Its advice and product offerings are delivered primarily through a group of independent financial advisers operating as authorised representatives of WTL under its Wealth Today Pty Ltd (Wealth Today) and Sentry Group Pty Ltd (Sentry Group) dealer group operations. It has around 275 advisers across more than 200 financial advice practices Australia-wide. It also operates a direct-to-consumer operation under its Spring Financial Group brand. |
|
DOWNLOAD RESEARCH REPORTImmutep Taking the Fight to CancerIn May 2021, Corporate Connect analyst Marc Sinatra published a comprehensive research report on ASX-listed biotech Immutep Ltd (ASX: IMM). So impressed was he with IMM that Corporate Connect felt it imperative that a follow-up report be released placing a valuation on the company, because the market was not seeing the vast potential of eftilagimod alpha (efti). This follow-up report has been released today. Using comparables, after adding cash back to their EV estimate and dividing by the total number of issued shares, Corporate Connect now places the fair value of an Immutep share at $A2.20. |
|
DOWNLOAD RESEARCH REPORTMarket leading lifelong learning platform technology company in Australia and SE AsiaPayGroup (PYG) delivers multi-country BPO services and cloud SaaS HCM solutions, assisting companies to manage employees in multiple, complex jurisdictions. The company has many growth opportunities, including new clients, new jurisdictions, new products, partner expansion, and new revenue sources. PYG’s scalable business model allows operating leverage and with savings from in-housing third party technology, support margin expansion. |
|
DOWNLOAD RESEARCH REPORTMarket leading lifelong learning platform technology company in Australia and SE AsiaOpenLearning (OLL) is a higher education technology company that operates a scalable online learning platform through a software-as-a-service (SaaS) business model and provides a global marketplace of high quality courses for learners of all levels. Its primary customers are education providers based in Australia and South-East Asia (primarily Malaysia). OLL started operations in Australia in 2012 and expanded to Malaysia in 2015, Singapore in 2018, and recently also Indonesia. |
|
