Media Group NWS have more than doubled since the panic COVID-19 lows, in its recent company report we saw revenue improve across all its businesses compared to last year and EBITDA rip up by 40%. We like the company / shares in today’s environment with optimum entry the key, at the moment we would consider throwing our hat in the ring ~$28 but this will probably evolve moving forward.
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Buy Hold Sell: The best and worst performers of FY25
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Thursday 31st July – ASX -15pts, RIO, FLT, BPT
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Thursday 31st July – Dow -171pts, SPI off -21pts
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MM currently likes NWS ~$28
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