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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Performance update for March, stocks that drove returns & our current positioning
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
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Market Matters Research Lead Shawn Hickman with David Koch
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Wednesday 24th April – DOW +263pts, SPI +27pts
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MM currently likes NWS ~$28
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Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
Daily Podcast Direct from the Desk
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Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
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Wednesday 24th April – DOW +263pts, SPI +27pts
Daily Podcast Direct from the Desk
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