TEN - Ten Network Holdings [Archive]

sam21poddy

12th-October-2005, 03:26 PM

I cannot for the life of me understand share prices. Today TEN announced increased profits and a fully franked dividend of 21.5c. My broker's recommendation had it valued at a little above $4.00. TEN made a statement that however, they did not expect future earnings to be quite as good. Big deal. I bought some shares at $3.50 thinking it was a good buy with 21.5c dividend and no sooner had I bought the shares, they plunged to below 3.30. I give up.

rozella

12th-October-2005, 03:36 PM

G'day sam21poddy,

The dividends of 21.5 are well gone that they are referring to. Div of 12.5 in December 04, & 9.0 in June 05. Next divs come around in December this year.

But you are right, the outlook statement for the next 12 months seems to take precedence over anything else.

sam21poddy

12th-October-2005, 03:54 PM

Here is the quote from today's news story on www.financenews.com.au

"Ten declared a final dividend of 21.5 cents a share." (I don't know how to post a link to the story).

So it looks like a mistake and I've fallen for it.

rozella

12th-October-2005, 04:12 PM

sam21poddy,

For the news article from the press, just copy from the address bar & paste. Click on the hyperlink icon 1st.

I assume this is the article
Ten boosts profit 31pc (http://finance.news.com.au/story/0,10166,16895698-462,00.html)

This is part of another news article.

Sydney - Wednesday - October 12: (RWE Aust Business News) - Ten
Network Holdings Ltd (ASX:TEN) has reported a net profit of $100.6m for
the year to August 31 2005, up 30.8pc on the prior year's $76.93m.
Revenue was up 14.5pc to $954.59m from $833.4m previously.
Fully franked dividends totalling 21.5c were paid during the
year, in December 2004 (12.5c) and June 2005 (9c).
The first dividend for FY 2006 will be paid in early January and
the second in early July 2006.

el_ninj0

12th-October-2005, 04:42 PM

I agree rozella, people are pretty stupid when it comes to reading announcements. Most people are stuck in following other poeple simply because they cant be bothered reading the announcement properly. Anyway, TEN is a decent co, i wouldn't be too worried about your investment.

:2twocents

Lachlan6

12th-October-2005, 07:00 PM

Scratch

12th-October-2005, 07:48 PM

Not wishing to be rude:

I am a newbie watching and waiting. I "saw" on 21/9 a SELL signal using charts and have been out since that time ($3.70). I truly do not understand the tech talk re being misunderstood etc or understanding. What it does do is make me feel as if I have yet a lot to understand??

Scared as ****!! But still willing to give it a go!!

S

Julia

12th-October-2005, 10:00 PM

Hello all. just one quick thing. look at the chart of ten compared to that of gtp. any similarities? only difference is that gtp has well and truly started to fall. really important time now for ten as it has made that lower high on weekly chart. OBV has started to fall, whilst there was negative divergence in the RSI from highs in 2003 and late 2004. The next support is around $3.20. if this fails this stock is in all sorts. only my opinion. cheers, lachie.

In making the above comparison, you're not taking into account the potential for TEN with anticipated changes to media laws which are probably not too far away. There will be all sorts of movements and if TEN becomes a takeover target the SP should do well.

Apart from that, what other similarities, other than the chart, do you see between GTP and TEN?

I hold both and would never have considered them in the same breath.
Maybe Im missing something important?

Julia

ob1kenobi

13th-October-2005, 02:04 AM

I agree Julia! I hold TEN and the chart at the moment is causing me much concern. If it fell below $3.00 I would reconsider that position.

Julia

13th-October-2005, 01:36 PM

Australian Broker Call Report today has several broker/analyst recommendations on TEN. One is a Buy and the rest Neutral/Hold.

I'm holding.

Julia

Smurf1976

13th-October-2005, 03:58 PM

I'm no expert on this company but to my understanding the market for advertising is turning down quite badly as companies look to cut costs. If that's correct then it would explain the weakness in TEN.

I have a couple of contacts in the media so I'll see if I can find out if this advertising slowdown is real or not. Looking at a couple of other stocks like SLM though it does seem that the advertising business isn't exactly booming. :2twocents

mime

13th-October-2005, 07:55 PM

I saw a report today that the number of people are watching free to air commerical tv is slowly dropping despite a growning population. More people are moving to pay TV.

I think thats a major contributer as well as shows like Idol have been popular then the past. Seven has also lifted their game and taken back their market share.

Lachlan6

21st-December-2005, 11:41 PM

I posted a couple of months ago re TEN, saying how those who own some should watch really carefully. Today was a down day for the stock and consequently it has fallen through crucial support at around $3.20. If TEN finishes the week around the $3.10 mark, it will signify the completion of a dowward ascending triangle, which will once and for all show that money is getting out of this stock. Back in October I highlighted the similarity with the GTP chart. Nothing has changed, and the next support for TEN is $2.90, then $2.60. Look at the sharp fall in OBV, it shows that the smart money is exiting. Something to think about for people holding TEN. Just my opinion.

markrmau

22nd-December-2005, 04:47 AM

ex-div.

rozella

22nd-December-2005, 06:02 AM

Thats right markrmau,

div + fc = 17.14/share. It dropped 16.0 yesterday......it is what I would expect in an ordinary market......but this market is on fire atm....it should have done better.

Lachlan6

22nd-December-2005, 09:43 AM

OK cheers markmau. was wondering that. Still if I was holding TEN I would be watching very closely in the next couple of days, especially if they cant reverse and get back above about $3.20.

Julia

22nd-December-2005, 11:19 AM

I've been holding it for its yield, but am currently rethinking it. Can undoubtedly find something else with better prospects for growth and still good yield.

I think TEN had its best times when Big Brother and other similar rubbish was popular and they were leading the ratings, whereas now TEN has fallen in the general ratings and, as reported, their outlook is less than exciting.

Julia

Dutchy3

24th-October-2007, 09:13 PM

I'm in .... will have to watch closely of course .... experience tells me that blocking stakes are bough in companies not just for the hell of it ...

Rainmaker2000

25th-October-2007, 06:17 AM

I'm a TEN fan and hold it, but just because of the underlying business.....as for the rumour of Rupert, it may well have credibility but I'll never for the life of me understand the behaviour of this Bemuda billionaire.......he actually sold stock in TEN not long ago at a lower price, now he wants to save TEN from Rupert when he did not want to own much anyway.......he could however just be making a short term play, eg. take a blocking stake and then get Rupert up to 3.50 but that seems a bit odd for an industry veteran........still, there are many egos in the media industry

Stan 101

3rd-November-2008, 09:48 AM

Ten are looking to lead the new digital era with a 24 hour high definition sport channel named ONE. One will be screened on Ten's current HD channel and then simulcast on their second standard definition channel.

It will be interesting to see if local content goes up or down for Ten. Full wraps for them to get out there and break the mold.

http://www.asx.com.au/asx/statistics/annou...;issuerCode=TEN

BrightGreenGlow

20th-September-2010, 05:56 PM

Cakeman

23rd-September-2010, 08:37 PM

I see TEN have been downgraded to a Strong Sell from a broker and also have one aiming at a Buy. Mmmm I read a Eureka Report a few weeks ago saying to watch out for TEN's next full year profit report due out in Oct. They commented on WOW and TEN being good companies and they have a good chance of surprising...

Does anyone have any info on TEN?

I bought about 2 months ago and am down about 15%. Generally i would be out by now however i am waiting till October to see what happens.

If anyone has any thoughts it would be appreciated.

Cheers

polska

23rd-September-2010, 09:04 PM

I just added 10 to the watch list, i am liking the current price for such a big network, i thought the masterchef boom would have helped it, but saw the differing broker calls of 'buy' and 'sell', i am unsure at the moment, but do believe they present some value

BrightGreenGlow

23rd-September-2010, 10:50 PM

Dropped a heap today and I think it seems undervalue. CBA and another big company just bough a few million shares last few days too. Surely they would know a good deal? I think I'll be topping up soon and hoping the Eureka Report was right :).

polska

23rd-September-2010, 11:32 PM

i like your logic, i think i may join you and get on board, this is quite a significant low, and does present value

WiseMum

24th-September-2010, 08:20 AM

I've been watching them too and looking for the right spot to buy (don't own any yet). I think the current negative is also wrapped up in the Comm Games troubles - obviously if Australia (or anyone else for that matter) decides not to participate, that would whack TEN quite badly. Perhaps once that situation is settled, we'll see them bottom out but it is disconcerting watching them go so significantly against the market trend these few months.

polska

24th-September-2010, 08:36 AM

comm. games, very good point you make, maybe i will refrain from buying until i see Australia and the opening ceremony go ahead, if we pull out Tens ratings will be non-existent

skc

24th-September-2010, 09:38 AM

Some snippers here on TEN and the Communist, I mean Commonwealth, Games

Full article at http://www.smh.com.au/business/investors-eager-for-anzs-strategy-update-20100923-15ov0.html

A punt on the Games

THE $40 million punt that Channel Ten and Foxtel took when they bought rights to the Commonwealth Games in Delhi is looking doubtful in the midst of facilities collapsing, a Dengue fever outbreak and security concerns.

....

All up, the Delhi headache could see Ten struggle to achieve analyst forecast EBIT growth of $40 million to $220 million in the 2011 financial year.

Ten shares closed at $1.34, down 6¢ in yesterday's trade.

BrightGreenGlow

25th-September-2010, 10:47 PM

Delhi has been a disgrace!! I thought the Australian swim team left today/yesterday.

nooberator

20th-October-2010, 08:56 AM

someone with more money and probably more brains than me thinks ten is a good buy at $1.41

http://money.ninemsn.com.au/article.aspx?id=8109006

shinobi346

21st-October-2010, 11:30 PM

wow what a ride. Who couldve imagined the packer family would go from 9 to 10? I wonder how his dad would feel.

skc

22nd-October-2010, 12:46 PM

prawn_86

22nd-October-2010, 01:18 PM

I hope they don't take ONE off air. It's the only place where you can get some diversity in sports...

EPL, NBA, even WWF or Slamball if they are to your taste.

If ONE is gone, the only alternatives are lawn bowl and netball on the ABC.

I was actually massively surprised about the lack of veiwership on One. I thought it would have been a lot higher, as pretty much whenever i am at someones house it is on in the background(shows my demographic i guess)

Cakeman

29th-October-2010, 11:04 AM

There she goes........ tanked again.
Whats this with Murdoch looking for a JV with half Packers stock

sptrawler

29th-October-2010, 12:36 PM

I always thought Telstra might take a dib at Ten. They could pick them up with small change if the ACCC didn't stick it's beak in and it would give Telstra a bit of diversity.

BrightGreenGlow

23rd-November-2010, 01:24 AM

Yesterday Gina Rinehart bought up 10pc of TEN. :) Happy days again for TEN holders. :D

McCoy Pauley

23rd-February-2011, 03:49 PM

Grant Blackley gets the chop today as CEO. Ten's chairman foreshadows that Ten's first half results will not meet expectations. Lachlan Murdoch jumps in as interim CEO.

Reports of ONE's demise may have been exaggerated a few months ago, but there's no doubt that the influence of Packer and Murdoch have been seen on that channel - lot less sport and more movies being broadcast.

George Negus will be looking nervously over his shoulder (or not - perhaps if they give him the boot, he'll get a fat wedge of moolah as severance pay).

sptrawler

23rd-February-2011, 08:33 PM

I suppose this is the downside of too many channels, it is hard to get traction and stop viewers surfing. Suppose you have take a direction with each channel and then make sure the content holds the audience. Therein lies the problem, high costs for content too much competition and too small a population leads to losses. T.V is not the only retailer that will find it tough this year.:eek: