SXL - Southern Cross Media Group - Aussie Stock Forums

Results 1 to 3 of 3
  1. #1
    Administrator Joe Blow's Avatar
    Join Date
    May 2004
    Blog Entries

    Post SXL - Southern Cross Media Group

    Southern Cross Media Group Limited (SXL) invests in media and owns two major assets: Macquarie Southern Cross Media - Radio and Television and a number of American local newspapers through 100% ownership of American Consolidated Media (ACM). MMG's investment mandate is wide, requiring investments to be media assets with stable earnings and cash flow, strong market positions, barriers to entry and potential for further earnings improvement. MMG is externally managed by MMML for a Base and Performance fee.


  2. #2

    Default SXL - Southern Cross Media Group

    Another undervalued media stock reporting well today up over %6.
    Fully franked 10% dividend.
    Revenue from ordinary activities was $492.8 million in the year to June, up 21 per cent from the previous year.
    Final dividend of three cents per share was declared, taking the full year pay out to 10 cents, up from 9.7.
    Tiss the Season to be Jolly tralalalala Lalala la.
    All we need now is for the Christmas carols to start playing.
    Forgive me I'm dyslexic.

  3. #3

    Default Re: SXL - Southern Cross Media Group

    Long time no play but in hard short today.
    It ran up from 1.60 to 1.68 ish due to nine rumblings. Wrong way.
    Basically ran up from a dollar on speculation nine would buy it.
    Nine bought a 10% stake and joined up some media contracts.
    Nine just dumped that 10% stake at $1.55 plenty of down space to a $1.
    Forgive me I'm dyslexic.

Similar Threads

  1. PRT - Prime Media Group
    By italiandragon in forum Stocks I-P
    Replies: 18
    Last Post: 1st-January-2016, 05:59 PM
  2. BOK - Black Oak Minerals
    By cornnfedd in forum Stocks 0-H
    Replies: 7
    Last Post: 15th-December-2014, 06:00 PM
  3. Cross trading
    By cordelia in forum Beginner's Lounge
    Replies: 4
    Last Post: 26th-January-2008, 11:15 AM
  4. SXU - Southern Cross Uranium
    By lbaz9 in forum Stocks Q-Z
    Replies: 0
    Last Post: 15th-May-2006, 03:17 PM
  5. SBC - Southern Cross Broadcasting
    By Dutchy3 in forum Stocks Q-Z
    Replies: 0
    Last Post: 8th-January-2006, 02:20 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Aussie Stock Forums