Media Stocks - Aussie Stock Forums

Results 1 to 6 of 6

Thread: Media Stocks

  1. #1

    Default Media Stocks

    What does anyone think of the media stocks? I bought WAN today. Is anyone else taking a position?

  2. #2

    Default Re: Media Stocks

    Bought into Ten...not so much because of recent events, more because the chart shows a poential breakout. Recent events wont hurt though....

  3. #3

    Default Re: Media Stocks

    Quote Originally Posted by Glenhaven View Post
    What does anyone think of the media stocks? I bought WAN today. Is anyone else taking a position?
    I think WAN way over price ... Traditional paper is dying, well not so much completely dead, but their margins is getting thinner each year, no more big fat easy dollar any more.

    WAN currently can justify their price because a few big players want to get a strategic foot hold once the party is over and they not getting their return on investment they start dumping it

    the Y generation and younger are not going to read paper that often, they all get news feed and using technology to acquire their contents.

    That my 2 cents anyway..

    TEN on the other hand look probably best out of three TV network. Profit is down but that due to the nature of the industry rather than TEN itself.

  4. #4

    Default Re: Media Stocks

    Yes there is the media it is published in aspect, but the key is content. Just because they publish newspapers does not mean they cannot present their content in other ways.

  5. #5

    Default Re: Media Stocks

    Media stocks all up strongly to-day, WAN up 45c, SBC up $1.01 and FXJ up 14c

    I believe there is still a lot of room on the upside.

  6. #6

    Default Re: Media Stocks

    Just got home and signed in. WAN closed at $17.00. What a great day.

Similar Threads

  1. Solar stocks - when will Australia wake up?
    By sunboy in forum ASX Stock Chat
    Replies: 143
    Last Post: 2nd-March-2012, 11:25 AM
  2. The hot stocks for 2008 news articles by experts
    By bigdog in forum ASX Stock Chat
    Replies: 16
    Last Post: 30th-March-2008, 03:30 PM
  3. Low PE producing stocks
    By prawn_86 in forum ASX Stock Chat
    Replies: 11
    Last Post: 17th-January-2008, 09:15 PM
  4. Global Warming Bubble Stocks
    By treefrog in forum ASX Stock Chat
    Replies: 6
    Last Post: 1st-January-2008, 09:02 PM
  5. APPL stocks
    By dsacgt in forum Beginner's Lounge
    Replies: 3
    Last Post: 5th-December-2007, 01:14 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