Anyone holding this stock? I'm surprised there's no thread on NZM, spin-offs are a goldmine IMO, there really should be a thread to discuss all upcoming spin-offs. I bought this last year as a spin-off play, amazing little stock, was trading something like 4x cashflow and 10% dividend yield, Forager Funds also added to their position not long afterwards. However I found it's incredibly difficult to put a value on this company, many demergers are still taking place with APN, trying to piece this together through the annual report is a nightmare. Any thoughts??
NZM - NZME Limited
- Thread starter ReXXar
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Just rumbling through a few old posts and saw this one ….. SP has been unceremoniously belted since this last post … It seems as though a proposed merger with Fairfax has been tied up in litigation for ever which has caused the Sellers to kick in ……. I know nothing about the Co. but the Chart looks ordinary.
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NZME to explore lucrative NZ automotive classifieds marketplace with Australian specialist
i hold neither share ( NZM or GUM )
gee i didn't even know GUM was ASX-listed until reading this
i had a nice run with TME ( Trade Me )
i have mostly avoided media stocks but haven't crunched the numbers of either of these
i hold neither share ( NZM or GUM )
gee i didn't even know GUM was ASX-listed until reading this
i had a nice run with TME ( Trade Me )
i have mostly avoided media stocks but haven't crunched the numbers of either of these
- Joined
- 20 July 2021
- Posts
- 13,657
- Reactions
- 18,995
NZME Board Overhaul Averted; New Directors Nominated
NZME Board Overhaul Averted; New Directors Nominated - Sharecafe
New Zealand Media and Entertainment (NZME) has updated shareholders on significant developments regarding its Board composition ahead of the upcoming Annual Shareholders’ Meeting (ASM). JTG 4 Limited (JTG), under the ownership of James Grenon, and other major shareholders have been in...
www.sharecafe.com.au
i do not hold this share
hmmmm
seems to be a bit of turmoil here
