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Member
Not the most popular stock. But its looking like good value right now. Anyone elses thoughts?
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Member
 Originally Posted by errornz
Not the most popular stock. But its looking like good value right now. Anyone elses thoughts?
I have just read their financial statements. Revenue has been declining year-by-year over the last five years, so as profit. If the company didn't do some radical changes, they would not be going to survive.
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Sunset industry and this company still with too much debt. Value trap in my opinion. Looks cheap and is, but for profoundly good reasons and likely to remain so for the foreseeable future. Only one analyst covers it and reckons its worth 50 cents https://www.marketscreener.com/NZME-...64/financials/
From a technical perspective the chart looks ugly and says stay away which is what I am doing. My 2 cents.
Shuffling the deck chairs on the Titanic, opps sorry NZME deck https://www.msn.com/en-nz/money/busi...cid=spartandhp
Last edited by Beagle; 28-10-2019 at 06:08 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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herald owner really desperate to get stuff now
NZME requests urgent Government action
https://www.nzx.com/announcements/352929
herald crap now and you have to pay for that crap , be even worse without competition
one step ahead of the herd
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Originally Posted by bull....
herald owner really desperate to get stuff now
NZME requests urgent Government actionhttps://www.nzx.com/announcements/352929
herald crap now and you have to pay for that crap , be even worse without competition
Not asking for government money to pay the $1 acquisition cost
But they both got heaps recently
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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NZME seeks interim injunction against Stuff-owner Nine Entertainment
https://www.nzherald.co.nz/business/...ectid=12332024
desparate herald , they must think stuff news is good. i do
one step ahead of the herd
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Originally Posted by bull....
I don't.
Regardless, very strange behaviour from NZME. Nine say they never agreed to a $1 takeover, and don't intend to shut it down. And apparently want nothing further to do with NZME.
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Regardless of what they say, Stuff remaining separately owned & not part of NZME is best in competitive markets
and also for readers, advertisers & community at large.
The media have only themselves to blame for the way they are perceived, or recent declining performances
News & Article quality & content has been declining over past 20 years to shadow of it's former self with many papers etc
NZME papers are the worst culprits in this decline. Paywalls serve on P**** off many readers
I'm sick & tired of seeing great bulk of worthwhile interest articles on NZH & other NZME sites hidden behind paywalls.
That straight away sends many off to Stuff, the Aussie sites, Reuters, CNN or elsewhere
Stuff's Sunday Star is very good reading & I would be disappointed to see Stuff become part of the NZME run down poorly performing Stable
The independent smaller media companies by and large are producing far better content etc than the big two incumbents in the market (although there aren't many of these)
Last edited by nztx; 15-05-2020 at 03:36 PM.
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Originally Posted by nztx
Regardless of what they say, Stuff remaining separately owned & not part of NZME is best in competitive markets
and also for readers, advertisers & community at large.
The media have only themselves to blame for the way they are perceived
News & Article quality & content has been declining over past 20 years to shadow of it's former self with many papers etc
NZME papers are the worst culprits in this decline. Paywalls serve on P**** off many readers
Stuff's Sunday Star is very good reading & I would be disappointed to see Stuff become part of the NZME run down poorly performing Stable
The independent smaller media companies by and large are producing far better content etc than the big two incumbents in the market (although there aren't many of these)
+1 for that, couldn't agree more. Most of NZH articles are simply click bait and every bit of new info is breaking news.
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just tried to listen to grant robinson on herald website didnt even work. crap arse site and . why do i have to wait to read a story to 9 am sometimes on the weekend tell your journalists to get out of bed earlier to get the news up esp in the business section in the morning slack
one step ahead of the herd
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