@leasx
Hi,
I was wondering if you ever had a look at NZME (leader for radio and publishing in NZ).
Quite comparable to News corp, in term of business portfolio with 3 businesses : radio, publishing and real estate classified.
Main difference is that the classified business is a very small part for NZME.
Like NWS, NZME had a good resistance in FY 20 due to strong cost cutting and focus on digitalization and subscription.
Whatever way you look at it, NZME is really cheap. For ex. EV/EBITDA of 3.4 x (if we exclude wage subsidies).
Main reasons why I find News Corp interesting, page-5
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Last
$40.85 |
Change
-0.270(0.66%) |
Mkt cap ! $1.163B | |||
| Open | High | Low | Value | Volume |
| $41.13 | $41.13 | $40.50 | $7.435M | 182.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 144 | $40.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.98 | 482 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| NWS (ASX) Chart |