SOT sp telemedia limited

2 brokers see upside

  1. 6,238 Posts.
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    ABN Amro 02-May-07 3 Hold $1.05 46.9%
    Target $1.05 (was $0.97). The company has sold its media assets to PBL Media for $250m, a higher price than the broker expected.
    It suggests the sale opens up options for the company, including capital management initiatives or acquisitions of its own.


    Macquarie 02-May-07 3 Neutral $1.12 56.6%
    PBL's price for NBN was a "whopper", the broker says. It is now looking for a share buyback.
    Target rises from $1.00 to $1.12.
 
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Currently unlisted public company.

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