SWM 3.03% 17.0¢ seven west media limited

Travelling..had a quick look at the update..key takeaways:1....

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    Travelling..
    had a quick look at the update..key takeaways:

    1. Cost under control 1.2bln
    2. This would imply Ebita should he over 310mln..guessing 320mln..
    3. Net debt level - no update but we know it will be at historically low level ..
    4. Great BVOD market we chase worth 6.5bln....and growing in it at 36% yoy...
    5. Digital will represent over 40% of our Ebita..

    Solod numbers, great revenue upside, solid balance sheet , new dugital company led by great content...

    what not to like?
 
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