Australia's largest stock trading and investment forum Australia's #1 stock forum

FXJ

Click for more information

0.00%

66.0¢ fairfax media limited

I disagree. Nine has less of a future than FXJ. Nine was worth...

First 37 Last

Share
Profile

Follow
Sojourner

6,521 Posts.

1923

30/07/18

15:20

Post #: 34627232
Share

Originally posted by tr0p0nini ↑

Cuz NEC is acquiring 51.1 % of FXJ. It’s the ownership aspect matters here. Whatever FXJ earns, 48.9% stays and the rest goes into NEC account. And this deal favours FXJ shareholders as well. Why ?

Like I said 48.9 % of the future earning stays, and the rest will go under the NEC shares offered in the merger. As a fxj shareholder, you basically still get the whole pie in the name of two different companies. And becuz you receive NEC shares , you also get exposed to caradvice and those brand under NEC as sprinkles and cream.

Like a mention, the loser here is the current NEC shareholders,UNLESS there is a really big synergy effects boosting the future income to balance out the dilution.

Again I’m only looking at this using the ownership aspect. I don’t predict how the businesses will go.
Good luck investing

Expand

I disagree. Nine has less of a future than FXJ. Nine was worth less than half its's value 18 months ago. Nine's revenue has declined much faster, while Domain is growing. Nine also faces far stiffer headwinds from streaming e.g. netflix AND mobile carriers.

FXJ Price at posting: 80.8¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MGU

New results confirm Buena Vista's iron grades potential

There are more pages in this discussion • 22 more messages in this thread...

First 37 Last

Add FXJ (ASX) to my watchlist