FXJ 0.00% 66.0¢ fairfax media limited

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  1. 20,449 Posts.
    lightbulb Created with Sketch. 2010
    Two minds
    It's free now - when it is no longer you will have a choice - no news paper or pay .
    The other thing is most of us here ( I think ) have bought in very recently . My average entry is just above todays close so when I assess FXJ s worth I assess it relative to what I am buying the assets today , not what they were one worth . So for me the question is at 38c is there more upside or downside , is it priced for failure or perfection etc etc
    My analysis is that is is good value today , it is ripe for a TO , and the very least it will transition enough revenue from print to online to be worth much more than today . I am not expecting 5 dollars , nor 1 dollar , I am targeting 50-75% return with a 6-7% yield while I wait for it to happen
 
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