nine entertainment co major shareholders
It is calculated by dividing a company's price per share by its earnings per share. By Stuart Marsh Concentration of media ownership (also known as media consolidation or media convergence) is a process whereby progressively fewer individuals or organizations control increasing shares of the mass media. Please untick this box when using a public or shared device. During FY19, Nine completed the merger with Fairfax Media, creating Australia’s leading integrated media business. The merger brings the total number of major media organisations in Australia down from five to four, and heralding in the era of mega-media conglomerates with a say in every medium. Brokerage costs are not included in this calculation. News agency Australian Associated Press, whose 180 journalists provide much of the nation’s daily news and photos, is facing an uncertain future as major shareholders Nine Entertainment … : For the six months ended 31 December 2020, NineEntertainment Co Holdings Ltd revenues decreased 2% toA$1.16B. Shares in Nine Entertainment Co Holdings are currently trading at Major shareholders Nine Entertainment Co and Rupert Murdoch's News Corp will sever longstanding partnerships with AAP in an effort to cut costs amid a challenging media advertising landscape. Analysts covering Nine Entertainment Co Holdings currently have a consensus Earnings Per Share (EPS) forecast of 0.143 for the next financial year. Stan includes its subscription video on demand service. For example, the Nine Entertainment Co. Holdings Limited share price is up 55% in the last three years, clearly besting the market return of around 10% (not including dividends). So in general terms, the higher the PE, the more expensive the stock is. Please contact Member Services on support@investsmart.com.au or 1300 880 160. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. In terms of relative price strength - which takes into account the overall market trend - the Nine Entertainment Co Holdings price has moved by You should consider the advice in light of these matters and,
Pat is a member of The … -0.0 -1.4%. Do Insider Transactions Matter? SummaryNine and Fairfax are proposing to merge their businesses. Shares in Nine Entertainment Co Holdings (ASX:NEC) are currently trading at 1.515 but a key question for investors is how the economic uncertainty caused by Coronavirus will affect the price. If she increases her stake to 19.9 per cent then she'll need to make a takeover offer for the company. complete or timely nor will they have any liability for its use or distribution. {{ t.Cost === 0 ? Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate,
We look forward to helping you build a market beating stock portfolio. Nine Entertainment has survived the threat of an embarrassing shareholder backlash on executive pay after the company's remuneration report was passed by more than 78 per cent of shareholders. The peer comparison figures have been sourced from Morningstar data and is therefore limited to the funds and investment products included in their database. Our research tools allow you to search, filter and compare thousands of securities listed on the ASX. Historic Australian media company Fairfax Media will be no more now that shareholders have approved a $4 billion "merger" with Nine Entertainment. Nine Entertainment Co. Holdings Limited ... Nine's assets include the Nine Network, major mastheads such as The Sydney Morning Herald, The Age and Australian Financial Review, digital properties such as nine.com.au, 9Honey, ... (with the exception of Substantial Shareholders above 5%). Please refer to our Financial Services Guide for more information. In fact the stock is down 17% in the last year, well below the market return. At that level they are trading at 13.75% discount to the analyst consensus target price of 0.00. The big shareholder groups in Nine Entertainment Co. Holdings Limited have power over the company.Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. The shares of Nine Entertainment Co Holdings Ltd and Fairfax Media Limited will be on watch on Thursday after the two media companies announced plans to … Registration for this event is available only to Eureka Report members. Create a Premium account, and enjoy 15 day free trial, with unlimited access to all our research & services. During FY19, Nine completed the merger with Fairfax Media, creating Australia’s leading integrated media business. DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. The Company operates brands across news, business and finance, lifestyle, entertainment and sport. Historical performance is not a reliable indicator of future performance. As of Contemporary research demonstrates increasing levels of consolidation, with many media industries already highly concentrated and dominated by a very small number of firms. £2.81bn. TWO major Australian media players have announced plans to merge into one company. © 2017 Morningstar. The Nine Entertainment Co Holdings PE ratio based on its reported earnings over the past 12 months is 17.66.The shares are currently trading at A$2.94.. Please select a quantity for at least one ticket. Revenues reflect Digital and Publishingsegment decrease of 20% to A$263.4M, Domain Group segmentdecrease of 7% to A$136.9M. Historic Australian media company Fairfax Media will be no more now that shareholders have approved a $4 billion "merger" with Nine Entertainment. The merger brings the total number of major media organisations in Australia down from five to four, and heralding in the era of mega-media conglomerates with a say in every medium. and the price has moved by Its segments include Broadcasting, Digital and Publishing, Domain Group and Stan. Met onze merken binnen de categorieën kleding-, home- en sleep zijn we er voor (toekomstige) moeders tijdens de belangrijkste momenten in haar leven. Meet the new nine.com.au. She's actually the company's biggest shareholder at close to 19 per cent. The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. The Nine Entertainment Co kingdom is flourishing financially. About Nine: Nine Entertainment is a multi-faceted media company, focussed on delivering premium content across multiple distribution platforms. To buy shares in Nine Entertainment Co Holdings you'll need a share-dealing account with an online or offline stock broker. Historic Australian media company Fairfax Media will be no more now that shareholders have approved a $4 billion "merger" with Nine Entertainment. The latest Nine Entertainment Co. Holdings Limited [NEC] ... Shareholders; 1 day 1 d 5 days 5 d 1 ... in a major win for local media companies and the Morrison government. Where Australia Connects. Timothy Shea is a Media and Technology exec with a 20-year track record of crossing over into producing and financing entertainment projects under the banner Nine Seven Entertainment. Year on year Nine Entertainment Co Holdings Ltd had net income fall from a gain of 221.23m to a loss of 590.03m despite a 17.11% increase in revenues from 1.85bn to 2.17bn. Read detailed company information including current share prices, financial summary, directors, announcements, dividends & news. So shareholders might well want to know whether insiders have been buying or selling shares in Nine Entertainment Co. Holdings Limited . You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives. IMPORTANT: This information is general financial product advice only and you should consider the relevant product disclosure statement (PDS) or seek professional advice before making any investment decision. If she increases her stake to 19.9 per cent then she'll need to make a takeover offer for the company. This may not include all funds available for retail investment in Australia. Nine has a unique portfolio of assets including a leading free-to-air television network (including Channel 9, 9Go!, … The Nine Entertainment Co Holdings PE ratio based on its reported earnings over the past 12 months is 18.21. One way of making that assessment is to exami... Buying quality merchandise when it's on sale is a stock market strategy used by some of the greatest investors in the world - including Warren Buffett. brokerage and assuming dividends re-invested and no withdrawals. The classification is based on a composite score that examines a wide range of fundamental and technical measures. H1 FY21 Results (24 February): Nine will be releasing its H1 FY21 results on 24 February 2021. Nine Entertainment Co Holdings is scheduled to issue upcoming financial results on the following dates: The Nine Entertainment Co Holdings dividend yield is 2.36% based on the trailing twelve month period. if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. Shareholders in Nine Entertainment Co. took a 51% of the combined entity and Fairfax shareholders own 49%. An important predictor of whether a stock price will go up is its track record of momentum. He said the company's major shareholders, News Corp Australia and Nine Entertainment Co., had decided to shut the news agency late last year. For more information, learn about our StockRank Styles. Nine Entertainment Co. Holdings Limited engages in the broadcasting and program production businesses across free to air television and metropolitan radio networks in Australia. CEO, Hugh Marks, will be hosting a webcast/investor call at 9.30am AEDT. 5:10am, shares in Nine Entertainment Co. Holdings Limited (NEC) Overview. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Looking ahead, shares in Nine Entertainment Co Holdings are due to go ex-dividend on 2021-03-04 and the next dividend pay date is 2021-04-20. She's actually the company's biggest shareholder at close to 19 per cent. Welcome to Nine for Brands. Data and content is provided for personal use only. Broadcasting includes free to air television activities and metropolitan radio networks in Australia. For example, the Nine Entertainment Co. Holdings Limited share price is up 55% in the last three years, clearly besting the market return of around 10% (not including dividends). It's quite normal to see company insiders, such as board members, trading in company stock, from time to time.