Australian (ASX) Stock Market Forum

CMJ/PBL - Ratings rise - shares rise?

Jump to new
D

DJG

Joined
29 March 2010
Posts
306
Reactions
0
What do you think about CMJ, own's 50% in PMG, 25% in Foxtel.

Do you personally believe due to the number of ratings Nine Network will get from UnderBelly.

9 is owned by PBL which, CMJ owns a % of that company.

Do you believe it will influence the price in anyway, or is it not in contact with Underbelly enough for it to matter?

PBL also owns:

  • ACP Magazines
  • Carsales Network (50.6% stake)
  • myhome.com.au (48.75% stake)
  • Ninemsn (50% stake)
  • Nine Network
  • TCN Sydney
  • GTV Melbourne
  • QTQ Brisbane
  • NTD Darwin
  • Nine HD
  • Go!
  • NBN Television
  • Darwin Digital Television (50% stake)
  • Ticketek
  • Acer Arena
  • Sky News Australia (33.33% stake)

Thanks
 
I never knew CMJ only had a 25% stake in Foxtel. I just assumed it was half owned by Telstra and the rest owned by Consolidated Media Holdings. Where did you get that information from?

Foxtel rising annual revenue is rising which may be helping the share price. (I read this on the companies presentation that I looked up under announcements on the ASX website).

Of Course an increase of advertisers and ratings on channel 9 would definitely help.
 
Space Invader101 said:
I never knew CMJ only had a 25% stake in Foxtel. I just assumed it was half owned by Telstra and the rest owned by Consolidated Media Holdings. Where did you get that information from?

Foxtel rising annual revenue is rising which may be helping the share price. (I read this on the companies presentation that I looked up under announcements on the ASX website).

Of Course an increase of advertisers and ratings on channel 9 would definitely help.
Click to expand...

Pretty sure News owns the other 25%
 
Space Invader101 said:
I never knew CMJ only had a 25% stake in Foxtel. I just assumed it was half owned by Telstra and the rest owned by Consolidated Media Holdings. Where did you get that information from?

Foxtel rising annual revenue is rising which may be helping the share price. (I read this on the companies presentation that I looked up under announcements on the ASX website).

Of Course an increase of advertisers and ratings on channel 9 would definitely help.
Click to expand...

I am guessing you already know, but just in case Consolidated Media Holdings is CMJ

Its on there website and take a look at PBL website too, because by memory CMJ own PBL.

I should of thought of this earlyer, as my paper trading is currently up, but if i sell due to brokerage ill sell for a 10 dollar lose, wonder if it would be worth it.

Underbelly will rip some big ratings for sure, not even including Top gear,Two and half men, and the rest of them.

As i was writing this, on the Sky Business channel - It was showing Media sector - most popular shows, Nine owned most
 
...25% of Foxtel, 50% of Premier Media (which owns Fox Sports etc), lots of money, no debt, lots of growth potential, bugger-all competition(!). In turn, most of CMJ is owned by Packer and Stokes, who are generally considered to be reasonably intelligent humans.

So it's an interesting critter.

...but honestly I can't see individual programs having much of a dent - 9 revenue predictions were already expecting good returns from their line up. This is a long-ish term strategic play, IMO. With so much of the ownership tied up the other big boys aren't terribly interested with the liquidity that's left. So there's upside, maybe a lot of it, but when it'll be realised is another matter.

Good port in a storm for longer-term strategies, IMO, but I don't think there's much there short term.
 
Top