NWS - News Corporation

[notting]

Google TV, Apple TV growing and developing. Foxtel - Rip off.
This thing is a joke and trades like something with a cult following overpriced for about 30 years with a pathetic dividend.
Hate it.
It's managed to hold on to the delusional psychology that ran the markets up into the 2008 peaks.
Think I'll go buy me one of those delicious McDonald's hamburgers.
If a regular fish and chip shop sold you one of those you'd throw it back in the guys face!
Got to hand it them, their great at selling sh#t to idiots.

 

[McCoy Pauley]

Split approved by the News Corp board. One company will hold the entertainment businesses like 20th Century Fox, the Fox News Channel and the Fox broadcast network. The other company will hold the print businesses.

http://online.wsj.com/article/SB100...69861262.html?mod=WSJASIA_hpp_LEFTTopWhatNews

 

[notting]

Speaking of turns.
Does any one know what date the NWS buy back will end?

 

[System]

NNC - News Corporation

Shares in New Newscorp Inc (NNC) – News Corp's newspaper and book publishing business – will start trading 19 June on a deferred settlement basis, ahead of the full de-merger of News Corp on 28 June.

NNC will hold News Corp's publishing interests, including Murdoch's three UK titles, the Sunday Times, the Times and the Sun; his New York papers, the New York Post and the Wall Street Journal; his Australian newspapers and the Australian Fox Sports.

 

[System]

On September 2nd, 2013, News Corporation (NNC) changed its ASX code to NWS.

 

[notting]

This has about as much reason to be inflated as does Murdoch's weener at the moment.
Insanity on behalf of international insto's.
Oh I get it! They must be anticipating lots of advertising from Harvey Norman apartments on stores.
I'm going to start up an internet company called obituaries.com, to take the last remaining realm of classifieds out of news papers. Actually no. dead.com has a better catch to it.
:silly:

 

[notting]

Rupert Murdoch elevated his two sons, Lachlan and James, to senior positions at his
entertainment and publishing operations, signaling that both are likely to play roles in
the long-term future of the family-controlled media empire.
21st Century Fox Inc. named Lachlan Murdoch, 42 years old, as nonexecutive co-chairman,
alongside his father, who is chairman and chief executive.
The company simultaneously promoted James Murdoch, 41, to be co-chief operating
officer

Oh Joy.
This is going to be so much fun to watch.

Crush it.

 

[skc]

Oh Joy.
This is going to be so much fun to watch.

Crush it.

Lachlan is awesome, says the AFR.

Lachlan Murdoch’s toughness made him an easy choice

http://www.afr.com/p/business/companies/lachlan_murdoch_toughness_made_him_YiTmjL6VhtTSRsd6MC8Q4I

And AFR is owned by Fairfax!

Or may be it's just a backhanded compliment... "toughness" is all they could say.

 

[banco]

Lachlan is the Freddie Corleone of the Murdoch family. Unfortunately for them they don't have a Micheal Corleone.

 

[Trav.]

NWS came up on my scan and I have never traded it before so I am having a look at the chart (Daily) and amazed at how gappy it is, so I checked out the price sensitive announcements and the last half dozen announcements don't match up too the gaps so not sure of the catalyst here.

Closing in on ATH of $22.62 but some resistance prior to that.

Interesting chart so I will have to ponder a bit over the weekend to find some sort of pattern.

- looking strong trend wise
- good volume
- ticks all boxes but those gaps !!!

Anyone have a view that they would like to share ?????

 

[cropcos]

NWS came up on my scan and I have never traded it before so I am having a look at the chart (Daily) and amazed at how gappy it is, so I checked out the price sensitive announcements and the last half dozen announcements don't match up too the gaps so not sure of the catalyst here.

Closing in on ATH of $22.62 but some resistance prior to that.

Interesting chart so I will have to ponder a bit over the weekend to find some sort of pattern.

- looking strong trend wise
- good volume
- ticks all boxes but those gaps !!!

Anyone have a view that they would like to share ?????

View attachment 100203

In terms of the gappy price behaviour you tend to see that in asx listed CDI’s such as this, where the main stock is traded on a foreign exchange. NWS is listed on NYSE. Look at AQG or RMD for example.

 

[Trav.]

@cropcos thanks for that, makes sense now.

Cheers

 

[Garpal Gumnut]

Some of the rival mastheads to News here and in the USA are reporting that the Chinese government have been hacking their sites

News Corp hacked, reporters targeted, China suspected

The Wall Street Journal said the hack dated back as far as February 2020, and that reporters’ emails and Google documents had been exposed.

amp.smh.com.au

Since 2020 at least.

gg

 

[divs4ever]

An important Foxtel announcement...​

An important Foxtel announcement...

News Corp's plans to sell Foxtel are surprising in that streaming assets Kayo, Binge and Hubbl look likely to go with it. This and recent events in the US show the bind that legacy TV businesses find themselves in.

www.firstlinks.com.au

saw this coming way back

the question is who will buy

TLS , perhaps ?

( i hold TLS )