Monthly Archives: February 2016

SKY Network Television Ltd – Moderate Financial Results

Moderate financial results: Sky Network Television Ltd (ASX: SKT) reported its net profit plummeting 5.8% to $87.1 million for the six months to December 31 while there was 2.4% surge in revenues. The rise in revenues was driven by 0.5% expansion of its subscriber base. SKT’s customer churn rate rose to an annualised rate of 15.4% as at December 31,

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Seven West Media Ltd – Strong Cash Flow And Balance Sheet

Strong cash flow and balance sheet: Seven West Media Ltd(ASX: SWM) reported its interim results with underlying net profit after tax of $140.3 million, up 2.1% from the same period a year ago. Total group revenue before associates was 4.1% lower than the same period last year, at $897 million. Operating cash flow stood at a strong $187 million while

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Nine Entertainment Co Holdings Ltd – Acquisitions & Deal Extensions

Acquisitions & deal extensions: Nine Entertainment Co Holdings Ltd (ASX: NEC) and WIN Corporation recently agreed to extend their affiliation agreement for six months to June 30, 2016, on terms that provide for additional payments to Nine over that period. News Corp Australia with its subsidiary FOX SPORTS Australia secured a five year deal with National Rugby League for seasons

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STW Communications Group Ltd – Boosting Cash Flow

Boosting cash flow: STW Communications Group Ltd (ASX: SGN) reported an underlying net revenue of $416 million in FY15, an increase of 2% from the previous year. Underlying net profit after tax stood at $39.6 million, in line with guidance, but decreased 13% against prior year. Operating cash flow stood at $47.0 million, up $14.1 million on prior period. For

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Wellcom Group Ltd – Strengthening Performance Via Acquisitions

Strengthening performance via acquisitions: Wellcom Group Ltd.’s (ASX: WLL) first half financial year 2015 net revenue of $52.11 million surged 26% over the same period a year ago. This was led by the acquisitions such as that of Dippin’ Sauce (US), in conjunction with organic sales growth across all segments. Profit after tax from continuing operations rose 16% to $5.39

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Iluka Resources Ltd Enhanced Volumes To Offset Pricing Pressure

Enhanced volumes to offset pricing pressure: The shares of Iluka Resources Ltd (ASX: ILU) surged 14.61% (as of February 24, 2016) in just last four weeks as the group was able to improve its volumes by controlling costs to offset the ongoing commodity prices turmoil. ILU delivered a sales revenue rise for zircon, rutile, and synthetic rutile (Z/R/SR) by 17%

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