SWM 6.45% 16.5¢ seven west media limited

Is SWM going to downgrade?

  1. HSP
    4,103 Posts.
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    imo,

    SWM is going to downgrade soon as a hint from NEC announcement.


    "12 October 2018: Nine Entertainment (ASX:NEC) has today provided a trading update ahead of theexpected release of the Scheme booklet relating to the merger of Nine and Fairfax Media (ASX:FXJ).Since the end of FY18, while the Metro FTA advertising market has been slightly softer thanexpected, Nine’s share has been ahead. As a result, for the September quarter of FY19, Nine’sMetro FTA advertising revenue was broadly flat on Q1 FY18, adjusted for the one less week inFY19. "


    Nine’s share has been ahead-------->SWM had lost some market share

    the Metro FTA advertising market has been slightly softer thanexpected-------->SWM would be much worse than expected


 
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