a frustriting stock, page-11

As usual Tiger, I agree with you. I don't think the major acquisition with be FXJ, as E&E suggested earlier: FXJ is quite heavily laden in debt and there are doubts surrounding the long-term viability of its businesses. FXJ's newspapers are not monopoly papers, unlike WAN, so I get the feeling that SEV would be too interested in a takeover.

Certainly pay TV seems to be the business to be in. Hopefully SEV won't be buying any more engineering businesses or similar!

The future of SEVPC depends partly on whether SEV can make a major acquisition by May 2010 (or is planning one).