ETC entertainment media & telecoms corporation limited

re: today's pierpont article, fin review Hi Mr Magoo,Just to...

  1. SCD
    3,438 Posts.
    re: today's pierpont article, fin review Hi Mr Magoo,

    Just to balance this article with the response I received from My Dykes late this afternoon.

    One of the key things he drew my attention to was...

    A transaction announced yesterday, the acquisition of 65% of Maginet, the largest VOD player in the Asia/Pacific market with approx 140,000 rooms.

    The deal was for approx $70M, valuing the business @ approx $110M or $785/room.

    This values the EMT business, based on 32,000 rooms @ approx $25M.

 
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