It looks like FY2017 is going to be a very tough year for BYI.
Page 20 of the AGM address indicates that all business units will be facing headwinds this year.
BYI is still unable to fill the big hole left by the discontinued Mythbusters. Hopefully the newly commissioned Mythbusters Reboot will be able to mitigate this somewhat.
In Home Entertainment, it looks like BYI continues to be at the mercy of the retailers who expect BYI to fund their aggressive discounting and also pay for shelf space.
The digital business continues to be a basket case with no signs of turning around.
At this stage, I can't actually see any catalysts that can reverse BYI's recent bouts of misfortune.
BYI Price at posting:
$1.20 Sentiment: None Disclosure: Not Held