FXJ 0.00% 66.0¢ fairfax media limited

Good early test for Prime Minister English and ComCom? If they...

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  1. 12,929 Posts.
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    Good early test for Prime Minister English and ComCom? If they were allowed to buy NZME, that would/ should increase the SP.

    Good for sholders, not good for politics in NZ, which is just recovering from a flag debate and the clueless Key(less).

    As a Corbynite/ Clintonista, I think Andrew Little needs a bit more than the Non-Pakeha Zool Herald and NZME supporting him but sholders will enjoy good new earnings forecasts, EBITDA and NTAs with their current SP, should go well over $1 probably more in the mid 150s.

    Little if still leader and in Wellington would need a National implosion involving Premier House, Bennett, an EQC or a number of earthquakes and a Mt Erebus type catastrosphe to get elected IMHO.

    But it will be enjoyable seeing the FXJ SP go up all the expense of kiwi common sense.
    Last edited by JCoure: 27/01/17
 
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