Hold tight till 2019-2020

Fortunes can change quickly. All the negative press AH, big loss, debt problems are now past with today results and presentation. Like the direction from management so far.. slim and agile mantra, cut dividend for paying off debt or waiting for right opportunities. Certainly a long hold for me, end of 2019-2020. Good savings on the way with Sporting exorbitant fees to be renegotiated to more earthly prices, restructuring of non performing divisions, job cuts. From the past months trading history feel institutional buyers have already taken positions after having the share price drop down to historical lows pushing aside impatient retail investors. Expect a winner hold tight. TV is certainly not going to die in three years time, jump in profits is proof to that.