Several significant corporate transactions saw us add Seven Group Holdings (ASX:SVW) to our portfolio during the September quarter. These included: Show More
seven
Seven Group Holdings, is struggling with the mining downturn that has hurt its Caterpillar distribution business, WesTrac. The tough trading conditions have cut earnings and its share price, which has fallen from over $9 last year to $6.80. But the fall has created significant value and a solid dividend yield,... Show More
What to do with TEN? Last week's downgrade and the revival of corporate interest reminds us of when Kerry Stokes first acquired 20% of SEVEN in 1996. SEVEN was struggling after making a disastrous upfront inventory pricing mistake, and the power factor (TV revenues/TV Ratings) fell to 88%. Stokes capitalised... Show More