Village Roadshow (VRL.AU)- A Box Office Hit!
VRL look set to deliver a solid FY15 on 21/8/15. One of the main drivers for this resurgence has been the influx of Chinese tourists coming in their droves taking advantage of a Falling A$. Chinese outbound travel continues to grow rapidly, with the number of overseas trips taken surpassing 100mln in 2014, +19% yoy and on track to smash that number this CY. Village offers tourists the best in Leisure activities via its Film & Theme Parks business. VRL has stated its FY result will be a all-time record, based on a much stronger film schedule, growing bias to water parks rather traditional theme parks assisting in lifting margins and limiting capex and the prospect of another special dividend at end FY15 given the defensive nature of its earnings streams. With headline films such as Mad Max, Fast & Furious & the Avengers breaking records at the Box office, upside risk around further weakness in the A$ and a ~5% fully franked dividend yield make VRL a standout exposure. BUY (VIEW LINK)
James' personality exhibits a strong passion for the share market, born out of his hard working and loyal nature which compliments his outstanding commitment to client service and an unmatched level of enthusiasm. James has been working @ Baillieu...
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