On the Morning Mail today, David is joined by Senior Research Analyst Tony Wilson. While a number of companies under his coverage have reported their first half results this week, we touch on a small number today.
Both Ten Network Holdings Ltd and West Australian Newspapers Holdings Ltd released results and significant announcements this week. We comment on the challenges that media companies face and issues investors need to take into account when considering an investment in this sector.
David Jones Ltd’s result was broadly in line with Tony’s expectations and we highlight the quality of their business compared to competitor Myer Holdings Ltd. Brief comment is made on Australian Infrastructure Fund’s result also.
