West Australian Newspapers

West Australian Newspapers Holdings (WAN)

Stock Code

WAN

Stock Exchange

ax

West Australian Newspapers Holdings Limited (WAN) is a company engaged in commercial printing, newspaper publishing, and radio broadcasting as well as in providing radio communication facility and cinema advertising, cinema exhibition and film distribution industries. WAN was listed on the Australian Stock Exchange on the 9th of January 1992. Its average annual revenue reaches approximately $447 million out of its issued capital of approximately $112 million. Its headquarters is located in Osborne Park, Australia and to date; around 1,400 people are employed in the company.

Kerry Stokes' Seven Deal Approved


A $4.1 billion dollar merger was approved by shareholders by West Australian Newspapers (ASX:WAN) and Seven Media Group (ASX:SVW) and will now be called Seven West Media. The merger will combine the interests of Seven Media's television, print and Internet business with that of West Australian Newspapers' print business.

West Australian Newspapers Dividends

25 August, 2010 - 10:01

Study the historical dividends for WEST AUSTRALIAN NEWSPAPERS HOLDINGS LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive WAN dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the WAN dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.

West Australian Newspapers Profit Rise


West Australian Newspaper Holdings (ASX:WAN), have announced a full year net income of $96.2 million, a 10 percent rise compared to the previous year. Net revenue was down 2.1 percent to $409.2 million. The results reflect a recovery after 2009 when it spent $13.672 million on staff redundancies.

West Australian Newspapers Dividend

West Australian Newspapers (WAN): Winner


West Australian Newspapers (WAN) was the best performing shares among the shares listed on the ASX100 index (Winner of the Week for week 12 of 2007). The media and publishing company gained 9.68 percent or $1.38 during the week to close at $15.63. The All Ordinaries closed the week at 5978.8 and the ASX200 index closed at 5995.

West Australian Newspapers (WAN): Loser


West Australian Newspapers (WAN) was the worst performing company on the ASX100 index this week (Loser of the week for week 10 of 2007). This media conglomerate lost a dollar to close 6.33 percent lower fir the week at $14.80. The All Ordinaries closed the week at 5817.8 while the ASX200 index closed at 5836.3.

Australian Newsprint Paper Prices


Market analyst UBS has provided guidance as to Australian newsprint paper prices. The analyst predict that FY08 newsprint prices are likely to be down. The pricing period for FY08 Australian newsprint has started. Recent weakness in the US dollar price and Australian dollar strength could mean that Aussie dollar contracted price actually declines - markedly at odds with our previous assumption of a further 7% hike.

West Australian Newspapers (WAN) Stock Recommendation


Citigroup have maintained their Hold (2M) rating for the West Australian Newspapers (WAN) stock, while lifting their share price target to $8.60 from $7.80. The analyst notes that while "very strong 7.4% growth in advertising revenues in 1QF07 to-date is unlikely to be sustainable against a backdrop of rising interest rates and slowing retail spending", "management views current TWA EBIT margin of 43.3% as sustainable".

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