MultiChoice set to post big earnings improvement

[Bradley Prior]

MultiChoice set to post big earnings improvement

MultiChoice has released a trading statement ahead of its interim financial results for the six months ended 30 September 2019, stating that it expects to post a significant increase in earnings.

“Compared to the group’s results for the six months ended 30 September 2018, the group expects core headline earnings per share for the current period to be between 20% and 25% higher than the prior year´s 352 ZAR cents,” MultiChoice stated.

 

[Azg]

Thanks to Steve!

 

[Swa]

Yet they won't decrease prices but somehow expect us to believe their costs have risen.

 

[Symphonized]

Is this a copy of companies that over estimated the quarter revenue to bolster its value like so many in the past and end up in big trouble?
One can only hope.

 

[mercurial]

Every week there are contradicting articles. Are they struggling or not?

 

[Happy Days]

Every week there are contradicting articles. Are they struggling or not?

Struggling when needed - to justify less content while maintaining the same price.

 

[TheChamp]

Every week there are contradicting articles. Are they struggling or not?

Under pressure not struggling, you must be confusing them with the SABC.

 

[krycor]

Cool.. but longer term their prospects can’t be good..