image

The best stocks to buy since 1993

Latest issue now available

Eros

March 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • EROS
  • Price:
  • 388p
Eros has announced a five year deal with Sony Entertainment Television, one of the leading channels in India, where it will provide Sony with exclusive satellite rights on a worldwide basis for a number of Bollywood films on its catalogue. The transaction covers only 10% of Eros’ catalogue including recent theatrical hits of Salaam-E-Ishq, Lage Raho Muuna Bhai and Eklavya but it was enough to send the shares to a new high. Following the deal, broker Evolution commented that “Eros is clearly on target to deliver annualised pretax growth >40% over the next couple of years. The market has begun to wake up to this fact and has started to push the shares higher. However, they are only trading on a P/E of 23x. This p ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe