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Eros

October 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:
  • 448p
Eros issued a string of announcements this month. The mostsignificant was that Eros has put in place a $100m 5-year acquisitionfinancing facility to support its strategy of consolidating thefragmented Indian entertainment content sector. That was followed two weeks later with news that together with SonyPictures Eros will co-invest in a slate of Bollywood films. Under theterms of the agreement, the two companies will jointly develop, produceand acquire a number of films; Sony will distribute the titles in theUnited States and Eros will distribute the films in other internationalterritories. The two companies will work jointly in India. Very solid growth is projected; buy on a two year view. ...

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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

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