Greg Dean
Nine entertainment Holdings
NEC-ASX
DON'T BUY
Jul 14, 2025
It is the largest LBO in Australia to go down during the financial crisis. It has a very high payout ratio with a 7% yield and too much debt. The business of broadcast outlets is a tough one because there is lots of inflation. It is hard to invest for growth when a company is paying most of its cash intake in dividends.
It is the largest LBO in Australia to go down during the financial crisis. It has a very high payout ratio with a 7% yield and too much debt. The business of broadcast outlets is a tough one because there is lots of inflation. It is hard to invest for growth when a company is paying most of its cash intake in dividends.