Time Warner Inc

TWX-N

NYSE:TWX

98.77
0.00 (0.00%)
Time Warner, Inc. is an American multinational mass media and entertainment conglomerate headquartered in New York City. It is currently the world's third largest entertainment company in terms of revenue, after Comcast and The Walt Disney Company.
More at Wikipedia

Analysis and Opinions about TWX-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
February 6, 2019
(A Top Pick Jan 30/18, Up 5%) He bought this back believing the AT&T merger would go through--and it did. It worked out for him.
Time Warner Inc (TWX-N)
February 6, 2019
(A Top Pick Jan 30/18, Up 5%) He bought this back believing the AT&T merger would go through--and it did. It worked out for him.
Gordon Reid
President, GoodReid Investment Counsel
Price
$98.770
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 19, 2018
(A Top Pick Jan 30/18, Up 5%) This stock was bought by AT&T back in June 2018. The US Justice Department originally challenged the takeover, which had given him another opportunity to buy and profit along the way. He would not be interested in owning AT&T as he does not like the direction they are going -- buying DirectTV (which is highly capital intensive).
Time Warner Inc (TWX-N)
December 19, 2018
(A Top Pick Jan 30/18, Up 5%) This stock was bought by AT&T back in June 2018. The US Justice Department originally challenged the takeover, which had given him another opportunity to buy and profit along the way. He would not be interested in owning AT&T as he does not like the direction they are going -- buying DirectTV (which is highly capital intensive).
Gordon Reid
President, GoodReid Investment Counsel
Price
$0.000
Owned
_N/A
TOP PICK
TOP PICK
January 30, 2018

Sold this in 2017 at $99 on the proposed acquisition by AT&T. He did very well with it, but there was a bit of a deal risk on the table that came to fruition. However, the Justice Department didn't like the deal and were going to sue AT&T and block the deal. It was in court, and the stock fell into the low $90s, and he repurchased it. He would have been happy if the Justice Department had lost. The company will make about $6.75 in this fiscal year. Even if they lose, he is happy owning it. The stock will react negatively but it will recover. Dividend yield of 1.7%. (Analysts' price target is $103.61.)

Time Warner Inc (TWX-N)
January 30, 2018

Sold this in 2017 at $99 on the proposed acquisition by AT&T. He did very well with it, but there was a bit of a deal risk on the table that came to fruition. However, the Justice Department didn't like the deal and were going to sue AT&T and block the deal. It was in court, and the stock fell into the low $90s, and he repurchased it. He would have been happy if the Justice Department had lost. The company will make about $6.75 in this fiscal year. Even if they lose, he is happy owning it. The stock will react negatively but it will recover. Dividend yield of 1.7%. (Analysts' price target is $103.61.)

Gordon Reid
President, GoodReid Investment Counsel
Price
$94.450
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 21, 2017

(A Top Pick June 15/16. Up 39%.) He still likes this, but sold his holdings. There is an outstanding offer by AT&T (T-N), which may or may not be approved.

(A Top Pick June 15/16. Up 39%.) He still likes this, but sold his holdings. There is an outstanding offer by AT&T (T-N), which may or may not be approved.

Gordon Reid
President, GoodReid Investment Counsel
Price
$99.250
Owned
No
SELL
SELL
June 13, 2017

Sell or wait for the merger with AT&T? This has to wait for more regulatory hurdles. It is obviously having a home run with Wonder Woman and have some more DC movies coming out this year, so earnings are doing quite well. This Disney (DIS-N) have been the best performing “on results” media companies. Expects there will be more consolidation. If you own, he would take profits and buy Disney (DIS-N). He wouldn’t want to own AT&T. (See Top Picks.)

Sell or wait for the merger with AT&T? This has to wait for more regulatory hurdles. It is obviously having a home run with Wonder Woman and have some more DC movies coming out this year, so earnings are doing quite well. This Disney (DIS-N) have been the best performing “on results” media companies. Expects there will be more consolidation. If you own, he would take profits and buy Disney (DIS-N). He wouldn’t want to own AT&T. (See Top Picks.)

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$99.200
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
May 10, 2017

(A Top Pick May 11/16. Up 36%.) Possibly being acquired by AT&T. The takeover price is a little over $100 a share and the stock is $98-$99, so there is a little bit of upside. The stock was about $76 before the takeover rumours, which is a lot of downside if the takeover falls through. He doesn’t like that ratio. There is a chance the takeover will not go through, so he would suggest you sell your holdings.

(A Top Pick May 11/16. Up 36%.) Possibly being acquired by AT&T. The takeover price is a little over $100 a share and the stock is $98-$99, so there is a little bit of upside. The stock was about $76 before the takeover rumours, which is a lot of downside if the takeover falls through. He doesn’t like that ratio. There is a chance the takeover will not go through, so he would suggest you sell your holdings.

John Burke
CEO & CIO, Burke Financial Strategies
Price
$98.740
Owned
No
COMMENT
COMMENT
May 2, 2017

Just sold his holdings about 4-6 weeks ago at $98.50, because he didn’t want to subject his clients’ capital to the deal risk, the risk that the deal would not happen. Pres. Trump said he didn’t like the deal, but has been very, very silent since then. Thinks it probably will happen.

Just sold his holdings about 4-6 weeks ago at $98.50, because he didn’t want to subject his clients’ capital to the deal risk, the risk that the deal would not happen. Pres. Trump said he didn’t like the deal, but has been very, very silent since then. Thinks it probably will happen.

Gordon Reid
President, GoodReid Investment Counsel
Price
$99.330
Owned
No
PAST TOP PICK
PAST TOP PICK
March 1, 2017

(A Top Pick May 11/16. Up 36%.) He’s been selling because he has gotten such a good return and is afraid the deal might not go through. If it doesn’t go through, the stock is going to go back down. If you are a US investor, you want to wait for a year because then it turns long-term and you pay a lower tax rate.

(A Top Pick May 11/16. Up 36%.) He’s been selling because he has gotten such a good return and is afraid the deal might not go through. If it doesn’t go through, the stock is going to go back down. If you are a US investor, you want to wait for a year because then it turns long-term and you pay a lower tax rate.

John Burke
CEO & CIO, Burke Financial Strategies
Price
$98.900
Owned
No
BUY
BUY
November 30, 2016

Believes today’s price makes this a Buy. It had a bit of a failed deal with 21st-Century Fox a couple of years ago, where they offered in the mid-$80. AT&T has now come in and offered $107.50, half in stock and half in cash. The stock is trading at a fairly good discount to that because of the deal risk. There is concern that the deal might not be approved, but many are thinking that under a Republican administration there is a good chance it might be approved. He thinks it will make $6.25-$6.50 a share in earnings. It has significant free cash flow. This is probably the least affected of all the media companies to cord cutting. They have HBO over the top, so they can now stream it to about 15 million US households without a cable connection.

Time Warner Inc (TWX-N)
November 30, 2016

Believes today’s price makes this a Buy. It had a bit of a failed deal with 21st-Century Fox a couple of years ago, where they offered in the mid-$80. AT&T has now come in and offered $107.50, half in stock and half in cash. The stock is trading at a fairly good discount to that because of the deal risk. There is concern that the deal might not be approved, but many are thinking that under a Republican administration there is a good chance it might be approved. He thinks it will make $6.25-$6.50 a share in earnings. It has significant free cash flow. This is probably the least affected of all the media companies to cord cutting. They have HBO over the top, so they can now stream it to about 15 million US households without a cable connection.

Gordon Reid
President, GoodReid Investment Counsel
Price
$91.820
Owned
Yes
PAST TOP PICK
PAST TOP PICK
October 18, 2016

(Top Pick Nov 4/15, Up 12.16%) It is still under loved. This is a content company with HBO, CNN, People, and Warner studios. It is a content and delivery company. It is exiting and they have the ability to grow. They are the least affected by cord cutting. It is an attractive entry point.

Time Warner Inc (TWX-N)
October 18, 2016

(Top Pick Nov 4/15, Up 12.16%) It is still under loved. This is a content company with HBO, CNN, People, and Warner studios. It is a content and delivery company. It is exiting and they have the ability to grow. They are the least affected by cord cutting. It is an attractive entry point.

Gordon Reid
President, GoodReid Investment Counsel
Price
$79.510
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
August 22, 2016

(Top Pick May 11/16, Up 9.12%) Consumer discretionary. There were fears that Netflix was the new model and so the stock was down. The content creators were still going to do fine. Great numbers and it should grow over the next couple of years at least 20%. PE is 10-15% below the market.

Time Warner Inc (TWX-N)
August 22, 2016

(Top Pick May 11/16, Up 9.12%) Consumer discretionary. There were fears that Netflix was the new model and so the stock was down. The content creators were still going to do fine. Great numbers and it should grow over the next couple of years at least 20%. PE is 10-15% below the market.

John Burke
CEO & CIO, Burke Financial Strategies
Price
$80.510
Owned
Yes
TOP PICK
TOP PICK
June 15, 2016

In his opinion they have the least exposure to the cord cutting phenomenon that is going on in the US with the unbundling of cable packages, meaning fewer subscribers. They have fairly valuable properties of Warner Bros. and HBO. Their initiative to stream HBO has been quite successful. Not expensive. Trading at about 4 multiple points cheaper than Disney (DIS-N), and growing at about 15% a year. Dividend yield of 2.21%.

In his opinion they have the least exposure to the cord cutting phenomenon that is going on in the US with the unbundling of cable packages, meaning fewer subscribers. They have fairly valuable properties of Warner Bros. and HBO. Their initiative to stream HBO has been quite successful. Not expensive. Trading at about 4 multiple points cheaper than Disney (DIS-N), and growing at about 15% a year. Dividend yield of 2.21%.

Gordon Reid
President, GoodReid Investment Counsel
Price
$72.880
Owned
Yes
TOP PICK
TOP PICK
May 11, 2016

Feels media companies are cheap. This is still 20% below where it was in January last year. Expects profits will increase by more than 20% over the next 2 years, at a below market P/E ratio. Dividend yield of 2.17%.

Feels media companies are cheap. This is still 20% below where it was in January last year. Expects profits will increase by more than 20% over the next 2 years, at a below market P/E ratio. Dividend yield of 2.17%.

John Burke
CEO & CIO, Burke Financial Strategies
Price
$74.140
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 3, 2016

(A Top Pick May 5/15. Down 10.27%.) Really likes this company. They tripped up by projecting earnings through 2018 of $8, and are just not going to get there, so the market has punished them a little. This media company is really monetizing their content very well through HBO, the over-the-top streaming model. Will probably earn around $6 next year, so it is not expensive. They are not as affected by cord cutting as other media companies. Still a Buy.

(A Top Pick May 5/15. Down 10.27%.) Really likes this company. They tripped up by projecting earnings through 2018 of $8, and are just not going to get there, so the market has punished them a little. This media company is really monetizing their content very well through HBO, the over-the-top streaming model. Will probably earn around $6 next year, so it is not expensive. They are not as affected by cord cutting as other media companies. Still a Buy.

Gordon Reid
President, GoodReid Investment Counsel
Price
$73.640
Owned
Yes
COMMENT
COMMENT
March 23, 2016

A media company that owns HBO, CNN and Turner Broadcast. From a “cutting the cord” standpoint and a potential loss standpoint, this is probably the better positioned as compared to Disney (DIS-N), because HBO tends to be a one-off and historically hasn’t been a packaged product universally. Also, it is doing “over the top” streaming to people outside of the cable system. The street has had them in the penalty box for couple of years. He has found that this type of thing generally dissipates.

Time Warner Inc (TWX-N)
March 23, 2016

A media company that owns HBO, CNN and Turner Broadcast. From a “cutting the cord” standpoint and a potential loss standpoint, this is probably the better positioned as compared to Disney (DIS-N), because HBO tends to be a one-off and historically hasn’t been a packaged product universally. Also, it is doing “over the top” streaming to people outside of the cable system. The street has had them in the penalty box for couple of years. He has found that this type of thing generally dissipates.

Gordon Reid
President, GoodReid Investment Counsel
Price
$70.690
Owned
Yes
COMMENT
COMMENT
November 25, 2015

A big US media conglomerate. It has HBO which is a very good asset. She prefers Disney (DIS-N) in that ESPN is a more coveted asset in terms of change in the way media is distributed. This would be her 2nd name in the space if she wanted to add another name.

Time Warner Inc (TWX-N)
November 25, 2015

A big US media conglomerate. It has HBO which is a very good asset. She prefers Disney (DIS-N) in that ESPN is a more coveted asset in terms of change in the way media is distributed. This would be her 2nd name in the space if she wanted to add another name.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$70.300
Owned
No
COMMENT
COMMENT
November 17, 2015

This has more of the B brands. If, as a media company, you are monetizing content, they have a stable of brands that they can take forward and monetize and do some really interesting things. If he were going to play this theme, he would do it with someone who can monetize the content the best, and that is Disney (DIS-N), which has parks, consumer products, etc. and can also defend against cord cutting better.

Time Warner Inc (TWX-N)
November 17, 2015

This has more of the B brands. If, as a media company, you are monetizing content, they have a stable of brands that they can take forward and monetize and do some really interesting things. If he were going to play this theme, he would do it with someone who can monetize the content the best, and that is Disney (DIS-N), which has parks, consumer products, etc. and can also defend against cord cutting better.

Cameron Hurst
Chief Investment Officer, Equium Capital Management
Price
$70.460
Owned
Unknown
TOP PICK
TOP PICK
November 4, 2015

This fell on its earnings forecast. They said they were seeing ad revenues being challenged. This is well set up to exist in the world, in spite of cord cutting. A longer term play on content and delivery, and is very well positioned to take advantage of that. Dividend yield of 1.94%.

Time Warner Inc (TWX-N)
November 4, 2015

This fell on its earnings forecast. They said they were seeing ad revenues being challenged. This is well set up to exist in the world, in spite of cord cutting. A longer term play on content and delivery, and is very well positioned to take advantage of that. Dividend yield of 1.94%.

Gordon Reid
President, GoodReid Investment Counsel
Price
$72.200
Owned
Yes
BUY
BUY
September 24, 2015

No matter how people get their media, they still need content, and that industry got whacked with the cable companies. Only .3% of US households gave up cable service this year.

Time Warner Inc (TWX-N)
September 24, 2015

No matter how people get their media, they still need content, and that industry got whacked with the cable companies. Only .3% of US households gave up cable service this year.

David Baskin
President, Baskin Wealth Management
Price
$67.620
Owned
Unknown
BUY
BUY
September 10, 2015

There has been a broad selloff in the whole space. There is a lot of disruption in the space with names like Netflix, things happening in the future with Apple (AAPL-Q) and others. This has been a great place to be and he thinks it is still a great place to be. Original content is important. This is one that would interest him here.

Time Warner Inc (TWX-N)
September 10, 2015

There has been a broad selloff in the whole space. There is a lot of disruption in the space with names like Netflix, things happening in the future with Apple (AAPL-Q) and others. This has been a great place to be and he thinks it is still a great place to be. Original content is important. This is one that would interest him here.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$70.710
Owned
No
PAST TOP PICK
PAST TOP PICK
August 26, 2015

(A Top Pick Aug 20/14. Down 5.42%.) Had an absolute stellar report and still the stock got hurt. It is all around this “cord cutting” concept of the advertising model changing from traditional advertising on media mostly TV through cable. This is one of the least affected of all of the media companies. He is very happy with this and it is getting more and more enticing.

Time Warner Inc (TWX-N)
August 26, 2015

(A Top Pick Aug 20/14. Down 5.42%.) Had an absolute stellar report and still the stock got hurt. It is all around this “cord cutting” concept of the advertising model changing from traditional advertising on media mostly TV through cable. This is one of the least affected of all of the media companies. He is very happy with this and it is getting more and more enticing.

Gordon Reid
President, GoodReid Investment Counsel
Price
$71.670
Owned
Yes
BUY
BUY
July 22, 2015

Time Warner (TWX-N) versus Disney (DIS-N)? Both are great companies. This one has a better valuation profile and is not as expensive. It is a content company. It has CNN, People’s Magazine as well as HBO. HBO is a very exciting opportunity for them. They just introduced an over-the-top option that is making HBO available to people who don’t have a cable subscription. They are committed to return of capital to stakeholders. They expect they will make $6 in 2016 and $8 in 2018, which is a very exciting prospect for investors.

Time Warner (TWX-N) versus Disney (DIS-N)? Both are great companies. This one has a better valuation profile and is not as expensive. It is a content company. It has CNN, People’s Magazine as well as HBO. HBO is a very exciting opportunity for them. They just introduced an over-the-top option that is making HBO available to people who don’t have a cable subscription. They are committed to return of capital to stakeholders. They expect they will make $6 in 2016 and $8 in 2018, which is a very exciting prospect for investors.

Gordon Reid
President, GoodReid Investment Counsel
Price
$88.720
Owned
Yes
DON'T BUY
DON'T BUY
May 19, 2015

You could find better returns in a name like Disney (DIS-N), which is based on the content side. This is more on the class of distribution side of things. Internet service, etc. is a space that is very competitive. (See Top Picks.)

You could find better returns in a name like Disney (DIS-N), which is based on the content side. This is more on the class of distribution side of things. Internet service, etc. is a space that is very competitive. (See Top Picks.)

Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$85.710
Owned
No
TOP PICK
TOP PICK
May 5, 2015

A media and content company that owns HBO and CNN. As much as people try to create the idea that content is no longer as important as it once was, the delivery systems are just pipes and can be good investments, but content is going to drive interest. HBO is doing extremely well. Have just come out with an over the top option, a streaming media delivery. Dividend yield of 1.65%.

A media and content company that owns HBO and CNN. As much as people try to create the idea that content is no longer as important as it once was, the delivery systems are just pipes and can be good investments, but content is going to drive interest. HBO is doing extremely well. Have just come out with an over the top option, a streaming media delivery. Dividend yield of 1.65%.

Gordon Reid
President, GoodReid Investment Counsel
Price
$84.450
Owned
Yes
COMMENT
COMMENT
March 30, 2015

There are rumours swirling in this whole area. The company has a made a very strong case that they are a very viable standalone operation. Their objective is to make $6 a share in 2016 and $8 a share by 2018.

Time Warner Inc (TWX-N)
March 30, 2015

There are rumours swirling in this whole area. The company has a made a very strong case that they are a very viable standalone operation. Their objective is to make $6 a share in 2016 and $8 a share by 2018.

Gordon Reid
President, GoodReid Investment Counsel
Price
$85.300
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 25, 2015

(A Top Pick Feb 26/14. Up 36.12%.) Had a takeover offer at $85, and he thinks they were wise in turning it down. This company is motivated to return capital to shareholders and stakeholders. Have highlighted long-term goals of $6 a share in 2016 and $8 a share in 2018. If they are anywhere near to getting to those levels, the stock will go much, much higher.

Time Warner Inc (TWX-N)
February 25, 2015

(A Top Pick Feb 26/14. Up 36.12%.) Had a takeover offer at $85, and he thinks they were wise in turning it down. This company is motivated to return capital to shareholders and stakeholders. Have highlighted long-term goals of $6 a share in 2016 and $8 a share in 2018. If they are anywhere near to getting to those levels, the stock will go much, much higher.

Gordon Reid
President, GoodReid Investment Counsel
Price
$82.490
Owned
Yes
BUY
BUY
January 5, 2015

There was a bid to purchase it from FOX and it did not go through. They have HBO and it would be a great fit with FOX. It is not cheap. But it is one of the core assets if you are going to own media stocks.

Time Warner Inc (TWX-N)
January 5, 2015

There was a bid to purchase it from FOX and it did not go through. They have HBO and it would be a great fit with FOX. It is not cheap. But it is one of the core assets if you are going to own media stocks.

Peter Mann
Portfolio Manager, Gluskin Scheff & Assoc.
Price
$83.240
Owned
No
COMMENT
COMMENT
December 4, 2014

Up 26% year to date, but the shares are trading at 20X earnings. Will probably grow at 10%. He prefers Lions Gate Entertainment (LGF-N).

Time Warner Inc (TWX-N)
December 4, 2014

Up 26% year to date, but the shares are trading at 20X earnings. Will probably grow at 10%. He prefers Lions Gate Entertainment (LGF-N).

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$84.660
Owned
Unknown
BUY
BUY
November 24, 2014

Continues to like this. In the earlier innings of their progression. They are doing some very interesting things. They’ve got HBO Go and are providing this through streaming format to the 10 million+ households in the US, that don’t have cable or satellite. This is the coming thing. Thinks this company is going to be one of the winners here. They’ve stated that they will do $6 a share in earnings in 2016 and $8 in 2018. This is a high growth trajectory.

Time Warner Inc (TWX-N)
November 24, 2014

Continues to like this. In the earlier innings of their progression. They are doing some very interesting things. They’ve got HBO Go and are providing this through streaming format to the 10 million+ households in the US, that don’t have cable or satellite. This is the coming thing. Thinks this company is going to be one of the winners here. They’ve stated that they will do $6 a share in earnings in 2016 and $8 in 2018. This is a high growth trajectory.

Gordon Reid
President, GoodReid Investment Counsel
Price
$81.430
Owned
Yes
DON'T BUY
DON'T BUY
October 9, 2014

(Market Call Minute) Likes the space. The stock has been quite volatile in the last little bit.

Time Warner Inc (TWX-N)
October 9, 2014

(Market Call Minute) Likes the space. The stock has been quite volatile in the last little bit.

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$72.070
Owned
No
BUY
BUY
September 30, 2014

Is one of his holdings in US large cap. There was turmoil with 21st century making an offer, causing a $10 pop, then they backed away and it seemed ill managed. He was not unhappy they walked away. Many of his best companies have been owned for a decade+. It has lots of opportunity here. They have great franchises. The whole media play deserves a premium in this environment. He has nothing else in the sector. DIS-N got too expensive and he felt it was exhausted.

Time Warner Inc (TWX-N)
September 30, 2014

Is one of his holdings in US large cap. There was turmoil with 21st century making an offer, causing a $10 pop, then they backed away and it seemed ill managed. He was not unhappy they walked away. Many of his best companies have been owned for a decade+. It has lots of opportunity here. They have great franchises. The whole media play deserves a premium in this environment. He has nothing else in the sector. DIS-N got too expensive and he felt it was exhausted.

Gordon Reid
President, GoodReid Investment Counsel
Price
$75.210
Owned
Yes
TOP PICK
TOP PICK
August 20, 2014

Up 33% in the last year. This has long term great opportunities. He is happy with this one long-term. Stock will trade over $100.

Time Warner Inc (TWX-N)
August 20, 2014

Up 33% in the last year. This has long term great opportunities. He is happy with this one long-term. Stock will trade over $100.

Gordon Reid
President, GoodReid Investment Counsel
Price
$77.020
Owned
Yes
HOLD
HOLD
July 24, 2014

Had an offer from 20th Century Fox, which was rejected. Expects that this was just the initial salvo, and there is much more to follow. At this price, it really doesn’t represent a premium at all. Trading right now at about 18X earnings.

Had an offer from 20th Century Fox, which was rejected. Expects that this was just the initial salvo, and there is much more to follow. At this price, it really doesn’t represent a premium at all. Trading right now at about 18X earnings.

Gordon Reid
President, GoodReid Investment Counsel
Price
$84.010
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 26, 2014

(Top Pick Jun 19/13, Up 26.73%) They spun out Time Inc. He sold that. TWX-N is still a great story. HBO is a big winner. Producing a lot of great series. 15 times Earnings. Good steady eddy for him.

(Top Pick Jun 19/13, Up 26.73%) They spun out Time Inc. He sold that. TWX-N is still a great story. HBO is a big winner. Producing a lot of great series. 15 times Earnings. Good steady eddy for him.

Gordon Reid
President, GoodReid Investment Counsel
Price
$69.400
Owned
Yes
BUY
BUY
March 19, 2014

Owns Warner Studios, HBO, CNN. They are spinning off Time and People in their print division. Basically competing with a lot of other media groups out there for your attention. With mobility, they are getting it which just increases the franchise value. Trades at about 15X earnings. Thinks there is big opportunity for big price appreciation.

Time Warner Inc (TWX-N)
March 19, 2014

Owns Warner Studios, HBO, CNN. They are spinning off Time and People in their print division. Basically competing with a lot of other media groups out there for your attention. With mobility, they are getting it which just increases the franchise value. Trades at about 15X earnings. Thinks there is big opportunity for big price appreciation.

Gordon Reid
President, GoodReid Investment Counsel
Price
$67.080
Owned
Yes
TOP PICK
TOP PICK
February 26, 2014

15 times earnings vs. DIS-N at 20. It is about their digital platform. HBO is making wonderful films and series. Not at an expensive multiple.

Time Warner Inc (TWX-N)
February 26, 2014

15 times earnings vs. DIS-N at 20. It is about their digital platform. HBO is making wonderful films and series. Not at an expensive multiple.

Gordon Reid
President, GoodReid Investment Counsel
Price
$64.690
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 18, 2014

(A Top Pick April 19/13. Up 11.58%.) There are a lot of good things financially happening with this company. When they don’t need their money to run their business, they buy back stocks and increase their dividends.

Time Warner Inc (TWX-N)
February 18, 2014

(A Top Pick April 19/13. Up 11.58%.) There are a lot of good things financially happening with this company. When they don’t need their money to run their business, they buy back stocks and increase their dividends.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$65.300
Owned
Yes
COMMENT
COMMENT
November 29, 2013

Do you like the US entertainment and media sector such as Comcast (CMCSA-Q) and Time Warner (TWX-N)? A great area to be looking at right now. Everything now is about content and the media companies are the guys at control content. There are going to be more acquisitions and you want to own the right properties. (See Top Picks.)

Time Warner Inc (TWX-N)
November 29, 2013

Do you like the US entertainment and media sector such as Comcast (CMCSA-Q) and Time Warner (TWX-N)? A great area to be looking at right now. Everything now is about content and the media companies are the guys at control content. There are going to be more acquisitions and you want to own the right properties. (See Top Picks.)

John Zechner
Chairman, J. Zechner & Assoc
Price
$65.710
Owned
Unknown
BUY
BUY
November 1, 2013

Essentially a content provider. They do HBO and own the NCAA content and the Warner Bros. catalogue. Looking for them to monetize the assets that they have. This is currently in the early stages. Generates a significant amount of cash flow. Great place to be over the next several years. Good management team. Trading at 18X which is fairly valued.

Time Warner Inc (TWX-N)
November 1, 2013

Essentially a content provider. They do HBO and own the NCAA content and the Warner Bros. catalogue. Looking for them to monetize the assets that they have. This is currently in the early stages. Generates a significant amount of cash flow. Great place to be over the next several years. Good management team. Trading at 18X which is fairly valued.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$68.810
Owned
Yes
PAST TOP PICK
PAST TOP PICK
October 4, 2013

(A Top Pick Sept 20/12. Up 45.19%.) The big catalyst for this company is HBO.

Time Warner Inc (TWX-N)
October 4, 2013

(A Top Pick Sept 20/12. Up 45.19%.) The big catalyst for this company is HBO.

Gordon Reid
President, GoodReid Investment Counsel
Price
$66.460
Owned
Yes
TOP PICK
TOP PICK
September 19, 2013

You are not paying an egregious valuation for this stock. An almost pure play on content. The catalyst that has popped up is that they are going to spin off Time Inc. because it is a lower margin business. Thinks they can monetize the HBO franchise, movies, etc. over multiple years and across multiple geographies. Handset makers and content people all want high quality content. Very low CapX the longer the product exists.

Time Warner Inc (TWX-N)
September 19, 2013

You are not paying an egregious valuation for this stock. An almost pure play on content. The catalyst that has popped up is that they are going to spin off Time Inc. because it is a lower margin business. Thinks they can monetize the HBO franchise, movies, etc. over multiple years and across multiple geographies. Handset makers and content people all want high quality content. Very low CapX the longer the product exists.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$64.400
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 12, 2013

(A Top Pick April 19/13. Up 3.48%.) In the process of spinning off their magazines and really becoming a content pure play. Everybody out there needs content and this is a very good business model.

(A Top Pick April 19/13. Up 3.48%.) In the process of spinning off their magazines and really becoming a content pure play. Everybody out there needs content and this is a very good business model.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$61.700
Owned
Yes
TOP PICK
TOP PICK
June 19, 2013

A media company. They own Warner Bros. and HBO which is doing very well with TV everywhere. Good valuation and lots of growth.

A media company. They own Warner Bros. and HBO which is doing very well with TV everywhere. Good valuation and lots of growth.

Gordon Reid
President, GoodReid Investment Counsel
Price
$57.860
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 3, 2013

(Top Pick Apr 19/13, Down 2.59%) Still believes in them. They reported a mixed quarter. This is a good opportunity to go in and buy the stock. 2% dividend and 14 times earnings.

(Top Pick Apr 19/13, Down 2.59%) Still believes in them. They reported a mixed quarter. This is a good opportunity to go in and buy the stock. 2% dividend and 14 times earnings.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$58.600
Owned
Yes
TOP PICK
TOP PICK
April 19, 2013

Great content story, which they continually monetize. Generates a lot of free cash flow. Very low cost business. Also, have nice additions such as HBO, sports franchises, etc. If the market retraces back to the $1475 mark, all stocks are going to move lower, so you might look to Buy on weakness. Yield of 1.97%.

Time Warner Inc (TWX-N)
April 19, 2013

Great content story, which they continually monetize. Generates a lot of free cash flow. Very low cost business. Also, have nice additions such as HBO, sports franchises, etc. If the market retraces back to the $1475 mark, all stocks are going to move lower, so you might look to Buy on weakness. Yield of 1.97%.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$59.750
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 11, 2013

(A Top Pick April 18/12. Up 68.81%.) This is all part of the mobility move. This company has TV everywhere. They own HBO and Warner Bros. Studios as well as some print operations. Have just gone into a partnership with Netflix.

Time Warner Inc (TWX-N)
April 11, 2013

(A Top Pick April 18/12. Up 68.81%.) This is all part of the mobility move. This company has TV everywhere. They own HBO and Warner Bros. Studios as well as some print operations. Have just gone into a partnership with Netflix.