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Asian Television Network International (SAT-X)
CVE:SAT
0.08
0.01
(11.11%) 1d
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They cut the dividend last year mainly because of a problem with piracy that cuts into subscriptions. It has returned to profitability. It is extremely cheap now. The remaining dividend is safe.
Advertising revenues are up, but piracy is up. They are working hard to fight piracy in general. There has been some dislocation from the new CRTC regime, but there have been small price adjustments. He thinks things will stabilize in the next few quarters. Advertising revenues continue to grow and that is a good sign. It is rock solid and the dividend is safe, but you have to be careful with illiquid stocks.
New CRTC rules should not impact Asian television, but may benefit it due to skinny basic packages. Their advertising revenues have held in quite well. Asian television has produced a lot of shows. They are sitting on some valuable content. Growth will resume sometime this year. It is thinly traded and has no analyst coverage. This kind has been some of his best investments. 5% dividend which he expects to be increased. He is one of the biggest shareholders.
(A Top Pick Aug 21/14. Down 21.04%.) He likes it even better with the new CRTC rules, because an independent broadcaster in Canada, is going to benefit tremendously from the new “pick and pay” regime and the Skinny package. They have about 400,000 viewers across Canada that watch foreign channels, and are forced to pay $40-$45 for a basic package to get only a few channels that they really want. He can see them increasing profits over the next few years by over 50%.
This was a top pick on BNN previously when he was on. This is the largest ethnic broadcaster in Canada. He really likes the recent quarterly results. Advertising revenues are trending up and costs are being contained down. Very well managed company and very profitable. A long-term hold for him.
Down 24% in the last year. It got way ahead of itself. He has been accumulating shares and is the second biggest shareholder. Now in the low $2s it is attractive. 4% dividend.
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Asian Television Network International(SAT-X) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Asian Television Network International(SAT-X) Frequently Asked Questions
What is Asian Television Network International stock symbol?
Asian Television Network International is a Canadian stock, trading under the symbol SAT-X on the TSX Venture Exchange (SAT-CV). It is usually referred to as TSXV:SAT or SAT-X
Is Asian Television Network International a buy or a sell?
In the last year, there was no coverage of Asian Television Network International published on Stockchase.
Is Asian Television Network International a good investment or a top pick?
Asian Television Network International was recommended as a Top Pick by on . Read the latest stock experts ratings for Asian Television Network International.
Why is Asian Television Network International stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Asian Television Network International worth watching?
In the last year 0 stock analysts on Stockchase covered Asian Television Network International. The stock is worth watching.
What is Asian Television Network International stock price?
On 2024-11-20, Asian Television Network International (SAT-X) stock closed at a price of $0.08.
