Fairfax (John) Holdings Limited

By Intelligent Investor · 25 Feb 2000

By Intelligent Investor ·
25 Feb 2000

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Fairfax Media Limited - FXJ

Current price

$0.66 at 16:36 (11 December 2018)

Price at review

$5.75 at (25 February 2000)

All Prices are in AUD ($)

John Fairfax Holdings had better than expected earnings growth of 22% for the first half resulting in a net profit after tax but before abnormal items of $87.7m. Sales were up 15.5% to $659.4m for the six months to 31 December. The company is now forecasting annual earnings of $165m, but we'll maintain our HOLD recommendation pending a clearer indication of the future direction of the company.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.

Fairfax (John) Holdings Limited

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Fairfax (John) Holdings Limited

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