No rush to sell Village

Village Roadshow’s share price has risen 66% since upgrading in Village Roadshow: A profitable ride? from 6 Dec 12 (Long Term Buy – $3.80) and is now well clear of our $5.50 sell price. Still, we’re in no rush to sell. With the theme park business benefiting from a lower Aussie dollar and sunny weather, combined with higher cinema visitation, we expect it to produce an impressive result – and better than we previously expected – when it reports later this month. Longer term, the company's new water park in Western Sydney, developments in China, and a cinema production venture that looks...

Village Roadshow’s share price has risen 66% since upgrading in Village Roadshow: A profitable ride? from 6 Dec 12 (Long Term Buy – $3.80) and is now well clear of our $5.50 sell price. Still, we’re in no rush to sell. With the theme park business benefiting from a lower Aussie dollar and sunny weather, combined with higher cinema visitation, we expect it to produce an impressive result – and better than we previously expected – when it reports later this month.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles