Mantra Group Ltd Building Pipeline For Long Term

Building pipeline for long term:Mantra Group Ltd (ASX: MTR) management reiterated that they are on track to achieve financial year 2016 EBITDA of $84 to $87 million. The company also reported a strong performance in FY15 with revenues up 9.7% over FY14. Strategic pipeline growth continues to be a key focus for the group, which added 11 properties in 2015 across its three brands.  Recently, MTR won a competitive tender process to operate the latest on-airport hotel being developed by Sydney Airport Corporation.  To read the complete report click here . To get your free report Click Here Continue reading

Village Roadshow Ltd – Focusing On Digital Business Growth

Focusing on Digital business growth: Recently, Village Roadshow Ltd (ASX: VRL) announced that a U.K. subsidiary has acquired 80% of the UK-based Opia business for GBP 24 million, adjusted for surplus cash, with deferred consideration payable if future earnings targets are met. Existing senior management will retain a 20% holding in Opia, which will become part of VRL’s Digital Division along with earlier acquired Edge Loyalty Systems Pty Ltd. The acquisition of Opia is expected to be earnings accretive and contribute positive cash-flow to VRL from acquisition date and synergies from the combined Edge/Opia businesses are expected to generate incremental revenue. Opia’s EBITDA is expected to be approximately GBP 6 million per annum in the first full year of acquisition and VRL’s share of this will be 80%. The net profit after tax contribution from Opia in the first full year of consolidation is expected to be about A$5.8 million. For FY15, VRL’s revenues increased to A$ 967.6 million from A$ 939.2 million from previous year. The VRL group reported a lower attributable net profit of A$ 43.9 million for the year ended 30 June 2015. VRL’s Cinema Exhibition division was the standout performer in its segment portfolio in 2015. Looking ahead, VRL is all set for future growth with developments across its divisions. Majorly, it has signed binding framework agreement and joint venture agreement for establishment of a funds management business with CITIC Trust Co. Ltd., for development opportunities throughout Asia, with a specific focus on China. We rate this stock a “Buy” at the current share price of  $6.89  To read the complete report click here  Continue reading

Village Roadshow Ltd – Acquired Opia To Enhance Its UK Digital Business

Acquired Opia to enhance its UK digital business: Village Roadshow Ltd (ASX: VRL) is focusing to expand its digital business apart from its core theme parks, cinema exhibition, film production and distribution business. As a result, the group’s UK subsidiary, Edge Loyalty Systems recently reported that they are acquiring 80% of the Opia business to expand their presence in UK digital business for GBP 24 million. Management estimates this acquisition to be earnings accretive from acquisition date as well as generate a positive cash-flow. Opia’s EBITDA is forecasted to be over GBP 6 million per annum during first full year of acquisition while net profit after tax contribution for the first full year is forecasted to be over GBP2.6 million (A$5.8 million), wherein VRL will have 80% share.   To read the complete report click here Continue reading

Seven Small Cap Stocks to Buy

Acquired Opia to enhance its UK digital business: Village Roadshow Ltd (ASX: VRL) is focusing to expand its digital business apart from its core theme parks, cinema exhibition, film production and distribution business. As a result, the group’s UK subsidiary, Edge Loyalty Systems recently reported that they are acquiring 80% of the Opia business to expand their presence in UK digital business for GBP 24 million. Management estimates this acquisition to be earnings accretive from acquisition date as well as generate a positive cash-flow. Opia’s EBITDA is forecasted to be over GBP 6 million per annum during first full year of acquisition while net profit after tax contribution for the first full year is forecasted to be over GBP2.6 million (A$5.8 million), wherein VRL will have 80% share.   To read the complete report click here Continue reading

Is Now The Time To buy These stocks?

Diversifying future earnings channels: Village Roadshow Ltd (ASX:VRL) stock fell over 6.26% in the last three months (as of December 15, 2015) as adverse weather conditions impacted the group’s Australian Theme Park division. As a result, VRL reported an attributable net profit of $43.9 million for the fiscal year of 2015. On the other hand, the group reported an improved performance for fiscal year of 2016, and its Gold Coast theme parks are performing on track driven by new memberships program coupled with better annual pass programs. The group is also expanding its Asian opportunities and made an agreement to manage the proposed marine theme park development in China on Hainan Island. VRL’s Australian Cinema Exhibition continued to deliver solid performance during FY16, boosted by better admissions and rising spend per customer.To read the complete report click here  Continue reading