Actual Question:
Which is best the media stock for
long-term wealth creation?
Answer:
Dear Friend!
Even though I look with an open and
positive mind, I am unable to identify a single investible listed media
company. Either the company performance is prima facie not suitable or where
the performance on the face looks all right, the valuations are unaffordable.
As a consequence, I do not find
none of the listed media companies are worth investigating in depth. So I have
not done an in-depth investigation of the listed, media companies discussed
here.
Those companies that
are not in loss have the PE Ratio far above the permitted below 15 (Zee Media,
UFO Moviez and Balaji Teelefilms).
To conclude
immediately no listed media company is attractive for investment. Zee Media,
UFO Moviez and Balaji Teelefilms look like potentially worth investigating
further and in case they have been performing well consistently well, then
perhaps they could be considered for investment, when the markets correct.
Thank you,
With Best Regards
Anand
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