Central European Media Enterprises (CETV) looks set to complete its financing this week for the acquisition of TV Nova, the largest and most successful television broadcaster in the Czech Republic. A review of the prospectus and several 8-Ks the company has filed indicate that all is well as the company….
Central European Media Enterprises (CETV) has given back some of its recent gains including about 7% since the company reported earnings before the open of trading on Tuesday. Mostly, I think this is a sell the news reaction to a stock that moved from $35 to $55 since late January. The fourth quarter 2004 earnings […]
On March 2, 2005, Central European Media Enterprises (CETV) shares rose over $6 after the company announced it had acquired an additional 29% interest in TV Nova to add to its pending acquisition of a 56% interest. Both deals are projected to close in the second quarter of 2005. The original deal, announced last December […]
SBTV announced the acquisition of CMore Group AB today. Here is a description of CMore taken directly from the press release: CMore Group is the leading Nordic pay entertainment provider with over 770,000 subscribers in Sweden, Norway, Finland and Denmark. The only provider of both premium sports and premium movies in the Nordic region under […]
Over the lunch hour today, I listened to a presentation by CETV management to clients of Jefferies and Company brokerage firm. The CEO is based in NY but the London based CFO and COO were in the States to present the 2005 budget to the Board. Based on commentary on the call, it appears the […]
Here is a link to a story that ran on Yahoo reproducing a recommendation of CETV by one of Motley Fool’s contributors. It is a good summary of the company and falls short only in the valuation section. CETV and other media companies are valued based on their cash flow. On that basis, CETV shares […]
Central European Media Enterprises (CETV) was repurchased yesterday per my plan to wait for a pullback to the mid-$30s and a resolution in Ukraine, both of which occurred this week…
Recently purchased positions in Central European Media Enterprises (CETV) were sold on Friday at a small loss due to uncertainty over the political situation in Ukraine. The concern is solely short-term as CETV’s long-term opportunity as the leading TV broadcaster in rapidly growing Central and Eastern Europe is an extremely worthwhile investment thesis….
Central European Media Enterprises is ringing the opening bell at the NASDAQ today to celebrate the 10th anniversary of is stock listing. CETV is a unique play on the development of Central and Eastern Europe economies. Below are excerpts from comments by Ronald Lauder and Michael Garin, CETV’s most senior executives. These comments succinctly capture […]
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