DHX/B CN (Update)

DHX Media Ltd

TMT


Presented:06/13/2016
Price:CA$6.08
Cap:$0.61B
Current Price:CA$1.10
Cap:$0.16B

Presented

Date06/13/2016
PriceCA$6.08
Market Cap$0.61B
Ent Value$1.02B
P/E Ratio23.38x
Book ValueCA$2.23
Div Yield0%
Shares O/S126.22M
Ave Daily Vol395,518
Short Int2.97%

Current

PriceCA$1.10
Market Cap$0.16B
DHX Media Ltd. is engages in the business of producing, distributing, broadcasting and exploiting the rights for television and film programming primarily focusing on children's, youth and family productions. The company is internationally in the creation of content for families and children, is recognized globally for such brands as Yo Gabba Gabba!, Caillou, Teletubbies, It is a global children's entertainment company. DHX Media was founded by Charles William Bishop and Michael Patrick Donovan on February 12, 2004 and is headquartered in Halifax, Canada.

Please note, this is an update to Long - DHX Media Ltd which was presented on 10/27/2015 at CAD 8.49 which is also an update to Long - DHX Media Ltd originally presented on 10/06/14.

Publicly traded companies mentioned herein: Alibaba Group Holding Ltd (BABA), Amazon.com Inc (AMZN), DHX Media Ltd (DHX/B CN; DHXM), Dreamworks Animation Skg Inc (DWA), Mattel Inc (MAT), Netflix Inc (NFLX), Viacom Inc (VIA), Walt Disney Company (DIS)

Highlights

Shares of DHX Media (DHX/B CN or “DHX”) have suffered recently despite consistent financial performance and increasing demand for children’s programming. The presenter continues to hold his long position and views the recent selling pressure as a buying opportunity that has in part been driven by technical selling pressure. Large holders have had to liquidate, or have sold-down their positions recently, creating an overhang on the stock (at CAD 6.40, DHX shares are down ~24% year-to-date). He reiterated that the portfolio of content is potentially extremely valuable, and outlined the following points from his previous presentation, and provided some incremental details as more fully described below.

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Idea Discussion

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