By Steve Moore | Monday 17 February 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Now the largest film distributer in Canada, the largest independent film distributer in the UK, Spain and the Benelux and a FTSE-250 constituent, Entertainment One (ETO) has updated that “full year earnings are expected to be ahead of management expectations” and that “the directors remain confident in the outlook for the company”. However, is this already more than discounted in a share price which, at a current 324.5p, is significantly ahead of the 175p of less than a year ago (when the shares were added to the Growth portfolio of the Nifty Fifty)?
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