We have reviewed the performance of Seven Group holdings versus Seven West Media.
Whilst Seven Group Holdings is a well performing growth business, Seven West Media is the free to air television business, which faces structural headwinds.
It’s worth highlighting the performance of the recent ALGO signals and the contrast with Seven Group last displaying a buy signal within a strong uptrend and Seven West Media displaying a recent sell signal on the “lower high” formation within the ongoing downtrend.
Author: Leon Hinde
Leon has been working in the financial services industry for 18 years in management and advisory roles. Leon has extensive experience in general advice and dealings involving securities and derivative financial products.
PS 146 Securities & Derivatives, ADA 1 & 2 accreditation, Responsible Manager Certificate. Leon is authorised to provide financial product advice and deal with respect to the following financial products:
· Deposit Products
· Interest in managed investment schemes; and
· Government debentures, bonds and stocks