Is TV18 broadcast likely to see revenue uptick in this quarter due to its coverage of World cup 2022? The price volume is beginning to show some action.
Either we have to analyze such possible potential fundamental reasons or we have to analyze the chart structure. Chart to me does not seem strong, may be the up move has started, but I guess some more confirmation of a couple more days of big candles could direct the trend.
I am not interested in the stock right now, just giving my opinion.
How does the chart look to you?
There might be better charts out there, i am new but… just saying.
Thanks for your inputs. I like to analyze both fundamental and technical parameters side by side. In this case the revenues are likely to be very strong for this quarter since the RELIANCE group is the sole broadcaster of the event both on TV and digitally. Advertising revenues are likely to be good as well.
Chart is not a ground, when the kids are gone, it becomes blank. What are you seeing
Right.
I don’t know so asking, when are the matches going to start, so that we can see if can look at the up moves up w.r.t time.
Also, since this is a one time thing, like some additional income companies generate occasionally, I think it is better to have a target price too, because this will not be a permanent change in the business, but a one off thing.
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Ohh My God you are a mind reader.
Why you close eyes. So no chart, blank blank.
You being sarcastic Gnome
You may not know this, sometimes companies get additional income through various ways, a fee in dispute being paid back, a sale of something, a compensation etc., so profits and margins go up, but they are just one time, not permanent.
No i was not. I was thinking the same. After fifa world cup that revenue may not sustain, so short term bet may be good if one is betting on this.
Exactly.
Hence some businesses are secular in nature, some are cyclical, and obviously secular businesses attract a lot of investors, and cyclical businesses are hard to predict for retail unless they know about the businesses in some way.
It is already on. 18 Nov – 20Dec. You are right that it could be a short time up move. Fundamentally both Network18 & TV18 network are likely to consolidate and possible merge as part of the Reliance group. With ADANI group showing keen interest in NDTV, ultimately it could be an ADANI vs AMBANI in the media space