Avesco Group - Re: AVS Stream Log - Another note from Edison: "A...

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Re: AVS Stream Log
10:35 09/06/2016
Simbrad
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Another note from Edison: "A good H116 from Creative Technology, particularly in the US, underpins our maintained profit forecast for the full year. Avesco’s FY14 restructuring is clearly delivering on the promise to smooth results between odd and even years, while the recent sale of Fountain Studios has realised cash to pay down debt and increase targeted investment in equipment. With a progressive dividend, a discount to net assets and a very modest multiple, the group is an attractive and coherent investment proposition." got this from Research Tree too

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