Asian Pay Television Trust (APTT)

Results

Asian Pay Television Trust reports 3QFY2024 ebitda of $37.4 mil, 1.4% lower y-o-y

APTT’s board has also reaffirmed its distribution guidance for the 2HFY2024 ending Dec 31 of 0.525 cents per unit. The distribution is expected to be paid in March 2025.

New appointments

CEO of Asian Pay Television Trust’s Trustee-Manager stepping down, CFO to replace him

Outgoing CEO Brian McKinley will continue to support the Trustee-Manager as a consultant.

Results

Asian Pay Television Trust posts FY2023 net loss of $436.24 mil from $440 mil impairment loss

Ebitda, however, was 7.3% lower y-o-y to a profit of $38.15 million.

Company in the news

APTT receives majority lenders' approval for refinancing of its offshore facilities

With this refinancing, APTT's trustee-manager will not have to revisit borrowing facilities till 2025.

Broker's Calls

PhillipCapital maintains 'buy' call for APTT as dividend yield remains 'attractive'

Analyst Paul Chew has, however, lowered his ebitda estimate as he cuts his Taiwan dollar forecast.

Deals, joint ventures & alliances

NCC rejects Da Da Digital's acquisition of Dynami Vision

Taiwan regulators reject Da Da Digital, which has a 16% stake in APTT, proposed acquisition of Dynami Vision.
Asia Pay Television Trust declares DPU of 0.25 cents for 1Q21 - THE EDGE SINGAPORE

Results

Asia Pay Television Trust declares DPU of 0.25 cents for 1Q21

APTT reaffirmed its full-year distribution guidance of 1 cent.
Broker's Digest: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT

Take a look at these stocks this week: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT
'Buy' Asian Pay Television Trust on 5G potential, dividend yield of 9.3% says PhillipCapital - THE EDGE SINGAPORE

Broker's Calls

'Buy' Asian Pay Television Trust on 5G potential, dividend yield of 9.3% says PhillipCapital

The trust's free cash flows are expected to support DPU of 0.25 cents per quarter for FY2021.
Asian Pay TV a counter to watch as management likely to maintain DPU in FY21: PhillipCapital - THE EDGE SINGAPORE

Broker's Calls

Asian Pay TV a counter to watch as management likely to maintain DPU in FY21: PhillipCapital

PhillipCapital is maintaining its “buy” call and target price of 15 cents on Asian Pay TV Trust.
×