SADIF Analytics Assigns Positive Long-Term Outlook Rating to Shaw Communications
Released on: October 22, 2008, 8:48 am
Press Release Author: SADIF-Investment Analytics SA
Industry: Financial
Press Release Summary: SADIF-Investment Analytics SA has applied its StockMarks(tm) stock-rating system to Shaw Communications and produced a research report, rating the company's attractiveness to long-term investors.
Press Release Body: Mira, Portugal - October 22, 2008 - SADIF Investment Analytics SA, today announced the release of a new equity research report covering Shaw Communications (SJR.B). The report utilizes SADIF's powerful StockMarks(tm) stock rating system and is required reading for any current or potential Shaw Communications investor.
Report Summary: Canadian Telecommunications company Shaw Communications offers telephone, internet and cable television services. Relative to the market, the company's share price has proven to be stable throughout the global crisis dropping just twenty-one percent from its peak in early November 2007. The TSX composite index fell almost thirty-two percent over the same period. However, Shaw is releasing quarterly results on 23rd October, the company's first results since the strong growth reported in the quarter ended May 31st. With the significant economic changes that have taken place since the end of May, investors will be keen to learn if the company has been able to continue to grow its subscriber base for all three of its major product lines, as it did in the third quarter (ending May 31st). The company increased annual dividends by 11% in June and made the first monthly payments at the end of September. Shaw's purchase of 20Mhz of wireless spectrum in Western Canada and Ontario during the recent wireless spectrum auction is in-line with the company's strategic expansion into the wireless communications market. However, analysts are split as to whether the company will be able to gain a foothold in the wireless market. With the volatility in the stock market over recent months, investors should look to Shaw's underlying long-term fundamentals when deciding whether the stock is currently undervalued. We can assess Shaw's long-term outlook through the use of the StockMarks framework. Shaw currently has an overall long-term investment-attractiveness rating (Total StockMark or SMT) of 64, placing above the Canadian market average. This rating ranks Shaw fifth when compared to ten of its closest Canadian-listed peers, selected on the basis of both business similarity and market positioning factors such as size.
The complete report breaks down the Total StockMark into its three components - Business, Management and Price, performing a thorough analysis of Shaw Communications for long-term investors.
A summary of the StockMarks(tm) ratings for Shaw Communications is available here: http://sadifanalytics.com/stockmarks/company.php?ticker=SJR.B&cod_country=18
The report has been distributed to Reuters, and forwarded to Yahoo Finance and FT.com. It is available under 'Analyst Reports' from these websites or directly from SADIF-Investment Analytics SA at http://sadifanalytics.com/stockmarks/article/hist_article.php?cod_country=18
About SADIF-Investment Analytics SA SADIF-Investment Analytics SA is an independent investment research company covering sixteen different markets and over 12,000 companies. Our StockMarks(tm) system is based on proven investment principles and is designed to drive long-term shareholder returns.
Web Site: http://www.sadifanalytics.com
Contact Details: Company: SADIF-Investment Analytics SA Address: AIBAP, Rua do Matadouro, 3070-436 Mira, Portugal Phone Number: (+351) 231849038 Website: www.sadifanalytics.com