Avesco media group announced dramatic results last week with pre-tax up 405% to 4.1m for six months to Sep 2000. They own 49% of Who Wants To Be A Millionaire company Complete Communications, and profits from the show and merchandise are starting to come through. EBITDA is only 6 and forward P/E of 13.6 to Mar'01 PEG of 0.18 to Zulu Principle followers.
Irritating though Chris Tarrant is, the show is very good and I'm betting the farm on this one. Watch the spread though its a bit nasty (800-900p) mid price 850 as I write You should be able to buy at 875 with a good broker. My deal was well within the spread at 745 when price was (700-750 mid 725). Still, at least its gone up 125p in the week, which is more than can be said for all those wonderful tech stocks we here so much about.
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