Eros Share Discussion Threads

[rivaldo] 19/8/2015 11:20

Here's why Jefferies recently raised their target to $40:



"Eros International (NYSE:EROS)

The next company Jefferies raised the price target for is Eros International (NYSE:EROS), which is a leading company in the film entertainment industry of India. Eros International (NYSE:EROS) with the help of co-producers, distributes Indian movies across various formats like T.V, cinema or digital new media. Eros International (NYSE:EROS) is the first media company of India that appeared on the New York Stock Exchange and it has the biggest library of movies which contain around 2,300 films of Hindi, Tamil and other regional languages of India.

Jefferies believe that the on demand Bollywood entertainment network Eros Now Platform has a lot of potential for growth as it already has more than 26.5 million subscribers. According to Jefferies, this platform by itself can be worth $17 per share.

The price target for Eros International (NYSE:EROS) stock was raised by Jefferies from $26 to $40. The consensus target is of $38.17. On Friday the company’s shares closed at $36.23."

[boonboon] 18/8/2015 20:22

Strategy for growth

What you will see starting this year is a systematic strategy which will continue for the next five years to firstly scale our film slate from 65 to 70 films currently to over 100 to 120 films across the next three to five years, across Hindi as well as multiple regional languages.

Secondly, we will fast track our execution strategy for ErosNow customer acquisition worldwide through a 360 degree product, content, pricing, distribution and marketing strategy.

Thirdly, we will target new markets such as China, Japan, South Korea, South America, through co-productions and other collaborations, not only to tap into the box office potential and the television licensing market, but also to create consumer demand for a curated version ErosNow by partnering with local synergy partners.

[boonboon] 18/8/2015 20:21

There's a transcript of the earnings release webcast here

[rivaldo] 18/8/2015 13:39

Agreed, the Q1 results were very good - and exactly in line with expectations at $0.04 EPS AFAICS.

And the outlook was of course tremendous with the Q2 success of Bajrangi and now Srimanthudu:



EROSNOW is confirmed as having 26.5m users now. Hopefully the US markets will now be very aware of the potential here.

[boonboon] 18/8/2015 13:34

First quarter results look good to me. However they missed analysts expectations so we might see a drop in the share price. Erosnow subscription cost in India will be around $1 a month. If they can sign up significant numbers then that could be big recurring income.

[rivaldo] 18/8/2015 07:38

News - there's to be an ADR listing in India of the US entity's shares. A little confusing, but should bring significant further interest in EROS' shares:



"Eros International surges on parent co’s India listing plans, upbeat outlook
By ECONOMICTIMES.COM | 18 Aug, 2015, 11.12AM IST

NEW DELHI: Stocks of Eros International climbed 11 per cent in trade on Tuesday after the company said its parent firm Eros International PLC is looking to list in India.

In an interview to ET Now, the management of the company said its parent company is planning for India listing via Indian depository (IDR) structure.

IDRs are the Indian equivalent of global depository receipts (GDRs) / American depository receipts (ADRs) issued by Indian companies overseas.

The scrip surged 11.01 per cent to hit its intraday high of Rs 591 on the BSE.

The Eros management, though, added that it would not delist Eros India.

The listed arm of the UK-based company remained upbeat on the earnings outlook. The management said that it was expecting better earnings in Q2 and Q3 of the ongoing financial year than the June quarter.

The company expects to end FY16 with an operating margin of 25-27 per cent.

The company pointed out that Q2 has started on a positive note as the movie Bajrangi Bhaijan has seen good response from audiences.

The company has reported 46.7 per cent YoY rise in its June quarter profit to Rs 53.40 crore. Revenues for the quarter rose 96.5 per cent to Rs 480.60 crore.

The start to the second quarter has been exceptional with multiple-record breaker 'Bajrangi Bhaijaan' delivering a worldwide gross collection of over Rs 5 billion, the company had said in its results press release.

"In addition, we have a compelling lineup for the remainder of the year featuring high-profile and promising movies such as 'Bajirao Mastani', Welcome Back', 'Hero', 'Gabbar Singh 2', '24' amongst a host of other Hindi and regional movies," it said."

[rivaldo] 16/8/2015 23:34

The good news just keeps coming....Srimanthudu is now a big hit and is above 100 crore already after just one week:

[njb67] 16/8/2015 07:43

Brucie
Yes, it is. Stock trade offer this option.
Njb

[boonboon] 15/8/2015 19:02

Bharti Airtel have 226million customers in India. So the potential to increase subscription numbers for erosnow through them is enormous.

[brucie5] 15/8/2015 17:14

Is it possible to buy EROS in an ISA? I imagine not..?

[smurfy2001] 14/8/2015 18:10

To compare with Netflix it has 65m subscribers as of 2nd quarter.

[rivaldo] 14/8/2015 13:34

The official American PR is out for the above news - interesting that the figure for EROSNOW users has now been updated to 26.5m users:

[rivaldo] 14/8/2015 12:32

News - this should quickly increase EROSNOW's registered users:



"Bharti Airtel Partners with ErosNow for Wynk Movies

Bharti Airtel Limited (Bharti Airtel), the 3rd largest mobile service provider globally with operations in 20 countries across Asia and Africa, today announced a partnership with ErosNow, the cutting edge OTT (Over-the-top) Bollywood entertainment network of Eros International Plc, the NYSE-Listed leading global company in the Indian filmed entertainment sector, for its carrier agnostic mobile application ndash; Wynk Movies.

A first-of-its kind video marketplace, Wynk Movies offers a specially curated library of thousands of movies and other popular videos from host of partners including ErosNow. With this partnership, users of Wynk Movies can access ErosNow premium Bollywood content offering thousands of new and classic Bollywood movies including exclusive online premieres like Tanu Weds Manu Returns, Shamitabh, Badlapur, Happy Ending and NH 10 even before their television premiere. ErosNow also offers a vast selection of audio and song videos, television content and ErosNow originals in the form of drama series with young and contemporary themes. While the app content can be accessed across 2G, 3G, 4G and Wi-Fi services, users can enjoy the app best on 4G given its seamless internet capability.

Kartik Sheth, CEO – Wynk said, We always partner with the best and are confident that having Eros premium content as one of channels on our app will help drive faster adoption for video services in the country. As smartphones penetrate deeper leading to a surge in the consumption of videos on mobile, Wynk Movies will further empower users to seamlessly access the best of video content on the move.

Speaking on the collaboration, Rishika Lulla Singh, CEO Eros Digital said, Armed with our content library and first mover advantage, our vision for ErosNow is to fulfill the growing consumer need for endless premium entertainment on-demand and on-the-go, whether on their smartphones, tablets, laptops or internet enabled devices. An important part of our strategy is to be platform-agnostic and we are delighted to tie up with Airtel, a leading player in its space and a front runner in the 4G revolution where we believe our content and distribution synergies will create a win-win consumer proposition.

Kumar Ahuja, President ndash; Business Development, Eros International added, ErosNow has already garnered over 19 million registered users worldwide for ErosNow and we believe our integration with Airtel for their Wynk Movies platform will further give momentum to our customer acquisition strategy."

[smurfy2001] 13/8/2015 18:23

$39 hit :)

[aimingupward2] 13/8/2015 16:28

You just never know what markets are going to do. The BSE marked EROS down by 4.6% today on the Q1 results, whilst in the good old US of A, their currently trading up over 10%! May not hold it, but even so! At least it's the right way round!

[smurfy2001] 13/8/2015 16:16

You could try logging into ADVFN American site,

[rivaldo] 13/8/2015 15:44

Nice :o))

Does anyone know any US forums like ADVFN where there are discussions of EROS going on? The only one I know is on Yahoo, which is dead as a dodo. It would be interesting to know what American investors are saying, if anything. Perhaps EROS' climb is being institutionally led, which would be a very good thing and may explain the calm on the US boards.

[smurfy2001] 13/8/2015 15:02

Hitting new highs :)

[boonboon] 13/8/2015 13:32

A near 50% rise in profits is an excellent start to the year.

[aimingupward2] 13/8/2015 13:26

Excellent Q1 in India, (though greeted with a 5% fall in the share price on the BSE!).

With Bajranji having done so well, we can expect an even better Q2.

[smurfy2001] 13/8/2015 12:12

Rivaldo,

Great spot!

That figure of 26.5m is amazing!!

19m was reported in June 2015 so a huge increase in just 1.5 months.

[rivaldo] 13/8/2015 11:52

EROS India have just released terrific Q1 results - and note that EROSNOW is up to 26.5m registered users, a big increase on the last number of 19m:



And:

[rivaldo] 13/8/2015 09:42

EROS USA are to release their Q1 results on August 18th (next Tuesday) - they should be rather good:



Bajrangi now confirmed as second highest grosser of all time:



OT : cheers speedsgh. One thing I've learnt about stocks is that they are all totally unpredictable! But also that running winners (and imo NOT taking short-term profits unless out of financial necessity) makes all the difference to a portfolio in the long-term. I also hold GBO, and concur that a US listing will make all the difference.

[speedsgh] 12/8/2015 20:33

aiming - likewise i have a holding in GBO which, whilst moderate in relation to my whole portfolio, is larger than my EROS holding was. agree that the potential with GBO is v promising. would dearly love to see it fulfil at least some of that potential. however i have been investing for long enough to know that such potential is rarely achieved and/or recognised in a company's share price. i live in hope!