WAN
Stock Code
Stock Exchange
West Australian Newspapers Holdings Limited (WAN) is a company engaged in commercial printing, newspaper publishing, and radio broadcasting as well as in providing radio communication facility and cinema advertising, cinema exhibition and film distribution industries. WAN was listed on the Australian Stock Exchange on the 9th of January 1992. Its average annual revenue reaches approximately $447 million out of its issued capital of approximately $112 million. Its headquarters is located in Osborne Park, Australia and to date; around 1,400 people are employed in the company.
AGL Energy (AGK) was the overall worst performing stock taking in a 4.4 percent decrease. Among the worst performing stocks for the week 41 of 2007 of the Australian sharemarket were a mixture of energy, pharmaceuticals and newspaper: AGL Energy (AGK), Sigma Pharmaceutical (SIP), WA Newspapers (WAN). These worst performing stocks recorded losses higher than 4.22 percent by the end of the trading week. Both the ASX 100 index and the ASX 200 index had the same companies in the top three positions for the worst performing stocks.
Arrow Energy (AOE) was the overall best performing stock taking in a 10.11 percent increase. Among the best performing companies for the past week (week 31 of 2007) on the Australian sharemarket were a mixture of project development, support services, energy and metal: Arrow Energy (AOE), Leighton Holdings (LEI), Brambles (BXB), Macquarie Airports (MAP). All the above best performing stocks for week 31 managed more than 2.85 percent gain by the end of the trading week.

West Australian Newspapers (WAN) was the best performing shares among the shares listed on the ASX100 index (Winner of the Week for week 12 of 2007). The media and publishing company gained 9.68 percent or $1.38 during the week to close at $15.63. The All Ordinaries closed the week at 5978.8 and the ASX200 index closed at 5995.

West Australian Newspapers (WAN) was the worst performing company on the ASX100 index this week (Loser of the week for week 10 of 2007). This media conglomerate lost a dollar to close 6.33 percent lower fir the week at $14.80. The All Ordinaries closed the week at 5817.8 while the ASX200 index closed at 5836.3.
Market analyst UBS has provided guidance as to Australian newsprint paper prices. The analyst predict that FY08 newsprint prices are likely to be down. The pricing period for FY08 Australian newsprint has started. Recent weakness in the US dollar price and Australian dollar strength could mean that Aussie dollar contracted price actually declines - markedly at odds with our previous assumption of a further 7% hike.
Citigroup have maintained their Hold (2M) rating for the West Australian Newspapers (WAN) stock, while lifting their share price target to $8.60 from $7.80. The analyst notes that while "very strong 7.4% growth in advertising revenues in 1QF07 to-date is unlikely to be sustainable against a backdrop of rising interest rates and slowing retail spending", "management views current TWA EBIT margin of 43.3% as sustainable".
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Top 50 Public Companies Listed on the Australian Stockmarket as at 18/07/2008
- BHP Billiton
- Commonwealth Bank of Australia (CBA)
- Rio Tinto
- National Australia Bank (NAB)
- Telstra (TLS)
- News Corporation or NewsCorp (NWS)
- Westpac Banking Corporation (WBC)
- Woodside Petroleum Limited (WPL)
- ANZ
- Woolworths Limited (WOW)
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- Fortescue Metals (FMG)
- CSL
- QBE Insurance
- St. George Bank Limited (SGB
- Newcrest Mining Limited (NCM
- Origin Energy Limited (ORG)
- Maquarie Group (MQG)
- AMP Limited (AMP)
- Leighton Holdings (LEI)
- Suncorp-Metway Limited (SUN)
- Brambles Limited (BXB)
- Santos Limited (STO)
- Coal & Allied (CNA)
- Incitec Pivot (IPL)
- Foster’s Group Limited (FGL)
- Orica Limited (ORI)
- BlueScope (BSL)
- AXA Asia Pacific Holdings Limited (AXA)
- Woodside Petroleum Limited (WPL)
- Insurance Australia Group Limited (IAG)
- Stockland (SGP)
- Lihir Gold Limited (LGL)
- Qantas Airways Limited (QAN)
- Oxiana Limited (OXR)
- Sims Group Limited (SGM)
- AGL Energy Limited (AGK)
- OneSteel Limited (OST)
- Transurban Group (TCL)
- Oil Search Limited (OSH)
- Coca-Cola Amatil Limited (CCL)
- Crown (CWN)
- Alumina (AWC)
- ASX (Australian Securities Exchange)
- Macquarie Infrastructure Group (MIG)
- Telecom Corporation of New Zealand (TEL)
- Computershare Limited (CPU)
- Aneka Tambang (Persero) TBK (ATM)
- Tabcorp Holdings (TAH)
