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Newfoundland Capital Corporation (TSE NCC.A) Updated: May 05, 2008 The Company's first radio licence was obtained in 1986 when the Canadian Radio-television and Telecommunications Commission approved the acquisition of CHTN in Charlottetown, PEI. Through the years, the Company has invested significant resources in acquiring attractive radio properties and taking advantage of new licence opportunities. The Company's primary long-term vision has been, and continues to be, to increase its presence in Canadian markets by making sound investments in the broadcasting industry. At present, Newfoundland Capital Corporation is one of Canada's leading small and medium market radio broadcasters with 71 licences across the country.
Recent News:
Scott Cuthbertson ....... TD Securities……Mar 05, 2010 Maintained REDUCE Target $7.00C NCC.A Price day before: $7.24 Finish day of posting:$7.24Current:$7.24 -----Nov 25, 2009------ Maintained REDUCE Target $7.00C NCC.A Price day before: $7.98 Finish day of posting:$7.50Current:$7.24
The following have not been adjusted for a 3 for 1 split effective Nov 25, 2009
Scott Cuthbertson ....... TD Securities……Nov 09, 2009 Maintained REDUCE Target $20.00C NCC.A Price day before: $22.24 Finish day of posting:$21.70Current:$21.70 --------July 31, 2009------ Downgraded to REDUCE from HOLD Target $20.00C NCC.A Price day before: $23.00 Finish day of posting:$23.50Current:$21.70 ------May 05, 2008--------- Maintained HOLD Target $22.00C NCC.A Price day before: $19.45 Finish day of posting:$19.45Current:$21.70 ---------Nov 09, 2007------- Maintained HOLD Target raised to $22.00 from $20.00 NCC.A Price day before: $20.50 Finish day of posting:$18.55Current:$21.70 -----Aug 10, 2007------ Maintained HOLD Price Target $20.00 NCC.A Price day before: $19.25 Finish day of posting:$20.00Current:$21.70 -----Mar 13, 2006----- Maintained HOLD Price Target raised to $19.00 from $18.00 (Target Hit Jan 29, 2007) NCC.A Price day before: $17.00 Finish day of posting:$16.80Current:$21.70 -----July 29, 2005------- Maintained HOLD Price Target raised to $18.00 from $16.00 (Hit Target July 31, 2006) NCC.A Price day before: $17.00 Finish day of posting:$16.50Current:$21.70 -----June 24, 2005------- Maintained HOLD Price Target raised to $16.00 from $15.00 (Hit Target July 19, 2005) NCC.A Price day before: $14.00 Finish day of posting:$14.50Current:$21.70 ------Apr 28, 2005------- Maintained HOLD Price Target $15.00 (Hit Target June 30, 2005) NCC.A Price day before: $13.90 Finish day of posting:$14.10Current:$21.70 ------Mar 02, 2005---- Downgraded to HOLD from BUY Price Target raised to $15.00 from $14.00 (Hit Target Mar 15, 2005) NCC.A Price day before: $14.00 Finish day of posting:$14.10Current:$21.70 -----Nov 02, 2004-------- Maintained BUY Price Target $14.00 (Hit Target Feb 21, 2005) NCC.A Price day before: $11.25 Finish day of posting:$11.00Current:$21.70 --------July 29, 2004------ Maintained BUY Price Target $14.00 (Hit Target Feb 21, 2005) NCC.A Price day before: $11.51 Finish day of posting:$11.65Current:$21.70 -----Feb 25, 2004------ Maintained BUY Price Target $14.00 (Hit Target Feb 21, 2005) NCC.A Price day before: $11.47 Finish day of posting:$11.53Current:$21.70 --------Oct 03, 2003----- Upgraded to BUY from HOLD Price Target raised to $14.00 from $12.50 NCC.A Price day before: $11.00 Finish day of posting:$11.00Current:$21.70 --------May 05, 2003------- Maintained HOLD Price Target raised to $10.50 from $10.00 (Hit Target July 04, 2003) NCC.A Price day before: $9.00 Finish day of posting:$9.00Current:$21.70 ***************** ...... GMP…….May 02, 2008 Upgraded to HOLD from REDUCE NCC.A Price day before: $19.45 Finish day of posting:$19.45Current:$21.70 --------Mar 13, 2006-------- Upgraded to BUY from HOLD Price Target raised to $19.00 from $17.00 (Target Hit Jan 29, 2007) NCC.A Price day before: $17.00 Finish day of posting:$16.80Current:$21.70 ************
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