SKT Sky Network Television Limited.

[Ogg]

Just signed up to NBR and paid $30 to read the article.

Opened it up and then see all my content there...


https://www.youtube.com/watch?v=IUB-wjXUREE

[tqtq]

Just signed up to NBR and paid $30 to read the article.

Opened it up and then see all my content there...


https://www.youtube.com/watch?v=IUB-wjXUREE

Including the graphs! Lol

[nevchev]

We need to get that article out to the Oz investors. They love the speculative stuff

[Ogg]

The author is obviously lurking here.

Here's tomorrows follow up story.

The Infratil/Brooksfield point of view:


I've been doing more extensive "Michael Burry" type research on the relationship between Sky TV and Infratil. I've compiled a narrative what I believe is an undeniable case for an imminent take over of Sky TV and a long term commercial plan that could potentially net Infratil a billion dollar profit or more within 5 years.

BE HOLD MY STRONGEST CASE YET FOR AN INFRATIL TAKE OVER OF SKY TV:

Firstly, a bit of background information. One of Infratil's best investments was in Royal Dutch Shell. For background information on this investment read NBR's article:

https://www.nbr.co.nz/article/infrat...ment-bd-143411 (https://www.nbr.co.nz/article/infratil-nz-super-fund-stand-triple-their-money-z-energy-investment-bd-143411)

Basically, Infratil bought the assets off Royal Dutch Shell and re-branded the new company into Z Energy. Infratil then subsequently floated the company on the NZX a few years later for a significant profit. The question is, why would Infratil re-brand "Shell", a well known brand in New Zealand, and change it to something different?

The answer is two fold. Firstly, and most importantly was because of financial reasons. It cost Infratil over $10m per year in intellectual property rights. This was one of the main reasons why they re-branded. See this source: http://www.stuff.co.nz/dominion-post...o-be-renamed-Z (http://www.stuff.co.nz/dominion-post/news/4988846/Shell-petrol-stations-to-be-renamed-Z)

Secondly, it hindered the company's growth ability as it was restrained from the parent company who controlled the "rights" and direction of the brand. The use of the brand came with terms and conditions and therefore if Infratil wanted to float Shell on the NZX it needed to re-brand the company.

This brings me to Infratil's investment in Vodafone, a company that Infratil bought last year for EUR $2 billion, in a joint venture with global investment company Brooksfield Asset Management. The deal was finance with significant debt on both Infratil's and Vodafone's balance sheet. Stock analysts suspect that Infratil will float Vodafone in the near future, in a similar arrangement as Z Energy.

HOWEVER, Vodafone will have to be re-branded for an IPO to happen. So, the question is why haven't they re-branded yet? The answer, is that there are certain benefits for maintaining the brand, including support and shared commercial arrangements from the parent company. This is especially important in the first few years after it is sold, but eventually a re-branding will have to happen.

So the next question is, when they do decide to re-brand, what do they call the new company?... Z Phone, Red Mobile Company, Not The Spark Company? Yes folks, you read it here first, SKY TV WILL TAKE OVER VODAFONE!!! As nutty as that sounds, that's what will happen. The Vodafone brand will be gone in New Zealand and be another past relic, just like Bell South!

I suspect the two newly formed companies will be refloated on the NZX, sometime in the year 2024-2026. With the combined revenue, it will have a market capitalization near that of Spark. The profits for Infratil will be gigantic. And the best part is that it's all funded with debt.

I suspect Infratil will retain a holding after the IPO, and they will fully exit a few years later, just like they did with Z Energy.

I put a value of Sky today of 75c a share based on the above scenario playing out. But retail investors won't see any part of that as the company will be flogged off for a poultry 30c a share.

Just lol.

[tqtq]

We need to get that article out to the Oz investors. They love the speculative stuff
True. But pity about the paywall. NBR have clued onto the fact that writing about Sky has probably doubled or tripled their daily clicks. So hopefully they continue with the articles about Sky

[nevchev]

True. But pity about the paywall. NBR have clued onto the fact that writing about Sky has probably doubled or tripled their daily clicks. So hopefully they continue with the articles about Sky

Canceled my subscription last month...typical

[blackcap]

Good to see Susan Paterson buying a few...

https://www.nzx.com/announcements/359855

[Gregnz]

Anyone know why the sell off today? I seriously thought everything was looking positive and we would see some positive price movement?

[Ogg]

Good to see Susan Paterson buying a few...

https://www.nzx.com/announcements/359855

It's weird that an outgoing director buys shares on market.

Done on the same day as results.

Small amount though.

I think all this insider buying recently is just window dressing.

[bull....]

the crying baby pattern is forming , reversal of the highs today to close on the lows could bring out the cry babies tomorrow who sell to minimize there loss hence the cry baby term. i sold mine only good for a few pips

[Ogg]

Anyone know why the sell off today? I seriously thought everything was looking positive and we would see some positive price movement?

Just bots buying and selling to one another trying to influence the price.

Sharesies crowd definitely gone.

Current institutional investors not selling, no new institutional investors interested in the stock to push up the price.

I'm thinking that the stock trades here until something material is announced.

[jimdog31]

Another token Director buyin of $19k put yo money where yo mouth is!!

[Ogg]

Another token Director buyin of $19k put yo money where yo mouth is!!

It would be funny if Handley bought $500k on market out of the blue. Takeover for sure...


https://www.youtube.com/watch?v=IUB-wjXUREE

[tqtq]

It would be funny if Handley bought $500k on market out of the blue. Takeover for sure...

I don’t think he’d have the cash.

[Ogg]

Probably get his brother to do it:

https://en.wikipedia.org/wiki/Geoffrey_Handley

[winner69]

Probably get his brother to do it:

https://en.wikipedia.org/wiki/Geoffrey_Handley

Derek could hook up with his old mate Richard ...but then Richard has a few issues of his own to sort out

[bull....]

the crying baby pattern is forming , reversal of the highs today to close on the lows could bring out the cry babies tomorrow who sell to minimize there loss hence the cry baby term. i sold mine only good for a few pips

be interesting if the pattern happens tomorrow

[ba9]

be interesting if the pattern happens tomorrow

Can't see it going any lower. If anything, it should head back up.

[tqtq]

Rugbypass Strengthen Digital Rugby Content with New Subscription Service.
Neil Martin, CEO of RugbyPass, has announced that the company - bought by Sky Sports New Zealand in August 2019 - have launched a new subscription service called The XV (http://www.thexv.rugby) in a move to strengthen their place at the vanguard of digital rugby content. “Sky Sports NZ acquired RugbyPass because they believed in our long-term vision for the development of the game, and as part of that ambitious strategy comes the unveiling of our new subscription product, The XV. https://www.prweb.com/releases/rugbypass_strengthen_digital_rugby_content_with_ne w_subscription_service/prweb17391259.htm

[mistaTea]

Rugbypass Strengthen Digital Rugby Content with New Subscription Service.
Neil Martin, CEO of RugbyPass, has announced that the company - bought by Sky Sports New Zealand in August 2019 - have launched a new subscription service called The XV (http://www.thexv.rugby) in a move to strengthen their place at the vanguard of digital rugby content. “Sky Sports NZ acquired RugbyPass because they believed in our long-term vision for the development of the game, and as part of that ambitious strategy comes the unveiling of our new subscription product, The XV. https://www.prweb.com/releases/rugbypass_strengthen_digital_rugby_content_with_ne w_subscription_service/prweb17391259.htm

For NZ$2.50 per month (if you take an annual sub) that is actually a pretty sweet deal for a rugby fan.

I might grab a sub.

[nevchev]

For NZ$2.50 per month (if you take an annual sub) that is actually a pretty sweet deal for a rugby fan.

I might grab a sub.

Pretty good alright!1 less beer on a Friday night and its paid for

[Ogg]

For NZ$2.50 per month (if you take an annual sub) that is actually a pretty sweet deal for a rugby fan.

I might grab a sub.

Stop being such a subscriber whore!...


When I'm on the NBR home page, I keep forgetting I can actually click on the links now.

[steveb]

For NZ$2.50 per month (if you take an annual sub) that is actually a pretty sweet deal for a rugby fan.

I might grab a sub.
Best of luck in trying to buy a sub,I can't see anywhere on their site where you can actually buy a sub! Or am I missing something?

[mistaTea]

Best of luck in trying to buy a sub,I can't see anywhere on their site where you can actually buy a sub! Or am I missing something?

I think there is an issue...tried to start my free trial...registered, entered my payment details...and keep getting an "unknown error" when I try to complete the final submit.

Not a great start! Ha!

Damn, there look like some good articles on there that I want to read too...

[biker]

I think there is an issue...tried to start my free trial...registered, entered my payment details...and keep getting an "unknown error" when I try to complete the final submit.

Not a great start! Ha!

Damn, there look like some good articles on there that I want to read too...

Just signed up for the trial. It hesitated at the acceptance point, then it had another go then it processed. Did give the indication of a possible glitch there somewhere.

[clown]

Just signed up for the trial. It hesitated at the acceptance point, then it had another go then it processed. Did give the indication of a possible glitch there somewhere.


Mine went through without any issues. It's $4.99 per month.

[Ogg]

Looks like my NBR sub has paid for itself:

nbr.co.nz/story/spark-aims-boost-fixed-wireless

"Spark would also continue to concentrate on bundling with the likes of Netflix and Spark Sport to attract customers, Fullarton said."

[LEMON]

Seems we will flutter around the 15c mark for the remainder of this week. Nice anchor at 15c though

[tqtq]

For NZ$2.50 per month (if you take an annual sub) that is actually a pretty sweet deal for a rugby fan.

I might grab a sub.

It’s good news when you consider that there’s 400 million odd rugby fans out there. If after 12 months they had 1,000,000 subscribed, about 50% of their audience, that’s an extra 30 million just on subscription revenue without any other premium content. And stats are vital for anyone who gambles on rugby.

[clown]

Wonder if any NZ subscribers will be dropping Netflix for NEON? :D

https://movieweb.com/cuties-netflix-cancellations/?fbclid=IwAR1u5Nl-V8DdU6ppzNCBSlbZih1im0K5V5IAyQPQ4ycE0eSNULIIoMrIem 8

[Akane]

Wonder if any NZ subscribers will be dropping Netflix for NEON? :D

https://movieweb.com/cuties-netflix-cancellations/?fbclid=IwAR1u5Nl-V8DdU6ppzNCBSlbZih1im0K5V5IAyQPQ4ycE0eSNULIIoMrIem 8

Doubt it'll make a dent. The "woke" kids these days are quite selective when it comes to being "woke", they'll only apply the cancel culture when it doesn't impact themselves.

Further more, 1 account is probably being shared amongst 4 family members, imagine a 20 something year old making demands to their mum to cancel her netflix, coz it's "the right thing to do to protest" :D

[jonu]

Seems we will flutter around the 15c mark for the remainder of this week. Nice anchor at 15c though

Someone appeared to be accumulating yesterday at 15.4.

Pretty much anything that got hung out at that level got hit. Plus 500k bid on the close which has mysteriously disappeared this morning :sneaky2:

[Quantitative Easing]

Wonder if any NZ subscribers will be dropping Netflix for NEON? :D

https://movieweb.com/cuties-netflix-cancellations/?fbclid=IwAR1u5Nl-V8DdU6ppzNCBSlbZih1im0K5V5IAyQPQ4ycE0eSNULIIoMrIem 8

I think the Neon app has improved dramatically. It's almost as good as Netflix. Really enjoyed/enjoying watching old Kiwi classics like Outrageous Fortune. That is the MOAT for Neon. Kiwi shows that Netflix don't have.

[clown]

Doubt it'll make a dent. The "woke" kids these days are quite selective when it comes to being "woke", they'll only apply the cancel culture when it doesn't impact themselves.

Further more, 1 account is probably being shared amongst 4 family members, imagine a 20 something year old making demands to their mum to cancel her netflix, coz it's "the right thing to do to protest" :D


True, I've got a colleague who is younger than me and he has a netflix account, but never uses it. We more of them to do the same with NEON.

[clown]

I think the Neon app has improved dramatically. It's almost as good as Netflix. Really enjoyed/enjoying watching old Kiwi classics like Outrageous Fortune. That is the MOAT for Neon. Kiwi shows that Netflix don't have.

I think NEON is amazing and would definitely pay extra for some good movies too. Netflix is a bunch of crap on rotation at the moment.

[Zaphod]

True, I've got a colleague who is younger than me and he has a netflix account, but never uses it. We more of them to do the same with NEON.

We dropped Netflix a few months ago as we'd watch everything we felt was worthwhile. We'll probably pick it up again in a few months time when new features are released, but I suspect COVID will impact production on all platforms.

We're going to pick up Neon for a while as there are some shows on there have piqued our interest.

[gains]

Someone appeared to be accumulating yesterday at 15.4.

Pretty much anything that got hung out at that level got hit. Plus 500k bid on the close which has mysteriously disappeared this morning :sneaky2:

A ~$300k swapping hands on open this morning..

[clown]

More Rugby non the way.. would this be covered on Sky sports or Rugby pass? Or both?

https://www.nzherald.co.nz/sport/news/article.cfm?c_id=4&objectid=12365676

[tqtq]

More Rugby non the way.. would this be covered on Sky sports or Rugby pass? Or both?

https://www.nzherald.co.nz/sport/news/article.cfm?c_id=4&objectid=12365676

Good question. Hopefully both. I'm pretty sure Sky has SAANZAR rights.

[Ogg]

Who's buying all this stock at 0.154?... Sure ain't any Sharesies user.

[Getty]

F f f ff f

[Ogg]

F f f ff f

Fabulous Faafoi funded buyout at fifteen you rekcon?

[Getty]

You're not Faa wrong
He loves his first fifteen rugby, that boy.

[Ogg]

4m @ 16.2


https://www.youtube.com/watch?v=iZ1UdYOrR3E

[Ogg]

My god, it actually went through. Thought it was a fake order....

https://media.tenor.com/images/cf9f19d1172d05b4af816933befa13e5/tenor.gif

[Getty]

Yes, half the days volume in last trade, 15.9c,
Its whats known as the Faafoi effect.

[jimdog31]

Yes, half the days volume in last trade, 15.9c,
Its whats known as the Faafoi effect.

WTF just happened?

[Getty]

Ogg's brokered a deal, on behalf of the rest of us.

[BigBob]

WTF just happened?

Quarterly rebalance...

SKT is not the only security with a wild swing on close...

[Ogg]

Quarterly rebalance...

SKT is not the only security with a wild swing on close...

Caught with their pants down thinking SKT was getting kicked out of the NZX50.

[mistaTea]

Caught with their pants down thinking SKT was getting kicked out of the NZX50.

Nice “little gain” at the end mate.

[ba9]

[QUOTE=Ogg;844883]4m @ 16.2

Nice one. Looking forward to Sweet 16, next week :)

[clown]

Good week post results :t_up:

[winner69]

Good week post results :t_up:

But even with today’s strong close still 4%/5% down from before announcement

Not a good sign ...and long time to next update I fear

[Balance]

But even with today’s strong close still 4%/5% down from before announcement

Not a good sign ...and long time to next update I fear

Merger announcement any day though?

[gains]

Merger announcement any day though?

Not if the directors have been buying shares.. they wouldn’t be allowed if they knew of such an announcement..

[Ogg]

Nice “little gain” at the end mate.

$17,551


https://www.youtube.com/watch?v=Uk1IY3qJl8w

[clown]

But even with today’s strong close still 4%/5% down from before announcement

Not a good sign ...and long time to next update I fear

That's a good point. Can't wait for the next announcement...

Martin after the next announcement..

https://memegenerator.net/img/instances/67931527.jpg

[clown]

Wow :ohmy:
https://movieweb.com/mulan-2020-box-office-disney-plus-earnings/?fbclid=IwAR2z7ISDf7Dr7y4a9KvuSfpal5wRVfX28ynhOKPT Pxj9RFFK-m3JWUCjbe8

[Stock888]

SKT is heading to $0.60 :)

[Balance]

SKT is heading to $0.60 :)

You can have mine for 30c. Just needs to pay me an call option fee of 3c. Cheap way to play the stock.

[Dlownz]

You can have mine for 30c. Just needs to pay me an call option fee of 3c. Cheap way to play the stock.

This threads so busy it's a shame its a little hard to scroll back and find all our price predictions before the result. Someone might find them. But I couldn't lol

[Ogg]

You can have mine for 30c. Just needs to pay me an call option fee of 3c. Cheap way to play the stock.

I'd probably take that if you gave me 36 months.

[Ogg]

Comcast Doesn't Care if You Want to Cut the Cord

https://www.fool.com/investing/2020/09/19/comcast-doesnt-care-if-you-want-to-cut-the-cord/

"Roberts says 2 million households have taken the Flex device, which is offered free with Comcast's broadband service. One million of those households use the device on a regular basis."

This the reason why Sky is coming out with a new box next year, so you get the set top box free if you sign up to Sky broadband. This would be a serious threat to Vodafone TV, where you have to pay $150 for the box.

[mistaTea]

Comcast Doesn't Care if You Want to Cut the Cord

https://www.fool.com/investing/2020/09/19/comcast-doesnt-care-if-you-want-to-cut-the-cord/

"Roberts says 2 million households have taken the Flex device, which is offered free with Comcast's broadband service. One million of those households use the device on a regular basis."

This the reason why Sky is coming out with a new box next year, so you get the set top box free if you sign up to Sky broadband. This would be a serious threat to Vodafone TV, where you have to pay $150 for the box.

Vodafone currently give you a VTV for free if you take an unlimited broadband plan.

At least, they used to.

It’s just with VTV you also have the option to buy it as a stand-alone product. So you don’t have to be a Vodafone broadband customer to get Vodafone TV.

But yes, the new box they are planning will compete directly with VTV.

And the new box looks a lot better than VTV - better UI and has the upscaling feature which looks very nice.

I’m still 50/50 on how popular the new box will be in reality. But we will have to wait and see what the Sky customisations are first.

[Ogg]

Vodafone currently give you a VTV for free if you take an unlimited broadband plan.

At least, they used to.

It’s just with VTV you also have the option to buy it as a stand-alone product. So you don’t have to be a Vodafone broadband customer to get Vodafone TV.

But yes, the new box they are planning will compete directly with VTV.

And the new box looks a lot better than VTV - better UI and has the upscaling feature which looks very nice.

I’m still 50/50 on how popular the new box will be in reality. But we will have to wait and see what the Sky customisations are first.

So the question is, is Vodafone happy to compete with Sky on broadband and also the set top box market. And is Discovery happy to compete with Sky between TV3 and Prime Television.

Seems like Sky is just a third wheel and in the way.

[Ogg]

Not only is Sky "in the way", they are the only ones making money.

With Vodafone TV, the money is made with add on services, like pay per view and subscriptions.

With free to air TV, the money is made by upselling content from Prime to Sky channel 1. For example, you will see one episode of Pawn Stars on prime, but if you want to watch another episode you need Sky channel 1. If Discovery want to upsell content from TV3, they need a Pay TV provider and a customer base.

[mistaTea]

So the question is, is Vodafone happy to compete with Sky on broadband and also the set top box market. And is Discovery happy to compete with Sky between TV3 and Prime Television.

Seems like Sky is just a third wheel and in the way.

It seems that IFT are happy so long as Sky maintain their wholesale arrangement. I am sure they will have plans to expand VTV beyond Sky.

Adding Spark Sport, for example.

[mistaTea]

With Vodafone TV, the money is made with add on services, like pay per view and subscriptions.


Vodafone clip the ticket on all Sky bundles that are added. So Sky have to go through all the expense of acquiring good content, and then Vodafone just clip the ticket each month for using their platform. I

Not sure if the freeview channels pay them anything for providing their content on their platform, but I assume Vodafone still make money even if customers don't add on any Sky bundles. Otherwise they would only make some money on the sale of the set top box.

[k14]

I would be interested to hear people's thoughts on my experience with Sky last week. I am a shareholder (smallish holding) but around 15% of my portfolio. If there are other customers experiencing this boneheaded service then I have some concerns going forward.

I subscribed back up to Sky Sport Now back in June and have been happily watching it since. Been working great till last Thursday night, tried to watch some golf highlights and I got an error message saying my account couldn't access that content. So jumped on my PC and logged into my account. It showed my account was inactive and after looking around a bit more I saw that three credit card transactions had failed to go through. The first on 10th September (renewal date) and then two more on the 14th and 16th with my account cancelled on the third failure. Silly me, I forgot I had been sent a new card from my bank in August so updated the details online and thought the account would reactivate. Nope, had to resubscribe at the full rate of $39 a month compared to the deal I had of $25 a month for 12 months. I went through my email and spam, no emails at all from Sky to tell me of the first failed payment on the 10th. Sent the helpdesk an email, they said basically "You let your account expire, deal can't be renewed you can re-sign up for the advertised price". I replied and got a similarly blunt response, I thought the tone of the emails were also pretty telling of a company with low employee engagement.

So, now Sky have lost a customer. Just cannot fathom the stupidity of their system that doesn't notify a user that the payment has failed. I kept using the account for a week after it failed and never was notified. I would have happily paid the monthly fee which included the week I used it. Now I am reconsidering the subscription and probably just go without till another deal comes along.

I find it hard to believe this is a one off event. The amount of users in a similar boat to me on both Sky Sport Now and Neon must be pretty high. Credit cards usually have a life of 3 years I think? So divide the number of users on these platforms by 36 and you can see how many they risk loosing every month when the credit card details lapse. No wonder the ship is sinking if they treat all customers like this!

[mistaTea]

I would be interested to hear people's thoughts on my experience with Sky last week. I am a shareholder (smallish holding) but around 15% of my portfolio. If there are other customers experiencing this boneheaded service then I have some concerns going forward.

I subscribed back up to Sky Sport Now back in June and have been happily watching it since. Been working great till last Thursday night, tried to watch some golf highlights and I got an error message saying my account couldn't access that content. So jumped on my PC and logged into my account. It showed my account was inactive and after looking around a bit more I saw that three credit card transactions had failed to go through. The first on 10th September (renewal date) and then two more on the 14th and 16th with my account cancelled on the third failure. Silly me, I forgot I had been sent a new card from my bank in August so updated the details online and thought the account would reactivate. Nope, had to resubscribe at the full rate of $39 a month compared to the deal I had of $25 a month for 12 months. I went through my email and spam, no emails at all from Sky to tell me of the first failed payment on the 10th. Sent the helpdesk an email, they said basically "You let your account expire, deal can't be renewed you can re-sign up for the advertised price". I replied and got a similarly blunt response, I thought the tone of the emails were also pretty telling of a company with low employee engagement.

So, now Sky have lost a customer. Just cannot fathom the stupidity of their system that doesn't notify a user that the payment has failed. I kept using the account for a week after it failed and never was notified. I would have happily paid the monthly fee which included the week I used it. Now I am reconsidering the subscription and probably just go without till another deal comes along.

I find it hard to believe this is a one off event. The amount of users in a similar boat to me on both Sky Sport Now and Neon must be pretty high. Credit cards usually have a life of 3 years I think? So divide the number of users on these platforms by 36 and you can see how many they risk loosing every month when the credit card details lapse. No wonder the ship is sinking if they treat all customers like this!

That sounds terrible mate. They should absolutely alert you when a payment has failed. They have your email address ffs - not difficult and important to let customers know when there is a problem.

They still have the annual deal for $299.99 for 12 months though? So you can get the $25/month deal still?

That’s the one I got.

[k14]

That sounds terrible mate. They should absolutely alert you when a payment has failed. They have your email address ffs - not difficult and important to let customers know when there is a problem.

They still have the annual deal for $299.99 for 12 months though? So you can get the $25/month deal still?

That’s the one I got.
Yes, you are right in regards to the $299 deal. Although reading it I think it's an up front $299 payment vs $25 a month for 12 months (which is what I was on) with the option to cancel at any time which was what I was on. Not a bad deal but locked in for 12 months makes me a little tentative specially seeing as sport could go back to 0 at any time.

[Ogg]

I would be interested to hear people's thoughts on my experience with Sky last week. I am a shareholder (smallish holding) but around 15% of my portfolio. If there are other customers experiencing this boneheaded service then I have some concerns going forward.

I subscribed back up to Sky Sport Now back in June and have been happily watching it since. Been working great till last Thursday night, tried to watch some golf highlights and I got an error message saying my account couldn't access that content. So jumped on my PC and logged into my account. It showed my account was inactive and after looking around a bit more I saw that three credit card transactions had failed to go through. The first on 10th September (renewal date) and then two more on the 14th and 16th with my account cancelled on the third failure. Silly me, I forgot I had been sent a new card from my bank in August so updated the details online and thought the account would reactivate. Nope, had to resubscribe at the full rate of $39 a month compared to the deal I had of $25 a month for 12 months. I went through my email and spam, no emails at all from Sky to tell me of the first failed payment on the 10th. Sent the helpdesk an email, they said basically "You let your account expire, deal can't be renewed you can re-sign up for the advertised price". I replied and got a similarly blunt response, I thought the tone of the emails were also pretty telling of a company with low employee engagement.

So, now Sky have lost a customer. Just cannot fathom the stupidity of their system that doesn't notify a user that the payment has failed. I kept using the account for a week after it failed and never was notified. I would have happily paid the monthly fee which included the week I used it. Now I am reconsidering the subscription and probably just go without till another deal comes along.

I find it hard to believe this is a one off event. The amount of users in a similar boat to me on both Sky Sport Now and Neon must be pretty high. Credit cards usually have a life of 3 years I think? So divide the number of users on these platforms by 36 and you can see how many they risk loosing every month when the credit card details lapse. No wonder the ship is sinking if they treat all customers like this!

https://pbs.twimg.com/media/ER0HhIIWsAISIzk.jpg

[Dlownz]

https://pbs.twimg.com/media/ER0HhIIWsAISIzk.jpg
Actually spark did the same thing to my dad.
I set his account up through my email and never got a warning the payment had failed because if his credit card expiring. So it's not just sky.
He's all up and running again now. He has sky and spark sport

[Bjauck]

That sounds terrible mate. They should absolutely alert you when a payment has failed. They have your email address ffs - not difficult and important to let customers know when there is a problem.

They still have the annual deal for $299.99 for 12 months though? So you can get the $25/month deal still?

That’s the one I got.
A slightly different credit card billing issue - My mother got a replacement credit card so I updated the details for sky’s automatic monthly payment.

However she thought it could not have gone through as she received a bill for the monthly account. No mention on the invoice that the balance would be automatically charged to her account so she paid the bill through online banking. So I checked with Sky - automatic credit card payment had been set up for the new card - it is just that they do not state on each monthly bill that that the balance will be charged to the credit card.

It seems that they way they handle customer communications relating to credit card payments is somewhat patchy.

[silu]

I would be interested to hear people's thoughts on my experience with Sky last week. I am a shareholder (smallish holding) but around 15% of my portfolio. If there are other customers experiencing this boneheaded service then I have some concerns going forward.

I subscribed back up to Sky Sport Now back in June and have been happily watching it since. Been working great till last Thursday night, tried to watch some golf highlights and I got an error message saying my account couldn't access that content. So jumped on my PC and logged into my account. It showed my account was inactive and after looking around a bit more I saw that three credit card transactions had failed to go through. The first on 10th September (renewal date) and then two more on the 14th and 16th with my account cancelled on the third failure. Silly me, I forgot I had been sent a new card from my bank in August so updated the details online and thought the account would reactivate. Nope, had to resubscribe at the full rate of $39 a month compared to the deal I had of $25 a month for 12 months. I went through my email and spam, no emails at all from Sky to tell me of the first failed payment on the 10th. Sent the helpdesk an email, they said basically "You let your account expire, deal can't be renewed you can re-sign up for the advertised price". I replied and got a similarly blunt response, I thought the tone of the emails were also pretty telling of a company with low employee engagement.

So, now Sky have lost a customer. Just cannot fathom the stupidity of their system that doesn't notify a user that the payment has failed. I kept using the account for a week after it failed and never was notified. I would have happily paid the monthly fee which included the week I used it. Now I am reconsidering the subscription and probably just go without till another deal comes along.

I find it hard to believe this is a one off event. The amount of users in a similar boat to me on both Sky Sport Now and Neon must be pretty high. Credit cards usually have a life of 3 years I think? So divide the number of users on these platforms by 36 and you can see how many they risk loosing every month when the credit card details lapse. No wonder the ship is sinking if they treat all customers like this!

You got Sky Sports Now for $25/month? I'm getting ripped off here.

[ba9]

Vodafone currently give you a VTV for free if you take an unlimited broadband plan.

At least, they used to.



Just a small update on the Vodafone box. I believe the box needs to be returned, if the service is disconnected.

https://www.vodafone.co.nz/tv/vodafone-tv-broadband-package/
"We remain the owner of the VodafoneTV box. If the VodafoneTV box is not returned within 4 weeks following disconnection of the VodafoneTV Service or is damaged beyond reuse, a $120 charge will be applied to your account. "

[ba9]

Ogg "This the reason why Sky is coming out with a new box next year, so you get the set top box free if you sign up to Sky broadband. This would be a serious threat to Vodafone TV, where you have to pay $150 for the box."

SKY may not be able to give the box out for free. Considering the Cost of the box and Margins on Subs :)

[Ogg]

Ogg "This the reason why Sky is coming out with a new box next year, so you get the set top box free if you sign up to Sky broadband. This would be a serious threat to Vodafone TV, where you have to pay $150 for the box."

SKY may not be able to give the box out for free. Considering the Cost of the box and Margins on Subs :)

Customers definitely won't be paying for it. Might be on a lease. Sky probably don't even own the box. They're probably leasing them from Nvidia, who in turn are leasing them from a Chinese manufacture, who in turn are getting money from the Chinese government.

[RTM]

You got Sky Sports Now for $25/month? I'm getting ripped off here.

I was talking to a guy along the road about Sky Sports Now. He rang them about changing his current satellite service to SkySportNow.
They gave him an unbelievable deal to stay on Satellite. Can't recall the details.
But my point is...same old.....loyal uncomplaining customers get shafted.
He is happy as now.

[Ogg]

I was talking to a guy along the road about Sky Sports Now. He rang them about changing his current satellite service to SkySportNow.
They gave him an unbelievable deal to stay on Satellite. Can't recall the details.
But my point is...same old.....loyal uncomplaining customers get shafted.
He is happy as now.

Ye olde, ring em' up and say you're cancelling trick.

[mistaTea]

Just a small update on the Vodafone box. I believe the box needs to be returned, if the service is disconnected.

https://www.vodafone.co.nz/tv/vodafone-tv-broadband-package/
"We remain the owner of the VodafoneTV box. If the VodafoneTV box is not returned within 4 weeks following disconnection of the VodafoneTV Service or is damaged beyond reuse, a $120 charge will be applied to your account. "

Yes that is correct, if you received it for 'free' (i.e. you did not buy the STB) then it is not your property and you are required to return it if you ever cancel your broadband.

Fair enough too.

[Ogg]

They need to bring back the old school remote (far right):

https://i1.wp.com/stoppress.co.nz/wp-content/uploads/converted_files/tumb/images/blog/2015/05/11270683_10153307305403934_8417226625318200039_o_( 1).jpg?resize=660%2C371&ssl=1


I love how the red button says "Pay"

Funny how the next gen remotes are now going back to having less buttons.

[Ogg]

ACC fund: Added 11m shares net.

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/SKT/360113/331172.pdf

In for a penny in for a pound?

The two largest holders of Sky, Jupitar and ACC, are the ones buying the stock. I assume they are both averaging down and wanting more control.

BlackCrane Capital sitting on a low average of 17.8 and Vanguard is sitting on a huge amount at 12c.

UBS too busy trading this to death for pips. Kiltearn asleep over in the UK.

All these muppets need to get together and get something cooking here.

[winner69]

Well that was a pretty ****ty day on the bourse for SKT

[SpaceZ]

Well that was a pretty ****ty day on the bourse for SKT

"Nice little gain" has evaporated. :confused:

[Quantitative Easing]

Ah the old Sky ad couple. Reminds me a bit of MrT and Ogg...Funny how things change with no local cricket on sky...


https://www.youtube.com/watch?v=vz3K2PV2vbQ&ab_channel=DragoonClawNZ1

[Ogg]

Discovery Gains

https://i.imgur.com/hojJi6f.gif

[mistaTea]

Ah the old Sky ad couple. Reminds me a bit of MrT and Ogg...Funny how things change with no local cricket on sky...


https://www.youtube.com/watch?v=vz3K2PV2vbQ&ab_channel=DragoonClawNZ1

I’m still waiting for Ogg to call me so we can put our own LBO proposal together.

[Ogg]

I’m still waiting for Ogg to call me so we can put our own LBO proposal together.

Entire movie is on Youtube, lol.

Best part @ 37:18


https://www.youtube.com/watch?v=iPhF_YwWvoM

[blackcap]

Entire movie is on Youtube, lol.


I would take $75 a share LOL.

[Getty]

Ah the old Sky ad couple. Reminds me a bit of MrT and Ogg...Funny how things change with no local cricket on sky...


https://www.youtube.com/watch?v=vz3K2PV2vbQ&ab_channel=DragoonClawNZ1

Good on you for bringing those 2 back.
I used to love the ad where they where in what looked like an RSA, & brought the TV crashing to the floor, in the middle of a rugby broadcast.
Even though I must have seen it a hundred times, I still laughed every time , for me, the best ad of all time.

[mistaTea]

I would take $75 a share LOL.

So greedy like Ross Johnson.

I would settle for $7.50 per share!

[blackcap]

So greedy like Ross Johnson.

I would settle for $7.50 per share!

Haha, I would probably even settle for $0.75 per share although I would have to have a think at that level.

[mistaTea]

Haha, I would probably even settle for $0.75 per share although I would have to have a think at that level.

LOL, yeah @75c I would have to think too - do I sh1t or go blind?!

[Heimand]

Guys, share price at the moment is $0.152! I will be even at $0.184 and would be happy to sell at that price.
Maybe you have some solid information but my understanding is we won't see $0.75 even with take over.

[Gregnz]

Have I missed something today? The share price is taking a hammering, someone is dumping at 0.149??

[mistaTea]

Have I missed something today? The share price is taking a hammering, someone is dumping at 0.149??

Second wave of COVID hitting Europe...

So naturally Sky TV NZ must be worth less money today compared to yesterday...it all makes perfect sense.

[Gregnz]

Second wave of COVID hitting Europe...

So naturally Sky TV NZ must be worth less money today compared to yesterday...it all makes perfect sense.

Seriously I’m starting to lose faith in the NzX, there was a sell off yesterday after the 1pm announcement that the country was moving to level 1.
How on earth the market sees that as bad news beggars belief

[winner69]

Have I missed something today? The share price is taking a hammering, someone is dumping at 0.149??

Some finally taking their profits before it gets back to 12 cents

Maybe 12 cents is all it’s worth.

[Gregnz]

Some finally taking their profits before it gets back to 12 cents

Maybe 12 cents is all it’s worth.

Trading at 16 cents yesterday, what’s happened since that suddenly makes it worth 0.148?
Hence I thought I’d missed a announcement affecting Sky.

[Cash_Lion]

Trading at 16 cents yesterday, what’s happened since that suddenly makes it worth 0.148?
Hence I thought I’d missed a announcement affecting Sky.

US Stock market tanking... NZX market follows. Should bounce back up since new stimulis is coming. See this as a buying opportunity.

[Hello123]

Trading at 16 cents yesterday, what’s happened since that suddenly makes it worth 0.148?
Hence I thought I’d missed a announcement affecting Sky.

You ok Greg?

[jimdog31]

Seriously I’m starting to lose faith in the NzX, there was a sell off yesterday after the 1pm announcement that the country was moving to level 1.
How on earth the market sees that as bad news beggars belief

I'm beginning to think that the only sensible investment strategy right now is "contrarian". You invest in unprofitable companys that have bad results and the price goes up. and vice versa

[Ogg]

Seriously I’m starting to lose faith in the NzX, there was a sell off yesterday after the 1pm announcement that the country was moving to level 1.
How on earth the market sees that as bad news beggars belief

It's the UBS bots trading the volatility.

It's designed to draw out human emotions, such as: "Maybe 12 cents is all it’s worth."

Put a 1m order on there from a non-retail market participant and watch the bot auto change to an acclamation algorithm.

The problem is, apart from the odd retail punter, and the existing institutional investors, they're isn't much demand for the stock. Not because it isn't a great buy, but because new institutional investors are passing it up for growth stocks or more stable long term value companies. There aren't that many Black Cranes out there willing to take a bet at this stage in the turn around phase.

I see the existing institutional investors continuing to add to their position and build up larger holdings over time. Then some type of liquidity event happening.

[Gregnz]

You ok Greg?

Yep, fine. Just trying to make sense from no sense

[LEMON]

Emotions lose you money.

As long as there is no bad announcements and the company looks to perform well or better later don't panic. You can't expect to make a fortune in a night, or everyone would be millionaires. Sit tight and don't use the money if you need it.

[bull....]

Have I missed something today? The share price is taking a hammering, someone is dumping at 0.149??

its the cry baby pattern , just took a bit longer to happen than i thought. mentioned it last week

[Ogg]

My gains, my precious gains, give them back!

https://pbs.twimg.com/profile_images/2872457495/343db5088b414ebebdc5c4205d3b661f.jpeg

[Dlownz]

My gains, my precious gains, give them back!

https://pbs.twimg.com/profile_images/2872457495/343db5088b414ebebdc5c4205d3b661f.jpeg

Not a lot of shares on offer so I don't see it staying down too long

[Ogg]

Not a lot of shares on offer so I don't see it staying down too long

We're at USD $169m market cap.

Discovery Inc issuing new 35 year notes, maturing on the 15th September 2055, at 4% interest rate.

https://ir.corporate.discovery.com/static-files/2585c090-fd1d-4df0-9f00-c58e77d685ff

No, surely they're not going to buy this thing. It's way over priced and money is too expensive to borrow right now...

https://cdn140.picsart.com/266164322010201.png?type=webp&to=crop&r=256

[mistaTea]

I wonder how long it will take Discovery to gain approval for the TV3 purchase?

Any idea fellow posters?

[nztx]

Is it time to gobble up some more of these ? ;)

[Dlownz]

Is it time to gobble up some more of these ? ;)

I've got a buy price if it happens to go lower again but it would have to be down into the low 14s. My breakeven is now 16.3c

[nztx]

I've got a buy price if it happens to go lower again but it would have to be down into the low 14s. My breakeven is now 16.3c

I'm at Weighted Ave cost 15.86c

[Ogg]

I wonder how long it will take Discovery to gain approval for the TV3 purchase?

Any idea fellow posters?

QMS took 6 months from announcement to approval for the Mediaworks merger last year:

https://www.asx.com.au/asxpdf/20190730/pdf/4470b4s5m7lygw.pdf

Assuming, Discovery and Mediaworks have been working on this since June (when the rumors surfaced) that puts the timeframe for end of year. Mediaworks is also on a 31st Dec balance date, so it would need to be wrapped up by then for tax purposes.

I reckon this will be wrapped up before the holidays. I'm guessing late Nov, early December.

[bull....]

looks like the cry babies are moving to sell there stock

[Tony Two Gloves]

looks like the cry babies are moving to sell there stock
Looks like you are a "Glass half empty kind of guy" :) A great opportunity to top up further for the true believers......

[GR8DAY]

.....bargain time revisited. Twas sure it was going to break 16c yet again last week. Gutometer not what it used to be.....need to dose up on some probiotics I think....them bad boys getting out of control again.

[ba9]

A truly unpredictable stock :) Hopefully a buyout on the way.

[tqtq]

IP advertising coming to Discovery. This is the future of advertising for streaming and fta

https://www.hollywoodreporter.com/news/discovery-acquires-ad-tech-start-up-adsparx

[Ferg]

IP advertising coming to Discovery. This is the future of advertising for streaming and fta
If by "FTA" you mean "free to air" advertising then IP targeting is not possible under FTA technology. FTA is like a shotgun. IP targeting is like a sniper rifle.

[tqtq]

If by "FTA" you mean "free to air" advertising then IP targeting is not possible under FTA technology. FTA is like a shotgun. IP targeting is like a sniper rifle.

Yes, IP advertising won't work on FTA's broadcast spectrum but it will work on their streaming services and at some point, probably when 4K or 8K is adopted at the FTA standard, it will all move over to streaming / live streaming.

[nevchev]

Anyone averaging down or just to risky?

[Ogg]

Anyone averaging down or just to risky?


https://www.youtube.com/watch?v=K8E_zMLCRNg

[Heimand]

Anyone averaging down or just to risky?

SKT doesn't follow any rational rules, however low 14 should be a good point to averaging down.

Disc: hold some, 15% of my portfolio, at 18.5c average

[Tony Two Gloves]

Anyone averaging down or just to risky?
i'm not at this stage as my holding owes me 0.139 - If it gets down to 0.13 I will be 100%! How is that large buyer from Friday feeling purchasing at 0.159? It's the long game.....

[Ogg]

Anyone averaging down or just to risky?

I will average down again when I see more unsubstantiated rumors, gossip and hearsay from anonymous online posters about an unconfirmed, speculative and unlikely takeover from an unknown and unverified source.

https://pbs.twimg.com/media/Bkw5FJDIUAAoTK2.jpg

[Joshuatree]

I will average down again when I see more unsubstantiated rumors, gossip and hearsay from anonymous online posters about an unconfirmed, speculative and unlikely takeover from an unknown and unverified source.

https://pbs.twimg.com/media/Bkw5FJDIUAAoTK2.jpg

This coming from one of the best rampers ive seen here, someone with a nick of Ogg.Egg on face;)

[Ogg]

This coming from one of the best rampers ive seen here, someone with a nick of Ogg.Egg on face;)

"Takeover at $4.20. Funding secured!"

[nevchev]

This coming from one of the best rampers ive seen here, someone with a nick of Ogg.Egg on face;)

I dont think thats egg!

[mistaTea]

I dont think thats egg!

Ogg went for the money and ended up receiving the Money Shot instead!

[Tony Two Gloves]

looks like all the Directors are happy to buy at 0.15 - Good Onya Philip Bowman :)

On-market acquisition of 150,498fully paid ordinary shares in SkyNetwork Television Limited on 21September 2020 at NZ$0.1540 pershare. On-market acquisition of99,502 fully paid ordinary shares inSky Network Television Limited on22 September 2020 at NZ$0.1500

[mistaTea]

looks like all the Directors are happy to buy at 0.15 - Good Onya Philip Bowman :)

On-market acquisition of 150,498fully paid ordinary shares in SkyNetwork Television Limited on 21September 2020 at NZ$0.1540 pershare. On-market acquisition of99,502 fully paid ordinary shares inSky Network Television Limited on22 September 2020 at NZ$0.1500

And more evidence that Discovery have not started any ‘preliminary talks’ while waiting for comcom approval to buy TV3.

Excellent...

[airedale]

I wonder if Derek Handley will follow suit and buy a few.

[jimdog31]

I wonder if Derek Handley will follow suit and buy a few.

Now you're clutching!

[LEMON]

Big sell out order at .149

[Tony Two Gloves]

Big sell out order at .149
Hmmm this could get ugly this afternoon....

[winner69]

Little wonder SKT lost their way strategically — mistatea fail to explain itselfness to them properly

[mistaTea]

Little wonder SKT lost their way strategically — mistatea fail to explain itselfness to them properly

I am perfectly willing to accept that the current difficulties Sky TV face are all my fault :t_up:

[airedale]

I am perfectly willing to accept that the current difficulties Sky TV face are all my fault :t_up:


Mista Tea, these are opportunities not difficulties. The Chinese character for crisis consists of two characters, one means Danger, the other means Opportunities.

[mistaTea]

Warren Buffett bets on old media with backing of $4.1b broadcast deal as EW Scripps buys ION Media
https://nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12368056

My hero Buffet investing in traditional ‘old media’ broadcaster...

[tqtq]

Warren Buffett bets on old media with backing of $4.1b broadcast deal as EW Scripps buys ION Media
https://nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12368056

My hero Buffet investing in traditional ‘old media’ broadcaster...

Old media is where the smart money is, particularly at these prices.
I hope all of the people that speak negatively about this sector sit up and take note.

[Dlownz]

Patience is the key with this one. It's hard seeing other stocks climbing but I'm 99.9% certain this will be a great stock to hold. I'm doing well in the stock pick competition and this will be my number one pick in the next one. Trying to short list the next pick of the bunch already.

[nztx]

Patience is the key with this one. It's hard seeing other stocks climbing but I'm 99.9% certain this will be a great stock to hold. I'm doing well in the stock pick competition and this will be my number one pick in the next one. Trying to short list the next pick of the bunch already.

My thoughts too - have a number of others on the picks list too

[nevchev]

Seems its back to the day to day churn now.We should see a gradual rise from here

[tqtq]

Seems its back to the day to day churn now.We should see a gradual rise from here

It'd be a holding pattern until Sky start talking about broadband progress, ppv figures, Olympics advertising deals, or the next business update.

[tqtq]

If you're bored and looking for news here's a bot authored article on Sky that's probably woefully inaccurate (I don't know as I didn't bother reading it): https://simplywall.st/stocks/nz/media/nzx-skt/sky-network-television-shares/news/sky-network-television-nzseskt-takes-on-some-risk-with-its-use-of-debt/

[Lion_graf]

Article from 11 months ago.. almost sounds like they wish tvnz and spark sport the best. No intention of keeping full broadcast rights.

Are they continuing to roll over and let their competitors take more until they have nothing left?

I still dont have a clear picture of what sky aim to achieve and how they will achieve it. At best we can see a take over I guess.

The broadband thing who knows..

https://www.tvnz.co.nz/one-news/sport/cricket/tvnz-broadcast-some-black-caps-white-ferns-t20s-free-air-part-nz-crickets-new-deal-spark-sport

[RTM]

South Africa pulling its teams out of the SANZAR competition is not going to strengthen SKY’s rugby offering. Or NZ rugby for that matter.

[mistaTea]

South Africa pulling its teams out of the SANZAR competition is not going to strengthen SKY’s rugby offering. Or NZ rugby for that matter.

I disagree. I think a trans-Tasman tournament with the addiction of a pacific island team could be a better tournament.

Hardly anyone wanted to stay up or get up early to watch the Hurricanes play the Sharks in Pretoria. The time zones were always a problem.

There have been mumblings about this happening for years now. But the cash kept rolling in from broadcast rights etc so there was never any pressure to change. COVID has now forced that change.

Super Rugby Aotearoa was a huge success for Sky TV. I think a South Pacific tournament has plenty of potential.

And with SA leaving to explore other opportunities in the northern hemisphere, it may prove another opportunity for Sky to renegotiate how much it needs to pay for rugby. I don’t know if they actually can - just musing out loud.

[RTM]

I disagree. I think a trans-Tasman tournament with the addiction of a pacific island team could be a better tournament.

Hardly anyone wanted to stay up or get up early to watch the Hurricanes play the Sharks in Pretoria. The time zones were always a problem.

There have been mumblings about this happening for years now. But the cash kept rolling in from broadcast rights etc so there was never any pressure to change. COVID has now forced that change.

Super Rugby Aotearoa was a huge success for Sky TV. I think a South Pacific tournament has plenty of potential.

And with SA leaving to explore other opportunities in the northern hemisphere, it may prove another opportunity for Sky to renegotiate how much it needs to pay for rugby. I don’t know if they actually can - just musing out loud.

I see the competition as being a lot weaker than it was. The power house that is Australian Rugby is hardly appealing. For me anyway.
Although the way they are treating us at the moment.....I hope we obliterate them...and walk away from the last game.

[Greekwatchdog]

I see this as positive and easier to sell commercially due to times from SA. Super Rugby has been dead for years. A new comp with a Pacifica Team and Revitalized Aust. teams will be good all round.

[RTM]

I see this as positive and easier to sell commercially due to times from SA. Super Rugby has been dead for years. A new comp with a Pacifica Team and Revitalized Aust. teams will be good all round.

I guess the Aussies can hire some NZ and SA players to bolster their strength.

[bull....]

super rugby be worse of now and only accelerate the demise of the all blacks brand as europe rugby becomes the more competitive competition

[winner69]

super rugby be worse of now and only accelerate the demise of the all blacks brand as europe rugby becomes the more competitive competition

I would hazard a guess the number of viewers watching rugby continues to decline ...maybe quite significantly

Not good for long term outlook for Sky

[RTM]

super rugby be worse of now and only accelerate the demise of the all blacks brand as europe rugby becomes the more competitive competition


I would hazard a guess the number of viewers watching rugby continues to decline ...maybe quite significantly

Not good for long term outlook for Sky

Yes....agree with both of you. Exactly what I was getting at.

[clown]

Update from Sky about SA rugby

While the implications of the SARU decisions are yet to be fully discussed with New Zealand Rugby and its SANZAAR partners, Sky continues to have the right to broadcast all premium rugby content, including the likes of the upcoming Bledisloe Cup and The Rugby Championship matches, in New Zealand under the ongoing SANZAAR arrangements.

https://www.nzx.com/announcements/360645

[RTM]

Additionally....one would think it would become increasingly difficult to tie the ALL BLACKS to the Australasian / Pacific competition. I don't think this augurs well for the future strength of the AB's, NZ Rugby....or SKY.

[clown]

Would there really be any competition? Or just ABs and AUS dominating... SA rugby is also looking at moving teams into the top 14, which will be very interesting.


Additionally....one would think it would become increasingly difficult to tie the ALL BLACKS to the Australasian / Pacific competition. I don't think this augurs well for the future strength of the AB's, NZ Rugby....or SKY.

[bull....]

who owns the rights to stream european championship rugby in nz

[Sideshow Bob]

https://www.nzx.com/announcements/360723

Kiltearn sold about 32m over recent months.

[Balance]

https://www.nzx.com/announcements/360723

Kiltearn sold about 32m over recent months.

Gulp. 😳

Only another 103m shares to go before they finish selling.

Guess they have given up on any potential corporate activity.

[ba9]

https://www.nzx.com/announcements/360723

Kiltearn sold about 32m over recent months.

Perhaps one of the reasons for the drop in share price :)

[Ogg]

NEP & SKY ComCom proposal:

https://comcom.govt.nz/__data/assets/pdf_file/0025/225844/NEP-Broadcast-Services-New-Zealand-Limited-and-Sky-Network-Television-Limited-Clearance-application-25-September-2020.pdf

Ironically, clearance is due Nov 28th, around the same time as Discovery is due to get clearance for Mediaworks.

Will the two get together and talk about the future of the NZ media landscape at Xmas time?


https://www.youtube.com/watch?v=aAkMkVFwAoo

[Ogg]

Gulp. 

Only another 103m shares to go before they finish selling.

Guess they have given up on any potential corporate activity.

Kiltearn have been selling for the last 2 years. They must have lost millions by now. UK based hedge fund that probably has no idea what's going on. They stuffed up their previous disclosure. They obviously want out but only at a reasonable price. They will probably cap the stock unless another Black Crane comes along.

AGM coming up. There better be something good to announce. I get the feeling Kiltearn are not the only ones losing patience.

[bull....]

heres the teams mentioned as replacements for sth africa in super rugby from 2022 season ... leave it up to you to decide if you think that make the competition better to watch

Moana Pasifika, Kanaloa Hawaii, the Fiji Drua, Western Force and the South China Lions

https://www.nzherald.co.nz/sport/news/article.cfm?c_id=4&objectid=12369684

[clown]

IMO a new competition with less competition... the European competition will get stronger, does rugby pass have rights to those games?


heres the teams mentioned as replacements for sth africa in super rugby from 2022 season ... leave it up to you to decide if you think that make the competition better to watch

Moana Pasifika, Kanaloa Hawaii, the Fiji Drua, Western Force and the South China Lions

https://www.nzherald.co.nz/sport/news/article.cfm?c_id=4&objectid=12369684

[Dlownz]

Wonder if that's it from the holder selling down there stake. Certainly sold a few in the last 2 weeks. Will we see a liitle more stability and progress or are they just taking a breather

[Tony Two Gloves]

Wonder if that's it from the holder selling down there stake. Certainly sold a few in the last 2 weeks. Will we see a liitle more stability and progress or are they just taking a breather
Certainly hope so, was glad it didn't dip under 0.14 - hopefully a steady climb up to higher levels.....

[nevchev]

ASM next week so hopefully some news flow.This has been way oversold and is due for a correction

[bull....]

Sky TV hints at big changes to plans, cut-price broadband
Sky TV plans could be in for a big shake-up, with keener pricing and more pick-and-mix choice

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12370781

well i be keen possibly to return to sky if they do away with the compulsory starter pk of free for view channels that you pay $25 for lol and if they offer a pick n mix of channels i be very keen. think that would go down well with alot of punters.

[RTM]

Sky TV hints at big changes to plans, cut-price broadband
Sky TV plans could be in for a big shake-up, with keener pricing and more pick-and-mix choice

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12370781

well i be keen possibly to return to sky if they do away with the compulsory starter pk of free for view channels that you pay $25 for lol and if they offer a pick n mix of channels i be very keen. think that would go down well with alot of punters.

Wonder how us country folk without the ability to (ever?) access Chorus Fibre will get on ?
Not that we really need to....VDSL seems more than OK so far.
Yes...that does sound attractive.
Disc: SKYSPORT NOW subscriber.

[nevchev]

Just grabbed some more of these.My drinking buds have all been moaning about their Netflix choices and what sky is proposing is exactly what there after

[Jay]

Not sure if these changes will come before they offer Fibre/broadband, though a previous article Martin said some staff were trialing their internet offering now
Look good and end up the same or cheaper for me with more content.

[mistaTea]

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12370781

All good changes being considered. For about two years now I have been saying that Sky need to alter their pricing model to have more stand-along packages...but priced in a way that the more you add the cheaper each additional bundle is to add.
That way you can get rid of the Sky Starter entry bundle, and also remove MySky as a separate fee.

Vodafone are 'welcoming' new competition (Yeah right). I see they are not going to let Satellite subs bundle their Sky bill into their Vodafone bill anymore. Vodafone starting to pull away from Sky? Sky is no longer just a business partner now - they are a competitor so it makes sense for Vodafone to unshackle themselves from any obligations that have to Sky now.
Also doesn't sound like something they would be doing if they are on the verge of buying Sky!

[Cash_Lion]

NZME sky rocketing jesus, is Sky TV next?

[Ogg]

internet service could be very cheap, if you sign up to enough channels.

https://i.gifer.com/4PYr.gif

[Zaphod]

Vodafone are 'welcoming' new competition (Yeah right). I see they are not going to let Satellite subs bundle their Sky bill into their Vodafone bill anymore. Vodafone starting to pull away from Sky? Sky is no longer just a business partner now - they are a competitor so it makes sense for Vodafone to unshackle themselves from any obligations that have to Sky now.
Also doesn't sound like something they would be doing if they are on the verge of buying Sky!

VFNZ are still distributing Sky channels via VFTV, but perhaps this will change once Sky releases the new set-top streaming box given it could become a direct competitor.


internet service could be very cheap, if you sign up to enough channels.

In that case it'll probably be another CG-NAT based service which would count me out, but then again maybe I'm not the target demographic.

[Akane]

In that case it'll probably be another CG-NAT based service which would count me out, but then again maybe I'm not the target demographic.

The cheaper RSP's will always be CG-NAT, to the average user it means nothing though, you and I ain't their target demographic.

[airedale]

I am certainly not the demographic. I don,t even what CG-Nat is....or means

[Akane]

I am certainly not the demographic. I don,t even what CG-Nat is....or means

The world is running out of real IP addresses, RSP using some tricks to "share" a single IP among a bunch of connections.
Pros: consume less real world IP addresses, which costs $$$
Cons: Can't run servers and stuff, which 99.9% of the people don't really care about.

[airedale]

The world is running out of real IP addresses, RSP using some tricks to "share" a single IP among a bunch of connections.
Pros: consume less real world IP addresses, which costs $$$
Cons: Can't run servers and stuff, which 99.9% of the people don't really care about.


Thanks Akane, I am right in with that 99.9% after your explanation.

[nevchev]

NZME sky rocketing jesus, is Sky TV next?
There working on it thats for sure!!!They have some smart people coming up with some compelling ideas.

[Alpha]

I can see Sky reaching 0.35 mid 2021 if they get things right. Which I believe they will. Most people I speak to are over Netflix, they are not interested in multiple platforms and now that Sky is looking to give more flexibility and jumping into the Broadband market - I will be looking at bundle options. I have never been a Sky account owner and have only recently joined Neon. I have used Skygo previously and am looking at signing up. Whats to say Sky wont also enter Cellphone market? - I am currently waiting on open plan for Broadband and am looking forward to the next few years ahead.

[Zaphod]

Whats to say Sky wont also enter Cellphone market? .

Perhaps they would consider it in the future.

I do think the market, despite some comments from industry watchdogs, already have enough participants with both physical and virtual network infrastructure, given our small population. The three major players 2DM, VFNZ and Spark each have a number of mobile virtual network operators such as Kogan, Warehouse Mobile, Skinny, etc.

A cellular service may also drag them too far away from their core business into an industry with relatively low margins.

[Ogg]

DISCOVERY+ coming to NZ!

https://i.imgur.com/1bPrM6h.jpg

https://i.imgur.com/6Rkg4zm.gif

[Dlownz]

That just relates to there TV arm. It's not a streaming service as such just a branch of there new media works acquisition

[Ogg]

That just relates to there TV arm. It's not a streaming service as such just a branch of there new media works acquisition

Are you sure?

https://www.forbes.com/sites/bradadgate/2020/09/23/discovery-is-joining-a-crowded-streaming-video-landscape/#4930b0c66f1a

[airedale]

Are you sure?

https://www.forbes.com/sites/bradadgate/2020/09/23/discovery-is-joining-a-crowded-streaming-video-landscape/#4930b0c66f1a
So how does all that affect NZ and Sky TV?

[Ogg]

So how does all that affect NZ and Sky TV?

Dunno. It's either super negative or super positive.

Seems to have worked out well for Mediaworks tho.

Once Discovery gets ComCom approval for Mediaworks TV, and also Sky gets ComCom approval for the NEP sale. You would have to think the two would get together and discuss the future of their partnership. In it's current form it's not exactly optimal for either party as Discovery are basically getting less for their content under a reseller agreement. Sky would also have a more difficult time if another serious competitor entered the market.

Discovery have issued billions in 35 year USD debt at less than 3% interest. Sky has a market cap of only USD $175m. Discovery have been on a buying spree for years. It doesn't take a genius to join the dots. Does Discovery want to acquire 1m paying TV customers in NZ or try and get them all organically?

I really don't know anymore. I'm in big on this - 1,437,304 shares. If Sky sinks, I'm going down with the ship. Happy to watch it all implode if Discovery does try and take on Sky directly. Good luck to them. Just one word of advice to them, NZ are fickle consumers, they don't like change. Try and convince a 55 year old to switch out their SKY TV box for a newly American owned one - easier to push sh*t up hill.

[RTM]

"I really don't know anymore. I'm in big on this - 1,437,304 shares. "

Thats a good sized bet Ogg, best of luck.
I really hope this is just a small %...say 5...of your portfolio.

I have a smaller bet. Hoping it will return enough to replace my iPhone which I dropped on the tar seal while cycling. Very sad.

[airedale]

Dunno. It's either super negative or super positive.

Seems to have worked out well for Mediaworks tho.

Once Discovery gets ComCom approval for Mediaworks TV, and also Sky gets ComCom approval for the NEP sale. You would have to think the two would get together and discuss the future of their partnership. In it's current form it's not exactly optimal for either party as Discovery are basically getting less for their content under a reseller agreement. Sky would also have a more difficult time if another serious competitor entered the market.

Discovery have issued billions in 35 year USD debt at less than 3% interest. Sky has a market cap of only USD $175m. Discovery have been on a buying spree for years. It doesn't take a genius to join the dots. Does Discovery want to acquire 1m paying TV customers in NZ or try and get them all organically?

I really don't know anymore. I'm in big on this - 1,437,304 shares. If Sky sinks, I'm going down with the ship. Happy to watch it all implode if Discovery does try and take on Sky directly. Good luck to them. Just one word of advice to them, NZ are fickle consumers, they don't like change. Try and convince a 55 year old to switch out their SKY TV box for a newly American owned one - easier to push sh*t up hill.

Thanks Ogg, you are in for about 1 million shares more than me and I am just about breaking even on them. So I am sticking around for developments. The big instos who got in at 12 cents will be looking for much more upside.

[nevchev]

Worth a question or two on tuesday i would think

[mistaTea]

I got an email from Vodafone today...

Promoting the Bledisloe Cup match on Sunday and advertising the new offer they have whereby you can subscribe to all Sky Sports channels for $39.99/month (no requirement to take Sky Starter anymore if you just want sport...). I think it is a time-limited deal (which they just extended).

So it seems that Vodafone are still happy with the current arrangement and are doing their part to raise subs.

Vodafone TV is designed around the linear Sky TV model. If they wanted to end their relationship (as has been speculated by some contributors) due to Sky competing in the Broadband space it would be the end of VTV. Certainly as we know it.

Without Sky TV, all it would do is broadcast Freeview channels and host some apps. It would no longer have a point of difference compared to other boxes on the market.

To me it seems that IFT don’t want to buy Sky but nor do they want to end their existing commercial arrangement.

Good news for Sky as VTV can help us grow (or at least stabilise) our ‘satellite’ subs while we grow our streaming audience.

[Ogg]

So...Who's organising the mob on Tuesday to protest the 70% decline over the last year?...


https://i.insider.com/4e94be636bb3f7851e000008?width=600&format=jpeg&auto=webp

[Ogg]

Discovery Plus ‘to launch in early 2021’

https://www.tvbeurope.com/media-delivery/discovery-plus-to-launch-in-early-2021

"The broadcaster is said to be aiming the service at viewers who would not watch its linear programming. “This is for cord cutters,” one executive told Digiday."

[airedale]

So...Who's organising the mob on Tuesday to protest the 70% decline over the last year?...


https://i.insider.com/4e94be636bb3f7851e000008?width=600&format=jpeg&auto=webp


John Fellett? But more seriously, What about Derek Handley. I suppose he may get back on the board if he has the major shareholders convinced.

[Greekwatchdog]

No point playing hangman, got lo look forward. Lets hope for some positive news on subscriber numbers etc....

[Entrep]

I'm in big on this - 1,437,304 shares

You have more shares than all the directors bar one. Was browsing the annual report and it's interesting that while some of the directors have directorships at other listed companies, none could be considered growth. You have the Warehouse (dying), utilities and banks.

Just over $1M worth of shares gets you in the top 20 too.

[Ogg]

Is this the ComCast takeover vehicle?

Companies Website (https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/8129170?backurl=H4sIAAAAAAAAAI2OQQrCMBBFb5OtunA5iC i6sIhgLzAkowabTJyZVHp7C624dff%2Bgwd%2FUfBOuvCcCuY4 khKKf2xeUHPsSRQ7R9miDe1QSGHbNPO%2BGlrVo3Atk47Zs5SD cIKZWwaHIQip%2FupZnGh4swRwaigGS9fFFA1Wa6c3mHIWtMh5 j0ZOAwRSP9Y9Zk%2Fhgpk6MKnkEgeCr3dKvsp4b8f8jHTGRPCv %2BwAwc2CWDAEAAA%3D%3D)

https://media.tenor.com/images/c3e7a283981add04ffc8b0474279cf26/tenor.gif

[mistaTea]

Is this the ComCast takeover vehicle?
Companies Website (https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/8129170?backurl=H4sIAAAAAAAAAI2OQQrCMBBFb5OtunA5iC i6sIhgLzAkowabTJyZVHp7C624dff%2Bgwd%2FUfBOuvCcCuY4 khKKf2xeUHPsSRQ7R9miDe1QSGHbNPO%2BGlrVo3Atk47Zs5SD cIKZWwaHIQip%2FupZnGh4swRwaigGS9fFFA1Wa6c3mHIWtMh5 j0ZOAwRSP9Y9Zk%2Fhgpk6MKnkEgeCr3dKvsp4b8f8jHTGRPCv %2BwAwc2CWDAEAAA%3D%3D)

https://media.tenor.com/images/c3e7a283981add04ffc8b0474279cf26/tenor.gif

Christ! That is interesting!

[clown]

Is this the ComCast takeover vehicle?

Companies Website (https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/8129170?backurl=H4sIAAAAAAAAAI2OQQrCMBBFb5OtunA5iC i6sIhgLzAkowabTJyZVHp7C624dff%2Bgwd%2FUfBOuvCcCuY4 khKKf2xeUHPsSRQ7R9miDe1QSGHbNPO%2BGlrVo3Atk47Zs5SD cIKZWwaHIQip%2FupZnGh4swRwaigGS9fFFA1Wa6c3mHIWtMh5 j0ZOAwRSP9Y9Zk%2Fhgpk6MKnkEgeCr3dKvsp4b8f8jHTGRPCv %2BwAwc2CWDAEAAA%3D%3D)

https://media.tenor.com/images/c3e7a283981add04ffc8b0474279cf26/tenor.gif

How on earth did you find this? :D

[Ogg]

How on earth did you find this? :D

You won't believe the sh*t I google everyday looking for frivolous evidence of a takeover.

[clown]

You won't believe the sh*t I google everyday looking for frivolous evidence of a takeover.

With what you found today, I am starting to become a believer lol

[mistaTea]

You won't believe the sh*t I google everyday looking for frivolous evidence of a takeover.

If Comcast have decided to buy, let’s hope Discovery are keen for a takeover tussle.

[Ogg]

With what you found today, I am starting to become a believer lol

It's probably nothing, just like all my other conspiracy theories on here.

[mistaTea]

It's probably nothing, just like all my other conspiracy theories on here.

Except it might be different this time given Comcast did buy Sky UK.

I think your premise has been correct all along - Sky Network Television has a very low market cap relative to intrinsic value and is likely a takeover target.

It's just your prediction was wrong - Infratil are going to buy Sky imminently.

[Entrep]

The directors of that NZ company are sales people. Not plausible IMO

[mistaTea]

The directors of that NZ company are sales people. Not plausible IMO

Can you elaborate on that?

[Stranger_Danger]

Is this the ComCast takeover vehicle?

Companies Website (https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/8129170?backurl=H4sIAAAAAAAAAI2OQQrCMBBFb5OtunA5iC i6sIhgLzAkowabTJyZVHp7C624dff%2Bgwd%2FUfBOuvCcCuY4 khKKf2xeUHPsSRQ7R9miDe1QSGHbNPO%2BGlrVo3Atk47Zs5SD cIKZWwaHIQip%2FupZnGh4swRwaigGS9fFFA1Wa6c3mHIWtMh5 j0ZOAwRSP9Y9Zk%2Fhgpk6MKnkEgeCr3dKvsp4b8f8jHTGRPCv %2BwAwc2CWDAEAAA%3D%3D)


Now, that is an interesting find. I could see you being right. Other alternatives would be a vehicle for revenue generated from streaming of movies to NZ customers to land, rather than release through cinema, which is becoming the trend for now, or perhaps a move to pre-empt any support the NZ Government may offer the sector and having a vehicle ready to obtain those benefits.

[Stranger_Danger]

The directors of that NZ company are sales people. Not plausible IMO

One is a CFO.

[mistaTea]

One is a CFO.

Aye, and been with the company in various guises since 2004.

https://www.linkedin.com/in/tristanoarton/

Another one is a Finance guy who has been with the company a while too.

https://www.linkedin.com/in/jason-watanangura-6b7ab731/

Interesting find Ogg!

[Ogg]

Aye, and been with the company in various guises since 2004.

https://www.linkedin.com/in/tristanoarton/

Another one is a Finance guy who has been with the company a while too.

https://www.linkedin.com/in/jason-watanangura-6b7ab731/

Interesting find Ogg!

I'm pretty sure it's just a holding company to license production content generated from the parent company.

Here's a sister company:

https://app.companiesoffice.govt.nz/companies/app/service/services/documents/C2CAEB68122D9A77EA019F04D31F1669

"Principal activities of the company is marketing and distribution of video and DVD products and the copyrights derived from an exclusive license from a related group company."


​

[jimdog31]

I'm pretty sure it's just a holding company to license production content generated from the parent company.

Here's a sister company:

https://app.companiesoffice.govt.nz/companies/app/service/services/documents/C2CAEB68122D9A77EA019F04D31F1669




"Principal activities of the company is marketing and distribution of video and DVD products and the copyrights derived from an exclusive license from a related group company."


​


I do love your theories OGG! my only wish is a takeover doesn't happen in the future , where else will I get my daily conspiracy theory dosage!!

I genuinely think they have a chance with the new Broadband package bundles.

[Ogg]

I do love your theories OGG! my only wish is a takeover doesn't happen in the future , where else will I get my daily conspiracy theory dosage!!

I genuinely think they have a chance with the new Broadband package bundles.

I'm hoping that with enough rumors circulating it will eventually come true.


https://www.youtube.com/watch?v=YWdD206eSv0

[Ogg]

I've done some more digging...

Two years ago there was a rumor going around that Universal was going to buy Sky NZ. See this article here:

https://www.nzherald.co.nz/business/sky-tv-buyout-rumour-as-agm-looms/TXMRFXSDPVS7GW63GBGPU5MHTY/

What's interesting is that the timing aligns perfectly as Sky's AGM is "looming" next Tuesday. Therefore, it is possible Universal (Comcast) may have been kicking the tyres of Sky NZ recently. Perhaps they took a good look at the end of year results and are now in a position to make an offer.

It seems like the latest trends in the industry is to release movies straight to streaming. The success of Mulan on Disney+ was a watershed moment. The largest cinema chain in the UK has recently closed it's doors as the new Bond movie was pushed back to a 2022 release. The focus for distributors is all about streaming. The Universal movie "Trolls" was released direct to streaming this year. It appears Universal wants to continue doing this going forward. See here:

https://www.mic.com/p/universal-pictures-will-keep-releasing-movies-on-streaming-platforms-amc-is-pissed-22859120

So, it seems plausible that Comcast maybe interested in acquiring Sky, not only for Neon customers but also because they can release content through the new set top box when it gets upgraded in the near future. The integration into Sky UK would also make it seamless.

Here's the newly created UNIVERSAL PICTURES INTERNATIONAL NEW ZEALAND LIMITED constitution:

https://app.companiesoffice.govt.nz/companies/app/service/services/documents/116B18D2347975A15A0755CEBF4716E0

Directors Duties: Each director must act in a manner which he or she believes is the best interest of the company's holding company even though it may not be in the best interest of the company.

--------------------------------

There are 3 very likely buyers for Sky NZ:

-Comcast
-Discovery
-Infratil

So far no one has come forward to dip their toes and Sky's shareprice continues to be in the dumps.

I'm hoping for a Trademe like auction; whereby no one bids until the very last minute and all of a sudden the price goes bonkers!

(disclosure: the above is all lies)

[jimdog31]

I've done some more digging...

Two years ago there was a rumor going around that Universal was going to buy Sky NZ. See this article here:

https://www.nzherald.co.nz/business/sky-tv-buyout-rumour-as-agm-looms/TXMRFXSDPVS7GW63GBGPU5MHTY/

What's interesting is that the timing aligns perfectly as Sky's AGM is "looming" next Tuesday. Therefore, it is possible Universal (Comcast) may have been kicking the tyres of Sky NZ recently. Perhaps they took a good look at the end of year results and are now in a position to make an offer.

It seems like the latest trends in the industry is to release movies straight to streaming. The success of Mulan on Disney+ was a watershed moment. The largest cinema chain in the UK has recently closed it's doors as the new Bond movie was pushed back to a 2022 release. The focus for distributors is all about streaming. The Universal movie "Trolls" was released direct to streaming this year. It appears Universal wants to continue doing this going forward. See here:

https://www.mic.com/p/universal-pictures-will-keep-releasing-movies-on-streaming-platforms-amc-is-pissed-22859120

So, it seems plausible that Comcast maybe interested in acquiring Sky, not only for Neon customers but also because they can release content through the new set top box when it gets upgraded in the near future. The integration into Sky UK would also make it seamless.

Here's the newly created UNIVERSAL PICTURES INTERNATIONAL NEW ZEALAND LIMITED constitution:

https://app.companiesoffice.govt.nz/companies/app/service/services/documents/116B18D2347975A15A0755CEBF4716E0

Directors Duties: Each director must act in a manner which he or she believes is the best interest of the company's holding company even though it may not be in the best interest of the company.

--------------------------------

There are 3 very likely buyers for Sky NZ:

-Comcast
-Discovery
-Infratil

So far no one has come forward to dip their toes and Sky's shareprice continues to be in the dumps.

I'm hoping for a Trademe like auction; whereby no one bids until the very last minute and all of a sudden the price goes bonkers!

(disclosure: the above is all lies)

Theres my daily dose!! build it and they will come

[Dlownz]

I'm going to keep saying patience. I know this is a winner. What they are doing is great. Packages/broadband. No longer needing starter. This will be a huge turning point. I am frustrated the share price has not reached 17 cents yet but I know its coming. My picks for the year are doing well. I didn't pick sky as I didn't think they had reached the low point. They will be my first Pick for next year. Regardless. I'm looking forward to the update from sylvester

[clown]

I've done some more digging...

Two years ago there was a rumor going around that Universal was going to buy Sky NZ. See this article here:

https://www.nzherald.co.nz/business/sky-tv-buyout-rumour-as-agm-looms/TXMRFXSDPVS7GW63GBGPU5MHTY/

What's interesting is that the timing aligns perfectly as Sky's AGM is "looming" next Tuesday. Therefore, it is possible Universal (Comcast) may have been kicking the tyres of Sky NZ recently. Perhaps they took a good look at the end of year results and are now in a position to make an offer.

It seems like the latest trends in the industry is to release movies straight to streaming. The success of Mulan on Disney+ was a watershed moment. The largest cinema chain in the UK has recently closed it's doors as the new Bond movie was pushed back to a 2022 release. The focus for distributors is all about streaming. The Universal movie "Trolls" was released direct to streaming this year. It appears Universal wants to continue doing this going forward. See here:

https://www.mic.com/p/universal-pictures-will-keep-releasing-movies-on-streaming-platforms-amc-is-pissed-22859120

So, it seems plausible that Comcast maybe interested in acquiring Sky, not only for Neon customers but also because they can release content through the new set top box when it gets upgraded in the near future. The integration into Sky UK would also make it seamless.

Here's the newly created UNIVERSAL PICTURES INTERNATIONAL NEW ZEALAND LIMITED constitution:

https://app.companiesoffice.govt.nz/companies/app/service/services/documents/116B18D2347975A15A0755CEBF4716E0

Directors Duties: Each director must act in a manner which he or she believes is the best interest of the company's holding company even though it may not be in the best interest of the company.

--------------------------------

There are 3 very likely buyers for Sky NZ:

-Comcast
-Discovery
-Infratil

So far no one has come forward to dip their toes and Sky's shareprice continues to be in the dumps.

I'm hoping for a Trademe like auction; whereby no one bids until the very last minute and all of a sudden the price goes bonkers!

(disclosure: the above is all lies)

Just finished watching season 3 of Ancient Aliens on Netflix. This is way better than any episode in that season :t_up:

<iframe src="https://giphy.com/embed/uj8JYrjroFGYmn82Ab" width="480" height="270" frameBorder="0" class="giphy-embed" allowFullScreen></iframe><p><a href="https://giphy.com/gifs/historyuk-h2-ancient-aliens-history2-uj8JYrjroFGYmn82Ab">via GIPHY</a></p>

[Lion_graf]

Just finished watching the first test. I like the way sky is promoting this.. it appeals to a younger demographic like myself. No commitment to getting a skybox. Its app based which is great. And anyone with smart tv can easily set it up. Suits me perfectly. 7 day free trial.

BLEDISLOE CUP
The Bledisloe Cup is here! Trans-Tasman rugby rivalry at its best as the Wallabies take on the All Blacks October 11 & 18 2020*
• Instant Access. No Sky Box needed
• Stream Sky Sport and ESPN LIVE and On Demand
• Watch on a range of devices.
• If you can’t be there, stream it here on Sky Sport Now
START FREE TRIAL

[Quantitative Easing]

Martin Stewart must be ****tin' himself before the AGM tomorrow. Expect a coup d'etat led by Ogg and his henchmen.

[Ogg]

Martin Stewart must be ****tin' himself before the AGM tomorrow. Expect a coup d'etat led by Ogg and his henchmen.

Martin and Blair tomorrow...


https://www.youtube.com/watch?v=IcL9MlyF8wo

In all serious though, I'm happy to wait until after NEP has gone unconditional and Discovery get clearance for Mediaworks.

I'm not expecting much tomorrow expect for the usual pep rally.

[mistaTea]

Martin Stewart must be ****tin' himself before the AGM tomorrow. Expect a coup d'etat led by Ogg and his henchmen.

I imagine the exchange between Martin and Ogg will be something like out of A Few Good Men:

Martin: You want a takeover?
Ogg: I want a takeover!

Martin: You WANT a takeover?!
Ogg: I WANT A TAKEOVER!

Martin: YOU CAN’T HANDLE A TAKEOVER!!!

[Ogg]

Martin: There's a takeover at 30c per share
mistaTea: I need to make a phone call.

https://i.imgur.com/dybSqjk.jpg

[nevchev]

https://www.nzx.com/announcements/361348

[mistaTea]

Martin: There's a takeover at 30c per share
mistaTea: I need to make a phone call.

https://i.imgur.com/dybSqjk.jpg

No takeover announcement this morning mate, but I might get a divvy this time next year! :D

[mistaTea]

I've been thinking more about just how good this Broadband offering has the potential to be.

We could actually grow direct satellite subs significantly.

This could be done by making the broadband component cheaper the more entertainment content you take (entertainment being where the real margin is).

So if a customer took 'the works' (Starter + Entertainment + Movies + SOHO + Sport (usually offered at ~$100/month excluding MySky fees) then you could give Broadband at cost (or even a small loss leader).

So someone could get a Fibre connection + all of Sky content via reliable satellite for a monthly fee that could possibly be as low as $159.99 per month.

That seems compelling to me.

And for customers who don't want 'the works' - they can still get attractive bundles, but we charge more for the Broadband component.

Thank God they are finally doing this.

[nevchev]

Nothing there we didnt already know and will probaly pull back as some hoping for a revelation will be disappointed. Seems they have set a course for recovery so time will tell.

[KJMLimited]

Haven't they raised their earnings expectations for 2021?
I'd say that's good news.

[nevchev]

Haven't they raised their earnings expectations for 2021?
I'd say that's good news.
Already known and stated.Maybe it was just me hoping for something new

[ba9]

I had my doubts on Martin and sort of never felt he could steer this ship.

I am starting to believe, martin is perhaps the right person for the job. He seems to have a good plan in place and doing everything he can from his end.

Hoping for great news in 2021 :)

[blackcap]

aaarrggghhh, why is Bernadine Oliver Kerby hosting the meeting? So ridiculous.

[mistaTea]

Oh Christ, they have no sound on their content presso!

[shazam]

'Here's a taste of our superb content our customers are enjoying this year'

*cuts to video montage with no sound*

[blackcap]

Oh Christ, they have no sound on their content presso!

They are only a media company after all. Surely we can forgive them for that.

[Ogg]

Did he just say "energy"?

[Alpha]

I heard that as well. Also looks like mobile is likely happening.

[Akane]

A lot of hmmm's and ahhhh's.... Martin sounds like he's not quite there.......

[Meh]

I don't like virtual AGMs, I feel they are picking and choosing questions.
They have ignored my question asking why we should re-elect Keith Smith when he personally only holds roughly $15,000 worth of shares. 15k hardly indicates he believes in the business himself.

[Akane]

There you go, the Chairman has said there's no substantial tyre kicking, that's out the door, done and dusted.

[bull....]

A lot of hmmm's and ahhhh's.... Martin sounds like he's not quite there.......

is he voting yes in the cannabis referendum? is the main speaker on the paNel a robot?

[Alpha]

Definitely a robot. I have to say I am looking forward to next years progress. - I am sitting on an open plan at the moment waiting for Sky broadband to be offered.

[Ogg]

There you go, the Chairman has said there's no substantial tyre kicking, that's out the door, done and dusted.

He said that no offer has come forward yet. Martin didn't even respond to the question either.

Clearly says that consolidation is happening in the industry and you could tell by his tone that there is obvious merit in the idea of a merger/takeover.

It's clear that if there isn't a merger/takeover then Sky is going to enter the Broadband, Mobile, and Energy retail markets as a reseller. The existing Satellite customer base would be used as leverage. How successful this would be is unknown but with a clean balance sheet there's little downside risk.

After today, I'm more certain than ever that consolidation is the way forward. Once OSB gets clearance from the ComCom then Sky should be free to sell itself.

(just lol at the lease accounting question, was that you MT?)

[mistaTea]

He said that no offer has come forward yet. Martin didn't even respond to the question either.

Clearly says that consolidation is happening in the industry and you could tell by his tone that there is obvious merit in the idea of a merger/takeover.

It's clear that if there isn't a merger/takeover then Sky is going to enter the Broadband, Mobile, and Energy retail markets as a reseller. The existing Satellite customer base would be used as leverage. How successful this would be is unknown but with a clean balance sheet there's little downside risk.

After today, I'm more certain than ever that consolidation is the way forward. Once OSB gets clearance from the ComCom then Sky should be free to sell itself.

(just lol at the lease accounting question, was that you MT?)


haha! I knew Bowman's comments wouldn't sway your position that a takeover is still happening! :D

I didn't ask any questions in the AGM - so you can't pin that one on me!

[Ogg]

haha! I knew Bowman's comments wouldn't sway your position that a takeover is still happening! :D

I didn't ask any questions in the AGM - so you can't pin that one on me!

Does seem weird that Martin accidentally reveled that Sky is going into the Energy market. And then Bowman goes on about consolidation rather than takeover, which to me means that Vodafone and Sky have been thinking about merging.

[mistaTea]

They reinforce a clear plan to bolster and diversify revenue sources.

They confirm that FCF for FY21 (which will be to the tune of $70Mish) will be spent enhancing SkyGO, NEON, Sky Sport NOW and delivering the Broadband offer (all worthwhile things to spend money on).

Without making an absolute promise in these uncertain times, they have all but confirmed we will get a dividend this time next year.

They confirm that they actually expect to earn more money in FY21 than previously assumed.

And yet, at this moment, Mr Market says the business is worth less than it was yesterday. He really is a remarkable guy!

[Ogg]

https://www.nbr.co.nz/node/227890

"The board was also open to approaches to buy Sky TV it told the meeting – although there was nothing specific to announce about that at this stage, he said."

[mistaTea]

https://www.nbr.co.nz/node/227890

"The board was also open to approaches to buy Sky TV it told the meeting – although there was nothing specific to announce about that at this stage, he said."

Yeah, but being 'open' to an offer doesn't mean it is something they are pursuing.

If someone did approach Sky with a takeover offer, obviously they have to be open to it - they have a duty to shareholders to consider all possibilities that will enhance shareholder value.

[Ogg]

Yeah, but being 'open' to an offer doesn't mean it is something they are pursuing.

If someone did approach Sky with a takeover offer, obviously they have to be open to it - they have a duty to shareholders to consider all possibilities that will enhance shareholder value.

They understand that consolidation is the recent trend among media and telecommunication companies. If they're going to go into "Energy" broadband, mobile, and all these other markets, then it makes sense to join forces.

In my opinion, once OSB is gone a merger will likely happen soon after.