View Full Version : SKT Sky Network Television Limited.
Quantitative Easing
20-10-2020, 09:14 PM
Looking to double up here and withdraw half a million.
Going to put it back into property...
https://www.youtube.com/watch?v=IUB-wjXUREE
Yeah goodbye Sky and hello property. Property is getting hot again. I still think there will be a pull back due to unemployment and mortgage holidays ending. But RBNZ has promised us low interest rates for the foreseeable future.
Yeah goodbye Sky and hello property. Property is getting hot again. I still think there will be a pull back due to unemployment and mortgage holidays ending. But RBNZ has promised us low interest rates for the foreseeable future.
It's about derisking. Stocks are getting over priced. Very hard to find value stocks like Sky with the potential to move 100%.
Got to put all the cash in the family home. That will be the only tax haven with this new government.
If Infratil announce another acquisition other than Sky...
https://www.youtube.com/watch?v=OxM0Ii0fqyw
clown
21-10-2020, 08:24 AM
It's about derisking. Stocks are getting over priced. Very hard to find value stocks like Sky with the potential to move 100%.
Got to put all the cash in the family home. That will be the only tax haven with this new government.
If Infratil announce another acquisition other than Sky...
https://www.youtube.com/watch?v=OxM0Ii0fqyw
Hey Ogg, the JV Investment you were referring to. Is that the same one that is classified as "L671150 Investment - residential property"
Hey Ogg, the JV Investment you were referring to. Is that the same one that is classified as "L671150 Investment - residential property"
Yeah, it's NZBN:9429048725903
Should we buy them out?
https://www.youtube.com/watch?v=H27rfr59RiE
Akane
21-10-2020, 09:05 AM
Yeah, it's NZBN:9429048725903
Should we buy them out?
He's just down the road from me, if you funnel your share holdings to me, I can go make him an offer in person.
clown
21-10-2020, 09:09 AM
Yeah, it's NZBN:9429048725903
Should we buy them out?
https://www.youtube.com/watch?v=H27rfr59RiE
Can't seem to dig up any info on the director.
Can't seem to dig up any info on the director.
You know we've already debunked that company, right? Dunno why you're searching for more info.
clown
21-10-2020, 10:08 AM
You know we've already debunked that company, right? Dunno why you're searching for more info.
Damn it, must have missed it in the storm of comments on this thread, I just can't keep up :mellow:
He's just down the road from me, if you funnel your share holdings to me, I can go make him an offer in person.
Is this the place?
https://i.imgur.com/B1jvfcs.jpg
Meet you there at 12.
Alpha
21-10-2020, 10:12 AM
We should all go. The guy will be so confused.
Vodafone Update
http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/IFT/361807/333322.pdf
CDC Data Update
http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/IFT/361807/333320.pdf
Soon...
https://www.youtube.com/watch?v=XFLQBUDa0uw
jimdog31
21-10-2020, 10:42 AM
Vodafone Update
http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/IFT/361807/333322.pdf
CDC Data Update
http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/IFT/361807/333320.pdf
Soon...
https://www.youtube.com/watch?v=XFLQBUDa0uw
"FY21 heavily disrupted by COVID-19 but has also brought forward opportunities" Vodafone
jimdog31
21-10-2020, 10:42 AM
"FY21 heavily disrupted by COVID-19 but has also brought forward opportunities" Vodafone
"Created room and confidence to make new strategic choices and investments"
jimdog31
21-10-2020, 10:44 AM
"Created room and confidence to make new strategic choices and investments"
"Customers will increasinglyvalue simplicity and price"
Consolidate
Consolidate
Consolidate
Consolidate
Consolidate
Consolidate
Consolidate
$
I had a quick look at the time difference between Infratil setting up a new company and their NZX announcement, for ANU student accommodation (2016), the tilt takeover bid (2018) and the Vodafone takeover last year. There has been a 2-5 week period between company start date and NZX announcement. Based on that, we've probably got another 1-4 weeks before being put out of our misery.
I had a quick look at the time difference between Infratil setting up a new company and their NZX announcement, for ANU student accommodation (2016), the tilt takeover bid (2018) and the Vodafone takeover last year. There has been a 2-5 week period between company start date and NZX announcement. Based on that, we've probably got another 1-4 weeks before being put out of our misery.
I was aware of that. MT can confirm.
It's possible they may wait until after OSB goes unconditional.
I was hoping they would just do it already and stop pissing around. The Opus takeover happened within days after the holding company being created.
SpaceZ
21-10-2020, 12:52 PM
I was aware of that. MT can confirm.
It's possible they may wait until after OSB goes unconditional.
I was hoping they would just do it already and stop pissing around. The Opus takeover happened within days after the holding company being created.
https://comcom.govt.nz/case-register/case-register-entries/nep-broadcast-services-new-zealand-limited-and-sky-network-television-limited
The commerce commission website said "decision due on 23 November."
"The Commission is currently scheduled to make a decision on whether or not to giveclearance to the Proposed Acquisition by 23 November 2020. However, this datemay change as our investigation progresses.14 In particular, if we need to test andconsider the issues identified above further, the decision date is likely to extend.27. As part of our investigation, we will be identifying and contacting parties that weconsider will be able to help us assess the preliminary issues identified above."
Alpha
21-10-2020, 12:54 PM
23 of November we should find out about the Comcoms decision
Alpha
21-10-2020, 12:57 PM
Hopefully we find out before xmas :) - Ive just purchased another 50K yesterday.
Entrep
21-10-2020, 01:34 PM
Wow absolutely nothing in that VF presentation to suggest they are looking at Sky. Very heavily internally focused
mistaTea
21-10-2020, 01:54 PM
Wow absolutely nothing in that VF presentation to suggest they are looking at Sky. Very heavily internally focused
That’s what I was thinking too.
They would have made a move ages ago if they were keen.
I think they prefer to maintain the wholesale deal for VTV. Gives them access to a great range of content for their customers, yet they don’t have to get involved in competing for expensive rights deals.
The benefit of buying Sky (as opposed to the current arrangement) probably just isn’t there relative to other opportunities they could exploit with their capital.
Just my opinion - I hope the Believers don’t burn me at the stake.
Wow absolutely nothing in that VF presentation to suggest they are looking at Sky. Very heavily internally focused
No, but that's what you would expect.
I think they're updating the market before the announcement to give reassurances of their long term plan for both Vodafone and CDC regardless of Sky. They're setting the foundation. Otherwise, it will be chaos if you make a big announcement. A Sky acquisition will be controversial and won't go down with all IFT investors. It's a strategic pivot into supplementary media content. This was talked about at the AGM by Marko remember, "merits of this strategy".
I'm thinking maybe timing wise, may be next month so that settlement is after April 1st or there about. Otherwise they will be holding those crappy 100m 6.5% bonds. Perfect time for a new owner of the business. So yeah, maybe announcement next month. Paperwork over Xmas. ComCom process early next year, for decision by March, payment April.
Seems as though Infratil have made an announcement today. Is this the money from the capital raise?
https://www.nzherald.co.nz/business/300m-data-centres-for-hobsonville-silverdale/UFT5ON7Q63QLTOCPBDTQY4DD2Y/
kyanar
21-10-2020, 02:21 PM
I'm thinking maybe timing wise, may be next month so that settlement is after April 1st or there about. Otherwise they will be holding those crappy 100m 6.5% bonds. Perfect time for a new owner of the business. So yeah, maybe announcement next month. Paperwork over Xmas. ComCom process early next year, for decision by March, payment April.
Or, more likely, none of that ever. If they were planning an acquisition of another company they would have had to at least commence due diligence as early as possible, and not disclosing that to the market would be in breach of continuous disclosure obligations. As neither company has made any disclosures to the NZX or ASX, there is absolutely no way any due diligence is being conducted and therefore no way there's a takeover in the wings, at all.
Seems as though Infratil have made an announcement today. Is this the money from the capital raise?
https://www.nzherald.co.nz/business/300m-data-centres-for-hobsonville-silverdale/UFT5ON7Q63QLTOCPBDTQY4DD2Y/
Pretty sure that isn't related to their $300m June placement.
Don't think it's related to Infratil HC either as it would be classified as something else other than "K624040 Investment - financial assets".
Or, more likely, none of that ever. If they were planning an acquisition of another company they would have had to at least commence due diligence as early as possible, and not disclosing that to the market would be in breach of continuous disclosure obligations. As neither company has made any disclosures to the NZX or ASX, there is absolutely no way any due diligence is being conducted and therefore no way there's a takeover in the wings, at all.
Sky is a public company. Not much due diligence needed.
mistaTea
21-10-2020, 02:24 PM
Sky is a public company. Not much due diligence needed.
What are you smoking mate.
You realise weed hasn’t been legalised yet, right?
What are you smoking mate.
You realise weed hasn’t been legalised yet, right?
What are you saying? That there's all this hidden information that Infratil gets to see but we don't?
mistaTea
21-10-2020, 02:30 PM
What are you saying? That there's all this hidden information that Infratil gets to see but we don't?
Of course, they would want to take a closer look at the books, discuss the business in much more detail with management - understand current content cost break down, cost and earnings projections. Synergies.
There is no way in Hell anyone just buys Sky TV only on the publicly available information from their annual reports.
Now remember the rule mate - puff, puff...PASS!
SpaceZ
21-10-2020, 02:35 PM
What are you saying? That there's all this hidden information that Infratil gets to see but we don't?
Commerce commission approval hurdle.
2017 was still fresh in the memory. They must have taken a few opinions and the opinions still verge on the balance of probabilities whether it will be approved by CC. If SKY was confident, they would have appeal the decision in 2017 but they didn't.
One might think in 2020 circumstances had changed a bit, but the scale of the balance might not have moved much for another merger launch.
shazam
21-10-2020, 02:35 PM
What host do Sky currently use to serve Sky Sport Now / Sky Go content?
Commerce commission approval hurdle.
2017 was still fresh in the memory. They must have taken a few opinions and the opinions still verge on the balance of probabilities whether it will be approved by CC. If SKY was confident, they would have appeal the decision in 2017 but they didn't.
One might think in 2020 circumstances had changed a bit, but the scale of the balance might not have moved much for another merger launch.
We've been over this before on the thread but basically, the head of the ComCom said it was a close call. The only factor was sports rights, notably OSB. The fear was that they would use the Rugby and Cricket as "must have" content and then bundle that with the new fiber roll out. Sky no longer has OSB nor the cricket. Fiber has been rolled out. Media companies internationally are consolidating due to covid. My understanding is that Vodafone pulled the pin on the merger, hence it wasn't appealed.
Anyway, that was 4 years ago. It's water under the bridge. Vodafone has a new owner. Sky is now a micro cap.
What host do Sky currently use to serve Sky Sport Now / Sky Go content?
https://www.brightcove.com/
Entrep
21-10-2020, 02:59 PM
Sky is a public company. Not much due diligence needed.
https://media.giphy.com/media/YTXGNnbSxDmjnspx8G/giphy.gif
https://media.giphy.com/media/YTXGNnbSxDmjnspx8G/giphy.gif
https://www.cnbc.com/2017/01/17/facebook-did-oculus-due-diligence-in-a-weekend-zuckerberg-reveals-in-court.html
mistaTea
21-10-2020, 03:19 PM
https://www.cnbc.com/2017/01/17/facebook-did-oculus-due-diligence-in-a-weekend-zuckerberg-reveals-in-court.html
Yes, completely identical scenarios.
The grey haired men at IFT are likely to make the same kinds of fast and decisive decisions as Zuckerberg and move with incredible speed to take a punt on a company like Sky.
God I love this forum.
For what it’s worth I think you keep making the same mistake over and over. You have decided the end state - IFT takeover - and now you spend each day trawling the internet for more ‘evidence’ (no matter how weak) that the conclusion you have preordained is just around the corner.
I am not suggesting a takeover won’t ever happen (I have no idea if and when that might occur). But you really have no evidence at all right now to back up the hype you are trying to create. I just hope you don’t put yourself on the wrong side of the authorities with your exuberance.
Then if a takeover does happen in the future you will be here trying to take credit for being a Seer. But you are kind of like the guy who month in and month out predicts the next stock market crash is nigh. On a long enough timeframe even that guy is eventually right!
Leftfield
21-10-2020, 03:21 PM
..........Anyway, that was 4 years ago. It's water under the bridge. Vodafone has a new owner. Sky is now a micro cap.
And how long have you been waiting for an imminent takeover?
Yes, completely identical scenarios.
The grey haired men at IFT are likely to make the same kinds of fast and decisive decisions as Zuckerberg and move with incredible speed to take a punt on a company like Sky.
God I love this forum.
For what it’s worth I think you keep making the same mistake over and over. You have decided the end state - IFT takeover - and now you spend each day trawling the internet for more ‘evidence’ (no matter how weak) that the conclusion you have preordained is just around the corner.
I am not suggesting a takeover won’t ever happen (I have no idea if and when that might occur). But you really have no evidence at all right now to back up the hype you are trying to create. I just hope you don’t put yourself on the wrong side of the authorities with your exuberance.
Then if a takeover does happen in the future you will be here trying to take credit for being a Seer. But you are kind of like the guy who month in and month out predicts the next stock market crash is nigh. On a long enough timeframe even that guy is eventually right!
And how long have you been waiting for an imminent takeover?
I hadn't even heard of Infratil until mistaTea told me about them a few months ago. Legit 100% telling the truth...
https://www.youtube.com/watch?v=IUB-wjXUREE
mistaTea
21-10-2020, 03:34 PM
I hadn't even heard of Infratil until mistaTea told me about them a few months ago. Legit 100% telling the truth...
https://www.youtube.com/watch?v=IUB-wjXUREE
What are you getting at?
Because I mused ages ago that IFT might use their CR funds towards having another crack at buying Sky?...that your mania over the last few months is somehow my fault? Get off the grass mate!
My position has remained consistent throughout - I do not particularly want a takeover at this junction (and certainly have not purchased any shares hoping for one).
I accept that at Sky's current low market cap a takeover by someone is entirely possible - but that is a far cry from telling everyone every day that I have some kind of special insight that makes me 'know' one is coming soon.
If you can't see yourself owning shares in a business for the next 10 years, you shouldn't even think about owning it for 10 minutes - wisdom from my main man Buffett.
What are you getting at?
Because I mused ages ago that IFT might use their CR funds towards having another crack at buying Sky?...that your mania over the last few months is somehow my fault? Get off the grass mate!
My position has remained consistent throughout - I do not particularly want a takeover at this junction (and certainly have not purchased any shares hoping for one).
I accept that at Sky's current low market cap a takeover by someone is entirely possible - but that is a far cry from telling everyone every day that I have some kind of special insight that makes me 'know' one is coming soon.
If you can't see yourself owning shares in a business for the next 10 years, you shouldn't even think about owning it for 10 minutes - wisdom from my main man Buffett.
You're the pied piper here bro. The FMA is coming for you! lol
Jokes, jokes. :lol:
Let's get back to the share price. Bots are capping it at 15.
DownTownJr
21-10-2020, 03:54 PM
8.3mil shares wow.
8.3mil shares wow.
Infratil HC buying it up boys!
https://www.youtube.com/watch?v=XFLQBUDa0uw
Alpha
21-10-2020, 04:07 PM
Surely now we will see some movement in price? Looks like the buys are stacking up well.
SpaceZ
21-10-2020, 04:10 PM
Surely now we will see some movement in price? Looks like the buys are stacking up well.
see the volume will continue tomorrow or 2.... today is a good sign.
kyanar
21-10-2020, 07:40 PM
Infratil HC buying it up boys!
For the love of all that's holy, isn't it, like, illegal or something to make up information with the intent of driving interest in a share?
Cause I'm pretty sure it is. You've got zero evidence that Infratil (or anyone) is acquiring shares with the intent of acquiring enough to trigger a buyout. And if that were happening, and the target company (Sky) got wind of it, that's price sensitive information that it would be illegal for them not to disclose to the market.
This is a share trader forum. There needs to be more facts and less unsubstantiated bold 16 point font rumours with Youtube videos.
iamaskier
21-10-2020, 08:10 PM
For the love of all that's holy, isn't it, like, illegal or something to make up information with the intent of driving interest in a share?
Cause I'm pretty sure it is. You've got zero evidence that Infratil (or anyone) is acquiring shares with the intent of acquiring enough to trigger a buyout. And if that were happening, and the target company (Sky) got wind of it, that's price sensitive information that it would be illegal for them not to disclose to the market.
This is a share trader forum. There needs to be more facts and less unsubstantiated bold 16 point font rumours with Youtube videos.
Ehhh I agree with principle of your post but I'd also be lying if I wasn't entertained by the rollercoaster of spurious allegations made in this thread. Given the shareprice remains at rock bottom after all this time I'm assuming they post in good faith.
Cash_Lion
21-10-2020, 08:13 PM
I just want to wake up to a trading halt and $0.30 bid is that too much to ask? Probably. Lol
Baa_Baa
21-10-2020, 09:00 PM
If all you can hope for (hope is a terrible strategy) is a buy out, then in fact you have no confidence in the company. You should be aspiring to a return to greatness. Careful what you wish for, and the charlatans who wish for a low bar, called a takeover.
jimdog31
21-10-2020, 09:59 PM
For the love of all that's holy, isn't it, like, illegal or something to make up information with the intent of driving interest in a share?
Cause I'm pretty sure it is. You've got zero evidence that Infratil (or anyone) is acquiring shares with the intent of acquiring enough to trigger a buyout. And if that were happening, and the target company (Sky) got wind of it, that's price sensitive information that it would be illegal for them not to disclose to the market.
This is a share trader forum. There needs to be more facts and less unsubstantiated bold 16 point font rumours with Youtube videos.
im fairly sure that everyone who reads this forum can do their own research and form their own opinions - speculation is definitely not illegal - otherwise journos would break the law on the daily.
This thread is by far the most fun on sharetrader and its due to the wild speculation and banter.
Think of any post on here as an opinion piece - its not necessarily based on facts. There may be a fact or some feelings thrown in for good measure!
Just read it for what it is man, dont get too hung up on it !
Joshuatree
21-10-2020, 10:22 PM
For the love of all that's holy, isn't it, like, illegal or something to make up information with the intent of driving interest in a share?
Cause I'm pretty sure it is. You've got zero evidence that Infratil (or anyone) is acquiring shares with the intent of acquiring enough to trigger a buyout. And if that were happening, and the target company (Sky) got wind of it, that's price sensitive information that it would be illegal for them not to disclose to the market.
This is a share trader forum. There needs to be more facts and less unsubstantiated bold 16 point font rumours with Youtube videos.
Good on you, keep it up whenever you think anyone maybe trying to suck anyone else in, theres always naive newbies that lose their money to the pumpers and dumpers, the up and down rampers , the boiler room gangs buying your sells and selling you buys. There are some completely unscrupulous traders out there but its all legal and buyer , seller, beware. This thread is the Hot Copper section of sharetrader cunningly mixed with humour.
Stock falls from $6.00 to 15 cents and you get called out because you think it's going to 30c
https://www.youtube.com/watch?v=IUB-wjXUREE
jimdog31
21-10-2020, 10:41 PM
Stock falls from $6.00 to 15 cents and you get called out because you think it's going to 30c
https://www.youtube.com/watch?v=IUB-wjXUREE
Apparently finding Holding companies on the companies register is not considered material facts when bolstering wild speculation. And researching how other takeovers that IFT has done is not worthy of posting here apparently.
Your a bad, bad, man. Shame on you :D
ps please dont stop, i actually find the youtube vids 100% on point. The band of brothers one had me choking on my cornflakes.
Akane
22-10-2020, 08:14 AM
This thread is what gets me out of bed every morning, enjoy my morning coffee over. Please dear god don't let it stop.
Zaphod
22-10-2020, 08:49 AM
This banter holds all the tenets of a conspiracy theory.
Entrep
22-10-2020, 08:57 AM
For the love of all that's holy, isn't it, like, illegal or something to make up information with the intent of driving interest in a share?
Cause I'm pretty sure it is. You've got zero evidence that Infratil (or anyone) is acquiring shares with the intent of acquiring enough to trigger a buyout. And if that were happening, and the target company (Sky) got wind of it, that's price sensitive information that it would be illegal for them not to disclose to the market.
This is a share trader forum. There needs to be more facts and less unsubstantiated bold 16 point font rumours with Youtube videos.
This is actually a really good point. If someone sent this thread to IR at Sky investorrelations@sky.co.nz , they would need to make an announcement if there was anything actually in the works.
Getty
22-10-2020, 09:05 AM
This thread is what gets me out of bed every morning, enjoy my morning coffee over. Please dear god don't let it stop.
Enjoy it while its free, Discovery or Disney, or someone is going to buy it out, and start charging a monthly subscription.
This is actually a really good point. If someone sent this thread to IR at Sky investorrelations@sky.co.nz , they would need to make an announcement if there was anything actually in the works.
The chair addressed this at the AGM. If/when the/a offer is presented they will bring it to shareholders.
Rumors have been circulating of a buy out since late 2018. See the many published media articles.
Since Covid, numerous media companies globally have consolidated. The chair confirmed this.
Is it too far fetched for people here that the owner of Vodafone, who by the very nature is an investment company, who in the past tried to consolidate with Sky, and is currently a close partner of Sky, may by interested in making an offer for the company?
I've suggested a takeover between 25 - 28c. That's less than 1X revenue. ASB Morningstar has a valuation of 30c but some how I've been accused of ramping the stock. This forum just keeps bring the lols...
https://www.youtube.com/watch?v=IUB-wjXUREE
mistaTea
22-10-2020, 10:40 AM
The chair addressed this at the AGM. If/when the/a offer is presented they will bring it to shareholders.
Rumors have been circulating of a buy out since late 2018. See the many published media articles.
Since Covid, numerous media companies globally have consolidated. The chair confirmed this.
Is it too far fetched for people here that the owner of Vodafone, who by the very nature is an investment company, who in the past tried to consolidate with Sky, and is currently a close partner of Sky, may by interested in making an offer for the company?
I've suggested a takeover between 25 - 28c. That's less than 1X revenue. ASB Morningstar has a valuation of 30c but some how I've been accused of ramping the stock. This forum just keeps bring the lols...
I don't think anybody is suggesting that speculation should be banned from this forum - it is entirely possible that any number of organisations could buy Sky. It is also entirely possible that nobody is interested.
The whole point of this forum is for people to be able to share opinions about the business and discuss.
No issue there.
What you have been doing every day, for months goes far beyond just musing that the low MC of Sky makes it a takeover target, and that a company like IFT may indeed be keen to buy Sky for x, y and z reasons.
If you look at your messages objectively, you would have to say that you can see how a number of sharetraders would consider it crossing a line whereby you are now trying to hype things up and pump the stock (to no avail btw) with your story about how a takeover by IFT is definitely happening tomorrow, oh I meant next week...oops DEFINITELY THE WEEK AFTER OR AT THE AGM ABSOLUTE LATEST!
I appreciate some people like to read your posts so they can have a giggle each day, but the constant barrage of unfounded takeover claims in the way you present them is 1) possibly against the rules and 2) makes it difficult to have meaningful discussions about the business as a going concern.
At the end of the day, what do I know. If you are comfortable doing it - and your fans love reading it, as you were.
LEMON
22-10-2020, 11:51 AM
I would have to agree with MistaTea, I enjoy the evidence, the case you build of a takeover and all the discussions but the "Takeover tomorrow" and "It's IFT buying millions of shares", has already brought a few guys of the sidelines screaming buy buy buy which is exactly what I saw and left behind on that ridiculous share page on Facebook.
I think we can all agree Ogg has built a fairly solid case whether we agree or not but it does seem to come across as ramping at times which within minutes could lose some poor people a lot of money and cause a lot of misery.
Let them read and enjoy your discussions but don't pump up every small difference in the share price or every new piece of evidence without discussion.
Again though I am with Ogg on a takeover but stand back on the overly enthusiastic statements
NZInvestLife
22-10-2020, 01:43 PM
Some of these guys just take it too seriously - why? They can't do their own DD so they hope these kinds of discussions will provide accurate information for them to make their investment decisions. Don't get so butthurt team. If you can't do your DD before making any investment decisions then I'm more than happy with taking your money. Either learn fast or expect to get "rekt". Plus this is by far the most interesting thread around with some quite plausable scenarios. As to Oggs timings, yea it's a bit hype but yall muppets better start thinking in reality than blast him for this.
Ogg has provided many times the FMA guide etc...
P.s. have any of you newbs actually read the takeover protocol for Sky which is in line with the NZX disclosure takeover rules 42-42?
The diver
22-10-2020, 02:52 PM
Perhaps Ogg could start a competing streaming service to sky. I think a lot of us would pay for his premium entertainment content.
DownTownJr
22-10-2020, 02:53 PM
Who's buying these shares? Another 11mil plus shares just purchased.
Another massive off market trade
Definitely not Infratil HC Limited
https://www.youtube.com/watch?v=IUB-wjXUREE
DownTownJr
22-10-2020, 02:55 PM
Everytime you say IFT it makes me want to sell another bag of apples for more shares.
Alpha
22-10-2020, 02:57 PM
They must be close to % now
When you know it's happening...
https://www.youtube.com/watch?v=4MCRQuqLl48
Jupiter, ACC, BlackCrane, Kiltearn, Vanguard, Rugbypass, NZRU...
https://www.youtube.com/watch?v=RqJVa0fl01w
jimdog31
22-10-2020, 03:17 PM
Jupiter, ACC, BlackCrane, Kiltearn, Vanguard, Rugbypass, NZRU...
https://www.youtube.com/watch?v=RqJVa0fl01w
What % does 12,070,342 equal? that is such a random number!
......
Clints
22-10-2020, 03:19 PM
What % does 12,070,342 equal? that is such a random number!
......
%0.69
Nice number :) maybe someone has a sense of humor
Alpha
22-10-2020, 03:40 PM
What is the usual timeframe for an announcement to be made in relation to large off market trades?
RGR367
22-10-2020, 04:01 PM
Who's buying these shares? Another 11mil plus shares just purchased.
Instos of course. They don't believe their own research anymore these days because of CoVid19 so they just rely on ST to give them a push on a particular stock. This time, Ogg is their Sifu on SKT.
3mman
22-10-2020, 04:13 PM
YEEHAA, it’s taken a few months but I finally reached my goal today of 2,300,000 shares. Forget all this talk of takeovers, I can’t wait for the day Martin pays a dividend. All I’m hoping for is just $0.01c a share every 6 months. Just one tiny cent and that will be a tidy $46,000 a year. That will do wonders for the Share price as well. Go Martin go
LEMON
22-10-2020, 04:23 PM
Some of these guys just take it too seriously - why? They can't do their own DD so they hope these kinds of discussions will provide accurate information for them to make their investment decisions. Don't get so butthurt team. If you can't do your DD before making any investment decisions then I'm more than happy with taking your money. Either learn fast or expect to get "rekt". Plus this is by far the most interesting thread around with some quite plausable scenarios. As to Oggs timings, yea it's a bit hype but yall muppets better start thinking in reality than blast him for this.
Ogg has provided many times the FMA guide etc...
P.s. have any of you newbs actually read the takeover protocol for Sky which is in line with the NZX disclosure takeover rules 42-42?
Check this guy though
"P.s. have any of you newbs" Himself joins 14/10/2020 to ST and has 4 posts
"I'm more than happy with taking your money"??? Can someone make light of this, does he mean shares? Or money when people sell out although nobody has made any remarks on selling, only with stopping certain behaviours.
"but yall muppets better start thinking in reality than blast him for this" my favourite bit though, think in reality?
Invest life bro, keep it real
2,300,000 shares.
https://i.makeagif.com/media/4-23-2015/GOX9VI.gif
DownTownJr
22-10-2020, 04:26 PM
Noob question time on my part, but where do these off market shares come from, who is selling them? Or can SKT create shares as they see fit.
Noob question time on my part, but where do these off market shares come from, who is selling them? Or can SKT create shares as they see fit.
Brokers just talk on the phone.
In****il HC trying to be subtle...
https://www.youtube.com/watch?v=wwB3tcs1L8A
Alpha
22-10-2020, 04:54 PM
I hope it’s not ogg off loading his shares
jimdog31
22-10-2020, 04:55 PM
I hope it’s not ogg off loading his shares
That trade was almost 10 x his holding.
bottomfeeder
22-10-2020, 04:59 PM
I hope it’s not ogg off loading his shares
Probably. Ramped up the company with plausible rise to greatness and talk of impending takeover.
SKT is on a long road. May not succeed. Selling broadband with a package is not the answer. They had a monopoly just about, years ago. Now they have to be super innovative. It is rocket science, just hope they have able scientists to make a decent plan, as I am not seeing it yet.
Sky getting bought up on the ASX. Up 10%. Following similar trends with Seven West Media & Southern Cross Media. Woohoo!
mistaTea
22-10-2020, 05:21 PM
Probably. Ramped up the company with plausible rise to greatness and talk of impending takeover.
SKT is on a long road. May not succeed. Selling broadband with a package is not the answer. They had a monopoly just about, years ago. Now they have to be super innovative. It is rocket science, just hope they have able scientists to make a decent plan, as I am not seeing it yet.
I still struggle to see how offering broadband is deemed as being ‘not the way to go’ or ‘not the answer’ by some.
Nobody is expecting Sky to generate huge profits from broadband. But it does give them an opportunity to offer competitive bundles and reduce churn for their core business - content aggregation.
As they offer additional services (like mobile) it hooks their customers in even deeper.
This isn’t going to happen over night (so short term investors are out) and the extent of the success is yet to be seen.
But imo this is exactly what they need to be doing. I mean, what is the alternative? Remain a single play entity but just switch everyone to streaming?
I don’t think that alone would be wise.
Probably. Ramped up the company with plausible rise to greatness and talk of impending takeover.
SKT is on a long road. May not succeed. Selling broadband with a package is not the answer. They had a monopoly just about, years ago. Now they have to be super innovative. It is rocket science, just hope they have able scientists to make a decent plan, as I am not seeing it yet.
He's right guys. I made it all up. I spent months of my time here in an elaborate scheme to gain a few percentage points. I'll be having Watties branded beans tonight! Sky's dead bro. It only brings in $700m per year and there are only 1 million customers. It's on the way out for sure. See you later guys, I'm off to put all my profits in cannabis BNPL IPO.
Entrep
22-10-2020, 05:24 PM
Looks at where the share price has been languishing for months while everything else has gone bonkers. Not the mention the fact that it's at the bottom of an economics 101 case study level decline. That is all the evidence you need to show some sort of corporate activity is not happening.
kyanar
22-10-2020, 05:29 PM
Probably. Ramped up the company with plausible rise to greatness and talk of impending takeover.
SKT is on a long road. May not succeed. Selling broadband with a package is not the answer. They had a monopoly just about, years ago. Now they have to be super innovative. It is rocket science, just hope they have able scientists to make a decent plan, as I am not seeing it yet.
That they still won't sell you Sky Go without you also having a set top box boggles the mind. Foxtel worked out years ago that not everyone wants to bolt a dish to their roof, but they're still a potential customer. People in share houses, students, itinerant workers, they don't want to have a box installed in the house - and Neon isn't the answer, that's closer to Binge from Foxtel. Separating out sport into an individually purchasable streaming product worked out great for Foxtel with Kayo as well - Sky still stuck on their "Starter + Sports Package".
You'd think it makes sense for them to do it that way when sporting rights is basically their only product left - but the competition is piracy (livestream, Facebook Live, etc), not going without, so the only way to win is to offer a superior product which they steadfastly refuse to do.
mistaTea
22-10-2020, 05:36 PM
That they still won't sell you Sky Go without you also having a set top box boggles the mind. Foxtel worked out years ago that not everyone wants to bolt a dish to their roof, but they're still a potential customer. People in share houses, students, itinerant workers, they don't want to have a box installed in the house - and Neon isn't the answer, that's closer to Binge from Foxtel. Separating out sport into an individually purchasable streaming product worked out great for Foxtel with Kayo as well - Sky still stuck on their "Starter + Sports Package".
You'd think it makes sense for them to do it that way when sporting rights is basically their only product left - but the competition is piracy (livestream, Facebook Live, etc), not going without, so the only way to win is to offer a superior product which they steadfastly refuse to do.
With regards to sport - Sky do have the Sky Sport NOW app, so you can just stream sports for $25/month now instead of being forced to take Sky Starter as part of a satellite package.
With regards to Sky GO - they are releasing a new version early next year that will have significant improvements. It has already been improved a lot, so I imagine the new version will have more of an OnDemand focus.
Martin mentioned a few months ago that they are looking at offering it as stand-alone. They have removed the Chromecast restriction, so they are already moving in that direction.
The release of the new Sky GO coincides with the broadband roll out. So I imagine they will offer Sky GO as a stand-alone product as well as part of their broadband bundles.
mistaTea, you're wasting your time here bro. You've spent over a year trying to convince people, it an't happening. She's being sold off anyway. Time to say good bye to this old girl.
The ASX high today from memory was already over the Forsythe Barr target price. Bring on the Macquarie target price of 0.34 (from memory).
kyanar
22-10-2020, 06:11 PM
With regards to sport - Sky do have the Sky Sport NOW app, so you can just stream sports for $25/month now instead of being forced to take Sky Starter as part of a satellite package.
With regards to Sky GO - they are releasing a new version early next year that will have significant improvements. It has already been improved a lot, so I imagine the new version will have more of an OnDemand focus.
Martin mentioned a few months ago that they are looking at offering it as stand-alone. They have removed the Chromecast restriction, so they are already moving in that direction.
The release of the new Sky GO coincides with the broadband roll out. So I imagine they will offer Sky GO as a stand-alone product as well as part of their broadband bundles.
Interesting. If you start browsing from their website at sky.co.nz, you'd be hard pressed to find Sky Sport Now - the only mention I see is a link in the footer of the page. Almost like they really don't want anyone subscribing to it.
Broadband bundles are certainly something that Foxtel has found some success with, though curiously they also bundle Netflix- an odd choice given they own a streaming service or two.
allfromacell
22-10-2020, 06:16 PM
Interesting. If you start browsing from their website at sky.co.nz, you'd be hard pressed to find Sky Sport Now - the only mention I see is a link in the footer of the page. Almost like they really don't want anyone subscribing to it.
Broadband bundles are certainly something that Foxtel has found some success with, though curiously they also bundle Netflix- an odd choice given they own a streaming service or two.
They are advertising it a lot on social media, or at least I'm getting lots of adds but I am the target market as a sports fan. It is a great service and beats piracy any day of the week but it is a difficult market with sports piracy so easy to get.
Lion_graf
22-10-2020, 06:17 PM
Interesting. If you start browsing from their website at sky.co.nz, you'd be hard pressed to find Sky Sport Now - the only mention I see is a link in the footer of the page. Almost like they really don't want anyone subscribing to it.
Broadband bundles are certainly something that Foxtel has found some success with, though curiously they also bundle Netflix- an odd choice given they own a streaming service or two.
There is a tv advert on recently all about it. Free trial for sky sport now for 7 days. So I dont believe that is the case.
DownTownJr
22-10-2020, 06:18 PM
I'm not in the target audience and have seen the same advertising, I even HATE sports, but have seen it advertising and popping up everywhere (radio, billboards, FB, gmail etc)
mistaTea
22-10-2020, 06:36 PM
Interesting. If you start browsing from their website at sky.co.nz, you'd be hard pressed to find Sky Sport Now - the only mention I see is a link in the footer of the page. Almost like they really don't want anyone subscribing to it.
Broadband bundles are certainly something that Foxtel has found some success with, though curiously they also bundle Netflix- an odd choice given they own a streaming service or two.
I see they have done a pretty significant refresh of their website. Looks much better than before.
I think you are right that they should promote both NEON and Sky Sport NOW on Sky.co.nz - it shouldn't just focus on the satellite offering.
Re: NETFLIX - Sky are also looking at entertainment bundles that include a Netflix sub. Gotta give the consumers what they want.
Was at a mates placed the other day trying to watch the test thru some small box he had from Hong Kong (so free to watch - no sky)- a bit jittery when it was going - picture no where near mine from satellite, kept buffering.
I think it would have ended up 3-4 minutes behind by half time if he did not 'restart' it every so often!
he said usually a lot better than that, went home at half time to watch the rest
Anyway yes a bit of a spike in volume today - something must be up - then of course someone was selling as well!
flyer
22-10-2020, 08:34 PM
Re: NETFLIX - Sky are also looking at entertainment bundles that include a Netflix sub. Gotta give the consumers what they want.[/QUOTE]
I have both Neon and netflix, finding Neon better than Netflix at the moment, they definately should expand on this.
Cash_Lion
22-10-2020, 08:59 PM
Someone trying to keep the price below 0.150 forming an ascending triangle. Means more buyers than sellers but just consolidating due to accumulation/manipulation.. something is gonna happen soon.
Cash_Lion
22-10-2020, 09:00 PM
Yeah but piracy hasnt been a viable argument to the demise of sky tv for like 10 years. Piracy has been around for as long as anyone can remember..
Akane
23-10-2020, 08:14 AM
Was at a mates placed the other day trying to watch the test thru some small box he had from Hong Kong (so free to watch - no sky)- a bit jittery when it was going - picture no where near mine from satellite, kept buffering.
I think it would have ended up 3-4 minutes behind by half time if he did not 'restart' it every so often!
he said usually a lot better than that, went home at half time to watch the rest
This has always been my argument, the people who pirate, they won't buy sky regardless of what price, they just want to pirate, you can't shove a lubed toothpick up their arse.
If I have mates around for a big game, I sure as hell ain't going to risk things turning south because I refuse to fork out $25 or whatever it is.
Piracy is not a big competition.
I think mistaTea might be right all along. Will post more details shortly when I'm at work.
Greekwatchdog
23-10-2020, 08:34 AM
Might Poor water over IFT takeover..http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/IFT/361943/333494.pdf
DownTownJr
23-10-2020, 08:39 AM
I'm fine with no takeover, I see potential and want to see where the SKT SP heads, having a takeover would be selling short.
jimdog31
23-10-2020, 08:52 AM
Might Poor water over IFT takeover..http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/IFT/361943/333494.pdf
So i wonder what the large parcels going through are?
Gregnz
23-10-2020, 09:09 AM
So i wonder what the large parcels going through are?
Likewise. 12 million yesterday, 11 million the day before. I don’t think that’s a retail investor. Potentially 23 million shares now in the hands of someone, maybe more if smaller parcels were also purchased.
Getty
23-10-2020, 09:11 AM
No need for any despair,
Labour said they would look at funding media.
All sky has to do is set up a local news channel, refunding that $1 so they can get OSB back.
Then the fantastic fabulous futuristic buyout will commence.
mistaTea
23-10-2020, 09:27 AM
Certainly wasn't ridiculous to think that IFT may be interested given the low SKT market cap. But this latest announcements certainly puts an end to that speculation -as I said earlier, the benefit to them of taking on Sky probably just isn't there compared to their wholesale arrangement with Vodafone TV. And they must not think Sky entering the telco market is a big enough threat relative to other opportunities available to them.
Of course, a company like Discovery could be interested. But then again, they might prefer to maintain their existing Sky arrangement and grow TV3. Sky TV is a cash cow for them, they don't have to do anything and the cash keeps rolling in. So they may also decide that the current arrangement is satisfactory and there is no need to buy. Who knows - certainly not me.
My preference remains for Sky to remain a listed company and pursue their transformation/growth plans. I believe Sky will be here in 10 years. It will be a very different company, but still a very profitable one in my view.
nevchev
23-10-2020, 09:40 AM
Opening auction looking better this morning.could we see a breakout today?
No take over. Stock goes up. I'm done here...
https://i.imgur.com/4EHG0FT.gif
Gregnz
23-10-2020, 09:51 AM
No take over. Stock goes up. I'm done here...
https://i.imgur.com/4EHG0FT.gif
Typical of the NzX. Past few months, companies making a decent profit have seen their share price dive. However report a loss and watch the share price increase.
I’m starting to think I need to change my investment strategy and do the opposite of what my research and analysis says to do?
jimdog31
23-10-2020, 09:55 AM
No take over. Stock goes up. I'm done here...
https://i.imgur.com/4EHG0FT.gif
Still keen to know what conclusion you came to 4 mins before that announcement! that timing was uncanny....
Still keen to know what conclusion you came to 4 mins before that announcement! that timing was uncanny....
Spidey sensors remember...
Welcome to la la land guys...
thebusinessman
23-10-2020, 10:02 AM
No take over. Stock goes up. I'm done here...
Look at him, just standing there with ogg on his face... ;)
jimdog31
23-10-2020, 10:06 AM
Look at him, just standing there with ogg on his face... ;)
Perhaps all this takeover talk was supressing the price
Alpha
23-10-2020, 10:06 AM
Unless this is a massive bluff and a takeover is still happening
jimdog31
23-10-2020, 10:08 AM
Unless this is a massive bluff and a takeover is still happening
For what purpose would they bluff?
bottomfeeder
23-10-2020, 10:12 AM
SKT has value to someone, some more than others. But a takeover is pure speculation at this stage. The next week will be interesting.
nevchev
23-10-2020, 10:15 AM
Was undervalued in the 14c range.should be 20c all day long
mistaTea
23-10-2020, 10:28 AM
Check out 'dem gains'.
All it took was for Ogg to put a sock in it!
:D
bottomfeeder
23-10-2020, 10:33 AM
Check out 'dem gains'.
All it took was for Ogg to put a sock in it!
:D
Very bullish on SKT on Hot Copper, eh mista tea.
Well see
Check out 'dem gains'.
All it took was for Ogg to put a sock in it!
:D
I'm not happy.
https://www.youtube.com/watch?v=gnsyS0fLKx0
thebusinessman
23-10-2020, 10:35 AM
If Ogg stops posting here there's no reason to visit any longer.
I'm holding about as much SKT as I can mentally will myself to, I'm 60% believer and the other 40% knows we're undervalued anyway.
Alpha
23-10-2020, 10:46 AM
I am probably the same as you Businessman. Part of me is hoping for a takeover as I have held this stock now for a long time. The other part is very hopeful Martin and Co are able to turn this company around. Hopefully if it is the later I am not having to wait with my head underwater for to long.
If Ogg stops posting here there's no reason to visit any longer.
I dunno if I have any reputation left after this unless you're just here for the lols...
bottomfeeder
23-10-2020, 10:55 AM
I dunno if I have any reputation left after this unless you're just here for the lols...
No hard feelings here, just opinions, mine change with the wind.
SpaceZ
23-10-2020, 10:55 AM
For a stock that dive from $6.00 to 0.13 over a series of bad news, many are put into the category of hopes. Many of the shareholders here would prefer entertianment by Ogg rather than thinking too much of the share value, at least some comfort of having a laugh at it. I am one of those.
Many of the shareholders here would prefer entertianment by Ogg rather than thinking too much of the share value, at least some comfort of having a laugh at it. I am one of those.
I should be on Sky TV. 24 hour conspiracy theory entertainment...
I think Infratil HC actually means Infratil Health Care but it was fun to run with it over the last few days ah guys..
https://www.youtube.com/watch?v=IUB-wjXUREE
thebusinessman
23-10-2020, 11:37 AM
I dunno if I have any reputation left after this unless you're just here for the lols...
An outcome of some sort is inevitable... and I'm in the camp that thinks whatever it is will be more likely positive than further negative.
An outcome of some sort is inevitable... and I'm in the camp that thinks whatever it is will be more likely positive than further negative.
I'm still holding onto the takeover dream... Someone has been buying up big lately. Be interesting to see if there are more off market transfers today. Discovery could still be interested, Infratil can always raise more capital. But might be better to roll out the broadband and the get the ship back on track before doing any corporate activity. Stock is still undervalued so worth holding. Media companies over in Australia bouncing off lows. Nine back to pre covid level. But yeah, back to posting about facts, will use the long weekend to cool off.
Cash_Lion
23-10-2020, 11:56 AM
Thanks Hiawatha. The Herald article I read suggested there would be sport content on TVNZ digital, so I blame my sources!;)
Ratkin: Get over yourself. If you have whinges about Metro's posts, alert them to the administrator. Read the terms and conditions, you will find his posts are perfectly acceptable. Try saying something positive (about anything!).
Pimpit: That is as may be, however Mr Market currently rates this stock at 595 (or thereabouts). I favour it for a number of reasons:
Near-monopoly in pay TV market
Dominant player in overall TV market (see Gaynor analysis above)
Outstanding management (see record over last 5 years)
Heavy cash flows and low relative debt levels
Benign regulatory environment (by comparison see TVNZ, strangled by its charter)
Excellent ebit margins and reducing churn
operating risk profile: low.
I rate it a good medium-long term hold and it will be staying in my portfolio for a wee while yet!
Lol everyone should know that this was complete speculation. Like it made sense but out of ALL companies, why should we be so sure they were going to buy Sky TV without ANY real indication/evidence. Like throwing a dart in the dark Lol. Nonetheless SKT is completely undervalued for what it is
kyanar
23-10-2020, 12:02 PM
Lol everyone should know that this was complete speculation. Like it made sense but out of ALL companies, why should we be so sure they were going to buy Sky TV without ANY real indication/evidence. Like throwing a dart in the dark Lol. Nonetheless SKT is completely undervalued for what it is
Undervalued is right. They hold onto quite a lot of near monopoly assets (sports!) and if they can adapt to what customers are wanting there's serious potential for them. They're just too stuck on dishes on roofs, which there are suggestions that they are seeing that the future is a little more diverse than that.
SKT up on the open on the ASX. Hope it gets some momentum. It went to 0.155 aud yesterday.
SKT up on the open on the ASX. Hope it gets some momentum. It went to 0.155 aud yesterday.
It's as if the takeover happened...
https://www.youtube.com/watch?v=IUB-wjXUREE
[QUOTE=Ogg;852085]It's as if the takeover happened...
Can't wait to see what the volume looks like at the end of the day today
nevchev
23-10-2020, 12:31 PM
Opening auction looking better this morning.could we see a breakout today?
If we can touch 16c that would be a very bullish signal and we should climb higher heading toward xmas
Cash_Lion
23-10-2020, 12:41 PM
If we can touch 16c that would be a very bullish signal and we should climb higher heading toward xmas
It's already extremely bullish the fact that we didnt fall below the 50 day EMA when news that South Africa rugby dropped out of SANZAR, thats shouldve caused a great deal of panic. We bounced off that and formed a bullish triangle confirming uptrend so should be up from here.
Last: $0.159 0.9 ↑ 6%
https://www.youtube.com/watch?v=FONN-0uoTHI
nevchev
23-10-2020, 01:03 PM
It's already extremely bullish the fact that we didnt fall below the 50 day EMA when news that South Africa rugby dropped out of SANZAR, thats shouldve caused a great deal of panic. We bounced off that and formed a bullish triangle confirming uptrend so should be up from here.
The rugby is important but with future plans already known i think sky is no longer a one trick pony.
mistaTea
23-10-2020, 01:10 PM
Last: $0.159 0.9 ↑ 6%
https://www.youtube.com/watch?v=FONN-0uoTHI
Just wait until I tell missusTea! Boy am I going to get a treat tonight!
Just wait until I tell missusTea! Boy am I going to get a treat tonight!
Stock drops bro when ever you get excited. 15.7 now.
SpaceZ
23-10-2020, 01:14 PM
Just wait until I tell missusTea! Boy am I going to get a treat tonight!
Nice little gain, MT.
That is Blair's departure gift to you.
Looking for that late afternoon off market buy. Might be a Chinese investor.
Looking for that late afternoon off market buy. Might be a Chinese investor.
JV Investment Limited maybe :lol::lol:
LEMON
23-10-2020, 01:19 PM
It's true, every time you boys get excited the share price falls LOL. It's a roller coaster of emotions this one
It's true, every time you boys get excited the share price falls LOL. It's a roller coaster of emotions this one
This stock has been terrible for my mental health. I need something to happen either way.
SpaceZ
23-10-2020, 01:25 PM
JV Investment Limited maybe :lol::lol:
Something like that?
https://upload.wikimedia.org/wikipedia/en/thumb/9/9d/Alibaba-pictures-logo.png/220px-Alibaba-pictures-logo.png
LEMON
23-10-2020, 01:26 PM
This stock has been terrible for my mental health. I need something to happen either way.
She'll get there, playing hard to get
Something like that?
https://upload.wikimedia.org/wikipedia/en/thumb/9/9d/Alibaba-pictures-logo.png/220px-Alibaba-pictures-logo.png
Chinese government buys Sky.
Huawei set top boxes connected to the internet...
https://www.youtube.com/watch?v=IUB-wjXUREE
SpaceZ
23-10-2020, 01:30 PM
[QUOTE=Ogg;852114]Chinese government buys Sky.
Huawei set top boxes connected to the internet...
Sound good for the Next Conspiracy story. :cool:
Tripp
23-10-2020, 01:31 PM
I'm surprised how low the stock still is, people really have no idea how much data sky holders on those 900k+ people. 900k+ customer viewing habits is great data set for marketing etc :P
Getty
23-10-2020, 01:46 PM
[QUOTE=Ogg;852114]Chinese government buys Sky.
Huawei set top boxes connected to the internet...
Sound good for the Next Conspiracy story. :cool:
I hope they spy on some of the goings on in my lounge & bedroom.
That should keep them cross eyed for a while, & take their mind off state secrets.
Was re-reading the IFT announcement just now.
IFT is part of an consortium. So it may only buy a 51% interests, which would only cost it about $350m.
IFT had $514m capacity back in June. By now and with lower interest rates it's capacity may be higher.
If it goes 50% with Brooksfield on Sky, then it still may have enough cash without doing a placement.
Desperate thoughts here I know but could still be on, just unlikely this year.
Back to checking the companies register daily...
mistaTea
23-10-2020, 02:35 PM
Was re-reading the IFT announcement just now.
IFT is part of an consortium. So it may only buy a 51% interests, which would only cost it about $350m.
IFT had $514m capacity back in June. By now and with lower interest rates it's capacity may be higher.
If it goes 50% with Brooksfield on Sky, then it still may have enough cash without doing a placement.
Desperate thoughts here I know but could still be on, just unlikely this year.
Back to checking the companies register daily...
LOLLLLLL. There he is!
LOLLLLLL. There he is!
Gotta keep the dream alive!
LOLLLLLL. There he is!
IFT did say they were looking for opportunities
I'm confident that they're just waiting for the sale of OSB and so is Discovery.
According to reports, QScan EBITA is $70 million a year, with 10% growth.
Infratil throwing in a $700m bid.
Alpha
23-10-2020, 03:28 PM
Going back to the Video edit - If the word Energy was mentioned and if it has no link to IFT. Then who else? or is Sky also moving into this area along with Mobile.
Or was the Energy just a slip of the tongue and has no meaning.
Going back to the Video edit - If the word Energy was mentioned and if it has no link to IFT. Then who else? or is Sky also moving into this area along with Mobile.
Or was the Energy just a slip of the tongue and has no meaning.
What are you saying, that I should put my life savings into this stock...
https://www.youtube.com/watch?v=6rtYfx1-FS4
Baa_Baa
23-10-2020, 04:04 PM
Media across the Tasman report Infratil has bid $A700m for Quadrant’s Qscan business (NBR)
That'll put a dent in the acquisition funds.
Media across the Tasman report Infratil has bid $A700m for Quadrant’s Qscan business (NBR)
That'll put a dent in the acquisition funds.
Ramsay is trying to outbid them. No bid has been accepted yet.
If Infratil loses...
https://www.youtube.com/watch?v=mQI___0B00M
DownTownJr
23-10-2020, 04:27 PM
Well, that was a fun little ride today.
Cash_Lion
23-10-2020, 04:29 PM
God dammit why can't they just put a $700mil bid on SKT Lol, $160mil EBITDA
God dammit why can't they just put a $700mil bid on SKT Lol, $160mil EBITDA
Hopefully because Discovery will put in a $1B bid next month.
Because what else are they gonna put discoveryplus.co.nz, which they registered back in February of this year:
Threenow?
https://www.youtube.com/watch?v=IUB-wjXUREE
The stock just keeps dropping when ever I post about a takeover...
DownTownJr
23-10-2020, 04:38 PM
It legit does lol. Only thing that has made sense this year for SKT.
jimdog31
23-10-2020, 04:38 PM
The stock just keeps dropping when ever I post about a takeover...
I think its called sharesies lag bro, excitement builds based on ydays speculation, then comes back when todays realities get caught up.
jimdog31
23-10-2020, 04:39 PM
The stock just keeps dropping when ever I post about a takeover...
But you legit seems to have some weird timing!!
bottomfeeder
23-10-2020, 04:47 PM
I know it's a bit of fun and wishful thinking, but really got to stop this "funning around". This is serious biz, every time I read your post my heart jumps, then when I realise its a joke, I get rather seriously depressed. This is not good for my mental health. Cease and Desist
kyanar
23-10-2020, 06:49 PM
Going back to the Video edit - If the word Energy was mentioned and if it has no link to IFT. Then who else? or is Sky also moving into this area along with Mobile.
Or was the Energy just a slip of the tongue and has no meaning.
If it was ever mentioned, it's entirely possible they have confidential joint venture or partnership discussions happening. And if it that is the case, it would also explain any video editing if it ever occurred.
https://infratil.com/assets/Uploads/NZX-ASX-Announcement-Qscan-26102021.pdf
https://i.imgur.com/aAd84eb.gif
Cash_Lion
26-10-2020, 01:42 PM
If only they spent $700mil on SKT ;(( That would be about $0.40 per share
Cash_Lion
26-10-2020, 01:50 PM
https://infratil.com/assets/Uploads/NZX-ASX-Announcement-Qscan-26102021.pdf
https://i.imgur.com/aAd84eb.gif
SKT's EV/EBITDA Multiple is approx x4 I believe? Is that correct? Market Cap + Total liabilities/debt - Cash divided by $165mil
kyanar
26-10-2020, 01:54 PM
https://infratil.com/assets/Uploads/NZX-ASX-Announcement-Qscan-26102021.pdf
https://i.imgur.com/aAd84eb.gif
Sour grapes because they didn't buyout your pet company and make you hundreds of thousands of dollars?
Sour grapes because they didn't buyout your pet company and make you hundreds of thousands of dollars?
Yeah, exactly...
HEY MARKO, LOOK WHAT I GOT...
https://i.imgur.com/ksccyXp.jpg
mistaTea
26-10-2020, 06:00 PM
HEY MARKO, LOOK WHAT I GOT...
https://i.imgur.com/ksccyXp.jpg
LOL, who in their right mind would pay $40 to watch those two bums fight.
LOL, who in their right mind would pay $40 to watch those two bums fight.
The type of people who would pay 12 X EBITDA of course.
nevchev
27-10-2020, 08:54 AM
Did i miss somthing?SKT back down to .14c on the asx.Talk about a rollercoaster, geeze and heck
Dlownz
27-10-2020, 09:12 AM
https://www.nzx.com/announcements/362038
Interesting
allfromacell
27-10-2020, 09:15 AM
Hey Ogg, when's the date for the Spark takeover? :p
dompf
27-10-2020, 09:22 AM
Hey Ogg, when's the date for the Spark takeover? :p
Yay good news announcement. But really have to question the early rise last week in to this announcement from an almost flat period... uncanny timing lol
mistaTea
27-10-2020, 09:24 AM
https://www.nzx.com/announcements/362038
Interesting
A pretty big admission from Spark imo that their platform just doesn't cut the mustard in terms of content.
Discounting Spark Sport to $20/month for existing customers wasn't enough. Now they have to offer a discount on Sky Sport NOW to get people to sign up to Spark Sport.
Good outcome for Sky I think - they have been saying all along that they want to do more deals with other companies when it makes sense to do so.
And they used to have a deal with Spark for FANPASS. Spark kiboshed that deal when they released Spark Sport - good to see they have come to their senses!
Cash_Lion
27-10-2020, 09:47 AM
Did i miss somthing?SKT back down to .14c on the asx.Talk about a rollercoaster, geeze and heck
US markets crashed this morning, NZX/ASX markets follow
dompf
27-10-2020, 09:54 AM
US markets crashed this morning, NZX/ASX markets follow
If you think that’s a crash wait for next week. Could be a seismic 10 event
winner69
27-10-2020, 09:57 AM
If you think that’s a crash wait for next week. Could be a seismic 10 event
Jeez you guys are really happy this morning
Lion_graf
27-10-2020, 10:13 AM
US markets crashed this morning, NZX/ASX markets follow
Down less than 2%? Hardly a crash
God I hate this company...
nevchev
27-10-2020, 11:14 AM
God I hate this company...
Recovering now and looking good.As it should with good news this morning
Recovering now and looking good.As it should with good news this morning
The good thing about this partnership is that it will look nice on the ComCom takeover application.
nevchev
27-10-2020, 11:33 AM
How many customers do sky have...how many customers with spark.Hell,it wont be long before ill order a burger and the girl will ask"you want sky with that"
kyanar
27-10-2020, 11:40 AM
Sky really is becoming the Google Home Mini of pay TV providers.
Just like Ogg is the Boy Who Cried Takeover.
nevchev
27-10-2020, 01:06 PM
Shame to announce on a day when markets have the jitters.
https://www.nzherald.co.nz/business/spark-says-its-committed-to-sport-analyst-sees-sky-bundle-as-first-white-flag/RNOBJW2XB243S4FLP4F7KCC6BI/
Spark throwing in the towel? Back to Sky being a monopoly, so no takeover?
A pretty big admission from Spark imo that their platform just doesn't cut the mustard in terms of content.
Discounting Spark Sport to $20/month for existing customers wasn't enough. Now they have to offer a discount on Sky Sport NOW to get people to sign up to Spark Sport.
Good outcome for Sky I think - they have been saying all along that they want to do more deals with other companies when it makes sense to do so.
And they used to have a deal with Spark for FANPASS. Spark kiboshed that deal when they released Spark Sport - good to see they have come to their senses!
Yes it's good to see Sky doing more deals. They're playing to their strengths as a content aggregator and marketing platform. They'll be aggregating every service soon – or anything that doesn't require warehousing.
https://www.nzherald.co.nz/business/spark-says-its-committed-to-sport-analyst-sees-sky-bundle-as-first-white-flag/RNOBJW2XB243S4FLP4F7KCC6BI/
Spark throwing in the towel? Back to Sky being a monopoly, so no takeover?
The shareprice should start moving in the right direction now
This side by side chart shows just how undervalued Sky is.
https://www.nzherald.co.nz/business/surprise-deal-sky-sport-now-to-be-bundled-with-spark-sport/4SRICQHDBOQZQXQW2XPZGAF35E/
12040
The shareprice should start moving in the right direction now
This side by side chart shows just how undervalued Sky is.
https://www.nzherald.co.nz/business/surprise-deal-sky-sport-now-to-be-bundled-with-spark-sport/4SRICQHDBOQZQXQW2XPZGAF35E/
12040
20% of their revenue but 3% of the marketcap.
I'm switching sides from the "Takeover" team to the "Dividend 2022" team.
It's obvious nobody wants to buy this dog. Instead we'll cut it up for meat and serve it for lunch.
https://inews-prd-a-images.s3.eu-west-2.amazonaws.com/content/uploads/2018/09/Dog-640x360.jpg
When you cut it up and put it on a place I'm sure it tastes like something else.
We're up 7% on the ASX. Hope it lasts!
When you cut it up and put it on a place I'm sure it tastes like something else.
We're up 7% on the ASX. Hope it lasts!
https://www.youtube.com/watch?v=02IePc2YkVI
https://www.youtube.com/watch?v=02IePc2YkVI
I'd go for a seconds if I could.
The time is now for Value Stocks. Sydney Airport is even being recommended.
https://www.afr.com/markets/equity-markets/why-sydney-airport-looks-cheap-to-david-moberley-20201019-p566bc
Hopefully Spark flogs off 'Spark Sport' like that did with Lightbox. Maybe Sky can pick it up for $10m, then merge it with 'Sky Sport'.
Back to just one provider again, and not having to pay for Black Caps... What a sh*t show that was, having to pay double. Just lol at the ComCom.
Hopefully Spark flogs off 'Spark Sport' like that did with Lightbox. Maybe Sky can pick it up for $10m, then merge it with 'Sky Sport'.
Back to just one provider again, and not having to pay for Black Caps... What a sh*t show that was, having to pay double. Just lol at the ComCom.
Yes it's not their core business and all they have to do is offer a discount on the Sky retail price to their customers.
Comcom definitely got the merger decision wrong but that's allowed us to buy up all of these excellent value Sky shares.
Yes it's not their core business and all they have to do is offer a discount on the Sky retail price to their customers.
Comcom definitely got the merger decision wrong but that's allowed us to buy up all of these excellent value Sky shares.
I still hope for a merger or takeover...
Dog for sale, 30c a kilo...
Alpha
27-10-2020, 01:52 PM
Do you think this "white flag" from Spark is due to Sky now getting in Broadband/Mobile space and Spark is genuinely worried about this.
Tripp
27-10-2020, 01:56 PM
Do you think this "white flag" from Spark is due to Sky now getting in Broadband/Mobile space and Spark is genuinely worried about this.
Nope
Spark would be more worried about the future content cost etc. Sports and media rights are not cheap and i expect that neither lightbox (when spark had them) or sparks sports are running at break even and with everything that has happened this year their break even point has been pushed out by a couple of years.
Do you think this "white flag" from Spark is due to Sky now getting in Broadband/Mobile space and Spark is genuinely worried about this.
Sky is like that annoying friend who you can't get rid of because he's your sisters brother in law.
Everybody hates dealing with this company. Even the customers don't like them.
Spark has a lot of grumpy old men who want to watch the rugby. They don't want Netflix and Spark Sport is thin on content. A $20 free Sky Sport subscription is enough to hook them into a $500 per month mobile/broadband family deal. Who would have thought that some sports team dressed in Black has so much appeal...
Nope
Spark would be more worried about the future content cost etc. Sports and media rights are not cheap.
Spark could want some of that Olympic Games action too.
Tripp
27-10-2020, 02:02 PM
Spark could want some of that Olympic Games action too.
yes but who would watch it? NZ is use to the free to tv highlights of them or an extra bonus channel or 2 on sky when they are on (included with sports package).
Plus sky normally puts a few sports on prime.
All depends if tvnz ponies up some $$$ with spark to get them. But tvnz is also limited in channels they can spin up.
mistaTea
27-10-2020, 02:06 PM
I still hope for a merger or takeover...
Dog for sale, 30c a kilo...
Wish in one hand, sh1t in the other - see which one fills up first!
mistaTea
27-10-2020, 02:41 PM
I am looking forward to early next year when Sky Broadband is released.
I think the market is underestimating how popular this will be with the half a million households that have traditional Sky TV. Average Sky TV satellite spend is about $80/month. Plus then they probably pay $80-$90 per month on 100Mbs Broadband - a total of $160 - $170 per month. .
Sky would be able to offer a 1Gbs 'the works' bundle for around $160 - $170 per month. More content and fibre speeds up to 10x their current setup. Cheaper again for those who only want particular portions of Sky's huge content range
It would not surprise me at all if we started to see more growth in traditional satellite again. A reliable and truly 'live' experience for Sports fans, with competitive pricing.
And then there are the bundle opportunities with Sky GO, NEON and Sky Sport NOW. But I better stop there as I am already getting a woody thinking about it!
And then there are the bundle opportunities
https://www.youtube.com/watch?v=wF_vKXrOtY8
Who keeps micro dumping at 15.3?
Alpha
27-10-2020, 03:07 PM
Black Friday sale this year 27th of November
Gregnz
27-10-2020, 03:37 PM
https://www.youtube.com/watch?v=wF_vKXrOtY8
Who keeps micro dumping at 15.3?
Pure stupidity, anyone with an ounce of intelligence would look at depth and realise that if they just gave it a chance to build momentum, they will be able to sell for significantly more than 15.3 cents.
https://www.nzherald.co.nz/business/why-analysts-have-hiked-infratils-target-price/E7JQSJYVUP2WPQWL7DCHE4EC7U/
I assume it's referring to Vodafone. So what are they saying it's worth now, $6.8 billion?
And to think a few years ago they were gonna go halves with Sky.
Who keeps micro dumping at 15.3?
Some dopey fund no doubt who wants to exit their position because they read a bearish report on Sky likely written by Forsythe 'Fwits' Barr
Pure stupidity, anyone with an ounce of intelligence would look at depth and realise that if they just gave it a chance to build momentum, they will be able to sell for significantly more than 15.3 cents.
The bots keep pushing Sky back down to 0.145 on the ASX every time it ascends to 0.15.
They're trying desperately to shake out the last of the nervous holders given its starting to rise.
DownTownJr
27-10-2020, 03:55 PM
And what would be the point of doing that?
And what would be the point of doing that?
To fuel more conspiracy theories here.
Cash_Lion
27-10-2020, 04:23 PM
should explode any moment now....
freebee
27-10-2020, 04:28 PM
https://www.nzherald.co.nz/business/spark-says-its-committed-to-sport-analyst-sees-sky-bundle-as-first-white-flag/RNOBJW2XB243S4FLP4F7KCC6BI/
Spark putting out the white flag
SpaceZ
27-10-2020, 04:30 PM
https://www.nzherald.co.nz/business/spark-says-its-committed-to-sport-analyst-sees-sky-bundle-as-first-white-flag/RNOBJW2XB243S4FLP4F7KCC6BI/
Spark putting out the white flag
White flag according to Wikipedia is not surrendering but "negotiation mode" - win win situation.
Cash_Lion
27-10-2020, 04:44 PM
sounds like more benefits and less competition
jimdog31
27-10-2020, 05:20 PM
God I hate this company...
This share is the definition of "contrarian"
nevchev
27-10-2020, 05:36 PM
Stood up ok today i guess thanks to this mornings announcement. See what tomorrow brings
Stood up ok today i guess thanks to this mornings announcement. See what tomorrow brings
They'll probably announce an exclusive global deal with Netflix. Stock will do nothing tho...
mistaTea
27-10-2020, 05:47 PM
They'll probably announce an exclusive global deal with Netflix. Stock will do nothing tho...
Someone really is not a happy camper!
In that scenario the stock will probably drop 20% for
no rational reason at all.
God I love this business!
Someone really is not a happy camper!
You would be too, if you've only up $10,878.98 on this dog so far, absolute disgrace.
https://multiglom.files.wordpress.com/2015/01/vampires-kiss-nicolas-cage.jpg?w=600
You would be too, if you've only up $10,878.98 on this dog so far, absolute disgrace.
https://multiglom.files.wordpress.com/2015/01/vampires-kiss-nicolas-cage.jpg?w=600
Sky's still a multibagger IMO. It's just the last cab off the rank and really requires a long-term view. The impairment was a set-back but the big announcements are on their way.
Sky's still a multibagger IMO. It's just the last cab off the rank and really requires a long-term view. The impairment was a set-back but the big announcements are on their way.
I think management are monitoring this thread, waiting for me to sell before announcing the big takeover...
https://www.youtube.com/watch?v=gnsyS0fLKx0
I think management are monitoring this thread, waiting for me to sell before announcing the big takeover...
The takeover offers will come when Sky has a market cap of close to 1bn, just prior to the Olympics I think.
Alpha
27-10-2020, 09:07 PM
Dam I am now really looking forward to the Olympics :t_up:
RGR367
27-10-2020, 09:13 PM
I think management are monitoring this thread, waiting for me to sell before announcing the big takeover...
https://www.youtube.com/watch?v=gnsyS0fLKx0
Yeah, why don't you sell and see what unfolds :cool:
Yeah, why don't you sell and see what unfolds :cool:
300 folks...Not selling, going for the quad ton.
https://www.youtube.com/watch?v=JOGjUpjk98c
Waltzing
27-10-2020, 10:31 PM
putting the games will be very difficult, would not bet on it. i think the decision has to be made by april...just dont think so.. i dont think the public in the big T are behind the idea much anymore , stats say they dont even have public support.
putting the games will be very difficult, would not bet on it. i think the decision has to be made by april...just dont think so.. i dont think the public in the big T are behind the idea much anymore , stats say they dont even have public support.
They're happening, with or without Covid: https://www.bbc.com/news/world-asia-54052669
Quantitative Easing
28-10-2020, 12:19 PM
Sky might actually be gaining the upper hand with their battle with Spark.
If Spark is completely out of the picture the share price will be a lot higher.
Sky is gaining traction and the outlook, both technically and fundamentally, is bullish. This is evident in the fact that the share price has been fairly robust prior to the American Election (when the market has been historically bearish and volatile).
Might be a gradual rise but the floor is pretty firm now. DYOR. GLTAH.
Greekwatchdog
28-10-2020, 12:40 PM
I still believe the Market is playing this very carefully until they see more proof regarding improved growth in subscription numbers and Strategy.
I love this comment on reddit...
https://www.reddit.com/r/newzealand/comments/jio16y/spark_to_offer_sky_sport_bundle/
Streaming is becoming too hard and expensive. Netflix/Disney/Prime all have some shows on each i want to watch but to have all 3 it racks up in cost. Now sport is split between providers...i understand that Spark will have the Black Cap matches but Sky will have the Aussie Cricket series this summer...but wait.... you can combine them now, but you must have a spark internet or mobile connection. ARGGH!All too hard.
I was better off when Sky had the monopoly....
https://www.youtube.com/watch?v=IUB-wjXUREE
Alpha
28-10-2020, 02:22 PM
https://www.sparknz.co.nz/
Spark is a word that means life, potential
and creativity, and our people embody this every day as they support our customers and help us to achieve our purpose – to help all of New Zealand win big in a digital world. Welcome to Spark.
On the front page of Spark website.... Spark is a word that means life, potential, energy and creativity, and our people embody this every day as they support our customers and help us to achieve our purpose – to help all of New Zealand win big in a digital world. Welcome to Spark.
just keeping the conspiracies' alive.
Still no CFO. What the hell is going on...
https://www.youtube.com/watch?v=RqJVa0fl01w
I want an update from Blair. What's this muppet been up to, spending all my hard earned..
Gregnz
28-10-2020, 04:51 PM
The sharemarket makes no sense. So news about Sky partnering with Spark is somehow seen as bad news??.. given the dropping share price..
I feel like I need to change my method of investing, and perhaps start doing the opposite of what my research and analysis suggests to do.
DownTownJr
28-10-2020, 05:10 PM
I have no idea why the random jump at the end of last week and then with good news around Spark this week the decline (yes I know America)
Mr Market has confused me beyond all ends over the last 6 months. I will continue holding SKT, aiming for around 3+ years, it would just be nice to see some price increase for once. I guess Mr Market still doesn't see how SKT can cut it into the future.
The sharemarket makes no sense. So news about Sky partnering with Spark is somehow seen as bad news??.. given the dropping share price..
I feel like I need to change my method of investing, and perhaps start doing the opposite of what my research and analysis suggests to do.
I have no idea why the random jump at the end of last week and then with good news around Spark this week the decline (yes I know America)
Mr Market has confused me beyond all ends over the last 6 months. I will continue holding SKT, aiming for around 3+ years, it would just be nice to see some price increase for once. I guess Mr Market still doesn't see how SKT can cut it into the future.
Dividend
Buyback
Takeover
or nothing
Alpha
28-10-2020, 05:28 PM
It looked like quite a few decent size sells went through today. I wonder if the entity buying offmarket was buying today. Building there stake.
Alpha
28-10-2020, 05:29 PM
The last few times we have had good news. The global market has been down. When they announced results wasn't the US down? It seems like they have a bit of bad timing with there news.
dompf
28-10-2020, 06:36 PM
Dividend
Buyback
Takeover
or nothing
Good luck man; :-) you need a saddle for this dog. :p
Baa_Baa
28-10-2020, 08:13 PM
I guess Mr Market still doesn't see how SKT can cut it into the future.
Few here would be happy to admit that SKY is an absolute pig dog of stock, a pariah vilified by the market for years, that has smashed untold shareholder wealth that it's vomit inducing. The SP chart tells you the story and so far it's not going too well is it. Sure, it's tradable for a few pennies and % either way, but not for serious investors.
It stands to reason that SKY really do have to put some serious runs on the board before serious investors (not speculators) will give it the time of day. Many have be seriously burned by SKY. The market has a long memory. Only a comprehensive turnaround in business metrics and sustained performance will lure back the serious investor money. Hoping for a buyout is not an investor strategy, it is a 'hope' for a quick (relatively) speculative upside return. Hope is a poor strategy.
Just saying. Good luck to the speculators, but don't expect to be bailed out by serious money piling in, including a buyout, until SKY reverse the loss of customers and show a sustainable return to obscene revenues and profits. It's really that simple, to say, maybe not so simple to do.
Few here would be happy to admit that SKY is an absolute pig dog of stock, a pariah vilified by the market for years, that has smashed untold shareholder wealth that it's vomit inducing. The SP chart tells you the story and so far it's not going too well is it. Sure, it's tradable for a few pennies and % either way, but not for serious investors.
It stands to reason that SKY really do have to put some serious runs on the board before serious investors (not speculators) will give it the time of day. Many have be seriously burned by SKY. The market has a long memory. Only a comprehensive turnaround in business metrics and sustained performance will lure back the serious investor money. Hoping for a buyout is not an investor strategy, it is a 'hope' for a quick (relatively) speculative upside return. Hope is a poor strategy.
Just saying. Good luck to the speculators, but don't expect to be bailed out by serious money piling in, including a buyout, until SKY reverse the loss of customers and show a sustainable return to obscene revenues and profits. It's really that simple, to say, maybe not so simple to do.
You're on the money with your comments, fortunately most of us that have been around for a while know this. Sky is not a daytrading stock, it's an uncool value stock, that we're taking a contrarian position on.
Guys, don't get despondent. Wait for the big announcements, not the small ones. The advertising market will come back prior to the Olympics, Covid vaccines are on their way, Sport is back on, and the transformation will be revealed. There'll be a financial update early next year. But all of the good news will be in the next annual report. Remember, the longer you hold the less tax you pay. Pay no heed to the downrampers.
dompf
28-10-2020, 10:06 PM
Few here would be happy to admit that SKY is an absolute pig dog of stock, a pariah vilified by the market for years, that has smashed untold shareholder wealth that it's vomit inducing. The SP chart tells you the story and so far it's not going too well is it. Sure, it's tradable for a few pennies and % either way, but not for serious investors.
It stands to reason that SKY really do have to put some serious runs on the board before serious investors (not speculators) will give it the time of day. Many have be seriously burned by SKY. The market has a long memory. Only a comprehensive turnaround in business metrics and sustained performance will lure back the serious investor money. Hoping for a buyout is not an investor strategy, it is a 'hope' for a quick (relatively) speculative upside return. Hope is a poor strategy.
Just saying. Good luck to the speculators, but don't expect to be bailed out by serious money piling in, including a buyout, until SKY reverse the loss of customers and show a sustainable return to obscene revenues and profits. It's really that simple, to say, maybe not so simple to do.
You hit the nail on the head, this stock is a pig; there is value perhaps but it’s a tough sell; so many disillusioned by loses on this one.
I love the commentary on this thread and it would be a great day to see all holders win but it’s a tough one. GL to all
Gregnz
29-10-2020, 10:50 AM
And back into the 14's we go. Was nice seeing the 15's for a brief moment in time.
Stock below 15 again.
Back to daily takeover posts...
https://pbs.twimg.com/media/ET6blaOWkAUw2C3.jpg
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