SKT Sky Network Television Limited.

[Ogg]

Starting to get a bit more mention on the social media again.

Better post the disclaimer again.

https://www.fma.govt.nz/assets/Guidance/HitsandMyths-MaryHolm-Guidebook.pdf


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

[Akane]

I have scored another 400,000 today of the 1.3m traded between 17.9 and 18.1 costing roughly 70k. Theres good upside imo so in the very near future they may be worth twice that... lets hope so.

This is the kind of trade that can swing markets.

[mistaTea]

https://www.nbr.co.nz/story/vend-be-acquired-lightspeed-us350m?utm_medium=email&utm_source=NBR%20Today

5% the revenue of Sky and sells for hundreds of millions more that Sky’s current market cap.

If that doesn’t deserve the Nicholas Cage laugh I don’t know what will!

[Ogg]

If that doesn’t deserve the Nicholas Cage laugh I don’t know what will!

The cage laugh shouldn't be over used.

[mistaTea]

The cage laugh shouldn't be over used.


https://www.youtube.com/watch?v=0tJGk4ofc18

[silu]

I just bought more at 17.9c too because they are just too cheap. <insert Nic Cage laugh emoji>

[mistaTea]

Wow, my Sky shares market value has just crossed the $400K mark.


https://www.youtube.com/watch?v=ZrX1XKtShSI

MissusTea might have to bring out that special lingerie I got her.

[LEMON]

Wow, my Sky shares market value has just crossed the $400K mark.


https://www.youtube.com/watch?v=ZrX1XKtShSI

MissusTea might have to bring out that special lingerie I got her.

Nice job mistaTea, All the best.

[mistaTea]

Nice job mistaTea, All the best.

Well, I’m still $215K in the red, but sshhhhhh - don’t let missusTea know!

[Ogg]

I’m still $215K in the red

Cage worthy

[mistaTea]

Cage worthy

Oh yes. That is exactly how I laugh now when I tell anyone who will listen...

[Ogg]

Discovery Inc

https://i.imgur.com/vVa8V5i.jpg

[mistaTea]

Discovery Inc

https://i.imgur.com/vVa8V5i.jpg

They will need that higher market valuation for when they need to borrow to beat Vocus in the inevitable bidding war for Sky TV.

Cue Nick Cage maniacal laugh.

[mistaTea]

https://www.stuff.co.nz/entertainment/tv-radio/300251257/netflix-testing-feature-to-potentially-crack-down-on-passwordsharing

[Dlownz]

https://www.stuff.co.nz/entertainment/tv-radio/300251257/netflix-testing-feature-to-potentially-crack-down-on-passwordsharing

Yip if that happens it will be bye bye Netflix.
It was bad enough when they cracked down on having u.s Netflix here.

[mistaTea]

Yip if that happens it will be bye bye Netflix.
It was bad enough when they cracked down on having u.s Netflix here.

One advantage of having a business that is primarily set top box is that account sharing is more difficult.

You can get an extra Sky decoder and put it in another house (Ogg does it) but there is a lot more p1ssing about compared to sharing a password to an app.

Sky will be monitoring the NEON password sharing too. They won’t do anything about it right now while subs are still growing, and they definitely would not want to be the first mover in cracking down.

If the new STB is a success and the majority of their subs remain Sky Box customers then it is less of an issue for Sky.

Sky Sport NOW only allows one stream per account. So it is only an issue for NEON.

[daveypnz]

New Sky Go is :t_up:

Keeps you logged in.

[mistaTea]

New Sky Go is :t_up:

Keeps you logged in.

I wish I could subscribe to Sky GO as a stand-alone.

They should be releasing the new Sky GO soon. I think the new features are going to be really good.

[daveypnz]

I wish I could subscribe to Sky GO as a stand-alone.

They should be releasing the new Sky GO soon. I think the new features are going to be really good.

It's already available. Once you login, in the top right hand corner you should see the option to switch to the new version.

[mistaTea]

It's already available. Once you login, in the top right hand corner you should see the option to switch to the new version.

Oh really!

I don’t have Sky GO so I can’t see.

What are the new features?

Screenshots?

[mistaTea]

https://apps.apple.com/nz/app/sky-go-companion-app/id1541957275

I see the new app now...looks good.

[DownTownJr]

Now if Sky Go ever becomes a standalone product, that imo would see a huge jump in numbers (given the right price)

[mistaTea]

Now if Sky Go ever becomes a standalone product, that imo would see a huge jump in numbers (given the right price)

Yes, as a companion app and a 'freebie' for Sky Box customers I can see how it keeps them subscribing.

But there would be a lot of customers who want the 'streaming only' option.

I am considering ditching my Vodafone TV, cancelling NEON and getting a Sky Box installed.

With the new app, it looks like I really could get the best of both worlds...

[Quantitative Easing]

https://businessdesk.co.nz/article/on-the-money-adrian-orrs-fruity-support-sky-tv-my-food-bag-and-more

Can anyone access this?

[Slim]

Hi QE - Just A loose story about SKT commentators escaping Auckland to report on sports. Basic non eventful media piece thrown in with several other stories

[Ogg]

TV3 getting $10 million dollar bailout from mamma bear

https://app.companiesoffice.govt.nz/companies/app/service/services/documents/E8B9021B1013579C8D801CAA69FD8AFC

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

[DownTownJr]

Our very own Sophie will be talking to the Sharesies crowd this Thursday on Sharesies Lunch Money podcast. Worth tuning in.

[mistaTea]

Hey Ogg,

Since iFT just hit pay dirt with Tilt...

Are they going to use some of that cash to buy Sky now?

They better get in before Vocus, or Comcast, or Foxtel, or Discovery do!


https://www.youtube.com/watch?v=w0lV6uMtcz8

[Ogg]

Bu-bu-but TV is dead...Bu-bu-But Netflix...

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

[Ogg]

Last: $0.174 -0.8 -4.4%


https://www.youtube.com/watch?v=vhe3vSe-mmw

[mistaTea]

RP extending their reach further...

https://www.theguardian.com/sport/2021/mar/16/major-league-rugby-rugbypass-platform-covid

[mistaTea]

Good interview with RP CEO.

https://www.nbr.co.nz/node/229448?utm_medium=email&utm_source=Heads%20Up

[Ogg]

https://i.imgur.com/Pp50PJK.gif

[LaserEyeKiwi]

Good interview with RP CEO.

https://www.nbr.co.nz/node/229448?utm_medium=email&utm_source=Heads%20Up

looks promising!

but what is with those team names?

The San Diego Legion? The LA Giltinis?? The Austin Gilgronis??

[mistaTea]

https://www.nzherald.co.nz/business/old-media-veterans-defy-critics-to-rally-in-streaming-era/ODKRO2SS5H66QVU7HYIA6QIZ6E/

'Old Media' doing just fine.

Everyone except Sky NZ that is! :t_down:

[Ogg]

https://i.imgur.com/wki4IqS.gif

[mistaTea]

Large trading volume today.

[LaserEyeKiwi]

Looks like one trade of 9.4 million shares?

[Ogg]

https://i.imgur.com/eUdH9FP.jpg????


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

[mistaTea]

Wow, the SP is actually higher today than it was a year ago.

That hasn’t been the case for about 4 years now.

[mistaTea]

Hey Ogg,

Will this North American play by RugbyPass alert the Yanks to Sky’s presence and low quoted value?

Do I buy the Dom Perignon now or just hold my horses?

[Habits]

Wow, the SP is actually higher today than it was a year ago.

That hasn’t been the case for about 4 years now.
Up 14.29 percent... exactly the same percentage as six months ago and gaining momentum. Good place

[Ogg]

Hey Ogg,

Will this North American play by RugbyPass alert the Yanks to Sky’s presence and low quoted value?

Do I buy the Dom Perignon now or just hold my horses?


https://www.youtube.com/watch?v=VSMfVafyO8w

[mistaTea]

With Sky GO looking so appealing, I have decided to ditch the VTV sub (which has UX limitations I really don't like) and have also cancelled NEON since I won't need it anymore. When my Sky Sport NOW sub expires in July I won't renew and will add Sport to my satellite sub.

So after July I will be all in for ~$120/month ($3.95/day which is less than the cafe stings me for a coffee at work).

Now that Sky GO is 'nek level'', I really think traditional Sky Box subs are the way to go. You get the best of what each world offers. Truly 'live' events with your satellite sub and reliability of a tried and true platform plus the ability to stream the Sky content on smartphone, tablet, laptop with Chromecast option.

I do end up paying about $25/month more that I was for the VTV, NEON, Sky Sport NOW set up...but everything will be on one platform and I would argue the product is better (and worth an extra 82c/day).

Bad news is Sky have lost 3 streaming subs! Good news is they gained a Sky Box customer (which feeds into their stabilisation story) who pays more!


*******************************

Welcome to SKY, your online order has been successfully submitted. We're excited that you've taken the first step to discovering a world of premium entertainment.
SKY order reference: xxxxxxxx


Your order summary is:


PACKAGES


Sky Starter
$25.99


Sky Entertainment
$25.5


Sky Movies
$20.93


SERVICES


SoHo
$9.99


My Sky
$15


FEES


OTC My Sky
$0


DISCOUNTS


-100% Sky Movies:
-$20.93


-100% My Sky:
-$15


-100% Sky Starter:
-$25.99


Free Gift:
-$0


TOTAL


Charge per month until Offer expires
$25.5


MONTHLY COST


Charge per month after Offer expires
$87.42

[LEMON]

Sharesies lunch money talk with Sophie Moloney today at 12.15.

[DownTownJr]

Sharesies lunch money talk with Sophie Moloney today at 12.15.

You can submit a question to be asked also. Will be worth listening to.

[mistaTea]

You can submit a question to be asked also. Will be worth listening to.

How can I watch? Do I need a sharsies account?

[Ogg]

You can submit a question to be asked also. Will be worth listening to.

Ask her if she's friends with Rebecca Kent

[DownTownJr]

How can I watch? Do I need a sharsies account?

Sorry dude just seen this message was busy at work. Did you end up finding how to tune in? Replay of the podcast will be uploaded to Spotify later. I'll link it here if anyone is interested.

Podcast was the usual run of the mill stuff we already know. Sophie did mention that they would be willing to look at entering the mobile market in the future (as this fits with their entertainment brand) and are at talks amongst themselves regarding making Sky Go a standalone product as they know there is great interest in doing this.

[mistaTea]

Sorry dude just seen this message was busy at work. Did you end up finding how to tune in? Replay of the podcast will be uploaded to Spotify later. I'll link it here if anyone is interested.

Podcast was the usual run of the mill stuff we already know. Sophie did mention that they would be willing to look at entering the mobile market in the future (as this fits with their entertainment brand) and are at talks amongst themselves regarding making Sky Go a standalone product as they know there is great interest in doing this.

Yeah I did manage to get in ok.

Pretty run-of-the-mill stuff. Did not learn anything new.

But my oh my does Sophie have great teeth...

[DownTownJr]

That she does. Very American looking teeth. Maybe Sky is going into the dental business. Ogg thoughts?

[mistaTea]

That she does. Very American looking teeth. Maybe Sky is going into the dental business. Ogg thoughts?

The new owners of Abano Healthcare can put in a bid!

Maybe they have given Sophie some free veneers to grease the wheels for negotiations...

[mistaTea]

https://www.nzherald.co.nz/business/chorus-clocks-another-broadband-usage-record-but-are-we-getting-too-close-to-the-ceiling/MMCXAZ7WR4QVUCIRXC5CCIAITI/

As streamers start rolling out 8K offers, and Sport streams in 4K...when we hit congestion issues as streamers compete with Zoom, Teams and Gamers...

The satellite proposition will only become more appealing over time.

Every household in NZ could have a satellite dish on the roof and it would not impact performance at all.

I believe the new satellites will support 4K too...

[Ogg]

But my oh my does Sophie have great teeth...

mistaTea entering Sky podcast...

https://i.imgur.com/COScRL1.gif

First question to Sophie...

https://i.imgur.com/KjSpwY2.gif

[mistaTea]

This will be Ogg when a takeoever happens even though he did not predict it...


https://www.youtube.com/watch?v=Gu5JdmsLWVk

[Ogg]

This will be Ogg when a takeoever happens even though he did not predict it...



mistaTea reinvesting after the takeover....


https://i.imgur.com/my4zsbY.gif

mistaTea 6 months later...

https://i.imgur.com/C9hNPRf.gif

[mistaTea]

mistaTea reinvesting after the takeover....


https://i.imgur.com/my4zsbY.gif

mistaTea 6 months later...

https://i.imgur.com/C9hNPRf.gif

Nah I will just give you my money so you can time the investments better...

[Ogg]

Nah I will just give you my money so you can time the investments better...

All in on this after the takeover?

https://i.imgur.com/sAW2cKG.jpg

[moose]

As a rugby fan who travels to the US a lot (at least pre 2020!) I've always been impressed with how aware your average Yank is of the sport (by "average" I'm talking about the ones I interact with in bars etc!) - they know its an AB dominated sport (in fact when you say you are from NZ it is a 50/50 split as to the ABs or the LOTR). They also tend to say "thats like football but more violent and no body armour!" - usually with a big smile!
Rugby is likely to be a huge hit IF it gets to a wider audience - the big question is if RP is the channel to do that. The advantages for RP are that rugby is still well under the radar for the big players and US consumers are very comfortable with pay-to-view.

Will be interesting to see how this works out...

[mistaTea]

Hmmmmn. Still no broadband.

Why has it not been released yet? They have been in one form or another of testing for months now.

[Ogg]

https://i.imgur.com/WH3Pn9q.jpg


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

[Dlownz]

Can anyone bring up some info on how many shares have traded hands the last 2 weeks. 14mil traded on close with 16mil total today with another 5mill being asked for at.. 17cents
Still high volume it seems but I have been away this week.

[DownTownJr]

Something must be brewing with these high volume trades. No broadband release yet. Odd times.

[Alpha]

Hmmmmn. Still no broadband.

Why has it not been released yet? They have been in one form or another of testing for months now.


Yeah I am getting a bit sick of waiting. Especially now that I am mainly working from home. I've asked multiple times about a Static IP which I require for work setup.

Current provide does not have. I am effectively floating waiting for SKY. The discount better be worth it and I will be really annoyed if they do not offer considering old previous provide before the one I am with now was Orcon and they have a static......


Hurry up Sky.

[mistaTea]

Something must be brewing with these high volume trades. No broadband release yet. Odd times.

Yeah very high volumes.

Someone gearing up to grab 19.99% at these crazy low prices before launching an official takeover?

Ogg we need your guidance more than ever!!

Who is doing this to us?!

[bottomfeeder]

Yeah very high volumes.

Someone gearing up to grab 19.99% at these crazy low prices before launching an official takeover?

Ogg we need your guidance more than ever!!

Who is doing this to us?!

Waiting for the much touted takeover, that several people have been promoting for a lot of months now will keep you up at night. There is no indication that a takeover is pending, or that anyone has expressed interest in pursuing.

[Ogg]

14mil traded on close with 16mil total today with another 5mill being asked for at 17cents


Something must be brewing with these high volume trades.


Yeah very high volumes. Someone gearing up to grab 19.99% at these crazy low prices before launching an official takeover


Waiting for the much touted takeover

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

[mistaTea]

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

If it is one buyer then they must be very close to the 5% disclosure level by now.

[mistaTea]

Good to see the broadband offer begin rollout today.

Also interesting to note that the new Head of Broadband for Sky has come across from Vocus.

I must have missed that point somehow before.

[Baa_Baa]

Good to see the broadband offer begin rollout today.

Also interesting to note that the new Head of Broadband for Sky has come across from Vocus.

I must have missed that point somehow before.

Very good news I thought, a cracking deal for existing subscribers should put another lucrative revenue stream into the mix. Re rate coming soon

[mistaTea]

Very good news I thought, a cracking deal for existing subscribers should put another lucrative revenue stream into the mix. Re rate coming soon

Yeah the average Sky Box customer can pay the equivalent of ~$5.20 a day for their Sky content plus ultra fast internet using the latest wifi6 tech.

Would appear to be a good deal to me. That’s about the cost of a decent coffee!

[moimoi]

@ $79 a month...

Appears at first glance similar to everything else in the market. Is there anything transformative about the offer.?

[mistaTea]

@ $79 a month...

Appears at first glance similar to everything else in the market. Is there anything transformative about the offer.?

Isn’t that about the price most other retailers sell 100Mbs unlimited broadband for?

[allfromacell]

It's the cheapest at that speed on the market from what I can see, obviously needing to subscribe to starter helps them achieve this.

Contact has 100mbps fibre at $60 a month bundled with power which is very competitive, I'd argue 100 mbps is more than enough for the vast majority of households.

It'll be good to get feedback on the sky router and wifi boosters performance and range. Hopefully this hardware is solid and is well received. Anyone signed up? I'm a streaming only subscriber otherwise I would.

[LaserEyeKiwi]

Chorus wholesales gigabit fibre for $56 a month (which seems like what Sky is offering for $68.70c a month + GST ($79 retail price). so out of that $12.70c a month sky has to cover the cost of Vocus margin, modem cost & its administration costs.

Put simply this is likely a negative margin product up front - but is a great retention tool for skybox subscribers, and might even lead to some new skybox subscribers. it is very telling that the monthly broadband cost increases from $79 to $109 if the subscriber cancels there sky starter subscription (which is essentially getting rid of skybox as every skybox subscriber has sky starter by default currently IIRC). $109 is much closer to what other ISPs offer gigabit fibre for and is where it is more profitable to offer.

[moimoi]

Its like $4 a week cheaper than a slingshot (Vocus) advertised plan.

Is there anything transformative about the offer.?

[The diver]

Seems to me that most suppliers are charging $95-99 for the same 900mbps down. compare that with $105.99 with sky basic. ~$10 for all of sky basic channels seems a pretty solid offering to me for those without sky. I see no reason that anyone already with sky shouldn't sign up for broadband too.

[LaserEyeKiwi]

Its like $4 a week cheaper than a slingshot (Vocus) advertised plan.

Is there anything transformative about the offer.?

you might need to check that - the sky offering is equivalent to the "Unlimited Gigantic" plan from slingshot which is $99.95 a month.

[LaserEyeKiwi]

Seems to me that most suppliers are charging $95-99 for the same 900mbps down. compare that with $105.99 with sky basic. ~$10 for all of sky basic channels seems a pretty solid offering to me for those without sky. I see no reason that anyone already with sky shouldn't sign up for broadband too.

Well most people don't need 900 down, and are adequately served with 100 down, which you can get in plans ranging from $60-$70 from power companies or Vodafone etc.

[The diver]

Well most people don't need 900 down, and are adequately served with 100 down, which you can get in plans ranging from $60-$70 from power companies or Vodafone etc.

Oh absolutely. Like they said in the announcement, i'm sure there will be some good value plans for those but will have to wait and see what the specifics are.

[Ogg]

No fireworks here. Very vanilla offering. Rightly not a price sensitive announcement.

Although I don't think Sky Broadband will be a flop, it is going to be difficult to get existing customers to move from Spark or Vodafone. However, with new connections they should be competitive, but then again, how many new customers are joining while also having a traditional Skybox.

That's the real irony here. It's hard to get a old people to switch telco providers, but it's equally as hard for them to let their tradition TV subscription go. Sky can't really win but can't lose either.

I just see this as the first step to a merger and or takeover. Getting the billing system right and letting their customers know there's more to them than just Pay TV is key. People love one bill and they love combos.

ViacomCBS just raised $3 billion. I'm hoping they can come in and join Discovery and Comcast. It will be like watching a done up Villa in Ponsonby go to auction!

[ratkin]

Seems like a good plan to me. The broadband at 400mps is cheap by NZ standards, that is if those speeds are actually widely available. As a gamer am tempted to switch across from telecom. Only thing putting me off changing is I would lose my long standing email addresses.

The only downside of course is you have to have sky starter package. Good for sky though, as once they hook existing customers into broadband they will be less likely to leave.
It also opens up plenty of future bundle possibilities, especially with tv now moving largely digital.

Downside is every man and his dog are now bundling internet and something else. Had an offer from trustpower yesterday, offering an electricity and fibre bundle. So lots of competition, but overall looks a positive move.

[mistaTea]

Seems like a more than reasonable offer for high quality internet to me.

As Ogg points out, we should not expect hundreds of thousands of Sky Box customers to switch overnight. Many existing Sky Box customers are happy with their current telco and happy with their Sky setup. That is fine by us.

Let’s see how many do switch over - some savings to be had, plus much faster internet and better performance with the new routers.

Hooking in new business opportunities may be more of a go. There are a lot of houses with fibre in their streets that are still on VDSL. I believe part of the strategy is for Sky to target these areas too.

Let’s see what happens.

[mistaTea]

Sentiment in the media seems generally positive. Which is amazing for journos writing about Sky!

https://i.stuff.co.nz/business/124633012/sky-tv-throws-down-gauntlet-with-79month-fullspeed-ufb-plan

[ratkin]

Sentiment in the media seems generally positive. Which is amazing for journos writing about Sky!

https://i.stuff.co.nz/business/124633012/sky-tv-throws-down-gauntlet-with-79month-fullspeed-ufb-plan

Expect fibre pricing to come down across the board as competition heats up. Our fibre is some of the most expensive in the world, plenty of room for the likes of spark to counter attack. In the UK would be paying less than half what we are at the moment for similar offerings.

Other question is do we really need 400mps. Currently on 100 and experience no lag on netflix etc, so doubtful it would make any difference to performance. Only area it might is gaming, but even then the bottleneck is usually with the game companies servers. For example EA servers are generally poor, even for those with super fast speeds.

[Bjauck]

Expect fibre pricing to come down across the board as competition heats up. Our fibre is some of the most expensive in the world, plenty of room for the likes of spark to counter attack. In the UK would be paying less than half what we are at the moment for similar offerings.

Other question is do we really need 400mps. Currently on 100 and experience no lag on netflix etc, so doubtful it would make any difference to performance. Only area it might is gaming, but even then the bottleneck is usually with the game companies servers. For example EA servers are generally poor, even for those with super fast speeds. A densely populated country with a large population can have advantages of scale per person. Having said that, there are remote rural areas in the UK struggling to provide fast broadband too.

[fish]

Expect fibre pricing to come down across the board as competition heats up. Our fibre is some of the most expensive in the world, plenty of room for the likes of spark to counter attack. In the UK would be paying less than half what we are at the moment for similar offerings.

Other question is do we really need 400mps. Currently on 100 and experience no lag on netflix etc, so doubtful it would make any difference to performance. Only area it might is gaming, but even then the bottleneck is usually with the game companies servers. For example EA servers are generally poor, even for those with super fast speeds.

A couple of years ago we changed from sky satellite tv to a vodaphone broadband package with TV
Was thinking of going back to satellite tv as the system does not seem to be able to download fast enough when I am using youtube and my wife is watching TV .
Broadband TV lags and eventually has to be reset.
Very frustrating.
Suspect we do not have enough broadband width .
I do not have much interest in TV or broadband speeds as long as it does what I want .
I do wonder if this could be a big problem as people are induced into changing from satellite to broadband tv

[850man]

A couple of years ago we changed from sky satellite tv to a vodaphone broadband package with TV
Was thinking of going back to satellite tv as the system does not seem to be able to download fast enough when I am using youtube and my wife is watching TV .
Broadband TV lags and eventually has to be reset.
Very frustrating.
Suspect we do not have enough broadband width .
I do not have much interest in TV or broadband speeds as long as it does what I want .
I do wonder if this could be a big problem as people are induced into changing from satellite to broadband tv
If you have fibre, not fixed wireless and you plug your TV into the router (not wifi connected) will be rock solid, any problems will be with the streaming provider. If your devices are using wi-fi to connect, very likely the cause of your issues. Posting to be helpful BTW

[mikelee]

Judging by how Spark's share price reacted to the news yesterday, it certainly looks promising for Sky.

[Zaphod]

Expect fibre pricing to come down across the board as competition heats up. Our fibre is some of the most expensive in the world, plenty of room for the likes of spark to counter attack. In the UK would be paying less than half what we are at the moment for similar offerings..

Out of interest, which specific providers & associated plans available in foreign countries are you making the comparisons with?

[mistaTea]

A couple of years ago we changed from sky satellite tv to a vodaphone broadband package with TV
Was thinking of going back to satellite tv as the system does not seem to be able to download fast enough when I am using youtube and my wife is watching TV .
Broadband TV lags and eventually has to be reset.
Very frustrating.
Suspect we do not have enough broadband width .
I do not have much interest in TV or broadband speeds as long as it does what I want .
I do wonder if this could be a big problem as people are induced into changing from satellite to broadband tv

I am switching from Vodafone tv to sky box this weekend.

The VTV unit performed just fine from a streaming perspective for me.

But there are a number of things I don’t like about the Vodafone box.

You can’t record all channels for one (due to limitations on streaming rights).

It also does not clearly show you which episodes you have already watched, so you have to try to remember where you got to. Very annoying.

The box does crash inexplicably sometimes. When it runs it is fine from a performance perspective, but when it does crash or freeze you have to unplug and hard reset.

Also you don’t have some of the other cool functions available on a sky box. For example, if you see an advert for a program you can push the green button on the remote to record (or series link if applicable) provided you subscribe to the channel it is on.

Sky Box doesn’t have the ‘sexy’ UI that you get from VTV, AppleTV and apps like Netflix, NEON etc...but the sky box is actually very very good functionally. You can get the best of both worlds with linear and on demand...plus the new Sky GO makes the product even more enticing imo.

I have to call Sky today to amend my installation time - I am going to ask if I can get broadband too.

[LaserEyeKiwi]

Expect fibre pricing to come down across the board as competition heats up. Our fibre is some of the most expensive in the world, plenty of room for the likes of spark to counter attack. In the UK would be paying less than half what we are at the moment for similar offerings.

Other question is do we really need 400mps. Currently on 100 and experience no lag on netflix etc, so doubtful it would make any difference to performance. Only area it might is gaming, but even then the bottleneck is usually with the game companies servers. For example EA servers are generally poor, even for those with super fast speeds.

Not going to happen unfortunately as Chorus effectively controls the cost of Fibre with its wholesale rate. For instance sky has to pay chorus $56 a month for these connections, and only collects $69.70c from the customer (after GST is removed from price). Out of that Sky also has to pay Vocus its cut as the middleman, and also pay for the wifi router and internal administration costs etc. it will take somewhere around 2-3 years for sky to recoup the upfront wifi router cost from anyone taking up this service.

The only big reduction in broadband pricing is coming from Spark & Vodafone "fixed wireless" home broadband plans where they don't have to pay chorus anything as it runs on their own cellular networks. That is where all the rapid price falls are happening and where sky won't be able to compete with (unless they did something massive like buy 2degress).

(To be fair I often hear from UK acquaintances how utter crap the broadband quality is over there - its nothing like our Fibre network)

[mistaTea]

not going to happen unfortunately as Chorus effectively controls the cost of Fibre with its wholesale rate. For instance sky has to pay chorus $56 a month for these connections, and only collects $69.70c form the customer (after GST is removed from price). out of that Sky also has to pay Vocus its cut as the middleman, and also pay for the wifi router and internal administration costs etc. it will take somewhere around 2-3 years for sky to recoup the upfront wifi router cost from anyone taking up this service.

The only big reduction in broadband pricing is coming from Spark & Vodafone "fixed wireless" home broadband plans where they don't have to pay chorus anything as it runs not heir own cellular networks. that is where all the rapid price falls are happening.

You are right about pointing out that Sky is really offering rock bottom prices here once you take into account Chorus and the Vocus cut etc.

But I think you are making some big assumptions about router costs etc and how that impacts sky.

Sky have gone for a model with Vocus that is not capital intensive. We don’t know the details of the agreement, but it certainly looks like much more of a partnership than a straight wholesale deal.

So I expect that Vocus are likely sharing the burden of some of these costs. They would have offered a compelling deal to win Sky’s business from Feenix I think.

We could speculate all day long about the costs etc, but it’s only after we see the financials once Sky have been going for a year or so with broadband that we will get a better picture of the cost profile.

[Zaphod]

Not going to happen unfortunately as Chorus effectively controls the cost of Fibre with its wholesale rate.

Adding to this, wholesale rates applied by other LFC's (e.g. UFF, Enable, NP) are very similar to Chorus, so collectively the rate is controlled by these entities.

[DownTownJr]

I pay $85 a month with Stuff Fibre and also received 2 months free when I signed up for 12 months (maybe it was 1 month)

I will be switching to Sky, but only because I like to buy where I invest. I am interested in what router and booster etc they will be using, as this is a big selling point for me although many do fine with a basic setup and 100mbs down.

Looking forward to seeing how this stacks up for Sky over the years. Happy holder here.

[LaserEyeKiwi]

You are right about pointing out that Sky is really offering rock bottom prices here once you take into account Chorus and the Vocus cut etc.

But I think you are making some big assumptions about router costs etc and how that impacts sky.

Sky have gone for a model with Vocus that is not capital intensive. We don’t know the details of the agreement, but it certainly looks like much more of a partnership than a straight wholesale deal.

So I expect that Vocus are likely sharing the burden of some of these costs. They would have offered a compelling deal to win Sky’s business from Feenix I think.

We could speculate all day long about the costs etc, but it’s only after we see the financials once Sky have been going for a year or so with broadband that we will get a better picture of the cost profile.

Ignoring for the moment the very big benefit of this product (that it will make it much easier to retain skybox subscribers who sign up for this broadband service) - the long term economics do eventually fall in favour of this as a standalone product offering, it will just take a while to positively impact the bottom line.

Lets assume for the moment that Sky gets a great bulk deal on the router and the initial customer acquisition cost is as low as $150, primarily for the router, and Sky clears on average about $10 in margin after costs per month (assuming Vocus is only taking a few dollars and also that there is some take-up of the likely high margin $10 a month sky home phone upgrade as well)

That would mean after 15 months the router cost is recovered, and any further margin generated is a win for sky.

For every 10,000 broadband subscribers sky signs up, they would cost $1.5 million in initial upfront cost, but would generate $100,000 a month in gross margin ($1.2 million per year). The economics don't look good in year one, but they quickly look VERY GOOD in subsequent years for that initial cohort of subscribers.

Eg if Sky added 25,000 a year for 5 years (for ease of explanation we assume they all sign up on day 1 of each year, and no churn)







Annual new subs




Initial sub cost




Total subscribers




Annual margin




Annual profit/loss






Year 1




25,000




$3,750,000




25,000




$3,000,000




-$750,000






Year 2




25,000




$3,750,000




50,000




$6,000,000




$2,250,000






Year 3




25,000




$3,750,000




75,000




$9,000,000




$5,250,000






Year 4




25,000




$3,750,000




100,000




$12,000,000




$8,250,000






Year 5




25,000




$3,750,000




125,000




$15,000,000




$11,250,000





Also it is worth pointing out that Sky does enjoy an advantage over other pure broadband providers in that a lot of the customer service & administration costs are minimal given Sky already has that infrastructure for its existing services.

[850man]

Adding to this, wholesale rates applied by other LFC's (e.g. UFF, Enable, NP) are very similar to Chorus, so collectively the rate is controlled by these entities.

The price Chorus and other LFCs charge for fibre to the likes of Spark, Voda, Sky, etc is regulated by the government, it's not a cartell.

[LaserEyeKiwi]

The price Chorus and other LFCs charge for fibre to the likes of Spark, Voda, Sky, etc is regulated by the government, it's not a cartell.

Actually I suppose it is possible sky is getting a cheaper rate from Chorus (via vocus), as the commerce commission only regulates the maximum price that chorus (and other fibre providers) can charge - and so it is possible Vocus gets a better deal.

[Ogg]

What's with all these posts on here. This isn't geekzone.

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

https://www.geekzone.co.nz/forums.asp?forumid=49&topicid=283989

[100101]

Dunno, Have been with 2 degrees for a few years and they were very intransigent at the end of our contract so signed up to Skinny 100mb unlimited for $65 bucks a month + a bit more off for the mobile.

100mb has been absolutly fine for us as we dont do gaming.

Wonder if sky will come down to a realistic price?

[Zaphod]

The price Chorus and other LFCs charge for fibre to the likes of Spark, Voda, Sky, etc is regulated by the government, it's not a cartell.

No, the exact price charged isn't regulated by the government, it's a price cap. The other LFC's are free to charge less if they desire.

[100101]

Come to that its possible all the big players get a better deal.

[Ogg]

Takeover alert #94746

https://i.imgur.com/gqZCeiP.gifhttps://i.imgur.com/gqZCeiP.gifhttps://i.imgur.com/gqZCeiP.gif


https://i.imgur.com/Nc2SfWE.jpg

https://i.imgur.com/IUB28Az.jpghttps://i.imgur.com/IUB28Az.jpghttps://i.imgur.com/IUB28Az.jpg

I'm hoping it's not another Fish and Chip shop...


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

[mistaTea]

Takeover alert #94746

https://i.imgur.com/gqZCeiP.gifhttps://i.imgur.com/gqZCeiP.gifhttps://i.imgur.com/gqZCeiP.gif


https://i.imgur.com/Nc2SfWE.jpg

https://i.imgur.com/IUB28Az.jpghttps://i.imgur.com/IUB28Az.jpghttps://i.imgur.com/IUB28Az.jpg

I'm hoping it's not another Fish and Chip shop...


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

Maybe your pals at Discovery want to buy these guys...

https://www.nzherald.co.nz/business/2degrees-owner-considers-nzx-asx-listing/ENEXUFNCYU44BFXDC3KYKJNC7M/

[fish]

If you have fibre, not fixed wireless and you plug your TV into the router (not wifi connected) will be rock solid, any problems will be with the streaming provider. If your devices are using wi-fi to connect, very likely the cause of your issues. Posting to be helpful BTW

Thanks for the helpful diagnosis of the problem .Unfortunately solid walls separate my router from the TV so have just ordered a skybox .

[Zaphod]

Thanks for the helpful diagnosis of the problem .Unfortunately solid walls separate my router from the TV so have just ordered a skybox .

You can also use powerline adapters, which allow ethernet to be extended via the internal power cabling. YMMV depending upon the quality of adapters and the internal power cabling.

[Ogg]

Maybe your pals at Discovery want to buy these guys...

https://www.nzherald.co.nz/business/2degrees-owner-considers-nzx-asx-listing/ENEXUFNCYU44BFXDC3KYKJNC7M/

O great, another listing.

https://i.imgur.com/lM5elYF.gif

Let's all list and not merge

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

[Alpha]

https://www.nzherald.co.nz/business/warehouse-groups-balance-sheet-ready-for-acquisitions-says-ceo-nick-grayston/FHWXGUHLC5ZQYOIVJWZCRF6GKE/


Here you go Ogg they even have mobile.

[mistaTea]

https://www.nbr.co.nz/story/two-degrees-ipo-would-be-icing-cake-0

Hehehe.

Fools actually think 2Degrees will list. Obviously Sky will buy them before that happens!!! :t_up:

[Ogg]

https://www.nzherald.co.nz/business/warehouse-groups-balance-sheet-ready-for-acquisitions-says-ceo-nick-grayston/FHWXGUHLC5ZQYOIVJWZCRF6GKE/

Here you go Ogg they even have mobile.

Sky, Vocus, 2degrees, Trustpower, and the Warehouse.

MEGA MERGER!

https://i.ytimg.com/vi/8jhsNcUWu3A/mqdefault.jpg

[Chinesekiwi]

Hi all - first time to comment on this thread.

I hold a reasonable parcel of these shares - but haven't followed comments here closely.

Just a thought - and may reflect my lack of general knowledge or interest in things IT or technical.

We just purchased Sky streaming for a month. I want to watch English, Japanese and Super Rugby, my boyfriend watches a lot of badminton via the BWF tournaments.

With streaming you can use one device at a time. Sadly our two sports have crossed over live (and even if they didn't we've each wanted to watch replays at the same time of our respective sports)

So the question I put to SKY (they survey you a few days after your month subscription kicks in) was is there a way to allow more than one streaming at the same address at the same time? (or same ISP or whatever).

Haven't received nor do I expect to receive any response. Companies are good at hitting you with endless 'what do you think' surveys but I've never seen action taken or a meaningful conversation be entered into - box tick box tick - rinse and repeat....

I suggested we'd pay an additional fee for a second device for the month say $9.99.

Any thoughts or comments?

[Ogg]

Hi all - first time to comment on this thread.

I hold a reasonable parcel of these shares - but haven't followed comments here closely.

Just a thought - and may reflect my lack of general knowledge or interest in things IT or technical.

We just purchased Sky streaming for a month. I want to watch English, Japanese and Super Rugby, my boyfriend watches a lot of badminton via the BWF tournaments.

With streaming you can use one device at a time. Sadly our two sports have crossed over live (and even if they didn't we've each wanted to watch replays at the same time of our respective sports)

So the question I put to SKY (they survey you a few days after your month subscription kicks in) was is there a way to allow more than one streaming at the same address at the same time? (or same ISP or whatever).

Haven't received nor do I expect to receive any response. Companies are good at hitting you with endless 'what do you think' surveys but I've never seen action taken or a meaningful conversation be entered into - box tick box tick - rinse and repeat....

I suggested we'd pay an additional fee for a second device for the month say $9.99.

Any thoughts or comments?

mistaTea right now.

https://media.tenor.com/images/dc6c19b2bc1a3ca17d3b22f4ea0349ad/tenor.gif

https://i.imgur.com/PMewXmq.gif
https://imgur.com/04d7xUK

[mistaTea]

mistaTea right now.

https://media.tenor.com/images/dc6c19b2bc1a3ca17d3b22f4ea0349ad/tenor.gif

https://i.imgur.com/PMewXmq.gif
https://imgur.com/04d7xUK


Haha, on the contrary. Chinesekiwi raises a good point, and I have no easy answers.

Obviously Sky want to restrict the ability for people to share log in credentials with other households for Sky Sport NOW. Hence only one stream at a time.

But that does cause issues for legitimate use whereby two people in a single household want to watch different sporting codes that are on at the same time.

[Zaphod]

Hi all - first time to comment on this thread.

I hold a reasonable parcel of these shares - but haven't followed comments here closely.

Just a thought - and may reflect my lack of general knowledge or interest in things IT or technical.

We just purchased Sky streaming for a month. I want to watch English, Japanese and Super Rugby, my boyfriend watches a lot of badminton via the BWF tournaments.

With streaming you can use one device at a time. Sadly our two sports have crossed over live (and even if they didn't we've each wanted to watch replays at the same time of our respective sports)

So the question I put to SKY (they survey you a few days after your month subscription kicks in) was is there a way to allow more than one streaming at the same address at the same time? (or same ISP or whatever).

Haven't received nor do I expect to receive any response. Companies are good at hitting you with endless 'what do you think' surveys but I've never seen action taken or a meaningful conversation be entered into - box tick box tick - rinse and repeat....

I suggested we'd pay an additional fee for a second device for the month say $9.99.

Any thoughts or comments?

Sky allow up to 5 (I think) devices to be registered with their Neon service, and two streams can be watched simultaneously. Sky Sport Now (which is presumably what you've subscribed to) does allow multiple devices to be registered, but you cannot stream to more than one device simultaneously. This is most likely to be the result of licencing, rather than technical issue so it could be difficult to resolve. Having said that, I'm sure an additional fee as you've suggested for the rights holders would make the problem go away.

[mistaTea]

Thanks for the helpful diagnosis of the problem .Unfortunately solid walls separate my router from the TV so have just ordered a skybox .

Another annoying thing about VTV...

I have found that, on a number of occasions, an episode in a series will be missing.

I have alerted the ninjas on the Vodafone community page in the past and they have been like “oops, we will go and grab it” and they have manually fixed it. Must be an issue with the file transfer system they are using.

I am currently watching a series that is missing episode 6, yet it is available on Sky.

You just don’t get the missing episode issue with a Sky Box. Hence me switch.

[mistaTea]

https://www.nzx.com/announcements/369761

Interesting - when I chatted to the rep in the Call Centre yesterday to change my Sky Box installation time, she mentioned she works from home most of the time and was only in the office because there was some mandatory training they had to do as a team.

With the redundancies, and flexible working...it does seem that their current office space is overkill.

When I went for a visit I was struck by what a sprawling estate it is.

They can use the proceeds to help fund a share buyback :t_up:

[mistaTea]

Any property gurus have an indication as to how much $/sqm Sky could expect for the office space?

26,500 sqm total area with 9300 sqm lettable area.

[silu]

The new CEO is certainly doing the things that should make SKT more nimble. If only the market will wake up to the fact that this is undervalued.

[Quantitative Easing]

https://www.nzx.com/announcements/369761

Interesting - when I chatted to the rep in the Call Centre yesterday to change my Sky Box installation time, she mentioned she works from home most of the time and was only in the office because there was some mandatory training they had to do as a team.

With the redundancies, and flexible working...it does seem that their current office space is overkill.

When I went for a visit I was struck by what a sprawling estate it is.

They can use the proceeds to help fund a share buyback :t_up:

It's a shame it's heavy industry zone in the unitary plan, right next to mix housing suburban. Wonder if it's worthwhile to put an application in for a zone change and then probably can sell it for much much more.
12390

[Habits]

It's a shame it's heavy industry zone in the unitary plan, right next to mix housing suburban. Wonder if it's worthwhile to put an application in for a zone change and then probably can sell it for much much more.
12390

Reverse sensitivity could be an issue. Huge site could be worth giving it a try with the current demand

[LaserEyeKiwi]

It's a shame it's heavy industry zone in the unitary plan, right next to mix housing suburban. Wonder if it's worthwhile to put an application in for a zone change and then probably can sell it for much much more.
12390

I'm sure a potential buyer will think the same, maybe Kainga Ora (Housing NZ) might be a buyer of such a large space in a relatively central area of Auckland as well (knowing in advance they can get zoning changed)

[Quantitative Easing]

I'm sure a potential buyer will think the same, maybe Kainga Ora (Housing NZ) might be a buyer of such a large space in a relatively central area of Auckland as well (knowing in advance they can get zoning changed)


Yup can easily get $20M if zoned for mixed house suburban or $30m+ if somehow they can get it to be a THAB zone citing it can be used as a special housing area. These days the government/council loves developers but hates investors. Worth a crack.

[Habits]

Yup can easily get $20M if zoned for mixed house suburban or $30m+ if somehow they can get it to be a THAB zone citing it can be used as a special housing area. These days the government/council loves developers but hates investors. Worth a crack.

What is the land size, sorry OT

[mistaTea]

What is the land size, sorry OT

Total land size is 26,500sqm.

Lettable area across the two buildings is 9,300sqm.

[LaserEyeKiwi]

I guess they are quite big commercial buildings, presumably in good condition, so probably best evaluating them on that basis first.

[Quantitative Easing]

Total land size is 26,500sqm.

Lettable area across the two buildings is 9,300sqm.

Maybe Kainga Ora will buy it with their $2B slush fund. If that happens it's a signal for everyone else to sell up in the area lol.

[Quantitative Easing]

Or maybe another kiwibuild development. That area is close to ellerslie and would sell like hot cakes to young first home buyers.

[Habits]

Total land size is 26,500sqm.

Lettable area across the two buildings is 9,300sqm.

Right! 20 to 30 million would be cheap or even a steal... let me in there :t_up:

[mistaTea]

Right! 20 to 30 million would be cheap or even a steal... let me in there :t_up:

Yeah, I don't know much about commercial property and/or potential for residential opportunities in this case...

But $30M for land that size would be a bit light no?

[LaserEyeKiwi]

Looking at sqm cost of recent commercial building sales in Mt wellington - looks like $20 million easy, probably closer to $30 million.

https://www.interest.co.nz/property/commercial-property-sales?classification=-&region=Auckland&district=Auckland%20City&area=Mount%20Wellington&agency=-

[Alpha]

Selling up to residential for additional Sky subs lol.

A while ago Ogg mentioned "others" had purchased real estate near by if I am not correct. Does this mean either Sky already has a buyer for the property or are the 900 odd staff "collaborating in new ways" going to be relocated and wearing a new uniform to work in a few months?

So when I say buyer what I mean is really is Sky already being brought out. Who cares about the sale of property and thankfully we do not need comcoms permission to sell.

To me it serious does look like they are preparing for this buy out

[Habits]

Looking at sqm cost of recent commercial building sales in Mt wellington - looks like $20 million easy, probably closer to $30 million.

https://www.interest.co.nz/property/commercial-property-sales?classification=-&region=Auckland&district=Auckland%20City&area=Mount%20Wellington&agency=-

150 per sqm for office space yields 1.4m per ann or 4.65 percent on 30m market value... who needs zone change if selling for 30m with a sitting tenant

[LaserEyeKiwi]

150 per sqm for office space yields 1.4m per ann or 4.65 percent on 30m market value... who needs zone change if selling for 30m with a sitting tenant

I don't think it will have a tenant though - SKY are saying these a surplus to requirements.

[mistaTea]

The main building (which they are keeping) had a CV of $15.5M back in 2017.

https://www.qv.co.nz/property-search/property-details/262189/

The two buildings combined have a bigger land area and more office space.

CV values aren't much to go by (they usually understate how much a buyer would actually pay to acquire the asset, often significantly so).

But I would think $30M is a bit light for what is on offer.

[Habits]

The main building (which they are keeping) had a CV of $15.5M back in 2017.

https://www.qv.co.nz/property-search/property-details/262189/

The two buildings combined have a bigger land area and more office space.

CV values aren't much to go by (they usually understate how much a buyer would actually pay to acquire the asset, often significantly so).

But I would think $30M is a bit light for what is on offer.

I would be pissed off if they sold it without getting best use/highest value which in my mind would be residential use. Adjoining resiidential it is completely logical. Res zone land in outer central suburbs is achieving 2500 per sqm so 30m is totally underselling i believe. The agents will tell them what they want to hear now and then cut them down

[mistaTea]

To me it serious does look like they are preparing for this buy out

Don't say things like that mate.

You know how Ogg gets when the topic turns to takeover talk...


https://www.youtube.com/watch?v=szkgylvDYA4

[Ogg]

Remember folks, Mediaworks sold off their building months before being taken over.

https://www.stuff.co.nz/business/industries/116945300/channel-three-owner-mediaworks-puts-25-million-worth-of-property-on-the-market

I didn't even know Sky owned any property. This stock just keeps on giving.

https://i.imgur.com/aV6XY42.jpg

[Alpha]

Remember folks, Mediaworks sold off their building months before being taken over.

https://www.stuff.co.nz/business/industries/116945300/channel-three-owner-mediaworks-puts-25-million-worth-of-property-on-the-market

I didn't even know Sky owned any property. This stock just keeps on giving.

https://i.imgur.com/aV6XY42.jpg


The stock that gifs but does not give. GIVE me my dam Dividend or better do the buy back. Or better do something other than drop or not move. When is this thing going ot rally after we here the numbers from Rugby, broadband.

They still havent answered me re static but search on Geekzone found the answer.

Sky common please I am becoming impatient. LOL

[mistaTea]

Remember folks, Mediaworks sold off their building months before being taken over.

https://www.stuff.co.nz/business/industries/116945300/channel-three-owner-mediaworks-puts-25-million-worth-of-property-on-the-market

I didn't even know Sky owned any property. This stock just keeps on giving.

https://i.imgur.com/aV6XY42.jpg

Well, they are definitely getting rid of unnecessary assets to make the business more sustainable (and you could argue more attractive to a suitor).

[Ogg]

GIVE me my dam Dividend or better do the buy back

Paying tax on dividends and holding this stock long term.


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

[mistaTea]

In a few days the company will have no debt.

After these properties are sold, the proceeds + additional FCF from operations will probably have the company holding anywhere between $70M-$90M cash.

And the Market says the business is only worth $310M. As Ogg would say "just Cage, lol".

If you deduct the cash component it means the actual business is only worth $220M-$240M. When adjusted EBITDA (adjusted for IFRS16) is still ~$120M.


https://youtu.be/-Phw84ZFHRg

[Ogg]

In a few days the company will have no debt.

After these properties are sold, the proceeds + additional FCF from operations will probably have the company holding anywhere between $70M-$90M cash.

And the Market says the business is only worth $310M. As Ogg would say "just Cage, lol".

If you deduct the cash component it means the actual business is only worth $220M-$240M. When adjusted EBITDA (adjusted for IFRS16) is still ~$120M.



"Nobody cares what you think babe."

[Quantitative Easing]

"Nobody cares what you think babe."

https://www.youtube.com/watch?v=ks3R1gYEUAY

[mistaTea]

https://www.optus.com.au/about/media-centre/media-releases/2020/07/optus_set_to_launch_game_changing_new_satellite_in _2023

"Optus will be the first satellite operator in Asia Pacific to launch a software-defined satellite that can provide both flexible concurrent broadcast and broadband services via a very high throughput satellite (VHTS) design."

The Vocus deal is just a stop-gap until the new Optus 11 satellite launches in 2023.


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

[airedale]

That press release was put out on 02/07/20. Mister T, have you had that up your sleeve since then or is there a deep throat within Sky waiting for the right time to speak.:confused:

[mistaTea]

That press release was put out on 02/07/20. Mister T, have you had that up your sleeve since then or is there a deep throat within Sky waiting for the right time to speak.:confused:

I was chatting to the Sky technician today while he was putting the finishing touches on my sky box. Turns out he is a shareholder too!

Anyway, he was yabbering away about the potential for Sky to provide internet via satellite.

Now, I know that the current satellites we use don’t have that capability. But I wasn’t sure about the new ones that formed a key part of the recent negotiation between Sky and Optus.

I do remember reading the market release at the time, but my takeaway was what Sky had negotiated a superior pricing arrangement and that the new satellites could broadcast in 4K.

I missed the fact that these new satellites will be broadband capable!

The new Sky deal with Optus was contingent on the new Optus 11 satellite going up in 2023.

If Sky are indeed planning to launch broadband via satellite...well, this changes everything...

[LaserEyeKiwi]

I was chatting to the Sky technician today while he was putting the finishing touches on my sky box. Turns out he is a shareholder too!

Anyway, he was yabbering away about the potential for Sky to provide internet via satellite.

Now, I know that the current satellites we use don’t have that capability. But I wasn’t sure about the new ones that formed a key part of the recent negotiation between Sky and Optus.

I do remember reading the market release at the time, but my takeaway was what Sky had negotiated a superior pricing arrangement and that the new satellites could broadcast in 4K.

I missed the fact that these new satellites will be broadband capable!

The new Sky deal with Optus was contingent on the new Optus 11 satellite going up in 2023.

If Sky are indeed planning to launch broadband via satellite...well, this changes everything...

No, this isn't possible with the satellite that sky will be leasing space on. A massive constellation of low earth orbit satellites is required for proper highspeed two way satellite internet service - and that is exactly what spaceX starlink system which is in beta in NZ already. Amazon will also be offering something similar via its Kupier division, while OneWeb & Lightspeed are two other less impressive satellite network offerings in development.

[mistaTea]

No, this isn't possible with the satellite that sky will be leasing space on. A massive constellation of low earth orbit satellites is required for proper highspeed two way satellite internet service - and that is exactly what spaceX starlink system which is in beta in NZ already. Amazon will also be offering something similar via its Kupier division, while OneWeb & Lightspeed are two other less impressive satellite network offerings in development.

So why does Optus claim that the new satellite is broadband capable then?

[Ogg]

So why does Optus claim that the new satellite is broadband capable then?

The current satellite provides broadband.

The new satellite just has higher bandwidth. Apparently it's 500 Gbps, so you could have 100,000 broadband customers on it streaming HD.

These are the current prices:

https://www.farmside.co.nz/satellite-broadband-offer

Maybe the new satellite would cut the price in half but you would still have a data cap and less than 20mpbs.

The Starlink System is what you really want as that would provided uncapped data and max speed. But with anything with Musk it takes twice as long and costs double the price.

The reality is that satellite broadband is a meme - at least until 2030 anyway.

But I really don't know. This is more of a geekzone thing.

[LaserEyeKiwi]

The current satellite provides broadband.

The new satellite just has higher bandwidth. Apparently it's 500 Gbps, so you could have 100,000 broadband customers on it streaming HD.

These are the current prices:

https://www.farmside.co.nz/satellite-broadband-offer

Maybe the new satellite would cut the price in half but you would still have a data cap and less than 20mpbs.

The Starlink System is what you really want as that would provided uncapped data and max speed. But with anything with Musk it takes twice as long and costs double the price.

The reality is that satellite broadband is a meme - at least until 2030 anyway.

But I really don't know. This is more of a geekzone thing.

Starlink is already operational at 200mbps up/down with unlimited data, and is the same price as the cheapest, slowest farmside palm you linked to above (which at 2mbs up can not be considered fast internet by anyone)

[Ogg]

"operational"

What does that even mean? Fusion power is operational as well.

"Hey Bob, did you hear fusion power is operational."

"Wow, really? That sounds great!"

"Yeah, you can pre order now by paying a $999 deposit"

"Great, I can't wait, sign me up"

20 years later...


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

[LaserEyeKiwi]

What does that even mean? Fusion power is operational as well.

"Hey Bob, did you hear fusion power is operational."

"Wow, really? That sounds great!"

"Yeah, you can pre order now by paying a $999 deposit"

"Great, I can't wait, sign me up"

20 years later...


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

Operational means operational. It has tens of thousands of users getting 200mbps speeds already in the beta program, with 1300 satellites already in orbit.

[mistaTea]

Look guys, sky will soon be offering broadband via the Vocus partnership as well as via satellite to our rural customers.

The sooner you accept that The Hunted will soon become The Hunter the better.

[Ogg]

in the beta program



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

[mistaTea]

Sky UK (Comcast) just got beaten in a major rights bid by DAZN.

https://www.bloomberg.com/news/articles/2021-03-26/tycoon-s-netflix-of-sports-beats-sky-to-3-billion-trophy-deal?utm_source=url_link

[mistaTea]

Wondering if anyone else has had this experience...

So I have been using NEON and Sky Sport NOW (previously FANPASS) since 2017 when I moved into a new fibre-only suburb. Both products stream in HD quality.

I have watched both services using Apple TV (4K) and Vodafone TV. My television is UHD capable.

I had my Sky Box installed on Friday and no longer have the streaming services.
The HD picture quality I am getting with my Sky Box is SIGNIFICANTLY better than I was getting with the streaming services. The difference in definition and picture quality was so much that I was actually shocked.

Has anyone else has this experience? And why would this be the case?

It just seems to me that the Sky Box is a much better product than the streaming services, especially given you get Sky GO and can also log into the Sky TV guide (which makes it easier to find shows and set them to record).

[Ogg]

Wondering if anyone else has had this experience...

So I have been using NEON and Sky Sport NOW (previously FANPASS) since 2017 when I moved into a new fibre-only suburb. Both products stream in HD quality.

I have watched both services using Apple TV (4K) and Vodafone TV. My television is UHD capable.

I had my Sky Box installed on Friday and no longer have the streaming services.
The HD picture quality I am getting with my Sky Box is SIGNIFICANTLY better than I was getting with the streaming services. The difference in definition and picture quality was so much that I was actually shocked.

Has anyone else has this experience? And why would this be the case?

It just seems to me that the Sky Box is a much better product than the streaming services, especially given you get Sky GO and can also log into the Sky TV guide (which makes it easier to find shows and set them to record).

It's all explained on geekzone.

https://www.geekzone.co.nz/forums.asp?forumid=106

The short answer is that with streaming the provider doesn't know what device the end user has, it's configuration, or the internet connection it's running on.

With a Sky box it's the same device, with the same firmware, running through the same medium.

With streaming, the provider sends you the best feed it thinks your system can handle. It's normally not the maximum in order to ensure performance.

This is why old people can't be arsed with streaming and just stick with what works.

[mistaTea]

https://www.geekzone.co.nz/forums.asp?forumid=106&topicid=280087

MikeB4 pretty much sums up my experience with and views on Vodafone TV.

MySky is just fundamentally better. UI might be a little ‘old school’ but the box is feature rich and it just f*cken works.

[RTM]

Wondering if anyone else has had this experience...

So I have been using NEON and Sky Sport NOW (previously FANPASS) since 2017 when I moved into a new fibre-only suburb. Both products stream in HD quality.

I have watched both services using Apple TV (4K) and Vodafone TV. My television is UHD capable.

I had my Sky Box installed on Friday and no longer have the streaming services.
The HD picture quality I am getting with my Sky Box is SIGNIFICANTLY better than I was getting with the streaming services. The difference in definition and picture quality was so much that I was actually shocked.

Has anyone else has this experience? And why would this be the case?

It just seems to me that the Sky Box is a much better product than the streaming services, especially given you get Sky GO and can also log into the Sky TV guide (which makes it easier to find shows and set them to record).

Yes, I've commented previously that Satellite is much better than streaming. Especially for faster moving things like tennis and cricket. Saw the same thing with SPARK and the RWC.

[Ogg]

just f*cken works.

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

[mistaTea]

Yes, I've commented previously that Satellite is much better than streaming. Especially for faster moving things like tennis and cricket. Saw the same thing with SPARK and the RWC.

Yeah my sky Sport NOW annual pass finishes in July. Looking forward to dropping it and adding Sky Sport to my Sky Box sub.

Picture quality is so much better it’s not even funny.

[mistaTea]

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

Bwahahahah, email that to Sophie to consider for the next marketing campaign.

[silu]

Yeah my sky Sport NOW annual pass finishes in July. Looking forward to dropping it and adding Sky Sport to my Sky Box sub.

Picture quality is so much better it’s not even funny.

For me the picture quality on Spark Sport is fantastic. My ISP is Spark too so maybe that's the difference. Sky Sports Now isn't even close in terms of picture quality.

I have contemplated getting back to the Sky Box setup because of inferior quality on SSN.

[Ogg]

Picture quality is so much better it’s not even funny.


https://www.youtube.com/watch?v=OpkatIqkLO8

[airedale]

Technically the Sky box is set and forget. I have had mine for years and it always works. It is $15 a month but with the ability to record and rewind I would not be without it.

[mistaTea]

Technically the Sky box is set and forget. I have had mine for years and it always works. It is $15 a month but with the ability to record and rewind I would not be without it.

Personally, I think they should get rid of the explicit $15/month fee and bundle it in with their content packages as part of the review on fee structure.

They can't just eliminate the $15/month fee right now because it generates so much money.

But, when they re-jig the bundles and pricing structure I think there is a chance to revisit how this fee is charged. The default is that everyone should get MySky (not the basic Sky Box). I mean, in this day and age the ability to record and series link is the MVP.

Let's see what Sophie and the team can do. I personally think it is bs to charge a customer a $15/month rental fee past a certain point.

Imagine you are a customer for 10 years. Over that period of time you would have paid Sky $1800 for a Sky Box that probably costs them $200. Maybe $250.

I remember reading an old Annual Report when John Fellet was describing the depreciation rules for Sky Boxes. The standard Box is written off over 5 years, however he described how MySky can be written off over 4 years because it has more 'moving parts' that add to wear and tear. Of course, in reality, these boxes last damn near forever.

So a 10 year loyal customer pays Sky an extra $1800 for a Box that probably only cost Sky $200 and doesn't even exist on the books past year 4.

Needs a rethink if they are serious about looking after the customer to cement their loyalty.

[steveb]

Personally, I think they should get rid of the explicit $15/month fee and bundle it in with their content packages as part of the review on fee structure.

They can't just eliminate the $15/month fee right now because it generates so much money.

But, when they re-jig the bundles and pricing structure I think there is a chance to revisit how this fee is charged. The default is that everyone should get MySky (not the basic Sky Box). I mean, in this day and age the ability to record and series link is the MVP.

Let's see what Sophie and the team can do. I personally think it is bs to charge a customer a $15/month rental fee past a certain point.

Imagine you are a customer for 10 years. Over that period of time you would have paid Sky $1800 for a Sky Box that probably costs them $200. Maybe $250.

I remember reading an old Annual Report when John Fellet was describing the depreciation rules for Sky Boxes. The standard Box is written off over 5 years, however he described how MySky can be written off over 4 years because it has more 'moving parts' that add to wear and tear. Of course, in reality, these boxes last damn near forever.

So a 10 year loyal customer pays Sky an extra $1800 for a Box that probably only cost Sky $200 and doesn't even exist on the books past year 4.

Needs a rethink if they are serious about looking after the customer to cement their loyalty.

I bought a Freeview box which allows you to record a couple of channels whilst watching another channel also has live pause etc.Cost was $199.00.Perhaps Sky should look at selling their boxes and also look at giving them free with a signed contract for a specific bundle,similar to some broadband providers who offer a free modem with specific plans.

[mistaTea]

I bought a Freeview box which allows you to record a couple of channels whilst watching another channel also has live pause etc.Cost was $199.00.Perhaps Sky should look at selling their boxes and also look at giving them free with a signed contract for a specific bundle, similar to some broadband providers who offer a free modem with specific plans.

Yeah, they used to sell the boxes back in the day but put a stop to that. I think you were able to buy the box and then if your Sky Box ever broke Sky would send you a replacement with no extra charge. When Sky was a monopoly they quickly realised that they could get rid of that option and just charge the $15/month - consumers would have no real alternative than to pay it as this was before the time of OTT SVOD.

As their bundles are priced right now, they can't really do much other than charge the $15 monthly fee. If they gave it for free with a 12 month contract etc it would hit the bottom line too hard.

They do need to scrap the fee, but I think it has to be done as part of their overall bundle review. So the MySky fee ends up being priced in to the new bundles, but done in a way that is still attractive to consumers.

[DownTownJr]

At a guess perhaps the $15 a month fee would be waved/changed as part of a existing bundle when Sky releases their new improved Sky box.

Speaking to friends and family a lot of them would love to jump back into being a Sky sub, but the likes of these $15 fees etc just makes it too costly... And so what if you can record, the likes of Netflix etc already has episodes you want ready to go.

[mistaTea]

At a guess perhaps the $15 a month fee would be waved/changed as part of a existing bundle when Sky releases their new improved Sky box.

Speaking to friends and family a lot of them would love to jump back into being a Sky sub, but the likes of these $15 fees etc just makes it too costly... And so what if you can record, the likes of Netflix etc already has episodes you want ready to go.

The freebies they have for New Business make it all good for the first 12 months imo.

It is after the first year when you are still paying the damn $15/month fee it begins to annoy.

My package of Starter + Entertainment + Movies + SOHO + MySky is about $87/month.

Without the MySky fee it would be about $72/month. Well, maybe they should just structure the bundles in a way that I end up paying $79.99/month without an explicit MySky fee.

$79.99/month ($2.63/day) feels a damn site cheaper than $87/month ($2.86/day) even though it is only actually 23c a day dearer. And all they are doing is effectively reducing the MySky fee and providing a price point that is more attractive to consumers (making it less likely that they will leave after 12 months).

ARPU does drop, but you keep the customer for longer.

To be fair, it does sound "oh so easy" when I am saying they should do this and that...I suspect there are other issues they are grappling with and it is not quite so straightforward. Obviously they need to do the sums and make sure it adds up, but they have to do something here as the current price structure is a deterrent to many would-be Sky Box subs.

[LaserEyeKiwi]

My package of Starter + Entertainment + Movies + SOHO + MySky is about $87/month.
\

The interesting thing is that the "Movies + Soho + MySky" part of that bundle is effectively a NEON subscription at $15 a month ($10 if you are with Spark) which has essentially the same content and the NEON functionality of instant streaming making the MySky recording/series link feature redundant for that content, so you are effectively paying $73 or $78 a month extra the for the "Starter + Entertainment" portion.

I agree with you that MySky should be free.

[mistaTea]

The interesting thing is that the "Movies + Soho + MySky" part of that bundle is effectively a NEON subscription at $15 a month ($10 if you are with Spark) which has essentially the same content and the NEON functionality of instant streaming making the MySky recording/series link feature redundant for that content, so you are effectively paying $73 or $78 a month extra the for the "Starter + Entertainment" portion.

Your reasoning is not quite right I don't think.

SOHO is added for free when you add three bundles or more.

So I am only paying for Movies in addition to Starter + Entertainment. I have to pay the $15/month MySky fee regardless of whether Movies and SOHO is added.

Movies + (free) SOHO = $20.93/month. NEON direct sub = $13.95/month. So I am paying an extra $6.98/month for the full catalogue of movies plus the advantages of being able to record and download to my SkyBox as well as stream via Sky GO. I am also not sure that all of SOHO is on NEON...but could be wrong about that.

I agree that NEON is at a very cheap price point, and many people will form the view that they get more than enough value from that as opposed to adding movies etc to their Sky sub.

The Starter + Entertainment + MySky component ($66.49/month) has a lot more content that is not available on NEON.

Agree NEON is a solid streaming offer, but we need to make sure we are comparing 'apples with apples'.

[Zaphod]

There are a number of series and movies that are not available on NEON, but are available through the core bundles, and vice versa.

[airedale]

This discussion indicates that Sky should simplify and streamline the pricing options. Is anyone from Sky listening or watching?

[mistaTea]

This discussion indicates that Sky should simplify and streamline the pricing options. Is anyone from Sky listening or watching?

Yes, I actually think breaking Sky Basic into Starter + Entertainment was a bad move by Team Fellet.

I think you should have your core 'Sky TV' bundle which has all of the Starter + Entertainment + SOHO channels. You price that at $54.99 on an 18 month contract (like Sky do in the UK). No MySky fee if you add Broadband to your bundle.

Then you have your Sport, Movie and Specialist Channel offerings that can be added in addition. Nice and simple.

[Ogg]

Discovery lost $17 billion in market cap because some hedge fund got margin called....

https://www.cnbc.com/2021/03/29/the-archegos-blowup-and-its-ripple-effect-across-markets.html


https://i.imgur.com/JaKcBu5.gif

[mistaTea]

Bonds get paid off tomorrow...

[Ogg]

Bonds get paid off tomorrow...

Hopefully Blair hasn't run off with all the money and the bonds actually get paid off!

[mistaTea]

Hopefully Blair hasn't run off with all the money and the bonds actually get paid off!

Discovery still making an offer we can't refuse after the bonds are paid off tomorrow Ogg?

[Ogg]

Discovery still making an offer we can't refuse after the bonds are paid off tomorrow Ogg?

Of course!

It's been approved just in time.

https://i.imgur.com/xR35xAk.jpg


Thursday morning I reckon, definitely before midday ;)

[RTM]

Some shenanigans going on with the Discovery share price. Might delay them a wee bit ?

https://nz.finance.yahoo.com/quote/DISCA?p=DISCA&.tsrc=fin-srch

https://nz.finance.yahoo.com/news/archegos-linked-stocks-goldman-weighed-093244916.html

[Ogg]

https://www.stuff.co.nz/sport/rugby/all-blacks/124696408/nz-rugby-ceo-optimistic-465m-deal-with-us-investment-company-can-be-salvaged

I expect a report on this by 2:30pm MisaTea!

[mistaTea]

https://www.stuff.co.nz/sport/rugby/all-blacks/124696408/nz-rugby-ceo-optimistic-465m-deal-with-us-investment-company-can-be-salvaged

I expect a report on this by 2:30pm MisaTea!

The deal will happen because NZR need the money. SL will own a piece of Sky...

[DownTownJr]

I'm a little confused with Silver Lake and their deal with NZR. Overall what impact could this have with Sky both positive and negative? The sporting world is confusing and yet I am a Sky holder lol.

[Ogg]

I'm a little confused with Silver Lake and their deal with NZR. Overall what impact could this have with Sky both positive and negative? The sporting world is confusing and yet I am a Sky holder lol.

Just think of it as NZRU getting partially taken over.

Sky will be fine as long as the same thing happens.

[LaserEyeKiwi]

The deal will happen because NZR need the money. SL will own a piece of Sky...

I thought the deal was effectively a piece of the commercial arm of NZR. So next time that sky bids for the NZR broadcast rights, it will be from this entity that SL will own 15% of. (it would also mean that if SL itself, or a partner of it, wants to bid for the broadcast rights, it will effectively get a 15% discount on any offer)

[mistaTea]

I thought the deal was effectively a piece of the commercial arm of NZR.

Ah yes, that is correct.

SL will want to maximise their return on investment. But NZRU also want to maximise their return (with or without a new business partner). So I am not sure anything changes there.

If a future deal with Sky/RugbyPass maximises the ROI (and also ensure maximum viewership, particularly in NZ where the Provincial areas for a huge base of fans) then this move is no threat to Sky.

If cutting Sky/RP out maximises ROI, and 'everyone' is streaming (or has the capability to stream) then it could well be the end of the road for Sky. Or if Spark Sport is still around and they make an offer that can't be refused, same result.

At this junction I think it is hard to know whether SL buying in is good, bad or indifferent. Time will tell.

If the current RP deals are successful it will be a big tick in the box for Sky though. This platform has a huge amount of potential, and if Sky is able to nurture the product it could change everything for Sky in terms of how big they could become.

[LaserEyeKiwi]

Ah yes, that is correct.

SL will want to maximise their return on investment. But NZRU also want to maximise their return (with or without a new business partner). So I am not sure anything changes there.

If a future deal with Sky/RugbyPass maximises the ROI (and also ensure maximum viewership, particularly in NZ where the Provincial areas for a huge base of fans) then this move is no threat to Sky.

If cutting Sky/RP out maximises ROI, and 'everyone' is streaming (or has the capability to stream) then it could well be the end of the road for Sky. Or if Spark Sport is still around and they make an offer that can't be refused, same result.

At this junction I think it is hard to know whether SL buying in is good, bad or indifferent. Time will tell.

If the current RP deals are successful it will be a big tick in the box for Sky though. This platform has a huge amount of potential, and if Sky is able to nurture the product it could change everything for Sky in terms of how big they could become.

It does open up the possibility of Sky also potentially becoming an investor in this entity, and/or spark or TVNZ.

[mistaTea]

It does open up the possibility of Sky also potentially becoming an investor in this entity, and/or spark or TVNZ.

The new company is valued at an implied value of NZ$3.1B.

Sky won’t be buying Jack sh1t.

[mistaTea]

To celebrate the repayment of the $100M bonds I put in an order for another 60K shares...

[Ogg]

Anyway here actually holding bonds and can confirm they've been repaid?

[RTM]

To celebrate the repayment of the $100M bonds I put in an order for another 60K shares...

Jeeze.....I hope you checked with Mrs T first ?
Do you have a dog kennel ?

[mistaTea]

Anyway here actually holding bonds and can confirm they've been repaid?

You worried Blair really did do a runner mate? :ohmy:

[Ogg]

You worried Blair really did do a runner mate? :ohmy:

It's keeping me up at night! It's 1/3 of the market cap. It should be price sensitive with an NZX announcement confirming payment.

[mistaTea]

It's keeping me up at night! It's 1/3 of the market cap. It should be price sensitive with an NZX announcement confirming payment.

Prob gets paid at the end of the day...

[Dlownz]

https://www.nzx.com/announcements/370054


Just for you guys.

[mistaTea]

https://www.nzx.com/announcements/370054


Just for you guys.

Ogg can rest easy tonight. Balance Sheet is squeaky clean now.

[Ogg]

https://www.nzx.com/announcements/370054


Just for you guys.


https://i.imgur.com/WPGI7QJ.gif

[Alpha]

So what now then. We have no baggage and the hottest chick on the block. Even cheap.

[Ogg]

So what now then.

https://i.imgur.com/WNqOWh2.jpg

[mistaTea]

Jeeze.....I hope you checked with Mrs T first ?
Do you have a dog kennel ?

Nah, I've made a sweet $120 on that trade so far. I'll be sweet!


https://www.youtube.com/watch?v=yB82FNPoiPM

[DownTownJr]

Sale of OSB completed today, fingers crossed we get our Divi or buyback announced towards the end of the year. The books are now clean and looking good.

https://www.nzx.com/announcements/370062

[mistaTea]

Sale of OSB completed today, fingers crossed we get our Divi or buyback announced towards the end of the year. The books are now clean and looking good.

https://www.nzx.com/announcements/370062

Possibility for one more earnings guidance increase soon...

[Alpha]

Possibility for one more earnings guidance increase soon...

If it helps. I am back as a Sky sat sub rather than just Neon. Purchased the starter just so I could get broadband. So put me down for that as well.

I think we may be surprised at how much new people show up based on this broadband offering.

[mistaTea]

Still see new satellite dishes going up in my fibre-only suburb every month.

There is one house in particular I admire - the owner must be a builder and he built a pretty epic fence.
Went for a walk yesterday and what do I find but a new satellite dish installed on his roof.

I like him even better now.

[fish]

Wondering if anyone else has had this experience...
had
So I have been using NEON and Sky Sport NOW (previously FANPASS) since 2017 when I moved into a new fibre-only suburb. Both products stream in HD quality.

I have watched both services using Apple TV (4K) and Vodafone TV. My television is UHD capable.

I had my Sky Box installed on Friday and no longer have the streaming services.
The HD picture quality I am getting with my Sky Box is SIGNIFICANTLY better than I was getting with the streaming services. The difference in definition and picture quality was so much that I was actually shocked.

Has anyone else has this experience? And why would this be the case?

It just seems to me that the Sky Box is a much better product than the streaming services, especially given you get Sky GO and can also log into the Sky TV guide (which makes it easier to find shows and set them to record).

We had Sky Box installed on Friday as well and like you much better picture and for me no freezing as on Vodaphone broadband.
Technician said he is busy re-installing SKY to frustrated Vodaphone TV customers .
I do not own SKY shares but am considering buying-just need to be convinced it is a long term buy and dividend payer.

[mistaTea]

Of course!

It's been approved just in time.

https://i.imgur.com/xR35xAk.jpg


Thursday morning I reckon, definitely before midday ;)

Wow Ogg!

https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/8174934?backurl=H4sIAAAAAAAAAC2LQQpCMQxEb9ONi3%2BC IOLCzUcEvUBoBi3apjbph97eou5m5r1ZKt9hS9RcuaSZDNziY5 9VQOZchJsEHxWE4smnEt4kyaJuaGPHZvDAsnGJkAsXvMhbR%2F ja4zaPRod1%2Ffers3c7Ne31NxtibxMcVZ8JZ86gDzHU5bKTAA AA

When is Richard Southworth from Ponsonby launching the takeover?

[LaserEyeKiwi]

Wow Ogg!

https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/8174934?backurl=H4sIAAAAAAAAAC2LQQpCMQxEb9ONi3%2BC IOLCzUcEvUBoBi3apjbph97eou5m5r1ZKt9hS9RcuaSZDNziY5 9VQOZchJsEHxWE4smnEt4kyaJuaGPHZvDAsnGJkAsXvMhbR%2F ja4zaPRod1%2Ffers3c7Ne31NxtibxMcVZ8JZ86gDzHU5bKTAA AA

When is Richard Southworth from Ponsonby launching the takeover?

if this is an elaborate April fools joke - I am impressed.

[sb9]

Anyone know what's the condition PT stands for as per below trade just gone thro'...



17.5
1,869,300
10:07
PT

[Ogg]

Anyone know what's the condition PT stands for as per below trade just gone thro'...



17.5
1,869,300
10:07
PT




put through trade. Same broker buying selling.

[Ogg]

if this is an elaborate April fools joke - I am impressed.

Of course! Only cost me a few hundred bucks to register the company and pull this prank off.

[Ogg]

Looks like Discovery is getting taken over now

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

B shares are up 80% which comes with 10 votes per share instead of 1.

https://www.cnbc.com/2021/03/31/discoverys-class-b-shares-spike-80percent-in-unusual-move.html

[mistaTea]

Looks like Discovery is getting taken over now

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

B shares are up 80% which comes with 10 votes per share instead of 1.

https://www.cnbc.com/2021/03/31/discoverys-class-b-shares-spike-80percent-in-unusual-move.html


Yeah maybe Sky Network Television are buying Discovery now!!!

[sb9]

put through trade. Same broker buying selling.

Thanks mate

[Habits]

Of course! Only cost me a few hundred bucks to register the company and pull this prank off.

I knew it, I bloody knew it! ... a few days ago when you disclosed the name approval. Cool :t_up:

[mistaTea]

If we crack 18c today MissusTea might need to fish out that special lingerie I got her for just such an occasion...

[3mman]

Looks like the lingerie is back in the draw till next week :):)

[mistaTea]

Looks like the lingerie is back in the draw till next week :):)

Damn, this weekend is going to feel extra long!

[ados_nz]

Thats what she said haaaaaa....

But in all seriousness there has to be a catalyst to set this rocket off. Way undervalued, positive future prospects and to top it all off OGG is registering companies to take it over.

Disc. Still buying

[Alpha]

Thats what she said haaaaaa....

But in all seriousness there has to be a catalyst to set this rocket off. Way undervalued, positive future prospects and to top it all off OGG is registering companies to take it over.

Disc. Still buying


So Ogg or this Richard is a Director for NZ windfarms... Associated with a James Stuart MOULDER (director Genesis) via a separate entity. This movie just keeps getting better.

Ogg feel free to elaborate as you do. Is this a play the Energy theme that we thought we heard Martin mention?

If it was for this treasure hunt I would have potentially left this company long ago.


James Stuart MOULDERJames Stuart MOULDERJames Stuart MOULDERJames Stuart MOULDERJames Stuart MOULDER

[mistaTea]

So Ogg or this Richard is a Director for NZ windfarms... Associated with a James Stuart MOULDER (director Genesis) via a separate entity. This movie just keeps getting better.

Ogg feel free to elaborate as you do. Is this a play the Energy theme that we thought we heard Martin mention?

If it was for this treasure hunt I would have potentially left this company long ago.


James Stuart MOULDERJames Stuart MOULDERJames Stuart MOULDERJames Stuart MOULDERJames Stuart MOULDER

Any more of these bunk takeover theories/rumours and we may have to stop calling him Richard and instead use the shortened version - ‘Dick’

[winner69]

Hope we sack that Wheeler guy - no room for 'racist' comments from our rugby commentators - even if he thought he was being clever

[mistaTea]

Hope we sack that Wheeler guy - no room for 'racist' comments from our rugby commentators - even if he thought he was being clever

I couldn’t believe what I was watching/hearing when he did that!

It was a very foolish joke to make. No doubt he is being reprimanded as we speak.

Should the man lose his job and have his career ended over an idiotic comment? Not so sure about that. He was an absolute twit for saying that but I don’t think we need to ruin the guy over it either.

[Dlownz]

I couldn’t believe what I was watching/hearing when he did that!

It was a very foolish joke to make. No doubt he is being reprimanded as we speak.

Should the man lose his job and have his career ended over an idiotic comment? Not so sure about that. He was an absolute twit for saying that but I don’t think we need to ruin the guy over it either.

He was a silly boy saying something like that in this environment where everyone wants someone's head for saying something stupid. I don't think it should cost him his job.

[nztx]

Gez I'm going to miss Ogg's images & vids here when some takeover or another happens .. ;)

What fell out of the bottom of the Food Bag vids just wont seem to cut it the same way .. ;)

[mistaTea]

Happy Easter all.

Like Jesus, may Sky TV now rise from the dead!

[jimdog31]

Gez I'm going to miss Ogg's images & vids here when some takeover or another happens .. ;)

What fell out of the bottom of the Food Bag vids just wont seem to cut it the same way .. ;)

dont worry he will just post on pushpay more often , aye ogg?

[LEMON]

https://www.nzx.com/announcements/370169

[Snow Leopard]

https://www.nzx.com/announcements/370169

I see that includes the Bourne movies series. I am sure I posted before (but the site search is busted so I can not prove it) about what a winner this is.
I raise my valuation a cent on the back of Bourne movies alone.

Disc: The true Bourne movie series does not include 'The Bourne Legacy' which was Matt-less and not very good.

[LaserEyeKiwi]

https://www.nzx.com/announcements/370169

Good. (although missed opportunity to add MSNBC to the lineup.)

[Ogg]

dont worry he will just post on pushpay more often , aye ogg?

ABP. Always be posting.


https://www.nzx.com/announcements/370169

These multi-year deals are so lame. Not even price sensitive. Just buy the company!

https://i.imgur.com/n5fA56B.gif

[LaserEyeKiwi]

ABP. Always be posting.



These multi-year deals are so lame. Not even price sensitive. Just buy the company!

https://i.imgur.com/n5fA56B.gif

Content is critical for Sky, having closed these new multi-year deals with ViacomCBS & NBCuniversal validates Skys entertainment offerings (including Neon) as minimum viable quality offerings for at least a few more years. If they manage to somehow secure a new deal with WarnerMedia (WB/HBO) that would be amazing, but not holding my breath on that one.

[Ogg]

Content is critical for Sky, having closed these new multi-year deals with ViacomCBS & NBCuniversal validates Skys entertainment offerings (including Neon) as minimum viable quality offerings for at least a few more years. If they manage to somehow secure a new deal with WarnerMedia (WB/HBO) that would be amazing, but not holding my breath on that one.

My worse nightmare: Sky paying dividends and me having to pay tax on them.

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

[mistaTea]

My worse nightmare: Sky paying dividends and me having to pay tax on them.

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

Not sure that would qualify as my WORST nightmare. My worst nightmare would be waking up one day to find that my knob had fallen off or something.

BUT, I agree that dividends are not a preferable way to return capital to shareholders when the SP is in the toilet! Buybacks please!

[LaserEyeKiwi]

Not sure that would qualify as my WORST nightmare. My worst nightmare would be waking up one day to find that my knob had fallen off or something.

BUT, I agree that dividends are not a preferable way to return capital to shareholders when the SP is in the toilet! Buybacks please!

Part of me wanted Sky to roll over that $100 million debt and embark on a large share buyback program. Could have gobbled up one third of the outstanding share count with that amount.

[Monarch]

I'd much rather see them use the cash to launch "Sky Power" or "Sky Mobile" than buy out all the non-believers.

[Ogg]

Buybacks please!

Doing a buyback less than 12 months after doing a massive placement that cost $10m in fees!

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

Time to call in the strategic advisors so we can put a price on this puppy.

[Ogg]

I'd much rather see them use the cash to launch "Sky Power" or "Sky Mobile" than buy out all the non-believers.

Who are the all believers? You, Mistatea, Blackcrane and a couple of other peps here?

90% of the shareholders have been hit by the bus which is then fallen underwater trapping all the bodies. There's no escape!

Sky is the most hated company in public and on the NZX.

CEO just up and bailed.

There's no insto support.

A takeover is the only way to salvage what's left of the value. There's a good chance a bidding war could happen.

When 2025 rolls around there's going to be mega uncertainty.

Covid is over. Market confidence is back. Time to sell. It will take 12 months to close a deal like this. Time is money! Inflation is creeping up.

[Dlownz]

Another 25mill shares just traded hands.

[Ogg]

Another 25mill shares just traded hands.

I'm getting sick of this mysterious buyer.

Just chuck in another $500m and be done with it.

[Greekwatchdog]

Come on Ogg, admit it its you. Stop teasing..

[Ogg]

Come on Ogg, admit it its you. Stop teasing..

Wasn't a put through.

Looks like the buyer is now shopping around the brokage houses.

Should be a SPH this week.

Hopefully it isn't Sixth Street...

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

[LaserEyeKiwi]

April 19th OZ travel bubble opening confirmation ensures the Aus/NZ super rugby competition that follows Super Rugby Aotearoa goes ahead as scheduled.

[Baa_Baa]

Another 25mill shares just traded hands.

Looks like $4,392,669 in a single trade on market, which is 1.44% of the company shares on issue. That'll be $251,000 profit (or loss) for every 1 cent change in share price! Cool, someone wants in the action, someone wants out of it.

:eek2: gotta get some more of these for the turnaround play of the decade.

[mistaTea]

April 19th OZ travel bubble opening confirmation ensures the Aus/NZ super rugby competition that follows Super Rugby Aotearoa goes ahead as scheduled.

Yes fantastic news for our sport offering. Will be great to see the rivalry after so long.

Will be an important part of the Sky Sport calendar for sure.

[mistaTea]

If they manage to somehow secure a new deal with WarnerMedia (WB/HBO) that would be amazing, but not holding my breath on that one.

From memory, John and the team managed to secure a 5 year exclusive deal with Warner in 2018 (one of the last things before John handed over to Martin). So I wouldn’t expect to hear anything on this front until next year.

I think it is most likely that Sky will get a new deal. Not sure if it will be exclusive or co-exclusive.

Warner could release HBO Max in NZ and cut Sky out altogether, but I still don’t see that the economics stack up.
I think there would be some initial enthusiasm for the app, but how many people want to manage yet another streaming sub?

Let’s see what happens, but the two latest deals show Sky’s ability to get important deals done that still provide them with a compelling entertainment offering. And they have done it in a way that preserves capital.

Cannot stress enough how cost control is one of the most important things right now for Sky. Managements ability to grow revenue while keeping an iron tight grip on cost is more crucial then ever.

[sb9]

Looks like $4,392,669 in a single trade on market, which is 1.44% of the company shares on issue. That'll be $251,000 profit (or loss) for every 1 cent change in share price! Cool, someone wants in the action, someone wants out of it.

:eek2: gotta get some more of these for the turnaround play of the decade.

At this rate, Sophie might well be up for CEO of the year trophy then, if there’s one.

[nztx]

At this rate, Sophie might well be up for CEO of the year trophy then, if there’s one.


but has she worked out yet who the large pussy cat on the edge of bowl lapping up tons of these
actually is & the size of their appetite for SKT ? ;)

[mistaTea]

but has she worked out yet who the large pussy cat on the edge of bowl lapping up tons of these
actually is & the size of their appetite for SKT ? ;)

There was a big trade like this a week or so ago, and then nothing.

Don't get too excited.

[LaserEyeKiwi]

There was a big trade like this a week or so ago, and then nothing.

Don't get too excited.

We all know its OGG trading to himself between two accounts at different brokers, trying to scare up a preemptive takeover offer by a major media company. :)