If Ogg was still around on ST, we would've had 100 GIFs by now and some memes as well :D
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If Ogg was still around on ST, we would've had 100 GIFs by now and some memes as well :D
https://www.nzherald.co.nz/business/...CMIHUVC5ZD7LM/
Even Chris Keall is positive...
Based on cash available to them in March, I predict a buyback (or tax-free capital distribution) in the order of $50M-$75M in March, with a $20M Final dividend in October.
Once Chris Keall starts to say positive things about Sky you know that their strategy execution must be going exceedingly well!
Also, from the article...
"The pay-TV broadcaster also says it will enjoy its first profit growth in five years this financial year as streaming gains outweigh the losses in its satellite business for the first time."
Fantastic milestone for the company. Keeping a tight lid on satellite churn while putting the foot down on the accelerator for streaming growth has not reached a tipping point of sorts.
So 56mil for the property. About what everyone here was speculating it would sell for. Buy the rumor sell the news? Keen so see how the SP moves today.
Happy holder of SKT and I don't see any reason to sell right now.
From memory (not sure if this is correct or not), on the books, the property (being sold) was written down to have a value of 10-13 million.
Do they own the property in central Auckland? Could it be worth buying while buildings in town are mildly out of favour?