Rural Broadband not up to it for RWC.
https://www.odt.co.nz/business/rural-broadband-not-cup
Printable View
Rural Broadband not up to it for RWC.
https://www.odt.co.nz/business/rural-broadband-not-cup
I see Morning Star have upgraded them to a buy, with a valuation of $2.50.
I am sure there are a lot of people that would be happy to see the price up around $2.50 again. Thinking that might take a significant reevaluation of their business model, with $0.50 looking more likely on their current share trajectory.
Why is there talk about Morning Star? It's completely irrelevant... when have SPs EVER followed Morning Star's recommendations?
Sky still has cash in the bank, there’s time for an acquisition or a takeover whichever comes first lol
Though SKT's wished for demise by some on here would potentially be good news for SPK shareholders, for the wider population, handing Spark a free hand to charge whatever they want for media wouldn't bode well.
The scary thing is some banks with their house brand Kiwisaver scheme's use these muppets as their research supplier and don't have one of their own.
This probably explains why most house brand bank Kiwsaver funds are extremely poor performers. Just because some junior researcher plugs some assumptions into a DCF model without any real thought does not mean the output is going to be any good ! $2.50 is fantasy land stuff. If they think its a BUY with that target its really a SELL lol
Might be ripe for the likes of Graeme Hart to strip for parts?
Merely making the note. I suspect that Morning Star have the same funding model as the Better Business Bureau after watching when and what they recommend.
Just by way of disclosure, I do not own SKT or SPK. I do get all of my entertainment streamed through either freeview or netflix though.