I was thinking more like 6M to 7M once they start M/A's with the 6M from SPP.
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They were probably laughing about snakking a moose?
What transpired.. I missed it, electrician came home when I was watching the presentation. Had to switch it off. How does it look like?
Did he say how New Zealand is full of knockers and tall poppy cutters with no balance to their statements.
sorry, got a bit sidetracked :)
He just mentioned that there was a lot of chatter and commentary in online forums about the situation with major shareholders selling down and that sort of thing, but the knowing way he said it made it clear to me (and judging by the laughs around the room) that he probably meant this one (along with Moosie's letter no doubt - which I thought was very constructive I might add, so thanks for doing that btw). So I wonder if he reads this thread, or has someone updating him with our views?
The whole event was very nicely done, great media presentations, all very slick as is to be expected from a media company. It will be interesting to see how it all works out in the long run :)
There were a lot of interesting stats on smartscreen media markets, such as it is currently 1% of advertiser's spend at the moment in NZ, but it was only a year or two ago that the same market held 1% in the UK, and it has now jumped to 27%. It seems that is the sort of expectation they have over the coming few years.
hi Moosie, Just got home from the meeting and the presentations. Plenty of food ,beer,wine and a band and lady singer, never been to a meeting with a band playing afterwards. Have you ever heard of a phablet? It is somewhere between a tablet and a smartphone. I took down a couple of notes....... 1.2 m 1st Q,.......but a lot lot more in the 3rd +4th Q , 46% year on year, 20 to 25% of market share, no nzx listing, big holders will eventually be flushed out. I don't know what it all means but it sounded good. Milford had someone there, so you might hear more about it in the paper at some stage.