i cancelled a mth ago they offered us my sky half price to stay - i said no sick of being ripped off so no thanks - took them 15 yrs to offer me something.
anyway price is still overvalued i reckon on forward cashflows
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Will this be a buy consideration at $2.50?
Thank you.
My new mantra: downtrend, blockbuster, netflix, Om.
om
əʊm,ɒm/
noun
[COLOR=#878787 !important][/COLOR]
- a mystic syllable, considered the most sacred mantra in Hinduism and Tibetan Buddhism. It appears at the beginning and end of most Sanskrit recitations, prayers, and texts.
I got back on the horse a while ago just as a little indulgence over the colder months and get basic, movies, Mysky+ and high definition for about $80 a month.
The main channel I watch is CNBC the world's leading business channel. I think ~ $50 a month is a complete rip off for the basic part of the package but I think it just earns it keep for me in terms of keeping me abreast of international business matters.
The movies at ~ $20 a month is probably reasonable but I object to paying another $10 a month for high definition which is really just standard definition these days, Ultra high definition is the new high definition in my opinion. I might spit the dummy with them as we get closer to summer and I get out and about more...
No way I'd own the shares even at $2.50.
My thoughts on how Sky might become a bit more relevant again. Drop the basic package, make Fan Pass a fair price, and allow people to build their own plan online.
They've got good content... a turnaround is possible in the future but need to see some bold moves from the company.
Article: https://www.thestockpickerau.com/sin...-Letter-to-Sky
Johnny boy maybe trying to show the market his own confidence in the company by buying 150k worth of shares. Unfortunately, he's already down on his position by quite a bit. It comes off disingenuous really..