SKT Sky Network Television Limited.

[jimdog31]

Selling at 17.9 on average and buying at 17

Been taking kiltearns share off em.

[jimdog31]

Ah you beat me to it!

ACC see value in the long term play...good endorsement for an entity that already has a lot of skin in the game to double down on their investment...

They are also pro takeover right

[LaserEyeKiwi]

Ah you beat me to it!

ACC see value in the long term play...good endorsement for an entity that already has a lot of skin in the game to double down on their investment...

Indeed - I view ACC investment moves as better "market commentary" than most analyst notes.

[mistaTea]

They are also pro takeover right

ACC are patient, long term value-oriented investors.

They would take a pragmatic view to assessing any 'transaction' that is presented (be it takeover, merger, JV or anything else).

I hope ACC buy more.

[mistaTea]

I bet Ogg's heart skipped a beat when he saw there was a SKT announcement...

Christ he must have felt deflated when it was just about ACC buying a few more shares!

[mistaTea]

I couldn't think of anything more lame then holding this stock long term.

To be fair, I think you would consider holding ANY stock long term as "lame".

[winner69]

ACC are patient, long term value-oriented investors.

They would take a pragmatic view to assessing any 'transaction' that is presented (be it takeover, merger, JV or anything else).

I hope ACC buy more.

In love with ACC are we

They hold some of almost every stock on the NZX ….got to do something with the levies eh.


SKT is 0.4% of their NZ investments ….could say they are ‘overweight’ SKY …that’s good but probably a legacy issue.

Wouldn’t read anything into ACC % increasing …as I said got to do something with the levies.

[mistaTea]

I ….got to do something with the levies eh.

Yes, true...although they wouldn't be putting more of those levies into Sky if they thought the business would be bankrupt in 5 years (which is what Mr Market thinks, given the current quoted value).

[Sideshow Bob]

In love with ACC are we

They hold some of almost every stock on the NZX ….got to do something with the levies eh.


SKT is 0.4% of their NZ investments ….could say they are ‘overweight’ SKY …that’s good but probably a legacy issue.

Wouldn’t read anything into ACC % increasing …as I said got to do something with the levies.

Given that SKT market cap is $288m, and NZ Main Board is $186B, then Sky is approx 0.15490127% of the NZX market Cap.

So ACC is indeed over-weight....

Hold on, I have to go.....there is a train coming!

[mistaTea]

2Degrees full steam ahead for IPO before the year is out.

$1.6B they reckon! For a business with far less FCF than Sky, yet much more positive sentiment towards it.

I like the Sky UK model better anyway. They purchased a broadband service from Telefonica initially in 2013. Three years later they launched Sky Mobile as a MVNO utilising O2's infrastructure. Seems to have worked out for them pretty damn nicely.

Now gee whizz, how on earth might Sky Network Television achieve this exact same outcome? Hmmmmn, anyone?

Oh yes, that's right! Merge with Vocus.

Hey presto! Sky have a broadband network!
Hey presto! Sky can offer mobile as a MVNO using Spark's infrastructure.