SKT Sky Network Television Limited.

[mistaTea]

More media speculation today that a US buyer is about to buy MediaWorks for $30-$40M.

Speculated that it is Discovery.

Strong denials from MediaWorks but they have lied in the past.

Surely if a US company was buying this kind of asset in NZ they would also want to nab Sky?

[Ogg]

More media speculation today that a US buyer is about to buy MediaWorks for $30-$40M.

Speculated that it is Discovery.

Strong denials from MediaWorks but they have lied in the past.

Surely if a US company was buying this kind of asset in NZ they would also want to nab Sky?

Just lol

Who the hell started this rumor?

The NZME reports don't provide any evidence - they just say a "source", which to me means it's just hearsay from a few employees.

Discovery would have been interested, as they bought Top TV recently, but I still stand by my previous thesis which is:

TV3 WAS NEVER FOR SALE!

This is the current ownership structure of TV3:

1. ↓TV 3
   
2. ↓Mediaworks TV Ltd
   
3. ↓Mediaworks Investment Ltd
   
4. ↓Tokyo Opportunities B.V.
   
5. ↓Oaktree Capital
   
6. Brookfield Asset Management
   

Why would Brookfields buy up all the debt of Oaktree, only to sell the assets for $30m to Discovery less than 1 year later. Complete wtf to me!



Brookfields own Vodafone NZ. Why not merge the assets together!

[Ogg]

For $30m, Brookfields is better off keeping TV3 and running Vodafone ads all day.

[winner69]

This guys got the right idea what to do with his spare cash ...good on him

I believe that there is growth in Sky shares. Big investors have a lot of money invested otherwise they would be miles away. I have been sinking my $20 weekly spend into Sky at between 14.5 cents and 17 cents. Gather over 3000 share so far.

[Cadalac123]

This guys got the right idea what to do with his spare cash ...good on him

I believe that there is growth in Sky shares. Big investors have a lot of money invested otherwise they would be miles away. I have been sinking my $20 weekly spend into Sky at between 14.5 cents and 17 cents. Gather over 3000 share so far.

Awesome display of support for this value investment

Reminds me of the $3 million AUD shares bought on ASX last minute on friday

[Ogg]

Awesome display of support for this value investment

Reminds me of the $3 million AUD shares bought on ASX last minute on friday

Wow, I missed that. That's a decent parcel.

As it's on the ASX, it must have been Perpetual selling to Blackcrane.

[sb9]

Wow, I missed that. That's a decent parcel.

As it's on the ASX, it must have been Perpetual selling to Blackcrane.

Here it is..

1

65

4:27:14 pm

14

25,730,384

$3,602,253

Late Put Through,Crossed

[Balance]

Here it is..

1

65

4:27:14 pm

14

25,730,384

$3,602,253

Late Put Through,Crossed

Underwriters letting go of stock?

If so, who's buying?

If not underwriters, who is selling?

[Ogg]

Underwriters letting go of stock?

If so, who's buying?

If not underwriters, who is selling?

If it's a cross trade it's probably UBS clients returning borrowed stock and closing out accounts etc, as there is now no longer enough volume to manipulate the share price and make a profit. They're the only ones doing all the dodgy trading with the ISDA agreements. Either that or Blackcrane hoovering up the left overs of the placement as they're with UBS too.

UBS is also advising Mediaworks with the TV3 sale, (*cough, restructure), so they're finger prints are all over this.

My guess is that something big is going to happen in the next couple of weeks with TV3, Sky and Vodafone. I'm betting on a big mega merger with Brooksfields bankrolling everything.

[Getty]

I see in the WHS quarterly ann. that Noel Leeming sales were up 31.6%.
Presumably they weren't all steam irons and washing machines, but big Tv's on which to watch their new SKY subscriptions...