SKT Sky Network Television Limited.

**mistaTea** · 21-01-2021, 09:52 AM

Originally Posted by Analyst

If anything it promotes the idea of a takeover...

Per Andrews bio off Deloitte's website:
Andrew co-leads our Transactions Services team and brings extensive local and global investment banking and due diligence experience to help clients achieve their goals.

Indeed. Sky hasn’t had a CFO for months.

Maybe they don’t think they will need one for very much longer...

**mistaTea** · 21-01-2021, 10:33 AM

https://www.nzherald.co.nz/business/...ectid=12415513

Some speculation Sky may be taking a look at buying Vocus before any IPO.

**airedale** · 21-01-2021, 10:47 AM

In the meantime, Ogg is working the phones to gauge interest from Comcast, Nine and Foxtel to ensure bidding pushes the price up beyond 60c per share...

Thanks MT, that started my day with smile....even a laugh out loud

**LaserEyeKiwi** · 21-01-2021, 11:15 AM

Originally Posted by mistaTea

https://www.nzherald.co.nz/business/...ectid=12415513

Some speculation Sky may be taking a look at buying Vocus before any IPO.

Not a terrible idea in the near term, as sky reselling someone else's broadband offering is a low margin dead end, eliminating the middle man means more margin for Sky.

However long term broadband via Chorus fibre is going to shrink as wireless & satellite increasingly offer a better and in some cases cheaper solutions.

**Ogg** · 21-01-2021, 11:28 AM

Originally Posted by ados_nz

Come on Ogg.... I don't routinely check this thread every hour to see a weak post like this. I want SPECULATION, HARD DATES, TAKEOVER OFFERS and most importantly MOAR CAGE!

*confident HY results will be positive 

I'm swamped at work at the moment, so no time for conspiracy theories.

But the recent announcement of Andrew Hirst as temp CFO looks good. This guy specialises in "transactions". Surely something is brewing behind the scenes here.

Just lol if Sky does buy Vocus. Seriously, that would be it for me. I don't think Sophie is this dumb tho. More of a "Martin" idea.

Something has to happen soon. Once the $100m bonds are paid off and greenlight for ComCom is given, it should be all go!

No need to make "conspiracy theories" up, when you know sh*t is about to go down.

Sharesis users should be piling in soon. I'm watching the forum. No posts yet, but one will pop up soon.

**mistaTea** · 21-01-2021, 12:17 PM

Originally Posted by Ogg

I'm swamped at work at the moment, so no time for conspiracy theories.

But the recent announcement of Andrew Hirst as temp CFO looks good. This guy specialises in "transactions". Surely something is brewing behind the scenes here.

Just lol if Sky does buy Vocus. Seriously, that would be it for me. I don't think Sophie is this dumb tho. More of a "Martin" idea.

Something has to happen soon. Once the $100m bonds are paid off and greenlight for ComCom is given, it should be all go!

No need to make "conspiracy theories" up, when you know sh*t is about to go down.

Sharesis users should be piling in soon. I'm watching the forum. No posts yet, but one will pop up soon.

Why would it be a terribly idea to buy Vocus? Obviously it Sky overpaid it would be wealth destructive to shareholders.

But price aside, owning the telco assets would be good. They would immediately be a serious player in the broadband market plus mobile etc.

**Ogg** · 21-01-2021, 12:23 PM

Originally Posted by mistaTea

Why would it be a terribly idea to buy Vocus? Obviously it Sky overpaid it would be wealth destructive to shareholders.

But price aside, owning the telco assets would be good. They would immediately be a serious player in the broadband market plus mobile etc.

We already have one dying business, we don't need two.

Just need to sell what we have for maximum value, which is what Vocus Australia is doing.

**mistaTea** · 21-01-2021, 12:38 PM

Originally Posted by Ogg

We already have one dying business, we don't need two.

Just need to sell what we have for maximum value, which is what Vocus Australia is doing.

Instead of buying another ‘dying business’ we should expect someone else to pay us handsomely for our existing ‘dying business’?

Thank Christ you are nowhere near the Sky TV Executive team!

**Ogg** · 21-01-2021, 12:47 PM

Originally Posted by mistaTea

Instead of buying another ‘dying business’ we should expect someone else to pay us handsomely for our existing ‘dying business’?

Thank Christ you are nowhere near the Sky TV Executive team!

There's a market for rotting corpses.

Google bought Motorola for $12.5B, sold it for $2.9B, and called the deal ‘a success’

https://bgr.com/2014/02/13/google-mo...erview-lenovo/