SKT Sky Network Television Limited.

[mistaTea]

Or maybe punters don't want to sell the shares on the cheap?

$7/share is only 1.2B market cap. So not out of the realms of possibility.

An eventual $60M divvy at a 5% yield would do it...

[nztx]

Or maybe punters don't want to sell the shares on the cheap?

$7/share is only 1.2B market cap. So not out of the realms of possibility.

Gee - 70.0 cps pre consolidation .. getting up a bit on previous guesses

[mistaTea]

Gee - 70.0 cps pre consolidation .. getting up a bit on previous guesses

Just think, I am sure Sophie can bring Sky back to its previous highs like it was under John Fellet in short order.

That would be a SP of about $12/share.

missusTea might even bring out the butt plug then...to use on me...

[nztx]

Just think, I am sure Sophie can bring Sky back to its previous highs like it was under John Fellet in short order.

That would be a SP of about $12/share.

missusTea might even bring out the butt plug then...to use on me...

Be good even at the adjusted NZX SIX Dollar 2 years ago, before the carnage .. On that I guess OGG may be off on a permanent
holiday never to be seen here again ?

[Sideshow Bob]

Been reading some of John's old letters to shareholders...man that guy really knew how to write letters that educated you on the business.

Not the stock standard corporate bs you got from Martin and now Sophie. A bunch of words that say "we must do better" and blah blah blah but does not actually leave the reader any wiser as to what is happening with their business.

He reminds me of Buffett in the way he wrote his letters.

I do miss John.

Speaking of Fellet, this was from the Farmers Weekly last week:

From non-existent to connected | Farmers Weekly

[mistaTea]

Speaking of Fellet, this was from the Farmers Weekly last week:

From non-existent to connected | Farmers Weekly

My man! Bring JF back on the board I say.

Hell, I want him to be chairman.

[Quantitative Easing]

The video version of it. We were lucky in Aotearoa|New Zealand to be blessed with John's capability.

[Baa_Baa]

My man! Bring JF back on the board I say.

Hell, I want him to be chairman.

I would sell immediately, and suspect many others would as well, especially the insto's. He had his time, completely misunderstood the changes in media content delivery and presided over a monstrous destruction of shareholder value.

Let it go, he's gone and finally we have a strong strategy, coherent plans and leadership to take us forward.

[sb9]

I would sell immediately, and suspect many others would as well, especially the insto's. He had his time, completely misunderstood the changes in media content delivery and presided over a monstrous destruction of shareholder value.

Let it go, he's gone and finally we have a strong strategy, coherent plans and leadership to take us forward.

I’m in same boat too, he had his time and didn’t really foresee the upcoming changes in business landscape Sky operates in. While being a monopoly it’s easy to take your eye off the ball and that’s exactly what happened under his watch.

[Quantitative Easing]

https://www.stuff.co.nz/business/ind...est-rate-rises

Sky TV shares remained in a trading halt ahead of a share consolidation, with shareholders receiving one Sky TV share for every 10 they hold at 5pm on Thursday. The shares will resume trading at $2.05 on Friday, having closed on Tuesday at 20.5c each.

“That’s probably going to be quite good for them, I would say,” said Hampton. Sky TV was likely to get a bit more interest as it would not seem too cheap in the eyes of some investors, he said. “It doesn't actually affect the value of the company, but New Zealanders like our shares to be the $1 to $30 mark. Mainfreight runs into the opposite problem. “In America, for example, the more expensive the better as far as those investors are concerned and then Australia’s somewhere in-between, they like to see their shares around A$50 to a couple of hundred dollars.”