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  1. #1021
    Legend Balance's Avatar
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    Quote Originally Posted by Zaphod View Post
    SkyTV v My Box. Some real gems in here to brighten your day!

    https://www.stuff.co.nz/business/ind...fer-from-china

    I wonder if he'll ever see the $10m and if he does receive it, whether he'll start a new massage business with that? Hopefully this time he remembers to pay his staff.
    Chinese firm?

    Yup - sounding like the good old days when it was Japanese or Arab money instead of Chinese!

    Mosney always just around the corner.

  2. #1022
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    That's got me worried. I think my computers contain piracy software. Isn't it called an Internet Browser?

  3. #1023
    Advanced Member Entrep's Avatar
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    Quote Originally Posted by Zaphod View Post
    SkyTV v My Box. Some real gems in here to brighten your day!

    https://www.stuff.co.nz/business/ind...fer-from-china

    I wonder if he'll ever see the $10m and if he does receive it, whether he'll start a new massage business with that? Hopefully this time he remembers to pay his staff.
    How the heck Reddy has even got this far I have no idea. The decision should be a dozee.

  4. #1024
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    Quote Originally Posted by minimoke View Post
    That's got me worried. I think my computers contain piracy software. Isn't it called an Internet Browser?
    While I'm not going to re-enter the circular debate on this, it's worth noting that the issue here is that Reedy has preconfigured the software to enable piracy and is charging for the package. You internet browser isn't pre-configured for that sole task. That's the crux of the argument.

    The guy doesn't do himself any favours though. $10m offer from the Chinese? Really? Entrep and Balance's comments hit the nail squarely with the hammer.

  5. #1025
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    Quote Originally Posted by Balance View Post
    http://www.nzherald.co.nz/business/n...ectid=12011272

    "Sky CEO not losing sleep over Aussie newcomer, Fetch"

    Breathtaking comment from CEO John Fellet indeed! Appointed CEO in 2001, he has presided over the collapse in the share price from nearly $7 to $2.24 - 68% destruction and he is not losing any sleep!

    What a great CEO to have!

    Or a case of someone so long in the tooth he has no idea left anymore?

    Appointing the Snakk merchant Derek Handley as a director ($112,000 a year) in 2013 was a red flag if ever there was one!
    https://www.nzx.com/announcements/315986

    Looks like the Board has finally woken up to the CEO sleeping?

    Fellett has no regrets which is good for him because he will continue to sleep well.

    Shareholders have not been sleeping too well however?

  6. #1026
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    Quote Originally Posted by Balance View Post
    https://www.nzx.com/announcements/315986

    Looks like the Board has finally woken up to the CEO sleeping?

    Fellett has no regrets which is good for him because he will continue to sleep well.

    Shareholders have not been sleeping too well however?
    Too little, too late!

  7. #1027
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    Quote Originally Posted by minimoke View Post
    Too little, too late!
    And the following snippet is very telling and rather disconcerting...

    "John will continue to serve on the SKY Board after the transition is made.”

  8. #1028
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    Quote Originally Posted by blackcap View Post
    And the following snippet is very telling and rather disconcerting...

    "John will continue to serve on the SKY Board after the transition is made.”
    Completely bereft of any accountability and ideas.

    News Corp & Todds sold completely out of Sky TV in 2012 and 2013.

    They knew what was coming when they saw Fellett sleeping soundly?

  9. #1029
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    Looks as if they now plan to move the right way.
    http://www.sharechat.co.nz/article/8...alue-adds.html

  10. #1030
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    Quote Originally Posted by blackcap View Post
    And the following snippet is very telling and rather disconcerting...

    "John will continue to serve on the SKY Board after the transition is made.”
    That will reduce the pool of talent looking at the CEO even further...

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