SKT Sky Network Television Limited.

[mistaTea]

I know how people like nice round figures, so will tell the Board to take NZ$7B with life time subscriptions thrown in.

Hell, if they are REALLY good and lock this up without delay I would even be prepared to give them a 90% Prompt Payment Discount…

[jimdog31]

SOB!!! http://nzx-prod-s7fsd7f98s.s3-websit...704/355428.pdf Just spent $300k on KMD. Cmon man!

[mistaTea]

ORCON IPO

MIRA rebrands Vocus NZ as Orcon Group, banks kick off IPO

https://www.afr.com/street-talk/mira...0210923-p58u1p



Of course if you were following Ogg's post this is old news.

Vocus NZ would have been a value buy at NZ$500M for SNT. But if the range they are working to is $NZ605M-$755M then they would have wanted at least $700M in a private sale.

That is a lot of money to pay for a business that is a distant fourth in the broadband rankings and does not have a mobile network of its own. Would owning such a business generate a minimum of $700M more value than the current wholesale broadband arrangement will generate? That is the question The Board would have considered, and the answer is no.

I am a big fan of the whole VocusNZ-Sky merger idea...but as I say, the price has to be right. Sky will become a telco one day I am sure, but to overpay significantly for any asset does not benefit Sky shareholders.

I like the closer ties we have with Warner. Massive amount of premium content secured, and a deal to collaborate together for Sky NZ Original content.

We will earn plenty of money over the next decade at least.

[mistaTea]

mistaTea's dream of a Sky/Vocus is now road kill!

To be fair, “The Dream” has been dead for months now.

[mistaTea]

I̶n̶f̶r̶a̶t̶i̶l̶
D̶i̶s̶c̶o̶v̶e̶r̶y̶
T̶w̶o̶ ̶D̶e̶g̶r̶e̶e̶s̶
V̶o̶c̶u̶s̶
Comcast

The only deal left on the table, agreed?

Nah, Foxtel has gotta be part of the mix of conspiracy theories.

Creation of a ‘super aggregator’!

[mistaTea]

Foxtel IPO is still on though?

Is it?

Sky should pursue this possibility with them.

The combined entity would have way more bargaining power with the rights holders.

I would be open to it. Would be crazy if the board haven’t at least considered the idea.

Unless and until then though, just keen to see how much we get for the campus (not much by the looks of things) and how the board will return the money to us.

[jimdog31]

I̶n̶f̶r̶a̶t̶i̶l̶
D̶i̶s̶c̶o̶v̶e̶r̶y̶
T̶w̶o̶ ̶D̶e̶g̶r̶e̶e̶s̶
V̶o̶c̶u̶s̶
Comcast

The only deal left on the table, agreed?

NZME merger?

[mistaTea]

NZME merger?

Osmium might like that idea.

[jimdog31]

Osmium might like that idea.

My bet is they more than like it. P/e 101 is bundle companies up to get a higher multiple.

[mistaTea]

My bet is they more than like it. P/e 101 is bundle companies up to get a higher multiple.

So long as the relative values used for a merger make sense, I am open to it.