SKT Sky Network Television Limited.

[mistaTea]

Apparently Vocus NZ was looking at a valuation around $598m and $783m or between 8x and 11x ebitda but Spark is trading at around 9x.

The recent market sentiment meant that the high IPO price was unlikely to be meant, hence why the IPO is over.

Trilogy under the pump with a huge debt load so something needs to be done soon.

This merger makes sense.

Question is weather the new entity gets IPOed or is kept by private equity.

Adding Sky into the mix would be nice. Would boost the EBITA for a refloat and/or would be more attractive to Comcast.

Vocus and 2D should absolutely merge. Definitely a smarter move.

Sky would be the secret sauce that helps them topple Spark as #1.

But we have been here before.

[mistaTea]

Curious mate and not trying to be rude, but do you have a job or does posting about sky pretty much occupy the day?

There is no other way to take that than rude mate.

Pull your head in.

[Joshuatree]

Curious mate and not trying to be rude, but do you have a job or does posting about sky pretty much occupy the day?

Its hard to know if Ogg is a brand of coffee or Mr Tea is a sasquatch or they are two sibling rivalries or one is in too deep and one not deep enough or one is a forced celibate and the other cant get enough and is occasionally rewarded when the s/p moves. All in all it doesnt matter, is very entertaining, with snippets of good analysis mixed in with the ifs and maybes.

[mistaTea]

Its hard to know if Ogg is a brand of coffee or Mr Tea is a sasquatch or they are two sibling rivalries or one is in too deep and one not deep enough or one is a forced celibate and the other cant get enough and is occasionally rewarded when the s/p moves. All in all it doesnt matter, is very entertaining, with snippets of good analysis mixed in with the ifs and maybes.

https://c.tenor.com/UCwrbt-fPpsAAAAC...to-see-you.gif

[Muse]

Its hard to know if Ogg is a brand of coffee or Mr Tea is a sasquatch or they are two sibling rivalries or one is in too deep and one not deep enough or one is a forced celibate and the other cant get enough and is occasionally rewarded when the s/p moves. All in all it doesnt matter, is very entertaining, with snippets of good analysis mixed in with the ifs and maybes.

thanks josh im starting to get the lay of the land a bit better now

[mistaTea]

I'm unemployed and spend 18 hours a day posting on sharetrader.

Cindy doesn’t even make us apply for jobs to keep the dole anymore…

[nztx]

Cindy doesn’t even make us apply for jobs to keep the dole anymore…

Ogg may become a taxpayer again, when SKT spit out a div ..

then he may be considered a full time investor

Let's hope the Socialist Clueless dont decide to pay the same degree of their love to investors
as they have Residential Property Landlords

Mind you commercial LL's are now seeing their share of the Love out of Labour's love affair
with lockdowns & the left's vision of prescribed control syndrome

[Joshuatree]

thanks josh im starting to get the lay of the land a bit better now

Great!!
Now maybe you can help me .What on earth is,nztx on ???! Green chartreuse and rhubarb jargon juice with some marinated poly icecubes ???

[maclir]

Ogg, how you feeling about the merger? Jilted? Watching Bridesmaids?

[LaserEyeKiwi]

Vocus about to pull IPO, 2degrees merger in the frame


https://www.nzherald.co.nz/business/...OOE27VZMCPKC4/

called this a while ago - makes much more sense than either of them buying Sky.