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  1. #10611
    Legend Balance's Avatar
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    Quote Originally Posted by Ogg View Post
    Stop stealing my posts © ® ™
    Sorry - thought it had not been posted before.

  2. #10612
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    This is my idea for the best case scenario...

    Colliers manage to get Sky $2.25K/sqm which would be about $95M. I know some will think that is overly optimistic...and maybe it is, this is SKT after all! But let's just imagine a best case where they can actually get a price/sqm that is close enough to what other properties seem to be able to get at the moment...

    And let's just say that after all fees and costs etc Sky have $90M.

    Well, they could do a tax free distribution of $75M of that to shareholders by way of capital return. For every 7 shares owned, cancel 1 and pay sharholders $3/share. This is what I have mentioned before, and the more I think about it the more I think I would prefer this to an on market buyback.

    Sky further reduce s/o to 150M while also effectively giving long suffering shareholders a tax free dividend.

    In this scenario they would also keep $15M...which would give them a cash balance of $50M+. No debt, so balance sheet is still strong.


    And if you think the worst case scenario is that they walk away with only $50M for the campus then you can rework the above figures...but the approach/principe remains the same.
    Last edited by mistaTea; 19-10-2021 at 01:30 PM.

  3. #10613
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    Quote Originally Posted by Ogg View Post
    Sky should use the money and give 150,000 customers free broadband for 12 months.

    This would jump Sky to number 3 provider and ironically give then a higher EBITA valuation which would more than offset the $90m loss.
    Yeah...I'll take the cash thanks

  4. #10614
    IMO
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    Or The Antivax games, a great way to eliminate them, give them there 5 seconds of fame and then"Kapow", "Blam" ."Aargh"

  5. #10615
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    If they do the buyback/CR as per my description...

    Then they can start a dividend next year. Even if the dividend starts out at $30M p/a that would be 20c/share. The SP would probably sit somewhere between $2.50 - $3.50 depending on assumptions for yield and the market's expectations around growth.

    SP could even hit $4 ($600M market cap) if the growth story got more traction.

    THEN Sky is in a much strong position when it comes to exploring any M&A transactions.

    mistaTea got it allllll figured out! Don't you worry!

  6. #10616
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    All the ideas are great! Do mista tea's share cancel/buy back along with ogg's 150,000 free WiFi plans. My quick math makes that a bargain at 15mill. Assuming 65mill for the property sale. 15mill WiFi plan and 50mill buyback/cancel.

    Edit: quick math was only for a month...
    So I reckon just oggs idea of the squid games is a goer. But not liking my chances as I feel all sky holders are desperate.
    Last edited by Meh; 19-10-2021 at 02:32 PM.

  7. #10617
    Legend peat's Avatar
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    The price has mostly held at the 38.2% fib retracement since the rise in late August
    SKT1019a.JPG

    That one spike down to the 50% retracement level shows good support - volume rose that day (from Jarden chart not shown)
    SKT1019b.JPG

    Discl. small long.
    For clarity, nothing I say is advice....

  8. #10618
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    If they do the mistaTea Plan…

    The SP will rocket up to $2.90 as stock traders take advantage of arbitrage btw…

    Everyone should be praying that Sophie has taken on board my feedback…

  9. #10619
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    I'm easily convinced! At this stage, I will take any plan as long as communication is a part of it, which is currently lacking from this company.

  10. #10620
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    Cool The mistaTea Plan

    Quote Originally Posted by Meh View Post
    I'm easily convinced!
    Let's just hope that:


    1. Sky get a great price for the campus; and
    2. Sky don't somehow screw up the capital return. The mistaTea Plan is by far and away the best option (if I do say so myself!)

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