SKT Sky Network Television Limited.

[mistaTea]

Someone that used to work at the commerce commission told me that the commission used to be in bed with spark and they had a revolving door where people that worked at the commission ended getting jobs and moving to spark. The commission was easy on Spark whereas he said that there were a lot of enquiries done on Vodafone by the commission. That bias towards Vodafone and preferential treatment towards spark was what probably caused the failed voda/sky merger.

That is terrible if that is true.

Even still, that voda/sky merger almost got through...

Sky TV is already classified as a telco now anyway. I can't see the comcom having grounds to block Sky from expanding its telco capacity by M&A a second time around.

[mistaTea]

And how the hell does Vista - a business that ultimately relies on cinema viewing - have a market cap ~$45M higher that Sky TV?

Even before Covid they were only earning about $12M a year!

https://www.vistagroup.co.nz/downloa...2019-NZX-R.pdf

Been running at a loss the last two years!

You would think that profitable and cashflow positive Sky TV (which also produces more than 6 times the revenue Vista was able to even pre-Covid) would have a quoted value much higher than Vista - especially in the current environment when a lot of people still don't want to sit inside a confined room with strangers.

[bottomfeeder]

Put an order in for 5k at 243, only filled for 952. I have a feeling it will not get there again, on the run up to next week. Steady increases from here is my guess. $3 here we come.

[RGR367]

And how the hell does Vista - a business that ultimately relies on cinema viewing - have a market cap ~$45M higher that Sky TV?

Even before Covid they were only earning about $12M a year!

https://www.vistagroup.co.nz/downloa...2019-NZX-R.pdf

Been running at a loss the last two years!

You would think that profitable and cashflow positive Sky TV (which also produces more than 6 times the revenue Vista was able to even pre-Covid) would have a quoted value much higher than Vista - especially in the current environment when a lot of people still don't want to sit inside a confined room with strangers.

We should never compare VGL with SKT. They're completely different beasts.

disc: holder of both

[mistaTea]

We should never compare VGL with SKT. They're completely different beasts.

disc: holder of both

We do have to be careful making cross-sector comparisons...

But in this case, one company has significantly higher Earing Power than the other yet is 'worth' a lot less so far as the capital markets are concerned.

If you subscribe to the belief that any business (regardless of what industry it is in) is worth the discounted value of all future cashflows...then you are left scratching your head when you see examples like this.

Especially in this case where cinema's have been nailed due to the pandemic while companies like Sky have seen significant subscription growth as people don't want to go to the cinema as much and are unable to go see live sport events and prefer to watch from home.

[jimdog31]

We do have to be careful making cross-sector comparisons...

But in this case, one company has significantly higher Earing Power than the other yet is 'worth' a lot less so far as the capital markets are concerned.

If you subscribe to the belief that any business (regardless of what industry it is in) is worth the discounted value of all future cashflows...then you are left scratching your head when you see examples like this.

Especially in this case where cinema's have been nailed due to the pandemic while companies like Sky have seen significant subscription growth as people don't want to go to the cinema as much and are unable to go see live sport events and prefer to watch from home.

In case any of you start to think that maybe Mista has done an Ogg and vanished, he's just had to go and self isolate for the next 30 days as he caught a really bad bout of sharetrader omicron!

aka he was a naughty boy and wont be here for awhile , but tht doesn't mean he's not supporting our wild conspiracy theories from the comfort of his lockdown.

Johnny the stallion, in his absence, you have been promoted to the pre game day analysis and we expect bidaily updates on the Trading analysis of this bad boy!

[sb9]

Damn, wonder what got him into trouble.

[snigmac]

I'm surprised noone has commented on the Silver Lake and NZR deal.

[sb9]

https://www.nzherald.co.nz/sport/rug...GP6ZENBCLQEPY/

The New Zealand Rugby (NZR) Board and the New Zealand Rugby Players Association (NZRPA) Board today announced that they have approved a partnership agreement between Silver Lake, NZR and the NZRPA.

Under the terms of the agreement, which remains subject to ratification by the Provincial Unions and Māori Rugby Board, Silver Lake will invest NZ$200 million in a new commercial entity that will house all revenue-generating assets of NZR, with additional co-investment of up to NZ$100 million to be offered to New Zealand-based institutional investors later in 2022.

[winner69]

no test cricket on Sky

a South Africa test is the be-all and end-all ......and Sky have let it's customers down by not fighting for coverage hard enough

Suppose a few more subscribers will cancel their subs