SKT Sky Network Television Limited.

[bottomfeeder]

Thanks for that. I guess the question now is will this mean anything for sky in the near future.

Always potential for Sky takeover. Worth 5 cents on the SP. But something more interesting is the switch off coming for Vodafone TV. It's a wonder a takeover for Sky hasn't started already.

[mistaTea]

But something more interesting is the switch off coming for Vodafone TV.

Got an email from them yesterday...if I can be bothered registering my Vodafone TV box again (I deregistered it when I stopped using it ages ago) then I think I qualify for $75 refund.

Could be a couple of decent bottles of red wine, so maybe I will make time to do that tomorrow.

[ados_nz]

Got an email from them yesterday...if I can be bothered registering my Vodafone TV box again (I deregistered it when I stopped using it ages ago) then I think I qualify for $75 refund.

Could be a couple of decent bottles of red wine, so maybe I will make time to do that tomorrow.

Back from the naughty corner!

What GIF was it this time?

[mistaTea]

https://www.vocus.co.nz/vocus-and-sky-case-study

Vocus releasesd a Case Study on Sky Broadband a couple of days ago.

A match made in Heaven...

[biker]

Nice to see the property cash in the bank today and the share price respond accordingly.

[biker]

SKT
18/03/2022 15:23
TRANSACT
NOT PRICE SENSITIVE
REL: 1523 HRS Sky Network Television Limited

TRANSACT: SKT: Completion of Mt Wellington property sale

Sky Network Television (NZX/ASX: SKT) advises the sale of the Company's Mt
Wellington campus to Goodman Property Trust for $56m has completed.

Authorised by James Bishop, Company Secretary

[Habits]

This coming week looks to be a good one for skt and probably the market as a whole. Some of the unknowns are settling down and now not so unknown. The long patient sky-divers can look forward to (the promise of) cash rewards from this sale. 3 bucks by Friday?

[mistaTea]

This coming week looks to be a good one for skt and probably the market as a whole. Some of the unknowns are settling down and now not so unknown. The long patient sky-divers can look forward to (the promise of) cash rewards from this sale. 3 bucks by Friday?

If the market was rational, Sky would have been valued at ~$3 per share minimum a long time ago.

Lookit, a year ago PE made an indicative offer of $400M to take Sky private (market cap was ~$300M at the time. Interestingly enough our EV is not much higher than that at the moment).

That was an opportunistic low ball offer that didn’t get any traction as it turned out. But, in my mind, it set the floor for what sky is worth (she is obviously worth a lot more than $400M otherwise PE wouldn’t have made that offer…).

If all you did was add the cash balance to the PE offer you get $530M (should actually be $540M as at today given we have generated more FCF since the HY report)…which would be a valuation of $3/share.

[bottomfeeder]

Nice to see the property cash in the bank today and the share price respond accordingly.

Strange isn't it. After the last announcement, it looked pretty certain that this was going to settle. So anyone selling at $2.61/$2.62 must have been overly worried. $3.00 is where I would like to be.

[Habits]

Sky chart is looking good and ready for BREAKOUT. The sky train is ready to move. My personal opinion.