SKT Sky Network Television Limited.

[mistaTea]

I was advised that the Sky Box launch is imminent. So I'd guess that'd mean within a month or two.

If we don't hear any update on the capital return this month the Board is either incompetent or in discussions with a party. It is critical they start feeding the market good news to help the shareprice.

At least the SP is starting to firm with someone clearly accumulating. But we need a news catalyst momentum to turn sentiment.

Aye Stallion, their market announcement said they had been working on a capital return plan in parallel to doing due diligence on MW…

So all these weeks later, it is very odd that they have not updated the market with a signed off plan for how they are going to return capital, how much etc.

The delay only really makes sense if they are in talks with someone.

But there has been takeover speculation for sky for years now, and nothing has happened - so wouldn’t pay to get too excited about the prospect!

[JohnnyTheHorse]

I am happy where the sp is.

The longer they delay the announcement, the better as the market volatility selldowns by the nervous nellies have been great!

It has been beneficial. However if they are actually looking to sell the business then it puts them in a poor negotiating position.

[sb9]

Very poor communication from Board to the market, they should learn the art of massaging the market with snippets every now and then.

[snigmac]

Looks like Stuff picked up that Sky missed the launch date aswell...

[freebee]

https://www.stuff.co.nz/business/129...of-new-sky-box

[LaserEyeKiwi]

https://www.stuff.co.nz/business/129...of-new-sky-box

They still have two more rounds of trials to do??? (Expanded staff trial soon, and then another public trial before launching).

[mistaTea]

They still have two more rounds of trials to do??? (Expanded staff trial soon, and then another public trial before launching).

Good to read that they are doing internal UAT on the box now (even though it is late).

If they move at pace from here they should be able to to a general launch by September.

Vodafone TV customers clearly need to be prioritised.

Will also be interesting to see if they have been able to do anything meaningful with their pricing and packaging for the new box.

[snigmac]

Good to read that they are doing internal UAT on the box now (even though it is late).

If they move at pace from here they should be able to to a general launch by September.

Vodafone TV customers clearly need to be prioritised.

Will also be interesting to see if they have been able to do anything meaningful with their pricing and packaging for the new box.

Based on the article, it's unlikely that there will be a rollout in September (chip shortages and logistics delay etc). Looks like Sky has tried to hide this one under the rug with this MW nonsense!

The only thing going for Sky is Neon growth, which is likely to be strong Q3 and Q4 and having alot of cash from the property sale (which they did get a good price for) and dividend/cap return.

[JohnnyTheHorse]

You do need to be somewhat lenient on timings. I have clients ordering chip related equipment that 1 year ago was ex stock Singapore, and now looking at 6-11 month lead times. This has caught a lot of people off guard.

[snigmac]

I think it's the credibility of the board, directors and team that need to be looked at. It shouldn't be the case that shareholders and media pick up on missed deadlines. The company should have been all over this, given the importance of the project.