SKT Sky Network Television Limited.

[Balance]

Can anyone help with details of a good, safe broker to move some SKT volume. Been dealing with ASB securities and they drive me nuts with their rules and regulations on trading decent numbers. They are fine to deal with for 1000 shares but hopeless when it’s a 100,000. Thanks in advance.

Advantage of a full service broker could be that they can cross a big line of stock to another and get you a better price - especially when a stock is on the way down. You pay more but that can be more than offset by a better price.

[mistaTea]

Just drip feed 10k or 20k at a time through ASB sec. Going to a different brokerage would involve completing their AML signup procedure.

I use ASB sec and have only had one occassion in the past when I needed to sell in volume.

Rather than use their online portal I rang them to do it - and I asked them to sell at market price, but drip feed it. Also negotiated their commission down from 0.3% to 0.2%.

Worked out fine for me in that instance.

[mistaTea]

Should be another strong open today...with exactly two weeks to go...

I hope the WR deal is announced before the FY results. If the deal is favourable, good be some timely 'good news' heading into the Big Reveal...

[silu]

Fwiw I'm going to buy more today based on nothing more that I met some friends last night and 2 out of 3 are coming back to Sky Sports after a long hiatus because of PL football.

[mistaTea]

Fwiw I'm going to buy more today based on nothing more that I met some friends last night and 2 out of 3 are coming back to Sky Sports after a long hiatus because of PL football.

Well, the open looks to be very strong today...so perhaps a number of others are drawing a similar conclusion to yourself.

[Habits]

I use ASB sec and have only had one occassion in the past when I needed to sell in volume.

Rather than use their online portal I rang them to do it - and I asked them to sell at market price, but drip feed it. Also negotiated their commission down from 0.3% to 0.2%.

Worked out fine for me in that instance.

Mr T psst, 0.2 is my standard rate.

[LaserEyeKiwi]

The Spinoff outlining that HBOMax will launch here in 2024, after Skys Content agreement ends next year:

https://thespinoff.co.nz/business/10...ikes-it-or-not

EDIT: apologies didn't see this was already posted earlier.

[LaserEyeKiwi]

I assume you are referring to this?

https://thespinoff.co.nz/business/10...ikes-it-or-not

Just speculation that Warner will cut Sky out of the equation altogether.

We renewed and expanded our deal with Warner just last year: https://www.nzx.com/announcements/378056

8 months before that we renewed with Discovery on a co-exclusive basis: https://www.nzx.com/announcements/364535

Sky will have access to HBO/Discovery content for years to come...and it is a big assumption that Warner-Discovery will cut Sky TV out of the equation altogether in years to come when the current deals expire.

Spinoff claims that the HBO deal ends next year.

Sky statement in response that it has other content is very “weak sauce”:

Yes, HBO has some terrific shows, but Sky is a curator of fantastic entertainment, with over 530 different content partnerships in place to deliver premium content to our customers. Recent hits from studios other than HBO include The Handmaid’s Tale, Love Island, Yellowjackets and Yellowstone.”

[Quantitative Easing]

The Spinoff outlining that HBOMax will launch here in 2024, after Skys Content agreement ends next year:

https://thespinoff.co.nz/business/10...ikes-it-or-not

EDIT: apologies didn't see this was already posted earlier.

Aren't they sponsored by Spark?

[silu]

Aren't they sponsored by Spark?

Meaning a media outlet would write up stuff to appease their sponsor?