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11-06-2020, 04:43 PM
#2971
Originally Posted by Entrep
Fellet v Stewart
Stewart arrived in Feb 2019 the SKT SP was around 90c ($1 - 80c). Lowest to date is what, 15c? 83% drop from peak.
Fellet peak price was $6.30 or so, exited at 90c. 86% drop from peak.
It took Stewart 16 months to achieve what Fellet did in 16 years.
Who's the better CEO?
That has got to be the most ridiculous comparison I have ever heard. I like John Fellet just fine, but Jesus Christ that is ridiculous.
For the majority of John's time there was no fast internet and Sky happily ticked along as a monopoly. A comparison of this kind is not only unfair - it is asinine.
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11-06-2020, 04:46 PM
#2972
Member
Originally Posted by Entrep
Fellet v Stewart
Stewart arrived in Feb 2019 the SKT SP was around 90c ($1 - 80c). Lowest to date is what, 15c? 83% drop from peak.
Fellet peak price was $6.30 or so, exited at 90c. 86% drop from peak.
It took Stewart 16 months to achieve what Fellet did in 16 years.
Who's the better CEO?
Fellet peak was from $6:30 to $2odd which is around 69% drop...so actually better than Martin. Also back then there were the fat dividends. Fellet is a good businessman that ultimately didn't get his final wish with the Vodafone merger... Fellet could make anything into a cash cow...anything from the corner dairy to a big multinational.
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11-06-2020, 04:53 PM
#2973
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11-06-2020, 04:55 PM
#2974
Originally Posted by Quantitative Easing
Fellet peak was from $6:30 to $2odd which is around 69% drop...so actually better than Martin. Also back then there were the fat dividends. Fellet is a good businessman that ultimately didn't get his final wish with the Vodafone merger... Fellet could make anything into a cash cow...anything from the corner dairy to a big multinational.
It is entirely possible to make the case that John was the 'better CEO' than Martin.
But Entrep didn't make it.
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11-06-2020, 05:31 PM
#2975
Originally Posted by mistaTea
It is entirely possible to make the case that John was the 'better CEO' than Martin.
But Entrep didn't make it.
It's one way to make it. Shareholders should be concerned with their returns over a period of time - NOTHING else matters - global events, competition, etc.
It's clear on that basis who is ahead. Shareholders got better returns under Fellet. END
Edit: It's also highly unlikely that Fellet, someone who had guarded shareholder returns so carefully (as best he could, noting he was slow to react to OTT) over this entire career, would have allowed a CR at 12c to be required.
Last edited by Entrep; 11-06-2020 at 05:35 PM.
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11-06-2020, 05:40 PM
#2976
Originally Posted by Entrep
Edit: It's also highly unlikely that Fellet, someone who had guarded shareholder returns so carefully (as best he could, noting he was slow to react to OTT) over this entire career, would have allowed a CR at 12c to be required.
At least now you are pausing to think and provide a better attempt at making the case. Now we are getting somewhere.
I knew you had it in you mate!
John Fellet absolutely never would have let this happen in the way it has unfolded.
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11-06-2020, 06:15 PM
#2977
Originally Posted by mistaTea
At least now you are pausing to think and provide a better attempt at making the case. Now we are getting somewhere.
I knew you had it in you mate!
John Fellet absolutely never would have let this happen in the way it has unfolded.
Although he didn't like how many people were taking up skygo and put the price up the 100 a month I do believe. Quite a few people liked paying the 50 a month when it came out
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11-06-2020, 06:16 PM
#2978
Originally Posted by Dlownz
Although he didn't like how many people were taking up skygo and put the price up the 100 a month I do believe. Quite a few people liked paying the 50 a month when it came out
I think you mean FANPASS. Yes, to protect his high margin satellite base he jacked the pay as you go monthly sub to $100 a month.
That was also asinine.
Martin sorted that out and made the pricing what it should have been all along.
So maybe if I just use that single fact I can make the case that MARTIN IS THE BETTER CEO! END.
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11-06-2020, 06:33 PM
#2979
Originally Posted by mistaTea
I think you mean FANPASS. Yes, to protect his high margin satellite base he jacked the pay as you go monthly sub to $100 a month.
That was also asinine.
Martin sorted that out and made the pricing what it should have been all along.
So maybe if I just use that single fact I can make the case that MARTIN IS THE BETTER CEO! END.
Better CEO for customer or shareholders, sir?
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11-06-2020, 06:36 PM
#2980
Member
Originally Posted by mistaTea
I think you mean FANPASS. Yes, to protect his high margin satellite base he jacked the pay as you go monthly sub to $100 a month.
That was also asinine.
Martin sorted that out and made the pricing what it should have been all along.
So maybe if I just use that single fact I can make the case that MARTIN IS THE BETTER CEO! END.
Key to being a good CEO is to seem like that you care about the customer but in actual fact all you are there to do is to gouge the customer, maximise profits and line the pocket of your shareholders. Martin cares about the customer but not sure about maximising shareholder pockets. One fault of John was that he was not subtle in his gouging...Every customer knew when their pants were down.
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