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  1. #411
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    Unfortunately, Sky has become the company NZers love to hate, whether justifiably or not. Sky has become the new Telecom.

    While I have my issues with the company, I do not think they deserve a lot of the derision pointed at them.

  2. #412
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    Quote Originally Posted by Zaphod View Post
    Unfortunately, Sky has become the company NZers love to hate, whether justifiably or not. Sky has become the new Telecom.

    While I have my issues with the company, I do not think they deserve a lot of the derision pointed at them.
    I do , I loath there pricing and will be cancelling too soon hardly watch sky at all anymore so not worth my $65 which by the way is just basic package $50 and they have the nerve to keep charging me $15 / mth for my sky as well
    one step ahead of the herd

  3. #413
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    Quote Originally Posted by Zaphod View Post
    Unfortunately, Sky has become the company NZers love to hate, whether justifiably or not. Sky has become the new Telecom.

    While I have my issues with the company, I do not think they deserve a lot of the derision pointed at them.
    I think they get what they deserve, arrogance and bad customer service are out of monopoly situation that they had for years and never bothered to look after customer needs. Now the tide has turned with advent of online media streaming. Pay back time I guess!!!

  4. #414
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    Quote Originally Posted by Zaphod View Post
    Unfortunately, Sky has become the company NZers love to hate, whether justifiably or not. Sky has become the new Telecom.

    While I have my issues with the company, I do not think they deserve a lot of the derision pointed at them.
    They have not adjusted to new competition and is preoccupied with milking existing customers, instead of looking at ways to retain them long term. Realistically by adjusting pricing.

    Their current strategy involves giving 'free' 3 months' viewing of movies, or sports or 12 months of my Sky to lock subscribers in for another year. Not really working.

    If they lose Rugby - GAME OVER!

    Losing 45,000 customers = $43m less revenue, and given the nature of their operation (mostly fixed costs) = direct impact on bottom line.

  5. #415
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    I never cease to surprise myself. Today I bought 10,000 skt which might be cosidered a small parcel for some but represents quite a lot for me.

    I'm fully aware that there are challenging times ahead and Netflix and Lightbox will offer stiff competition. Sky does have some great content and people do like live sport. We live in interesting times.
    Last edited by Bobdn; 16-05-2016 at 02:23 PM.

  6. #416
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    Quote Originally Posted by Bobdn View Post
    I never cease to surprise myself. Today I bought 10,000 skt which might be cosidered a small parcel for some but represents quite a lot for me.

    I'm fully aware that there are challenging times ahead and Netflix and Lightbox will offer stiff competition. Sky does have some great content and people do like live sport. We live in interesting times.
    You are a brave man Bob. Good luck, hope it goes well. They are not for me as I see them continuing to take a hammering to the multiple streaming services.

  7. #417
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    Definitely a fair comment about the streaming services RTM. Netflix have said they're not going near sports, however, things can change I guess. It was hard call between SKT and putting more into WHS.

  8. #418
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    How sustainable do you think the div is Bobdn ; have you done any projections? 30c a year is currently pretty juicy.
    Last edited by Joshuatree; 16-05-2016 at 03:47 PM. Reason: speeling

  9. #419
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    I really don't know. I bought anticipating some sort of cut in the future. Gross dividend is over 10% so that surely can't last. Share price has dropped 25% over the last few weeks so I assume people aren't expecting a 30 cent dividend next year.
    Last edited by Bobdn; 16-05-2016 at 06:53 PM.

  10. #420
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    MorningStar..."...We believe the time has come for management to bite the strategic bullet and consider lowering its prices. While we appreciate the reluctance to sacrifice the current average revenue per user, or ARPU, of almost NZD 80 per month, Sky's value proposition is losing lustre against the NZD 10 per month products offered by streaming providers such as Netflix. By lowering the basic tier price of NZD 49 per month, Sky may be able to stem the subscriber losses and have a better chance to showcase its superior content library (for example, exclusive rugby) and product offering (for example, Neon, FanPass).

    This brings us to the board's current deliberation on capital management options. Some investors appear to prefer some form of capital return. However, for Sky's long-term strategic sake, we would prefer the company maintains current dividends (equating to 7% yield) and uses its financial flexibility to execute the aforementioned repricing strategy and reignite subscriber growth...."

    Well, I know I couldn't talk her indoors into dumping Sky...

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