SKT Sky Network Television Limited.

**winner69** · 10-09-2020, 02:27 PM

Originally Posted by allfromacell

Anyone else topping up at 0.15c? Happy to see guidance was not only met but beaten and FY21 forecasts upgraded. Hard to not see great value when the comparing the market cap to FCF.

guidance beaten -- so why did they say this - Sky Network Television Limited (SKT) delivered results for the twelve months ended 30 June 2020 (excluding non-cash impairment of goodwill) that were in line with guidance,

**Quantitative Easing** · 10-09-2020, 02:47 PM

Will be interesting the see broker recommendations for the stock. Will make or break the future of sky shares.

**Ogg** · 10-09-2020, 02:53 PM

Patton's 3rd army has arrived.

**Quantitative Easing** · 10-09-2020, 02:55 PM

Originally Posted by Ogg

Patton's 3rd army has arrived.

Haha i think we need George Zhukov and the red army for the battle.

**Oliver Mander** · 10-09-2020, 02:57 PM

Originally Posted by winner69

guidance beaten -- so why did they say this - Sky Network Television Limited (SKT) delivered results for the twelve months ended 30 June 2020 (excluding non-cash impairment of goodwill) that were in line with guidance,

I think it is actually within the top end of their forecast range, hence 'in line with guidance'. They've improved the outlook for 2021 of course, but that doesn't count as beating guidance. From an investor perspective, I'm gratified that their transformation milestones are being achieved. I'm just as non-plussed as anyone by the bizarre trading patterns this morning!

**Quantitative Easing** · 10-09-2020, 02:58 PM

Originally Posted by SylvesterCat

I think it is actually within the top end of their forecast range, hence 'in line with guidance'. They've improved the outlook for 2021 of course, but that doesn't count as beating guidance. From an investor perspective, I'm gratified that their transformation milestones are being achieved. I'm just as non-plussed as anyone by the bizarre trading patterns this morning!

Well it forms a nice narrative to the whole fake news stock manipulation story run by NBR.

**Ogg** · 10-09-2020, 03:04 PM

Originally Posted by Quantitative Easing

Haha i think we need George Zhukov and the red army for the battle.

The Sharesies commander, after sending in all of his investors at 17c

**+++++** · 10-09-2020, 03:05 PM

Lol @ offer vol's at low .15s increments 2400 2 orders .153. 1700 2 orders .152. Why bother.

**allfromacell** · 10-09-2020, 03:06 PM

Originally Posted by winner69

guidance beaten -- so why did they say this - Sky Network Television Limited (SKT) delivered results for the twelve months ended 30 June 2020 (excluding non-cash impairment of goodwill) that were in line with guidance,

Probably because revenue didn't beat and just narrowly slipped inside the top end of the guidance. Profit we well above the given range of 20-25M which to me is the most important metric (ignoring non-cash impairments).