SKT Sky Network Television Limited.

[nevchev]

They also only have 3 ratings: Outperform, Neutral, and Unperformed.

Summary:

Whilst we expect disruptive pressures on SKT's earnings will not abate any time soon, at the current share price investors are effectively only paying option value for the potential SKT is successful in repositioning itself as NZ's aggregator of sporting and entertainment content in a streaming world. We view the investment risks as balanced; NEUTRAL.

Thats the part i like Ogg.Will be accumulating as we go

[jonu]

They must be buying Sky

Haha....that's what I figured.

[tqtq]

Haha....that's what I figured.

SP should bounce higher today. I'm pretty sure those who have held their nerve will be rewarded.

[Enrix]

large broker

FY20 was a bad year for SKT, with EBITDA down more than 30%. Increased costs, rather than Covid, was a key driver of that, alongside ongoing revenue pressure. FY21 earnings guidance was encouraging on revenue but disappointing on costs. With SKT making the necessary move to a stronger streaming proposition we worry about cannibalisation adding to the nearer-term pressures on revenues. Greater clarity on opex is required, should revenue continue to decline. Uncertainty will remain until SKT stabilise revenue and right-size costs – a challenging transition given competition and SKT’s dual-platforms. Retain Neutral. Target price $0.17 (from $0.16), driven by small upgrade to operating forecasts. Key risks are Covid, competition and execution ability.

[Quantitative Easing]

Would sky be in a position to outbid Spark for Sanzar rights in 2026 given declining revenues? Surely there comes a point where the ROI doesn't add up.

[Jay]

Shouldn’t use MS ....better say heard Martin ...more friendly.

Just for you have altered it :-)

[Heimand]

ASB recommendation update: BUY: 30C valuation

[Quantitative Easing]

Anyone got Fat Prophets recommendation? They seem to be the most bullish.

[Paradox]

Here come the sharesies orders

[clown]

Lots of buyers this morning...

Last	Change	Buy	Sell	Open	High	Low	VWAP	Volume	Turnover
$0.151	0.3* 2%	$0.151	$0.152	$0.150	$0.151	$0.150	$0.150	1,014,579	$152,289

Buyers	Buy Quantity	Prices
1	47,590	$0.151
87	613,625	$0.150
10	139,444	$0.149
10	59,561	$0.148
5	83,247	$0.147
7	67,052	$0.146
10	258,068	$0.145
2	700,000	$0.144
4	211,698	$0.143
2	205,256	$0.142
138	2,385,541

Prices	Sell Quantity	Sellers
$0.152	19,693	4
$0.153	301,000	2
$0.154	54,586	3
$0.155	372,562	6
$0.156	134,914	3
$0.157	48,000	1
$0.158	130,864	3
$0.159	334,356	3
$0.160	252,656	12
$0.161	207,219	3
	1,855,850	40