SKT Sky Network Television Limited.

[tqtq]

DJ New Zealand Companies Could Be Ripe for Takeovers in 2021 -- Market Talk
17 Dec 2020 10:50:03
2350 GMT - Takeover offers for New Zealand's listed companies could increase in 2021 after only two transactions this year, says Forsyth Barr, citing cheap debt, cashed-up private equity players and greater tolerance for risk among sovereign wealth funds. The brokerage has identified 20 companies that it sees as the most likely targets and a top-10 subset includes locally well-known names such as a2 Milk, Infratil and Kathmandu as well as struggling Gentrack and Sky Network Television. Several companies also have opportunities to sell noncore businesses or to sell and leaseback assets, Forsyth Barr says. That includes telco Spark, which could sell and leaseback infrastructure such as data centres, cell towers, and telco exchanges. (stephen.wright@wsj.com)
(END) Dow Jones Newswires
December 16, 2020 18:50 ET (23:50 GMT

[tqtq]

And also: https://stockhead.com.au/news/these-...tocks-of-2020/

[airedale]

And also: https://stockhead.com.au/news/these-...tocks-of-2020/

It brings to mind the book and strategy based on the book "The Dogs Of The Dow". Can't remember the author but he demonstrated a profit using last year's dogs to invest in this year.

[winner69]

It brings to mind the book and strategy based on the book "The Dogs Of The Dow". Can't remember the author but he demonstrated a profit using last year's dogs to invest in this year.

Folklore has this years worst performers as next years winners ...often works

Dogs of the Dow appears to take the stocks with highest dividend yields and invest in those .....theory being high dividend yields are a result of suppressed share prices so if it works the share price will increase and you’ll also get a decent divie.

Worst performers on NZX50 last year were SKT VGL KMD SML and AIR

[mistaTea]

Here is the game plan...though I need my boy Ogg to come in and verify it...

Sky declare a surprise dividend of 1.5c per share in the HY result , with guidance that we get another 1.5c at FY provided things don’t deteriorate unexpectedly. That would be about $50M in total dividends next year... or ~66% of available projected underlying Owner Earnings.

The Market is pleased and Sky’s SP rises to 25c...

Then Discovery come in and offer to take Sky off our hands for 35c. Broadband has been rolled out, and OSB sold so now is the time. Gaining approval from the authorities would just be a formality...

But wait, another player comes in (Comcast?) and offers 40c! The tussle begins, with Discovery making the final successful bid for 45c. They just have to get Sky and merge it with TV3!

All ends well. Sky is in safe hands, and missusTea lets mistaTea back into the bedroom...

[Ogg]

Here is the game plan...though I need my boy Ogg to come in and verify it...

Sky declare a surprise dividend of 1.5c per share in the HY result , with guidance that we get another 1.5c at FY provided things don’t deteriorate unexpectedly. That would be about $50M in total dividends next year... or ~66% of available projected underlying Owner Earnings.

The Market is pleased and Sky’s SP rises to 25c...

Then Discovery come in and offer to take Sky off our hands for 35c. Broadband has been rolled out, and OSB sold so now is the time. Gaining approval from the authorities would just be a formality...

But wait, another player comes in (Comcast?) and offers 40c! The tussle begins, with Discovery making the final successful bid for 45c. They just have to get Sky and merge it with TV3!

All ends well. Sky is in safe hands, and missusTea lets mistaTea back into the bedroom...

Go ahead Yul Tea. You go get your palace...

[Longhaul]

Once Sky has the new box, why would it not partner with Netflix, Amazon, Disney+ etc.

If it makes sense in the UK, wouldn't it also make sense here?

https://www.theguardian.com/media/20...bers-in-europe

[Ogg]

makes sense

[Dlownz]

Oh god. Takeover talks back.
No divi In the half year.
We will have to wait for the full year.
Announcing a divi or future divi would immediately double the share price similar to NZME

[mistaTea]

God we have missed you.