SKT Sky Network Television Limited.

[Ferg]

Total equity = 409,266,000
Shares on issue = 1,746,279,558

Basic net assets per share = $0.234

Current share price = $0.182

Equity $409,266
Less:

Intangibles $57,357
ROU Assets $81,978
Goodwill $256,312

Add back:

Current Lease Liabilities $41,219
Term Lease Liabilities $52,664

Net Tangible Assets = $107,502
NTA per share = 6.15c

[Waltzing]

dont know if a traditional NTA is applicable for this tech company because thats what it is..

Nta is great for buildings and farms.

[mistaTea]

In previous reports, the 'satellite' customer numbers included Vodafone TV.

This always seemed weird to me, as VTV is a streaming service.

Looking at the fineprint on Page 7 of the presso... the VTV customers are now included in the streaming numbers.

So that means that their direct satellite subs must have grown substantially indeed to hit 565K after deducting VTV customers that are now included in the streaming numbers.

To lift the subs that high ARPU has fallen of course, but ARPU was always going to have to give way to stabilise the base. I expect ARPU to fall further by the FY results, but satellite subs to increase further too.

Overall, I think a very good result.

[mistaTea]

dont know if a traditional NTA is applicable for this tech company because thats what it is..

Nta is great for buildings and farms.

Agreed, a meaningless metric for Sky.

[Akane]

The stock price went up a tiny bit, then back down lol.

I don't understand markets anymore.

[DownTownJr]

The stock price went up a tiny bit, then back down lol.

I don't understand markets anymore.

Lol here's hoping it's still early days. The market confuses me. Oh well, I'm not selling my Sky shares, the result is a good one. We just need a divi and broadband to get the ball really rolling.

[bull....]

market already priced it in.

Anyway who seriously believes sky is anything other than a trade? no way long term they compete against disney/netflix ... no way

[LEMON]

market already priced it in.
Anyway who seriously believes sky is anything other than a trade? no way long term they compete against disney/netflix ... no way

Disney and Netflix are boring I watch them for free through family members too much of regurgitated crap. After being on neon I will pay to be a subscriber.
Great choice of tv and movies.

[mistaTea]

market already priced it in.

Anyway who seriously believes sky is anything other than a trade? no way long term they compete against disney/netflix ... no way

I think Disney etc may find their way back to Sky via co-exclusive deals.

Loads of people would prefer to aggregate Disney with the rest of their Sky content (just using Disney as one example).

Makes the rights cheaper for Sky too...

[sb9]

Listening to conf call, CEO notes are pretty hard hitting, genuine and very KIWI like...