SKT Sky Network Television Limited.

[mistaTea]

NZ Rugby takes $16m impairment on Sky TV investment, reveals extent of Sky clawback on broadcast rights
https://www.nzherald.co.nz/business/...ectid=12441015

NZ rugby's sgare in sky 1.7%. Not 5% stipulated by clubs nz

I like how Chris still managed to mention the NEON price increase right at the end.

Not related AT ALL to the article about NZR's financial woes and Sky's relationship with NZR.

God Chris really hates Sky TV!

[LaserEyeKiwi]

The more I see news releases like this from NZX listed property companies, the more I am convinced that Skys property is being pitched at these large entities first and won't be advertised publicly unless they have all done their due diligence and all passed on an acquisition.

https://www.nzx.com/announcements/371892

[Habits]

The more I see news releases like this from NZX listed property companies, the more I am convinced that Skys property is being pitched at these large entities first and won't be advertised publicly unless they have all done their due diligence and all passed on an acquisition.

https://www.nzx.com/announcements/371892

If that is the case then perhaps also include fletchers so it can be redeveloped. Good location for large scale housing I guess

[mistaTea]

The more I see news releases like this from NZX listed property companies, the more I am convinced that Skys property is being pitched at these large entities first and won't be advertised publicly unless they have all done their due diligence and all passed on an acquisition.

https://www.nzx.com/announcements/371892

Let's watch this space, hard to know what is going on.

But I don't see why early interest from large entities after the NZX announcement would stop Colliers from listing the property. They should be generating maximum interest for the property to get the best possible price - and you need to advertise it to do that.

It is very strange that in March they announced that it would be listed in April, now we are a third of the way through May and still nothing.

Maybe we will see a listing materialise in the next week or so, but it is a very strange situation.

[Dlownz]

I'm almost exoecting some form of revenue guidence thus week from sky

[silu]

I'm almost exoecting some form of revenue guidence thus week from sky

Better be. The SP action has been woeful. No matter if I or others think that SKT is hugely undervalued when the market doesn't agree with us.

[Ogg]

[Ogg]

but first I have to buy more stock.

[mistaTea]

Better be. The SP action has been woeful. No matter if I or others think that SKT is hugely undervalued when the market doesn't agree with us.

If you subtract the value of Sky’s tangible assets from the market cap, Sky’s operations are only valued at about $180M according to the SP right now. Company has zero debt!

A business that still generates $150M in operating cashflow, $70M+ in FCF…has stabilised earnings and has shown growth in key areas. Only worth $180M. Ha!

Yes I can bang on as much as I want about how unjust the low market valuation is, but if the market disagrees then too bad so sad.

But Mr Market is a moron in my very humble opinion.

The sooner Sky can make a plan to become a full blown telco the better. Sentiment ‘should’ become more positive if Sky’s revenue streams further diversify into Mobile, wholesale, data centres etc. in theory anyway!

I’m sure our mate Chris at The Herald would still find loads of bad things to say!

[Ogg]

https://i.imgur.com/RnOPN5f.jpg