SKT Sky Network Television Limited.

[Slim]

The road block is the property!

Any suitors will have disclosed if they want it by now and let's be honest, 65 to 100mill is too substantial in the overall picture to not be a conditional clause in any talks

Despite shareholder frustrations, what can board actually say...

[winner69]

Sophie was a bad appointment for CEO

Peter had some wisdom about this

Not much hope for SKT fortunes while she is in charge

[Balance]

Ok so after I read around it seems Sophie has told plenty of media outlets that they are currently in discussions with other parties regarding takeover offers. I am absolutely bewildered there was not a single mention in the earnings report or on the earnings call.

Sophie told stuff.co.nz:



She said something similar to NBR (mentioned earlier today in this thread)

Have a look at Burgerfuel - appointed KPMG in 2018 to advise on corporate options (ie. merger or takeover) and it is still going! Same update every 6 months about options still being explored. KPMG probably gave up 1.5 years ago after searching for a suitable candidate.

If a takeover or merger was going to happen, it would happen within 6 months, max 1 year. That’s how these things work. After that, it’s scrapping the bottom of the barrel for any kind of deal.

[Shareguy]

Craigs have turned a corner. Latest research note is outperform at $.23

[ScrappyO]

Sophie was a bad appointment for CEO

Peter had some wisdom about this

Not much hope for SKT fortunes while she is in charge

Thats what happens when you get a solicitor running a media business.

At least they get the gender tick.

[Quantitative Easing]

Thats what happens when you get a solicitor running a media business.

At least they get the gender tick.

I was impressed with the CFO. What we really need as a CEO is a finance/wall street type that will maximise shareholder gains by pitching SKY to his/her Wall Street mates for an eventual takeover. Then do buybacks in the short term with the property sale. With buy back if we can get share price to 20 cents ($2) then an eventual takeover in the vicinity of 30 cents ($3) is more likely.

[LaserEyeKiwi]

The road block is the property!

Any suitors will have disclosed if they want it by now and let's be honest, 65 to 100mill is too substantial in the overall picture to not be a conditional clause in any talks

Despite shareholder frustrations, what can board actually say...

sympathetic to this view - if as indicated Sky do return capital after the property sale, then that could lower the market cap even further and make funding for a takeover easier to achieve.

[Balance]

Thats what happens when you get a solicitor running a media business.

At least they get the gender tick.

Be fair - she is doing a strategy reset against very challenging industry conditions. Something previous management should have done (especially that useless Fellett who was with the company for 28 years while running it down).

[DeathByWarriors]

Is half this forum still banned? Anyone know why?

[Count von Count]

Sorry, double post. See below.