SKT Sky Network Television Limited.

**Quantitative Easing** · 02-09-2021, 10:49 PM

Originally Posted by snigmac

Write downs are concessions that the company lost money and had to write it off as lost investment. It was pretty dire in 2020... from memory

Lol MrT posting on his second account...

**Quantitative Easing** · 02-09-2021, 10:56 PM

The best investment/decision Sky did was buy that piece of land in Mt Wellington all those years ago. Back then the area was undesired and rundown. Now that area has become very popular with families and people wanting to enter the isthmus property market.

**Habits** · 03-09-2021, 05:22 AM

Where are the buyers today, only 1m wanted but nearly 2m for sale. 70m traded this week and price up 20 percent

**Slim** · 03-09-2021, 06:46 AM

I use asb market depth and there's no way it's indicative of what's happening on a daily basis at the moment. Without seeing another update on substantial holders, one wonders who's buying and who's selling; just hope the run up continues until the next news se we see a lift on the higher base.

**jimdog31** · 03-09-2021, 07:57 AM

Originally Posted by Habits

Where are the buyers today, only 1m wanted but nearly 2m for sale. 70m traded this week and price up 20 percent

These guys havent been lining up with limit buys, mostly at market and off market. They dont really care about one or two pips.

Thinking on this more - they only have $200m AUM and they probably get a fee based on capital increases, they are actively buying more to get the price up… like they did with NZME , id say they wont stop buying until its reaches a level that pays quite nicely on their previous DCA buying.

Previous to the disclosure they were buying with stealth and so they did it over a longer time frame with almost no1 noticing. now that the cats out of the bag they have significantly ramped up.

**clown** · 03-09-2021, 08:09 AM

Where do you check your market depth? I use ASB sec and Tradilia App but it's quite delayed.

Originally Posted by jimdog31

These guys havent been lining up with limit buys, mostly at market and off market. They dont really care about one or two pips.

Thinking on this more - they only have $200m AUM and they probably get a fee based on capital increases, they are actively buying more to get the price up… like they did with NZME , id say they wont stop buying until its reaches a level that pays quite nicely on their previous DCA buying.

Previous to the disclosure they were buying with stealth and so they did it over a longer time frame with almost no1 noticing. now that the cats out of the bag they have significantly ramped up.

**jimdog31** · 03-09-2021, 08:15 AM

Originally Posted by clown

Where do you check your market depth? I use ASB sec and Tradilia App but it's quite delayed.

I use directbroking.

**jimdog31** · 03-09-2021, 09:12 AM

Originally Posted by mistaTea

Oh yes! Very tired today!

Loving reading the OCA forum though. Not too keen on the Blacks are they?!

It may well be that OCA are using the debt raised for something else...but I love the rationale the posters provide for how they can absolutely rule out an acquisition of the Mt Wellington campus!

So many LOLs! Like Ogg said if you look through their portfolio there is some fairly drab villages in there.

They have also just bought land in Pukekohe - I definitely would not say this is a "premium" location

Not to mention Summerset has heritage 300m away.... Nobody has responded to me about that!