SKT Sky Network Television Limited.

[Entrep]

First time fibre has been down for me in 2 years

Likewise, I was seriously wondering wtf is going on!?

[Alpha]

Who what why Block us at 21cents. Cant handle the jandal.

Common long timers you have waited this long for a return. HODL

[DDog]

Denial of service attack takes down NZ's third-largest internet provider

[Akane]

back to 20c, I blame Ogg.

[curious zebra]

Great way for a large buyer to keep the price down. Buy up large at under 20c as they've been doing, then stick a blocking sell order in at 21c, which forces anyone smaller who wants to sell to go under their sell price. Clever! But a pain!

[Alpha]

Just weak hands no need to stress.

[nztx]

back to 20c, I blame Ogg.

he's probably busy mopping up spillage from some weak hands A.T.M

[pierre]

What you reckon guys? Hmm, hmm?

OCA have just closed their bond offer at $100 million at 3.3% - oversubscribed by $25m - so there's some dosh available if they want to talk turkey with SKT.

[mistaTea]

A poster on HC shared something that Sky seem to have snuck into the AR:

https://hotcopper.com.au/threads/rug...st_id=55757596

Looks like the streaming arm of RP has been sold off! And they haven't mentioned anything?

I then found this on Page 69 of the AR...

"In 2021 the Group sold the streaming business ofRugbyPass to Premier Sports Ltd (refer note 28).In separating out the RugbyPass CGU from Sky’s, all of the RugbyPass acquisition goodwill of $38.5 million was allocated to the RugbyPass CGU as it was management’s view that, in conjunction with the factors described above, the existing Sky business had not received any material synergy benefits from the acquisition of RugbyPass. This goodwill was subsequently impaired by $27.5 million at 30 June 2020."

Considering how much we paid to buy RP - this is a pretty big development that I would have thought they should tell the market about?

After selling the streaming part of RP, that leaves us with the RugbyPass newspaper...


Hmmmmmmmmm...newspapers...

[Slim]

After seeing your post on HC, ironically a 'news paper' company has a market cap of close to 200 million.
Skt has debt facility of 200 million (pre property sale)
Any idea of their debt levels?