SPK- Spark NZ (TELCO)

[bull....]

I see Telstra have reduced their dividend payout ratio and 2018 dividend guidance.

yes telling isnt it

[couta1]

Telstra down over 10% on both exchanges atm, 52 wk lows, OUCH. Let's hope Spark can do better than this tomorrow.

[couta1]

Solid result with no change to dividend or 2018 dividend guidance.

[Major von Tempsky]

It did, 13% rise in profit, same dividends as last year, plans for the future.

Lesson for the future to all those scaredy cats who recently sold off because they equated Spark with Telstra: Spark is different from Telstra! Take 100 lines and write that out.

[Master98]

Hope Spark have extra 20m gain from selling their land property every year until nothing left.

[Major von Tempsky]

The whole market is down across the board, panic now. Sell everything. It's the last days. Get under the bed and read Revelations. Haven't checked the NZ dollar yet. When stocks like Auck Airport are significantly cut you know something is wrong with the cutters, not Auck Air.

[bull....]

good result, I would imagine the shares should be well supported even more so after telstra decision yesterday.

When you compared the 2 charts telstra ( or even telco in general in aus) was heading down while spark was going up, people were confused as they couldnt understand how this could be.
As MVT has said spark should not be compared to telstra different fish in telco sea for various reason even though the general theme is the same.

Why telstra price go down is because they had no choice but to drop dividend this was evident mths ago as they had a gaping hole in there cashflow in the years ahead after nbn payments finished , smart people were switching out of telstra into spark which offered steady business less risk and nice fat divs.

I expect more disenchanted telstra investors to switch.

[Major von Tempsky]

Spark Digital are still bleeding high-margin business customers to competitors such as DataCom, with no end in sight.

So the Spark report is in and I quote "IT revenue is up 19%" and also that "Spark has signed some big new contracts".

How does that fit in with "Spark Digital are still bleeding high-margin business customers to competitors such as DataCom, with no end in sight" Zaphod?

[Major von Tempsky]

So it seems that the investors (scatter brained twits) who sold Spark recently because North Korea fired a rocket up and over Japan and down the other side are now buying again. If they paid any attention to World News and History they would know that this is the third time North Korea has done this.

Really "investors" should be required to gat a warrant of fitness and those with half their brain missing should be taken off the road.

[steveb]

So it seems that the investors (scatter brained twits) who sold Spark recently because North Korea fired a rocket up and over Japan and down the other side are now buying again. If they paid any attention to World News and History they would know that this is the third time North Korea has done this.

Really "investors" should be required to gat a warrant of fitness and those with half their brain missing should be taken off the road.

Good one major

It could be kim is selling short need to settle fire a missile!!