SPK- Spark NZ (TELCO)

[dobby41]

I wonder who knows the name of the Wall st pundit who said "sometimes the market does something so stupid that it takes one's breath away."
A chocolate fish for the correct answer.

Jim Cramer

[Hoop]

The market tends to build up its expectations prior to the announcement hence the old adage, "buy the rumour, sell the fact"
plus what the others said re SPK being an international plaything.....

Agree...
NZX exposure to the global markets is limited to a few stocks with big enough market cap and liquidity.. SPK is one of those few..

Long term...Telco's in general (global) looked to had risen too high in the middle of last year and been cooling off since then.. Looking at Telstra results now and using hindsight that share price bump last winter is now considered too high as well.
Short term..Swings and roundabouts last winter's good shareprices is now late summer"s ****storm...Investors see better opportunities elsewhere...

just a reflection of how out of favour nz shares are at the moment.

Telstra result was pretty bad as well so the whole sector is getting a hiding

Agree...
NZ Market is well down the list with this latest global rally....A falling NZ$ reflects weak demand for NZ dollars so not surprised to see a laggard NZ Equity market.

I don't understand. Can someone help me understand why SPK announcement of increase in profit, revenue, and dividend payout has affected share price drop by -3%?

Am I missing something or have I read it wrong?

In the short term investor sentiment rules over fundamentals..It could be raining gold bars from heaven event and if we all complain it not enough then we all would be pessimistic/suspicious about that event...Animal group behaviour sometimes resembles this weird behaviour..... In the Long term the shareprice usually reflects fundamentals..but the crunch is, by then the fundamentals may have changed for better or worse.

Well here is a revelation. The share price is too expensive but this revelation might spark a SD valuation.
Oh no.

I agree..A company that has no growth (past history -ve growth) a PE of 17 or 18 could be seen as too high....The Telco sector has lower PE's e.g Telstra's PE is 10.5 and it got wacked big time today

Well, no sign of any comment on the AIA thread by H2SO4. Very telling.

I consulted the NZX re SPK and AIA. Here's results; AIA a P/E of 31.200 and a Gross Dividend Yield of 3.535%.
SPK a P/E of 18.350 and a Gross Dividend Yield of 9.359%.

So which share price is too expensive H2SO4? Obviously AIA is yet you have made no comment on the AIA thread to that effect.

Are we to conclude that you are one of the small band of irrational Telecom haters then?

AIA PE should always be a lot higher than SPK.... Growth companies normally have higher PE's than low/-ve growth companies..

Is AIA PE 30 more expensive than SPK PE 17?....I think so, but not by much....

I stand corrected but off the top of my head SPK historically runs around average PE17? AIA averages in the 20's?
However when it comes to where the shareprice has come from AIA a growth stock has risen in shareprice +1600% (without adding div) since year 2000.. SPK with chorus chopped off -50%...It's the higher yield div that keeps SPK in play..also.. up to now it was (?) an increasing NZ$ capital play with overeas investors.

Also ,,, MVT..play nice to your fellow ST members, we all have different views and opinions..debating is fine but we should all be able to express our view right or wrong without receiving unnecessary hostile comments in return

[h2so4]

Well, no sign of any comment on the AIA thread by H2SO4. Very telling.

I consulted the NZX re SPK and AIA. Here's results; AIA a P/E of 31.200 and a Gross Dividend Yield of 3.535%.
SPK a P/E of 18.350 and a Gross Dividend Yield of 9.359%.

So which share price is too expensive H2SO4? Obviously AIA is yet you have made no comment on the AIA thread to that effect.

Are we to conclude that you are one of the small band of irrational Telecom haters then?

Yes your right Major.

[airedale]

Jim Cramer

Well done Dobby.

[craic]

I've been daytrading 34000 spk for a number of years and I'm happy to continue. only about half the lot are mine, the rest are on behalf, but it keeps me fat and happy. they are currently on the market at 370 - that is the price I would take and lose the dividend. Don't tell me I won't get that price - I know that - it's just a safety valve that allows me to cut trees drink alcohol and back slow horses without having to check the market every five minutes

[Major von Tempsky]

Wot? No whoops of Victory! You guys are very modest and restrained. What does the ComCom thumbs down on Sky TV/Vodafone merger mean for Spark? When can I give up my $100 plus a month Sky TV habit?

[dobby41]

When can I give up my $100 plus a month Sky TV habit?

Any time you wish - just cancel it!

[Zaphod]

Any time you wish - just cancel it!

Plenty of other options out there these days, but in the meantime enjoy your "free" Lightbox service.

You can always sign back up to Sky with one of their special offers - out last offer was $40/month for the basic package, decoder, and one premium channel.

[bull....]

Wot? No whoops of Victory! You guys are very modest and restrained. What does the ComCom thumbs down on Sky TV/Vodafone merger mean for Spark? When can I give up my $100 plus a month Sky TV habit?

common sense has prevailed from the commerce commission, an okay would have ruined the competitive Telco environment we now enjoy.

[Master98]

spark partners with netflix

https://nzx.com/companies/SPK/announcements/297423