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15-02-2017, 06:31 PM
#601
Originally Posted by Bobdn
Skt shed it's 15 cent dividend yesterday and recovered that amount in minutes. Good times.
This share kust keeps refusing to lay down and die for me. Every time it gets close to my stop loss the trend reverses.oh well may as well keep the dividends
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20-02-2017, 03:25 PM
#602
Any guesses on the outcome of the Commerce Commission decision?
I'm thinking it'll get approved, but not quite willing to put my money where my mouth is. Big money to be made on Thursday if you're willing to jump in and it gets the go ahead.
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20-02-2017, 10:25 PM
#603
Tom Pullar-Strecker thinks it won't happen
http://www.stuff.co.nz/business/opin...-for-rejection
I hope it does but wouldn't bet on it. I bought 10,000 SKT at 3.96 last year before the proposed merger was announced. I bought them knowing SKT was up against it and may eventually be consumed by Amazon Prime; Lightbox; Netflix and a myriad of other future providers and competitors including companies like Spark bidding and winning high end sports (funny how Spark didn't at all have a problem with the merger when it was announced and "welcomed the competition" but now has done a u-turn). I bought hoping this would be a long way off - 15 years or more at least and in the meantime dividends would keep flowing. Things seem to be happening a lot more quickly.
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21-02-2017, 10:22 AM
#604
Member
I reckon it'll go through. NZME/Fairfax will be the more interesting one
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21-02-2017, 10:27 AM
#605
I don't think it will go through without some conditions put on it.
I am hoping these might be around the monopoly that SKY have on live sport in this country.
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22-02-2017, 09:09 AM
#606
not a good half year result tbh.
subs down.
Revenue down, costs up
Revised full year forecast for FY down 5-7%
this beast is dying slowly.
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22-02-2017, 09:20 AM
#607
Member
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22-02-2017, 04:48 PM
#608
Spark wins the battle and gets a stay. VF and SKY must wait 3 days after the decision to merge. They will be FUMING
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22-02-2017, 05:07 PM
#609
Originally Posted by Entrep
Spark wins the battle and gets a stay. VF and SKY must wait 3 days after the decision to merge. They will be FUMING
Going bad to worse...
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22-02-2017, 06:28 PM
#610
Member
Originally Posted by Entrep
Spark wins the battle and gets a stay. VF and SKY must wait 3 days after the decision to merge. They will be FUMING
Its worse, its 3 days after the REASONS are released, not the decision - the CC has said the reasons will come a lot later - its unclear when that will be, but it will weeks if not months.
The whole deal has a breakup clause (as in either side can pull out if they want) on 28th of Feb - which is now blown unless they both agree to extend it .
Last edited by JAX; 22-02-2017 at 06:33 PM.
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