CNU - Chorus

[Aaron]

http://www.stuff.co.nz/business/indu...s-it-of-errors

Didn't think much of Spark a month or so ago they rang to ask if I wanted a better internet connection and I could keep my number but it would be attached to a mobile number or something of the sort. Part way through the conversation I realized they were selling me a deal to use their wireless network and ditch the copper. Once I worked that out I told them to f**k off and stop wasting my time but I would imagine plenty of people wouldn't have a clue what was really being offered. Chorus could lose a lot of business from rural folk switching to Sparks wireless network. The sales person just said I would get more data and the internet would work better, I only twigged what was being offered because I took an interest in chorus a while back. It doesn't worry me too much as I didn't invest in chorus but it upset me that the marketing for the switch to wireless is sort of deceptive from Spark. I am sick of b*lls**t and deception fobbed off as clever marketing trying to confuse people to sell **** is a sad state of affairs.

[Bobdn]

http://www.stuff.co.nz/business/indu...s-it-of-errors

Didn't think much of Spark a month or so ago they rang to ask if I wanted a better internet connection and I could keep my number but it would be attached to a mobile number or something of the sort. Part way through the conversation I realized they were selling me a deal to use their wireless network and ditch the copper. Once I worked that out I told them to f**k off and stop wasting my time but I would imagine plenty of people wouldn't have a clue what was really being offered. Chorus could lose a lot of business from rural folk switching to Sparks wireless network. The sales person just said I would get more data and the internet would work better, I only twigged what was being offered because I took an interest in chorus a while back. It doesn't worry me too much as I didn't invest in chorus but it upset me that the marketing for the switch to wireless is sort of deceptive from Spark. I am sick of b*lls**t and deception fobbed off as clever marketing trying to confuse people to sell **** is a sad state of affairs.

That really is naughty isn't it. The Chairman and CEO of Chorus have noticed these shenanigans.

http://www.scoop.co.nz/stories/BU161...dsl-uptake.htm

[Jim]

A few months ago an Indian man from Spark, with a heavy Indian accent knocked on my door asking me if I include my prepaid mobile payment into my phone bill I will be paying $14 a month instead of paying $19 a month for 500 mb, 100 free minutes. Without any hesitation I signed up thinking that was a good deal. To my surprise when my phone bill arrived instead of paying discounted $14 I have to pay $19.99 and some other confusing charges. What a ripoff from Spark. I immediately change the provider from Spark to Skinny paying $30 a month for 3 gigabits and unlimited calls. What a ripoff merchant Spark were and now Skinny is cannibalising them lol

[Baa_Baa]

A few months ago an Indian man from Spark, with a heavy Indian accent knocked on my door asking me if I include my prepaid mobile payment into my phone bill I will be paying $14 a month instead of paying $19 a month for 500 mb, 100 free minutes. Without any hesitation I signed up thinking that was a good deal. To my surprise when my phone bill arrived instead of paying discounted $14 I have to pay $19.99 and some other confusing charges. What a ripoff from Spark. I immediately change the provider from Spark to Skinny paying $30 a month for 3 gigabits and unlimited calls. What a ripoff merchant Spark were and now Skinny is cannibalising them lol

Skinny is owned by Spark. It's their discount brand. Confusing eh?

[Aaron]

Skinny is owned by Spark. It's their discount brand. Confusing eh?

Looks like nothing has changed since Teresa Gattung admitted they make the charges confusing so they can charge more/discourage people from changing service provider.

[Bobdn]

Good to see some sanity come back into the Chorus share price, just two weeks ago it was $3.50! (which was getting stupid cheap).

I am just about fully committed but managed to scrounge together $7000 to buy a few more. It was the best I could do and better than nothing.

[Bobdn]

Lots of work for Chorus coming up with UFB2 roll out.

https://www.chorus.co.nz/ufb2

[bung5]

My rough calculation has chorus on PE of 13 on fy 17 guidance.

Still quite bit of upside

[Bobdn]

Yes, good result beating expectations. CNU hopefully has now become boring investment that I always wanted. It pays a reasonable, sustainable dividend that is forecast to increase modestly in the years ahead. It's a cornerstone of my retirement income.

[Snow Leopard]

Yes, good result beating expectations. CNU hopefully has now become boring investment that I always wanted. It pays a reasonable, sustainable dividend that is forecast to increase modestly in the years ahead. It's a cornerstone of my retirement income.

Increase in profit (mainly) from a change in accounting treatment otherwise not so flash.

Still need to keep borrowing to build (& maintain) the network.

Best Wishes
Paper Tiger