Yeah, kind of questions their analysis skills...
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You can tell the way Arie fumbles at his questions ("Duh, duh duhh duhhh...ARPU...duhh duhh...content costs...duh duhhh...) that he really doesn't actually understand Sky TV and the media business very well.
Yet, despite having no real idea of what he is talking about, he is somehow still able to value the business.
Amazing.
Same goes for that Brian Han from Morningstar. Just because the 30c valuation looks tastier to me than Arie's 18c doesn't mean I like how he got there!
None of these guys have a clue, and that hasn't helped Sky's SP at all given these are the 'valuations' and 'advice' that is put out to the Market.
Not blaming Sky's low SP all on these guys, but just pointing out that is certainly doesn't help when the Business Analysis is done by people who are out of their depth.
An update on the property would be great, especially detailing how they have achieved a massive sell price.
Interim CFO gets into the mix with a small purchase
http://nzx-prod-s7fsd7f98s.s3-websit...878/354390.pdf
$25k worth
Small amount but even further support to add