Couldn't agree more, thought this thread would've gone quiet today and tomorrow with halt in place. All those bids will be adjusted come Friday pre-open. NZX should clear all trading depth information until that time.
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ASX even worse, just bots
BUYERSNUMBER BUYERSVOLUME BUYERSPRICE $ SELLERSPRICE $ SELLERSVOLUME SELLERSNUMBER 1 5,000 1.210 2.680 5,730 1 1 12,888 1.200
Just to move the conversation away from today's conspiracy theories, I rang and cancelled Sky Movies today. I have got tired of the selection of trashy American glossy love stories, horror movies and teenage stuff. There is not enough quality British {type] content. As my daughter would probably say " I am not in the target market demographic" So a saving of $1088.36 per annum.
Well some posters will be most displeased to note that, according to ASB securities, there is now 1 seller ready to drop 4000 shares at $1.99 a piece!
We should all definitely start losing our minds without delay and spend as much energy as possible pontificating over and debating the matter!
Sky Stadium has got a new name
Te Whare Tapere o Tūārangi
Cool eh
Obviously, maybe they can buy out SKY TV and rename it to
its 8.37am and im surprised you havent commented on the new CFO yet Ogg :D
SKY are definitely dealing their cards in the right order... Exciting times ahead...
as we “lean” into…..
lean is usually synonomous with restructures
Or the more likely scenario: Tom Gordon had a 3 month notice period, with contract signed yesterday and notice handed in to Vodafone.
I think Sky are better off evolving and growing the business in the interim. If (and that's still a big if) a takeover came, the longer it takes the higher the value will likely be for shareholders in my opinion.
Tom is currently Head of Finance for Vodafone New Zealand, and has operated in a range of seniorfinance roles at Vodafone including Interim CFO during the sale of Vodafone to Infratil andBrookfields. Yup it's confirmed, Sky is positioning themselves for a sale.
For the 50th time, there are no mergers, acquisitions or any other kind of deal in the works.
I like the idea of a Sky telco, but for some time now have been saying that is not happening any time soon.
This whole fantasy of yours mate...you need to let it go.
You spent a few days last week trying to show sharetrader what a 'serious guy' you are. Straight up investor! Ha!
I was wondering how long it would take you to fly off the handle again. Turns out I didn't have to wait very long!
It could be things are not looking great for him at Vodafone, after spending 16 years there and he's a Head Of, maybe he's aiming higher, like a solid GM or CFO but he wasn't given that, so he says screw this I'm going over to SKT for a position that I'm promised of.
Or maybe he's not getting along with the politics at VF and just wants a change.
You never know.
Yeah, there could be an endless range of reasons he may leave his current role. Could also be that he has achieved what he wants at Vodafone and wants to do something brand new, where he can take ownership. A Fresh start.
Could be something else entirely, and we can speculate until the cows come home.
But one thing is clear (in my mind)...he has discussed Sky with the leadership, taken a look at the business and what things they are planning for FY22 and beyond...and he likes what he sees. He may be wrong, but clearly he believes there is a solid future for Sky TV or else there is no way he ditches the comfort and certainty of Vodafone for a role at a business that is doomed.
Been reading some of John's old letters to shareholders...man that guy really knew how to write letters that educated you on the business.
Not the stock standard corporate bs you got from Martin and now Sophie. A bunch of words that say "we must do better" and blah blah blah but does not actually leave the reader any wiser as to what is happening with their business.
He reminds me of Buffett in the way he wrote his letters.
I do miss John.
Yeah, he built one of the largest businesses in NZ pretty well from scratch. They were still broadcasting UHF when he first took over as CEO!
Once he saw NETFLIX come in and understood the ramifications of OTT he created a terrific plan to secure sharehodler value by doing the Vodafone merger. Comcom absolutely f*cked him on that one, and I think most people think that was a bad decision in hindsight.
He did make a few blunders along the way, but he got way more things right than he did wrong...and he did always have shareholders front of mind. He would get outbid for rights all the time because he understood the value content had, and would not overpay.
Anyway, I could go on - but I am a bit of a JF fanboy I must confess.
I would welcome him back on The Board. I think it would do the business a lot of good.
John Fellett....a chief exec with very few shares and little financial stake in SKY. It did not inspire confidence.
Just FYI SKY broadband is reducing fee.
As I do not have Sky starter anymore. I am paying $109PM - This is being reduced to $99 dollar PM from 1st of October.
It was just a random no caller ID that informed me.
I assume you should get a discount as well MistaTea
After 30 years the wife saw red the other day,and rang Sky.Repeat after repeat,after repeat,after repeat,after repeat.
Our bill per month reduces from $114.29 to $70.22 for a year.
Be interesting fun seeing if Sky are successful in increasing our bill in a year's time.I have my doubts.
I only watch the All Blacks or Canterbury rugby.
I say BS and once again you're exposing yourself to unintended consequences.
"1. Information-based manipulation
This is where someone says something - or otherwise shares information about a financial product - that they know (or should know) contains information that is false or seriously misleading."
"Market manipulation can happen in internet chat rooms and social media accounts used by those interested in trading securities. Users have to be careful not to post statements about certain companies, or particular market activity, that are not true or that they do not have a reason to believe are true. This sort of commentary may attract the interest of the NZX Surveillance team or the FMA."
Your posts are FOS and contravene the T&C's of Sharetrader website.
Nobody at Sky has said that they have had any conversations about a merger or takeover with Comcast.
It was speculated on in a news article.
Nobody at Sky has said that any merger or acquisition conversations are ongoing with any specific company.
All they have said is they have brought Jarden on to “assess options” and those conversations (with Jarden) are ongoing.
You are damn lucky nobody has reported you for your constant drivel.
I have no doubt you are breaking all sorts of rules.
Exactly nothing matey.
You are not just opining that SNT would make a good for a business like Comcast, and that the benefits are X, Y and Z...
You keep pushing your agenda as though a takeover is a 'sure thing' and that Comcast are specifically the buyers. Anytime any news is reported by Sky contrary to your agenda, you go apesh1t and push the takeover thing even harder.
That is absolutely misleading - because you really have absolutely no idea if that is true or not.
Anyway, you will never change but I do hope you don't push it too far to the point that you do get in trouble.
And besides, apart from 2 or 3 ST users who like to read your messages for amusement purposes, the majority of investors on this forum are well and truly over your nonsense.
Perhaps you are actually just a moron and can't get the difference between a journalist speculating that PE and Comcast are 'tipped as suitors'...and you spreading a narrative that Comcast are definitely going to buy SNT "soon".
I am trying to give you some credit here mate, but when you post things like this it really makes me question your mental state!
Everybody just relax!!!
(joker-why-so-serious.gif)
We are all wound up cos SKT cant trade today or yday, we get it.
facts are, we are all up or close to being up now, so lets just take a breath in…….and out…..
Ogg - I value your takeover theories when they aren't unhinged…. but you've got to look in the mirror and accept that comcast is more than likely out of the picture. Something, sometime, will happen, I'm sure, maybe just not with comcast.
Mistatea - I value your doggedness when it comes to sticking by the fundamentals of the business.
I'm somewhere in the middle of both of these theories, so I value both of your contributions.
Doesn't mean we all cant fit onto the spectrum of reasons why we are invested in SKT (Spectrum being the key word here)
Lets just all co exist!
Disclaimer - I'm pretty sure I hold more qty than both of you combined, for a mixture of both of your reasons for holding.
Fair comments.
To be clear - I am not against speculative discussions around Sky's future direction. I have speculated myself a number of times that I think Sky would be great as a telco for X, Y and Z reasons. I also opine that an acquisition of Vocus or some kind of deal with 2D could be beneficial (both of those telcos currently up for sale).
But I DO NOT bang on about how Sky are definitely going to buy Vocus (or 2D) and that it is a sure thing, will happen soon bro lol. Just wait and see...anyone who thinks otherwise is an idiot. Just lol if you don't agree!
And that is where I think Egg crosses the line. There would be nothing wrong at all if he just opined that a takeover of Sky by a big Content Owner would be beneficial for a range of reasons (I tend to agree that the idea could have merit).
He pushes it way beyond that (and he knows he does)...and that is where I think he is potentially flouting the rules and may land in hot water one day.
No skin off my nose if he gets in trouble I suppose, but just calling it out.
So, 5 cents increments when SKT opens tomorrow?
I'm more interested in the potential dividend pay out....hope 0.20 per share is not too greedy :p
..steps into SKT thread after a few days out of it...WOW.
Chips, popcorn, comfy chair...
You don't have to wait until you sell your shares to leave the thread mate. Just make sure you don't let the door hit you on the a$$ on the way out.
Don't worry honey, mistaTea is still here to bring the conversation back to Sky TV fundamentals...
Taking a break are ya?
https://www.youtube.com/watch?v=Aj9VArxREqY
Hi bro i found a book about you:
https://www.goodreads.com/book/show/...urce=blog_book
Lets focus on the "fake/ real" depth 2 new Sales have been added at wait for it........
8000 @ $3.00
But more importantly someone has put
10000 @ $7.150
Which one of you is playing silly buggers.
What's with this calling for people to be banned/blocked? This isn't China. If people can't tell the difference between entertainment and information then that's their problem.
I'm hoping that the buzz surrounding Sky - both rumours and the very solid metrics - will translate into some positive trading tomorrow. And there's also the property deal bubbling away in the background and the prospect of buybacks/dividends. Good to finally see SKY get it's mojo back -it's been a long time coming.
What is that in the small print. I have based my whole investment decisions around what Ogg has told me to do.
Initially I was skeptical of the effect of share consolidation on investors, but more and more I think it may prove to be a stroke of genius. The optics of a company valued at $2.50-$3.00 per share looks better, the lack of supply puts upwards pressure on SP, EPS etc all look better. Overnight it seems like a new company. And for conspiracy theorists it looks far more attractive as a takeover/merger prospect. Win - win ???
Focus on the fundamentals, anything else around market psychology based on optics or other possible ‘events’ are a distant secondary and just a bonus if it happens.
As John Templeton often pointed out - it is the earning power of a business that will ultimately win out.
This has been my thinking since investing in Sky - although it is taking slightly longer to play out than I initially anticipated! 😅
Some sell orders at $8.69 :O
Speaking of Fellet, this was from the Farmers Weekly last week:
From non-existent to connected | Farmers Weekly
The video version of it. We were lucky in Aotearoa|New Zealand to be blessed with John's capability.
https://www.youtube.com/watch?v=1CddB8OfowI
I would sell immediately, and suspect many others would as well, especially the insto's. He had his time, completely misunderstood the changes in media content delivery and presided over a monstrous destruction of shareholder value.
Let it go, he's gone and finally we have a strong strategy, coherent plans and leadership to take us forward.
https://www.stuff.co.nz/business/ind...est-rate-rises
Sky TV shares remained in a trading halt ahead of a share consolidation, with shareholders receiving one Sky TV share for every 10 they hold at 5pm on Thursday. The shares will resume trading at $2.05 on Friday, having closed on Tuesday at 20.5c each.
“That’s probably going to be quite good for them, I would say,” said Hampton. Sky TV was likely to get a bit more interest as it would not seem too cheap in the eyes of some investors, he said. “It doesn't actually affect the value of the company, but New Zealanders like our shares to be the $1 to $30 mark. Mainfreight runs into the opposite problem. “In America, for example, the more expensive the better as far as those investors are concerned and then Australia’s somewhere in-between, they like to see their shares around A$50 to a couple of hundred dollars.”
A great advertorial by John Fellet but in my opinion he over-sells it.
The dish on his roof is connecting to a satellite disk located at an altitude of 35,000Klm above the equator.
Satellite bandwidth is good but response times are terrible. I wonder what the round trip time is for a packet of data going up to the satellite, back down to the ground station, through the terrestrial network to a server routing through the internet exchange located in downtown Auckland's Sky Tower and the response arriving.
Boop boop de do
Marilyn
Boop boop de do
Marilyn
No idea, but he is able to do Zoom calls by the sounds of things so it speeds and latency must be ‘good enough’.
I don’t think satellite internet will get any traction in NZ beyond people living in the boonies with absolutely no alternative (these properties are relatively few in number and shrinking each year).
Everyone else is or will be well served with fibre or 5G.
Just boo having to go through the rigmarole of setting up another satellite dish on your house if you have an alternative.
You may remember in the recent past television news pregames where the newsreader says "we cross by satellite to our correspondent in London" where the correspondent pauses for several seconds before responding to the newsreaders questions.
Boop boop de do
Marilyn
PS. Off topic, so I will end this thread here.
Never heard of Kicific, it'll be overtaken by Elon's dishy anyway, everyone has a raging hard on for him and his products.
Looking like it will open at 2.03
Ok 2.04 pretty happy with that
AGM up shortly what are the chances we get news before then re property?
Also how good is it to be out of Trading Lockdown
Quite relieved to see investors are perfectly sane and able to see that the share consolidation had no fundamental difference whatsoever on the underlying companies market value. Trading resumed at the same exact market value.
Sharesies showing I'm up 900%, and the value of 100k, wonder how many sharesies investor will sell out on that update.