It depends how much over the top Spark has to pay for the rugby rights to kill them off. Sky is an existing business with cashflows and profits - and production capability.
Or they could just drive them into the ground over time.
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Yeah Sky still has subscriber base, production capability, content rights, and I.P for Neon and Fanpass all of which would be valuable to Spark. But currently the "buy price" is being discounted every month, so Spark will be in no rush.
I don't think much of Forbar but they're infinitely better than moaningstar in my opinion.
I think the Commerce Commission would have a LOT to say about any proposal for Spark to takeover SKT.
Race to the bottom I think.
Maybe if we see some life and it breaks back up through the 100 day MA but honestly I wonder if that will ever happen ?
I think anyone buying here for yield should have a good long think about what the term "Value Trap" means.
Yee Ha...Yippy Yi Yay:D, Just did a double back flip and sold the other 40%. Only had them for 7 bus. days. $7,400 loss and $430.40c brokerage at .2%. ASB Securities ph me yesterday to see if I want to attend an investor day in June for their highly valued clients. Wow, how cool is that.:t_up: Might go if not too busy:cool:.
skt has zero customer loyalty because of there greedy attitude , people will flee in droves once spark cranks up the sport offering
The roll out of fiber braodband another nail in the coffin of SKT.