Always use to pump out the free cashflow.
Hmmmmm…..
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Will be an interesting day for Sky sp today
The question will be how much slack will their current shareholders cut them ? I suspect this will be based on an estimation of when they might be able to turn things around and re-establish their dividend. People who need the dividend and have a well diversified portfolio can accept 1 or maybe 2 periods with out a dividend. Beyond that, they will be evaluating whether to hold them pretty carefully. The competition from Spark and others….the way they have annoyed some of their customers....they've got a tough road ahead. Can they turn this around in 12 months ? Doubtful IMO.
Disc: Not holding but do monitor as an interested ex-customer.
SKT dont hold a lot of debt and if the SP tanks, there's a good business case to get acquired by one of the bigger fish out there
The future looks bad. The product is average at best. Sunset company. You can use Google to get realtime content for virtually no cost. Even watered down Netflix is better.
Only Baby Boomers have subs? What is defensible...?
hmmm not sure this the best use of money promoting the brand?
https://www.nzherald.co.nz/business/...ectid=12260880