I still think IFT and Brookfield could be making a play for Sky as early as next week.
Those shares start trading on the 16th. So if you are bullish on sky at these prices you better get in quick.
My opinion. DYOR.
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Sports right are decreasing in value and by the sounds of it Spark is going to divest from Spark Sport. Sky will have far more leverage in negotiations if Spark leaves the picture. I saw another side of Martin in that interview. A more of a tough man/tough negotiator look. Maybe we might be cracking open a dom perignon after all.
Martin presided over a 12c cap raise. Short of running Sky into the ground or a 5c raise, anything he says or does will be an improvement. Suspect this whole thing was also a very stressful experience for the untested and new CFO. Welcome to running a public company, they’ve both come up well short.
OK....so I upgraded to an Apple TV 4K. All seems good. Very good in fact. Sky Sport Now APP runs well. Great to be able to easily scroll back 24 hours. The picture quality looks excellent. I guess we might switch to watching NETFLIX via the Apple TV. I hope this level of technology lasts for a couple of years at least. Thanks to both of you for your comments.
Glad you are enjoying it! I would def use the platform for all your apps you subscribe to. It is just so damn user friendly - Apple have done an amazing job. But I expect no less from them.
If Sky offer a compelling Broadband-SkyGO offer soon...and provided they launch a SkyGo app on appletv...I may even gift my Vodafone TV box to a friend or family member and go back to my AppleTV.
Anyway, glad you can now enjoy Sky Sport NOW the way it is meant to be enjoyed. I am really looking forward to the match tonight. Will be awesome to see a packed out Eden Park. We really are the envy of the sporting world right now.
https://www.nzherald.co.nz/sport/new...ectid=12339766
Yeah, the 'buzz' for rugby is well and truly back.
And that will mean only one thing - a big spike in Sky Sport subs :t_up:
Missing you guys today
Calm before the storm.
Infratil and Brookfield are in final 'crunch' talks with Bowman and Stewart. They have come in with a 25c offer. The Board pushing back hard - telling them they can't possibly recommend an offer below 30c...
Martin looked exhausted in that newshub article. You can't tell me he is that shagged from sport payment reduction negotiations. He would be delegating a lot of that to Tex and Blair.
No, that was the look of a man who has been working round the clock to squeeze out the highest possible offer from Infratil...
Ogg would be so proud of me right now :D
Martin right now
https://www.youtube.com/watch?v=_Yhyp-_hX2s
2:06-2:16 in that Newshub video shows Martin as a man under pressure. But kudos to him he came out strong in that interview. I think he realises that he is fighting multiple fronts. I still see spark and commerce commission as our biggest enemies, followed by main stream media, Winston Peters and the institutional investors.
Too right.
They will be pushing hard for $600M minimum.
I don’t think they could look shareholders in the eye for anything less than $600M, given $150M of that is money shareholders have just invested into the business.
They should be pushing for much more. And if IFT-Brookfield aren’t prepared to pay then all good, see you later alligator.
The market is awash with 12c shares. This too shall pass.
Only a lazy 100m shares has been issued to the underwriters and sub-underwriters who can begin to sell them from tomorrow (16 June) on NZX and 17 June on ASX.
At the 16c they are trading at, that's a nice 33% windfall gain for them - so should be interesting to see if they take the gains or keep the shares for the long haul!