Does anyone have any news on the Mediaworks Disco deal? The Australian reported that Sky is waiting to pick it up MW if the deal falls over.
Printable View
Does anyone have any news on the Mediaworks Disco deal? The Australian reported that Sky is waiting to pick it up MW if the deal falls over.
Ogg says SKT is two businesses these days
1 - The satellite business was once very profitable is now just somewhat profitable.
2 - The streaming business is currently not very profitable but over time it maybe very profitable.
But Ogg didn’t put a value on the seperate businesses
Maybe he’s right ..the sum of the parts is worth more than the whole.
What kind of multiple do you think Sky would fetch if there were a takeover?
Taleb in Fooled By Randomness had a good story about a dentist looking at stock prices too often. The moral was the more times you looked at them the sadder you'll be .... even if your portfolio is increasing.
SKT since Christmas - 73 down days and 45 up days
So if the dentist held SKT shares and checked its share price each a day there would have been 73 sad days and only 45 happy days (and a few hum hum days)
If he had only checked it today he would have experienced only one sad day (and a really sad day it would have been)
Looks like today is a sad day for most of us :scared::eek2:
This example might not be relevant to you: While I bought PEB at 0.13 few months ago, close FA/TA friends told me I was investing into a black hole, look at PEB's price today? I couldn't believe I sold all at 0.50.... I don't think PEB is better than SKT in term of financial/potential...
Disc: My SKT average cost is 0.158. (did wanted to beat myself up I didn't sell any at 0.19 because it's far from my own target price of the share)
Wonder how much impairments will be in F20?
That’s assuming there are some ...they did hint there would be.
The contrarian in me has taken a position in Sky TV for the first time in 18 years. There is much value left in the business and it is seriously undervalued at the moment. However it is also dangerous to swim against the current so you better have strength.