$6.23 down to $5.87 in one hit today. It's not even ex-div day. I see they have announced they have issued CIP securities. I suppose this means we have all just been diluted? It's more like a game of snakes and ladders than I realised. :(
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$6.23 down to $5.87 in one hit today. It's not even ex-div day. I see they have announced they have issued CIP securities. I suppose this means we have all just been diluted? It's more like a game of snakes and ladders than I realised. :(
Prediction, especially about the future is difficult but I'm not going to let that stop me.
One of the things preying on the markets view of Chorus is the competition threat from a 5G cellular roll out. 5G is something Spark is very gung-ho about and they have a history of trying to bypass Chorus with their wireless internet offerings.
My prediction is 5G will turn out to less of a threat than many imagine. One overseas commentator explained if you want saturation 5G coverage of an area you would need to install a 5G base station on every third roadside pole because of the short range of the radio frequencies 5G uses. This would be a courageous move for a telecommunications provider where there is already fiber to the premises installed.
The push back by the oligarchical hegemony against the leading 5G equipment supplier because of it's association with a marxist despotic govermment will blunt the impact of 5G.
My guess is that 5G would only make sense where there is a large congregation of people and their phones like airport terminals, sports stadiums, and shopping malls.
Boop boop de do
Marilyn
PS I am including the key word < Tiananmen Square > to see if this post makes it past my Huawei optical network terminator.
Chorus is a bit slow in my opinion.
https://www.stuff.co.nz/business/113...one-sales-move
I still reckon most people would not know the difference between fibre and a wireless network. I wonder if Chorus hands are tied by their monopoly status and legislation or if chorus management thinks they can just roll out fibre and wait for the profits to roll in while they sit around with their finger up their date. Wireless is competing with copper and fibre if Chorus has a better product they need to tell the masses and ensure Spark doesn't continue to profit from peoples ignorance.
Lots of securities issued?
https://www.intelligentinvestor.com....hiding-1915721
It seems we are getting more excited about CNU this side of the Tasman than you all seem to be.
https://www.nzx.com/announcements/342317
New CEO announced