SKT having a good day. Perhaps this is the reason?
http://www.nzherald.co.nz/sky-tv/new...ectid=11620918
Or, more likely, the news of the pending "tweaking" of the MySky software!
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SKT having a good day. Perhaps this is the reason?
http://www.nzherald.co.nz/sky-tv/new...ectid=11620918
Or, more likely, the news of the pending "tweaking" of the MySky software!
Good run of late. Golden Cross coming up??
My suspicion is the big boys have inside running on this one, there was talk of capital return/special divvy as per an article in NBR last month from memory. Based on fundamentals and industry outlook they operate in, the sp should be no where near where it is.
Oh dear
https://www.nzx.com/files/attachments/234933.pdf
Wouldn't surprise many on here
It is the trend that is important, the trending net loss of subscribers. As pay tv subs leave, are they winning them back on internet tv? No. Are they winning their share of the market for internet tv subs? No. The trend is not Sky's friend, on a low trajectory glide path to obsolescence. A case study in disruption.
declining subscriber numbers will be a fact of life for a company that over-charges for a product past its use by date
That's why I used the SKT example over on the Air thread, the price dropped to $4.11 on a profit downgrade and yet has risen to $5.50 odd since, yet nothing positive has happened to drive the share price to that level,Air is in a better position than Sky long term methinks. Price getting a reality check this morning though.