Nice Tui quote there Master98, you can't figure a cap out you just have to suck it up:cool:
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Great stuff for day traders. I've been in and out of SPK four or five times in the last month and the buy sell differential is great - sometimes a bit too much. Was to sell today for 295 for a good profit but stuck the extra 2cents on to 295 because I had to go out. Got back to find mine gone at 297 - had I been here I probably would have played for the 290.5 finish but thems' the breaks. now I need to buy back at 294. Xmas is paid for already
Fantastic.
Just holding onto mine. Bought in at 2.29 and have reinvested dividends over the last 4 years.
https://nzx.com/companies/SPK/announcements/258720
I have to say Spark price changes are very fair for both shareholders and customers.
Another great reason to speed up the deployment of VOIP on UFB plans! Although these pricing changes pricing do not effect UFB plans, Spark must be incurring additional costs for the copper phone-line connection.
good point Birman. That logic has served this company so well for almost ever. Good on you hope you make. Heaps
Spark could catch this comcom ruling train and making more money.
Spk is now higher than just before com com ruling. Crisis over, everyone go back to sleep
I hate this...I really do...but birman ...what does "lend a little "...actually mean.Again I hate this and I will probably regret this post.
SPK not suppose to revise their FY2015 guidance as ComCom final pricing ruling will not happen until September 2015, the backdating will not as earlier as December 01 2014, all looks good.
Chorus plays down court claims
http://www.stuff.co.nz/business/indu...n-court-claims
Has anyone else with Spark ADSL noticed that your IP address is now being changed regularly. I'm almost sure that IP address used to be stable unless you restarted your router, and even then you would usually be served the same IP as before the restart.
If you are using Netflix with a geo-unblocking service like unblockus then the changing spark IP makes it necessary to reset unblock-us each time you want to view Netflix.
Obviously this is inconvenient for user. I hope that this isn't a deliberate strategy by Spark to make it inconvenient to use sites like unblockus and hence to drive customers to lightbox in prference to Netflix. I would imagine that wouldn't end well for Spark
I highly doubt this is the case, if your IP is changing more regularly and you're not being disconnected I would expect there is an operational reason behind this. I can think of a couple off the top of my head but, that's another topic. :-) To solve your Netflix issue though, you can request static IP addresses for a nominal monthly fee & some providers even offer them bundled with the plan.
Ex CEO Theresa recognised in the New Years Honours ...pretty high up the peking order as well
Good woman that Theresa .....well deserved
She off to Cambodia next week as well ....seeking out something for spark maybe. Or have they washed their hands of her?
Lest we forget Spark wouldn't be where it is today if it wasn't for Theresa
Gattung presided over a massive destruction of shareholder value during her tenure, from a high over $9 in 2000 to $5 in 2007. Her legacy was followed with the share price continuing down to the $1.80s'. Today, Telecom, the once great stalwart of shareholder value returns is 'Spark', just 'one of the retailers' and still languishes under a paltry $3.
Baa Baa...I'm sure Teresa will find 'three bags full" as a complimentary sample for you. Remember the value of a dollar has no stability....the value lies in the % yield return on your capital and Spark has done well for many investors. Like any investment it needs and (needed) to be managed and tweaked regularly. Buying "high" and passively watching is not going to get the job done that's for sure.
Sadly, the vast majority of Telecom investors would have no idea about 'managing and tweaking investments', they buy a Telecom because it reliably paid dividends, however they also got with Gattung at the helm, a distressed company haemorrhaging their capital value. Clearly none of those investors are deciding the honours list LOL.
Gattung got a gong for services to NZ business and philanthropy. She was well paid by shareholders for doing the job she was paid for when CEO of Telecom. It is so much easier to afford the time for philanthropy when you have money and wealth. Perhaps the real philanthropists are those who have struggled financially yet still give time, effort and limited resources to help. They are true companions of honour.
The government sold telecom to American investors, who made a killing. The Americans got out and sold to many NZ mums and dads, who suffered capital loss as the government then decided that regulation needed to be toughened. All in all a negative influence on encouraging a NZ shareholding democracy. Maybe Gattung got an honour for being paid to be in charge of a hot potato?
The writing was on the wall for Gattung at Telecom when she admitted that their pricing plans were designed to confuse.
I don't think that is the case, our last IP reset was on 18/11/2014. I did have about 2 different IP changes within 1 week before 18/11/2014, but they were probably doing upgrades to the network which usually happens about 1am in the morning. I checked our IP address every couple of days to make sure I exclude our IP Address from Google Analytics data for my eCommerce website.
http://www.geekzone.co.nz/sbiddle/8763
Some media rumored Vodafone will exit Australian market, and New Zealand market as well.
As a very long standing investor in TEL/SPK I beg to differ.
Theresa Gattung chose to take the Government on, stupid, no company can take the Government on! As a result we the TEL investors were severely crunched!
Also, have a look at her qualifications - Political Science! That's rubbish for the top job at TEL, preferably you needed engineering, accounting, economics.
She's not a saint, just a moron. What TEL needed was a Paul Reynolds/Simon Moutter combination not Theresa Gattung!
You are probably right, probably just something strange with my connection. I've moved to Orcon as it seemed easier to do that than to try to contact Spark to get a solution. These days, you can't just pick up the phone and talk to them, they are too modern for that, and I'm a modern kind of guy, but generally I'd prefer to steel myself and make one (usually long) phone call in these situations. Spark doesn't even have a phone number on the website anymore (at least not one that I could discover). Anyway, it's only a couple of residential connections for them, doesn't matter I guess.
new highs, nice must be in anticipation of nice div coming
Well this was an interesting announcement...
http://www.nbr.co.nz/opinion/spark-o...ng-life-rivals
They should just stop lightbox now. Sky already has a better option and netflix will crush it once it launches here.
IMO there is room for a couple of major players in the market. What we see in the US domestic market is that Netflix has around 1/3 penetration of all homes, with (according to some reports) over 60% of those homes having subscribed to multiple streaming services.
another new high today
Enjoying this run immensely
I take it not too many of us are holding Spk? It seems to be the best show in town at the moment
I think its doing pretty well given the large falls on overseas exchanges overnight, the lower NZ dollar against the US would help overseas would be investors in Spark. Maybe there's a bidder in the wind (and I don't mean Zerocommission) Telstra?....
My holding is now worth several hundred thou :-) , A toast to the confusion of McDunk and Troyvdh.
That's some serious cash, major. It's been a great month.
The current price looks way overcooked to me considering there may be a forecast earnings downgrade coming due to their recent price increases not making up for the extra they have to pay CNU. Disc- Have been in and out but leaving well alone at these prices, let's see how long the NZX keeps cooking at this rate before the temp is turned down. If your a long term holder then congrats you have done well:cool:
I had a sell order at $3.4 but cancelled. will close watching tomorrow, but surely i am not a long term holder.
Given 6% growth my current valuation is 3.72
I think Moutter is a good manager and maybe that 6% figure could go up.
Where's Craic? He's been strangely silent over recent weeks. Hope he wasn't caught out selling during the recent surge in price and missed an opportunity to buy back in again.
I haven't participated in all his buy/sell activities but as a long term holder with average cost of $1.79 I'm very happy with the current SP.
Me too. Ave buy price of 2.29 not counting reinvested dividends. Mind you, I need this to make up a substantial whs loss. Not all sunny in my portfolio.
Yes, sensible advice. I did sell a small parcel over the last few days - but I decided to put the money into another much smaller, Wellington based telecommunications company :)
I love these little immature hysterical panics. Some silly news media piece taking fright at Spark going up and all the Mums and Dads bail out, blissfully ignoring the differential between SPk's gross dividend yield of 7.1% +and the interest rates you can get on deposit.
exit today at $3.48, so stress to hold this stock, looking forwards to next entrance, think support will be at $3.25, if break through then will down to $3.10.
Spark buys services from Chorus, so if Chorus goes up Spark goes down and vice versa.
Obviously something happened yesterday or late the day before because Chorus has gone up and Spark has gone down.
It's supposed to be NZX's job to ensure that the market is fully informed so what's been happening in Chorus v Spark? I see on the CNU thread something about ComCom extending its deadline for settling CNU until Sept. Has that caused this up CNU down SPK?
NZX? Hello? Hello? Anyone home? How about a please explain to both CNU and SPK?
I agree, no big deal. My god, spk is 3.30, that's fantastic. There's dividends and great capital appreciation aplenty.
I love you spk, even if you have dropped 5 per cent in a day. I mean it, I honestly love you and your free lightbox. Sleep tight sweet telco you've worked hard this week, so very hard *kiss*
SPK has just announced about "the formation of a new fibre construction joint venture with Vocus Communications where they will acquire 50% of the new company, which is to be called Connect 8. Vocus and Spark New Zealand will be equally represented on the joint venture board and receive equal distributions of profit. They will continue to work with Chorus as they currently do, but it will mean they now have other options to deploy fibre, albeit on a much smaller scale".
Hope this bodes well for the company. Your thoughts?
Was speaking with a family member who works for spark. He told me spark are looking to start construction and building there own network because Chorus are charging far to much.
I wasn't sure about it at the time. but it seems this company could be the catalyst for that. Having there own Fibre connections would allow spark to be more competitive in pricing and make more by not forking out disgusting sums of money to Chorus.
From my IT background it is a sound plan but couldn't it lead telecom to be regulated again by the comcom? even thought they already should be in my opinion. Spark is the only company I wont invest in out of my disdain for the company.
Just a shame they are the only teleco making the big bucks.
Very interesting. I assume Spark would initially use this new venture to provision connections to specific commercial customers in much the same way they did with Chorus was an integral part of Telecom. Ironically, they would risk regulatory intervention if they were seen to complete with the UFB rollout due to the investment central government has ploughed into this project.
what's up today! down 13.5c because mobile network was troubled or HY report is looming?
none of the above. Warren Buffet and other experts have clearly stated that a major downturn or crash is imminent. Look around, contact Energy have their report next week and they are just as far down. Overeas investors are cashing up and this has a radical effect on tiny markets like ours. The world we live in is close to the edge of several disasters - wars or the like.
What I'm hearing is that SPK will report a tad better on all fronts. If that come to pass, then maybe you'll really worry or you may not :)
The secular fundamentals have been showing Wall St being overvalued for the last 2 years (embarrassing some guru commentators into sounding like Permabears/Dr Doom) and this 6 year old Wall St Bull market is now starting to break records..but it keeps on going and going and while it does its "thing" the Equity world is a happy place,,abet..a more nervous one as time goes on..So while the equity party is in full swing it pays to stay connected with that market using bull market investment strategies such as buy & hold or short term cyclic trading buy in the dips sell at the crests..Slight portfolio losses when a cyclic reversal is identified is not a portfolio capital loss problem...it is what the investor does with their portfolio after the reversal happens..
Re: SPK..Yes I've noticed sudden overall investor exits too especially after sudden forex movements...I agree this could be foreign money exiting but it could be argued that the sudden upswings could be foreign investors returning..The OBV on the chart below shows a new uptrend (last 2 months) suggesting investor accumulation (buying) is larger than trading distribution (selling)...Also the candlesticks show SPK's volatile daily price movements are common therefore these recent noticeable swings are not out of the normal occurences...As with large liquid companies it's probably trader noise
Yep..SPK been in a bull market cycle since Sept 2013 commencing after a long 9 month (Dec2012 - Aug2013) flattish complex double bottom pattern period...It has risen over 50% since then and as with all bull market cycles there has been corrections followed by rallies within this uptrend pattern..
This upward channel pattern is still intact therefore the bull cycle has to be assumed as still operating..
http://i458.photobucket.com/albums/q...2012022015.png
So, using your ultra-sophisticated "technical" analysis package Hoop, what will be the price of Spark when the NZSE opens next Friday morning?
Maybe that's too hard and you'd prefer to say it will be somewhere between $1 and $5?
He's thinking about it and will get back to you...soon...needs to replace one of the circuit boards first.
https://encrypted-tbn3.gstatic.com/i...FfcN_VP0xFjwzs
http://www.stuff.co.nz/business/indu...dividend-hopes
Interesting article. At least if the price drops I'll get to buy more shares through the DRP. I like to look on the bright side.
Edit: and another article saying things might be getting a little ahead of themselves. I have TME, SPK, and GNE reporting in the next few days - if the bad news rolls in I'll quietly chant "In for the long haul and my bonus bonds have earned me nothing". Don't think that will help.
http://www.nzherald.co.nz/business/n...402475&ref=rss
I don't know, my trading skills are pretty poor. I just buy and hold now and reinvest dividends. I have an average buy price of $2.29 and have been reinvesting through the DRP for the last 3-4 years. I guess I'm going to have to sell one day but at the moment I'll wait and see what happens.
Guessing a solid result, approx 6% increase in underlying NPAT, div up from 8c to 8.5c, heading for 18c FY, or 7.5% GY on current SP (more ex-div).
Value guess: 3.61
Chart says don't sell, much as I'd like to.Attachment 7069
Sharpened up the chainsaws, drop a couple more trees and get stuck in from first light. With the Contact bombshell and the dire predictions from experts on the markets overall, I don't expect a lot from Spark on Friday? and I think that a seige mentality is the best option. It would be nice if I was wrong but it's a nasty world out there at present
http://www.nzherald.co.nz/business/n...ectid=11403583
seems most brokers or analysts down play spark, i treat it as good sign, let's watch tomorrow's show.
Here it is .....http://www.nzherald.co.nz/business/n...&ref=nzhbiz_tw
SP is good opportunity now ...will be up in 3.30's soon....IMHO!!!!
A quick read of the results looks pretty good to me, with an increased dividend to 9cps fully imputed :-) Haven't much time at the mo -
anyone spotted the ex div date and div payable dates?