I still believe the Market is playing this very carefully until they see more proof regarding improved growth in subscription numbers and Strategy.
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I still believe the Market is playing this very carefully until they see more proof regarding improved growth in subscription numbers and Strategy.
I love this comment on reddit...
https://www.reddit.com/r/newzealand/..._sport_bundle/
https://www.youtube.com/watch?v=IUB-wjXUREEQuote:
Streaming is becoming too hard and expensive. Netflix/Disney/Prime all have some shows on each i want to watch but to have all 3 it racks up in cost. Now sport is split between providers...i understand that Spark will have the Black Cap matches but Sky will have the Aussie Cricket series this summer...but wait.... you can combine them now, but you must have a spark internet or mobile connection. ARGGH!All too hard.
I was better off when Sky had the monopoly....
https://www.sparknz.co.nz/
Spark is a word that means life, potentialOn the front page of Spark website.... Spark is a word that means life, potential, energy and creativity, and our people embody this every day as they support our customers and help us to achieve our purpose – to help all of New Zealand win big in a digital world. Welcome to Spark.
and creativity, and our people embody this every day as they support our customers and help us to achieve our purpose – to help all of New Zealand win big in a digital world. Welcome to Spark.
just keeping the conspiracies' alive.
Still no CFO. What the hell is going on...
https://www.youtube.com/watch?v=RqJVa0fl01w
I want an update from Blair. What's this muppet been up to, spending all my hard earned..
The sharemarket makes no sense. So news about Sky partnering with Spark is somehow seen as bad news??.. given the dropping share price..
I feel like I need to change my method of investing, and perhaps start doing the opposite of what my research and analysis suggests to do.
I have no idea why the random jump at the end of last week and then with good news around Spark this week the decline (yes I know America)
Mr Market has confused me beyond all ends over the last 6 months. I will continue holding SKT, aiming for around 3+ years, it would just be nice to see some price increase for once. I guess Mr Market still doesn't see how SKT can cut it into the future.
It looked like quite a few decent size sells went through today. I wonder if the entity buying offmarket was buying today. Building there stake.
The last few times we have had good news. The global market has been down. When they announced results wasn't the US down? It seems like they have a bit of bad timing with there news.
Few here would be happy to admit that SKY is an absolute pig dog of stock, a pariah vilified by the market for years, that has smashed untold shareholder wealth that it's vomit inducing. The SP chart tells you the story and so far it's not going too well is it. Sure, it's tradable for a few pennies and % either way, but not for serious investors.
It stands to reason that SKY really do have to put some serious runs on the board before serious investors (not speculators) will give it the time of day. Many have be seriously burned by SKY. The market has a long memory. Only a comprehensive turnaround in business metrics and sustained performance will lure back the serious investor money. Hoping for a buyout is not an investor strategy, it is a 'hope' for a quick (relatively) speculative upside return. Hope is a poor strategy.
Just saying. Good luck to the speculators, but don't expect to be bailed out by serious money piling in, including a buyout, until SKY reverse the loss of customers and show a sustainable return to obscene revenues and profits. It's really that simple, to say, maybe not so simple to do.
You're on the money with your comments, fortunately most of us that have been around for a while know this. Sky is not a daytrading stock, it's an uncool value stock, that we're taking a contrarian position on.
Guys, don't get despondent. Wait for the big announcements, not the small ones. The advertising market will come back prior to the Olympics, Covid vaccines are on their way, Sport is back on, and the transformation will be revealed. There'll be a financial update early next year. But all of the good news will be in the next annual report. Remember, the longer you hold the less tax you pay. Pay no heed to the downrampers.
And back into the 14's we go. Was nice seeing the 15's for a brief moment in time.
Stock below 15 again.
Back to daily takeover posts...
https://pbs.twimg.com/media/ET6blaOWkAUw2C3.jpg