Originally Posted by
Ogg
The parallels to GME are uncanny.
Essentially, the market was pricing Sky as going bankrupt, which has proven to be false. Hence the "deep value" that's been presented here.
Like GME, Sky also has a dominate market position and good customer loyalty.
The second GME rise (from $40 on the 23rd Feb to $240 today), has been based on GME using it's underlying fundamentals and reinventing itself as a tech company (or so that's what the market has been told). I think Sky can do the same, ie use it's customers and market reach to reinvent itself as a large NZ media and telecommunications company.
However, rather than wait this out I would prefer it be taken over at "full value" and consolidate with a larger player. This is just the trend globally.
Similar to Sky, ShareTrader has a dominate market position and good customer loyalty. However, the ShareTrader software is older than my Skybox! It needs updating and a new strategy put forward.
The HotCopper parent company has a market cap of $100m. There's potential here for this site to do the same. Who ever this Vince guy is, he needs to get things moving along ASAP.