Thats the part i like Ogg.Will be accumulating as we go
Printable View
large broker
FY20 was a bad year for SKT, with EBITDA down more than 30%. Increased costs, rather than Covid, was a key driver of that, alongside ongoing revenue pressure. FY21 earnings guidance was encouraging on revenue but disappointing on costs. With SKT making the necessary move to a stronger streaming proposition we worry about cannibalisation adding to the nearer-term pressures on revenues. Greater clarity on opex is required, should revenue continue to decline. Uncertainty will remain until SKT stabilise revenue and right-size costs – a challenging transition given competition and SKT’s dual-platforms. Retain Neutral. Target price $0.17 (from $0.16), driven by small upgrade to operating forecasts. Key risks are Covid, competition and execution ability.
Would sky be in a position to outbid Spark for Sanzar rights in 2026 given declining revenues? Surely there comes a point where the ROI doesn't add up.
ASB recommendation update: BUY: 30C valuation
Anyone got Fat Prophets recommendation? They seem to be the most bullish.
Here come the sharesies orders
Lots of buyers this morning...
Last Change Buy Sell Open High Low VWAP Volume Turnover $0.151 https://online.asb.co.nz/ost/Content...ransparent.png0.3* 2% $0.151 $0.152 $0.150 $0.151 $0.150 $0.150 1,014,579 $152,289
Buyers Buy Quantity Prices 1 47,590 $0.151 87 613,625 $0.150 10 139,444 $0.149 10 59,561 $0.148 5 83,247 $0.147 7 67,052 $0.146 10 258,068 $0.145 2 700,000 $0.144 4 211,698 $0.143 2 205,256 $0.142 138 2,385,541
Prices Sell Quantity Sellers $0.152 19,693 4 $0.153 301,000 2 $0.154 54,586 3 $0.155 372,562 6 $0.156 134,914 3 $0.157 48,000 1 $0.158 130,864 3 $0.159 334,356 3 $0.160 252,656 12 $0.161 207,219 3 1,855,850 40