very sorry for your experience with spark, my home phone line with spark since 1995, and always can get help from them if i needed, no complain at all.
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Interesting thing I heard during my time there. Take a guess what Spark's most profitable product is... I'll bet you're wrong...
The answer is. Dial-Up. They were billing a bunch of old people $10 a month for a service that cost them cents to run, talking about 99.9% profit margin.
Yes they'll try and roll out new products, but they're not as profitable as their old ones.
Sparks price is artificially inflated by the buyback that is going on. Anyone know the figures for total purchase to date and amount yet to be bought? I am fully cashed up for now and will wait till this party is over to buy back - hopefully at a much more realistic price.
Dividend plays could be a risky place to be in the medium term. I think more so overseas but perhaps with an economy coming off the boil, not an ideal stock here either.
My rationale for this is that US bond yields are increasing and could be in the 3% range by the end of the year. This is going to put pressure on yield stocks in the US and all other stocks for that matter. Those low growth yield stocks who have been paying 3-4% for the last few years are now at risk of a sell off which will in fact lift the yield of these stocks possibly by a % or 2. The cost of that being a fall in their share price.
Now lets look at NZ prospects for overseas investors. In SPK's case, we have a nice dividend yield of around 6% but a falling NZD and still relatively high interest rates. It looks quite unattractive compared to perhaps this time last year. The sell off for SPK can probably be attributed to a number of things but I certainly think overseas investors selling is one of those reasons.
So with SPK, MEL, FBU etc. being nice dividend stocks for overseas investors, I would say that there are many other attractive destinations right now rather than NZ.
On the other hand, a reduction in NZ interest rates means that there could be an influx of new domestic money into NZX and this could support SPK.
I'm not interested in owning SPK in the short term. I'm not convinced they can continue to deliver profits at existing levels and the problem with that is that even though they may be able to maintain dividend for the next few years, if this gets cut, then you will end up with lower dividend and lower SP.
CallPlus to axe Global Mode to settle legal action say TV companies
http://www.stuff.co.nz/business/industries/69656543/callplus-to-axe-global-mode-to-settle-legal-action-say-tv-companies
Boy oh boy..look at all the negative comments... it seems SKY TV has copped the most flack...Netflix kept away from this court action..a smart move methinks
http://www.stuff.co.nz/business/indu...e-legal-action
Read the comments and learn't about Hola
With the fast changing world of technological progress, creating laws to protect antiquated systems is like cutting a head off a hydra..eh?
Hola is insecure and not recommended Hoop, I would suggest people use Zenmate browser plugin instead of Hola
http://holaunblockerdangers.com/hola-unblocker-scandal/
http://lifehacker.com/hola-better-in...its-1707496872