i cancelled a mth ago they offered us my sky half price to stay - i said no sick of being ripped off so no thanks - took them 15 yrs to offer me something.
anyway price is still overvalued i reckon on forward cashflows
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Will this be a buy consideration at $2.50?
Thank you.
My new mantra: downtrend, blockbuster, netflix, Om.
om
əʊm,ɒm/
noun
[COLOR=#878787 !important][/COLOR]
- a mystic syllable, considered the most sacred mantra in Hinduism and Tibetan Buddhism. It appears at the beginning and end of most Sanskrit recitations, prayers, and texts.
I got back on the horse a while ago just as a little indulgence over the colder months and get basic, movies, Mysky+ and high definition for about $80 a month.
The main channel I watch is CNBC the world's leading business channel. I think ~ $50 a month is a complete rip off for the basic part of the package but I think it just earns it keep for me in terms of keeping me abreast of international business matters.
The movies at ~ $20 a month is probably reasonable but I object to paying another $10 a month for high definition which is really just standard definition these days, Ultra high definition is the new high definition in my opinion. I might spit the dummy with them as we get closer to summer and I get out and about more...
No way I'd own the shares even at $2.50.
My thoughts on how Sky might become a bit more relevant again. Drop the basic package, make Fan Pass a fair price, and allow people to build their own plan online.
They've got good content... a turnaround is possible in the future but need to see some bold moves from the company.
Article: https://www.thestockpickerau.com/sin...-Letter-to-Sky
Johnny boy maybe trying to show the market his own confidence in the company by buying 150k worth of shares. Unfortunately, he's already down on his position by quite a bit. It comes off disingenuous really..
This has all been predicted for at least 2 years on this thread. Thank goodness for Sky there are not that many shorting options available in NZ.
CEO has done nothing except for try to secure their monopolistic position by trying to merge with a phone company.
Sky Basic Package - Complete Rip Off yet most profitable part of the business (see the problem?)
Sky Sports - the jewel in the crown - until it is not
Fan Pass - was too successful so they took it away
Neon - is more expensive than Netflix and unstable.
Is it too late for a fresh forward thinking CEO to take the reigns?
It's going to be great when Sky go bust and everything will be free.
OK, the Sky box will have gone and I'll have to get the old VHS recorder out of the garage, but that's no problem.
And we'll get terrific coverage of all sporting events on free to air just like when ITV took over the soccer in the UK. It was great...
Oh, just a minute, no it wasn't it was absolute shi*te. Mmmm?
Don't hold but happy with my sky box and especially Premier League coverage on BeIn sports.
Despite a "decent" 12.5c dividend...this stock is struggling to hold its ground.Wonder what this stock's price will be when it goes ex dividend..any guesses?