And even better...
News Summary
*DJ Sky Network Television Target Price Raised 17% to NZ$0.40/Share by Macquarie>SKT.NZ
26 Nov 2020 09:14:13
(END) Dow Jones Newswires
November 25, 2020 17:14 ET (22:14 GMT)
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And even better...
News Summary
*DJ Sky Network Television Target Price Raised 17% to NZ$0.40/Share by Macquarie>SKT.NZ
26 Nov 2020 09:14:13
(END) Dow Jones Newswires
November 25, 2020 17:14 ET (22:14 GMT)
Not sure. Macquarie is pretty much the sharpest investment bank here in Aus, so I'd take their opinion over other the international hacks like Credit Suisse or UBS who for example had rated Afterpay at $16. They may have moved their rating up slightly higher when it Afterpay hit $100.
Yes, agreed
Were these the old rating from the time of the capital raise? Forsythe Barr was a joke. Fat Prophets rating of 50c might have been slightly too high.
Any rating from any bank for any stock is a joke
Its not going to be soon mistaTea depends on your context. The pricing is 12 months time which 40cents is believable if they launch things on time and momentum keeps proceeding. If the osb sale goes through in Feb fingers crossed we will not only have half year results but a osb announcement no long after. I'm hoping we have seen the last of the goodwill impairments and the news the broadband will launch in April/May. I was hoping it would launch sooner (like Now). But there's obviously alot more work to do on it at this stage. I would love to join the trial but I have a phone line and the line of phone line may not launch with trial stops me dead.
40cents a share will get the price back to where it was 1 year ago without the cap raise.
End of Q1 of calendar 2021 would be March?
I expect the release to be sooner than that. They are trialling the service with premium satellite subs now.
They want to launch the full offering early next year.
Given they have been trialling with staff for months, and now with satellite subs...no major issues seem to have been reported so I think they are on track.
We will soon find out I guess.
Bumps in share price will be
1. Half year results
2 conformation of osb sale
3 Broadband launch
Share price after all these bumps 22 cents
What's everyone's else's thinking.
Closer to 30c IMO but agree with your trigger points... Sans any Vocus play.