looking good for all new time highs hopefully, some people must think like me - cheap stock nice div lol
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looking good for all new time highs hopefully, some people must think like me - cheap stock nice div lol
Their retention and aquisition plays have been very good; Spotify, Netflix, lightbox and 1GB free daily data. Wonder what will happen when the Spotify deal comes up for renewal. It's a major reason many people stay with and join Spark on mobile.
https://www.stuff.co.nz/business/ind...ious-customers
strategy update coming
https://www.nzx.com/companies/SPK/announcements/303375
investor update
- lowest cost operator through automation and job cuts - will offset commoditised broadband and mobile offerings I guess
- more value offerings - point of difference to retain customers
- pg 39 very interesting they have no real presence in any of the categories apart from Qrious so are they going to aquire businesses or grow there own?
imagine they will start up again
https://www.stuff.co.nz/business/ind...rnet-of-things
competition already in this space.
Spark Digital are still bleeding high-margin business customers to competitors such as DataCom, with no end in sight.
And if they were Zaphod either the CEO Spark Digital or Simon Moutter would have been fired or Spark would be out of business.
Which part of your narrative do you need to adjust Zaphod?
No narrative adjustment required, Major. Having worked for Gen-I (now Spark Digital) and having dealt with them for over a decade as a major corporate customer, I am acutely aware of their situation, including their strengths and weaknesses.
Datacom secured direct access to major corporate accounts previously held by Spark Digital, supplying hardware, software and services. Datacom’s strategic focus on the service side of the business allowed them to leapfrog Spark Digital’s efforts.
You should note that several changes to Gen-I's leadership team occurring during this time, culminating in the amalgamation and rebranding of the company to Spark Digital.
However if you care to look at the Reuters report "BRIEF: For the six months ended 31 December 2016, Spark New Zealand Ltd revenues increased 4% to NZ$1.79B. Net income increased 13% to NZ$178M. Revenues reflect Spark Digital segment increase of 8% to NZ$658M, Spark Home, Mobile & Business segment increase of 1% to NZ$985M, Spark Connect & Platforms segment increase of 16% to NZ$22M. Net income benefited from Spark Connect & Platforms segment loss decrease of 8% to NZ$166M." Spark Digital segment increase of 8% to NZ$658M.
That's incompatible with Mr Beeblebrox' assertions which means that dear Zaphod falls into one of 3 categories (a) one of the old dedicated Telecom haters who will never let go no matter what such as Troyvdh who finishes up with unintelligible long drawn exclamations of irrational bile (b) one of the dedicated band of people who have a spouse/lover/friend/relative/neighbour working for one of Spark's competitors (c) an ex Telecom/Spark employee who left under a bit of cloud and is now looking for utu.
Pity we can't reserve this thread for rational discussion....
Massive volume going through over the last few days, equal number of buyers and sellers so SP trading in a few cents range. I don't think Salt will do well with their Short here.
On the other hand as he hasn't offered any tangible facts and the facts published by Spark and Reuters etc in their periodic reports don't show any evidence of Geni/Spark Digital going bankrupt or having a bad time then I prefer to remain calm and rational. Spark will report in August on it's latest results including for Spark Digital and it will be seen then how credible, if at all, Zaphod is.
It is in the nature of normal business, particularly with large enterprises, that there is a certain turnover of customers including large customers. And other customers are brought in to replace them and the overall trend is usually upwards. In Spark Digital's case by 8%. In fact if your existing customers are growing solidly then you can afford your numbers of customers to fall and yet you yourself as a business still grow on the back of growing demand.
I suppose I have been observing/investing in the NZX for about 39 years so far and I have seen and heard a number of loud Wolf! cries about companies from people who are self interested for some reason and wish to make themselves seem more important than they are and to affect the target company to make it easier for their own competitor. Some such people have ended by being banned from Sharetrader for bad behaviour....
When did I state or imply that Spark Digital was going bankrupt, MT? The market for IT services continues to grow but SD is not gaining new business as well as Datacom who have grown their branch network and general IT services businesses very quickly over the past 5-10 years. I suggest you speak with other professionals in the industry to gain their opinions.
Constructive debate about the merits of companies is what this board is all about. What I have observed over the years that anyone who disagrees with the "group think" is often ostracised for 'crying wolf'.
My personal opinion is that Spark remains a solid company, but that there are some significant challenges ahead as the communications business become a low-margin commoditised service, and the corporate IT services business is exposed to further competition by local and multi-national vendors. The continued development & delivery of value added services for consumers and a focus on corporate customers in the SD space are the way forward.
You are welcome is disagree of course.