https://www.nzx.com/announcements/371327
Investor Day on 2nd June
https://www.nzx.com/announcements/372604
Investor Day on 29th June
https://i.imgur.com/GQLhgU2.gif
Printable View
https://www.nzx.com/announcements/371327
Investor Day on 2nd June
https://www.nzx.com/announcements/372604
Investor Day on 29th June
https://i.imgur.com/GQLhgU2.gif
Do you mean .... d day
The Vocus takeover becomes binding on the 25th June, that's why they had to move the investor day...
https://i.imgur.com/iMBfbPZ.gif
(warning: the above is just anther one of my wild conspiracy theories dyor )
Now you are beginning to see...
http://nzx-prod-s7fsd7f98s.s3-websit...604/346542.pdf
It does reads like a Vocus merger.
"future strategic direction",
"preferred partner for content"
They'll probably go on about how they can target all the Ocron/Slingshot customers.
It will be lame if MIRA just plans to form a new entity with Sky and not take Sky over. Maybe Sky's value will pop a few cents at most.
Wait and see I guess.
(the above is all my opinion)
Some thoughts...
One possibility is that the date has indeed been moved so that the investor day is after the Vocus shareholders vote on the MIRA deal.
Another possibility is that this is the first official announcement of the investor day. June 2nd may have been pencilled in as part of the previous announcement, but now they have firmed up a date and it just happens to be a few days after the Vocus vote.
You don't "pencil in a date", then go announce that to the market as if it's 100% happening on that date. Otherwise they would have said something like "we plan" or "upcoming". Things are very formal on the NZX. You don't go telling the NZX about your draft dates only to have to issue another announcement every time it changes.
Think about this, just 3 and a half weeks ago they said the investor day was June 3. Now all of a sudden it's a month later with no reason given! There's still 10 days until June 2 so it's not as if they needed extra time to make a few more crappy PDF slides.
https://i.imgur.com/lrxwFQW.gif
What's also fishy is that the buildings were listed in-between these dates. Suggesting that someone was doing due due diligence during this time, and have now decided they don't want the buildings, hence that's why the buildings took so long to come up for sale, and hence why the investor day got pushed forward.
What's the point in having a big presentation on June 29th, then 7 weeks later having to do it all over again with the full year results.
What could they possibly say on the 29th of June that will be any different then what they've already been saying for years now? How to stop "churn" and grow "streaming numbers"? As if they've magically now come up with the answer to that all of a sudden.
https://i.imgur.com/lrxwFQW.gif
Bro, if there isn't something BIG on the 29th June, like a merger or takeover, I'm out of here for good! Seriously, I'm 100% leaving this thread. The 29th of June is the absolute D DAY here. No second chances. It's all in on the 29th for me!
https://broadband.sky.co.nz/
I see they are offering Unlimited 100Mbs plans for $69/month if you are a Sky Box customer.
So getting broadband + Sky Strarter for $94/month. Cheaper than if you get the same bundle with Vodafone TV (they charge $113.98/month and you cannot record all channels). So Sky is about $20/month cheaper and offer an arguably better product. Vodafone customers won't be flooding the call centre with switch requests for $20/month, but it is good to see how competitive the offer is.
Spark's 'Unplan Netflix Fibre 100' goes for $99/month (I don't know of anyone who uses less than 120GB, so for all intents and purposes we can use the top figure of the price range they quote). The Spark deal is pretty good - so it will be interesting to see how many Spark customers who also have a Sky Box switch over. $5/month is no difference at all really, but it is good that the Sky bundle is still competitively priced.
Things will really take shape once they start offering the streaming bundles. Unlimited 100Mbs with a NEON sub for $85/month would be good. Sky are now offering broadband standalone (at a much higher price than if you have a Sky Box) so it won't be long before the next step is taken in streaming.
Also bundles with Sky Sport NOW... and then a Broadband/NEON&SSN Super Saver bundle.
This is why Vocus and Sky need to merge imo. The current low SP makes any negotiations incredibly tricky...but if all parties understand the synergies and long-term potential for gain...I think a deal is possible.
But let's wait and see. Worst case scenario, no deal can be done because relative values cannot be agreed in which case we stick with the wholesale partnership. Not my preferred option, but we will still do fine.
Interesting article:
https://www.scoop.co.nz/stories/HL21...-preps-ipo.htm
2degrees/VocusNZ/Sky merger would be the Holy Grail of the minnows teaming up to take on the Spark and Vodafone.
But will the poor schmuck retail holder see any benefit from a deal like this?
Only one way to find out...
https://i.imgur.com/Ug3JM98.gif