No didn't pay for the new box. Old one worked for a while (no record, no guide, no pause etc) but since then completely kaput.
Printable View
Safe to assume no update now until the AGM next week?
bid was too low: https://www.nzx.com/announcements/421232
Told to bugger off ……..There will be another offer …one day
Sophie keeps her job
http://nzx-prod-s7fsd7f98s.s3-websit...232/406653.pdf
Balance you sold the top last week right?
Todays AGM addresses and presos
http://nzx-prod-s7fsd7f98s.s3-websit...276/406699.pdf
http://nzx-prod-s7fsd7f98s.s3-websit...276/406700.pdf
http://nzx-prod-s7fsd7f98s.s3-websit...276/406701.pdf
http://nzx-prod-s7fsd7f98s.s3-websit...276/406702.pdf
2024 guidance unchanged.
..............
1. Wonder how much this being a year with both Cricket and Rugby WC makes a difference.
2. "FY24 - Roll out new Sky experience"... worrying.
3. Why are they in a "significantly improved rights negotiating position"?
Presumably the directors can no longer buy or sell SKT shares, unless they disclose to other shareholders the price and conditions, at which the offer was made.
“Yesterday Sky received an updated NBIO from the third party (which remained highly conditional and non-binding), proposing a transaction at a value range which falls short of the Board’s view of the fair intrinsic value of Sky and, based on recent unsolicited feedback, the view of a number of Sky’s institutional shareholders”
Reading that release, I am supposing that the SKT board was happy for details of the offer to be revealed to certain large shareholders who gave the “unsolicited feedback” but not to individual shareholders.
Don't need to know the offer to give unsolicited feedback about fair intrinsic valuation
Wonder if MT can give intel on what has unraveled?
I am not privy to any inside information, so no no intel from me.
All I will say is that I was critical of them releasing to market that they had been approached when, according to the board, the discussions were very early.
You don’t do business that way - get the punters excited to pump the price so that the bidder will walk away.
The Board, Sophie et al keep their jobs this way. But who would ever want to put in a bid to buy sky now? If this is how they will treat you?
Anyway, onwards and upwards. If they can’t sell the business for whatever they perceive intrinsic value to be then, if I was an owner, I would want to know what the (good) plan is to diversify revenue streams.
In the meantime, satellite base will continue to erode in favour of cheaper streaming options.