A director at Sky Network Television Limited bought 15,000 shares at 2.720NZD and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last t...
The independent financial analyst theScreener just allocated a lower risk rating to SKY NETWORK TV (NZ), active in the Broadcasting & Entertainment industry. As regards its fundamental valuation, the title still shows 3 out of 4 possible stars. Its market behaviour, however, has slightly improved and can be qualified as moderately risky. theScreener considers that these elements merit an overall rating upgrade to Neutral. As of the analysis date October 15, 2021, the closing price was NZD 1.94 a...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
SKY NETWORK TV.LTD. (AU), a company active in the Broadcasting & Entertainment industry, slightly increases its general evaluation. The independent financial analyst theScreener just confirmed the stock market behaviour of the title as risky. At the fundamental level, theScreener confirms the rating of 0 out of 4 stars; given the more favourable environment, the title's overall rating is upgraded to Slightly Negative even if it remains under pressure. As of the analysis date May 1, 2020, the clo...
Shares in Sky Network Television continue to languish and are now trading at a whopping 50% discount to our NZD 2.50 (AUD 2.40) fair value estimate. Some may urge a reduction in our intrinsic assessment to "follow" the stock price, such an action would be devoid of any rational reasoning. First, the outlook for near-term earnings is little changed. We continue to expect Sky to hit our fiscal 2019 EBITDA forecast of NZD 234 million, in line with management's NZD 230 to 235 million guidance. That...
Shares in Sky Network Television continue to languish and are now trading at a whopping 50% discount to our NZD 2.50 (AUD 2.40) fair value estimate. Some may urge a reduction in our intrinsic assessment to "follow" the stock price, such an action would be devoid of any rational reasoning. First, the outlook for near-term earnings is little changed. We continue to expect Sky to hit our fiscal 2019 EBITDA forecast of NZD 234 million, in line with management's NZD 230 to 235 million guidance. That...
Shares in Sky Network Television continue to languish and are now trading at a whopping 50% discount to our NZD 2.50 (AUD 2.40) fair value estimate. Some may urge a reduction in our intrinsic assessment to "follow" the stock price, such an action would be devoid of any rational reasoning. First, the outlook for near-term earnings is little changed. We continue to expect Sky to hit our fiscal 2019 EBITDA forecast of NZD 234 million, in line with management's NZD 230 to 235 million guidance. That...
Shares in Sky Network Television continue to languish and are now trading at a whopping 50% discount to our NZD 2.50 (AUD 2.40) fair value estimate. Some may urge a reduction in our intrinsic assessment to "follow" the stock price, such an action would be devoid of any rational reasoning. First, the outlook for near-term earnings is little changed. We continue to expect Sky to hit our fiscal 2019 EBITDA forecast of NZD 234 million, in line with management's NZD 230 to 235 million guidance. That...
Shares in Sky Network Television continue to languish and are now trading at a whopping 50% discount to our NZD 2.50 (AUD 2.40) fair value estimate. Some may urge a reduction in our intrinsic assessment to "follow" the stock price, such an action would be devoid of any rational reasoning. First, the outlook for near-term earnings is little changed. We continue to expect Sky to hit our fiscal 2019 EBITDA forecast of NZD 234 million, in line with management's NZD 230 to 235 million guidance. That ...
Shares in Sky Network Television continue to languish and are now trading at a whopping 50% discount to our NZD 2.50 (AUD 2.40) fair value estimate. Some may urge a reduction in our intrinsic assessment to "follow" the stock price, such an action would be devoid of any rational reasoning. First, the outlook for near-term earnings is little changed. We continue to expect Sky to hit our fiscal 2019 EBITDA forecast of NZD 234 million, in line with management's NZD 230 to 235 million guidance. That ...
Nothing in Sky Network Television's fiscal 2019 first-half result warrants a change in our NZD 2.50 fair value estimate (AUD 2.40 at current exchange rate). The 16% year-on-year decline in EBITDA to NZD 128 million was in line with our expectations. All the key operating metrics were devoid of surprises, with the 2% fall in subscribers in the half broadly on track relative to our 3% forecast decline for the full year, as was the 3% fall in average revenue per user, or ARPU, versus our 2% forecas...
Nothing in Sky Network Television's fiscal 2019 first-half result warrants a change in our NZD 2.50 fair value estimate (AUD 2.40 at current exchange rate). The 16% year-on-year decline in EBITDA to NZD 128 million was in line with our expectations. All the key operating metrics were devoid of surprises, with the 2% fall in subscribers in the half broadly on track relative to our 3% forecast decline for the full year, as was the 3% fall in average revenue per user, or ARPU, versus our 2% forecas...
Sky Network Television enjoys a high-margin, highly cash-generative business model, reflective of its status as the monopoly pay-television operator in New Zealand. Its strong financial position and a stranglehold on key content have erected a competitive barrier that others have found difficult to breach. However, that was until fiscal 2015 when emerging distribution channels, facilitated by increasing broadband penetration and adoption, began to allow content owners to bypass Sky Network Telev...
Sky Network Television enjoys a high-margin, highly cash-generative business model, reflective of its status as the monopoly pay-television operator in New Zealand. Its strong financial position and a stranglehold on key content have erected a competitive barrier that others have found difficult to breach. However, that was until fiscal 2015 when emerging distribution channels, facilitated by increasing broadband penetration and adoption, began to allow content owners to bypass Sky Network Telev...
Nothing in Sky Network Television's fiscal 2019 first-half result warrants a change in our NZD 2.50 fair value estimate (AUD 2.40 at current exchange rate). The 16% year-on-year decline in EBITDA to NZD 128 million was in line with our expectations. All the key operating metrics were devoid of surprises, with the 2% fall in subscribers in the half broadly on track relative to our 3% forecast decline for the full year, as was the 3% fall in average revenue per user, or ARPU, versus our 2% forecas...
Nothing in Sky Network Television's fiscal 2019 first-half result warrants a change in our NZD 2.50 fair value estimate (AUD 2.40 at current exchange rate). The 16% year-on-year decline in EBITDA to NZD 128 million was in line with our expectations. All the key operating metrics were devoid of surprises, with the 2% fall in subscribers in the half broadly on track relative to our 3% forecast decline for the full year, as was the 3% fall in average revenue per user, or ARPU, versus our 2% forecas...
The challenges facing Martin Stewart, the incoming chief executive officer of Sky Network Television, are considerable. He will be taking control of a company whose monopoly position in the New Zealand traditional pay-television space has been punctured by the increasing popularity of broadband-enabled, a la carte digital streaming services. It is a structural headwind that has seen Sky's EBITDA decline from a peak of NZD 380 million in fiscal 2015 to NZD 286 million in fiscal 2018, a fall that ...
The challenges facing Martin Stewart, the incoming chief executive officer of Sky Network Television, are considerable. He will be taking control of a company whose monopoly position in the New Zealand traditional pay-television space has been punctured by the increasing popularity of broadband-enabled, a la carte digital streaming services. It is a structural headwind that has seen Sky's EBITDA decline from a peak of NZD 380 million in fiscal 2015 to NZD 286 million in fiscal 2018, a fall that ...
The challenges facing Martin Stewart, the incoming chief executive officer of Sky Network Television, are considerable. He will be taking control of a company whose monopoly position in the New Zealand traditional pay-television space has been punctured by the increasing popularity of broadband-enabled, a la carte digital streaming services. It is a structural headwind that has seen Sky's EBITDA decline from a peak of NZD 380 million in fiscal 2015 to NZD 286 million in fiscal 2018, a fall that ...
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