kryptes
23 Jan 2018
Re: CMA "if we only get 10.75, theres no point hanging on "OK, let me have your email and/or phone and I will buy as many shares as you have at the current bid price. I might even offer a small premium.
Hardboy
23 Jan 2018
Re: CMA "if we only get 10.75, theres no point hanging on here for 50p now from todays price"It would be a nearly 5% premium on today's price (let's call it 5% with dealing costs.) If we get the money in 6 months; that's equivalent to 10.25% P.a.I'm happy to sit and wait ; but there is still the risk that it won't happen; and it could take more than 6 months to get the money.
Hopeful Investor
23 Jan 2018
Re: CMA I guess it depends upon how many shares you have and your tax position on those shares.
contrarianstyle
23 Jan 2018
Re: CMA if we only get 10.75, theres no point hanging on here for 50p now from todays price?
El Kel
23 Jan 2018
Re: CMA So now the deadline is May 1st.---------- ---------Yeah...May 1st 2027.
Hardboy
23 Jan 2018
CMA I've not found the CMA response in full yet, but have read the FT bullet points, and the Sky Response. It sounds like it's "Not at the moment" but "if you do certain things we've run out of excuses to delay it any longer."So now the deadline is May 1st.The hold up seems to be the Murdoch's influence on the News in the UK. Didn't Sky say, 18 months ago, if that was an issue they'd close Sky News, which is loss making any way? Companies have made a fortune and gone bust in the time it's taken the Government to review a situation they reviewed in depth 3 years earlier; and still can't make their mind up. At least I can't blame Karen Bradley anymore she's been rewarded for her sterling work with isolation in Northern Ireland! (Thoroughly deserved!)
El Kel
22 Jan 2018
Results Thurs 25 Jan Reminder 6 mth ending 31 Dec results come out this Thurs 25 Jan.Time for some clarity on where Sky is going.
El Kel
16 Jan 2018
Ex div Some small comfort for those PIs holding throughout the glacial-like speed of the govt's approach to overseeing a t/o.Went xd last Thurs 11 Jan; 10p.Sp dropped by the exact amount on the day - don't see it that clear cut very often.
give the dog a bone
19 Dec 2017
don't sell SKY at a discounted price the Disney tie up knocks the Fox deal out ... great coverage by Chris Hughes over on Bloomberg[link] Disney Co.'s $52 billion deal with Twenty-First Century Fox Inc. should put Sky Plc's board on alert. The U.K. satellite broadcaster needs to be ready to fight for a better offer than the 11.7 billion-pound ($16 billion) bid Fox made last year.The situation is highly unusual. On Thursday, Rupert Murdoch's Fox agreed to sell most of its business to Disney. So having made a takeover bid for Sky, Murdoch is now breaking up his film and television empire before the first acquisition is completed.The Disney-Fox deal won't void Fox's obligation to press on with its Sky offer, should U.K. regulators approve the takeover. They are due to rule in March, long before the Disney-Fox deal would complete.But Disney's intervention does create alternative scenarios that Sky's deputy chairman, Martin Gilbert, must weigh carefully.Suppose Fox's offer for Sky wins clearance from regulators. Investors then have a bird in the hand -- a firm offer worth 1,075 pence a share. There is one scenario, albeit highly conditional, where that would no longer look so attractive.
Mark Y38
19 Dec 2017
Re: HL comment I read this article and was appalled by it. It was basically the same article they pushed out months ago although they did add the usual line "It is not expected that Disney's proposed acquisition of Fox will impact the deal."It says "The deal still has hurdles to clear, but conditions are less hostile this time around. Politicians have bigger things on their minds, namely Brexit and an ***impending election***, while the Sky board support the deal." so obviously written in the run up to the election last year and that original release was wrong in its assumption as we have seen that Karen Bradley IS hostile to it.It then goes on to talk about how it is a good idea for Fox to own all of Sky which now is rather moot as it should read Disney. I was very disappointed in Hargreaves Lansdown or, more importantly, their news feed sources as all this stuff comes out from the central companies and is just branded by the companies that actually send it out. They just regurgitate the same old rubbish and call it research - most of it is just company media releases. This one was just a repeat of an earlier one and things have moved on since then. I pay a lot of money to H/L and expect better.
El Kel
18 Dec 2017
HL comment Short piece on Sky from Hargreaves Lansdown.I confess that I'd forgotten about the small div if no deal agreed by 2017 y/e."Sky - A stronger start to the yearWhile the deal has not yet received regulatory approval, the acquisition is expected to complete in the first half of 2018. Sky will not pay a dividend in this year, but should the deal not complete until after the end of the year, Sky shareholders will be entitled to receive a special dividend of 10p per share, payable in 2018. Should the deal fall through, a break fee of £200m will be paid to Sky."[link]
Mr Shortie
17 Dec 2017
Comcast Bid ? Word is out that Comcast may bid for Sky and upset the Disney deal.Interesting to see if the share price increases with another "rumoured" bidder, although Comcast may wait to see if clearance is given for Fox to buy the 61% of Sky it does not own.
Self made hedge operator
15 Dec 2017
Re: SKY and BT agree cross supply of TV chan... Announced the day after the Fox news.A good step to clear the decks for merger clearance.Takes away concerns about access to channels after the takeover. With Disney due to be the final owner, can't see why this cant be completed in Q1.
cimbom
15 Dec 2017
SKY and BT agree cross supply of TV channels SKY and BT agree cross supply of TV channels:Under the agreement, SKY will receive wholesale supply of the BT Sport channels enabling SKY to offer its customers access to every single match of the Premier League, the UEFA Champions League and Europa League shown on Sky and BT channels through one simple Sky contract.This will be the first time SKY is able to provide BT Sport to its customers directly as part of a Sky bundle or on a standalone basis and across all Sky platforms including Sky Go. BT Sport will also be available as an app on NowTV boxes.SKY will make NowTV streaming service available on the BT TV set-top-box. As retail agent, BT will sell NowTV on Sky’s behalf, offering BT TV customers access to NowTV’s most popular content including Sky Atlantic, Sky One, Sky Living, Sky Sports and Sky Cinema.It is expected that these new services will be available to customers from early 2019.
cimbom
14 Dec 2017
F.C.C. Repeals Net Neutrality Rules Now that the price of high speed broadband may skyrocket in the USA and is already very high in the UK, satellite looks like the best solution for high quality viewing. [link]
