BSkyB Share Discussion Threads

[lucky_punter] 01/5/2014 12:17

BSkyB gets Game of Thrones boost
By Jamie Nimmo

Box sets such as 'Game of Thrones' and '24' have seen a fourfold increase in viewing, pay-TV giant BSkyB (LON:BSY) revealed in its third quarter results statement.
Viewers are getting hooked on big budget television series produced by US networks such as HBO, with which Sky has a partnership.

[miata] 01/5/2014 09:02

BSkyB added 74,000 net new TV customers in its third quarter, more than double the growth it recorded last year, as it shrugged off the competition from BT.

BSkyB, which provides pay-TV, broadband and telephony services, reported nine-month revenues up 7 percent to 5.7 billion pounds ($9.62 billion), in line with forecasts, and earnings per share ahead of forecasts at 42.2 pence.

Operating profit fell by an expected 9 percent because of the increasing cost of sports rights.

[undervaluedassets] 01/5/2014 08:14

As ever great results (was there ever any doubt?).

highlight for me added 810,000 broadband customers in a year.
broadband is the key battleground

growth accelerating in many areas.

And pushing out into new markets Skybet Skygo etc etc.

[albany30] 23/4/2014 12:07

Those who have BTs service aren't watching it, BT TV boxes aren't selling, BT sport customers think they're getting free CL football and aren't and BT have no long term strategy (or budget) to remain in sports broadcasting . . . things might become substantially worse for BT in 2014 and 2015. The complete absence of any positive RNS is symptomatic of an AIM style share, run (or at least previously run when they over committed on CL rights) by a group of amateurs who are out of their depth in the market they've tried to jump into yet still felt able to do a lot of shouting about how they will eventually control said market.

[pierre oreilly] 23/4/2014 09:46

It doesn't take much to realise that over the next couple of years as the premium content (CL being the main one) BT has acquired from Sky actually switches from being broadcast by sky to being broadcast by Bt, then Sky's figures for that element will decline from what they would otherwise be, and BT's will rise. To me, such figures are very much a third or forth tier considerations, with revenue and subscriber numbers far more important. Apart from BB bravado, most sky shareholders (just like the covering analysts) will in reality see the effect on revenue of the two parties of the premium content transfer - hence the recent lowered 600p price slapped on Sky recently by HSBC. We'll soon get broadband subscriber numbers from BT which will be at record levels - I wonder if Sky will be as willing to release their year on year (broadband and premium sport) subscriber numbers.

[undervaluedassets] 23/4/2014 07:51

The real point of Concern for BT is that those that have their service are increasingly choosing not to watch it. They have signed up for it (it is mostly free for fibre customers so why would you not?) and then they are not watching it.

[pierre oreilly] 22/4/2014 17:43

UVA, not sure of the value of viewing figures for bt yet, it hasn't really got established yet. But here's some info which should be of interest to you - the latest broker rec from just a couple of weeks ago, with a 600p price target from hsbc (that I suspect is fair value at the moment, distorted due to the daily buybacks absorbing the sells, but the likely price it'll fall to when the buybacks stop imv) ...

HSBC said that fears about the upcoming auction of Premier League rights are likely to resurface following the stock's recent rally. The bank kept an 'underweight' rating on the broadband and pay-TV group, while the target price for the shares has been cut from 610p to 600p.

[albany30] 22/4/2014 12:13

BT have no Premier League football in the run in to the closest season in years, which will significantly impact their potential advertising revenues too. There must be an outbreak of clammy hands in BT right now as no advertiser will take BT's word on pricings for CL space next season - the advertisers will get the space for a song compared to BSY and ITV rates (mainly as viewing figures will be well down).Sure BT's 'free' CL coverage will be officially revealed to be a monthly charge of £10 to £15 in July or August. No other way given the obvious panic within BT at their (lack of) strategy.After that, they'll scramble to offer any sort of deal for PL rights coverage based on BT Sport's kingdom being built on sand.

[undervaluedassets] 22/4/2014 10:23

according to BARB BT's viewing figures crashed in the week commencing march 30th.

Just 3 mins watched of BTtv in total by the viewing public out of the 25 hours of tv watched per person nationwide in that week!

3 minutes - that has got to be a worry for BT. In addition It would appear that even those who have subscribed for Bt sport are not watching it but choosing to watch other channels instead.

hxxp://www.barb.co.uk/viewing/weekly-total-viewing-summary?period_year%5B%5D=2014&period_month%5B%5D=3&period_week%5B%5D=23&button_submit=View+figures&period%5B%5D=201403060123.

Skys numbers were very strong with Sky sports 1 numbers well up in particular.

Meanwhile well over 2 hours of BSY were watched.

[pierre oreilly] 22/4/2014 09:37

So there was a buyback on Friday, and even then bsy missed out on the general market rise. And Murdoch offloaded more.

But why do sky have to support the price (almost daily, for months) if the business is doing so well?

[dmf] 22/4/2014 08:34

Nice open - positive - (BT lagging & will continue that theme !)

[albany30] 21/4/2014 23:35

Bizarre, quite bizarre. So is Gene Savin also Pierre? Has Rodney set up a new name to pretend to have someone to engage with on here? Either way, preferable if both Pierre and Gene took the hint and stuck to boards where they actually have something invested. No idea why BSY had attracted such weirdos, go and stick to BT.

[pierre oreilly] 17/4/2014 17:08

Looks like bsy is running out of steam even with the buybacks. A tiny rise on such a good day for the market. I'd be worried if there were any buybacks today - if the buybacks aren't keeping pace with the sells on a good day...

[genesavin] 16/4/2014 15:56

Pierre lad, I'm worried .... you a Billy No Mates??!! Checking your posts, everyone seems to consider you a right plonker .... that where the name Rodney comes from??!!What's gone wrong lad??!! Why won't anyone listen to you LOL??!!See you're touting National Grid as the next ASOS bud??!! Yer portfolio must be in the pennies now though lad, best hold on there!!!Yours helping Pierre through a very difficult time,Uncle Gene

[pierre oreilly] 16/4/2014 15:41

HSBC said that fears about the upcoming auction of Premier League rights are likely to resurface following the stock's recent rally. The bank kept an 'underweight' rating on the broadband and pay-TV group, while the target price for the shares has been cut from 610p to 600p.

[pierre oreilly] 16/4/2014 10:41

Looks like the (literally) insane poster called Albany has got himself a new handle, Genesavin. Tres subtle.

So I'll simply filter Genesavin just as I filtered albany all those months ago and hope his obsession fades with time.

Go and see your GP Gene.

[pierre oreilly] 15/4/2014 13:00

Reply to dmf containing a lot of sky info ...

(BT)Momentum is in upwards direction - any dividend increase may just exceed inflation - market is positive BT !

Hey, we can all write vacuous posts devoid of analysis or insight which mean nothing.

No problems with you being bearish on bt dmf - I just wish you'd show some realistic and rational analysis to back up your views instead of empty soundbites.

For example, I'm bearish on sky because

- the price is being supported by daily buybacks on an unprecedented scale and will therefore fall dramatically when the buybacks stop (easy to see from the usual daily price variation - it drops until the buybacks for the day starts and then usually rises from its lows)

- the price support buybacks for sky are, imo, to stop a crash due to the competition from BT for sky's premium products (which they are currently losing to BT)

- sky's free cash is being eaten massively by the price support, reducing flexibility and increasing risk in its busines operations

- there are plenty more, but at least those indicate what reasoning and thought processes go into forming an opinion (whether correct or not), unlike your simple assertions based on nothing at all.

[albany30] 11/4/2014 17:20

When the markets settle down again - though unclear when that will be - BSY will head back up to 950 again. Should be more re ratings (not that I put much into broker views) along the way.Fairly blunt day across the stocks though.Have to agree with DMF re BT, 350 is not a realistic buy now.As for Rodney, dear me. The poor plonker is obsessed with BSY, like some window licking village moron who nobody listens to!

[pierre oreilly] 11/4/2014 10:26

Price going down the pan - even after massive and ime unprecedented buybacks. Any guesses where the price would be without the buybacks almost everyday for many months? Because that's where it's heading once the buyback money runs out, imv.

Hot potato is a party game that involves players gathering in a circle and tossing a small object such as a beanbag or tennis ball to each other while music plays. The player who is holding the "hot potato" when the music stops is out.

[pierre oreilly] 11/4/2014 10:14

And btw, turnover up and profits down means their product is moving from high value to commodity.

[pierre oreilly] 11/4/2014 10:09

Hey DMF, why not your usual BT style post here, something like


875 breached, will be 830 soon.

[dmf] 11/4/2014 09:51

11 Apr 2014 British Sky... BSY Espirito Santo Execution Noble Buy 1,110.00 Reiterates

BSkyB Share Price: Q3 Preview

Q3 results on 1 May
LON:BSY will report Q3 results on 1 May. We expect 9m revenue growth of +5.4% to £5,699m and adj. op profits -8.7% to £907m with the decline in profits impacted by step up in Premier League rights and investment in new initiatives (known). However, share buybacks should help cushion the impact of investment and we expect EPS to be -3.5% to 41.8p. We would not expect significant changes to consensus FY financials.

[pierre oreilly] 10/4/2014 10:47

The only thing I don't understand uva is how naive sky shareholders like you are. Would've could've should've, but he, via fox, didn't. Instead he's selling about half a million quid's worth almost everyday. Sheesh, do you always fall for the talk and ignore the walk?

Why has sky undertaken a massive share price support actions, costing shareholders hundreds of millions, if the market viewed sky's value as much as naive shareholders do? To see the market price, as opposed to the temporarily elevated supported price, of the shares you'll have to wait until the almost daily price support buybacks stop, when those who haven't passed on the hot potato will be left wondering what's happened (unless they read this thread of course).