Share Name Share Symbol Market Type Share ISIN Share Description
Sky plc LSE:SKY London Ordinary Share GB0001411924 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -19.00p -1.88% 990.00p 990.00p 990.50p 1,021.00p 980.50p 1,011.00p 29,471,994 16:29:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 12,916.0 803.0 40.6 24.4 17,018.27

Sky Share Discussion Threads

Showing 1151 to 1172 of 1175 messages
Chat Pages: 47  46  45  44  43  42  41  40  39  38  37  36  Older
DateSubjectAuthorDiscuss
14/12/2017
19:39
The Chain Principle Refer to rule 9.1 section F8 on page 136 ! www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/code.pdf?v=20Jul2017
loginname
14/12/2017
19:21
www.thetakeoverpanel.org.uk/publication/view/201723-panel-statement-regarding-determination-of-application-of-a-chain-principle-offer
loginname
14/12/2017
16:52
Worth a read after today... Sky board has a choice to make. Potential forced-bid in the distant future... “Mickey Mouse Gives Sky a Chance to Show Some Spine” The U.K. satellite broadcaster needs to be ready to fight for a better offer... www.bloomberg.com/gadfly/amp/articles/2017-12-14/what-disney-fox-deal-means-for-sky-tv-s-takeover
loginname
14/12/2017
14:24
That’s an interesting view. However I am not entirely sure that the Disney stake would put off a competitor. Rather if another co picked up the 61% it could easily force DIS out by outvoting them on all decisions. Strategically in a very competitive marketplace disrupting Disney’s plans for global subscriber reach would be an attractive prospect surely?
loginname
14/12/2017
14:14
I think the share price weakness since the announcement today is due to the rms from CMA at 12.19, stating that Disney doesn't think they are obliged to bid for Sky if they acquire 39% of the company. The CMA will have to rule under present conditions, not for 6/12 months ahead when a deal might (or might not) be completed. If they rule against the takeover, and Disney don't have to bid, no-one will be interested in bidding with a competitor holding a 39% stake.
eaaxs06
14/12/2017
12:56
I agree Jak. Also not a surprising initial market reaction. Perhaps slight disappointment no extra bells and whistles to the deal, but essentially all that’s changed is Disney now stands behind the transaction as eventual owner. I still am holding for my £10.85 return. Others probably selling as don’t want to wait anymore. I see 3 possible outcomes from here: 1) CMA and Gov pass deal = £10.85 2) CMA and Gov impose conditions which Sky (and now Disney) will meet = £10.85 3) Gov block deal. Sky drops. Disney make a bid before anyone else can. Process starts again (with less politics) = £DIS OFFER! Sky shareholders are not likely to accept anything less from DIS than the Fox offer, so I am seeing profit here in ALL scenarios for those prepared to sit on their hands... DYOR
loginname
14/12/2017
12:32
I'd expect the discount at this stage to be circa 8% per annum so approximately £10.85 discounted with an IRR of 8% for 6.5 months. That suggests a price of about 10.41. On the other hand, if you look at the numbers now, 993p to buy, 10p dividend 9 Feb, £10.75 on 30 June 2018 then that gives an IRR of 17.9%. That strikes me as including a relatively large implied chance of failure. Not sure that I agree.
jaknife
14/12/2017
12:10
So target still £10.75 plus 10p ‘late deal’ dividend in Jan.
loginname
14/12/2017
12:09
Here it is... “Prior to the close of the transaction, it is anticipated that 21st Century Fox will seek to complete its planned acquisition of the 61% of Sky it doesn’t already own. Sky is one of Europe’s most successful pay television and creative enterprises with innovative and high-quality direct-to-consumer platforms, resonant brands and a strong and respected leadership team. 21st Century Fox remains fully committed to completing the current Sky offer and anticipates that, subject to the necessary regulatory consents, the transaction will close by June 30, 2018. Assuming 21st Century Fox completes its acquisition of Sky prior to closing of the transaction, The Walt Disney Company would assume full ownership of Sky, including the assumption of its outstanding debt, upon closing.” hxxps://www.businesswire.com/news/home/20171214005650/en/Walt-Disney-Company-Acquire-Twenty-First-Century-Fox
loginname
14/12/2017
07:18
Sky will go boom today imo. A good few percent to be had.
babbler
13/12/2017
16:36
“Disney Seen Sailing Through U.K. Takeover Approval for Sky” www.bloombergquint.com/business/2017/12/13/disney-seen-sailing-through-u-k-takeover-approval-for-sky.amp
loginname
12/12/2017
15:33
Get ready! Good luck all SKY holders... “Fox, Disney on 'glide path' for Thursday deal announcement” www.cnbc.com/2017/12/12/fox-disney-on-glide-path-for-thursday-deal-announcement-sources.html
loginname
08/12/2017
22:13
Disney engages JP Morgan, Fox engages Goldman Sachs. variety.com/2017/biz/news/disney-fox-goldman-sachs-centerview-jp-morgan-guggenheim-partners-1202634210/
loginname
08/12/2017
21:43
Email in full: “DEAR COLLEAGUES, We want to address the headlines about us possibly talking to other companies about a potential transaction. While we can’t comment on market speculation, we do want to address the impact we know this is having on all of you. Uncertainty always breeds unease. In every way, our focus is on our businesses and on the welfare of all our colleagues. All of you have worked hard to build and nurture a remarkable company through your hard work, loyalty and creativity. For this we are truly grateful. Best, Rupert, Lachlan, James”
loginname
08/12/2017
21:16
Senior Fox executives issue memo to staff about “a potential transaction”. www.mediapost.com/publications/article/311351/fox-stock-dips-as-disney-deal-looms.html
loginname
08/12/2017
19:01
Interesting end to the week from Bloomberg! “Sky’s shareholders could be in line for a payout of up to 12 pounds a share if a deal with either Disney or Comcast is done.” “The prospect of a bigger payout for Sky shareholders wasn’t envisioned by analysts a year ago.” www.bloomberg.com/news/articles/2017-12-08/sky-is-suddenly-hot-as-disney-comcast-pursue-stake-in-fox-talks
loginname
07/12/2017
21:41
New interview with 21CF president, including his latest views on Sky bid. variety.com/2017/biz/news/fox-chief-peter-rice-ponders-media-ma-with-disney-deal-looming-1202633167/
loginname
07/12/2017
21:03
Reporters starting to pickup on the “possibility” of a strategic move by Comcast... wishful thinking maybe - but one more idea supporting Sky at present. “Comcast's planned takeover of Sky is a counter measure against The Walt Disney Company's attempt to acquire some of the assets of 21st Century Fox Inc FOXA“ m.nasdaq.com/article/comcast-mulls-over-sky-buyout-to-gain-21st-century-assets-cm888326 DYOR!
loginname
07/12/2017
18:56
...... and (hopefully) an interim dividend of around 13p, payable in April 2018.
eaaxs06
07/12/2017
11:47
10p special dividend on its way. “The CMA delay means that Sky shareholders will receive a special dividend of 10 pence (13 U.S. cents) per share "without a reduction in the offer price of £10.75 per Sky share," according to Sky's Oct. 12 earnings release.” "We can now confirm that the ex-dividend date will be 11 January 2018 and the dividend will be paid on 9 February 2018 to shareholders on the register at close of business on 12 January 2018 should the Offer not have completed by 31 December 2017," the company added.
loginname
07/12/2017
10:09
www.bloomberg.com/news/articles/2017-12-06/comcast-is-said-to-seek-sky-ownership-in-battle-for-fox-assets
loginname
07/12/2017
08:01
All I want for Xmas... ... is a bidding war for Sky. :) Will Comcast crash the party with a strategic punt for Sky to disrupt Disney’s plans?
loginname
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