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
  -4.00p -0.43% 935.50p 935.50p 937.00p 941.00p 930.00p 933.00p 928,731 08:06:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 12,916.0 803.0 40.6 23.0 16,081.41

Sky Share Discussion Threads

Showing 1101 to 1121 of 1125 messages
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
DateSubjectAuthorDiscuss
12/10/2017
13:35
Looking SKY, here are some interesting thoughts. Sky PLC is under takeover propose from 21th Century Fox, a firm owned by Rupert Murdoch. It is currently under government review, and the takeover price is £10.75 per share. Current share price stands at £9.13 per share, a discount of 17.7%. Anyone playing this takeover needs to do due diligence. especially those using leverage. There is a chance the deal would get block by the government. The huge discount means investors aren't optimistic this deal gets made. Before the takeover got announced, Sky’s shares were trading around £8. A miscalculation could potentially cost investors 12%. unless Sky PLC saw improving operational performance. First quarter update Main numbers are: - 5% increase in like-for-like revenue to £3.3 billion. - 11% increase in EBITDA to £582 million. Business in Sky has been getting along and we can assume cost savings are made because sales increase is smaller than EBITDA. Rule of thumb (2% growth in sales and 10% growth in operating profit = increase in operating margin.) (10% growth in sales and 2% growth in operating profit = decrease in operating margin.) Historical Performance Without much data from Q1 trading update. Let’s look at Sky PLC over the years. Although turnover has grown exponentially, SKY has struggled to grow EPS consistently. There is a lot of debt on their balance sheet, especially after their acquisition of Sky Deutschland and Sky Italia for £7bn. However, this resulted in net borrowing spiking from £6bn to £15bn in one year. Now, it stands at £18bn, which is 23 times larger than net profit (£700m). Despite the low interest rates, SKY’s interest cover is below their historical average of 6.4 times to stand at 4.7 times. Market Valuation With only the first quarter numbers out, there’s a lot of information to measure valuation. Most brokers are putting a “hold” on the stock with price target of £10.75. One broker is super optimistic with a £13 price tag. Using 2018’s forecast, EV/EBIT is on 15 times multiple, with EBIT margin at 10.8%, below their historical average of 17%. Final Thoughts If takeover review panel blocks 21th Century Fox acquisition, then the potential downside is £8 per share. But, SKY’s performance has been up and down if you delve into the raw data. It explains why net debt to market cap. has risen from below 10% to 60%.
walbrock82
12/10/2017
09:51
I wonder if the market value now ignores the derisory Fox bid as it becomes less likely to meet shareholder approval with each improving results announcement. Assuming the bid fails it would be best if Murdoch's holdings were sold to multiple shareholders, also obviously need a management crony purge.
nerdlinger
01/7/2017
22:21
The is no question that it won't go through imo there is no smoking gun in any of the reports to raise concerns; every regulator in every other country has approved it and more importantly it is well documented that none of the other broadcasters have stepped forward to raise concerns.The only question is will it be approved two weeks from now or six months from now. The risk with the six months from now being there is another general election ect. The sensible thing for the government would be to approve it to get this over with as there is no justification to block the deal. Pushing it out would make the Government look indecisive hardly what we want considering the Brexit talks..
blueclyde
29/6/2017
15:44
I think the point is that it's only being referred on the 'plurality' grounds not the 'fit and proper' grounds. 21CF has already announced various concessions on the plurality area. It's whether this is enough or whether it will require more concessions.
nk104
29/6/2017
14:08
Certainly hasn't harmed the share price. I was expecting it to be knocked lower.
eaaxs06
29/6/2017
12:19
this will Dragggg on and onnnn dead money
spob
29/6/2017
12:18
correction is "minded to refer" referal decision in 14 days
spob
29/6/2017
12:07
Bradley dodging the decision, referring to the CMA
sportbilly1976
29/6/2017
12:04
offer referred
spob
29/6/2017
09:47
Hopefully we'll know today, whether £7.94 or £10.75 was the correct call?
eaaxs06
26/6/2017
11:58
BUY target price 10.75 (nap)
blueclyde
26/6/2017
08:44
Why? Sounds like a complete guess to me. We'll know more on Thursday.
eaaxs06
25/6/2017
21:50
STRONG SELL TARGET £7.94p
the_man_with_the_pink_gun
25/6/2017
21:49
STRONG SELL TARGET £7.94p
the_man_with_the_pink_gun
24/5/2017
12:28
A bit of weakness in the past 2 days, after a steady rise for a month or more? I hope it's just a bit of light profit taking, rather than any info leaked out?
eaaxs06
02/5/2017
22:33
Ohh dear dear me, like I said from the start.
ball deap
22/4/2017
18:12
The morons are still here. Sad
boix
13/4/2017
14:08
In the case of the BBC it would be like the pot calling the kettle black. They portray themselves as impartial but are far from it. I would say that SKY news is more impartial than the BBC.
spob
13/4/2017
11:13
From the ADVFN circular this morning: The Murdoch family's pursuit of full control of Sky has received a boost, as most rivals in the British media have declined to raise objections over their latest takeover bid. It is understood that of major outlets only The Guardian, a longstanding thorn in the side of the dynasty, has complained, with other traditional antagonists including the BBC and BT not responding to an Ofcom consultation on the potential impact on media plurality of the acquisition of Sky by 21st Century Fox, according to informed sources. - Telegraph Reason for the change of sentiment these last couple of days?
argylerich
08/4/2017
09:16
Average number of shares on loan up to 21.61% of shares in issue last month (feb 17.46%, jan 11.32%, dec 6.31%). No short positions greater than 0.5% have been published by the FCA. So shares being borrowed for the voting rights? There could be lots of short positions below 0.5% but I haven't trawled through those RNSs to check this.
nerdlinger
06/4/2017
11:20
I don't see why I should pay to watch adverts ! :-)
ignoble
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:42 V: D:20171019 07:21:46