stubax
- 27 Sep 2004 18:43
As a regular follower of moneyam I know this bulletin board loves small shares but please consider BSkyB as it will launch a free-to-air service later this year, which will compete with Freeview. For a one off 150 you will be able to gain access to alomst 200 digital channels and have access to pay per view events with no monthly subscription. 27% of the population cannot get Freeview due to weak transmission and with only 43% population with sattelite or cable there is massive growth potential. (Shares June2004)
BSkyB"s recent figures showed subscriber numbers were 19000 down on expectations of 100000 for the last 3 months, but pre tax profits quadrupled. Expenditure of around 450m will be needed in the next 4 years to support growth.
At the current price of 485p on a PE of 16 the shares are sitting near their yearly low, I recently bought 514p and would aprreciate other peoples views, has this recent sell off been overdone ?
skinny
- 29 Jan 2014 10:17
- 122 of 153
Isn't that last weeks rumour news?
skinny
- 30 Jan 2014 07:07
- 123 of 153
Interim Results Announcement
STRONG FIRST HALF WITH EXCELLENT GROWTH
Growth in paid-for products up 42%year on year
· 873,000 new paid-for subscription products in Q2
· High Definition and Broadband now in 5 million homes
· 36% of customers now take triple play, 534,000 more than a year ago
Leading in connected TV growth; investment driving returns
· Record growth in connected Sky+HD boxes, up 1 million in Q2 to 4.4 million
· Threefold increase in On Demand usage
· Sky Store transactional revenues up 100%
Extending leadership in content across all genres
· Major new partnership with HBO
· Landmark deal with ITV to include new drama channel exclusive to Sky
· Record audiences for new UK commissioned drama
· Sky Sports viewing at highest level for 6 years
Good financial performance in line with expectations
· Adjusted revenue1 up 8% to £3,751 million
· Adjusted EBITDA flat at £813 million despite investment in connected TV services and one-off step up in Premier League costs
· Adjusted basic earnings per share down 3.5% to 27.3 pence
· Interim dividend up 9% to 12.0 pence
HARRYCAT
- 30 Jan 2014 08:13
- 124 of 153
The market seemed to like the figures. Up 3.5% so far. Perhaps it was just a case of them expecting worse.
"Satellite broadcaster BSkyB announced higher half-year revenue and a hike in its dividend, but blamed investment in on-demand TV services and higher costs of Premier League football rights for flat profits of 813m pounds."
HARRYCAT
- 30 Jan 2014 08:18
- 125 of 153
Ex-divi 26th March 2014 (12p)
HARRYCAT
- 30 Jan 2014 11:55
- 126 of 153
Barclays note today:
"1H14 results were solid (financials and KPIs slightly ahead) showing the resilience of the business model. After a 3% underperformance vs. the FTSE100 in 2013, we feel that the investment case is again hard to make, both on the bull and bear sides. Indeed, both sides have very valid arguments (see below). Consequently, we expect another year of performance close to the market (4% underperformance year todate).
Re-iterate Equal Weight with an unchanged 920p price target and unchanged forecasts. We are slightly below consensus (Zonefinance) and expect consensus to adjust towards our forecasts (£1,240m on operating profit vs. consensus at £1,260m).
The bull view - KPI and revenue growth continues to be solid while BSkyB and BT agree to a wholesale deal. This would lead to lower inflation than expected for the Premier League rights. This scenario should result in BSkyB making forecasts and, on this basis, the stock is inexpensive versus other FTSE names, especially taking into account a likely further buyback.
The bear view - BSkyB continues to spend their way to maintaining growth with marketing costs up significantly. BSkyB and BT do not agree to a wholesale deal and the Premier League rights see significant inflation leading to downgrades in the outer years. 1H 2014 financial results and KPIs slightly ahead – Revenues grew 6.3% to £3,757m, in line. EBITDA of £813m was flat and 2% ahead of our expectations. Operating profit declined 8.0% to £695m, 2% ahead of Barclays but in line with consensus. Headline diluted EPS fell 3.3% to 27.1p, 2% above our estimates. Total net adds were 106k (77k TV, 29k standalone). Broadband net adds were 110k (consensus 106k) and Telephony 140k (vs Barclays 146k) – encouraging given BT’s entrance into pay TV and marking a similar run rate to FY13. Churn was in line at 10.8%. ARPU was £570, below our £575."
HARRYCAT
- 12 Feb 2014 08:18
- 127 of 153
Gap to 920p nearly closed.
HARRYCAT
- 17 Feb 2014 12:54
- 128 of 153
Court of Appeal ruling on pay TV appeal
Sky notes today's Court of Appeal judgment on the various appeals against Ofcom's 2010 decision to impose a Wholesale Must Offer (WMO) obligation in respect of Sky Sports 1 and Sky Sports 2.
Today's judgment means that the Competition Appeal Tribunal (CAT) will be asked to consider further an additional and very specific aspect of Ofcom's decision, in relation to the level of Sky's wholesale pricing.
This does not alter in any way the CAT's fundamental findings, overturning Ofcom, that Sky engaged constructively with other distributors over the supply of its premium sports channels, and that Virgin Media is able to compete effectively with Sky on the basis of Sky's rate card prices.
Sky continues to believe that Ofcom's 2010 decision is flawed and that the WMO obligation ought properly to be removed, and will continue to pursue all available options to achieve this aim.
HARRYCAT
- 19 Feb 2014 15:26
- 129 of 153
StockMarketWire.com
Analysts at Berenberg Bank have stated that they believe BSkyB (LON:BSY) is 'stuck in a spiral of increasing costs', having recently signed large number of sports rights agreements in an attempt to block any further advancement by rival BT (LON:BT.A). The broker argues that the recent high stake / high price deals struck by BT have been used by rights owners as a stick to pressure Sky into paying inflated prices and, in some cases, forcing them into early renewals and / or extensions. It, therefore, comes as no surprise to note that analysts have retained their "sell" stock rating and 680 pence per share price target. In short, while these rights renewals make sense, they come at a cost, and having looked to make savings already (to offset the Premier League cost inflation that took effect from August 2013), it will be even harder to find further economies, Berenberg said in its note.
HARRYCAT
- 06 Mar 2014 09:26
- 130 of 153
StockMarketWire.com
Westhouse Securities has downgraded its recommendation on BSkyB (LON:BSY) to "neutral" from "buy" on valuation grounds, given the shares have risen to within 8 per cent of its unchanged 985 pence a share target price. The broker pointed out that the share price has gained 12 per cent since the company released its interim results, on 30 January, and has outpaced the market by almost 15 per cent in the last three months. "We view its current valuation (15.8x / 9.5x FY2014E PE and EV/EBITDA ratios, respectively, 3.3% yield) as fair and have decided to moderate our recommendation from Buy to Neutral."
HARRYCAT
- 15 Sep 2014 11:51
- 131 of 153
StockMarketWire.com
British Sky Broadcasting will seek shareholder approval for the acquisition of Sky Italia and at least a 57.4% stake in Sky Deutschland at a general meeting on 6 October.
The meeting will be held at Park Plaza Victoria, 239 Vauxhall Bridge Road, London SW1V 1EQ
HARRYCAT
- 23 Oct 2014 14:13
- 132 of 153
Ex divi thurs 13th Nov (20p).
doodlebug4
- 23 Oct 2014 14:28
- 133 of 153
I don't know if you read this piece in proactiveinvestors .
British Sky Broadcasting wins big in golf war
By John Harrington October 16 2014, 11:07am
Sky TV’s coverage of the Ryder Cup broke all viewing records for the pay TV channel, British Sky Broadcasting (LON:BSY) revealed in first quarter results.
During the final day's play, Sky Sports Ryder Cup was the single most watched channel in all TV homes, the company claimed.
The revelation was part of an upbeat trading statement in which the satellite broadcaster and Internet service provider revealed a 6% increase in revenue to £1.93bn in the three months to 30 September from £1.82bn in the same period of 2013.
That was more or less in line with expectations, as was an 11% increase in operating profit to £316mln, while underlying earnings (EBITDA) rose 6% to £417mln from £392mln the year before.
The company added 760,000 new paid-for subscription products in the quarter, 8% more than the previous quarter, while adding 51,000 new retail customers to close the quarter at 11.5 million.
Average revenue per user (ARPU) grew by £17 to £576 while churn – the percentage of customers who stop taking Sky’s services – remained stable at 11.0%.
"The investments that we have made in new connected TV services are delivering growing benefits to our business. We extended our lead as the UK's largest connected TV platform, surpassing 6 million connected homes. Sky Store more than doubled its revenues and our mobile TV service Sky Go Extra achieved a record quarter of growth. The benefits are clear as connected customers watch more TV, spend more with us and are more loyal,” claimed Jeremy Darroch, chief executive of BskyB
goldfinger
- 24 Oct 2014 17:16
- 134 of 153
Tell you what Cynic lets trash this thread now like you and the boys have trashed the chart thread, lets all have a bit of fun.........
aldwickk View aldwickk's profile - 24 Oct 2014 12:21 - 2232 of 2235
Been headhunted aswel Zak Mir ...Tips TV, Jim Mellon....T1PS, Tom Winnifrith......shareprophets/Clem Chambers, iii have all asked if I was available to do a piece/column for them.
Under what name ? You have so many to choose from
goldfinger Send an email to goldfinger View goldfinger's profile - 24 Oct 2014 12:29 - 2233 of 2235 edit this post
Whats your point alders?
doodlebug4 - 24 Oct 2014 12:32 - 2234 of 2235
Lol, aldwickk! That's a very good point - rumour is that it's going to be WalterMitty.
cynic Send an email to cynic View cynic's profile - 24 Oct 2014 12:42 - 2235 of 2235
i like dd4 .... let's hope sticky doesn't get the hump at that jolly jape
looks like a very subdued day all round .... i suspect ev dow will be range bound between about 16,600 and 16,700, or 16,750 at a push
goldfinger
- 24 Oct 2014 17:16
- 135 of 153
Tell you what Cynic lets trash this thread now like you and the boys have trashed the chart thread, lets all have a bit of fun.........
aldwickk View aldwickk's profile - 24 Oct 2014 12:21 - 2232 of 2235
Been headhunted aswel Zak Mir ...Tips TV, Jim Mellon....T1PS, Tom Winnifrith......shareprophets/Clem Chambers, iii have all asked if I was available to do a piece/column for them.
Under what name ? You have so many to choose from
goldfinger Send an email to goldfinger View goldfinger's profile - 24 Oct 2014 12:29 - 2233 of 2235 edit this post
Whats your point alders?
doodlebug4 - 24 Oct 2014 12:32 - 2234 of 2235
Lol, aldwickk! That's a very good point - rumour is that it's going to be WalterMitty.
cynic Send an email to cynic View cynic's profile - 24 Oct 2014 12:42 - 2235 of 2235
i like dd4 .... let's hope sticky doesn't get the hump at that jolly jape
looks like a very subdued day all round .... i suspect ev dow will be range bound between about 16,600 and 16,700, or 16,750 at a push
goldfinger
- 24 Oct 2014 17:17
- 136 of 153
Tell you what Cynic lets trash this thread now like you and the boys have trashed the chart thread, lets all have a bit of fun.........
aldwickk View aldwickk's profile - 24 Oct 2014 12:21 - 2232 of 2235
Been headhunted aswel Zak Mir ...Tips TV, Jim Mellon....T1PS, Tom Winnifrith......shareprophets/Clem Chambers, iii have all asked if I was available to do a piece/column for them.
Under what name ? You have so many to choose from
goldfinger Send an email to goldfinger View goldfinger's profile - 24 Oct 2014 12:29 - 2233 of 2235 edit this post
Whats your point alders?
doodlebug4 - 24 Oct 2014 12:32 - 2234 of 2235
Lol, aldwickk! That's a very good point - rumour is that it's going to be WalterMitty.
cynic Send an email to cynic View cynic's profile - 24 Oct 2014 12:42 - 2235 of 2235
i like dd4 .... let's hope sticky doesn't get the hump at that jolly jape
looks like a very subdued day all round .... i suspect ev dow will be range bound between about 16,600 and 16,700, or 16,750 at a push
doodlebug4
- 24 Oct 2014 17:24
- 137 of 153
I don't even hold this share, that post 133 was only out there for Harry's attention.
goldfinger
- 24 Oct 2014 17:25
- 138 of 153
Tell you what Cynic lets trash this thread now like you and the boys have trashed the chart thread, lets all have a bit of fun.........
aldwickk View aldwickk's profile - 24 Oct 2014 12:21 - 2232 of 2235
Been headhunted aswel Zak Mir ...Tips TV, Jim Mellon....T1PS, Tom Winnifrith......shareprophets/Clem Chambers, iii have all asked if I was available to do a piece/column for them.
Under what name ? You have so many to choose from
goldfinger Send an email to goldfinger View goldfinger's profile - 24 Oct 2014 12:29 - 2233 of 2235 edit this post
Whats your point alders?
doodlebug4 - 24 Oct 2014 12:32 - 2234 of 2235
Lol, aldwickk! That's a very good point - rumour is that it's going to be WalterMitty.
cynic Send an email to cynic View cynic's profile - 24 Oct 2014 12:42 - 2235 of 2235
i like dd4 .... let's hope sticky doesn't get the hump at that jolly jape
looks like a very subdued day all round .... i suspect ev dow will be range bound between about 16,600 and 16,700, or 16,750 at a push
goldfinger
- 24 Oct 2014 17:26
- 139 of 153
Tell you what Cynic lets trash this thread now like you and the boys have trashed the chart thread, lets all have a bit of fun.........
aldwickk View aldwickk's profile - 24 Oct 2014 12:21 - 2232 of 2235
Been headhunted aswel Zak Mir ...Tips TV, Jim Mellon....T1PS, Tom Winnifrith......shareprophets/Clem Chambers, iii have all asked if I was available to do a piece/column for them.
Under what name ? You have so many to choose from
goldfinger Send an email to goldfinger View goldfinger's profile - 24 Oct 2014 12:29 - 2233 of 2235 edit this post
Whats your point alders?
doodlebug4 - 24 Oct 2014 12:32 - 2234 of 2235
Lol, aldwickk! That's a very good point - rumour is that it's going to be WalterMitty.
cynic Send an email to cynic View cynic's profile - 24 Oct 2014 12:42 - 2235 of 2235
i like dd4 .... let's hope sticky doesn't get the hump at that jolly jape
looks like a very subdued day all round .... i suspect ev dow will be range bound between about 16,600 and 16,700, or 16,750 at a push
doodlebug4
- 24 Oct 2014 17:26
- 140 of 153
doodlebug4 - 24 Oct 2014 17:24 - 137 of 138
I don't even hold this share, that post 133 was only out there for Harry's attention.
HARRYCAT
- 24 Oct 2014 22:06
- 141 of 153
db4, don't get sucked into this childish rubbish.
Gf, you just need to grow up. The world doesn't revolve around you, so stop throwing a tantrum every time things don't go your way.