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 ?

Final Results


Record financial performance


· Revenue up 4.5% to £6.791 billion on a like-for-like basis1

· Record adjusted operating profit of £1.223 billion, up 14% with continued margin expansion to reach 18.0%, the highest level for six years

· Adjusted basic EPS up 22% to 50.8 pence

· Full year dividend increased by 9% to 25.4 pence per share

· Additional £500 million capital return to shareholders via share buy-back
Consistent and strong operational growth

· Total products increase by 12% to reach 28.4 million

· 10.6 million customers choose Sky, up 312,000 on the prior year

· Strong customer loyalty with churn of 9.9% in the quarter

· Four million customers choose Sky Broadband for great quality and value

· Largest and fastest growing triple play customer base in Britain at 3.4 million, up 21%

Delivering the best experience for customers

· Breadth of sports coverage continues with new rights renewals for Spanish football, British and Irish Lions rugby and Premier League

· Our second brand, NOW TV, launched on 17 July to give millions of people easy, instant access to Sky content

· Bringing a full suite of Sky services to Irish customers with the launch of Sky Broadband and Talk later this year

· Extending Sky Go with eight kids' channels now available including Disney and Nickelodeon; access to 32 live channels and a broad range of on demand content

· Free-to-air catch-up service to launch in the autumn to include BBC iPlayer, ITV Player and Demand 5; Sky Anytime+ surpasses one million homes, up 57% on last quarter

Sky's movie strength cleared by Competition Commission

Sky's strong position in the pay-TV movie market "does not adversely affect competition", the Competition Commission has confirmed.

British Sky Broadcasting hit a new 52-week high this week of 775p. It currently stands a few pence down from that on 760p, which is 24% up on the share price's low point of 614p almost exactly a year ago.

Much of that was driven by July's strong annual results, which showed a 16% rise in operating profit and a 21% boost to earnings per share (eps), from revenues that were 3% up on the previous year. The dividend was lifted by 9% to 25.4p per share. Current forecasts suggest a payout of 3.6% next year, with the shares on a forward price-to-earnings (P/E) ratio of about 13.5.

Keep an eye on this one harry, div .1620p on 24/10. chart going south at mo, might be a chance of £7 or below.,.

Ofcom finds BSkyB "fit and proper" broadcaster

LONDON | Thu Sep 20, 2012 7:17am BST

(Reuters) - Pay-TV group BSkyB is 'fit and proper' to hold a broadcast licence, Ofcom has found, after an investigation sparked by the revelations of criminality at its largest shareholder News Corp.

Ofcom said in a brief statement on Thursday that it had investigated the group after Rupert Murdoch's News Corp admitted some of its journalists had hacked into phones on an industrial basis at its now-defunct News of the World tabloid.

News Corp had been trying to buy the rest of BSkyB it did not already own when the revelations broke. James Murdoch, Rupert's son, was chairman of BSkyB at the time.

'fit and proper'? More like "fit for nothing."

all the same the news will send sp north rather than south for us to get in.,.

Ex-divi 24th Oct '12 (16.2p)

British Sky Broadcasting will release Q1 results on Thursday, on the same day as its AGM. The shares have had a good run since early 2009, but have fallen back since their peak in mid-2001 to today's 718p.

This is another company that pays decent dividends, albeit lower than some, around the 3.5% mark. BSkyB also has a good record of rising earnings, and there are forecasts for further growth in the next two years.

The last full year brought the company a 14% rise in adjusted operating profit, and there is still a share buyback programme in operation, so we have plenty to look for in this quarterly update

1st Quarter Results

Robust quarterly performance with broad product growth and strong loyalty

· Good growth in products and customers, up 533,000 and 48,000 respectively
· One in three customers now takes all three of TV, broadband and talk
· Strong customer loyalty with Q1 churn of 10.9%

Extending leadership in content

· Long-term renewals in sports and movies providing certainty on content leadership
· Spectacular success of Ryder Cup - 4.8m viewers and 700,000 unique Sky Go users
Bringing world-class innovation to customers
· Launch of catch up service offers the best of pay and free TV on demand
· Award-winning Sky+HD box re-launched with six times more storage
· Unique users of Sky Go up 75%, confirming leadership in over-the-top content delivery

Top-line growth and operational efficiency driving strong financial performance

· Revenue up 4%
· Adjusted operating profit up 5%
· Adjusted basic earnings per share up 16%
· Approval sought at 2012 AGM for further £500m share buy-back programme in 2012/13

Interim Results

Further strong financial performance and increased returns to shareholders

· Revenue up 5% to £3,533m

· Adjusted operating profit up 8% to £647m

· Adjusted basic earnings per share up 18% to 28.3 pence

· Interim dividend up 20% to 11.0 pence

Multi-product strategy delivering good operational growth

· Subscription product growth of 615,000 in Q2

· Total subscription product base of 29.5 million, up 10% year on year

· Triple-play penetration of 33%, up 4pp year on year

· 88,000 new customers added in Q2 to reach 10.74 million, up 271,000 year on year

· ARPU of £568, up £24 year on year
Customers responding positively to our content and products

· New services driving increased viewing - weekly On Demand downloads up 150% in Q2; Sky Go users increased 46% year on year to reach 3.1 million

· Standout performance from Sky Sports - record audiences for Ryder Cup and US Open tennis, and over 9 million viewers to first season of Sky Sports F1 channel
Continued excellent progress in cost initiatives and efficiency improvements

· Adjusted other operating costs as percentage of sales reduced by 200 basis points

Great results. Companies are doing great....

sp well down today as BT take on their sports channel semi-monopoly by giving free sports viewing to their own broadband customers...... Murdoch start crying in your Fosters!

Ex-divi Wed 13th Nov (19p)

BRITISH SKY BROADCASTING GROUP PLC - SHARE BUYBACK
British Sky Broadcasting Group plc (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 1 November 2012, on 31 October 2013 it purchased 200,000 of its ordinary shares of £0.50 pence each ("shares") for cancellation.

The volume weighted average price paid by the Company was 933.5014 pence per share.

BRITISH SKY BROADCASTING GROUP PLC - SHARE BUYBACK
British Sky Broadcasting Group plc (the "Company") confirms that further to yesterday's announcement, and in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 1 November 2012 and pursuant to the agreement between the Company and 21st Century Fox UK Nominees Limited (formerly known as News Corporation) dated 25 July 2012 that it has completed the purchase of 128,611 shares of £0.50 pence each ("shares") from 21st Century Fox UK Nominees Limited for cancellation. The price paid by the Company was 933.5014 pence per share

StockMarketWire.com
Westhouse Securities has moderated its recommendation on BSkyB (LON:BSY) and moved to a "neutral" stock rating, on valuation grounds, following a period of strong share price outperformance. The broker points out that the shares are up by 16 per cent since it initiated coverage with an "add" recommendation, back in May, and are up by 8 per cent since the company published its third-quarter results on 17 October. Analysts have left their price target unchanged at 985 pence per share.

Goldman Sachs cuts British Sky Broadcasting to buy from conviction buy, target cut from 1,170p to 1,120p.

Down 7% presumably on the w/e news that BT have bought the rights to show Champions League games.

StockMarketWire.com
Nomura has downgraded its recommendation on BSkyB (LON:BSY) to "reduce" from "buy" following news that BT (BT.A) has won exclusive rights to broadcast Champions League and Europa League football for three years, starting from the 2015/16 season. The broker believes that the deal highlights BT's willingness to overpay for content, which it views as a "bad sign for Sky in terms of the next Premier League auction". Nomura said: "Regardless of whether BT can monetise this outlay, it shows that they are not content to be the number 2 sports service, which has big implications for the next (blind) Premier League auction in mid-2015". Analysts have cut their price target to 850 pence per share from 1,040 pence. Separately, Goldman Sachs and Citigroup have both repeated their respective "buy" stock recommendations, with GS cutting its price target to 1,070 pence a share (from 1,120 pence) while Citi left its price target unchanged at 1,000 pence a share.
The broker said: While for BSkyB this is a property it would much rather have not lost, it does only represent 3% of Sky Sports viewing and money can be reinvested to support its push into UK drama. While not welcome, we think this is handleable and would see significant weakness as an opportunity to buy the shares.