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 ?

Should be some good stuff on over Christmas as well!!!!!!!:)))

On the move north again this morning, is there some news out there???

Good results today and a good close,might see 600p tomorrow.any views?

Talk of good subscriber growth at BSkyB filled the weekend press, but the numbers came in even better than expected today and the shares rose 3.5p to 575p. In the quarter to December 31st, the satellite broadcaster added 192,000 new customers, taking its customer base in the UK and Ireland to 7.609 million it said. A consensus view stood at 150,000. Total revenues in the period increases by 10% to 1.945 billion pounds, with net profit up 18% to 154 million pounds. Merrill Lynch reiterated its "buy" stance on the shares following the figures.

was a buy note out yesterday with price target of 670p huge volume yesterday so can see 600p soon not sure why the weakness today ??

Drive's you up the wall, this one !

Gordon, was there a timescale for when the target price will be reached ?
This spring/later this year ? next yr?

They wouldnt be buying back their own shares if they didnt think they were too cheap DYOR


RNS Number:1540I British Sky Broadcasting Group PLC 02 February 2005

2 February 2005


BRITISH SKY BROADCASTING GROUP PLC - REPURCHASE OF SHARES


British Sky Broadcasting Group PLC ("BSkyB") announces that it has today purchased for cancellation 8,000,000 ordinary shares of BSkyB at a price of 572.9156p per share.

Upon the cancellation of these shares, the number of shares in issue will be 1,910,979,653.


ENDS



This information is provided by RNS
The company news service from the London Stock Exchange

looks like getting abv 600p might be painfull

not far away now 600p could be broken today

out 595 yesterday not moving quickly enough for me

just for you holders i have telewest it is rubbish. i will not have it for much longer.

keep shorting

just bought in when do they go ex div please.

closed my short today

who are they going to buy.

who are they going to buy.

one tel

how much will news corp pay to buy this out

looking at pxc.

Daniel Stewart cut its price target for shares in BSkyB (BSY) to 402p from 490p and reiterated its 'sell' recommendation in anticipation of the broadcaster's full year results, due on 31 July. "There are concerns that reduced activity in the housing market has resulted in reduced demand broadband takeup (as described by Carphone Warehouse), and we do not see Sky as immune from this trend," it commented. "Similarly, concerns that BT Group will (following Ofcom's Consultation) raise unbundled broadband access prices should affect BSkyB as others." It added that the shares look expensive on a rating of around 16 for 2008 and that, with a presence in roughly one third of UK homes, it finds it difficult to see how Sky can avoid the impact of pressure on household spending