SPK - Spark NZ

[Buzz]

It can be hard to understand some of the movements in bluechip stocks at the moment but I reckon Breezy is onto it - half of NZX shares are foreign owned and at the moment NZ looks like a depressed, no growth country in the grip of Government austerity with a weakening currency. Not exactly a safe haven, hence the volume of funds (and people) exiting our shores.

Which by definition means that SP's are depressed and fabulous buying or accumulation is amongst us. If you look back at the times when the NZX on paper was completely stuffed, the companies that were sustainable and profitable were excellent buying. Just because some conglomerate international hedge funds yada yada decides to sell, is exactly the reason why some of us decide to buy!

[LoungeLizard]

Which by definition means that SP's are depressed and fabulous buying or accumulation is amongst us. If you look back at the times when the NZX on paper was completely stuffed, the companies that were sustainable and profitable were excellent buying. Just because some conglomerate international hedge funds yada yada decides to sell, is exactly the reason why some of us decide to buy!

That's sort of what I'm saying - the quite extraordinary dip in the SP of infrastructure stock has very little to do with company performance or prospects, mostly to do with foreign investment sentiment. So yes, I'd agree  - this is great buying opportunity for companies like Spark. I've been topping up  and my average price is now $4.50, which is an absolute steal in my opinion.

[Buzz]

That's sort of what I'm saying - the quite extraordinary dip in the SP of infrastructure stock has very little to do with company performance or prospects, mostly to do with foreign investment sentiment. So yes, I'd agree  - this is great buying opportunity for companies like Spark. I've been topping up  and my average price is now $4.50, which is an absolute steal in my opinion.

I'll be getting some SPK, but not until the severe SP down trend reverses. No point in buying a falling knife imo, when a reversal, albeit leaves a few $ on the table, says it's a compelling buy.

[Breezy]

I'll be getting some SPK, but not until the severe SP down trend reverses. No point in buying a falling knife imo, when a reversal, albeit leaves a few $ on the table, says it's a compelling buy.

I don't think it really matters, cheap is cheap even if it gets cheaper. Just as an aside the avg tp from 9 analysts after the wee downgrade is $5 with a low of $4.65. SPK makes up around 45% of my portfolio total so a pretty confident long term hold.

[Left Field]

I'll be getting some SPK, but not until the severe SP down trend reverses. No point in buying a falling knife imo, when a reversal, albeit leaves a few $ on the table, says it's a compelling buy.

Both SPK and IFT are interesting Teleco  infrastructure plays. IFT has One NZ (Vodafone) and interests in Cloud storage etc.

From a TA point of view their 5yr  charts are quite different..... question is.... which offers the best prospects for an investor at the moment?

[Breezy]

Both SPK and IFT are interesting Teleco  infrastructure plays. IFT has One NZ (Vodafone) and interests in Cloud storage etc.

From a TA point of view their 5yr  charts are quite different..... question is.... which offers the best prospects for an investor at the moment?

Well IFT is a more diversified company and would have been an excellent buy quite a few years ago but not sure about now, One NZ aka Vodafone was the worst company i have ever dealt with so its a big no from me on the Telco side of things.

[kiwi2007]

In terms of activity, we continued to sell the positions in
the telecommunications sector on the basis that
dividends have not been growing and the operating
environment lacks meaningful potential in our view. Here,
we sold Spark New Zealand and Telkom Indonesia. We
feel there are better opportunities in sectors such as
technology and utilities, which have similar levels of
dividend yield - March 24

That's Henderson Far East Income who had 2,500,00 + shares on their book in Jan. Probably all gone now.

[Left Field]

Well IFT is a more diversified company and would have been an excellent buy quite a few years ago but not sure about now, One NZ aka Vodafone was the worst company i have ever dealt with so its a big no from me on the Telco side of things.

Your past experience with Vodafone is no indication of its future...... IFT/One NZ has useful links to data storage, undersea cable infrastructure and even the electricity generation to power all of this as we head into tomorrow's world of data intensive AI.

SPK has been static for some time and is not as well placed for this future IMO.

[Breezy]

Your past experience with Vodafone is no indication of its future...... IFT/One NZ has useful links to data storage, undersea cable infrastructure and even the electricity generation to power all of this as we head into tomorrow's world of data intensive AI.

SPK has been static for some time and is not as well placed for this future IMO.

Whatever floats your boat, I used to own IFT when it was $3 odd and did a bit of divvy stripping but not interested at the current price, SPK on the other hand is a definite yes from me at anything under $4.80.

[seaweed]

Whatever floats your boat, I used to own IFT when it was $3 odd and did a bit of divvy stripping but not interested at the current price, SPK on the other hand is a definite yes from me at anything under $4.80.

I see a green shoots coming through at 4.19 or is the weed killer person going to kill it on close again. Either way we are all winners buying in under 4.30. Have been buying on close the last few days and near open today and more if need be on any more lower closers or prices. Have lost a few fingers in last month but have still got my nose  

[Buzz]

Your past experience with Vodafone is no indication of its future...... IFT/One NZ has useful links to data storage, undersea cable infrastructure and even the electricity generation to power all of this as we head into tomorrow's world of data intensive AI.

SPK has been static for some time and is not as well placed for this future IMO.

Did you know that Spark has a number undersea cables as well with it's ownership interest in 'Southern Cross Cables', and they have 16 data centres in NZ including ownership of CCL the largest digital service provider in NZ. They're also very active with their electricity generation partner, particularly shifting to renewal generation.

[LoungeLizard]

Hard to tell, but it may be that the floor was the $4.17 mark, and is starting to tick back up. 
Solid demand at these prices too.

[Breezy]

SailorRob going hard against SPK and the Snoop dog on the other channel, I back the Snoop dog 100% over the drunken Sailor when it comes to this stock, that guy seriously needs to find another bridge to park himself under (But not this one)

[winner (n)]

Jeez SPK share price down 20% from recent highs

Suppose the faithful can't believe this and probably buying heaps more to average down and hoping like hell that things get better

Amazing how quickly a stock can become a dog of a stock ......and become one of those 'deep value' plays

Talking of deep value I'd say that HGH isca better bet than SPK at the moment.

[Breezy]

Jeez SPK share price down 20% from recent highs

Suppose the faithful can't believe this and probably buying heaps more to average down and hoping like hell that things get better

Amazing how quickly a stock can become a dog of a stock ......and become one of those 'deep value' plays

Talking of deep value I'd say that HGH isca better bet than SPK at the moment.

I'll stick to SPK thanks, far more defensive.