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#29598
Fri 16 Jun 2006 03:22:AM
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Joined: Feb 2004
Posts: 3,815
Mission Commander
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OP
Mission Commander
Joined: Feb 2004
Posts: 3,815 |
APV to bid for Selectv Broadcasting Limited (Selectv) <br /><br /> Melbourne, 14 June, 2006 <br /><br />APV today announced that it will make a takeover bid for Selectv.<br />Under the takeover bid, APV will offer one fully paid ordinary share in APV (APV Shares)<br />for each issued fully paid ordinary share in Selectv (Selectv Shares).<br />APV expects to lodge a bidder's statement with ASIC and deliver it to Selectv by Friday 16th June 2006.<br /><br /> http://www.accessproviders.com.au/files/APV%20-%20Takeover%20of%20Selectv.pdf
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Joined: Feb 2001
Posts: 345
Mission Specialist Level 2
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Mission Specialist Level 2
Joined: Feb 2001
Posts: 345 |
Come to think of it Mr select TV has been missing from this forum lately?.
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Joined: Feb 2004
Posts: 3,815
Mission Commander
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OP
Mission Commander
Joined: Feb 2004
Posts: 3,815 |
Dont know about Mr SelecTV havent seen him on the forum for a little while now<br /><br />If this takeover goes ahead i see alot of changes that will happen to SelecTV one major one would be subscribers will most likely have to signup for a minimum amount of months like most Pay TV co's eg sign a 1 year contract etc as now SelecTV have no contracts which i think APV see this as a weak point as there is no security for subscribers to leave any time without penalty yes this might not be good for subscribers but hey... thats buisness <br /><br />Just my logical thinking about this :)<br /><br />a Quote from the APV report to ASX [] • Customer contracts – APV plans to review Selectv's customer contracting strategy [/]
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Joined: Mar 2002
Posts: 517
Payload Specialist Level 1
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Payload Specialist Level 1
Joined: Mar 2002
Posts: 517 |
Just common sense you can't build a business based on not knowing how many customers you will have each month.<br /><br />Although you can predict the churn levels. I can't see anything wrong with having a 6 month minimum contract. We are only talking $30 a month here
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Joined: Nov 2005
Posts: 89
Astronaut Level 2
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Astronaut Level 2
Joined: Nov 2005
Posts: 89 |
Yes, I still cruise by ocassionally ... but its been a little quiet over here.<br /><br />All I can say about the APV takeover bid is ..... we live in interesting times! Should be worth watching over the next few weeks.<br /><br />As for customer contracts, we have not intention of introducing muliplte month contracts for our standard packages. This doesn't mean we won't offer some special deals in the furture, but our philosophy is to always keep our standard product set contract free. We want to be differnt to the other guys!<br /><br />Also keep an eye out for some new channels in basic and some neww add-on packages in the pipeline.
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Joined: Feb 2004
Posts: 3,815
Mission Commander
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OP
Mission Commander
Joined: Feb 2004
Posts: 3,815 |
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Joined: May 2006
Posts: 10
Space Trainee
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Space Trainee
Joined: May 2006
Posts: 10 |
It would seem that the APV shareprice has been heading south a little too far, 11.5cents per share at close today, but then again, I'm not into finance, or investing in general.<br /><br />It'd be good to get a hint as to when we can expect to get the new channels ; )
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