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08:38
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Originally posted by chuk:
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Not a problem. Please consider the following in conjunction with my earlier post. While that chart contributed to my decision to take profit at higher prices, the sp has corrected a fair bit since then and the rankings have now started improving. I would expect a big improvement in rankings into Christmas. News of further expansion into Europe might come at any time. So while selling at higher prices worked out to be a good move so far, selling any now might prove to be not so good on timing. However that could depend on what we see in the next update and the chart tells me not to expect a big improvement on the previous period for ANZ. The sales in the UK will contribute to overall sales but they will need to show better results than ANZ to get me to buy again. I.e, ANZ is looking disappointing so we need to see stronger results in Europe to get the sp back into a more sustainable climb rather than the cyclical moves higher and lower that we have now seen in the last 12 months. The next update will be very important IMO.
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Just wondering what data you might be using for UK data. SKY sales would not be reflected in the app store figures as the arrangement is with MGM directly. At least that seems to be the implication from MFschool comments in the investor briefing after the SKY deal was announced. App store figures would reflect all non SKY sales.
