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Thread: Sirius Weekly Thread May 3, 2010

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  1. #1
    SiriMonkey is offline

    Sirius Weekly Thread May 3, 2010

    Good Morning All,

    Fridays ending of $1.18 with after hours at $1.20 ended the
    month of April on a positive note.

    Tuesday May 4 8:00am, is the scheduled Conference Call.

    Really exciting is the pregame coverage by
    SiriusBuzz and SatelliteRadioPlayground beginning at 7:00am!

    With live coverage, insight and reactions from Spencer, Charles,
    Demian, Newman and Cos. Be sure to tune in. Link can be found on the News page.

    Good week everyone!

    Julie

  2. #2
    Sirius Roadkill is offline
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    Good Morning Julie

    Wanted to follow-up on a post john made in another thread . . as follows:

    "Edmonds.com says about 100,000 new subscribers in April???

    Well not really, they just track new car sales month to month and they estimate that April sales are a little down from March at a sales rate of 988,100 cars sold in April. But we here can figure most to the rest out and at the present penitration rates (SIRIXM says 60%), after taking out present estimated churn rates you basically get to almost 100,000 new subs for April.

    I will go further and say that if history holds and the next two months hold to history then May and June both should equal out to about the same as April therefore I am going to take a long shot in the dark and predict at least 300,000 new subs in the 2nd quarter (Of course this will be updated UP or DOWN once new sales figures come in)."


    So (sometimes I like to start a sentence with the word "so" . . . Mel does that a lot and it makes him sound really smart - lol) . . . john, if you are saying 300,000 for Q2 . . .

    Adding that to Q1, which is already in the bank, brings us to just under 500,000 subs through first half of year, correct?

    Sounds to me like you are thus also predicting 1,100,000 - 1,200,000 subs for full-year 2010?

    SRK

  3. #3
    Sirius Roadkill is offline
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    BTW . . let me now make my prediction . . .

    Jon Pluc will be cheking in today at around 12:02 EST . . just like clockwork (must be his lunch break)

    He will be hoping to read something here today that will help him find his entry-point back into this equity . . as he sat on the sidelines at $1.03 waiting instead for a post CC pullback

    Bad news Pluc . . ain't happening

  4. #4
    john is offline
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    Quote Originally Posted by Sirius Roadkill View Post
    Good Morning Julie

    Wanted to follow-up on a post john made in another thread . . as follows:

    "Edmonds.com says about 100,000 new subscribers in April???

    Well not really, they just track new car sales month to month and they estimate that April sales are a little down from March at a sales rate of 988,100 cars sold in April. But we here can figure most to the rest out and at the present penitration rates (SIRIXM says 60%), after taking out present estimated churn rates you basically get to almost 100,000 new subs for April.

    I will go further and say that if history holds and the next two months hold to history then May and June both should equal out to about the same as April therefore I am going to take a long shot in the dark and predict at least 300,000 new subs in the 2nd quarter (Of course this will be updated UP or DOWN once new sales figures come in)."


    So (sometimes I like to start a sentence with the word "so" . . . Mel does that a lot and it makes him sound really smart - lol) . . . john, if you are saying 300,000 for Q2 . . .

    Adding that to Q1, which is already in the bank, brings us to just under 500,000 subs through first half of year, correct?

    Sounds to me like you are thus also predicting 1,100,000 - 1,200,000 subs for full-year 2010?

    SRK

    If you noticed I included, "if history holds" then that will happen. First I would like to say that is only an ESTIMATE from edmonds.com (we will know what the real numbers are soon enough, I think 2:00 today). Second that is once again going from past history of sales and how closely the following months were to April. I do think if the economy stays stable that they will be simular and that we will get to something like 300,000+ subs in the 2nd quarter. The numbers are the numbers and if churn remains the same as usual then they will bore out to at least 300,000 in the 2nd quarter. So now on to the furture quarters after the 2nd quarter. Those numbers from the 2nd quarter are as far out as I would like to go because the ones I just gave are an estimate. I would not like to project that far out there are just to many things that could happen. I could see, and lets not forget that 3rd quarter is not the greatest for car sales, last year was helped by the "Cash for Clunkers", so that was an anomaly and not something I would include in any projections. Putting that aside, I still think they may get as many as 700,000 to 850,000 new subs for the year but that is as high as I would like to go at this time.

  5. #5
    Havakasha is offline
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    Report fromm GM on car sales. Up 6.4% in April. Up 20% in Chevrolet-Gmc- Buick-Cadillac.


    http://www.prnewswire.com/news-relea...-92671609.html
    Last edited by Havakasha; 05-03-2010 at 11:41 AM.

  6. #6
    candleman is offline
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    Quote Originally Posted by Havakasha View Post
    Report fromm GM on car sales. Up 6.4% in April. Up 20% in Chevrolet-Gmc- Buick-Cadillac.


    http://www.prnewswire.com/news-relea...-92671609.html
    The reports seem to be a little confusing....LOL

    At any rate, 6,20, or 33% are all good numbers!

  7. #7
    Havakasha is offline
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    Quote Originally Posted by candleman View Post
    The reports seem to be a little confusing....LOL

    At any rate, 6,20, or 33% are all good numbers!
    Yes, just a bit confusing. Read Spencers latest article for some perspective.

  8. #8
    john is offline
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    Quote Originally Posted by candleman View Post
    The reports seem to be a little confusing....LOL

    At any rate, 6,20, or 33% are all good numbers!

    I think that is because you guys are getting sales from LAST April and sales from last month confused.

  9. #9
    john is offline
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    Quote Originally Posted by julietoo View Post
    Good Morning All,

    Fridays ending of $1.18 with after hours at $1.20 ended the
    month of April on a positive note.

    Tuesday May 4 8:00am, is the scheduled Conference Call.

    Really exciting is the pregame coverage by
    SiriusBuzz and SatelliteRadioPlayground beginning at 7:00am!

    With live coverage, insight and reactions from Spencer, Charles,
    Demian, Newman and Cos. Be sure to tune in. Link can be found on the News page.

    Good week everyone!

    Julie


    Forgive me but I have to:

    Ether their distrust for Newman for what they said he did to them has gone by the way side OR their haterd for Brandon is far greater then their distrust of Newman.

    LMFAO.

  10. #10
    candleman is offline
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    General Motors has reported that April sales were up over 6%.
    This is Great news for investors of SIRI. More cars means possibly more subscribers, and better profits for SIRI.

    http://www.centurylink.net/news/read...SNWC39L1_UNEWS
    Last edited by candleman; 05-03-2010 at 11:42 AM.

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