SIRI monthly tread June 2015

[MUSCLE13]

Day to day stock movements don't interest me. I'm not a trader. I go year by year, holding investments 4-5 years at least. The thing that interested me the most was Frear saying doubling of used car trials in 3-5 years after a 35% year over year jump this past quarter. He sees sub growth for 10 years on 160 million enabled vehicles in 8 years.

Interviews by Merrill Lynch are invaluable to my media stock research. She is the best in the business.

Even more important to me. Just as I suspected the app is going to be built into the car - SXM17. A turning point in 2017.

[dm_4]

Prob gonna get a siri buying opp when apple announces their new streaming subscription service in a few days/weeks. Just like the lawsuit news i would expect it to only be a one day deal.

[siriustimes]

Subscription price increase June 30. 1 dollar per month. From comments on Captain Crunch article at SA

http://www.siriusxm.com/2015rates/pricing

[dm_4]

Good news is one of these years jessica cohens $5 price target will hit. Bad news is she has had that $5 pt for two years now.

[MUSCLE13]

Good news is one of these years jessica cohens $5 price target will hit. Bad news is she has had that $5 pt for two years now.

Been following her analysis for about 25 years. Nobody comes even close to how good she is. A big reason I made a million.

She uses discounted cash flow for Sirius. I prefer FCF per share myself.

[dm_4]

And when your talking to her could you please ask her if it will be another 2 years before her siri $5 pt finally hits? thanks

[MUSCLE13]

Make sure to tell her that and call her an idiot then like you do anyone else who uses anything other than FCF / share!

I use EV/EBITDA for cable. I heard Malone call himself once a Discounted cash flow guy. EPS is back in style for content because of buybacks. I prefer FCF per share for Sirius because such a large majority of EBITDA is converted into Free Cash Flow. And 10% of the shares are taken off the table each year with buybacks.

[MUSCLE13]

John Malone spoke today. You can listen to the entire stockholder meeting here. Q&A starts at 44 minute mark

http://ir.libertymedia.com/events.cfm

[MUSCLE13]

May SAAR came in at 17.78 million

http://www.autonews.com/

[MUSCLE13]

From Malone's comments, 2 things are obvious to me-

Cable will compete aggressively with Netflix with Video On Demand/TV Everywhere. Cable will compete aggressively with mobile wireless with Wi-Fi and MVNO's.

He also called Altice's CEO Drahi a genius. I'm just happy Altice's entry drove the Charter bid for TWC straight up to 9 times EBITDA! Let me invest more in Sirius..........