Link is up now
http://ir.libertymedia.com/events.cfm
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Link is up now
http://ir.libertymedia.com/events.cfm
September auto sales come out next Tuesday and based on TrueCar looking like they may be down from last year? I'm thinking this will be just temporary in an overall positive uptrend. That together with all the shenanigans going on in Washington we may get those lower prices in the 3.70s. 3.60s or even the 3.50s? If so would be terrific opportunity to add to positions in the the dog. Also, i will be looking to add to my F position if we have a pullback based on comparatively slow September auto sales...jmpo :cool:
http://www.foxbusiness.com/industrie...er-auto-sales/
Thanks. Interesting Q&A. More buy backs ahead - Liberty certainly wants their bait back maybe by a dividend -
Talked about a possible rate increase with tiered premium pricing - connected car is a certain threat
Quote:
Originally Posted by denco1
Yes, nothing new but confirmation of what's in store down the road. A threat and opportunity going forward with the connected car. RMT and or buy back participation and of course more additional buy back tail wind as leverage is still below 3.5 app. target.Quote:
Originally Posted by SN38
Maybe we get new info on Agero or new sat launch or something juicy tomorrow.
@ Boomer......if the market is soft next week and the MM decides to bring TheDog down too I will also be happy to add to my position.....LONGDUCKDONG
EDIT: Thanks for the link Boomer....good to know what the forecasted #s are before the Tuesday release.
First time I heard talk of a rate increase and another dividend. Although they were presented more as trial balloons.
Quote:
Originally Posted by denco1
I will need to go back and listen to it again. I don't recall hearing anything on another dividend just a renewal on the Buy back authorization when this one is complete. As far as the rate increase, that was tied in to the additional services as a premium tier from the connected car Agero/telematics add ons. Sounds like it could be a separate service and or a premium add on for current SIRI subs.Quote:
Originally Posted by SN38
He mentioned a dividend as a way of getting their bait back. Agree with rate increase with premium tier. Nothing definitive as usual from him as to future moves, a lot of loose talk. Slippery as an ell.
Quote:
Originally Posted by denco1
I would much rather see them get the bait back through buy back participation.
I agree. They will do whatever is most tax advantages for Liberty probably
Quote:
Originally Posted by denco1
How about a divi and participation in the buyback;)
Press Release: SiriusXM to Retire $539.6 Million of Debt
Sep 25, 2013 16:47:48 (ET)
SiriusXM to Retire $539.6 Million of Debt
Redeems Outstanding 7.625% Senior Notes due 2018
PR Newswire
NEW YORK, Sept. 25, 2013
NEW YORK, Sept. 25, 2013 /PRNewswire/ -- Sirius XM Radio (NASDAQ: SIRI) announced today that, on October 25, 2013, it will redeem all of its outstanding 7.625% Senior Notes due 2018 (CUSIP Nos. 98375YAZ9 and U98408AF1). As of September 25, 2013, $539,551,000 of the 7.625% Notes remains outstanding. SiriusXM intends to use the proceeds from the issuance of $650,000,000 aggregate principal amount of its 5.875% Senior Notes due 2020 to fund the redemption.
That's $31,698,621.25 of savings for the next year, plus the difference, $650,000,000-$539,551,000=$110,449,000+$31,698,621.
That's roughly $141M cash on hand within a year, to be used for what? I know we are not gonna sit on it!!!
Congrats on 1000 post Denc, I now besiege upon you the name Denco1, "The Mentor of Matadors'" Congrats bro, and thanks!!!
http://www.youtube.com/watch?v=urYBV5qnKhc
I'll take both, not doubt. An end of year DIVIDEND would be welcome.....but give me the participation too.
Thanks RC appreciate it......man 1000 sure does fly by. Didn't realize it until I saw your post....TKS!!:thumbsup:
I figured you would have got the hint last night, about the celebration, and the "you know who you are:) lol!!!"Quote:
Originally Posted by denco1
I fill a dip coming, hope our Brothers and Sisters in arms have their ammo ready!!! I think it will be brief!!!
This week should have been called, "Lets take a skit week!!!"
Hope its not too big a dump:poop:
Yeah, I should have gotten that one...sometimes I'm a bit slow....:googley:......:sunny:
Don't think your gonna get to participate, unless your holding LMCA. Which I know you have in the past. You might get in on the action all the way around. Personally I don't care if they participate, as long as shares are being taken off the table. And as long as it's not lop sided. It could be perceived that Siri investors are footing the bill with debt to pay off Liberty. Cash on hand is another story... And it's getting bigger by the day!!!:money:
Hey JS, check out my latest apple update…..
Apple Update
Quote:
Originally Posted by just sirius
Snitzel Man better watch out….me and a couple of my buddy's are hanging out in the shaded box area…..:viking::spartan::boxer:
Attachment 1142
Hey RC, I just want to make it to post #420, then I'm all good…..Quote:
Originally Posted by Redcloud
I have a new SIRI update on my site too….for any that might be interested
Damn, The dog is starting to show some teeth!!!