Anyone able to listen to Shareholders Meeting. I was able to get a copy of the 8K but for the first time in 5 years unable to log in and listen.
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Anyone able to listen to Shareholders Meeting. I was able to get a copy of the 8K but for the first time in 5 years unable to log in and listen.
Must not have been to compelling....stock not moving.
Management has succeeded in making this a boring stock that draws little attention and bears love to short. Volume has all but dried up. Our average volume is going to be under 20m soon. I just hope they have a plan to finish the buybacks soon and actually get some money back to shareholders....the last 19 or so months have been painful since the high of 4.18. I've been riding this horse a long time and my arse is sore...
No matter where you go there you are. I too, am stuck in Siri Land. My only reason to stay is that since I have been here since 2007 I know that it moves in spurts. Management is doing the right thing but it does make for some boredom. I guess we could get out and then get back in but that timing thing is very very tough. I was 3 inches away from my mouse at 4.18 and have kinda regretted ever since but it was only a moment in time. I was trading it at the time so it was really not that much of an event given that I thought it was going so so much higher. So I just comment to give you a little of perspective. I still plan on making some money on Siri/LMCA ( i am playing the exacta) here.
Welcome to the club b
Slides from the shareholder meeting
http://investor.siriusxm.com/secfili...537&CIK=908937
I am particularly interested in the SXM17 initiative. I think their app is coming to cars.
Slapshot....Institutional Ownership is showing 24.51%. Not sure what the number was when you saw and asked about it on thursday so cant say if this is updated or not.
http://www.insidermonkey.com/blog/bi...uarter-348012/
After a 3% decrease of the stake in Sirius XM Holdings Inc. (NASDAQ:SIRI), Omega owns 55.90 million shares valued at $213.52 million. Sirius XM Holdings Inc. (NASDAQ:SIRI)’s stock is up by 11.71% so far this year. Despite double digit growth in net income during the first quarter as compared to last year, Sirius XM Holdings Inc. (NASDAQ:SIRI) missed the analyst estimates for both the top and bottom line. Peter Adam Hochfelder’s Brahman Capital is the largest stockholder of Sirius XM Holdings Inc. (NASDAQ:SIRI), according to our database.
Read more at http://www.insidermonkey.com/blog/bi...rEhBEC6IbYQ.99
It fell by about 1.3 % pretty sure it is up to date nowQuote:
Originally Posted by dm_4
thanks RaptorQuote:
Originally Posted by Raptor
Good growth the last few years. But every quarter they seem to miss some key metric to continue to hold the stock price down. My only question is, What key metric will they miss next quarter? any guesses?
ZZzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz :sleeping:
No Volume, no action. Guess its gonna take news or next cc to move this...whichever one come first?
All the action is in cable right now. Cablevision up 18% today alone. Time Warner Cable at all time highs up 5% today. Liberty Global up 4%. Consolidation talk all over the place in cable worldwide. Love the broadband business plan.Quote:
Originally Posted by dm_4
I expect Sirius will do very well, but the deals are hot and heavy in cable. Low EBITDA valuations with high broadband growth are stirring the interest globally. I expect that consolidation trend will spread to traditional content media as well as scale matters in global content and distribution. For example, Movies are making double or triple the amount of revenue overseas as compared to the US. Fascinating time in media.
Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Sorry. I know you guys know nothing about real investing and are just concerned with trading, but when you have growth media companies like Sirius trading at 18 times EBITDA with no consolidation going on, and cable companies trading at 7-8 times EBITDA and a ton of consolidation going on because of the low multiples, where do you think the action is going to be?Quote:
Originally Posted by dm_4
Sirius will do fine. It will be growing at 15-20% annually for a long long time. But it's just a numbers game now. You will be bored for a long time.
DM- Inst Owner was at 25.81% in early May, so it did decrease as Raptor suggested (sorry for the delayed response- was out of town for a few days).Quote:
Originally Posted by dm_4
Did someone here say that BM's patent application was denied? Is anyone following BM's latest 'dog and pony show'? Just curious
@ Muscle... You used to post on Damian's site, right? Any idea what happened to Damian and/or his site?
Also, does anyone have an update on how Cos is doing, or if he needs any assistance??
http://www.bloomberg.com/news/articl...irs?cmpid=yhoo
If the IRS does change their tax free spin off rules, this could cause some problems for LMCA. The YHOO/BABA situation is very similar to LMCA/SIRI. I'm sure big money will fight this, but something to keep an eye on. I can't recall if the spinoff of YHOO's BABA stake is similar to a RMT or not, but it does seem similar and the reason.
I don't blame the IRS for scrutinizing this ... spinning off the asset to shareholders allows the shareholders to sell at LTCG rates vs. the corporation selling the stock with no capital gain treatment (top tax rate for corp's is 39% plus state taxes right now vs. LTCG rates which max out at 23.8% plus state taxes for the top income tax bracket).
yeah we know, you love media stocks and have a huge Mel crush. We get it. And yes you are much smarter than all of us here when it comes to real investing...we are not worthy.Quote:
Originally Posted by MUSCLE13
I will play along for shits n grins tho. Wouldn't mind seeing Malone grabbing vodafone.
Oh Man! Did I read Bidding War??? Yes I did!!! Oh Baby! Take care guys......
WSJ -
Altice’s controlling shareholder, the French billionaire Patrick Drahi, was in New York Wednesday and met with Time Warner Cable Chief Executive Rob Marcus to discuss a potential deal, people familiar with the meeting said.
Altice is in talks with Time Warner Cable about a potential cash-and-stock takeover offer, the people said. Meanwhile, Charter Communications is in talks with Time Warner Cable about a bid that is likely to be well north of the $170 a share previously speculated by some analysts, other people familiar with the matter said.
It appears as though a bidding war for TWC may be shaping up. Still, one or both of the suitors could decide the price is too high to justify, or Time Warner Cable, which has a market value of $47 billion, could ultimately decide that operating on its own is in the best interests of its shareholders.
http://blogs.wsj.com/moneybeat/2015/.../?mod=yahoo_hs