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ValueVision Media Inc. Message Board

  • retailexecutive retailexecutive Oct 19, 2012 11:31 AM Flag

    That is very interesting

    Something is happening here. Going private ? Actually this would be the best thing for the copany at this point. I am not sure it is best for us though as it could be taken out relatively cheaply.

    Sentiment: Strong Buy

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    • Retail,
      I think going private at this point is not in our best interest and like in around 1998 when mamagement tried to sell the company for $3.50 a share we may, although I hope not, see history repeat itself. I do not think this management team would do this to us like the management team did back then. I was involved in getting rid of that management team then and if a fair price is not offered I would do the same today. $3.50 is not a fair price today like it wasn't back then. That said what I think could be happening is a set up for a price upside move within the next six to nine months to get activity once more in a value that could lead to a buy out of the company, but that is speculation only. The question is can VVTV turn a profit. If they do then IMHO the pps moves to the teens if not then we sit in the range where we are today. I do think if some on this board are right and Cannel is back in the game it could get interesting as it did back in 08 when VVTV was getting a few suiters. I think this next year is going to be pretty interesting for this company with the start of Q3 2012 earnings and Q4 earnings and then the possibility of a profit sometime in 2013 because of the carriage cost reductions. Now keep in mind that I do expect the overall margins to contract considering the electronics issue improvements (lower margin products) but on a balance sheet bases the company is looking pretty strong if I am right about 2013.

      Sentiment: Strong Buy

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