I don't alot about FBR but I know Liberty. Been invested 21 years. One of the great wealth creation machines on wall street.
Want to venture a guess at the price of SIRI if LMCA hits there target? I'd say north of 5.
Very nice indeed. The money knows how to follow the money. So do I. Steady as you go!!!!
Said he felt global could happen thru deals with the OEM's. Also hinted at Liberty doing more in the music space. Lots to look foward to. Patience will make you real money here.
Hey joe I know ur not going anywhere. This going to get real good. Patience will be well rewarded
Maffei said Malone has put forth that idea. The simple fact is Liberty trades at a discount to it's NAV's and would be a good use of SIRI excess cash flow. Anything is possible with Malone. Flip that coin I'm on both sides.
The more you learn about Malone/Liberty the more you earn.
Net income for Sirius increased 31% to $493 million. True to form, Malone takes as much free cash flow as he can find and uses it to repurchase stock — $2.5 billion worth in 2014.
Liberty Interactive is flush with $3.43 billion in cash, and has low-cost debt of $7.5 billion.
There’s no way to interpret these numbers other than to note that cash flow continues to roar through the Liberty machine, just as Malone intends. The stock price is still somehow only 90% of NAV. I will never understand why the market doesn’t reward Sirius.
I think you can buy either of these amazing companies and do quite well over the long term.
How am I doin?
Wait I forgot the yo-yo crowd that posts on a daily basis wanted no part of it. Not to worry i'm makin a bundle on it. It's only money.
In fact the family had a nice day indeed.
Why would you pay for the fight when it's free the next day? Haven't missed a PPV in years. Haven't paid for one either.
Why post this here? Because the CLUELESS yo-yo's that post here on a daily basis tried to say Malone lowballed it. WHA? LYV was goin to be part of the C class assets. It's only doubled. Don't worry about me! I was in before the offer. Had the yo-yo's taken the offer SIRI would be past 5 goin to 6. Oh well. Leave the money makin us real investors. Stay CLUELESS. ENJOY
Follow the money and you make money. Watch for LGF news with STRZA.
Money goes to money. Tks John for all the wealth you create.