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BlackBerry Limited Message Board

say_runup 2 posts  |  Last Activity: Jan 31, 2015 9:42 AM Member since: Sep 16, 2010
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  • After Yahoo announced that it will create SpinCo (Alibaba stake), yahoo should stop the buybacks immediately. After the spinoff core value plus yahoo Japan will be about $20. Yahoo should buyback shares at that lower price. If Yahoo continuous to buy now, it is wasting money. Alibaba part is what Yahoo is paying more now. I say wait on buybacks.

  • The first time I bought yahoo was when it bought Geocities. It was 100 shares, it went to $600 a share later. I have been in and out since then. I use Yahoo for all my searches, maps, email, finance... you name it. If they have a service I try to use it. It's not the best in everything but it is my responsibility as a shareholder to add value. I am often on this board and several other boards reading but usually don't write anything...

    Yahoo has come to an interesting point as a company. What would happen if RTM is declared Tuesday? Let's call the new RMT company as YJC (Yahoo China & Japan). As of Friday as per the market cap the new company will be pegged with $45.24 billion (BABA at $38.44 billion (15% of BABA) and Yahoo Japan(YAHOY) at 6.8 billion(35% of Yahoo Japan). Now Marissa will have a smaller company with about $10 billion in cash. Yahoo earnings are approx, let's say 60 cents/share, at 20x will be $12, so YHOO will be at $22. It makes sense for Marissa to deploy more cash to buy back shares at this lower price. You will get more shares and the new YHOO price will sky rocket. If $5 billion is used then you can buy back as much as 225 million shares. This is better than acquiring any company in my opinion. Yahoo will definitely be a take over target. If it was in my hands I wouldn't sell it because the potential is way too much for it to be sold.

    If RMT is not done, I would bring Jack Ma and Jerry Yang as board of directors and work more closely with BABA to realize the true value of this company. In the end I would like Yahoo to survive as it's own company. There is so much potential with this company with Yahoo Finance alone I think is worth $20 billion.

    Conclusion: I prefer RMT and I also want Yahoo not to be sold after that.

    Best wishes for all of you longs. Be strong and help your company grow.

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