The Network Viggle has created with over 10 million subscribers is the Value. If they can increase their footprint and monetize viewers this will be a Billion company. They need more content deals. Obviously they continue to need cash for operating expenses but they are doing it intelligently and are not diluting shareholders at this low stock price. The Viggle Network could be sold for $5-10 today. Wetpaint and Draft day are just extras.
lots of value in this name..specialty chemicals will rebound as China burns off excess inventory and stock will go back to teens
Bigger things in the works here. Vggl is way undervalued and Sillerman wants to realize its value.
This new business that Viggle owns majority stake in could be very profitable. racetracks and casinos will be able to allow their customers to play fantasy sports games...that will allow them to leverage their customer base and keep them on premises and off.....Great concept
once it gets over $1 it will fly
the subscribers will be 10 million any day now...that is a valuable network...worth $50 per sub
Yes and Yes they have been bleeding money, were late on new engine standards, warranty expenses are part of business. I know their debt issues and other liabilities with fines etc...all this is why the stock is $13-$14 down from $75. $6 Billion enterprise value is way too cheap. Having all the operating history is relevant becasue they have operated in bad times before and have an established sets of standards. Brands, IP etc....is valuable.
stock price has collapsed and no one sees any value
LT the company will be an entertainment loyalty leader and a 500 million valuation
Stock has been under pressure from end of quarter selling. Maybe some fund had to sell their position. Stock still acts poorly but valuation is really cheap vs subscribers etc....
They are going to raise a ton of money for draft Day that is why it is another corporate entity. They will quickly grow to $500 million valuation after raising more funds and advertising etc....
Great story and cheap valuation
10 million subs is valuable
That is the strategy and viggle will grow subs and the stock is a homerun...
Just saw the commercial with the American Express photographer filming Bears in Alaska. Two big sponsorships. They would not advertise on a network without millions of viewers.