Cable One, Inc. $CABO Total Debt (mrq) 3.2B Cable One, Inc. $CABO Book Value Per Share (mrq) 265.24
O
Stock is down ~10% YTD. Priced so only institutional investors are interested. Even with dividend increase they are really underperforming in spite of the price. Highly over-valued stock. Big shareholders are going to start to look for bigger dividends than 17% of net income quarterly if stock continues to languish.
Y
Cable One reached a 52 Week low at 1147.83
Y
Cable One reached a 52 Week low at 1294.96
Y
Cable One reached a 52 Week low at 1349.08
T
I respectfully ask Mr. Gayner and Ms. Laulis to stop diluting and get a repurchase plan going. Strategically, and WACC-wise, I get it, but enough is enough. With a BB rating, just below investment grade, it’s worth carrying more debt on the balance sheet.
I don’t mind the most recent offering or preceding offerings, with very minor (< 5%) dilution, but it would be nice to scrap the dividend and approve a buyback.
W
They have regressed in their pricing strategy, switching back to long-term, deep discounting. That could be signalling a slowing of residential appetite.
T
Can’t believe no one owns $CABO 🌴
D
Breakout/Buy/or buy more 'signal' today, 1/9/2020
Bullish
M
CABO is down 7.48% in the last two days of trading and 21% YTD. Maybe the company needs to do a bogus stck split to convince anyone that it's worth buying.
Y
Cable One reached a 52 Week low at 1318.80
Q
The acquisition of hagray was a merger to save both companies. CABO is not paradise for investing unless you are riding it down. I call sub $1000 by end of year. The cooked books are going to boil over and show how they throw bad money after more. They have $0 to reinvest into infrastructure. How can they buy back? Hence the senior note offering.
Bearish
T
Look at EBITDA and FCF numbers. This is a great business. Almost all of the cash flows are from operating activities. Wait until they get a legit repurchase plan going. Long $CABO
Total Debt (mrq) 3.2B
Cable One, Inc. $CABO
Book Value Per Share (mrq) 265.24
I don’t mind the most recent offering or preceding offerings, with very minor (< 5%) dilution, but it would be nice to scrap the dividend and approve a buyback.