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The Liberty SiriusXM Group (LSXMA)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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45.86-0.01 (-0.02%)
At close: 4:00PM EDT
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  • C
    Cant
    Lsxma trading two times normal volume down almost 2% yesterday while Siri was up about half a percent on normal volume. Even after Barron’s pump of the trackers trading at a 40% discount to Siri, it seems an elusive goal to close that gap. After all these years trying to close the gap I can only conclude institutional investors don’t believe, trust, or like what Liberty is doing.
  • K
    Kathie
    ANYONE have thoughts about this post from the SIRI board this AM ?
    Duke: A Change In Strategy--Part 3

    SIRI purchased about 70M shares in the quarter at a cost of $6.10-$6.20. Do the math and they spent about $425M which equates to the company's FCF. In other words they are using you money to fund the BB. The dividend that Liberty receives is being used to BB the outstanding float of LSXMA and here is the key Maffei suggested that SIRI's FCF could be used to BB the shares of LSXMA which I considered crazy at the time.
    It would appear that Liberty is on a dual track of freezing out both SIRI shareholders and LSXMA holders or at least reducing the outstanding float of LSXMA.
    The interesting thing is that the convertible bonds don't mature until June 2023 so it looks like Liberty could strip mine both issues until then and then do a buy out. You have lived through almost four years with a stock that has gone nowhere.
    Team Malone is betting that you won't be able to stomach another two years of this pain. Don't let them beat you. Hang on to the last day.
    I have already booked three more vacations this year and can't afford to lose this gig so it would be nice if you pledged your undying allegiance to the stock.
  • p
    paul
    Who they trying to kid ?
    **********
    "Can You Imagine How Liberty SiriusXM Group's (NASDAQ:LSXM.K) Shareholders Feel About The 33% Share Price Increase?"
    Simply Wall St
    Fri, May 21, 2021, 1:01 AM·2 min read
    **********

    Have they not seen the 1 month summary graph ?
    From April 2021 through May 2021 the stock fell to $40.19 from $47.62 ...now trading @ $41 and change.

    Way to go Simpletons Wall St.
    I'd say they are ANGRY at the moment.
  • T
    T2
    I'm still confused about a tracking stock. Is this just tracking Liberty's shares of Siri?
  • Y
    Yahoo Finance Insights
    The Liberty SiriusXM is up 5.03% to 44.46
  • j
    joseph
    When is notice of oversubscription available, I haven't received such as of now. (discount %, or instructions.)
  • J
    JARED
    Liberty Broadband is another tracking stock of Malone's Liberty Media which owns 25% of Charter Communications.

    After Spinoff price started off around $30 per share in which Liberty Media shareholders received 4 for 1 ratio.

    Liberty Broadband is now trading at $130 per share and Charter Communications above $500 per share
  • B
    Bigbadwolfe
    WDLF, a very interesting social media company with a bunch of very interesting platforms would be a great acquisition for LSXMA. Extremely inexpensive.
    Bullish
  • r
    rickc
    I would love to see a takeover(Verizon according to Barrons) of LXSMA...huge upside plus you would start to get a nice dividend...this happened a few years ago when I held DTV for years only to be taken over by ATT
  • C
    CFT
    LSXMA will eventually buy ALL Live Nation. I believe LSXMA will one day be the biggest music media giant in the world!! Long and Strong!
  • j
    joseph
    No doubt C agreed. Greg and John are savvy business extraordinaires and are setting it up. https://www.hollywoodreporter.com/news/liberty-media-moves-live-nation-stake-formula-one-siriusxm-1291487
    Analysts have in the past wondered if John Malone's company could eventually look to acquire control of Live Nation.
    Analysts have in the past wondered if John Malone's company could eventually look to acquire control of Live Nation.
    www.hollywoodreporter.com
  • J
    JARED
    Sirius XM Holdings Inc.
    Question I read article on Seeking Alpha should you buy Sirius XM holdings or discounted tracking stock Liberty Sirius XM Group

    Hypothetically speaking if the spin off occurred today with merger between Liberty Sirius XM Group (LXMSA) and Sirius XM Holdings (SIRI).

    The ratio is currently 9.5. does that mean if someone owned 1,000 LSXMA shares after spinoff would they own 9,000 shares of SIRI in new company after spinoff.

    How many shares would 1,000 shares in SIRI shareholders get in new company after spinoff?

    I'm a little confused on ratio

    Should You Buy Sirius XM Or The Deeply Discounted Tracking Stocks?
    Should You Buy Sirius XM Or The Deeply Discounted Tracking Stocks? https://seekingalpha.com/article/4222659?source=ansh $SIRI, $BRK.A, $BRK.B, $LSXMA, $LSXMB, $LSXMK
  • J
    JARED
    Sirius XM Radio should acquire 17% ownership of Live Nation plus 34% Liberty Sirius XM Group already owns would give it 51% majority share ownership stake. Instead they wasted money on acquiring small Podcasts companies. $500 million could have been invested in Live Nation or Iheartmedia
    Bullish
  • j
    joseph
    Oversubscription request reduced by 90%, disappointing yet promising going forward.
  • J
    JOS
    30% discount to the underlying SIRI stock. What is it going to take to close the discount?
  • S
    SamHtwoP
    So basically this is a tracking stock of Siri ..... but Siri only has one business . A true tracking stock was designed for a conglomerate that had many different businesses ie: ge .. healthcare , energy , etc. so what is the purpose with this ?
  • J
    JARED
    Sirius XM Holdings Inc.
    Malone is getting Live Nation Entertainment ready to transfer 34% ownership of Ticketmaster into Sirius XM Radio holdings either before or after spinoff of Sirius XM. Paying off margin loan early so that he can start moving assets. Iheartmedia should come out of Bankruptcy next month which will also be moved into Sirius XM Radio holdings either before or after spinoff.
    Just my humble opinion!!!!

    Liberty Media Corporation Proposes Private Offering of Exchangeable Senior Debentures https://seekingalpha.com/pr/17341400?source=ansh $FWONA, $FWONK, $LSXMA, $LSXMB, $LSXMK, $BATRA, $BATRK
    Liberty Media Corporation Proposes Private Offering of Exchangeable Senior Debentures
    seekingalpha.com
  • K
    Kathie
    Malone and Maffei have been shrewd investors in media and cable TV properties like Charter Communications (CHTR) and Sirius XM Holdings (SIRI) over the past 15 years. Neither shrinks from using leverage to magnify returns.

    Malone exercises control or near-control of nearly all of the Liberty companies through supervoting class B shares. This includes flagship Liberty Media and its three tracking stocks: Liberty Braves (BATRA), Liberty SiriusXM Holdings (LSXMA), and Formula One Group (FWONA), as well as Liberty Broadband (LBRDK).
  • S
    SayHuh
    Starting on Jan 11, this wont be able to be purchased on Robinhood.
  • J
    JARED
    Sirius XM Holdings Inc.
    Liberty Media seeks to raise stake in iHeartMedia - WSJ https://seekingalpha.com/news/3526042?source=ansh $IHRT, $LSXMA, $LSXMB, $LSXMK
    iHeartMedia (NASDAQ:IHRT) +9.9% after-hours following a WSJ report that shareholder Liberty Media is seeking permission from the U.S. Department of Justice to increase its stake in the company.Liberty
    iHeartMedia (NASDAQ:IHRT) +9.9% after-hours following a WSJ report that shareholder Liberty Media is seeking permission from the U.S. Department of Justice to increase its stake in the company.Liberty
    seekingalpha.com