Sign in to post a message.
- F
Down because of Zack's headline.. the actual earnings results were great. - p
It's happening! https://fintel.io/doc/sec/39899/000089534521000233/ff170638_sc13da.htm - pPay attention to the last paragraph of this story. Byron has $10 Billion to spend on buying more tv stations. https://www.google.com/amp/s/deadline.com/2021/02/byron-allen-weather-channel-cant-be-switzerland-with-stakes-this-high-talks-economic-equality-and-calling-1300-tv-stations-from-his-dining-room-table-tca-1234694760/amp/
- pTime for Byron Allen or Soo Kim to make a takeover move --PLEASE! Shareholder discontent is very high.
- D
Will be interesting to learn How Many Common Shares the company has already re-purchased (the rough 'rate of re-purchasing' they're proceeding at). Just keep shrinking their outstanding shares.... tick, tick, tick. - F10B to buy more stations... this is likely going to double this year after dividend + earnings word hits the news lines. These folks want to drive this stock price...
- pAnother merger of tv groups https://www.nexttv.com/news/gray-television-agrees-to-pay-dollar925-million-for-quincy-mediaCombined company would have stations in 102 marketsCombined company would have stations in 102 marketswww.nexttv.com
- DJust wait until VOLUME reappears again ....
- DNice Jump today, all-this stock 'needs' is some VOL.!!!
- pOk, Tegna board members, it's time to respond to Standard General's slate of 4 new directors. I will vote YES again this year. Change is needed to increase shareholder value.
- pGreat news! Time for Byron to make his move on Tegna following this settlement. https://www.google.com/amp/s/deadline.com/2021/02/byron-allen-racial-discrimination-lawsuit-charter-communications-1203026905/amp/
- pByron is a buyer! https://tvnewscheck.com/top-news/business/article/byron-allen-targets-10b-to-spend-on-big-four-affiliates-in-21/
- DSome Strength.! I like it.
- pWarren Buffett likes tv broadcasters, he just increased his stakes in Scripps because of expected media company mergers in 2021. https://www.google.com/amp/s/seekingalpha.com/amp/news/3652035-e-w-scripps-up-13-after-hours-on-berkshire-stake
- phttps://en.m.wikipedia.org/wiki/The_World_According_to_Garp_(film)#/media/File%3A1982Garp_film_movieposter.jpgThe World According to Garp - Wikipediaen.m.wikipedia.org
- FHeadding to 18.50, maybe low 19s after this stall..
- DAWESOME, Glad to hear / read that "Standard General" is still Here & Not Going Away & that they are proposing 4 seats to the Board of Directors. ((This, folks, is "smoke" and where there's smoke.....))
- D
With $300 million repurchase that would reduce SharePoint around 19 percent. Management would likely use the revenue windfall and front load the repurchase to prevent a hostile takeover. Remember multiple offers at $20. The longer it stays below $20, a new offer may emerge. - D$300 million works out to roughly 'An Average' of Purchasing 1.6 million Shares every quarter for three years. Or roughly Purchasing 555,000 Shares each Month for three years. Of course, there may be months with a $0 but that's ok, the Average will work-itself-out, soon enough.!
- DThought of the day: the top 4 (FOUR) institutions, own roughly 33% of this entire company.
© 2021 Verizon Media. All rights reserved.
