mankap

I am trying to understand SXM's objective . Is it Turnaround Pandora and make it FCF positive Integrate SXM and Pandora at some point in future Use SXM's expertise in negotiations for content purchase Cross sell SXM to Pandora subscribers

I have attached the presentation of Social Capital CEO at 2016 Sohn Conference. AMZN_palihapitiya_sohn.pdf

Short interest is down to 7.6 m now. It is after a long time that short interest had dropped to less than 8 m.

Why is BAC trading at such a big discount to TBV Does the market expect that BAC will have to write down the assets by $20B?

I do not see it in my optionshouse account

Very interesting Waiting to see the market reaction

Thanks for posting. That should LMCA's ownership to 66%.

Great news. Thanks for the great idea

The dividend is now higher than the threshold at which which strike price of AIG warrants will start going down.

Pretty good 2Q results. Net debt at $377 m. Reiterated guidance for 2015. EBITDA for 2015 between 100 and 108 m. At mid point EV/EBITDA is 4.82. Best part is operations are improving. Churn is at the lowest and they are adding subscribers. LTE rollout is more than half way through. My guess is we should start seeing lower capex in 2017.

Could not agree more. We have long way to go in the current business cycle. With Greece settled, bond issuance should pick up in Europe in 3Q. 2015 M&A activity may surpass 2006 .

I do not think they used all $56m to paydown debt. They might have used it for Capex. Packer - Are you assuming nTelos used portion of 56m to pay down debt. The the investor presentation, nTelos talks about accelerating Capex spend.

When I see SHEN, it is trading at 10x EBITDA. NTLS is trading at half the valuation of SHEN. SHEN does not carry much debt and will have synergies with combined operations.

NTLS is getting back to EV/EBITDA multiple of 5. Very tempted to buy back again. NTLS can have EBITDA of $120m in 2016 with the shutdown of East region markets. Is the market getting worried of the interest rate hike on NTLS? Is the interest on NTLS debt fixed or floating?

All time high at double the average volume