@@NolanCardwell-ht3xiI am trying to answer the original question so please don't attack me and shoot the messenger when I am trying to be helpful by answering the question.... NASDAQ: SIRI stock price was dropping because - (1) Sirius XM Holdings is losing market share (2) Sirius XM Holdings is losing revenue growth (3) Sirius XM Holdings has gotten behind in the competition for people's attention when they are in their cars We would have to dig around in the financial statements in the SEC filings to get the numbers to explain this story in more detail.
Dear David, great content and definitely the 2024 opportunity. On 17 June the company announced (SEC filing) a reverse stock split 10:1 Does this benefit the deal for investors? Look forward your reply and best regards
What are the advantages of being a satellite company, Spotify is not a satellite company but online streaming platform and way more profitable than Siri without all the expenses of satellite? Maybe Siri should switch to online streaming instead; bad management.
Can anyone explan to me, why Berkshire bought a lot of Liberty Media A and C Shares, but at the same time sell 8,4% of Sirius XM Holdings? Berkshires XM holdings are a lot smaller than the Liberty A and C holdings, so I guess this is not the risk arbitrage play. But if he buys the Liberty Stocks as a value investing, why sell 8,4% of Sirius XM Stocks then? I'm a bit puzzled.
@@daniell6303 The price difference was pretty much eliminated until Sirius XM climbed heavily leading to the shortsqueeze yesterday. I closed my position, because the price was unreasonably high. Now buying Liberty XM Tracker is again the better play but I will at the moment dont open another position in any of these stocks until the merger happened. Then I will reevaluate.
Love the analysis. The excel sheet uses an exchange ratio of 8.4 of Tracking stocks, but that 8.4 was not a fixed ratio. It's supposed to change due to change in share price of SIRI. Currently at 8.07
There is obviously no merger arbitrage, pure FCF investment.....and MOAT.....like almost every car in US has it! :) ....and also the graphic at the beginning makes no sense - comparing UA-cam to Sirius - completely different businesses, that has nothing in common, then in big letters there is Spotify, but not Spotify in the graph. If you make a decent graph, then you will see, that Sirius is the market leader, with an infrastructure almost impossible to replicate.
yes why now to merge the 3 stocks..... and add buffets interest.... and apple moving away from apple car play.....why no insider selling back in 2023 when this was planned behind closed doors...
작가님 안녕하세요. 저서에서 도움많이 받았던 학생입니다. RoIC가 왜 감소했는지, 보유한 위성의 가치가 어느 정도 되는지도 궁금한 것 같습니다! 감사합니다
Just people been short on cash once gas prices and food price come down we can save again. And afford Siri XM love it.
Thank you so much for the detailed explanation!
share price keep droping - why?
Hopefully you kept adding while whales have been loading. Let's get over 10.00
That is good to add more
@@NolanCardwell-ht3xiI am trying to answer the original question so please don't attack me and shoot the messenger when I am trying to be helpful by answering the question....
NASDAQ: SIRI stock price was dropping because -
(1) Sirius XM Holdings is losing market share
(2) Sirius XM Holdings is losing revenue growth
(3) Sirius XM Holdings has gotten behind in the competition for people's attention when they are in their cars
We would have to dig around in the financial statements in the SEC filings to get the numbers to explain this story in more detail.
Dear David, great content and definitely the 2024 opportunity. On 17 June the company announced (SEC filing) a reverse stock split 10:1
Does this benefit the deal for investors? Look forward your reply and best regards
So which stock should I buy out of the three or more
Short and to the point - Great work.
Please do coupangs earnings updates you always present it very clearly.
Should I still hold Siri? I have it at 3.20 what would you do
hahaha yes! Did you hold?
Long $SIRI all this time. Thanks for your heads up on the arbitrage
What are the advantages of being a satellite company, Spotify is not a satellite company but online streaming platform and way more profitable than Siri without all the expenses of satellite? Maybe Siri should switch to online streaming instead; bad management.
Thank you you , David .....Great Analysis ! ...I just sub'd your Channel.....
Analyst price target are at 21 and buffet average cost is 25.6..
Can anyone explan to me, why Berkshire bought a lot of Liberty Media A and C Shares, but at the same time sell 8,4% of Sirius XM Holdings? Berkshires XM holdings are a lot smaller than the Liberty A and C holdings, so I guess this is not the risk arbitrage play. But if he buys the Liberty Stocks as a value investing, why sell 8,4% of Sirius XM Stocks then? I'm a bit puzzled.
Upon conversation they will have approx 1 billion of the 3.4 billion. He's going to hold about 30% maybe more of they buy more now.
They are cheaper, despite being the same business
@@daniell6303 The price difference was pretty much eliminated until Sirius XM climbed heavily leading to the shortsqueeze yesterday. I closed my position, because the price was unreasonably high. Now buying Liberty XM Tracker is again the better play but I will at the moment dont open another position in any of these stocks until the merger happened. Then I will reevaluate.
Very informative
Great analysis!
keep up the good work
Why is no one else talking about the merger / spin off
I bought shares todayyyyy
Love the analysis. The excel sheet uses an exchange ratio of 8.4 of Tracking stocks, but that 8.4 was not a fixed ratio. It's supposed to change due to change in share price of SIRI. Currently at 8.07
can you please send me the source for this? like the publication from the company showing the calculation?
@@joeindo9174 investor presentation
Mid $2 was a gift 🤷♂️
Loaded on mid $2 price 🤷♂️
There is obviously no merger arbitrage, pure FCF investment.....and MOAT.....like almost every car in US has it! :) ....and also the graphic at the beginning makes no sense - comparing UA-cam to Sirius - completely different businesses, that has nothing in common, then in big letters there is Spotify, but not Spotify in the graph. If you make a decent graph, then you will see, that Sirius is the market leader, with an infrastructure almost impossible to replicate.
yes why now to merge the 3 stocks..... and add buffets interest.... and apple moving away from apple car play.....why no insider selling back in 2023 when this was planned behind closed doors...