Author Topic: FOXA - Twenty-First Century Fox Inc  (Read 21097 times)

walkie518

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Re: FOXA - Twenty-First Century Fox Inc
« Reply #50 on: September 20, 2019, 09:28:36 AM »
pricing looks pretty good here for FOXA ... anyone have a sense for the recent decline or has recent price action been largely driven by market forces?


Spekulatius

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Re: FOXA - Twenty-First Century Fox Inc
« Reply #51 on: September 20, 2019, 03:19:16 PM »
pricing looks pretty good here for FOXA ... anyone have a sense for the recent decline or has recent price action been largely driven by market forces?

I like it enough and rebought some of my recently sold shares. It seems like the whole content/media sector has been weak (CBS, NFLX, DISCA) and FOX didnít escape the wrath of Mr Market.
To be a realist, one has to believe in miracles.

walkie518

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Re: FOXA - Twenty-First Century Fox Inc
« Reply #52 on: September 20, 2019, 05:13:26 PM »
pricing looks pretty good here for FOXA ... anyone have a sense for the recent decline or has recent price action been largely driven by market forces?

I like it enough and rebought some of my recently sold shares. It seems like the whole content/media sector has been weak (CBS, NFLX, DISCA) and FOX didnít escape the wrath of Mr Market.

somehow, FWONA dodged the bullet ... DISCA might be worth add'l consideration, though I'd want a better price before buying?

First legs down appear around the same time, but NFLX might have decoupled from CBS/VIA/FOX...

there is certainly some effect from sector/industry price correlation, but likely the CBS/Viacom deal is weighing on those stocks while FOXA is more a matter of uncertainty regarding capital allocation decisions?

Spekulatius

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Re: FOXA - Twenty-First Century Fox Inc
« Reply #53 on: September 20, 2019, 05:25:28 PM »
pricing looks pretty good here for FOXA ... anyone have a sense for the recent decline or has recent price action been largely driven by market forces?

I like it enough and rebought some of my recently sold shares. It seems like the whole content/media sector has been weak (CBS, NFLX, DISCA) and FOX didnít escape the wrath of Mr Market.

Hard to tell what causes these share price oscillations. There was some concern about their purchases and then the stock bounced back, presumable because of a Murdoch insider buy. In the end, more noise than Signal and I disposition accordingly. I like FOX because  I believe their have a franchise on news for conservatives  and because their whole business around love content is Netflix resilient. their balance sheet looks way better than CBS/VIA or DISCA (which is worth consideration as well, because of the  high FCF yield).

somehow, FWONA dodged the bullet ... DISCA might be worth add'l consideration, though I'd want a better price before buying?

First legs down appear around the same time, but NFLX might have decoupled from CBS/VIA/FOX...

there is certainly some effect from sector/industry price correlation, but likely the CBS/Viacom deal is weighing on those stocks while FOXA is more a matter of uncertainty regarding capital allocation decisions?
To be a realist, one has to believe in miracles.