Author Topic: LBTYA - Liberty Global  (Read 176352 times)

vince

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Re: LBTYA - Liberty Global
« Reply #510 on: October 11, 2018, 10:01:12 AM »
To clarify. My question was thoughts re: ongoing FCF post-divestiture?

Well he didnt adjust residual fcf for normal capex, and some margin enhancing activities in the pipeline.  Any which way you look at it, its cheap.  I dont understand how someone can say its worth 20 billion or less.  What, he cant count?


maybe4less

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Re: LBTYA - Liberty Global
« Reply #511 on: October 11, 2018, 10:17:34 AM »
To clarify. My question was thoughts re: ongoing FCF post-divestiture?

Well he didnt adjust residual fcf for normal capex, and some margin enhancing activities in the pipeline.  Any which way you look at it, its cheap.  I dont understand how someone can say its worth 20 billion or less.  What, he cant count?

Also funny how it doesn't mention that the fourth market of Remainco, which is as big as the other 3 combined, is projecting strong growth.  I guess that doesn't fit the thesis, so best not to report it?