Author Topic: CHTR - Charter Communications  (Read 121090 times)

scorpioncapital

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Re: CHTR - Charter Communications
« Reply #520 on: June 22, 2018, 04:10:19 AM »
I'm always weary of reports with a view. He buys a big stake after a hit to the price then justifies how it's all good with price targets as high as 500 for chtr. But I think the truth is there is uncertainty and unknowns. Having said that I'm not ready to bail yet but unless I see it back where it was before by 2020 I'm reducing significantly.


vince

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Re: CHTR - Charter Communications
« Reply #521 on: June 22, 2018, 05:50:56 AM »
wonder where the cash is coming from to buyback 3 percent in last 2 months

Liberty

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Re: CHTR - Charter Communications
« Reply #522 on: June 22, 2018, 08:28:12 AM »
wonder where the cash is coming from to buyback 3 percent in last 2 months

Depends how long they keep it up. If they do this all year, then they're raising leverage some, which was what Malone/Maffei called for but Rutledge seemed reluctant to do. EBITDA growth should also absorb part of it.
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