Jump to content

General Investing Forum

centermedic

By centermedic
in General Topics

 Share

Recommended Posts

Jones Member Level: 3G EVDO

Jones

Posted
Posted

I read a seeking alpha editorial article that said Sprint could hugely reduce it's interest expense by taking out more spectrum backed, investment grade notes. 

If that's the case why hasn't Tarek done that already? Was this first spectrum backed funding a proof of concept and then they'll be doing it again?

http://seekingalpha.com/article/4015759-sprint-even-valuable-thought

  • Like 1
Link to comment
Share on other sites
  • Replies 644
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

Popular Posts

JimBob
JimBob
WiWavelength
WiWavelength

Damn those hooligan kids and their spray paint cans!     AJ

sbolen
sbolen

My broker thought it was dumb when I bought another 900 shares. Long-game, baby.   Apple was once "doomed," too.

DanielB Member Level: 3G EVDO

DanielB

Posted
Posted

Yes, but why now this sudden price surge; indeed makes me tempted to sell.   :o

 

The election. The market is expecting a "conservative" (whatever that means anymore) government to be more open to large-scale M&A activity. That's why T-Mobile is also up a bit today.

  • Like 1
Link to comment
Share on other sites
JimBob Member Level: eHRPD

JimBob

Posted
Posted

The election. The market is expecting a "conservative" (whatever that means anymore) government to be more open to large-scale M&A activity. That's why T-Mobile is also up a bit today.

Sprint stock rally from Trump election is a bit too thin hype for me.  I just sold off 25% of my Sprint position at $7.28, offloading way more shares than I bought last week.

 

Also, we are already seeing interest rates (bonds) jump significantly the past two days.  If the Fed increases rates next month along with Trump's anti-Fed rhetoric-backed policies, it will be much harder for debt-straddled companies like Sprint to refinance.

Link to comment
Share on other sites
JimBob Member Level: eHRPD

JimBob

Posted
Posted

Isn't Sprint's whole strategy at this point revolving around paying off 2B worth of debt so it doesn't need to refinance the stuff that is presently coming due?

Pay off debt with what?  They continue to generate losses each quarter, not profits. ;)

 

Sprint's current strategy (survival) is to keep finding different ways to replace old debt with new debt, ideally at a lower interest rates.

  • Like 1
Link to comment
Share on other sites
Hmight Member Level: 3G EVDO

Hmight

Posted
Posted

Pay off debt with what?  They continue to generate losses each quarter, not profits. ;)

 

Sprint's current strategy (survival) is to keep finding different ways to replace old debt with new debt, ideally at a lower interest rates.

 

I like the stock long term.  The company is still bleeding cash, but they are gaining valuable customers. I do not see this trend is reversing as long as Marcelo is at the helm.  They have beefed up their balance sheets and have pulled a few financial engineering moves (thanks to Softbank) to get to where they are today.  I am seeing 3rd carrier roll out in markets they have not even announced.  This will improve the speed on the network, and capacity with their densification plan.  They are in the same position of Tmo was a year and half ago.  I expect growth will continue this quarter (around 450k postpaid phones and potentially more tablet adds with the new unlimited plan). 

 

I expect FCF will be a reality in FY 2017.  A merger or not, Sprint is in a good spot.  It is still cheap to buy and I will buy more when it is taking a 10%+ dip. 

Link to comment
Share on other sites
bucdenny Member Level: 4G WiMax

bucdenny

Posted
Posted

Sprint stock rally from Trump election is a bit too thin hype for me.  I just sold off 25% of my Sprint position at $7.28, offloading way more shares than I bought last week.

 

Also, we are already seeing interest rates (bonds) jump significantly the past two days.  If the Fed increases rates next month along with Trump's anti-Fed rhetoric-backed policies, it will be much harder for debt-straddled companies like Sprint to refinance.

 

52 week high today @ $7.50.

Link to comment
Share on other sites
  • 2 weeks later...
Hmight Member Level: 3G EVDO

Hmight

Posted
Posted

$8 this morning. Time to sell or hold?

 

I'm riding this.  There will not be any news of merger until at least 1st quarter of next year.  Sprint is going to add phone subs again this quarter. They are going to pay off 2B of debt on 12.1.2016.  Nothing negative for me to sell. 

  • Like 1
Link to comment
Share on other sites
JimBob Member Level: eHRPD

JimBob

Posted
Posted

$8 this morning. Time to sell or hold?

I just sold some more shares at $7.97

 

I reiterate my position of hype wariness and believe the stock will get hit negatively by the Federal Reserve raising interest rates in December.

  • Like 1
Link to comment
Share on other sites
Hmight Member Level: 3G EVDO

Hmight

Posted
Posted

I just sold some more shares at $7.97

 

I reiterate my position of hype wariness and believe the stock will get hit negatively by the Federal Reserve raising interest rates in December.

 

We have different philosophy, but here's my 2 cents.

 

Sprint has gotten off the bonds market to finance.  Softbank has essentially been financed (or guaranteed) Sprint's debt with various entities (leasing and spectrum Co.).  As long as the company is growing, I am not concerned about the 30B+ in debt with a Sprint's strong balance sheets. 

 

Raising interest rates will have little impact on Sprint in December. 

  • Like 2
Link to comment
Share on other sites
Hmight Member Level: 3G EVDO

Hmight

Posted
Posted

52 week high @ 8.73.  Hold?

Depends on what you think the future holds for Sprint.

 

I am an optimist and I think this is just the beginning of the ride. I won't consider selling at least until after Trump is in office. 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • large.unreadcontent.png.6ef00db54e758d06

  • gallery_1_23_9202.png

  • Posts

    • topdownat4
      Keep a Word, Drop a Word #7

      By topdownat4 · Posted

      Fury Gran Coupe (My First Car - What a Boat...)
    • dkyeager
      Dish Network/Boost Mobile cell/5G buildout thread

      By dkyeager · Posted

      Definite usage quirks in hunting down these sites with a rainbow sim in a s24 ultra. Fell into a hole yesterday so sent off to T-Mobile purgatory. Try my various techniques. No Dish. Get within binocular range of former Sprint colocation and can see Dish equipment. Try to manually set network and everybody but no Dish is listed.  Airplane mode, restart, turn on and off sim, still no Dish. Pull upto 200ft from site straight on with antenna.  Still no Dish. Get to manual network hunting again on phone, power off phone for two minutes. Finally see Dish in manual network selection and choose it. Great signal as expected. I still think the 15 minute rule might work but lack patience. (With Sprint years ago, while roaming on AT&T, the phone would check for Sprint about every fifteen minutes. So at highway speed you could get to about the third Sprint site before roaming would end). Using both cellmapper and signalcheck.net maps to hunt down these sites. Cellmapper response is almost immediate these days (was taking weeks many months ago).  Their idea of where a site can be is often many miles apart. Of course not the same dataset. Also different ideas as how to label a site, but sector details can match with enough data (mimo makes this hard with its many sectors). Dish was using county spacing in a flat suburban area, but is now denser in a hilly richer suburban area.  Likely density of customers makes no difference as a poorer urban area with likely more Dish customers still has country spacing of sites.
    • dkyeager
      SignalCheck Beta Crew Forum

      By dkyeager · Posted

      Mike if you need more Dish data, I have been hunting down sites in western Columbus.  So far just n70 and n71 reporting although I CA all three.
    • S4GRU
      Keep a Word, Drop a Word #7

      By S4GRU · Posted

      Nissan Coupe
    • Paynefanbro
      Network Vision/LTE - New York City Market

      By Paynefanbro · Posted

      Good catch! I meant 115932/119932. Edited my original post I've noticed the same thing lately and have just assumed that they're skipping it now because they're finally able to deploy mmWave small cells.

  • Recently Browsing

    • No registered users viewing this page.
×
×
  • Create New...