Calvin200 Posted February 16, 2016 Share Posted February 16, 2016 Does this affect their threshold (percentage) of stock Softbank can own? Quote Link to comment Share on other sites More sharing options...
Mr.Nuke Posted February 17, 2016 Share Posted February 17, 2016 Funds are fungible, they just raised 3 billion. I'll take them at their word. Does this affect their threshold (percentage) of stock Softbank can own? No. Softbank buying back shares of their stock has no quantitative impact on their ownership stake of Sprint. Their ownership percentage of Sprint is only changed by them buying or selling Sprint's stock. Quote Link to comment Share on other sites More sharing options...
smooth25 Posted February 17, 2016 Share Posted February 17, 2016 Looks like the buyback plan was beneficial so far. http://www.bloomberg.com/news/articles/2016-02-17/softbank-value-swells-as-much-as-16-billion-on-buyback-plan Sent from my LGLS991 using Tapatalk Quote Link to comment Share on other sites More sharing options...
utiz4321 Posted February 17, 2016 Share Posted February 17, 2016 I'll take them at their word. No. Softbank buying back shares of their stock has no quantitative impact on their ownership stake of Sprint. Their ownership percentage of Sprint is only changed by them buying or selling Sprint's stock. It isn't a matter of taking anyone's word on anything. Funds are fungible is a fact. If I have to projects that need funding and I need to borrow to fund one and find the other out of cashflow it is meaningless to sayer borrowed to fund A but don't worry we didn't borrow to fund B. Because borrowing to fund A allowed you to fund B out of profits or cashflow. Sent from my iPhone using Tapatalk Quote Link to comment Share on other sites More sharing options...
utiz4321 Posted February 17, 2016 Share Posted February 17, 2016 Looks like the buyback plan was beneficial so far. http://www.bloomberg.com/news/articles/2016-02-17/softbank-value-swells-as-much-as-16-billion-on-buyback-plan Sent from my LGLS991 using Tapatalk Stock buy backs always help investors. It isn't an investment that will increase revenue or profits for the company. Sent from my iPhone using Tapatalk Quote Link to comment Share on other sites More sharing options...
JimBob Posted February 26, 2016 Share Posted February 26, 2016 Sprint stock has settled back into the lower $3 range. Let us not see $2 again! 5 Quote Link to comment Share on other sites More sharing options...
sbolen Posted March 2, 2016 Share Posted March 2, 2016 Glad I held S through the valley of darkness. Sent from my iPhone using Tapatalk 2 Quote Link to comment Share on other sites More sharing options...
EvanA Posted March 2, 2016 Share Posted March 2, 2016 Wow, here's an analyst that I actually somewhat agree with. Great analysis. Sprint's Spectrum Is Worth A Premium, Not A Discount http://seekingalpha.com/article/3949406 5 Quote Link to comment Share on other sites More sharing options...
centermedic Posted March 3, 2016 Author Share Posted March 3, 2016 So the D/E ratio is often used as a measure of how healthy a company is. Sprints D/E is around .60. This is a point of concern but not horrible in my opinion. So here is the rub, if you think the company is undervalued then throw the D/E out of the window. Stock prices figure into valuation. You can insert your own valuation of the company and figure out what you think the D/E should be OR you can evaluate the companies plan to deal with debt and fuel growth. If you feel confident in the plan then investing may be a good idea. If you have little to no confidence in the plan then you should probably sell the stock. Most financial folk with a head on their shoulders are forecasting healthy profit gains for Sprint this year. 1 Quote Link to comment Share on other sites More sharing options...
JimBob Posted March 3, 2016 Share Posted March 3, 2016 Sprint stock has settled back into the lower $3 range. Let us not see $2 again! Sprint has now ended today at $4. I will admit that that I sold off some of my Sprint position @ 3.97 to buy back in if the volatile stock drops to the low $3 again. 1 Quote Link to comment Share on other sites More sharing options...
EvanA Posted March 4, 2016 Share Posted March 4, 2016 Stock is still climbing! Up nearly 3% already today. 2 Quote Link to comment Share on other sites More sharing options...
EvanA Posted March 4, 2016 Share Posted March 4, 2016 All that optimism early was dashed... Stock closed down 4.5% 1 Quote Link to comment Share on other sites More sharing options...
JimBob Posted March 18, 2016 Share Posted March 18, 2016 Sprint stock on the downtrend again; -15% from last week. Why? I will consider buying shares again if gets about $3 or less. Quote Link to comment Share on other sites More sharing options...
mnjeepmale Posted March 21, 2016 Share Posted March 21, 2016 I don't think there is any hope for Sprint stock in the near future. Quote Link to comment Share on other sites More sharing options...
EvanA Posted April 11, 2016 Share Posted April 11, 2016 Craig Moffet is at it again http://www.bloomberg.com/gadfly/articles/2016-04-11/as-bad-as-sprint-s-debt-burden-looks-it-s-probably-worse Quote Link to comment Share on other sites More sharing options...
JimBob Posted April 12, 2016 Share Posted April 12, 2016 Craig Moffet is at it again http://www.bloomberg.com/gadfly/articles/2016-04-11/as-bad-as-sprint-s-debt-burden-looks-it-s-probably-worse As the authors write, "The company's debt problems are no secret." Aside from a possible future accounting change, they provided no insight into whether Sprint's current efforts would improve its cash flow situation and why. 1 Quote Link to comment Share on other sites More sharing options...
Fraydog Posted April 12, 2016 Share Posted April 12, 2016 It's Moffet. I'm only surprised he gets the attention he does, still. It's like asking DigiTimes what is going to be on the next iPhone. Sent from my SM-N920V using Tapatalk 1 Quote Link to comment Share on other sites More sharing options...
JimBob Posted May 5, 2016 Share Posted May 5, 2016 Quarterly report did not do much for Sprint stock this week. We are where we were a month ago: mid-$3 range. Quote Link to comment Share on other sites More sharing options...
chico1983 Posted June 7, 2016 Share Posted June 7, 2016 Is it time to sell S. It's lingering around $4 Sent from my SM-N920P using Tapatalk Quote Link to comment Share on other sites More sharing options...
Ascertion Posted June 7, 2016 Share Posted June 7, 2016 Is it time to sell S. It's lingering around $4 Sent from my SM-N920P using Tapatalk I break even at $4.24 so I will try to hold out a bit more, but if history repeats itself, it'll probably drop back down to the lower $3s within a month. Quote Link to comment Share on other sites More sharing options...
JimBob Posted June 7, 2016 Share Posted June 7, 2016 Is it time to sell S. It's lingering around $4 Sent from my SM-N920P using Tapatalk I sold a small portion of my Sprint position today at breakeven. With the overall market back to reaching 2016 highs, I am converting more of my portfolio to cash for future bad times. Quote Link to comment Share on other sites More sharing options...
centermedic Posted June 8, 2016 Author Share Posted June 8, 2016 I break even at $4.24 so I will try to hold out a bit more, but if history repeats itself, it'll probably drop back down to the lower $3s within a month. I still have 12-18 months on my hold strategy. 1 Quote Link to comment Share on other sites More sharing options...
Ascertion Posted June 21, 2016 Share Posted June 21, 2016 Sprint stock above $4. Really contemplating whether I should sell now or not. EDIT: Finally decided to sell them off. $4.13/share. Watch it go up to $4.50 in the next month. Just my luck. haha EDIT2: So, Sprint is now $4.28. Damn it. I needed $4.24 for awhile now and I decide to sell for a slight loss and then they go and do that. 1 Quote Link to comment Share on other sites More sharing options...
JimBob Posted June 22, 2016 Share Posted June 22, 2016 I just sold another small portion of my Sprint holdings at $4.45; need the stock to get back to $6 and beyond to break even on some much older positions from 2+ years ago. Quote Link to comment Share on other sites More sharing options...
mnjeepmale Posted June 24, 2016 Share Posted June 24, 2016 All carriers stocks are down today but Sprint is down the most at 6% last checked. If it keeps falling wouldn't be suprised if it goes below $4. Quote Link to comment Share on other sites More sharing options...
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