JimBob Posted July 26, 2016 Share Posted July 26, 2016 I will see this going higher, will drop a few percentages short term, but there's no catalyst for going lower, at least not yet. They will get another pop when Sprint announces the roll out 3xCA. The downside risk is the question of whether Sprint's new gains can be accelerated, let alone be sustained. They are highly dependent on financial engineering to maintain their massive debt load and deep discounting to add/keep postpaid customers (while prepaid are fleeing/converting). Quote Link to comment Share on other sites More sharing options...
JimBob Posted July 26, 2016 Share Posted July 26, 2016 Being that the Honor List hasn't been updated in ages who knows. TS out (causing trouble) I have now joined the list. 7 Quote Link to comment Share on other sites More sharing options...
Hmight Posted July 26, 2016 Share Posted July 26, 2016 The downside risk is the question of whether Sprint's new gains can be accelerated, let alone be sustained. They are highly dependent on financial engineering to maintain their massive debt load and deep discounting to add/keep postpaid customers (while prepaid are fleeing/converting). Agree, subscriber gains or losses will correlate highly with how their network performs, as it always is for the telecom industry. We should see more cap ex spending this quarter. They only spent .5 B in the last quarter. As for the debt load, I think once they get past December, which is when 3 Billion is due i think, it will help out with the interest expense. They should look into refinance those upcoming maturities since their bond rates have come down to earth. This would also help with interest expense. 1 Quote Link to comment Share on other sites More sharing options...
centermedic Posted July 27, 2016 Author Share Posted July 27, 2016 Agree, subscriber gains or losses will correlate highly with how their network performs, as it always is for the telecom industry. We should see more cap ex spending this quarter. They only spent .5 B in the last quarter. As for the debt load, I think once they get past December, which is when 3 Billion is due i think, it will help out with the interest expense. They should look into refinance those upcoming maturities since their bond rates have come down to earth. This would also help with interest expense. Valid points. However, Sprint will continue to look better when compared to the other three national providors. Much is made about Sprints debt load. However, Verizons debt load is through the roof, especially after their buyout of Yahoo. AT&T has a managable debt load. Not sure about T-Mo but I suspect that they are in the best finacial position to continue the price wars. Verizon must keep their profit margin where it is in order to keep the investors happy. Quote Link to comment Share on other sites More sharing options...
mnjeepmale Posted July 27, 2016 Share Posted July 27, 2016 Taking a huge drop today. Down 6% Quote Link to comment Share on other sites More sharing options...
Hmight Posted July 27, 2016 Share Posted July 27, 2016 Taking a huge drop today. Down 6% Needed to, profit taking Quote Link to comment Share on other sites More sharing options...
DanielB Posted July 27, 2016 Share Posted July 27, 2016 Taking a huge drop today. Down 6% Expected - lots of shorts to cover yesterday, which pushed it higher than otherwise "natural." Quote Link to comment Share on other sites More sharing options...
irev210 Posted July 27, 2016 Share Posted July 27, 2016 Expected - lots of shorts to cover yesterday, which pushed it higher than otherwise "natural." I think a lot of it is being driven by T-Mobile's earnings call. T-Mobile said that July's subscriber gains are already ahead of sprint's 2Q new users. 1 Quote Link to comment Share on other sites More sharing options...
JustinRP37 Posted July 27, 2016 Share Posted July 27, 2016 I think a lot of it is being driven by T-Mobile's earnings call. T-Mobile said that July's subscriber gains are already ahead of sprint's 2Q new users. This!! It is people taking their gains, but this is a big part of it. T-Mobile posted pretty remarkable numbers today. Quote Link to comment Share on other sites More sharing options...
irev210 Posted July 27, 2016 Share Posted July 27, 2016 This!! It is people taking their gains, but this is a big part of it. T-Mobile posted pretty remarkable numbers today. There are share givers and there are share takers and T-Mobile has been a share taker now for 13 quarters in a row, for 3 years running including Q2. We delivered positive overall postpaid porting ratios versus the entire industry. Also, we now had 10 quarters in a row where T-Mobile has been positive against every major carrier contrary to what you may have heard on Monday. I will acknowledge that Sprint made some progress after going all in with a heavy discount strategy, but we are seeing positive postpaid porting ratios now for 13 quarters in a row versus Sprint including Q2, and we're off to an even stronger start versus them and everyone else in Q3, and I'll be glad to talk more about that in detail. So, really, I'm actually very happy to sit back and take share like we did this quarter from here to the end of times if everybody else is. And our net additions show the math and they show it all. 1 Quote Link to comment Share on other sites More sharing options...
Hmight Posted July 27, 2016 Share Posted July 27, 2016 I think a lot of it is being driven by T-Mobile's earnings call. T-Mobile said that July's subscriber gains are already ahead of sprint's 2Q new users. It's no more than just bragging. they gained 600+ the last 3 months, so that's 200k+ per month. I think it's just common sense. You should compare tmo numbers this year vs. last year. It's actually less. Food for thoughts. Quote Link to comment Share on other sites More sharing options...
irev210 Posted July 27, 2016 Share Posted July 27, 2016 It's no more than just bragging. they gained 600+ the last 3 months, so that's 200k+ per month. I think it's just common sense. You should compare tmo numbers this year vs. last year. It's actually less. Food for thoughts. Please expand - compare what numbers? What's less? Market Cap? 35.6 billion vs 31.6 billion revenue? 9.2 billion vs 8.2 billion gross margin? 56.1% vs 50.4% EBITA margin? 26% vs 20.6% Free Cash Flow? 419 million vs -30 million are you just talking about net income and earnings per share that are down? net income margin of 2.7% vs 4.3% and EPS of .30 vs .43 There are lots of numbers... not one number means the most. If you look at the pretax income, it's up to 431 million over 374 million from 2Q15 The biggest difference is the increase in income tax expenses which unless you spent a lot of time modeling out what their tax rates were going to be, sort of a moot point. The easy conclusion is that T-Mobile is absolutely crushing it. 1 Quote Link to comment Share on other sites More sharing options...
JimBob Posted July 27, 2016 Share Posted July 27, 2016 I have been watching United States Cellular Corp (USM) as a possible stock purchase. They report their quarterly results this Friday morning. Are they a good target? Their stock price has unfortunately already gone up over 10% since two months ago, so I might have missed the bottom. https://www.google.com/finance?q=NYSE%3AUSM Quote Link to comment Share on other sites More sharing options...
Hmight Posted July 27, 2016 Share Posted July 27, 2016 Please expand - compare what numbers? What's less? Market Cap? 35.6 billion vs 31.6 billion revenue? 9.2 billion vs 8.2 billion gross margin? 56.1% vs 50.4% EBITA margin? 26% vs 20.6% Free Cash Flow? 419 million vs -30 million are you just talking about net income and earnings per share that are down? net income margin of 2.7% vs 4.3% and EPS of .30 vs .43 There are lots of numbers... not one number means the most. If you look at the pretax income, it's up to 431 million over 374 million from 2Q15 The biggest difference is the increase in income tax expenses which unless you spent a lot of time modeling out what their tax rates were going to be, sort of a moot point. The easy conclusion is that T-Mobile is absolutely crushing it. Postpaid Quote Link to comment Share on other sites More sharing options...
DanielB Posted July 27, 2016 Share Posted July 27, 2016 I think a lot of it is being driven by T-Mobile's earnings call. T-Mobile said that July's subscriber gains are already ahead of sprint's 2Q new users. Perhaps. But looking at volume, it is indisputable that much of the upward price action for S yesterday was due to shorts covering their positions. The decline today is a bit of that activity letting off steam plus, as you say, some selloff because of TMUS results. Quote Link to comment Share on other sites More sharing options...
irev210 Posted July 27, 2016 Share Posted July 27, 2016 Postpaid Yes, very much agree that postpaid growth is down YoY (890 vs 1,008). I am curious to see if they can keep momentum up in later Qs - key metric to watch. Quote Link to comment Share on other sites More sharing options...
chamb Posted August 4, 2016 Share Posted August 4, 2016 Cramer made a short comment about Sprint yesterday. His thoughts may be good or bad, I have seen him be right but he can also be wrong too. His comment: "The company has come around and I'm a believer." 3 Quote Link to comment Share on other sites More sharing options...
JimBob Posted August 5, 2016 Share Posted August 5, 2016 Shenandoah Telecommunications and US Cellular both reported quarterly results today. SHEN down 9% and USM up 4%. http://globenewswire.com/news-release/2016/08/05/862036/0/en/Shenandoah-Telecommunications-Company-Reports-Second-Quarter-2016-Revenue-of-130-3-Million.html http://www.benzinga.com/news/earnings/16/08/8312151/investors-happy-with-u-s-cellular-q2-beat Quote Link to comment Share on other sites More sharing options...
JimBob Posted August 17, 2016 Share Posted August 17, 2016 Sprint back down below $6. US Cellular (USM) positive quarterly earnings were not enough to keep its stock positive. I continue to monitor USM as a possible purchase. I like their consistent revenue, profit, stable debt, and acquisition potential. Shentel has been battered the past two weeks, but I believe it still has much more to fall. Quote Link to comment Share on other sites More sharing options...
Hmight Posted August 22, 2016 Share Posted August 22, 2016 Sprint back down below $6. US Cellular (USM) positive quarterly earnings were not enough to keep its stock positive. I continue to monitor USM as a possible purchase. I like their consistent revenue, profit, stable debt, and acquisition potential. Shentel has been battered the past two weeks, but I believe it still has much more to fall. I would not be surprised if tmo or sprint will purchase USM. the industry needs scale and usm is next in line to be swallowed. 1 Quote Link to comment Share on other sites More sharing options...
JimBob Posted September 8, 2016 Share Posted September 8, 2016 Sprint (S) is now approaching $7 at 52-week highs. I am tempted to sell off more of my shares today... https://www.google.com/finance?q=NYSE%3AS 1 Quote Link to comment Share on other sites More sharing options...
Hmight Posted September 8, 2016 Share Posted September 8, 2016 Sprint (S) is now approaching $7 at 52-week highs. I am tempted to sell off more of my shares today... https://www.google.com/finance?q=NYSE%3AS I am still enjoying the ride. 1 Quote Link to comment Share on other sites More sharing options...
JimBob Posted September 9, 2016 Share Posted September 9, 2016 I am still enjoying the ride. I sold part of my Sprint (S) position yesterday @ $6.86 and bought US Cellular Corp (USM) today @ $36.45 Quote Link to comment Share on other sites More sharing options...
JimBob Posted October 26, 2016 Share Posted October 26, 2016 Sprint (S) closed today at $6.36 today. If it drops closer to $6 or less, I will buy again. Quote Link to comment Share on other sites More sharing options...
mnjeepmale Posted October 27, 2016 Share Posted October 27, 2016 Stock keeps tumbling today. Will get to $6 soon. 1 Quote Link to comment Share on other sites More sharing options...
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