(ACM.B) If the business stays as it is, it is a beautiful cash flow generator. Balance sheet in wonderful shape. It is still a takeout candidate. It's a good business and can continue to grow.
Sold his holdings when he thought there were just too many regulatory risks. Was surprised when the BCE takeover did not go through. Thinks this will get sold eventually. Fairly priced.
There has been a lack of liquidity in the stock. Hopefully the thesis will work out with this name. Buying back shares, valuation is cheap, raising dividend, management is doing everything right. There has to be a lot more upside.
Really likes this. Stock has underperformed and he has no idea why. Delivers record earnings year after year and has just raised its dividend from $.75 to $1. Buying back shares. Doing everything right but for whatever reason, people are concerned about a slow down.
Likes companies that have low valuations, great history of rising dividends and potential for double digit earnings growth in the coming year. This company’s earnings have been growing. Probably trading at 10X earnings. The only media stock left that doesn't have a partner. Really excited about their new product HBOGO that competes with Netflix.
(A Top Pick Aug 10/10. Down 4.26%.) Now trading at 2008 levels and he doesn't understand it. Have managed to grow their earnings at a double-digit rate for the past 3 years, raised their dividend each and every year, buying back shares and de-levered their balance sheet. Has no doubt it will be taken over.
In a number of advertising venues, signs, radio, TV, specialty channels, etc. A lot of people are concerned on the impact of Netflix, streaming video, etc. This company has a lot of arrows in its quiver and can withstand this competition.
Pulled back 15% in the last few months, so a great entry point. 10% earnings growth last year. Advertising market is picking up in 2011. Pay TV is doing well. Worth $50 if someone does a takeover.