Disclaimer: This is not investment advice.
Thanks for sharing Carsten!
WeConnect: what makes you less comfortable?
The way I see it, any softness in the market will hurt their competitions harder since all of them have lower margin and no retail presence. This would be likely to provide new acquisitions opportunities.
Subscribed!
Vivendi reportedly has large tax loss carry-forwards that might be of value to a potential buyer...
Also seems easy to value as most of its parts are public companies
has vivendi never hinted at plans to monetize UMG stake?
usually tax losses are not transferable upon acquisition, so the entity itself (vivendi) has to do acquisitions in order to utilize them.
Reg. AOJB: Why have you 'become a bit more sceptical of mangement' ?
That is a great overview! Thanks for posting and good luck in the new year.
Thanks for sharing Carsten!
WeConnect: what makes you less comfortable?
The way I see it, any softness in the market will hurt their competitions harder since all of them have lower margin and no retail presence. This would be likely to provide new acquisitions opportunities.
Subscribed!
Vivendi reportedly has large tax loss carry-forwards that might be of value to a potential buyer...
Also seems easy to value as most of its parts are public companies
has vivendi never hinted at plans to monetize UMG stake?
usually tax losses are not transferable upon acquisition, so the entity itself (vivendi) has to do acquisitions in order to utilize them.
Reg. AOJB: Why have you 'become a bit more sceptical of mangement' ?
That is a great overview! Thanks for posting and good luck in the new year.