[Buffett letter?]

They left me in the dust as well. ;D

 

;D

 

It reminds me of a comment about Simpson in 2004 (But he's usually right.) ;)

[Greenblatt Class Videos]

Enjoy!

http://csinvesting.org/2013/02/26/value-vault-greenblatt-videos/

Thank you John Chew  ;)

 

[Meet Lou Simpson]

http://www.dataroma.com/m/holdings.php?m=SQ

 

He sold half of his stake in Dell last quarter  :-\

[Icahn Says No Respect For Ackman After Herbalife Bet]

Bloomberg : Carl Icahn Reports Herbalife Stake Equal to 12.98%

[Must read Annual Reports/Shareholder Letters]

I have recently discovered Fabrikant's letters from Seacor, I recommend!

 

http://ir.stockpr.com/seacorholdings/letters-to-stockholders

[Liberty Media]

On February 11, 2013, Starz issued a press release announcing that it had entered into a new, multi-year agreement with Sony Pictures Entertainment that extends Starz’ exclusive first-run output premium pay TV deal.  As a result, Starz will have the exclusive pay television rights to Sony Pictures’ theatrical releases through 2021.  The previous agreement between the two companies had covered motion pictures released theatrically through 2016.

 

http://www.sec.gov/Archives/edgar/data/1507934/000110465913009094/a13-4825_1ex99d1.htm

 

Maybe we should create a thread for Starz  :)

[Liberty Media]

January 11, 2013

Starz has approximately $450 million available to borrow under its bank credit facility after this distribution. Following the Spin-Off, Liberty will have approximately $450 million available under its stock repurchase program, and Starz will have approximately $400 million available under its stock repurchase program.

http://ir.starz.com/releasedetail.cfm?ReleaseID=733176

 

February 5, 2013

On February 5, 2013, Starz, LLC, a wholly-owned subsidiary of Starz, along with a co-issuer subsidiary of Starz, LLC (collectively the “Co-Issuers”) announced the proposed offering and later announced the pricing of $175 million aggregate principal amount of 5.00% senior notes due 2019 (...)

http://www.sec.gov/Archives/edgar/data/1507934/000110465913008083/a13-4619_18k.htm

 

;D

[Meet Lou Simpson]

Next month, 14th or 15th  ;)

 

http://www.sec.gov/cgi-bin/browse-edgar?company=SQ+Advisors&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany

[Liberty Media]

My only concern is I could not find how much debt Starz assumed in the transaction. Anyone can help?

Thank you,

 

giofranchi

 

Starz distributed 1.8b to LMC in total or 1.4b since last 30sept balance sheet (see p43)

 

Thank you, compoundinglife!

Do you also know how much Starz pays on its debt?

 

giofranchi

 

 

$500 millions > senior securities 5% 2019

$995 millions > revolving credit facility (see p11-12)

Starz_LLC_September_30_2012_Unaudited_Condensed_Consolidated_Financial_Statements.pdf