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-   Virgin Media News Discussion (https://www.cableforum.uk/board/forumdisplay.php?f=10)
-   -   US Cable Giant Liberty Global buys Virgin Media (https://www.cableforum.uk/board/showthread.php?t=33691873)

devilincarnate 05-02-2013 16:07
Re: Virgin up for sale?
 
Well the shares in VM are going up.

http://www.nasdaq.com/symbol/vmed

Itshim 05-02-2013 16:18
Re: Virgin up for sale?
 
Quote:
Originally Posted by devilincarnate (Post 35532330)
Well the shares in VM are going up.

http://www.nasdaq.com/symbol/vmed
Would be worrying if they did not :D

Horizon 05-02-2013 16:21
Re: Virgin up for sale?
 
Quote:
Originally Posted by Top banana (Post 35532266)
Neil Berkett will be giving a view tomorrow morning when he announces their results. Reckon he will be hoping it goes through as counts his 180,000 shares. Deserves it though as he is the guy who took the share price from 8 dollars to 40.

Interesting point is that Liberty were the major shareholder in Telewest
....yes, that is interesting, isn't it? Things always go round in circles.

What was the past may well become the future.;)

denphone 05-02-2013 16:24
Re: Virgin up for sale?
 
Quote:
Originally Posted by Itshim (Post 35532331)
Would be worrying if they did not :D
Have you got any Victor?.:)

Horizon 05-02-2013 16:32
Re: Virgin up for sale?
 
Quote:
Originally Posted by telfordcable (Post 35532289)
Virgin Media go into administration if a deal broke down with Liberty Global. I hope they go into administration, cos serve them right!
You do realise, don't you, that vm have an annual revenue of $4 billion? That's why Liberty Media is sniffing around VM now. They are making money and although their debt is huge, Liberty have deep pockets and bring $4 billion of cash (should they wish to use it) to the table. Any bank will lend erm the rest.

devilincarnate 05-02-2013 16:36
Re: Virgin up for sale?
 
Quote:
Originally Posted by denphone (Post 35532334)
Have you got any Victor?.:)
I bet the staff who have got share options are getting very happy now? Maybe

Mr Banana 05-02-2013 16:41
Re: Virgin up for sale?
 
Quote:
Originally Posted by devilincarnate (Post 35532330)
Well the shares in VM are going up.

http://www.nasdaq.com/symbol/vmed
I bet there were a lot of people on the phone the second nasdaq opened, they will have made an instant killing - looks like they are up $6 already and its only been open an hour or so!

MalteseFalcon 05-02-2013 16:44
Re: Virgin up for sale?
 
Quote:
Originally Posted by telfordcable (Post 35532289)
Virgin Media go into administration if a deal broke down with Liberty Global. I hope they go into administration, cos serve them right!
I don't care if this causes an infraction or not, but <mod deleted: If something isn't helpful, and will inflame matters, don't post it>

devilincarnate 05-02-2013 16:53
Re: Virgin up for sale?
 
Quote:
Originally Posted by telfordcable (Post 35532289)
Virgin Media go into administration if a deal broke down with Liberty Global. I hope they go into administration, cos serve them right!
Cannot see it happening?

Quote:
John Malone's international cable business Liberty Global Inc. ( LBTYA ) is close to a deal to buy U.K. cable-television and Internet provider Virgin Media Inc. ( VMED ), which could create a stronger competitor to market leader British Sky Broadcasting Group PLC (BSY.LN).

The boards of the two companies were meeting Tuesday to discuss a takeover of Virgin Media by Liberty Global, which could be announced Wednesday if not sooner, according to people familiar with the matter.
http://www.nasdaq.com/article/libert...8#.UREpyh3BdrM

Itshim 05-02-2013 16:56
Re: Virgin up for sale?
 
Quote:
Originally Posted by denphone (Post 35532334)
Have you got any Victor?.:)
Not personally. What is in the portfolio, I normally have no idea. Stocks & shares are not my expertise.Last time I asked - It was all why , whats wrong, . Younger brother was really upset I questioned what he was doing. Just NOT done in the family, outside formal meeting. When all is open to questions. Saying that I have not really ever looked at any of the other businesses. To far away if honest .Making money, employing family & other staff. So fine by me . That`s the way it has been within the family for over a hundred years. Vetoed a couple of ideas over the years. (If two object its dumped.:) No question, no argument.)

Bogof 05-02-2013 17:05
Re: Virgin Media Fourth Quarter 2012 Results
 
Quote:
Originally Posted by Hugh (Post 35532283)
And News Corp has $16.46 billion in debts - standard business practice....
Who gives a toss a out news corp? Or are they going to bid for virginmedia? Wha a random comment lol

gba93 05-02-2013 17:07
Re: Virgin Media Fourth Quarter 2012 Results
 
Quote:
Originally Posted by Bogof (Post 35532375)
Who gives a toss a out news corp? Or are they going to bid for virginmedia? Wha a random comment lol
Hardly random - just balanced

denphone 05-02-2013 17:09
Re: Virgin Media Fourth Quarter 2012 Results
 
There is nothing at all wrong with his comment Bogof because as he says many companies carry considerable debts and as long as those debts can be serviced then there is no problem at all.

Bogof 05-02-2013 17:13
Re: Virgin Media Fourth Quarter 2012 Results
 
Quote:
Originally Posted by denphone (Post 35532378)
There is nothing at all wrong with his comment Bogof because as he says many companies carry considerable debts and as long as those debts can be serviced then there is no problem at all.
Still seemed pretty random to me.

---------- Post added at 16:13 ---------- Previous post was at 16:12 ----------

Quote:
Originally Posted by gba93 (Post 35532376)
Hardly random - just balanced
What? Where is the balance?

thenry 05-02-2013 17:14
Re: Virgin Media Fourth Quarter 2012 Results
 
no. he's saying businesses have huge debt but put up against revenue and assets it doesn't look bad as in doom gloom shut the silly business down.


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