Seeking Alpha
View as an RSS Feed

Crunching Numbers  

View Crunching Numbers' Articles BY TICKER:
  • Sirius XM And Free Cash
    Today, 6:19 AM SIRI 27 Comments

    Summary

    • Sirius has been enjoying the benefit of rising free cash flow.
    • The rise is due to a variety of factors including more than 5 years of rapidly rising new car sales, expense reductions and increasing new vehicle penetration rates.
    • Where will the free cash flow head in the future?
  • Frontier's $10.54 Billion Bet
    Thu, Mar. 12 FTR 16 Comments

    Summary

    • Frontier has agreed to purchase certain Verizon assets for $10.54 billion.
    • Recent increases in share price have made the Frontier dividend less attractive.
    • Recently liquidated more than 95% of my Frontier positions.
  • Capstone Turbine Finds New Ways To Disappoint Investors
     • Wed, Mar. 11 CPST 70 Comments

    Summary

    • Capstone generates remarkably poor revenue numbers.
    • Sets record gross margin percentage.
    • Sets new backlog record.
  • Reducing Cedar Fair From Buy To Hold
    Wed, Mar. 4 FUN 22 Comments

    Summary

    • Cedar Fair turns in solid, if unspectacular 2014.
    • Distribution still a reason to own units.
    • Now fully valued.
  • Is It Time To Consider B&G Foods For Its Dividend?
    Fri, Feb. 20 BGS 26 Comments

    Summary

    • B&G missed earnings.
    • Sell-off overdone.
    • Investors have the opportunity for double digit return.
  • Will B&G Foods Deliver A Negative Surprise?
    Sat, Feb. 14 BGS 14 Comments

    Summary

    • The company will report earnings on 2-18-15.
    • Specialty Brands acquisition should provide solid revenue.
    • B&G's recent push into snacks may prove to be a liability.
  • A Look At The Performance Of Sirius XM's Connected Vehicle Busines
    Mon, Feb. 9 SIRI 194 Comments

    Summary

    • Sirius had projected $100 million revenue and EBITDA breakeven for connected vehicle business in 2014.
    • Reported no new OEM's in 2014.
    • Management avoided questions.
  • Sirius XM Court Cases Continue
    Tue, Feb. 3 SIRI 85 Comments

    Summary

    • Lawsuits over pre-72 recordings continues.
    • Next issue is class action certification.
    • Next significant date is April 3, 2015.
  • PFSweb: What Drove The Shares Higher In A Down Market
    Sun, Feb. 1 PFSW 4 Comments

    Summary

    • On Friday PFSweb moved up almost 5% while the market sold off.
    • Share price spike unrelated to any fundamental news about the company.
    • Buy recommendation remains unchanged.
  • Update: Capstone Turbine Continues To Announce New Orders
    Thu, Jan. 29 CPST 93 Comments

    Summary

    • Capstone reported an order for 8 C65s.
    • Domestic order is for an integrated combined heat and power application.
    • Reinforces Capstone recommendation as a speculative buy.
  • Sirius XM Increases Push To Activate Dormant Radios
    Sat, Jan. 24 SIRI 178 Comments

    Summary

    • New car efforts no longer enough to achieve subscriber growth.
    • Sirius XM continues to focus on activating idle satellite radios.
    • Used car dealers in the program exceed 15,000.
  • Will Tiered Pricing Work At Sirius XM?
    Fri, Jan. 16 SIRI 83 Comments

    Summary

    • Frear discusses low-priced offerings.
    • Doesn't believe it works for Sirius.
    • Incremental revenue does not appear to be a meaningful amount.
  • Sirius XM: A Puppet On A String
    Tue, Jan. 13 SIRI 174 Comments

    Summary

    • John Malone is Chairman of Liberty Media, the majority owner of Sirius.
    • Greg Maffei is CEO of Liberty Media and Chairman of Sirius.
    • Malone has 46% of the votes at Liberty Media, and essentially determines what happens at Sirius.
  • Capstone Turbine Has A Strong Finish To The Quarter
    Sat, Jan. 10 CPST 30 Comments

    Summary

    • Capstone obtains $17 million in orders from Mexico.
    • Orders include shipments exceeding $1.5 million in December.
    • Capstone remains a speculative buy.
  • Update: PFSweb Reports Strong Growth For Q4
    Sat, Jan. 10 PFSW Comment!

    Summary

    • PFSweb reports a 20% year-over-year increase in client revenues.
    • Reports successful support of its clients through the 2014 holiday season.
    • Remains on track to meet its 2014-2015 targets.
    • Growth opportunities remain on track for above average long-term returns.
  • Update: Sirius XM Signs Second OEM For Connected Vehicle Services
    Tue, Jan. 6 SIRI 115 Comments

    Summary

    • Subaru Selects Sirius - AT&T connected vehicle solution.
    • Becomes the second OEM and first since Nissan in 2013.
    • Slow acceptance was anticipated.
  • Update: PFSweb Responds To Engine Capital Proposal; Speed Commerce Remains Silent
    Fri, Jan. 2 PFSW 3 Comments

    Summary

    • PFSweb responds coolly to Engine Capital proposal.
    • Company reiterates growth strategy.
    • Growth opportunities remain on track for above average long-term returns.
  • Activist Shareholder Pushing For PFSweb Merger
    Dec. 31, 2014 PFSW 2 Comments

    Summary

    • Engine Capital pushing for combination of PFSweb and Speed Commerce.
    • Looks for combined entity to result in 50% increase in shareholder value.
    • Increase based cost reductions from shared resources and increased visibility.
  • Sirius XM Short Interest Continues To Decline
    Dec. 30, 2014 SIRI 61 Comments

    Summary

    • Sirius short interest declines to multi-year low.
    • One year ago shares short totaled 280,003,400, most recently the number has fallen to 149,289,863.
    • Good or bad for Sirius?
  • A Christmas List For Sirius XM
    Dec. 24, 2014 SIRI 149 Comments

    Summary

    • Sirius underperforming the market.
    • Losses in the courts continue.
    • New car sales and low oil prices a plus for company.
  • Sirius XM: A Santa Claus Rally Needed To Propel Stock Gain For The Year
    Dec. 18, 2014 SIRI 78 Comments

    Summary

    • Sirius offers programming for holiday season.
    • Efforts to segment the market showing little in the way of positive results.
    • Stock has been slightly down for the past year.
  • Frontier Communications Raises Dividend And Raises Questions
    Dec. 17, 2014 FTR 24 Comments

    Summary

    • Frontier raises dividend 5%.
    • A dividend increase is an affirmation of the sustainability of the dividend.
    • There are better uses for that cash.
  • Update: Capstone Turbine Snags Major New Order, Buy Recommendation Reiterated
    Dec. 15, 2014 CPST 47 Comments

    Summary

    • Capstone records one of the largest orders in company history.
    • Large order should help offset increased risk elsewhere.
    • Reinforces view that Capstone is a long-term speculative buy.
  • Has Sirius XM Changed Churn? Should You Care?
    Dec. 12, 2014 SIRI 137 Comments

    Summary

    • Sirius churn statistics are key to subscriber growth.
    • "Low" rate of 1.9% results in losses of approximately 5 million self-pay subscribers.
    • Is Sirius playing fast and loose with the calculation?
  • Sirius XM Settles Suit With Attorneys General; What Are The Implications?
    Dec. 9, 2014 SIRI 156 Comments

    Summary

    • Sirius settles long standing disputes over state consumer protection statutes.
    • Sirius must pay $3.8 million to the states and provide restitution to certain subscribers.
    • Sirius must change advertising and customer service practices.
  • New Car Sales Should Help Sirius Meet Subscriber Guidance
    Editors' Pick • Dec. 6, 2014 SIRI 142 Comments

    Summary

    • November was a very strong month for new vehicle sales.
    • Full-year 2014 sales appear to be on pace for best year since 2007.
    • New vehicle sales are the main contributor to subscriber growth at Sirius.
  • Sirius XM And The Number Of Paying Subscribers
    Nov. 28, 2014 SIRI 33 Comments

    Summary

    • Sirius subscriber metrics are important to understanding the company.
    • Self-pay subscriber data could be considered the most important metric.
    • Company message has become inconsistent.
  • Sirius XM Facing Coast To Coast Setbacks
    Nov. 20, 2014 SIRI 160 Comments

    Summary

    • A recent ruling by a New York judge recognizes performance copyright ownership for pre-1972 recordings.
    • Goes beyond a more limited ruling in California.
    • Sirius facing a December 5th deadline to avoid summary judgment.
  • Capstone Turbine: Risk Priced Into This Small Cap Stock Now Overdone
    Editors' Pick • Nov. 19, 2014 CPST 27 Comments

    Summary

    • Shares down more than two thirds from 52-week high.
    • Sell-off overdone despite risks.
    • Cash position strong.
  • Update: PFSweb Releases Earnings, Issues Preliminary 2015 Guidance
    Nov. 14, 2014 PFSW Comment!

    Summary

    • PFSweb released earnings on November 12th.
    • Company reiterates guidance for 2014; issues preliminary figures for 2015.
    • Despite substantial gains in share price, growth opportunities remain intact for above average long-term returns.
  • Sirius Suffers Another Legal Setback
    Nov. 11, 2014 SIRI 217 Comments

    Summary

    • US Court of Appeals rules against Sirius.
    • Serious implications for marketing?
    • Could impact conversion rates.
  • The Fun Continues At Cedar Fair As Company Increases Payout
    Nov. 10, 2014 FUN 2 Comments

    Summary

    • Cedar Fair raises annual distribution by 7%.
    • Announces it will come in at low end of adjusted EBITDA guidance.
    • Previews the success of its Halloween season.