Seeking Alpha

KISS_investor

KISS_investor
Send Message
View as an RSS Feed
View KISS_investor's Comments BY TICKER:
Latest  |  Highest rated
  • Comcast Tries, Tries Again To Buy The Internet [View article]
    I could care less about the politics...

    i beleive the gov't did what comcast wanted in blowing up the merger. The costs were going to be too high with regards to vertical integration. Short term the merger was a big money maker, long term it could have stymied their takeover of the world..
    May 27, 2015. 06:38 PM | Likes Like |Link to Comment
  • Comcast Tries, Tries Again To Buy The Internet [View article]
    As well they should!!!

    I hope they continue to move towards content.

    I bet in a couple of years they will have an over the top streaming internet service of their own ala netflix except with a tie in to local tv, sports etc in their markets...potentially a jv with the now gigantic charter..... they will drive up content costs for streaming companies, they will create their own content and will call it by some fancy name ..it will be just like netflix except with sports and local affiliates...i wonder what they could get for that bundle in 2017.

    2GB speed, tons of movies and shows, sports, local, access to comcast's own massive on demand library..

    heck it could even have netflix built in...if they can sell verizon wireless in a bundle they can sell netflix..

    no reason for them to sit back now...the TWC deal got smacked down, so they don't have to be good boys anymore..
    May 27, 2015. 04:22 PM | Likes Like |Link to Comment
  • 3 Reasons To Be Particularly Bullish On Comcast [View article]
    thats an issue relating to the power of apartment building landlords, not the "internet system"

    they are the ones stopping you from getting dsl.
    May 20, 2015. 07:25 AM | Likes Like |Link to Comment
  • 3 Reasons To Be Particularly Bullish On Comcast [View article]
    Comcast pays programmers
    The programmers jack their rates up on Comcast..

    Comcast passes on that rate hike.

    Comcast cable gross margins have been flat for 20 years...they are just passing through the salaries of sports players and the massive rate increases from fox news, disney and all the popular cable channels...

    They don't unbundle because the programmers will not let them..

    the programmers have a sweet deal...they hide their massive rate increases in the cable bill, and cable gets blamed...i like investing in disney too for this reason..
    May 12, 2015. 09:35 AM | Likes Like |Link to Comment
  • 3 Reasons To Be Particularly Bullish On Comcast [View article]
    There is more power but only on paper..

    the votes are meaningless.
    May 11, 2015. 06:15 PM | Likes Like |Link to Comment
  • 3 Reasons To Be Particularly Bullish On Comcast [View article]
    that's correct. Comcast has been family "controlled" since going public in the 70's

    They argue that it gives them the ability to strategically buy and sell assets and that's worked out pretty well for them.

    Brian L Roberts is the CEO and his dad was the founder.
    May 10, 2015. 10:03 AM | Likes Like |Link to Comment
  • 3 Reasons To Be Particularly Bullish On Comcast [View article]
    It's a testament to Comcast's terrific deal making ability. They got a sweet deal with NBCUniversal. Their timing was incredible.
    May 9, 2015. 06:23 PM | Likes Like |Link to Comment
  • 3 Reasons To Be Particularly Bullish On Comcast [View article]
    You have it opposite.

    The tv business has much smaller margins. The ISP business is capital intensive but once its built there is no programming cost.

    Comcast pays ESPN/FOX/HBO/Disney etc etc...huge fees and marks them up ..their cable tv margins have been flat for over 10 years...our prices go up because of ESPN/FOX/HBO/Disney etc etc. not because comcast is making more..

    there are no programming costs in the dumb pipe business..and comcast is going to have the best dumb pipes around..
    May 9, 2015. 06:21 PM | 1 Like Like |Link to Comment
  • 3 Reasons To Be Particularly Bullish On Comcast [View article]
    Actually i'm even more bullish, the cable business for Comcast is actually not eroding much at all...they have had some quarters where they add growth..

    THeir free cash flow is growing...that means returns to shareholders will grow...its a virtuous circle..

    what comcast is doing now is pretty thrilling for investors and even customers are going to have to take notice... assuming mr market doesn't tank , the next two years will likely have investors enjoying the pent up appreciation from the last year of waiting for TWC.

    You can now watch anything on your dvr on any device anywhere, you can stream(just starting) video from your location to any comcast subscriber, there is xfinity wifi everywhere, their X1 platform is excellent and is getting an upgrade next year.
    The X1 product is one of the biggest positive surprises from them.

    Programmers will want their cake and eat it too...they will go "over the top" but they get much more money from Comcast that pays carriage fees...this model is not going anywhere..

    and if it does, Comcast will tick up broadband only fees relative to bundled fees...and broadband margin is much higher than tv margin.

    Add to this that by end of next year as you noted, the broadband product is going to be much improved with lots of tiers for comcast to gain margin..the Cable ISP's are all doing this...DOCSIS 3.1 comes out and it makes their product best in class even relative to Google test markets..

    Comcast has bad PR...no way around it...you know what? they have 25 million monthly subs...they expect perfect service 24/7...i don't blame them...but reality is that this is a massive tech achievement, the reality is comcast customer service is much much better that people think...theres no way to convince the message board minions of this....last week they announced they were hiring 5500 new customer service reps...they got blasted for that too.... frankly as an investor i could care less.. their pr is so bad, there is only one direction, up.

    the downside for comcast is that they may aggressively pursue more programming or perhaps a wireless company, maybe a twitter... they are known for issuing stock aggressively, maximizing synergy and cash flow, then buying back the stock...they've been doing this since the 80's
    May 9, 2015. 10:02 AM | 1 Like Like |Link to Comment
  • Say Goodbye To Your Margins: What Google Fi Means For Verizon [View article]
    Name some of the specific "antagonistic" attitudes towards gov't expressed by Comcast
    May 4, 2015. 07:48 AM | Likes Like |Link to Comment
  • Comcast beats by $0.05, beats on revenue [View news story]
    Its notable that Comcast pulled off these results while preparing for the merger that never happened..

    Rather than diluting the stock short term in exchange for synergies longer term, they will reduce share count with their predictable and still growing cash flow

    In 2016, Comcast will roll out ubiquitous 2GB internet.

    Next stop $70. If overall market hangs in there, it could happen pretty quickly.

    May 4, 2015. 07:46 AM | Likes Like |Link to Comment
  • Say Goodbye To Your Margins: What Google Fi Means For Verizon [View article]
    So basically your article is about how its maybe possible that if lots of things happen in the future, Google fi could have some impact on carriers margins.

    "Say goodbye to wireless margins" is typical seeking alpha click bait hyperbole..

    It's ok, everybody does it.

    btw..
    Long goog, cmcsa, vz and t...they all benefit from faster speeds and in my own opinion, network scale economics preclude the disintermediation we've seen in lots of tech and other markets...the cost of entry is just too high
    May 1, 2015. 10:55 AM | Likes Like |Link to Comment
  • Say Goodbye To Your Margins: What Google Fi Means For Verizon [View article]
    Hey cmon Google announced they are getting into a market..that's the end of that market!!!

    First they crushed the ISP's with Google fiber, now they've crushed the wireless carriers...

    Ummmmmm.... oh wait....
    Apr 29, 2015. 07:50 AM | 1 Like Like |Link to Comment
  • Say Goodbye To Your Margins: What Google Fi Means For Verizon [View article]
    Its really amazing how Google is assumed to have magical bullets that can ignore financial realities.

    All they have to do is open up a couple of test fiber markets and ISP's are out of business, all they have to do is compete with Cricket as a reseller and VZ is the short of the century..

    It's amazing to me that Apple is even still in business competing with these guys..
    Apr 28, 2015. 05:49 PM | 3 Likes Like |Link to Comment
  • Apple Earnings: Astonishingly Good [View article]
    The law of large numbers is why Apple trades at such a discounted multiple..

    the sheer amount of $$ needed to grow at this pace seems impossible to achieve..

    For Apple, however, there is a competing idea which is the economics of growing networks and scale... it also seems impossible that the virtuous circle of revenue for Apple can be broken...in the next couple years they will break into cars, tvs and who knows what else...you will be an apple subscriber or not...apple subscribers will be tied into apple products with no way out without major disruption and apple will collect rents from all kinds of commerce that will happen over its devices...

    it is an astonishingly powerful growth engine and it allows them to price their products at market busting gross profits, forces their partners to subsidize some of their devices and everytime somebody buys one of their apps or devices it makes it more likely they will buy another one..

    I can't think of anything like it...Microsoft never was able to leverage its OS into hardware or it would in the same place..
    Apr 28, 2015. 07:23 AM | 10 Likes Like |Link to Comment
COMMENTS STATS
373 Comments
361 Likes