Belo Corp. - Do TV Stations Still Have Value? [View article]
Agreed. Great write-up MD.
One thing I'd like to add is management owns 12% of the dual-class shares outstanding. However, with only insiders owning Class B shares (entitling each holder to 10 votes per share) they control 55% of the total votes. They can essentially run the company however they see fit and with little input from outside shareholder.
While this may not always be a negative (e.g. management may display a history of acting in the interests of all shareholders), it does raise red flags as outside shareholders have even less of a say in the general operations of the company and must (even more so) rely on the competence, integrity and morals of management.
Shares Of Seagate Technology Could Triple In The Wake Of Thailand Floods [View article]
Mark, Great write-up. I have a few questions. They all center around how well STX can take advantage of this opportunity:
Has STX's supplier base been affected in any way that might prevent/delay delivery of key components?
You mentioned that STX will gain market share by having their largest customers signing longer-term agreements. What is STX's current capacity and do they have enough to meet this demand?
Is the increased capacity that you mentioned from capital expenditures or from the Samsung HDD acquisition?
Belo Corp. - Do TV Stations Still Have Value? [View article]
One thing I'd like to add is management owns 12% of the dual-class shares outstanding. However, with only insiders owning Class B shares (entitling each holder to 10 votes per share) they control 55% of the total votes. They can essentially run the company however they see fit and with little input from outside shareholder.
While this may not always be a negative (e.g. management may display a history of acting in the interests of all shareholders), it does raise red flags as outside shareholders have even less of a say in the general operations of the company and must (even more so) rely on the competence, integrity and morals of management.
Shares Of Seagate Technology Could Triple In The Wake Of Thailand Floods [View article]
Great write-up. I have a few questions. They all center around how well STX can take advantage of this opportunity:
Has STX's supplier base been affected in any way that might prevent/delay delivery of key components?
You mentioned that STX will gain market share by having their largest customers signing longer-term agreements. What is STX's current capacity and do they have enough to meet this demand?
Is the increased capacity that you mentioned from capital expenditures or from the Samsung HDD acquisition?