|Shares Out. (in M):||1,345||P/E||0.0x||0.0x|
|Market Cap (in $M):||24,788||P/FCF||0.0x||0.0x|
|Net Debt (in $M):||0||EBIT||0||0|
Sign up for free guest access to view investment idea with a 45 days delay.
|UMG||10,000||12,000||Bull case represents multiple re-rating as well in spinoff|
|GVT||5,625||8,000||Bull case represents takeout valuation.|
|Net Cash - proforma for €4.1b for Marac sale and €13.5b for SFR and Oct 13 ATVI sale||7565||7565|
|20% stake in Numericable||4000||4000||Valuing Num-SFR combined INCLUDING synergies at €20b|
|Numericable earnout||750||750||Deal related|
|Law suit provisions (Liberty case)||-550||-1045|
|Spotify||148||370||$4b-$10b valuation for 5% stake (then convert to €)|
|Vevo||259||370||$700-$1b valuation for 50% stake (then to €)|
|Other assets||1200||1200||Property, NPV of NPLs etc.|
|Cash raised from ATVI sale on May 25th 2014||615||615|
|Remaining ATVI Stake||707||707||At mkt value (ticker ATVI US)|
|Societe Edition de Canal stake||374||374||At mkt value (ticker AN FP)|
|Holding company costs||-693||-693||7x 2014E EBITDA|
|show sort by|
Are you sure you want to close this position VIVENDI?
By closing position, I’m notifying VIC Members that at today’s market price, I no longer am recommending this position.
Are you sure you want to Flag this idea VIVENDI for removal?
Flagging an idea indicates that the idea does not meet the standards of the club and you believe it should be removed from the site. Once a threshold has been reached the idea will be removed.
You currently do not have message posting privilages, there are 1 way you can get the privilage.
Apply for or reactivate your full membership
You can apply for full membership by submitting an investment idea of your own. Or if you are in reactivation status, you need to reactivate your full membership.
What is wrong with message, "".