tom, you've only got half of the story. besides the shares of a potential spinofff like solutions media that are distributed to shareholders, peacock also keep other shares which go on the balance sheet and can be kept, sold or reinvested in new companies. owning the peacock shares is the golden goose, the little companies are the eggs, keep some, sell some but i think this plan bodes well for the share price always having a strong price, plus the dividends providing pops every year.
in the soccer deal for older shareholders in may, we all got 1 for 100 in san diego soccer. so a $5 price on san diego soccer, is like 5 cents for my old peacock basis, but if san diego soccer shares are at 5, then the shares peacock has left add 2-3 million to the book value of peacock.
i get the upside of the internet stock market deals, plus the real value of the real estate holdings and the dividends already paid.
as you say to investors reading this, due you own dd, i am long shares in the 6 digits. |
