SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (72315)2/15/2023 1:15:49 AM
From: Area51  Read Replies (2) of 78659
 
That's probably a fair assessment of LUMN (value trap) certainly looking back to the last few years. It's mostly a turnaround story (not unlike INTC) at this point. The 2022 results were pretty much as expected, but the forward guidance (FY 2023) was significantly less than what had been previously projected. 2022 EBITDA was 5.54 Billion and reduces to 4.7 billion in 2023; FCF $100 million of free cash flow in 2023 after delivering $2.26 billion in 2022 is quite a shock. They made some suggestion about 2023 being the bottom and growth returning in 2024 and 2025; but maybe smart to believe it when you see it. For 2023 I'd rather be in the bonds (The january 2028 bond has a 15% yield to maturity, with a current yield of about 9.5%; CUSIP 156686AM9).

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News