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To: Sun Tzu who wrote (7695)11/3/2023 2:17:00 PM
From: Sun Tzu  Respond to of 10713
 
Up 28% today. It's back almost exactly to the point where I sold QRTEP. I may consider a reentry.
Even QRTEA may become a consideration.

QRTEP


.

QRTEA



To: Sun Tzu who wrote (7695)11/3/2023 2:35:02 PM
From: Sean Collett1 Recommendation

Recommended By
Sun Tzu

  Respond to of 10713
 
$1,029 in working capital and $660 in net working capital and yet a market cap of $361M.

Fair value of their debt is down so they can buy it at a discount and gain on early extinguishment. Long-term debt went from $5,525 to $4,835 (-12.4%). Customer declines look to be stabilizing too which is a good thing to see.

Not the look of a company going bankrupt :)

-Sean



To: Sun Tzu who wrote (7695)11/3/2023 4:54:04 PM
From: sixty2nds1 Recommendation

Recommended By
Sun Tzu

  Respond to of 10713
 
Hello Sun Tau,

Thanks for posting that.
I'd seen the early PR but have not had a chance to dig in to the CC replay or Transcript.

This was an Important Q for Qurate.
Looks like they came through.

The next Q is also Important.
It is the MUNEE maker for the year.

The action today put my Position back in the Black.

I will still add through end of 2023.

Adding more QRTEP in 2024 will be evaluated after the next Q report.
I still plan to hold through march 2031 when the preferred is mandated to be bought back at $100/sh.

Nice work on the Toyota play.

Cheers,
S.



To: Sun Tzu who wrote (7695)11/14/2023 6:48:41 PM
From: sixty2nds1 Recommendation

Recommended By
Sun Tzu

  Read Replies (1) | Respond to of 10713
 
I had a chance to review the QRTEP CC and Transcript.

It was a pretty solid Quarter for Qurate.

I'm going to Fill out my Position at 2X this Quarter.

Cheers,
60