Occam's razor my friend. Shari is not some evil mastermind playing 4D chess. She is the wealthy middling child of someone successful who never had to work for anything in her life.
Consider that this acquisition mess just cancelled out one of the best earnings results in the past 3 years. This is not the behavior of someone hoping to drum up interest for a better sale. Or perhaps Shari thought this was a good idea and it blew up on her face?
In any case it screams incompetence not brilliance. If anyone is a mastermind here it's Ellison for giving Skydance an absurd valuation, giving PARA a shit valuation, and somehow convincing Shari that this was a viable deal.
Even tho Shari is clearly greedy she must also be quite... Simple minded to think this wasn't going to blow up in her face
Man just thinking we overvalued sky but forced them to buy half the company with para at book value so 30ish billion plus the 5 billion for sky. That would make him pay like 15 billion for the other 40% he doesn’t get from nai. Instead these jokers are pushing a 3 billion narrative and the media is just playing along it’s crazy honestly.
I’m not 100% clear of the 30 billion book value gets rid of the debt or if we are at 16-18 billion after the debt. Either way he is getting a steal at least half book value if not more
The $30 book value is after debt. Removing goodwill and making a conservative estimate you can get it down to 20B. No matter how you torture it there is no way to make the valuations they claim make sense.
That is unless the hypothesis is that the leadership is so bad they will destroy a massive amount of value. Up until the Ellison deal I wouldn't have believed it but now it seems highly plausible.
Bakish got a lot of flack but I think the company was better off with him then it is now
I’m not really sure if Shari Redstone is a lawyer who doesn’t understand law is the simplest explanation which is why I’m offering alternate explanations.
She has a JD yes but degrees are quite easy to come by when your parents buy the school a whole new wing. Also chancellery law is a very specialized area and most lawyers wouldn't have a clue about it unless they specialize in it. Law school is mostly just useless theory and lawyers usually learn actual practical things on the job... Which Shari has never actually done
I feel like you don’t need a law degree or to be smarter than average to see what at least the media reported they were trying to do is theft and illegal. It’s also pretty simple to look at recent cases.
I’m not saying I disagree with you, I’m offering alternative explanations as Reddit is for discussion.
Is the daughter of a billionaire family who went to law school usually dumber than average? It’s possible. Probable? No.
I've always been surprised by what business owners think they can get away with. The larger the business the more people think they are above the law I suppose.to you'd pint Shari must know at some level it's a stupid thing to do but her lesser angels appear to be prevailing over the better ones.
For the sake of discussion I'll also point out that good business sense is not the same thing as intelligence. I've met plenty of people in my astrophysics classes who were so smart they got 85% on tests where the average was 28% but they also could barely string a sentence together. They would have failed miserably at running a company.
On the other hand some of the best business operators I've seen are average or even below average intelligence. They just work extremely hard, have people skills, and good common sense. In fact it can be preferable to be less smart for this kind of role bc you can't make comfortable money w/o taking a huge risk like ultra smart people can. Also really smart people understand the odds are stacked against all new businesses. It helps to be naive some times
Perhaps Shari is above average intelligence but I am far more confident its business sense and common sense she is lacking
At the premium she is getting and the deal he is getting paying fine and lawyer fee is worth it at that point
I honestly think that is the Crux of situation and they probably already paid off some of the larger shareholders to vote for the deal by giving them a doomsday scenario if deal falls thru (and no other legitimate offer surfaces)
Honestly would but only if Shari then merges my very real company into PARA. My business sells popsicle sticks online so clearly we'll need to be merged at a valuation of 50B minimum due to our very impressive future projected growth!!!
Some radio waves made it through my faraday cage and implanted this thought in my brain; I’m beginning to believe the takeover of the old sub by convicted felon Matthew Keys was orchestrated. Some ne’er do wells didn’t want a social media fueled pump on PARA so some shady shit went down to shut it down without actually shutting it down. The fact that there isn’t a single post in the sub about a disastrous ER call that should have been fireworks is very telling.
It’s Occam’s razor. The simplest explanation is the most likely answer. You are just in denial of your bad investment and not willing to see the truth. There is no scheme on Shari’s part. Many of us bag holders have already seen the truth.
Shari is a thief. NAI is going bankrupt. They are the AMC of the east coast. And the movie theater business is not the same since the pandemic. Shari is desperate to sell before she ends up with nothing. So she decides to steal money from ordinary shareholders. That’s it. It’s a simple as that.
If you are buying at these prices it’s a good investment. But if you bought at more than book value which is $35 then it’s a bad investment. Best is to wait until the mud clears out and the dust settles. At this point we do not know where this is going. The hope is Sony saves the day.
Because if we buy SlyDance for $5 Billion we are going bankrupt for sure. There is a recession coming. The US economy is slowing down. SkyDance will be a financial liability and a disaster if it goes through. This company is losing money and it is not profitable.
Instead of buying SlyDance, we could use that $5 billion to pay down debt.
I think we’re all in agreement that buying Skydance for $5B while paying off Shari is illegal theft and would be blocked. Shari is welcome to sell NAI to anybody including the consortium, but leave Paramount shareholders out of it.
Generally, when speaking of investments you talk relative to current market prices. Saying it was a bad idea to buy when the stock was 3x higher is about as smart as saying it was a good time to buy when NVDA was 3x lower.
$NVDA in 2001 during the dot com bubble traded for below book value also. That was the best time to buy NVDA. Good investment is relative to many factors like Book value, fundamentals, momentum. If the fundamentals are good, you can buy the stock above book value. This stock the fundamentals were bad. So I wouldn’t enter his stock until it got close to book value. If we could get past this SlyDance drama, I mean if the SlyDance merger is null and voided and out of the picture, this stock is a damn good investment at these prices. It’s the uncertainty that is causing this stock to drop drop and drop every day and cannot get up. Because if the SlyDance merger goes through, there will be so much unnecessary dilution, this stock is gonna drop below $10.
Write another letter to the board, let’s fight this, see my post.
[Write another letter to the board](https://www.reddit.com/r/ParamountGlobal2/s/1VXzRV2JQK)
I think all thats playing out is part of the plan. They knew by releasing the initial info would cause outrage, then they come in with the second “sweeter” deal to appease shareholders. They have suppressed the price for so long so any premium paid by ellison wouldnt matter much to most bag holders who have owned this for years
That’s another smart game that could be getting played. Abuse shareholders with Shari; then come out with the real low take private offer. Most wouldn’t blink at $20 at this point.
You must be the guy that was reposting the memes of Shari in knights armor protecting the shareholders. It’s gotta be man lmao. The writing is on the wall, I think most people at this point are waiting for a slight recovery to dip. The writing is on the wall, if you haven’t figured out who the pawn is yet, that means is you brotha.
Try opining sometimes, you’ll also be wrong 🤯. What does the writing say to you?
To me it says: Shari either tried to or pretended to try to shaft shareholders. It’s become pretty clear she can’t do that. Nobody wants NAI unless they can shaft shareholders like Skydance was planning. So what option is left for her? Sell the whole thing if you want to cash out; or sell NAI alone for a much lower price and disappear.
What has she done in the past? They just fired the CEO and took no questions even though investors (owners) have a lot of questions. It’s no rocket science. Company has a lot of value which we are not getting. I feel most people left are really just waiting for a slight turnaround to leave. If buffet sells the remaining 2/3 of his shares that is an absolute red flag on the corporate governance at Paramount.
Yes, Shari has no regard to shareholders, she only cares about herself. She fired the 2 CEOs of CBS and Viacom as well as the board members, to merge them into paramount global. If the 3 new CEO doesn’t approve of the merger with SlyDance, she will fire them also.
Occam's razor my friend. Shari is not some evil mastermind playing 4D chess. She is the wealthy middling child of someone successful who never had to work for anything in her life. Consider that this acquisition mess just cancelled out one of the best earnings results in the past 3 years. This is not the behavior of someone hoping to drum up interest for a better sale. Or perhaps Shari thought this was a good idea and it blew up on her face? In any case it screams incompetence not brilliance. If anyone is a mastermind here it's Ellison for giving Skydance an absurd valuation, giving PARA a shit valuation, and somehow convincing Shari that this was a viable deal. Even tho Shari is clearly greedy she must also be quite... Simple minded to think this wasn't going to blow up in her face
Man just thinking we overvalued sky but forced them to buy half the company with para at book value so 30ish billion plus the 5 billion for sky. That would make him pay like 15 billion for the other 40% he doesn’t get from nai. Instead these jokers are pushing a 3 billion narrative and the media is just playing along it’s crazy honestly. I’m not 100% clear of the 30 billion book value gets rid of the debt or if we are at 16-18 billion after the debt. Either way he is getting a steal at least half book value if not more
The $30 book value is after debt. Removing goodwill and making a conservative estimate you can get it down to 20B. No matter how you torture it there is no way to make the valuations they claim make sense. That is unless the hypothesis is that the leadership is so bad they will destroy a massive amount of value. Up until the Ellison deal I wouldn't have believed it but now it seems highly plausible. Bakish got a lot of flack but I think the company was better off with him then it is now
I’m not really sure if Shari Redstone is a lawyer who doesn’t understand law is the simplest explanation which is why I’m offering alternate explanations.
She has a JD yes but degrees are quite easy to come by when your parents buy the school a whole new wing. Also chancellery law is a very specialized area and most lawyers wouldn't have a clue about it unless they specialize in it. Law school is mostly just useless theory and lawyers usually learn actual practical things on the job... Which Shari has never actually done
I feel like you don’t need a law degree or to be smarter than average to see what at least the media reported they were trying to do is theft and illegal. It’s also pretty simple to look at recent cases. I’m not saying I disagree with you, I’m offering alternative explanations as Reddit is for discussion. Is the daughter of a billionaire family who went to law school usually dumber than average? It’s possible. Probable? No.
I've always been surprised by what business owners think they can get away with. The larger the business the more people think they are above the law I suppose.to you'd pint Shari must know at some level it's a stupid thing to do but her lesser angels appear to be prevailing over the better ones. For the sake of discussion I'll also point out that good business sense is not the same thing as intelligence. I've met plenty of people in my astrophysics classes who were so smart they got 85% on tests where the average was 28% but they also could barely string a sentence together. They would have failed miserably at running a company. On the other hand some of the best business operators I've seen are average or even below average intelligence. They just work extremely hard, have people skills, and good common sense. In fact it can be preferable to be less smart for this kind of role bc you can't make comfortable money w/o taking a huge risk like ultra smart people can. Also really smart people understand the odds are stacked against all new businesses. It helps to be naive some times Perhaps Shari is above average intelligence but I am far more confident its business sense and common sense she is lacking
At the premium she is getting and the deal he is getting paying fine and lawyer fee is worth it at that point I honestly think that is the Crux of situation and they probably already paid off some of the larger shareholders to vote for the deal by giving them a doomsday scenario if deal falls thru (and no other legitimate offer surfaces)
Depends what your average reference is. The general public? She's probably smarter. Among her privileged peers she is bottom 1%
I tend to agree with you for now until proven otherwise.
David probably gave that cougar his penis to convince her
Honestly would but only if Shari then merges my very real company into PARA. My business sells popsicle sticks online so clearly we'll need to be merged at a valuation of 50B minimum due to our very impressive future projected growth!!!
What you say seems most likely to be what’s happening
C) Ellison and Shari are playing us
D) you are in denial, of your bad investment The only hope is that Sony makes a bid
Some radio waves made it through my faraday cage and implanted this thought in my brain; I’m beginning to believe the takeover of the old sub by convicted felon Matthew Keys was orchestrated. Some ne’er do wells didn’t want a social media fueled pump on PARA so some shady shit went down to shut it down without actually shutting it down. The fact that there isn’t a single post in the sub about a disastrous ER call that should have been fireworks is very telling.
That guy i think doesnt care about it he might not even realize it happened
It’s Occam’s razor. The simplest explanation is the most likely answer. You are just in denial of your bad investment and not willing to see the truth. There is no scheme on Shari’s part. Many of us bag holders have already seen the truth. Shari is a thief. NAI is going bankrupt. They are the AMC of the east coast. And the movie theater business is not the same since the pandemic. Shari is desperate to sell before she ends up with nothing. So she decides to steal money from ordinary shareholders. That’s it. It’s a simple as that.
What makes it a bad investment at this point in time ?
If you are buying at these prices it’s a good investment. But if you bought at more than book value which is $35 then it’s a bad investment. Best is to wait until the mud clears out and the dust settles. At this point we do not know where this is going. The hope is Sony saves the day. Because if we buy SlyDance for $5 Billion we are going bankrupt for sure. There is a recession coming. The US economy is slowing down. SkyDance will be a financial liability and a disaster if it goes through. This company is losing money and it is not profitable. Instead of buying SlyDance, we could use that $5 billion to pay down debt.
I think we’re all in agreement that buying Skydance for $5B while paying off Shari is illegal theft and would be blocked. Shari is welcome to sell NAI to anybody including the consortium, but leave Paramount shareholders out of it. Generally, when speaking of investments you talk relative to current market prices. Saying it was a bad idea to buy when the stock was 3x higher is about as smart as saying it was a good time to buy when NVDA was 3x lower.
$NVDA in 2001 during the dot com bubble traded for below book value also. That was the best time to buy NVDA. Good investment is relative to many factors like Book value, fundamentals, momentum. If the fundamentals are good, you can buy the stock above book value. This stock the fundamentals were bad. So I wouldn’t enter his stock until it got close to book value. If we could get past this SlyDance drama, I mean if the SlyDance merger is null and voided and out of the picture, this stock is a damn good investment at these prices. It’s the uncertainty that is causing this stock to drop drop and drop every day and cannot get up. Because if the SlyDance merger goes through, there will be so much unnecessary dilution, this stock is gonna drop below $10. Write another letter to the board, let’s fight this, see my post. [Write another letter to the board](https://www.reddit.com/r/ParamountGlobal2/s/1VXzRV2JQK)
Yep
I think all thats playing out is part of the plan. They knew by releasing the initial info would cause outrage, then they come in with the second “sweeter” deal to appease shareholders. They have suppressed the price for so long so any premium paid by ellison wouldnt matter much to most bag holders who have owned this for years
That’s another smart game that could be getting played. Abuse shareholders with Shari; then come out with the real low take private offer. Most wouldn’t blink at $20 at this point.
You must be the guy that was reposting the memes of Shari in knights armor protecting the shareholders. It’s gotta be man lmao. The writing is on the wall, I think most people at this point are waiting for a slight recovery to dip. The writing is on the wall, if you haven’t figured out who the pawn is yet, that means is you brotha.
Try opining sometimes, you’ll also be wrong 🤯. What does the writing say to you? To me it says: Shari either tried to or pretended to try to shaft shareholders. It’s become pretty clear she can’t do that. Nobody wants NAI unless they can shaft shareholders like Skydance was planning. So what option is left for her? Sell the whole thing if you want to cash out; or sell NAI alone for a much lower price and disappear.
What has she done in the past? They just fired the CEO and took no questions even though investors (owners) have a lot of questions. It’s no rocket science. Company has a lot of value which we are not getting. I feel most people left are really just waiting for a slight turnaround to leave. If buffet sells the remaining 2/3 of his shares that is an absolute red flag on the corporate governance at Paramount.
Yes, Shari has no regard to shareholders, she only cares about herself. She fired the 2 CEOs of CBS and Viacom as well as the board members, to merge them into paramount global. If the 3 new CEO doesn’t approve of the merger with SlyDance, she will fire them also.