CHTR

"We need to go to Charter to understand that. And here you have Charter's business model, who is just saying, look, we're going to make just 100 bucks per customer, while everybody else is charging more."

"Charter Communications where they have currently a free cash flow yield of a crazy 25% used for buybacks, if nothing changes and the stock price remain where it is, they can buy the whole company back in three years. That's crazy. The stock, if that happens, will not remain where it is. 3 to 5x potential with some risks, of course."

"Charter Communications"

"Charter Communications is one of the best asymmetric risk and reward bets out of the market. The stock price was 800 just a few years ago. Now it's 144. Just that reverting and the cash flows are there for it to revert will give you a 5x."

"I reiterate my stance for that. But you have to understand the risk and reward."

"But a 3x is very very possible. Let's discuss what we do on this channel. The risk and reward. And when it comes to the risk and reward,"

"There is huge potential. I mean the stock was at 800 just a few years ago. 800 now we are down to 140. That's a decline of 82%. revert that and that's your forex and the cash flows, the buybacks could really revert that"

"The key question for me personally is is there potential of total failure? Yes. Thus I cannot put it in my portfolios despite the symmetric risk and reward. I'm a value investor. It doesn't feel good for me."

"Charter Communications. We discussed it at 230. Now it's at 140. Let's dig deeper. If we look at the stock price, now things are getting ridiculous. 5 billion of free cash flow. The market cap is 17 billion."

"However, we also have to discuss the risks. Second scenario, the decline continues. That's approximately 700 million of revenue and consequently FCF gone, free cash flow gone because their expenses are pretty much fixed. That would mean 4 billion 4 billion in 2027, 7 billion in 2028 and then declining every year. Given the debt burden, a declining cash flow isn't a positive and explains what is priced in now."

"Third scenario very quickly. Recession, higher interest rates, inflation, stagflation, competition, no increase in prices, FCF goes down significantly, IBITA goes down, debt covenants and chowo chowo, raatsi."

"somebody told me they have 22% in charter which is crazy because of the potential complete failure risks that's too much of a bet"

"Free cash flow. They are using it for repurchases if they can keep the free cash flows. It is declining a little bit, but this is still 4.8 billion. That's still crazy. They are doing the buybacks and those buybacks should revert the stock price sooner or later."

"There is the potential of total loss, but there is also significant upside. It's not a value investment given the total loss potential but the upside is 3 to 5x."

"If you look at the revenues, those have been pretty stable per quarter for the last few years. In the green, we have net income also stable 1 billion per quarter, one something. It gives you the four five billion per year of free cash flows."