UK markets open in 7 hours 44 minutes

AT&T Inc. (T-PC)

NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
26.68+0.12 (+0.45%)
At close: 4:00PM EDT
Sign in to post a message.
  • P
    ProBusiness
    I just read the Stankey interview from this morning. And his effort suggests to me business as usual, which I guess is ok since T has had no choice but to do what Elliott Management suggested a couple of years ago. They have mostly divested back to their core business. So, He represents status quo, the typical administrator that is overpaid for being a “Bean Counter”. I would prefer a entrepreneur personality with focus to innovate and determination to create the business for the next ten to twenty years and beyond but to find that individual would require a much different BOD’s. Bottom line the Discovery/Time Warner has good prospects for growth under dynamic management and T should continue to pay a competitive dividend.
  • d
    daryl
    so over the past few months we T said good bye to 30, 29, 28 and now says good bye to 27
    what a total F- up
  • J
    Jason
    Well, that just happened. It has been said that $26.50 is in range of the historical sweet spot for T. In the past, value buyers have bought it up at that price and caused a “bounce.” T needs more than a bounce, it needs jet propulsion.
  • d
    daryl
    CHITLY continues to say that warner is undervalued - - he bought it for $ 110B and is selling it for $ 43B who overvalued it?
    Just look at the chart since CHiTLy made the announcement in MAY!
    Market continues to lower the value of T and dismisses what chitly even says - after all who can believe him anyways
  • J
    Jim
    The stock market is open which means T is lower. TFPOS
  • W
    Wayne
    is the dividend being pulled?
  • m
    michael leis
    To Mark love to see the class action suit really
  • J
    Jason
    … management MUST go. Wow, that interview. I’m over it.
  • J
    Jim
    I feel like throwing in the towel, but that usually means the selling may be close to over. At least that's been my experience. I feel like something good has to happen at some point, since every single thing this year has been negative for shareholders.
  • M
    Mark
    Question for anyone who knows. I've been buying T shares for years now for the stable dividend. When they announced the spin off next year, I thought it sounded like a decent deal for shareholders especially after the CEO bought a large number of shares.
    I kept buying and am now down a bunch.
    I also saw the discussion that they may reneg on the original announcement and do something else for the deal.
    Are these grounds for class action lawsuits against T management?
    Getting older would like consistency in my investments vs sketchiness...
    GLTA
  • d
    daryl
    headed to another new daily low UNREAL GD
  • A
    Anonymous
    After spin off/out of Warnermedia closes why would the dividend drop significantly below what it was before T acquired them…which is in line with what it is now?
  • -
    -------
    I would encourage people to read investopedia's explanation "Spin-Off vs. Split-Off vs. Carve-Out: What's the difference?". Essentially, if the deal becomes a split off, TWD will be created and merged with DISCA, then T shareholders are given a choice whether to exchange their shares for the new company or keep their existing T shares. It is a way to prop up the price of the existing company shares and not have the dilution of a spin off. As an incentive to take shares in TWD, likely there would be a few percent premium to take the offer. TWD will not pay a dividend, but T will. So if you want growth and streaming, take the TWD shares. If you want income and slight growth, stay with T. I think a split off solves the problem for the retirement income investors that don't want TWD but also don't want to see the price of T at $20, even if they do have 20% more shares. T would drop in outstanding shares, so the dividend might be higher than it would be in a spin-off as the company would be paying out less. For my part, I bought T for the dividend and it remains attractive even at the 5% projected post deal yield.
  • J
    Jim
    The latest deal was justified by the notion that it would unlock shareholder value, or so they say. Ever since the announcement the stock has been slaughtered. So the last 4 deals they have made all ended up draining massive shareholder value. TMobile debacle, DTV disaster, TW overpay, and now Discovery where the stock dropped from 33+ to under 27. Does it get any more incompetent than this?
  • d
    daryl
    market not buying ChiITLY's BS - TURD WILL CONTINUE FALLING
    26 coming and will be here to stay
    T falling another 52 cents next week as x div day
    quickly approaching 25
  • J
    James
    I am no accountant. I have just reviewed the difference between a spin off and a split off. Here is my takeaway. Please correct me if I am wrong.

    T is transferring the value of TW and combining it with DISC to create TWD. In exchange T is receiving 40 B or so in cash and 71% of TWD. In a spin off, that 71% goes to all T shareholders at some ratio of TWD stock per T share. We own shares in both companies. We are told that the market price of T stock will go down because of the value transferred out of T but part of that decrease will be offset by the value of the newly issued TWD stock.

    In a split off, T is going to offer the 71% of TWD to us, essentially asking us to sell our T stock back to T in exchange for TWD at some ratio that will be higher than the spin off ratio. It is in another sense a stock offering that will have to be priced at an exchange ratio that is high enough to induce enough T shareholders to sign up. When the spin off is done, T’s shares outstanding will go down by the number of shares that were tendered to T by T shareholders. This share reduction should support the T share price at a level higher than the decreased price that will result from the spin off. Is addition, the dividend will be higher than the dividend in the spin off due to the decreased share number.

    The split off is just another way of delivering the value of TW to T shareholders. The big difference with a split off is the need to pick whether you want a pure play communications company or a pure play entertainment company, rather than having smaller stakes in both.

    At first, I did not like the idea of the split off. Now, I am now not so sure. Both types of transactions are tax free.
  • P
    Pat Moore
    I held it for 8 years and sold at slightly above even when $38 something.
    For 8 years, I cried ever night because it was $27 for the 8 years.....then Jefferies got involved and Stanky and Randy back way which boosted the stock SP. I got out and now it is $27???? wow really, but the old fa rts love this becasue of dividend but this will be gone too..Sell and buy JNJ, KMI and KO
  • P
    ProBusiness
    Today is why we hold these shares. The market’s are plunging and T barely moves.
    The Media will blame everyone and everything but the true blame belongs in DC. To not understand that is to be part of the problem.
  • S
    Steel Curtain
    I told you to sell T over 33 and buy MO at 42. I was dog-cussed. lol. Fat dividend raise from $ 3.44 to $ 3.60 and I get paid again on 10/15.
  • J
    Jim
    FPOS Stock