Beyond on Odey22 Jul 2018 17:52
I know he owns a shed load of the SKY stock (so will say it’s WORTH MORE) but what did Crispin Odey say about SKY?
odey, whose firm is Sky’s 17th biggest investor with a 0.9 percent stake.
Odey said an increase in free cashflow could push the price even higher.
“My point is if your free cashflow looks like it’s going to come through at £2.5bn, which it should do within a year, what are you willing to pay for that? Well, you’re willing to pay £50bn,” Odey said, the equivalent to £26 a share.
So he wants £50bn on £2.5bn cashflow (20 times)
What is TSTR cashflow?
And multiply that by 20 that’s what he WILL want…