Every company trading on the stock exchange has 2 values – one it believes is fully valued of their shares and how the market values the shares. Often it has 2 different values because the market is more pessimistic and sees headwinds or things that could change the outlook for the company. The market is always right. That does not change the viewpoint of CEOs who want the stock to reflect what their value is.

In an article by Benjamin Mullin of Reuters, the giant media and telecommunications company Comcast. The company was originally founded by Ralph Roberts and is now headed by his son Brian. The company has its roots in the cable TV network.

Comcast has expanded over the years from cable to owning Madison Square Gardens – The Knicks and Rangers; NBC Broadcasting and a host of cable channels. CEO Brian Robets for the division called NBCUniversal Media LLC the desire is to split the movie studio and theme parks from the cable TV channels. Many people have cut their cable or do not pay cable bills because they stream services. However, cable TV is very profitable business.

The cable channels generate about $7 billion of revenue a year and include: MSNBC, CNBC, USA. Oxygen, E!, Syfy, and Golf. Comcast would keep 1/3 of the voting shares, but Mr. Roberts would not serve on the Board of Directors or oversee its operations.

The new CEO will be the Chair of NBCUniversal Media Group – Mark Lazarus. If all goes well through the regulatory agencies, late 2025 or early 2026. Then the debt free company would be able to do acquisitions.

Linking to dividend paying stocks, all CEOs if they are honest, pay attention to value of their shares including what they think is fair market value and what the market’s value is for the shares. Often times there is change in the industry or society and the issue is how will the company come through the changes. What is the history of the company and changes? Does it need new management? The market always has many questions about the company.

There are more questions than answers, till the next time – to raising questions.