Charter's 28 bonds at 7% are fair versus 5% Treasuries and far below a near-bankrupt peer's 15%, so no bond-market distress signal. Charter is in a speculative betting phase; it could be an explosive bet if things improve.
Bullish
“S&P 500 460 to 483! DECK Looks Interesting+ DPZ, CLX, LULU, BXP, TKO, FDS, MKC, ALB, Charter, IT...”
Value Investing with Sven Carlin, Ph.D.Published Oct 25 · 1 passage
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Another real estate investment fund, with a 4% return, appears stable. This is a tempting bet. Things are starting to get crazy. How far can this go? We are talking about the possibility of the price-to- cash-flow ratio reaching one or two in the future.
Yes, there is a lot of debt, but Charter 28 bonds are now priced at 7%, which is much better than Core Weave's 15% bonds that are on the verge of bankruptcy. So, the bond market is still not giving a distress signal here.
Treasury bonds at 5%. This is at 7%, which is a fair price for this activity. So, he is in the betting phase. It could be an explosive bet if things improve in the future.
What this channel has said about $CHTR
Value Investing with Sven Carlin, Ph.D. has 3 calls on this stock; only the adjacent ones are shown.