InvestorsHub Logo
Followers 0
Posts 18
Boards Moderated 0
Alias Born 06/29/2022

Re: None

Tuesday, 02/28/2023 5:02:09 PM

Tuesday, February 28, 2023 5:02:09 PM

Post# of 35
10/31/2008... AUD traded at 0.06x sales...recession... radio is dead.
7/31/2009 broke through 0.25x sales...
Then traded often between 0.50x-1.00x sales...

Just before COVID, people thought radio was dead and AUD traded at .25x sales...
Hit a momentary bottom in early COVID then spent 2021 even through shut-downs/disruptions mostly 0.29x-0.75x sales...

Priced for immediate death now even with debt maturities outside 2023 at under 0.03x sales. Insider owners (Chairman Emeritus and his son the current Chair and CEO) are aligned with equity.

Management plans to report on strategic actions March 15th... risk yes, but upside possibility is eye-popping.

(all sales multiple calcs from Fastgraphs)