https://seekingalpha.com/article/4614893-att-stock-compelling-despite-28-billion-hole
21 replies (most recent on top)
Welcome to Bidenomics...i'm old enough to remember getting a $1,000 bonus check from Trump's tax cuts....
Are our pensions protected from the dividend cuts?
couple years ago "people are our greatest asset" now...we got nothing...nada...lol...hey look we all did the ESG and woke training but nothing has seemed to work lmfao
Sold all my T stock ages ago...bought NVDA...i am a freakin genius
Complaining about the debt never gets old. Even though we are paying it down. Paying workers and dividend too. Getting better.
AT&T is not paying it down, If AT&T was, we would see the debt go down. When you get popped, consider that a small, very small contribution to paying down the debt.
Complaining about the debt never gets old. Even though we are paying it down. Paying workers and dividend too. Getting better.
If AT&T was paying it down, it would be going lower. It has not. AT&T divested from DirecTV and Warner Media, and the debt that remains is over 130 Billion dollars. Going to take a lot of layoffs to pay that debt down and AT&T doesn't have enough employees to do so.
Remember Enron was "solvent" November 2001 and bankrupt December 1st 2001.
I wet my pants when I hear the word "debt".
That's fine Mr. I hear debt, p-e my pants. You should sh-t your pants. AT&T debt,137 BILLION dollars and has not gone down any, at all in the last 3 years. T Stock= $15 and change. FCF was missed last quarter by 2 Billion. Let us see if T misses FCF in the second quarter. If so, look for the precious dividend to be cut and the $4 stock price to follow.
Complaining about the debt never gets old. Even though we are paying it down. Paying workers and dividend too. Getting better.
AT&T debt = 137B
That's billion with a B!
T each quarter is living paycheck to paycheck. There is no long term plan on how to pay down the debt other than waiting for a new administration and return to big corp tax cuts.
Yeah, and guess who put T in that category? The same person who is now trying so desperately save the sinking ship. I don’t have confidence that he is capable.
the first thing that will go will be your bonus
I wet my pants when I hear the word "debt".
“Companies are defaulting on their debt due to uncertain economic conditions and heavy debt loads. ”
Debt by CEOs who should be sent to the business equivalent of Gamblers Anonymous instead of back to Vegas with a cash advance from the company credit card.
Corporate defaults rose last month, with 41 in the U.S. so far this year. That's more than double the same period last year, according to Moody's Investors Service.
Companies are defaulting on their debt due to uncertain economic conditions and heavy debt loads. High interest rates have made it difficult to refinance, as debt is more expensive.
The number of bankruptcy filings in the U.S. this year has 13also sharply risen, to levels not seen since 2010.
Not a good business yet so many workers fighting to stay.
The student loan analogy is spot on and should serve as a wake up call to everyone. I’d add to that AT&T didn’t graduate, so it’s not like finishing med school with a prospect for higher income. The debt must be paid, stuck flipping burgers, and you’ve got to pay dividends back to Ronald McDonald every quarter. How is this sustainable?
Imagine trying to pay off $100k in student loans working a minimum wage job all while trying to put food on the table and keep a roof over your head. That’s the seriousness of the AT&T debt situation.
The Trifecta that will cause T to fail..
1- Dividend will eat up just half of the expected free cash flow this year.
2- Total debt stood at $137 billion.
3- Rising interest rate environment.
Nobody ever said it was!
AT&T Stock Slumped 13% in the First Half.
I LOVET