Is It Time To Take Another Look At Viacom (viab)?

Oh how the mighty have fallen! Is Viacom one of the old dinosaurs which thought it did not need to move with the times then realised too late it was being left behind by the new tech sector?

 

Looking at the graph, $35 seems to be the crucial point at which investors can legitimately claim a chart breakout. It must be a resurgence in takeover rumours which has pushed the price higher because investors have had some time to appreciate any “hidden value” and failed to respond.

 

I own 40 shares at $35.21 - have been buying it on dips in 10 share lots since early Aug.

 

I think a possible eventual takeover is certainly not off the table.

It's also very cheap, has strong institutional interest, and other attractive characteristics such as strong cash flow, return on equity, etc.

 

Cash flow is king and always has been - poor cash flow is the reason why many of the "new age technology companies" fall by the wayside, they simply run out of cash while promising investors jam tomorrow. I remember the company who owned the Candy Crush Facebook game, they had billions in the bank but had to close down as they were burning cash like a bonfire!