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commented on a stock · Sep 20, 2024 12:04
$Sirius XM (SIRI.US)$ With the interest rate cut of 50 basis...
$Sirius XM (SIRI.US)$With the interest rate cut of 50 basis points, we shall see at least $45mil savings for SIRI with its total debt of $9.39bil. With the intention of further cut by 50 basis points throughout the year end, then it will double up to $90mil. It would add up 6% -7% to its profit after taxes on an annualised basis.
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