Waddell investment down to the last 82M? OUT of (521M)

[El-blanco]

When you have your head up your ass, you'll believe anything.

BPP comes on board (which he rarely does) to explain basic common sense.

Yet you have posters on here carrying on. I don't know how people can take such pride in being willfully dumb.

lol you're the one who is confused man. You keep talking about things you don't understand, mutual funds. I agree that we don't what they spent the money on, I've made that very clear. But what is clear from most reports is that media group holdings H was given to Haymon for PBC. How he spent it is unknown. I don't know why you're twisting it into something else.

[IMDAZED]

I'm just trying to make sense of what I read. I just can't fathom that Haymon spent $130 mil from Oct 1- Dec 31 last year on the shows PBC put on.

3 months is 12 weeks, If they did 2 shows a week- that's 24 shows-that's an average of $5.4 mil spent per show. Now I am not sure how many shows they produced but I know the bounce and BET shows didn't come close to that.

Anyone know how many shows PBC put on the last qtr?

It doesn't make sense because it's absolutely ludicrous.

They have no idea what companies are in that fund other than PBC.

But they're too pig-headed to admit that so they pretend it can only be PBC spending that money.

In short, the companies tied to that specific holdings may have spent a certain amount. How many companies? We don't know. What was allocated to whom? We don't know. But we do know PBC was one of those companies.

[BWC]

I'm just trying to make sense of what I read. I just can't fathom that Haymon spent $130 mil from Oct 1- Dec 31 last year on the shows PBC put on.

3 months is 12 weeks, If they did 2 shows a week- that's 24 shows-that's an average of $5.4 mil spent per show. Now I am not sure how many shows they produced but I know the bounce and BET shows didn't come close to that.

Anyone know how many shows PBC put on the last qtr?

Guys your looking at this all wrong. The $82mm is not the actual cash on hand, it's just a valuation number. It does not mean Haymon has blown through the rest

[IMDAZED]

lol you're the one who is confused man. You keep talking about things you don't understand, mutual funds. I agree that we don't what they spent the money on, I've made that very clear. But what is clear from most reports is that media group holdings H was given to Haymon for PBC. How he spent it is unknown. I don't know why you're twisting it into something else.

LOL did you seriously say things I don't understand?

I reconcile balance sheets for a publicly traded, small cap company. I spend half my day on here and the other half looking at tables.

See the bolded? That's where you've got it ****ed up. You know PBC may be financed through one holding. But you don't know who else is. And I doubt they are the only ones.

But I'm wrong, right? OK. Answer this: Show me in which press release does it say that media group holdings H is SOLELY for one company?

Don't worry, I'll wait.

[The Big Dunn]

Guys your looking at this all wrong. The $82mm is not the actual cash on hand, it's just a valuation number. It does not mean Haymon has blown through the rest

ok, that's what IMDAZED seems to be saying. that's why I asked the TS because when I read the initial post, that what it appeared his contact was saying. Now I know I am one of the pro-Haymon guys on NSB, but it seemed impossible that he spent $130 mil in 90 days-especially given the holiday season.

[El-blanco]

LOL did you seriously say things I don't understand?

I reconcile balance sheets for a publicly traded, small cap company. I spend half my day on here and the other half looking at tables.

See the bolded? That's where you've got it ****ed up. You know PBC may be financed through one holding. But you don't know who else is. And I doubt they are the only ones.

But I'm wrong, right? OK. Answer this: Show me in which press release does it say that media group holdings H is SOLELY for one company?

Don't worry, I'll wait.

I already linked you to the article a few pages back that said they invested $432. Are you saying Haymon didn't get over $400M? Even though that article which has an interview with the company says they did? Isn't that what all reports say? I really don't care what you do for a living. You seem out of your depth here. We were in agreement until you wrongly assumed I was suggesting haymon spent it all on boxing. Settle down fan boy.

[New England]

The only one here crying and critiquing is you
you didn't like my source, I couldn't care less
Did you really have to post that

i am not crying . i have a big smile on my face. it's the weekend, and i had a nice little week. you seem a bit tense, brih.

pardon me for being skeptical when the first post in the thread basically quotes a dude from reddit without saying where he got his information, or who he is. didn't know that criticism, which is really just an analysis, and sarcasm, which is really just a way of my communicating my doubts, was going to be that big of a deal!


if you think the source is defensible, you can defend it. use your words! i don't even know who the guy is. all i saw / heard in your TS was "This guy from reddit say this," which is an anonymous forum as far as i know.

[IMDAZED]

I already linked you to the article a few pages back that said they invested $432. Are you saying Haymon didn't get over $400M? Isn't that what all reports say? I really don't care what you do for a living. You seem out of your depth here. We were in agreement until you wrongly assumed I was suggesting haymon spent it all on boxing. Settle down fan boy.

@ this response.

Haymon was given a facility of some sort where he can draw over $430m.

He may have used $10m. $400m.

You don't know. Are you ready to admit that? Cuz the only reason you think I'm out of depth is because you're trying to drown me with your BS.

[El-blanco]

@ this response.

Haymon was given a facility of some sort where he can draw over $430m.

He may have used $10m. $400m.

You don't know. Are you ready to admit that? Cuz the only reason you think I'm out of depth is because you're trying to drown me with your BS.

Hardly lol So, you are agreeing that he was given over $400M? Is it so hard to believe that money is from Media group holdings H? Considering multiple sites including the one I linked, that has an interview with the guy who made the deal, says that's where the money came from and that was the amount? Don't the numbers add up? You keep saying, "I don't know what he spent it on." I've agreed to that numerous times. What you're not understanding is that regardless of what it was spent on, that money has been greatly reduced.

[Cinci Champ]

My only question is why networks would want to invest in a venture that is haemorrhaging viewers?

Granted, out of 50+ cards can pick out 5-6 individual fights that have done okay, but the general trend is clearly downwards.

Why would a network be interested?

valid point but the reality is when they put on good fights people watch