TIP326: Intrinsic Value of Lumen with Ben Claremon and Eugene Robin (Business Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Business, Education, Investing

4.6 • 3.6K Ratings

🗓️ 6 December 2020

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s show we speak to Ben Claremon and Eugene Robin from Cove Street Capital about the intrinsic value of Lumen. Lumen Technology is a new name for a merged entity between Level 3 and CenturyLink. We discuss how Level 3 holds the hidden upside value while only being one-third of the new entity, and CenturyLink's dying business model is distracting the market attention. Ben and Eugene make a great case for why there may be a special situation between the two right around the corner that could be a catalyst for the stock price to soar. *The opinions expressed herein are those of Cove Street Capital, LLC and are subject to change without notice. Past performance is not a guarantee or indicator of future results. Consider the investment objectives, risks and expenses before investing. **The information in this presentation should not be considered as a recommendation to buy or sell any particular security and should not be considered as investment advice of any kind. You should not assume that the security discussed in this report is or will be profitable, or references we make in the future will be profitable or equal the performance of the security discussed in this presentation. The report is based on data obtained from sources believed to be reliable but is not guaranteed as being accurate and does not purport to be a complete summary of the available data. IN THIS EPISODE, YOU'LL LEARN: How to analyze the dynamics of a merger How to evaluate the debt burden of a company How to value a special situation What is the intrinsic value of Lumen BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Cove Street Capital, LLC is a registered investment adviser. More information about them is located in their ADV Part 2, located on their website or upon request Learn more about Cove Street Capital Check out our top picks for the Best Investing Podcasts in 2020 Stig: Twitter | LinkedIn Trey: Twitter | LinkedIn NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ HELP US OUT! What do you love about our podcast? Here’s our guide on how you can leave a rating and review for the show. 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Transcript

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0:00.0	You're listening to TIP.
0:02.0	On today's episode, we sit down with Ben Claremont and Eugene Robin from Coastree Capital.
0:08.0	We discuss Lumen technology, the stock ticker's LU-MN, and it's a new name for a merge entity between level 3 and Centrilink.
0:17.0	We discuss how level 3 holds the hidden upside value while only being one-third of the new entity.
0:22.0	And Centrilink's dying business model is distracting the market attention.
0:27.0	Ben and Eugene makes a great case for why they may be a special situational number tuned to right around the corner.
0:33.0	They could be a catalyst for the stock price to soar.
0:36.0	And before we jump into the episode, we also welcome our new co-host, Trey Lockaby.
0:45.0	You are listening to the Investors podcast.
0:48.0	Where we study the financial markets and read the books that influence self-made billionaires the most.
0:53.0	We keep you informed and prepared for the unexpected.
1:05.0	Hey everyone, welcome to the Investors podcast. I'm your host, Dick Broderson.
1:09.0	Today I'm even more excited than you are used to see me.
1:13.0	I am not accompanied by my co-host, Preston Pish.
1:16.0	Instead, I'm here with our new co-host, Trey Lockaby.
1:20.0	Trey, how are you doing today?
1:22.0	Stig, I am thrilled and honored to be the new co-host of We Study Billionaires.
1:28.0	I'm sure the audience has a lot of questions. I'm going to leave that to you.
1:32.0	But I can just only say how grateful I am and excited about this opportunity.
1:36.0	And we are equally as excited to bring you on, Trey, because you have been here for actually almost since the very beginning.
1:44.0	So perhaps the audience, at least the most strutal listeners, might be able to recognize your voice.
1:49.0	Even though it might be a tall order. So perhaps you can explain to the audience what do I mean by that?
	...

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