StockLogistics
3 años hace
"We may from time to time, depending on market conditions and prices, contractual restrictions, our financial liquidity and other factors, seek to repurchase the 2024 Notes in open market transactions, privately negotiated transactions, by tender offer or otherwise, as market conditions warrant.
As described above, on September 10, 2021, we exchanged $112.8 million of the 2024 Notes for $114.7 million of newly issued 2028 Notes, reflecting a call premium of 1.688%. Bond issuance costs of $1.1 million associated with the $112.8 million of the 2024 Notes are being amortized as part of the effective yield on the 2028 Notes.
On September 24, 2021, we repurchased $4.7 million of the 2024 Notes for $4.7 million in cash, recognizing a net loss of $56,000 after adjusting for bond issuance costs.
Based on the balance of the 2024 Notes outstanding of $98.8 million, we are required to pay $6.6 million per year in interest on the 2024 Notes. As of September 30, 2021, accrued interest on the 2024 Notes was $2.3 million.
We incurred debt issuance costs of $4.2 million, of which $2.3 million of third-party debt modification costs are reflected in operating expenses for the current period, $0.8 million is deferred with the Delayed Draw 2028 Notes, and $1.1 million, along with $3.0 million from the exchanged 2024 Notes, is being amortized as part of the effective yield on the 2028 Notes."
https://www.otcmarkets.com/filing/html?id=15330602&guid=iQtwkno1-lwfJth#D240858D10Q_HTM_TX240858_8
fivexshot
4 años hace
Hey Dubster!
I remember you, and thanks for the compliment.
I got out of it, because SALM's B.O.D. & management got rid of the dividend... It once was .065 per share!!! Then it went to .025, and ultimately no dividend. I think the hardcore Democrat Shorts have tried to sink it. They would try to sink Rush Limbaugh too if his EIB broadcast was publicly traded.
The only other deep discount priced, dividend paying stock, that I could ever find, was "NYMT". I never invested in NYMT though. It's a high risk R.E.I.T. that pays .20 a share!!??
"MMX" I am into... It's a gold Royalty Company (growing small cap stock), and it pays .01 cent per share.
You got any good dividend plays?
fivexshot
6 años hace
If Ed Atsinger could only get the dividend increased by another 1/4 cent... The effect on SALM's PPS would be tremendous. But I get it; there is a delicate balance with cash for dividends, and cash for aquisitions.
Fact is: The current dividend, at .065 per share, has been 'stuck in the mud' for far too long. The dividend needs a little boost.
Hopefully the Democratic Party's open embracement of Socialism (as an identified policy objective) now, will bring tightly-knit American families back to the far right, thus increasing the NAV of SALM. The website investments need to reap more fruit. Same as the publishing companies under this stock's umbrella.
Glad to see efforts in the direction of marketing & advertising.... Let's see if they focus that at their online presence, and not just radio.
Great time to be in Salem as I see it, especially going into the 2020 elections, as the company's business model will play an important part. At least I hope so. The pendelum does swing, and Trumpism is a movement right now. Far bigger than anything which the Left can produce.
Let freedom ring!!!
Opinions???
Is anybody even out there?
fivexshot
7 años hace
SALM is a Rocka-Rolla.
Breakout time!!! And it's good for 2 quick, upside points from $3.20 a share, easy... Straight up the hill.
The stock has done that twice in 3 years!
This one is wayyyy oversold.
The Gabelli forum is next month, and so is the dividend payout!!! Maybe they will raise the dividend to .0675 a share, and blow the doors off the shorties??
Ride the Salem Radio Network train all the way into Q-1 of 2021, because they will make some serious bank off of midterms & then the Presidential election.
Political advertising = $$$$$.
Expecting a new 52 week high for SALM.
stocktrademan
9 años hace
$SALM recent news/filings
bullish
charts that are focused on long term growth and are not affected by earnings reports
inverted head and shoulders
## source: finance.yahoo.com
Wed, 22 Jul 2015 13:40:01 GMT ~ TEGNA-Gannett Q2 Earnings Surpass Estimates, Decline Y/Y - Analyst Blog
read full: http://finance.yahoo.com/news/tegna-gannett-q2-earnings-surpass-134001169.html
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Thu, 16 Jul 2015 20:26:07 GMT ~ Salem Media Group Schedules Second Quarter 2015 Earnings Release and Teleconference
[at noodls] - CAMARILLO, Calif. , July 16, 2015 /PRNewswire / -- Salem Media Group, Inc. (NASDAQ: SALM) announced today that it plans to report its second quarter 2015 financial results after the market closes on August ...
read full: http://www.noodls.com/view/81C84CD9159CC866D8A104C36E8564EF8D2552E8
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Thu, 16 Jul 2015 20:10:00 GMT ~ Salem Media Group Schedules Second Quarter 2015 Earnings Release and Teleconference
[PR Newswire] - CAMARILLO, Calif., July 16, 2015 /PRNewswire/ -- Salem Media Group, Inc. (NASDAQ: SALM) announced today that it plans to report its second quarter 2015 financial results after the market closes on August ...
read full: http://finance.yahoo.com/news/salem-media-group-schedules-second-201000831.html
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Wed, 15 Jul 2015 13:30:01 GMT ~ Frontline, Triangle Petroleum, Netflix, Salem Media Group and Sirius XM Holdings highlighted as Zacks Bull and Bear of the Day - Press Releases
read full: http://finance.yahoo.com/news/frontline-triangle-petroleum-netflix-salem-133001624.html
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Tue, 14 Jul 2015 21:08:09 GMT ~ Will Netflix Growth Bubble Burst on David Einhorn's Take? - Analyst Blog
read full: http://finance.yahoo.com/news/netflix-growth-bubble-burst-david-210809141.html
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$SALM charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$SALM company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/SALM/company-info
Ticker: $SALM
OTC Market Place: Not Available
CIK code: 0001050606
Company name: Salem Media Group, Inc.
Incorporated In: DE, USA
$SALM share structure
## source: otcmarkets.com
Market Value: $127,338,528 a/o Jul 28, 2015
Shares Outstanding: 19,865,605 a/o May 01, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$SALM extra dd links
Company name: Salem Media Group, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SALM/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SALM/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SALM+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SALM+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SALM+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SALM/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SALM/news - http://finance.yahoo.com/q/h?s=SALM+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SALM/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SALM/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SALM/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SALM/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SALM/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SALM/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SALM/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SALM/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SALM+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SALM
DTCC (dtcc.com): http://search2.dtcc.com/?q=Salem+Media+Group%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Salem+Media+Group%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Salem+Media+Group%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SALM/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SALM
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SALM/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SALM/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SALM/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001050606&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SALM/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SALM/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SALM/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SALM/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SALM&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SALM
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SALM/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SALM+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SALM+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SALM
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SALM
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SALM+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SALM/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SALM+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SALM.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SALM
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SALM/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SALM/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SALM/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SALM/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SALM
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SALM
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SALM:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SALM
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SALM
$SALM DD Notes ~ http://www.ddnotesmaker.com/SALM