Jim Cramer mentioned NTL Incorporated (NTLI) bullishly last night on Mad Money, including a mention of my analysis on StreetInsight.com that is also posted here.
With Cramer putting the stock in the news, I wanted to mention that the company recently announced it will report before the open next Tuesday, May 9. Additionally, at least one analyst has mentioned the possibility that the results of round-two bidding for Premier League soccer rights could be announced before NTL reports. Both of these events could move NTLI shares.
Finally, BSkyB reported this morning, and subscriber additions were at the low end of analyst estimates. Churn was also worse than analyst expectations. I am not sure if there is any impact over to NTLI as Freeview is the share gainer in U.K. multichannel television. My bullishness on NTLI is based on cost savings, free cash flow and potential private equity interest. Growth in revenue and subscribers will be quite modest.