LILAK - Liberty Global: Why To Consider Divesting
Thesis
Liberty Global (LBTYA) (LILAK) (LBTYK) has been facing turmoil starting back halfway through FY15. It’s the largest broadband internet provider outside of the United States. While I believe that Liberty Global has potential, its loss in market share, insider sellouts, and unfavorable financial metrics have convinced me, for the time being, that there are better investments available.
Market Share Loss
Liberty Global has seen pretty significant market share losses, particularly in Belgium and Switzerland. In the nine months ending September 2018, Liberty Global lost 99,800 subscribers in Belgium and 139,000 in Switzerland. The U.K.,