Daily Stock Opinions and Ratings

Opinions

Peter Hodson Magna Entertainment (A) MEC.A-T DON'T BUY Jul 10, 2003

May have overpaid on acquisitions.

Peter Hodson

Unknown

Unlock Rating

$6.400

Stock price when the opinion was issued

entertainment services

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

BUY

Making a lot of acquisitions, so cash flow is down. Book value is $7US. Quite cheap. High risk.

DON'T BUY

Not widely followed. Not sure of their growth or profitability.

BUY

A fast growing company. Slot machines are starting to get approved in different states. A good price.

BUY

Interesting. Speculative. Good company.

DON'T BUY

Feels management is taking too much money.

HOLD

Looking better since the corporate restructure in the Magna group. Has made a lot of acquisitions of US racecourses.

DON'T BUY

Will have to pay about $50 million fee to Pennsylvania for the rights to install slot machines. Also have a large capital expenditure to upgrade some of their tracks in the US.

DON'T BUY

A pretty risky situaton. Is it about Frank Stronach's personal interest or increasing shareholder wealth.

DON'T BUY

Could never figure this name out. This is Mr. Stronach’s business. Management has been a revolving door. If you can't keep senior management in place, it indicates there are issues.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Peter Hodson Magna Entertainment (A) MEC.A-T DON'T BUY Jul 10, 2003

You might be interested:

Magna Entertainment (A)(MEC.A-T)

Magna Entertainment (A)(MEC.A-T)

Magna Entertainment (A)(MEC.A-T)

Magna Entertainment (A)(MEC.A-T)

Magna Entertainment (A)(MEC.A-T)

Magna Entertainment (A)(MEC.A-T)

Magna Entertainment (A)(MEC.A-T)

Magna Entertainment (A)(MEC.A-T)

Magna Entertainment (A)(MEC.A-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Bruce Murray

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Chris Blumas

Stockchase Insights