Stockchase Opinions

Steve CarlinMagna Entertainment (A)MEC.A.TODON'T BUYNov 27, 2008

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.
$2.72

Stock price when the opinion was issued

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DON'T BUY
A pretty risky situaton. Is it about Frank Stronach's personal interest or increasing shareholder wealth.
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.
HOLD
Looking better since the corporate restructure in the Magna group. Has made a lot of acquisitions of US racecourses.
DON'T BUY
May have overpaid on acquisitions.
DON'T BUY
Feels management is taking too much money.
BUY
Interesting. Speculative. Good company.
BUY
A fast growing company. Slot machines are starting to get approved in different states. A good price.
DON'T BUY
Not widely followed. Not sure of their growth or profitability.
BUY
Making a lot of acquisitions, so cash flow is down. Book value is $7US. Quite cheap. High risk.
WEAK BUY
Making good purchases, but may be paying too much.
TOP PICK
Good assets. Electronic wagering problems have been solved and will be the big growth.
BUY ON WEAKNESS
Strong management. Good assets. Buy on weakness.
DON'T BUY
Wait to see if the management team can get it working. A little high.
BUY
Good company. On site slots will be a good winner.