Magna Entertainment (A) (MEC.A.TO) Buy, Sell…

Magna Entertainment (A) (MEC.A.TO)

0.00

-0.00 (0.00%)

2 watching

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.

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.

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Magna Entertainment (A) (MEC.A.TO) Frequently Asked Questions

What is Magna Entertainment (A) stock symbol?

Magna Entertainment (A) is a OTC stock, trading under the symbol MEC.A.TO (previously MEC.A-T on Stockchase) on the undefined (undefined). It is usually referred to as or MEC.A.TO

Is Magna Entertainment (A) a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on MEC.A.TO (previously MEC.A-T on Stockchase) on Stockchase. Read the latest expert commentary for Magna Entertainment (A).

Is Magna Entertainment (A) a good investment or a top pick?

Magna Entertainment (A) was recommended as a Top Pick by Michael Smedley on 2002-05-14. Read the latest stock experts ratings for Magna Entertainment (A).

Why is Magna Entertainment (A) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Magna Entertainment (A).

Is Magna Entertainment (A) worth watching?

Magna Entertainment (A) is covered by Stockchase experts and is worth watching.

Most Recent Experts

Rick Rule

Rule Investment Media

Chris Blumas

at Raymond James Investment Counsel Ltd.

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

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Magna Entertainment (A) (MEC.A.TO)