Magna Entertainment (A)

MEC.A-T

Analysis and Opinions about MEC.A-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
November 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.
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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
DON'T BUY
September 16, 2004
A pretty risky situaton. Is it about Frank Stronach's personal interest or increasing shareholder wealth.
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A pretty risky situaton. Is it about Frank Stronach's personal interest or increasing shareholder wealth.
DON'T BUY
DON'T BUY
July 8, 2004
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.
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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
HOLD
September 10, 2003
Looking better since the corporate restructure in the Magna group. Has made a lot of acquisitions of US racecourses.
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Looking better since the corporate restructure in the Magna group. Has made a lot of acquisitions of US racecourses.
DON'T BUY
DON'T BUY
July 10, 2003
May have overpaid on acquisitions.
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May have overpaid on acquisitions.
DON'T BUY
DON'T BUY
June 30, 2003
Feels management is taking too much money.
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Feels management is taking too much money.
BUY
BUY
May 23, 2003
Interesting. Speculative. Good company.
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Interesting. Speculative. Good company.
BUY
BUY
April 11, 2003
A fast growing company. Slot machines are starting to get approved in different states. A good price.
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A fast growing company. Slot machines are starting to get approved in different states. A good price.
DON'T BUY
DON'T BUY
September 19, 2002
Not widely followed. Not sure of their growth or profitability.
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Not widely followed. Not sure of their growth or profitability.
BUY
BUY
September 4, 2002
Making a lot of acquisitions, so cash flow is down. Book value is $7US. Quite cheap. High risk.
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Making a lot of acquisitions, so cash flow is down. Book value is $7US. Quite cheap. High risk.
WEAK BUY
WEAK BUY
July 29, 2002
Making good purchases, but may be paying too much.
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Making good purchases, but may be paying too much.
TOP PICK
TOP PICK
July 25, 2002
Good assets. Electronic wagering problems have been solved and will be the big growth.
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Good assets. Electronic wagering problems have been solved and will be the big growth.
BUY WEAKNESS
BUY WEAKNESS
July 2, 2002
Strong management. Good assets. Buy on weakness.
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Strong management. Good assets. Buy on weakness.
DON'T BUY
DON'T BUY
May 30, 2002
Wait to see if the management team can get it working. A little high.
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Wait to see if the management team can get it working. A little high.
BUY
BUY
May 14, 2002
Good company. On site slots will be a good winner.
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Good company. On site slots will be a good winner.
Showing 1 to 15 of 28 entries

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

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Magna Entertainment (A) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Magna Entertainment (A)(MEC.A-T) Frequently Asked Questions

What is Magna Entertainment (A) stock symbol?

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

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

In the last year, there was no coverage of Magna Entertainment (A) published on Stockchase.

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

Magna Entertainment (A) was recommended as a Top Pick by Steve Carlin on 2008-11-27. 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 help on deciding if you should buy, sell or hold the stock.

Is Magna Entertainment (A) worth watching?

In the last year 0 stock analysts on Stockchase covered Magna Entertainment (A). The stock is worth watching.

What is Magna Entertainment (A) stock price?

On , Magna Entertainment (A) (MEC.A-T) stock closed at a price of $.