this is their price to book, i wonder if this is correct after the reshuffle, anybody know? I am looking boyd gaming and trying to figure out which one is the value. boyd looks solid in all areas except eps as they all suck there. property to mkt cap is not great - about 4 like to see 7.
I like the overall setup of this stock as the gambling stocks seem to be taking off no matter what they are. all are debt ridden with great PPE. This one is no different that Caesars, same setup that brought them from 7 a share to current price. Just want to see the new balance sheet with all the numbers in the right slots to see what their property ratio to market cap is. This is where the value is for these stocks, throw debt back into market cap and divide into property total.
No, they need their money for investing in other property, I see no div in the near future. But, I think this is a good investment. Just want to see the first quarter after the split to see what shakes out of the tree. Could go up a bunch or down a bunch, not taking that chance. Spartan just bought Nash Finch same deal, see what the new financial looks like. Good Luck. Ps, if you divs go to the Kimberly Clarks and Colgate section of the stock market. Not a bad idea really.
Go the Key Statistics on the right side of the summary page and go to the bottom right. Last split was 2-1, 03-08-2005
Certainly not for long term investors. I invested a small amount of money and have six figure gains. I wish management of my other stocks would squeeze me like that.
I read some of the questions they were asked the one particular questioner was not too impressed as i saw it. Others are also doing presentations. I hope they get it but the cannabolization in PA is getting tough
Penn mgmt. has no credibility - rem. the last 'buyout' - def. going thro just a day or two before it fell apart. 'Never did hear how much they had to pay for the class action suits.
so they are powerful enough to overcome rules of REITs?
The Carlinos are very powerful you should watch what you say
oh my, you think I should listen to that reliable source and cover my short on PENN? No because Peter Carlino cannot be in control of PENN and GLPI. DUHHHHHHHHHHHHHHHH
I guess I better never listen to Stephanie...ever...cnbc pumper