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Scientific Games Corporation Message Board

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  • With the large powerball jackpot, and the few extra bucks at the gas pump, slot machine sales, This stock could take off someday. It is all up to the management, which has lacked for how many years now? Investyourbuck

  • Reply to

    Chambrello Headed Back To GTECH

    by forreagan Feb 18, 2015 11:38 AM
    twotimesmoremeaningless twotimesmoremeaningless Feb 18, 2015 12:24 PM Flag

    Another excellent example of a misstep by SG

  • Good hire….integrity still matters in this business.

  • Reply to

    LATE COLLAPSE

    by raskolnikov88 Jan 8, 2015 5:15 PM

    The bonds are a better investment at current yields.

  • The combined entities now puts SGMS into the major leagues. It has a woeful balance sheet and junk bonds and the deal was put together out of thin air. It doesn't matter. Because now has Street Cred. cause of the Bally brand. The brass at SGMS have always been sleaze artists(Lorne Weil was one of the original ones,I believe)but they know how to manipulate massive debt. The old SGMS(originally Autotote) went from around 2.00 bucks a share to the low 30's from about 2000 to 2006 by doing the same thing(Autotote swallowing the much bigger Scientific Games in a massive debt scam). I know, I made a bundle. This "new" entity will be over 20.00 bucks a share by year's end. Buy in now. No telling if it can't get to 50.00 in a couple of years.

  • Reply to

    SGMS

    by twotimesmoremeaningless Dec 29, 2014 11:12 AM

    Let me add that I dont want to seem like a one sided prude.

    The analogy you offer is at a singular level - the order of magnitude of efficiency captured would be relatively small. However when you look at SG as a global organization waste becomes quite apparent.

    Sentiment: Strong Sell

  • Reply to

    SGMS

    by twotimesmoremeaningless Dec 29, 2014 11:12 AM

    What is the purpose of this post? Is this supposed to be a logical argument for what should change at SG or are you having trouble getting out of the house on time?

    If you want to have a serious discussion regarding thoughts on de-duplication of activities at SG we can but this drivel isn't close to serious.

    Sentiment: Strong Sell

  • Reply to

    SGMS

    by twotimesmoremeaningless Dec 29, 2014 11:12 AM

    There is some after maths but if senior management should be replaced ?

    Historical perspective and further reading

    First, write down a list of your daily activities that you typically do on a weekday. For instance, you might get out of bed, take a shower, get dressed, eat breakfast, dry your hair, brush your teeth, etc. Make sure to break down your list so you have a minimum of 10 activities.

    Now consider which of these activities is already exploiting some form of parallelism (e.g., brushing multiple teetht at the same time, versus one at a time, carrying one book at a time to school, versus loading them all into your backpack and then carry them "in parallel"). For each of your activities, discuss if they are already working in parallel, but if not, why they are not.

    Next, consider which of the activities could be carried out concurrently (e.g., eating breakfast and listening to the news). For each of your activities, describe which other activity could be paired with this activity.

    What could we change about current systems (e.g., showers, clothes, TV s, cars) so that we could perform more tasks in parallel ?

    Estimate how much shorter time it would be take to carry out these activities if you tried to carry out as many tasks in parallel as possible.

    -Contributed by David Kaeli

  • Reply to

    SGMS

    by twotimesmoremeaningless Dec 29, 2014 11:12 AM

    What will change to make 2015 more prosperous?
    If history teaches us anything SG will continue to search for additional M&A and JV opportunities that will have a positive spin but wont actually generate new revenue for the org. Debt will continue to grow and poor choices will continue to be made by the "professionals" that are leading growth for the org.

    SG needs to get back to basics - until the org has been realigned and the waste minimized this org will continue to falter.

    Sentiment: Strong Sell

  • Reply to

    SGMS

    by twotimesmoremeaningless Dec 29, 2014 11:12 AM

    Prosperous New Year 2015

  • twotimesmoremeaningless by twotimesmoremeaningless Dec 29, 2014 11:12 AM Flag

    Its funny - I replied to a thread with the statement below and for some reason the thread was deleted. It was a positive spin thread which I assume was posted by someone inside working on their bonus.

    The question raised was if senior management should be replaced.

    =====================
    I don't think senior level management needs to be replaced - they do need to unify and provide true leadership for the organisation. Unification and de-duplication is key to reducing opex.

    The problem has always sat with mid to senior level middle management. They run their divisions as if it were their personal empire. They're slow to implement common sense changes and they often times are the source of either in-silo or cross-silo tension. Not to mention that there is often time visible corruption in the command hierarchy (unfair/unbalanced management practices).

    SG teams have never had a defined organizational responsibility matrix; one of many common sense organizational tools this org has needed for years. At this point middle management couldn't implement it as it would be seen as an attempt at a power grab.

    No, I'm not saying senior level management needs to be removed. I'm saying the middle tiers need a shakeup. Organizational alignment, responsibility matrices and skill to position requirement gap assessments need to be performed - If they're in a position not because they've earned it but because they were cherry-picked they probably need to go; trim the fat so to speak.

    I however do not think that senior level management wants to roll up their sleeves and cleanup the mess, either of their making or their predecessors. It's a cushy gig with an expense account and limited oversight -- why mess with it.

    Sentiment: Strong Sell

  • Reply to

    All I Want For Christmas is...

    by flaz06 Dec 16, 2014 11:49 AM
    twotimesmoremeaningless twotimesmoremeaningless Dec 16, 2014 10:22 PM Flag

    I don't think senior level management needs to be replaced - they do need to unify and provide true leadership for the organisation. Unification and de-duplication is key to reducing opex.

    The problem has always sat with mid to senior level middle management. They run their divisions as if it were their personal empire. They're slow to implement common sense changes and they often times are the source of either in-silo or cross-silo tension. Not to mention that there is often time visible corruption in the command hierarchy (unfair/unbalanced management practices).

    SG teams have never had a defined organizational responsibility matrix; one of many common sense organizational tools this org has needed for years. At this point middle management couldn't implement it as it would be seen as an attempt at a power grab.

    No, I'm not saying senior level management needs to be removed. I'm saying the middle tiers need a shakeup. Organizational alignment, responsibility matrices and skill to position requirement gap assessments need to be performed - If they're in a position not because they've earned it but because they were cherry-picked they probably need to go; trim the fat so to speak.

    I however do not think that senior level management wants to roll up their sleeves and cleanup the mess, either of their making or their predecessors. It's a cushy gig with an expense account and limited oversight -- why mess with it.

    Sentiment: Strong Sell

  • Reply to

    All I Want For Christmas is...

    by flaz06 Dec 16, 2014 11:49 AM

    So is the current management not good enough? Someone should b ousted?

  • Reply to

    All I Want For Christmas is...

    by flaz06 Dec 16, 2014 11:49 AM

    This company has been trashed by years of neglect and infighting. It would take a strong team a few years to reverse and unify the silo-centric nature of core SG.

  • Reply to

    New Board Members! This thing is going to rocket.

    by flaz06 Dec 11, 2014 8:57 AM

    what we need is to cut in half the debtload. A leaner company is a must.

SGMS
14.19+0.20(+1.43%)Mar 5 4:00 PMEST

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