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Dover Downs Gaming & Entertainment Inc. Message Board

  • longdistanceoriole longdistanceoriole Apr 1, 2012 11:11 AM Flag

    Q1 thoughts

    as we wrap up Q1; i am optimistic for strong Q1 -
    1. weather in Mid Atlantic was great and mild - and comps vs. last year's bad weather should be easy to beat
    2. competition - no new competition to impede prior year comps - expect to see stability
    3. Cash flow and debt paydowns - continued favorable cash flow and delaware legislature looking at lowering taxes should allow for possible upside on dividend increases.

    Meanwhile, you are getting a stock trading at 75% of tangible book; and a 4.7% dividend! $3.25 anyone?

 
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