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Media General, Inc. Message Board

  • dogbreath421 dogbreath421 Nov 14, 2012 12:26 PM Flag

    Real Income

    It will be interesting to see what the "real" income of MEG is now that the elections are over. They will have to actually try to generate sales!

    Sentiment: Sell

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    • Someone should look at the 9mo revenue figures and factor out political, Olympic and Superbowl. These time slots are sold at a large premium.

      Then project the 9mo revenue drop in 2013.

      My minimum 2013 interest rate number(assuming no more paydown) is $67.8 mil, which includes .9 mil for the revolver with nothing drawn.

      With the Bolsheviks in full control of the Courts, The Executive branch, the Senate, and as always the Bureaucracy,expect further market deterioration, which will lead to higher pension contributions by the Company.

      2013 cash flow- be careful with MEG.

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