The only major beverage company in the world with disappearing revenue.
Unbelievable but true, revenue declined 3 consecutive years and nothing can stop it unless the siphoning stops.
Trouble in NJ with no money left for state construction projects due to voter revolt against taxes on gasoline, diesel and anything else generating revenue for construction in the state.
Same is happening nationwide except Christie is on the ball sooner. A bridge too far.
Knock offs on every product, most with the same product label.
Will NRA negotiate an end to automatic assault rifles with 36 shell clips?
Maybe that will help Trump rise in the polls. Take the issue away from Clinton by taking her side.
What really matters is it's PEG ratio which is 1.46 indicating the P/E is too high relative to growth. To compute the company's stock value divide the current stock price 33.71 by its PEG ratio and add the 3.08 cash per share to the result = 24.80.
If MYGN had a dividend you would need to add that back also. .... but no dividend.
MYGN has no debt, thus no debt per share to subtract from the 24.80.
Essentially MYGN is worth $24.80.
There is ZERO reason to pay an executive to run a company in this business into the ground, particularly when there are thousands of superior management people available who could do the job for far LESS than these massively overpaid executives. Massively overpaid because they are massively incompetent.
Anecdotal checks / unscientific.
Mid Atlantic area, Large eggs, Retail:
Save-A-Lot 99 cents this week, wobbled down again.
Aldi Stores 1.35 this week, down from 1.66.
Other stores unchanged this week (Safeway, Walmart, Giant, etc.).
"ITG Investment Research analyst John Tomlinson forecast that Harley's sales of motorcycles to individual customers in the U.S. will fall up to 7% in the first quarter."
If sales are plummeting in USA what how dismal are sales overseas with the strong dollar impact?
They may be negotiating in a desperate emergency to avoid default.
I suspect they have broken credit covenants and get deeper by the hour as the stock price drops.
The top 5 execs average compensation exceeds 5 million.
They are totally clueless about shareholder needs.
Mylan nixed Teva’s $43 billion hostile takeover bid, saying the cash and stock offer fall short!
We thus have a $20 billion market cap company, 50% less than shareholders should have.
They turned down an excellent offer.
They then moved to Ireland.
They then moved to Israel.
Will they now move to Sweden?
I think they will.
Why isn't everybody calming down?
Amazon - Nasdaq 499.20 Up 8.72 (1.78%)
What impact on Facebook will Banning Private Gun Sales on Its Social Network have?
When margarine / fake butter was first developed and for over 20 years thereafter, it was believed margarine is better for your health because it is plant based and researchers also believed it to be true (hundreds of research trials proving margarine to be healthier).
Then heart and cardiology problems INCREASED due to types of "healthier fats" in margarine. Researchers at NIH and other government R&D entities then proved the cause was the types of fats in margarine.
Disaster by LACK of evolution.
LESSON: When humans have evolved to adjust and thrive on traditionally consumed fats, they became genetically compatible with those fats. The problem came when industry came up with artificial alternatives with hydrogenation & partially hydrogenated fats to change the fat form to solid instead of liquid.
THE SAME IS TRUE FOR GMOs. NOBODY has proven anything about the safety of GMO foods and humans have NOT evolved to survive on them. It is quite possible GMOs could cause cancer due to ingestion of incompatible food content.
Disaster by LACK of evolution.
At June 30, 2015, total debt outstanding was $13.08 billion, compared with $12.70 billion at September 30, 2014.
The Company’s cash balances were $421 million at June 30, 2015, a decrease from $1.0 billion at September 30, 2014.
Change that to market cap of $16.3 billion and debt of $13 billion.
Ratio getting worse by the day.
What is their plan to come into the modern age to meet the entertainment demands of the new consumers?
I have seen no strategic plan whatsoever, neither financial nor entertainment business plan.