I am like you, practically grew up eating Macs. Not anymore. They serve it cold, old and lousy. I remember the Macs that you could actually see the grill guy cooking up fresh beef. To me, they would be better off showing off the food being actually prepared fresh for the customers. Who gives a #$%$ about being able to pay with your damn iPhone, CEO keeps missing the reasons what got Macs to where they are now. Too much damn bean counting and the food quality suffers...
Not bad ideas. At least you are thinking outside the box. To me, they really just need to focus on cooking more to order, maybe asking the customer if they would rather have it cooked to order/served fresh/hot (with a little bit of a wait) vs quick-shot needed ASAP.
While that may have been true in past recessions, much of the latest criticism of Macs is that they really don't sell at the price point vs alternates like they used to. Chili's will serve you a FRESH-HOT sit down meal for really no more than what Macs costs these days. Way too much competition now on Macs doorstep. If they keep losing customers the way they have been, they will soon become irrelevant in the eater's mind. With lousy food and lousy coupon promotions, lousy ingredients + lot's of other alternatives, people could simply forget to even think of Macs when they're hungry….
Coming from a life long Mc's eater (I grew up eating it) who doesn't eat it anymore. Here's their problem: they've forgotten how to serve the food fresh and hot to their customers. Do you remember when you could actually see a grill person cooking fresh burgers? You don't see that anymore. And to a large extent, you can't fake fresh. People are gonna know when an overcooked burger's been sitting around in a warming tray for 60-90 minutes.
audio, just say the word "tanker" over and over. you have to be careful in anything you invest in that is defined by the word "tanker". just sayin'…..
Besides overblown pandemic fears, why exactly are you selling? Oh ya, you're make more on the 10 yr here & now….
hwan, if these guys give out stock options at lows i'll #$%$ my pants. i will be sure to vote my shares on this, hope everybody else here would too.
C'mon Pis, we would love your commentary now. I may sound facetious, and really I'm trying to be a little bit (but not in any derogatory way). Some of your comments in the past have been very well researched and appropriate.
ska, your statements, while not absolutely true (b/c they haven't been proven yet) are prescient.
hwan_kwon you are funny. GOing to blow up? Hasn't it already? Good, let the div be toast. Cut it by 2/3, I don't give a hoot. Fact is, risk/reward is better here and now than it's been over the past 12 months on this issue. Overbuild on rigs, sure why not. Reality is SDRL still has the best assets in the game. YOU have to decide whether YOU think oil will keep dropping below $80.bbl
It has only been recently that we've been fracking directional drilled wells much more effectively, in part because of better, more effective fracking fluids and methods.
Your post tells the story. DO has financial flexibility. They can pick up distressed assets if opportunity arises. They can continue div. The point is they have a choice and they have stellar credit. For being in such a cash flow intensive industry, DO does a decent job of getting a good return from their working assets.
this is generally a good statement. this industry is getting fed through the shredder right now.
Now as a generally unabashed Honda fan, I will say that my Toyota 4Runner reeks of quality. That said, I'm on my 2nd Accord (2014, 6M), have owned 2 Civics, an Odyssey, an S2000, a Honda mower and possibly a Honda CB500XA.
Nobody has mentioned the current, stated value of said assets to be written down. It's all a gamble at this point. How's shale drilling for oil been going - how have wells been continuing to produce vs projections? That will have an effect on secondary drill rig market, you better believe.