Bellagio and Mirage? Luxor and Excaliber maybe. Unless your really desperate, you don't sell off gems like Bellagio. I don't think MGM is that desperate.
enough: you may be correct. By "official', I meant an investment article by Forbes, Business Week, S@P etc. I hope your assessment is the correct one.
Great idea. What the investment world needs is two casino companies already swimming in debt. Gosh, if MGM or WYNN could only double its debt, what a wonderful thing that would be.
I'm aware of that. It's the broadcasting part that concerns me. Also, hooking up with the third string in anything (HBO, Showtime, and then Starz) is seldom the road to success.
Analysts are saying earnings will decline from .21 to .12 in the quarter. I have yet to find an "official" explanation for this large anticipated decline in earnings.
Todays idea of the day, in the Wall Street Journal, concerns tie ups involving LGF and others, Starz being mentioned among others. I would rather see any of the others except Starz. MGM was mentioned. Discovery and Scripts were mentioned. All would be better than Starz. LGF does not need to hook up with someone who broadcasts. Broadcasting is changing, and not for the better. Value and growth lies in providing content, not in streaming it.
It's the lack of a meaningful dividend. Many old industrial companies pay double or more the dividend (yield) that Alcoa pays. AA is estimated to earn over a dollar per share this year in earnings, but pays out only 12 cents in dividends. For investors looking at other mature industrial companies with similar growth prospects, their higher dividends make them a better choice. Also, most other industrials have been raising their dividend in recent years, saying to investors that they are healthy enough to do so. A healthy dividend increase would kickstart this stock.
Today I saw an ad for a department store. Three Keurig products were displayed. None were for the mini brewer. All were for pricier machines that had more features. Not a good way to attract first time buyers who are curious about the K cup brewing system.