I hear McDonald's has free small hot or iced coffee with a purchase for about the next week or so. And they're usually located near the casinos food courts....
YOU have the option to NOT post "id'jut" commentary which may or may not be related to the board's underlying theme.
And you also have the option of putting me on ignore; so there.
In your first paragraph, you state: " The government bond buyback program has held interest rates down and enabled companies to restructure their debts at low interest rates."
In your second paragraph, you state: "A company will be unable to restructure their debt at low interest rates."
BUT I THOUGHT THEY HAD ALREADY RESTRUCTURED THEIR DEBT AT LOW INTEREST RATES (see your first paragraph)!!!!!!!!!!!!!
WHICH is it?
I've often wondered the same thing about the management running Yahoo's message boards.
"An entire VA Hospital had to be torn down because of faulty construction."
Probably the same company that built the Harmon. Are they out of business yet?
From my notes of 10/14/2013:
CHKE closed at $13.16. Stock buyback of 1 million shares was announced a week earlier, with shares outstanding totaling 8.4million. Based on that, 1 million shares would have been about 12% of the stock (1,008,000).
From the quote.foxbusiness page for CHKE, shares outstanding were:
Jul 2014 8.43M
Jan 2014 8.4M
Jan 2013 8.4M
Jan 2012 8.39M
Jan 2011 8.5M
So the buyback did NOT reduce the number of shares available. I didn't make any notes at the time on what the Float was, but currently at 6.2M shares (foxbusiness), or 6.93M shares (Yahoo).
The only plus i see is that the current quarter had a rise in PER SHARE income, which means the financials are moving in the right direction, but not by much. I mean, the four cent increase probably won't pay for the rumored coming gas tax increase. Probably time to see how much I'm still down since the early 2000's on my original investment of 500 shares, and move on.
What was YOUR point in asking during the trading day: "And...?"
when I posted the week before that earnings were upcoming AFTER THE MARKET CLOSE on that day?
But getting back to the stock itself, it's been about a year since they announced their 10%(?) stock buyback. I'm going to look at the numbers this weekend, and see how the current shares outstanding compare to the year ago numbers.
See the headline here on Yahoo:
Second quarter revenues increased 17% to $8.8 million
Second quarter net income increased 16% to $2.3 million, or $0.27 per diluted share
Year-to-date revenues were up 20% to $18.7 million
Year-to-date net income increased 64% to $5.8 million, or $0.69 per diluted share
I think it will add to the bottom line in the short term, if they have sports gambling in their NJ casino, since football season has just started.
I hate to say it, but for once I must agree with fleetwood; this (Obama & the Democrat's) economy is No Good for ANYONE.
"Vegas Strip looking old too."
Just like your postings!
Hooters is actually down the street a bit from the MGM entrance/exits. You have to walk by the Tropicana first to get to Hooters. I'd venture to say that less than 5% of the people who go to the MGM Grand visit Hooters on the same evening, afternoon, or day. That means that 95% are having a REALLY GOOD time. 95%; sound familiar? It's the amount of your time you spend on the internet ragging on a company you've got a pet peeve about.
Isn't "Nano nano" what Mork from Ork used to say?
Actually, this years (2014) shareholders meeting was at the MGM Grand.