This is BS. The ;problem Mattel faces is a structural: product .line is way outdated and years of innovation attempts have failed. Hasbro is a perfect example of the opposite. Brand equity of Mattel's products is eroding. Someone should buy Mattel, fire the management and optimize and innovate product portfolio
Mattel is controlled by fools like Sinclair and an army of gay designers. Cars 3 won't move the needle, and neither will outdated Hot Wheels and Barbie. Meanwhile, they've alienated anyone normal by pushing their world vision of political correctness - "non-gender specific" toys, fat ethnic barbies, gay spokespeople, etc. Not exactly a recipe for success. It's time to flush twice and send Mattel on its way.
Does the divy get cut prior to earnings??
rumor ea sports working on hot wheels game another game company working on a Barbie sims type of game
Worst prediction of 2017. Weiser is off by $15 and $50, respectively. She must be a fat feminist if she thinks Mattel will ever recover:
DA Davidson's Linda Bolton Weiser added her name to the bullish camp as she initiated coverage of the toymaker with a Buy rating and 12-18 month $30 price target and a five-year price target of $50.
When MAT cuts the dividend, I think shares could drop to 15. That will be a great buying opportunity and I'll pick up some more shares. MAT makes beautiful toys, and the Cars 3 toys should be a big hit around the world.
Another fantastic quarter for Hasbro. They're just destroying Mattel. Up 5% just today.
For those of you still hoping Mattel will work out: consider that your chairman, Chris Sinclair, has overseen years of shareholder value destruction. Well, not for him - he voted himself CEO for several years (at $10M a year!). Your new CEO has NO toy experience, nor experience as a CEO, for that matter. Not only are Mattel's brands irrelevant, but the company is controlled by militantly politically-correct left-wing homosexuals who may not appeal to most Americans. Take a look a Moschino Barbie and ask yourself if you want to invest in that.
I just had a look. Technicals may be starting to stabilize. Not saying it will not test 20 but if it does I will enter as it is paying 6+% dividend and the Cars franchise will be a boost to revenue. So I kind of hope that it does hit 20 but today it flattened out in the last minutes here. Let's watch. Could be a nice trade or even a buy and hold for long term. very nice dividend and a pot full of free levered cash flow. Maybe a buy back in the future or an activist shareholder would help out.
Wow, another shockingly bad quarterly report. Question for Chris Sinclair: you're not gay and you were born before political correctness. So what's your obsession with gay/gender-neutral toys? How about some military stuff for boys, and some dolls for girls that aren't fat, diabetic, black and wearing a burka? Hopefully Hasbro will straighten you out when they acquire you next year - at $5/share.
This will be the last dividend at this rate, they will cut the dividend in half going forward. Pure negligence by the leadership team this company
Any Americans who might still be interested in Hot Wheels or Barbie are disgusted by fat Barbie, burka Barbie, illegal Mexican Barbie, etc. Congratulations to Mattel's left-wing gay toy designers for putting the final nails in its coffin.
CHART SAYS A RETEST OF 20.00
Not much hope for this company. Mattel will not be around very much longer if they don't start dealing in reality.
If you can believe the stats on Yahoo, Mattel's payout ratio is at 165%. I can't see them maintaining this dividend.
Yes, it looks like a bounce is happening..
YOU GOTTA BE KIDDING ME.....I COULD RUN THE COMPANY BETTER