Page 515 of 729 FirstFirst ... 510 511 512 513 514 515 516 517 518 519 520 ... LastLast
Results 12,851 to 12,875 of 18218
  1. #12851
    Join Date
    Oct 2006
    Location
    MA
    Posts
    7,017
    Quote Originally Posted by puregravity View Post
    I'm not sure how that relates at the moment. I haven't looked at others in the same industry (homework needs to be done!).
    However, that's just a number at this point when I see so many companies all over the board. Vails PE is 249. Amazon's is 92. Apple is 39. Visa is 48. Starbucks 90. Wendy's is 46. A lot of these are covid affected too - meaning that McDonald's P/E has gone up since earnings are down a bit due to covid.

    Some industry comparisons here:
    https://www.macrotrends.net/stocks/c...nalds/pe-ratio

    PE Ratio Range, Past 5 Years
    Minimum17.40Mar 23 2020
    Maximum35.63Sep 16 2020
    Average25.66

    I'm looking for long term holds. McDonalds being a progressive, well run company that has show leadership in their brand and good results comparatively in spite of COVID.

    I'd be interested to hear anyone's thoughts about this. I'd like to go with McDonalds but only after setting a share price target.
    Yeah P/E is almost useless for companies growing revenues over 15%. And it isn’t the be all end all for any company. Current P/E in a lot of industries is bleh as well. “Oh you’re earnings over the last year are X% lower than expected? Geez I wonder why”

    I don’t have any opinion on McDonald’s but it’s a fair question to ask. For something like McDonald’s, widely traded and analyzed (its huge) you want to get beyond just using metrics you find on yahoo. Have an opinion on how some of those metrics are going to change over the next 1/3/10 years. Why are revenues going to grow more than x%? Why are margins going to change? How can they/will they alter their balance sheet to accommodate xyz? And measure some of your assumptions against what’s out there in analyst expectations. Anything less than this...you’re guessing and gambling.

    Then you can plug in your own metrics for the future and have an opinion. But don’t just throw it out because it has a P/E at a certain level. Growing earnings is kiiiiiinda important in investing. And that reduces P/E on its own.

    Companies with ridiculously high P/E ratios BEFORE they took over the world:
    Netflix google Tesla Amazon nvidia Slack palantir (I think was negative earnings).
    Decisions Decisions

  2. #12852
    Join Date
    Jun 2009
    Location
    Matchbox 20
    Posts
    2,313
    ^^^ There should be a LIKE button on TGR for posts like this.

    Afterthought: According to How McDonald's Really Makes Money, they are actually a real-estate business. Perhaps an extreme view considering the thought that goes into the food & brand marketing end of things. However, with razor thin margins, they have to make the real bucks somewhere (rent).

    How does their real estate holdings attractiveness/profits look in coming years? Has covid hit retail enough that they might have a rough ride? Or it has made their higher traffic retail locations even more valuable?
    Last edited by puregravity; 01-14-2021 at 01:48 PM. Reason: added realestate schmoo
    OH, MY GAWD! ―John Hillerman  Big Billie Eilish fan.
    But that's a quibble to what PG posted (at first, anyway, I haven't read his latest book) ―jono
    we are not arguing about ski boots or fashionable clothing or spageheti O's which mean nothing in the grand scheme ― XXX-er

  3. #12853
    Join Date
    Jan 2005
    Location
    Denver, CO
    Posts
    1,620
    Current strategy of 50% UVXY and 50% SQQQ holding fairly flat and boring so far. I hypothesize that tomorrow is going to get hella weird.

  4. #12854
    Join Date
    Feb 2005
    Location
    North Vancouver/Whistler
    Posts
    13,983
    Quote Originally Posted by CovertM View Post
    Still long GME shares? I've doubled my $ and expect a draw back soon. Still see long term potential, holding strong for now.
    I've not sold. Since we talked I sold CSPs on GME, bought some more when Cohen announced 3 appointees to board; but more importantly gave notice he would buy another 6% more. The stock hovered around 20 even after that kind of bullish news.

    Tomorrow will be day 3 of the pump. I fully expect a retrace to mid 30s.

  5. #12855
    Join Date
    Nov 2010
    Location
    Valley
    Posts
    446
    Quote Originally Posted by LeeLau View Post
    I've not sold. Since we talked I sold CSPs on GME, bought some more when Cohen announced 3 appointees to board; but more importantly gave notice he would buy another 6% more. The stock hovered around 20 even after that kind of bullish news.

    Tomorrow will be day 3 of the pump. I fully expect a retrace to mid 30s.
    Yeah I freed up another big chunk of the YOLO account to buy more on the next dip. I'm thinking tomorrow will retrace some, but possibly not till Tuesday.

    Do you have a sell price? I don't see a reason if the momentum of Cohen taking things in his direction maintains, especially with added Q4 earnings boost potential.

  6. #12856
    Join Date
    Feb 2005
    Location
    North Vancouver/Whistler
    Posts
    13,983
    Quote Originally Posted by CovertM View Post
    Yeah I freed up another big chunk of the YOLO account to buy more on the next dip. I'm thinking tomorrow will retrace some, but possibly not till Tuesday.

    Do you have a sell price? I don't see a reason if the momentum of Cohen taking things in his direction maintains, especially with added Q4 earnings boost potential.
    Sell price - not really. Its about $2B MC for $ 5B in sales. Sure it's bricks and mortar but that's about right for a flat growth bricks and mortar.

    If it gets an ecommerce strategy figured out then call that a 2x multiple (halving that of pure e-comm plays like Chewy). So $ 50 - $ 60?

    Not hanging my hat on short squeeze. Melvin Capital is a big fund and GME is a small position for them relatively speaking.

    EDIT. Just saw GME mooning again afterhours. I sold some 45C today. I'll probably let those get assigned and take the capital gains (cost basis is mid 13s). I do want to be long again but believe the shares will drop after this rather alarmingly massive move so I'll sell puts to replace the GME shares I have that get assigned.
    Last edited by LeeLau; 01-23-2021 at 09:12 PM.

  7. #12857
    Join Date
    Nov 2002
    Location
    Behind the Zion Curtain
    Posts
    4,875
    Cramer claiming BBBY and GME shorters targeted by social networking orchestrated crush the shorters groups. Wallstreetbeats encouraging people to buy and place bullish positions. GME has a float of 138%!

  8. #12858
    Join Date
    Oct 2006
    Location
    MA
    Posts
    7,017
    Quote Originally Posted by puregravity View Post
    ^^^ There should be a LIKE button on TGR for posts like this.

    Afterthought: According to How McDonald's Really Makes Money, they are actually a real-estate business. Perhaps an extreme view considering the thought that goes into the food & brand marketing end of things. However, with razor thin margins, they have to make the real bucks somewhere (rent).

    How does their real estate holdings attractiveness/profits look in coming years? Has covid hit retail enough that they might have a rough ride? Or it has made their higher traffic retail locations even more valuable?
    Check out their last earnings report- 10k or 8k. See how they break down their revenue, and break down their assets on the balance sheet. See how much is in real estate.

    Hell may make sense to read the 10k cover to cover to see how they make money and spend money.
    Decisions Decisions

  9. #12859
    Join Date
    Aug 2004
    Location
    New Haven Line heading north
    Posts
    2,944
    What’s the bull case for GME? It’s a record store.
    Charlie, here comes the deuce. And when you speak of me, speak well.

  10. #12860
    Join Date
    Nov 2010
    Location
    Valley
    Posts
    446
    Quote Originally Posted by Stu Gotz View Post
    What’s the bull case for GME? It’s a record store.
    You'd have to dig through the annals of WSB to find the original idea. Essentially short squeeze opportunity along with new leadership (CHEWY Guy, Ryan Cohen) taking a lead to transform the B&M model to more of an Ecommerce and bring it into the 21st century. All that speculation fueled by memes and the Degens of WSB Yoloing life savings into it. Been fun to watch and ride along.

    Edit:
    It's now to the point where Cramer is mentioning WSB and the retardation almost daily on his show.

  11. #12861
    Join Date
    Jan 2009
    Location
    Squaw valley
    Posts
    4,638
    Quote Originally Posted by Brock Landers View Post
    Yeah P/E is almost useless for companies growing revenues over 15%. And it isn’t the be all end all for any company. Current P/E in a lot of industries is bleh as well. “Oh you’re earnings over the last year are X% lower than expected? Geez I wonder why”

    I don’t have any opinion on McDonald’s but it’s a fair question to ask. For something like McDonald’s, widely traded and analyzed (its huge) you want to get beyond just using metrics you find on yahoo. Have an opinion on how some of those metrics are going to change over the next 1/3/10 years. Why are revenues going to grow more than x%? Why are margins going to change? How can they/will they alter their balance sheet to accommodate xyz? And measure some of your assumptions against what’s out there in analyst expectations. Anything less than this...you’re guessing and gambling.

    Then you can plug in your own metrics for the future and have an opinion. But don’t just throw it out because it has a P/E at a certain level. Growing earnings is kiiiiiinda important in investing. And that reduces P/E on its own.

    Companies with ridiculously high P/E ratios BEFORE they took over the world:
    Netflix google Tesla Amazon nvidia Slack palantir (I think was negative earnings).
    Tesla did not take over the world.

    Sent from my Redmi Note 8 Pro using Tapatalk

  12. #12862
    Join Date
    Jan 2005
    Location
    Denver, CO
    Posts
    1,620
    Quote Originally Posted by rod9301 View Post
    Tesla did not take over the world.

    Sent from my Redmi Note 8 Pro using Tapatalk
    I get your point. But it is like the 5th largest company in the world by market cap. So you can't just brush it off.

  13. #12863
    Join Date
    Jan 2012
    Location
    Juneau
    Posts
    1,093
    Quote Originally Posted by mcsquared View Post
    I get your point. But it is like the 5th largest company in the world by market cap. So you can't just brush it off.
    Agree, but the corollary statement/question is what companies took on ridiculously high P/E ratios before they eventually imploded? Right now, it seems over the next 1-3 years, Tesla could either "take over the world" or implode. Some of the other cos. on the list have passed that threshold question (unless you go to a longer time horizon and bring up Sears).

  14. #12864
    Join Date
    Sep 2006
    Posts
    8,242
    Quote Originally Posted by dschane View Post
    Agree, but the corollary statement/question is what companies took on ridiculously high P/E ratios before they eventually imploded? Right now, it seems over the next 1-3 years, Tesla could either "take over the world" or implode. Some of the other cos. on the list have passed that threshold question (unless you go to a longer time horizon and bring up Sears).
    Competition in the EV biz will eventually catch up to TSLA. I don't see TSLA imploding, but I do see erosion of their stock price. It's crazy that a company with a $500 billion market cap is worth more than the 9 largest car producers in the world. They can build a car plant every year for the next 10 years, and still not get to the production level of those 9 auto manufacturers.

    I guess time will tell.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  15. #12865
    Join Date
    Jan 2012
    Location
    Juneau
    Posts
    1,093
    Quote Originally Posted by Toadman View Post
    Competition in the EV biz will eventually catch up to TSLA. I don't see TSLA imploding, but I do see erosion of their stock price. It's crazy that a company with a $500 billion market cap is worth more than the 9 largest car producers in the world. They can build a car plant every year for the next 10 years, and still not get to the production level of those 9 auto manufacturers.

    I guess time will tell.
    Agreed. One perspective of the insanity correlates market cap to cars sold, so the value of every Tesla car sold is $1.25M and the value of every GM car sold is $9,000. But, maybe Tesla's stock never comes down from Jupiter.

  16. #12866
    Join Date
    Oct 2006
    Location
    MA
    Posts
    7,017

    Is the stock market going to tank?

    Quote Originally Posted by rod9301 View Post
    Tesla did not take over the world.

    Sent from my Redmi Note 8 Pro using Tapatalk
    You’re right Tesla is dogshit. But you knew to avoid it because it had a high P/E back in 2015. Amazon too. Good call.

    Instead you may have bought GE because it had a low P/E. Good call.
    Decisions Decisions

  17. #12867
    Join Date
    Feb 2005
    Location
    North Vancouver/Whistler
    Posts
    13,983
    Quote Originally Posted by CovertM View Post
    You'd have to dig through the annals of WSB to find the original idea. Essentially short squeeze opportunity along with new leadership (CHEWY Guy, Ryan Cohen) taking a lead to transform the B&M model to more of an Ecommerce and bring it into the 21st century. All that speculation fueled by memes and the Degens of WSB Yoloing life savings into it. Been fun to watch and ride along.

    Edit:
    It's now to the point where Cramer is mentioning WSB and the retardation almost daily on his show.
    It's simpler than that. Dodd-Graham sum of parts analysis gave GME a book value of between $ 25 - $ 35. Add successful e-commerce and add 1.5 - 3x to that. Add console cycle revenue and margin bump and give that a secular 1 - maybe 2 year bump of another 2x. Speculation re short squeeze and other magic juju beans re WSB gang of idiots acting in concert is just speculation

    Quote Originally Posted by Toadman View Post
    Competition in the EV biz will eventually catch up to TSLA. I don't see TSLA imploding, but I do see erosion of their stock price. It's crazy that a company with a $500 billion market cap is worth more than the 9 largest car producers in the world. They can build a car plant every year for the next 10 years, and still not get to the production level of those 9 auto manufacturers.

    I guess time will tell.

    I despise Musk and the Musk Bros and have never ever owned a share of TSLA (to my sorrow) but TSLA should not be valued as an automobile company. It's a technology play and one that breaks many models

  18. #12868
    Join Date
    Jan 2005
    Location
    Denver, CO
    Posts
    1,620
    Quote Originally Posted by Brock Landers View Post

    Instead you may have bought GE because it had a low P/E. Good call.
    I feel personally attacked..



    Sent from my Pixel 4a using Tapatalk

  19. #12869
    Join Date
    Nov 2002
    Location
    Behind the Zion Curtain
    Posts
    4,875
    Just kinda shows it really is like gambling. You can do all the research under the sun, but you’re still one lawsuit, stupid management decision, whistleblower, or paradigm shift from downfall.

    Today was my first decently down day of the year. XOM rally slowed by a whistleblower report of inflated Permian assests and crude dipped a bit. Luckily my healthcare stock ACCD curbed my losses, they reported purchasing a telemed firm to enhance their offerings. Something no amount research would have told me.

    What to do when energy dips? Hell yeah, buy more. Talked the wife into letting me have another 5k from savings. Ordered 100 shares of MMP, so far 76 of them have filled for my price. Midstreams are the REIT’s of energy, MMP is yielding right at 9%. Debating whether to throw the leftover cash into 3 shares of AAPL or 19 of EPD.

    Edit to note, I bought GE as well. At $10.01, .
    Last edited by BobMc; 01-15-2021 at 04:32 PM.

  20. #12870
    Join Date
    Dec 2009
    Location
    The Mayonnaisium
    Posts
    10,467
    Quote Originally Posted by LeeLau View Post
    I despise Musk and the Musk Bros and have never ever owned a share of TSLA (to my sorrow) but TSLA should not be valued as an automobile company. It's a technology play and one that breaks many models
    But they are ultimately producing and selling automobiles and batteries within a shrinking moat, no?

  21. #12871
    Join Date
    Feb 2005
    Location
    North Vancouver/Whistler
    Posts
    13,983
    Quote Originally Posted by BobMc View Post

    Edit to note, I bought GE as well. At $10.01, .
    GE bagholder from 12 riding to 6 and I guess its back a bit now but oh so painful

    Quote Originally Posted by Mazderati View Post
    But they are ultimately producing and selling automobiles and batteries within a shrinking moat, no?
    AI, autonomous decision-making software, power DISTRIBUTION, patented battery tech, production processes baked into manufacturing, systems integration and creating a sector. I'd say they've proven themselves to be a tech company

  22. #12872
    Join Date
    Apr 2004
    Location
    Southeast New York
    Posts
    11,766
    If you had enough cash today would be a good time to grab some ENPH after a little dip. It's been on a heckuva run for a while. They recently got an exclusive contract for some huge project in Indonesia or something like that and with the alternative energy plan that Biden has I bet they win big.

  23. #12873
    Join Date
    Nov 2002
    Location
    Behind the Zion Curtain
    Posts
    4,875
    Quote Originally Posted by LeeLau View Post
    GE bagholder from 12 riding to 6 and I guess its back a bit now but oh so painful



    AI, autonomous decision-making software, power DISTRIBUTION, patented battery tech, production processes baked into manufacturing, systems integration and creating a sector. I'd say they've proven themselves to be a tech company
    On the bright side, if you sold bullish covered calls I bet you weren’t assigned much!

  24. #12874
    Join Date
    Feb 2005
    Location
    North Vancouver/Whistler
    Posts
    13,983
    Quote Originally Posted by BobMc View Post
    On the bright side, if you sold bullish covered calls I bet you weren’t assigned much!
    I've generated some income from GE but it's about 8% per annum. It's such a dog.

    Nothing like GME or RIOT where I generate 8% per month.

  25. #12875
    Join Date
    Jan 2005
    Location
    Denver, CO
    Posts
    1,620
    Bobmc, be careful man.... Don't put in anything that you might need in the near to medium term. I see a world of hurt on the horizon. Dxy rising, yields rising, yadda yadda yadda. Cash is a position.

    Sent from my Pixel 4a using Tapatalk

Similar Threads

  1. Who voted for Bush/Cheney in '00 or '04?
    By Bud Green in forum General Ski / Snowboard Discussion
    Replies: 281
    Last Post: 04-14-2006, 11:44 PM
  2. Risotto Recipes - What you got?
    By skiaholik in forum The Padded Room
    Replies: 41
    Last Post: 03-29-2006, 05:03 PM
  3. Did American Ski Company get delisted from the stock market?
    By Free Range Lobster in forum General Ski / Snowboard Discussion
    Replies: 3
    Last Post: 09-06-2005, 06:13 AM
  4. Bear Activists Killed and Eaten by Bears in Katmai
    By Lane Meyer in forum TGR Forum Archives
    Replies: 30
    Last Post: 10-09-2003, 08:43 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •