Forum: Financial Investment Forum. - Discuss Stocks, Cryptocurrency, And Other Financial Investments

Thread: Eri

Page 9 of 9 FirstFirst 123456789
  1. #201  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Stifel Nicolaus intiates ERI with buy 62 PT
    Reply With Quote  
     

  2. #202  
    RX Senior Jstack34's Avatar
    Join Date
    Oct 2008
    Location
    D.C.
    Posts
    7,911
    Looking good
    Who knew we had signatures all this time?
    Reply With Quote  
     

  3. #203  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Reply With Quote  
     

  4. #204  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Reply With Quote  
     

  5. #205  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Looks like one of my dreams may come true. I may actually own a Jai-Alai fronton

    http://pointpubs.com/pompano-beach-n...redevelopment/
    Reply With Quote  
     

  6. #206  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Eldorado seals deal valuing Caesars at $18B - Reuters

    Jun. 23, 2019 4:44 PM ET|About: Caesars Entertainment Corp... (CZR)|By: Jason Aycock, SA News Editor

    Eldorado Resorts (NASDAQ:ERI) has an agreement to merge with Caesars Entertainment (NASDAQ:CZR) in a deal valuing Caesars at about $18Bincluding debt, Reuters reports.
    That values Caesars about $13/share, the price Caesars was demanding when it started its auction. Caesars reportedly rejected deals earlier this month at $10.50/share. CZR closed Friday at $9.99.
    And it comes after reports that Carl Icahn looked more eager to sell than Caesars' board, and worked to stake out middle ground on the deal.
    The deal's expected to be announced tomorrow, according to Reuters. Ownership would be split roughly between shareholders of each company


    Reply With Quote  
     

  7. #207  
    RX Junior
    Join Date
    Sep 2004
    Posts
    4,292
    Do you think it's a good deal for Eldorado?
    Reply With Quote  
     

  8. #208  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Quote Originally Posted by mickj View Post
    Do you think it's a good deal for Eldorado?

    03-08-2019, 08:22 AM
    ERI: Another Way ERI Could Double: BuyCZRIn a June note, we outlined an investment case for $108 per share not requiringadditional acquisition announcements. Below, we argue a separate investmentcase for $104 to $116 per share should ERI purchase Caesar's (CZR-NC)under a reasonable valuation scenario. We do not pretend to know if ERI andCZR are in any deep merger discussions, though the universe of buyers islimited and ERI is best suited to extract full value from CZR assets, in our view.Calculation. Variables of our case for $104 to $116 per share include: a CZR$12 per share base case purchase price or ~$9b utilizing 75% cash and 25%ERI stock consideration (we demonstrate purchase price sensitivity on thefollowing page); $600mm in EBITDA synergies; ~$1.2b of executed lease backcall options from VICI and $5.3b in new debt issuance and; targeted metricmultiples. We also touch on why ERI is likely best suited to maximize CZR

    https://roth2.bluematrix.com/sellsid...om&source=mail
    Reply With Quote  
     

  9. #209  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Reply With Quote  
     

  10. #210  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Deutsche Bank Boosts Eldorado Resorts $ERI Price Target to $74.00 http://americanbankingnews.com/?p=10991502 #stocks
    Reply With Quote  
     

  11. #211  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    UNION GAMING” => Raising Price Target -to- $70.00 per/share => Analyst Expects +$600 Million -in- Estimated Cost Synergies form “CZR

    https://uniongaming.bluematrix.com/s...om&source=mail
    Reply With Quote  
     

  12. #212  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Eldorado Resorts
    CEO - Tom Reeg tells Gaming Today
    He expects to Pay Off => $4 Billion -to- $5 Billion
    Of Caesars Debt
    Within first "24 months" -of- Closing the Merger
    That equates to roughly => 40.00%
    Of the Combined Debt Obligations

    https://www.gamingtoday.com/industry/article/84831-Tom_Reeg_poised_to_lead_Eldorado_Resorts_Caesars_Ent
    Reply With Quote  
     

  13. #213  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Reply With Quote  
     

  14. #214  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    $ERI
    CEO-Tom Reeg
    On "CNBC" Tuesday
    Supremely Confident in $500MM of Savings
    Combined player database will have: 62MM Gamblers
    Paying Down => $4-$5 Billion in Debt
    Within 2 years after CZR deal closes
    Drives Leverage => Below 3.0X times
    cnb.cx/2r6KSIm
    Reply With Quote  
     

  15. #215  
    RX Junior brucefan's Avatar
    Join Date
    Jan 2005
    Location
    wellington
    Posts
    2,748
    Reply With Quote  
     

  16. #216  
    RX Junior
    Join Date
    Sep 2004
    Posts
    4,292
    On a Roll
    Reply With Quote  
     

  17. #217  
     

  18. #218  
    RX Senior Jstack34's Avatar
    Join Date
    Oct 2008
    Location
    D.C.
    Posts
    7,911
    I just wish I had bought more when you gave the initial recommendation
    Who knew we had signatures all this time?
    Reply With Quote  
     

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