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damie225

damie225
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  • Report: Nike to pass on renewing Manchester United deal [View news story]
    @nooseah Sports is one of the sectors that sometimes defies logic. The Knicks haven't been to the Eastern Conference finals in God knows how long not to mention winning a championship but they have been the most profitable NBA franchise over the past 5years. A lot has to do with branding, fan base and how you market your brand.
    Jul 16 01:10 PM | Likes Like |Link to Comment
  • Report: Nike to pass on renewing Manchester United deal [View news story]
    Well, there is the £17M per year they receive from AON for the training kit and the Carrington training ground. Most of the other deals (there are 29 listed sponsors on their website) they don't announce the $$$ values but we know Singha, BWIN and Casillero have at least £2m sponsorship deals with Utd and £34M in cash. Picked up Nissin has a sponsor today.

    And Matchday revenue was up 9% according to Q3 numbers. They also announced this week season tickets have been sold out, earliest this happened since Old Trafford got expanded in 2006.

    Stating the facts which I don't believe justifies 60x forward earnings when there is clearly potential for growth especially if they can get themselves back into the champions league. Single digit maybe but only time will tell how well they fair financially.
    Jul 16 01:01 PM | Likes Like |Link to Comment
  • Report: Nike to pass on renewing Manchester United deal [View news story]
    Nike did say it was unprofitable but for their shareholders and not for Utd. Utd made £8.4 (£28.2 YTD) in Retail, Merchandising, Apparel & Product Licensing revenue for the third quarter so Adidas basically paid 2.2x on a quarterly basis.

    As per revenue, so far the Glazers have shown they know how to monetize a brand with the slue of deals being signed. I expect them to continue to be aggressive signing new commercial deals etc. that will generate revenue. I do not like the debt levels thou.

    Depending on the team's performance, season ticket prices which have been frozen over the past 2-3 seasons may also increase and there is the allure of prize money from various competitions. The EPL TV contracts are also improved for the new season. Utd also has an academy that generates funds from player sales. There are a lot of other channels for growth, all is not gloom.
    Jul 15 09:50 AM | Likes Like |Link to Comment
  • Report: Nike to pass on renewing Manchester United deal [View news story]
    Well, well, well...looks like you spoke too soon minimum guarantee of £750 million ($1.3B) subject to certain adjustments of course. Adidas is expecting total sales to reach £1.5 billion over the course of the deal.

    Despite their bad season, Utd still had 3games among the top 10 most watched games in the US last season. With sold out tour games later this month. You may have underestimated the Man Utd brand and their fan base.
    Jul 14 11:31 AM | Likes Like |Link to Comment
  • Wal-Mart: The Largest Private Company Of The 21st Century [View article]
    hopefully I have DRIP enough by 2050 to be a relevant shareholder :)
    Jun 23 03:12 PM | Likes Like |Link to Comment
  • Xbox, Smex-Box... Microsoft's Diversion [View article]
    I am glad you don't run Microsoft.
    Jun 9 03:33 PM | 3 Likes Like |Link to Comment
  • BDC sector on sale [View news story]
    Long PSEC, MAIN and got greedy this past week :)
    May 23 01:11 PM | 3 Likes Like |Link to Comment
  • Flowers Foods, Inc. declares $0.12 dividend [View news story]
    solid raise. Long.
    May 23 01:09 AM | Likes Like |Link to Comment
  • Leggett & Platt Announces Record Full-Year Adjusted EPS [View article]
    I love reading phrases like "proud of its dividend record, and plans to continue it." from CEO's does the magic for me.
    Jan 23 04:47 PM | Likes Like |Link to Comment
  • Stock-Market Limerence Will Cause Portfolio Heartbreak [View article]
    Good Read and thank you for drawing our attention to this.
    Nov 5 10:38 AM | Likes Like |Link to Comment
  • Microsoft beats estimates, shares rise [View news story]
    Prefect
    Oct 24 04:39 PM | Likes Like |Link to Comment
  • Anworth Mortgage Asset Corporation declares $0.12 dividend [View news story]
    10 dividend cuts and 2 increases in 5 years..
    Oct 2 09:51 AM | Likes Like |Link to Comment
  • DIY Dividend Investors Club: Building A Sustainable Long-Term Dividend Portfolio (Part 1) [View article]
    Solid list, no losers here but my vote is for KMB. NWN, ED, SON, UHT are also good plays.
    Sep 16 05:04 PM | Likes Like |Link to Comment
  • UBS offers eight top global dividend picks [View news story]
    Global Dividend picks...Non US based
    Sep 13 03:34 PM | Likes Like |Link to Comment
  • Walgreen makes acquisition in North Carolina [View news story]
    Good move, expanding into new business/market and positioning themselves for Obamacare.
    Sep 10 12:04 PM | Likes Like |Link to Comment
COMMENTS STATS
20 Comments
10 Likes