$MHGU getting double-whammy'd by the forbearance agreement expiration and Trian news, neither of which I think is especially impactful to the business at the store level. The City National Bank debt of ~$150 million is collateralizable by ~314 Wendy's locations, and $WEN is
$SGA This is an interesting nugget from the last conference call.
I'd like more clarification regarding "...monetizing those assets at a value higher than is recognized in Saga's stock price."
Does he mean higher than the current stock price?
$SGA I suspect Saga's buildings and towers are worth more than their carrying value (see recent tower sale). Gate City and Towerview LLC likely know the market value.
What do you think #FinX? I'd go the Roth route myself so that the money could compound tax free for the rest of his son's life. The son can YOLO into VOO $7500 per year inside his Roth.
$GTN Below is what I don't like about today's report. They added $249 million in debt. I understand that they've added several additional melting ice cubes to their melting ice cube portfolio, but they remain melting ice cubes nonetheless. Unless they're buying at the low-end of
$WEN Wendy's is such an iconic brand that I just can't envision it not bouncing back from its current depressed state. I suspect private equity will buy it before it that happens however. Take it private at $10. Spend a couple of bucks polishing it up. IPO it at $22. Easy money.
