MSGS
Madison Square Garden Sports Corp
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Some regarded analysis of Madison Square Garden Sports Corp (MSGS)
Is it just me or is MSGS (Madison Square Garden Sports ) way undervalued?
What under the radar reopening stocks do you like that are never talked about?
What under the radar reopening stocks you like that are never talked about?
MSGS - Madison Square Garden significantly undervalued
**** $MSGS DONT BE AN IDOIT NBA PRINTS FUCKING MONEY !!!! ******
$MSGS -(Madison Square Garden)- Earnings Play
Can Reddit predict earnings movements ?
Can someone help me figure out which holding Co. owns Madison Square Garden?
HOFV - NFTs, Sports Betting and the Disneyland of American Football
HOFV - The Play With a Little Bit of Everything
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Amazon (AMZN) Bristol Myers Squibb (BMY) Comcast (CMCSA) Exxon Mobil (XOM) Fairfax Financial Holdings (FRFHF) Flutter Entertainment (FLUT) Madison Square Garden Sports (MSGS) SL Green Realty (SLG) VISA (V) Disney (DIS)
Anybody ever looked at MSGS? 1.03K PE lmao
Nice. Im in on MSGS, BATRA, and WLY. Those are my safe plays
MSGS, you would be a part owner in the Knicks!!! Unfortunately the main owner is James Dolan who is a POS.
Easily MSGS. You're paying $5.5B enterprise value for storied franchises like the Knicks and Rangers. [https://www.barrons.com/articles/msg-ny-knicks-rangers-stock-66fa706f](https://www.barrons.com/articles/msg-ny-knicks-rangers-stock-66fa706f) "According to Sportico estimates, the Knicks and Rangers are worth $7.4 billion and $2.45 billion, respectively. But the company’s current market value of just $4.2 billion, plus some $300 million of net debt, is worth less than half that. The stock, now around $173, is below where it stood five years ago." The numbers need to be updated, but basically you're buying it at 50% off. I'm down about 10% right now with 30 shares, but still think this a great value play. Sport teams are scare, and toys of billionaires. Once the Dolans get rid of it, it'll hit market value.
I was listening to an Odd Lots podcast episode and they were interviewing a value investor, John Rogers from Ariel Investments), talking about how much he liked MSGS (Madison Square Garden). "It's a crown jewel asset and it's poised to deliver market beating returns" was the jist of his story, and then I look at the stock chart. Mediocre returns from a mediocre investment. People seem to confuse value with cheap, and it costs them.
$MSGS. Knicks winning and sports franchise value never goes down
please let me know when the most regarded regard buys puts, i will then flip back to calls, until then boring ol shares ... trading russel, lunr, ionq, microstrategy, MSGS, OXY, IIPR
Chevron and MSGS (NY Knicks and Rangers). MSGS is trading at 4 bil market cap while the Knicks alone were recently valued at 6+ billion. Obviously the teams will need to be sold for the stock to realize it’s true value, but I encourage everyone to look into the opportunity that MSGS might present. Not for everyone but I’ve never seen a clearer example of something being underpriced/undervalued.
Thanks! Again, there's some value to licensing and there is value to IP and maybe there is consolidation but a lot of people thought that when the stock was twice what it is now and even Berkshire - where Buffett talked about how is isn't a good business on CNBC - bought PARA in the low $30's - a stake that has now been reduced. The theatrical business is increasingly difficult imo - you have this focus on mega budget pictures and costly deals with actors when it looks increasingly difficult to justify spending close to $300M on movies. There seems to be this hope that with the April lock-up, all these deals will make WBD more attractive to a buyer but antitrust is ging to make that difficult and CMCSA isn't stupid. Even if they manage to get around antitrust, Comcast has shareholders who are going to be skeptical about a WBD deal and probably won't be thrilled if there is any view that CMCSA overpaid to buy something where an overpaid CEO overpaid for a bunch of deals. Consolidation is likely (somehow) but what if Zaslav paid a fortune for all these flashy deals and there is no buyer and/or buyers run into antitrust? PARA has apparently had talks with CMCSA about merging Peacock and Paramount. Maybe we end up with fewer services that cost more and everyone licenses stuff to Netlflix. Is that an exciting business? Maybe it's not as bad as WBD stock currently would suggest but it's nothing particularly thrilling either, imo. Looking at the PARA chart since 1990, I think my question is what makes the next 10-20-30 years of the business any different - a lot of volatility and ultimately not great returns over the long run? Meanwhile, TTWO (down moderately after recent earnings) will likely print money again whenever GTAVI comes out. To me, it almost feels a little like the MSG (now MSGS+MSGE) stocks in a way. For so many years there have been countless sum of the parts discussions where sports teams get sold and then people do a sum of the parts discussion where they compare MSGS teams owned to the sale prices. "If such and such got X, imagine what MSGS could get if they sold the Knicks and/or the Rangers?" "How much is the Madison Square Garden real estate worth?" and people came up with many cases why MSG (which eventually spun off MSGE, SPHR and MSGS) was considerably undervalued. 5 years of MSGS going largely nowhere (and MSGE tanking) while there's been all this talk about selling sports teams and really, it's in large part because James Dolan is a terrible steward. He has shown no interest in selling (which has not only irritated shareholders, but Knicks fans who also hate Dolan, including the one who was infamously banned by Dolan after yelling at him to "sell the team") and arguably runs the trophy assets for his benefit, not the shareholders. As exciting as the Sphere (SPHR) in Vegas is, is there some level of valuation detraction from the standpoint of it's another Dolan-run enterprise/MSG spin-off? All of the sum of the parts stories don't happen if you don't have someone pushing to monetize these things well. Zaslav has been paid nearly $300M since 2021, for what? Writing off multiple movies, overpaying for talent and watching as the stock just continued South? Does Zaslav want to monetize assets as best as possible for the benefit of the shareholders or does he want to make it so that he can get obscene pay for as long as possible? All of these studios thinking that they could recreate Netflix on their own was not going to happen and it's hard (at least imho) to be that enthusiastic about a bunch of companies where none of them had the vision to sell while the selling was good during the "golden age" of streaming where Netflix was infamous for throwing money at whatever. Now Netflix is talking about spending less. There is absolutely value in the IP at WBD, PARA and even LGF/AMCX, but literally none of them got the $ when it was the "golden age" of streaming/the most prime seller's market. Now we're back to "license stuff to Netflix" while trying to balance not taking away the most compelling viewing options for all these streaming services that still exist and have to have enough interesting to keep people subbed. Netflix in their last quarter's letter: "As our competitors adjust to these changes, it’s logical to expect further consolidation, particularly among companies with large and declining linear networks. **We’re not interested in acquiring linear assets. Nor do we believe that further M&A among traditional entertainment companies will materially change the competitive environment given all the consolidation that has already happened over the last decade (Viacom/CBS, AT&T/Time Warner, Disney/Fox, Time Warner/Discovery, etc.)"** So there will probably be deals (how much antitrust fuss?) but at what price? So far it would seem like less than many thought.
IMO, contrarian investing situations are wins rarely. Too many people think that every thing that is down a lot is the next Meta when that situation and the bounce that occurred is rare. You want good company, compelling assets, something has occurred to place that company out of favor and there is some potential catalyst on the horizon for that to change. Or it's a mismanaged company with compelling assets that has a new management team with the track record to suggest change is possible (GE managing to get Larry Culp, who should be in the CEO hall of fame for turning that company around.) There are plenty of situations where people can offer all manner of "sum of the parts" stories and discussions of how NAV is much higher than the stock is currently trading at - that doesn't mean that the market will respond to it imminently and maybe not ever. MSG Sports (MSGS) has been discussed for years as a sum of the parts story as people break down the valuation of all of the sports teams that the company owns vs where other teams have sold recently and when you see that, it looks compelling on the surface. The problem is that you have a terrible management team who acts in their own interest and has never displayed any desire to sell. Until that changes, you're not likely to see that value realized. Howard Hughes has been talked up for years now. Several years ago there was a Barrons cover with Bill Ackman - "Baby Buffett" about how might turn Howard Hughes into his own Berkshire. Several years and many, many NAV/sum of the parts presentations (including from Ackman) later, the stock sits way under where it was when the article happened. Ackman has taken to buying the stock in the last year or so in the low 70's and continually building the position bigger (i think he owns about a third at this point?) and maybe he eventually does combine it with his public hedge fund and turn it into a Berkshire-esque entity but: he's not really competing with anyone else much and I don't know how big a premium will be on the offer if he ever buys the rest (certainly something, but for all the discussion of how undervalued it has been over the years, none of the usual entities ever made an offer. It's always been a oddity - it's a real estate company but not a REIT and has never paid a dividend - it's a mixture of various assets including MPC's. There was an attempt to seek strategic alternatives a few years ago, but you didn't get a Blackstone or Brookfield biting. IAC was a very successful company for a long time and they had a very good record of developing and spinning out companies (Match, Expedia) and sometimes spinning them off at the right time before they tank (Vimeo.) IAC has not had a great last few years and post Match spin off, what's left is a bit of a mixed bag. Management has talked up sum of the parts and how cheap the company is in its shareholder letters, but people want to see something more compelling than that. There is a good management team but it could continue to take a long time to play out. So, I think it's tough and this is not a market that rewards contrarianism in most cases. Or it takes a lot longer to pay off than one expects - too many people buy what appears cheap and it's mismanaged in the meantime and there's no apparent catalyst for change on the horizon. Too many people looking at things like PFE that are big and down a lot yet aren't considering why it's lower than it was 1-5-10-20 years ago and what will make the next 5 years any different. Lastly, I don't think value investing is over by any means but it really has had a somewhat difficult decade+. It did well in 2022, but people rented value while they waited for the green light (AI) to run back into growth. What changes that/when that changes I don't know. Einhorn interview from last year: https://acquirersmultiple.com/2023/07/david-einhorn-the-biggest-change-to-value-investing-today/
James Dolan had a sexual assault lawsuit was filed against him today and the $MSGS stock jumped 6%..
UHAL looks pretty solid, not sure about MSGS, BNTX. The only thing I see with HTZ is an undervalued perspective since their PB is 0.87 but I wouldn’t hold it anyway, that’s a weird one
Agreed on MSGS and UHAL, and I don't think HTZ is worth betting on either. BNTX is way below it's all time high, makes money, is holding a ton of cash, and has a pipeline of cancer drugs. The only problem I see is that it is Germany. SIEMENS was a mess I got into that went nowhere, European stocks never seem to do that well, and there's old saying that the weirdest headlines are either Florida or Germany.
MSGS and UHAL are odd picks. Success depends on the family selling the business which has been a hope and dream for a decade or more. No reason to think it will happen this year. The others are plain vanilla.
Ha, agree 100% restaurants are brutal cutthroat, high failure rate, tough margins for anything other than big-name quick service, thus a tough investment For sports teams when I joke about my side-gig as a part-time sports team owner, it’s just by trading in the few publically traded choices like FWONK, MSGS, BATRK, EDR, MANU. I reckon sovereign wealth funds enjoy blue-chip sports franchises since are a pretty resilient places to park diversified capital to pace/exceed inflation. I did play WWE for years but they got bought out and delisted, so just the remaining tickers
You have. Madison Square Garden Sports Corp (MSGS) which are the Knicks and Rangers. Madison Square Garden Entertainment Corp (MSGE) which is the arena and all the theaters. And then there is... Sphere Entertainment (SPHR) which is the regional TV and radio networks (MSG Network and MSG Sportsnet) that broadcast the Knicks and Rangers and the streaming. Oh yeah... also that big ass sphere in Vegas. The structuring of that last one seems really weird.
Sold rest of $MLKN on its +28% open. Proceeds used to increase bets on: * Pagaya $PGY on pullback * Alexandria $ARE, price to book around 0.77 after the CRE REIT red wedding last week on the 10y crossing 4.5% * Stanley $SWK after mortgage rates, negative homebuilding sentiment * Knicks/Rangers $MSGS on target for sovereign wealth fund or private equity owning high profile sports teams
Sportsteam ownership update: * What: $MSGS taken to the woodshed today with a -8% so far * Why: My impression is algos reading earnings/revs YoY comps, without deep understanding different number of Knicks/Rangers home games in last year season, despite rev/game up * Action: Selling $160p Jan 2024 LEAPs amidst the chaos. Then Imma pull my goalie and put an enforcer on the ice instead
What’s going on with $MSGS , looking to get informed
Update from life as partial-sports-team owner: MSGS with boost, after got [picked as the draft pick into the S&P 600 small cap](https://finance.yahoo.com/news/madison-square-garden-sports-set-215000781.html) *Sitting courtside* *Knicks giving high +5%* *Premarket spiked up, I could trip a referee* *Tell by the esoteric tickers, I’m most definitely* *From wsbog*
Rummaging through rubble of power hour, for any survivors caught in TSLA blast radius. Final adds for the day: * GOOG * RKT * LGF-A * TDOC * MSGS
The Vegas arena would probably fall under MSGE (Entertainment) shares not MSGS (Sports)
My gig as a minority sports-team owner continues: 1. [Amassed a decent stake in MSGS last week](https://www.reddit.com/r/wallstreetbetsOGs/comments/14atu0u/daily_discussion_thread_june_16_2023/jod3ekc/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3) for their blue-chip New York NBA/NHL teams 2. Now today’s announcement that [Qatar is offering to buy a minority stake in parent company of Washington Wizards NBA/Washington Capitals NHL teams](https://www.reddit.com/r/wallstreetbetsOGs/comments/14atu0u/daily_discussion_thread_june_16_2023/jod3ekc/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3) What dumb luck…Imma start sports training for professional horseshoe pitching
My side-gig as a minority sports team owner continues to be eventful. Averaged up today on MSGS (+1.25% so far this AM). My thesis: * Jordan [selling Charlotte Hornets at apparently a $3B valuation](https://syndication.bleacherreport.com/amp/10079533-michael-jordan-sells-hornets-at-reported-3b-valuation-j-cole-among-investors.amp.html) * MSGS with much bigger home market of New York Knicks, plus the New York Rangers hockey team to boot has market cap $4.2B Plot twist is the co-buyer of Hornets is boss of defunct Melvin Capital/Citadel protege himself, Gabe Plotkin. His confusing reappearance was explained in a simple line of dialogue of *’Somehow, Plotkin returned’* Anyways, by inflating the value of the Knicks for me, really can say, thanks for the discount Kenny
* An NHL hockey team, Ottawa Senators, [just sold for $1B](https://www.cnbc.com/2023/06/13/nhls-ottawa-senators-ink-deal-with-michael-andlauer-for-record-price.html). * Was purchased in Aug 2003 for $92M, giving a 1080% return in 20 years, versus approximately 523% total return S&P 500 over same period I bought stakes in: * $MSGS (New York Basketball/Hockey) * $MANU (UK Soccer) Up next, I think I'll round out my sports stable by opening stakes in: * $BATRA Liberty Media (Atlanta Braves Baseball [planning to spin it off the team stock](https://boardroom.tv/atlanta-braves-go-public-liberty-media/). Also owns Formula 1, Sirius, and a 30% Live Nation stake) * $EDR Endeavor Group (UFC, and now WWE)
* An NHL hockey team, Ottawa Senators, [just sold for $1B](https://www.cnbc.com/2023/06/13/nhls-ottawa-senators-ink-deal-with-michael-andlauer-for-record-price.html). * Was purchased in Aug 2003 for $92M, giving a 1080% return in 20 years, versus approximately 523% total return S&P 500 over same period Bought stakes in MSGS, and MANU. Any other major sports team trade as stocks?
What a month. Hope y’all OGs are making some bank. Increased stakes here, and reasons: * UWMC: Rate pause * RKT: Future refi markets. Jan24 short puts $10. Printed hard today. Doubled down selling more puts * NVTA: Rate pause, useful product for moms * MSGS: I’ll never be wealthy enough to buy an NBA or hockey team but can get a slice, in focus after MANU rumor * MANU: On the dip after takeover rumor spike. It is a decent buy for someone like a sovereign nation, not as good of deal as WWE was but alas * UPST: Rate pause * SAVA: Ahead of CMS results sometime in next few months * SWK: Beaten-down industrial, divvy
I think the sphere is part of MSGE, the discount of MSGS is because Dolan is a moron and wall street has to factor in that he could destroy his own company. Only stock I can think of that could make a massive jump in price if the CEO were to die tomorrow.
I should look into MSGS, just concerned about the cost overruns for the MSG Sphere project in Vegas, but maybe that has already been priced into the current stock price
You can get the Knicks through MSGS, but it come with the Rangers. Also have to understand the Dolan discount. I think the only other traded major sports team is the Atlanta Braves.
"screaming buy" isn't much of a thesis. What's your target? How does that target seems justifiable compared to the NAV? I look at MSGS, and I see a few warning signs. 1) The recent runup. 130-ish to over 180 means the market has chewed through lots of willing buyers. Are there more willing buyers? Probably depends on your thesis regarding the continued popularity of live sports. 2) The company services significant debt. That's not a big, big deal given they can service that debt at a reasonable price and have massive assets to back it up. But servicing debt still comes out of my potential profits as a shareholder. 3) Short interest is up. Shorts definitely think a leg down is coming. That's reasonable given the run-up so you might look to buy in cheaper at a lower point. 4) The peaks for MSGS over multiple years keep declining. The valleys have stayed roughly the same. This stock has cut a multi-year downward channel. Again, probably worth considering a lower entry point. MSGS also has some solid upsides. 1) Significant brand moat. Sports teams be sportin. 2) Solid market valuation based on the brands. It's worth assessing a company like MSGS the way you might MCD. The brands matter. 3) Significant assets over and above any debt that the company has to service in the near future. Lots of opportunity to keep rolling debt service forward. 4) Growing acquisition interest in sports teams. MSGS doesn't want to sell, but for the right price everyone will sell. And stupid people do buy sports teams all the time. 5) What little insider buying there has been recently is positive. It does look like a bottom has shaped if you're big believer in insider buys. Keep in the mind the MSGS insiders were smart enough to unload in Feb 2022 @ 300-ish. these are not stupid people. Also, not tons of buyable shares. My assessment: If you want a MCD-style long-term stock with proven brand value, MSGS may have some value on its next leg down. At this price . . . meh . . . I can find more value elsewhere.
I think you kind of just answered your own question here. The fact that Dolan and other parties privately own a good amount of MSGS means there’s less of the company available to the public, therefore the value of the teams or TV networks doesn’t really matter. The market cap is just the valuation of the outstanding shares which overall equals a small part of MSGS in its entirety.
https://anchor.fm/andrew-walker260/episodes/Jon-Boyar-on-the-Dolan-Discounts-at-MSGS-and-MSGE-e1pspmf Heard a podcast breaking this down.
$MSGS the teams they own are worth more than their market cap.
NY Knicks and NY Rangers are under ticker MSGS. And the Braves ticker is about to change, it’s going to be called Atlanta Braves Holdings but idk ticker yet
S&P futures down 1.1% in Friday morning trading. However, US equities still on track for big weekly gains following a three-week losing streak during which the S&P lost ~12%. Treasuries weaker with some curve flattening; near worst levels. Dollar index up 0.3% with strength on the major crosses. Gold down 1.0%. Phagcoin futures down 2.0%. WTI crude up 0.8% and having its best week since March. Nonfarm payrolls increased 263K in September, a bit more than expected, following unrevised 315K gain in August. Unemployment rate unexpectedly ticked down 0.2pp to 3.5%. Market was hoping for a weaker report to fit with some of this week's earlier hints about some loosening in the labor market. Report has boosted probability of a 75 bp rate hike next month to more than 90% and put more credibility behind the Fed's latest flurry of raise-and-hold/higher-for-longer messaging. Waller continued string of hawkish Fedspeak, noting he expects additional rate hikes into next year and Fed not considering slowing or halting tightening due to financial stability concerns. Biden warned risk of nuclear "Armageddon" is at highest level Cuban Missile Crisis, though White House said no indication Russia preparing to use nuclear weapons. Bloomberg highlighted few signs party congress will spur Chinese President Xi to put more focus on growth, despite wishful thinking by Wall Street. Japan warned again on yen weakness with currency near recent intervention levels. Taiwan exports fell further in September, below expectations. UN food agency's world price index fell for a sixth month in a row in September after hitting a record high in March. Earnings risk theme in focus as we get closer to Q3 earnings season. AMD-US negatively preannounced revenues for Q3, flagging significantly softer PC demand due to macro headwinds. Samsung Electronics Q3 profit worse than expected on weaker chip demand. LEVI-US missed on key Q3 metrics and lowered its FY22 guidance to reflect softer performance in NA and Europe due to macro headwinds and supply chain disruptions. <b>CS-US up after it announced plans to repurchase up to ~$3B of senior debt securities, describing the move as opportunistic to take advantage of market dislocations. CVS-US hit by CMS Start score release. DKNG-US boosted by report is nearing a large new partnership deal with ESPN. MSGS-US announced $250M capital return.
A lot of travel names - particularly the cruises - diluted shareholders considerably. Skepticism over the sustainability of travel rebound is imo understandable. You've had a lot of "mini bubbles" over the last two years - "home renovation", "e-commerce", "online real estate", etc etc - given that the consumer continues to face material inflation, it would not surprise me if pent up demand for travel slows. What did surprise me was how much people on here seemed to only focus on airlines and cruise ships when hotels are imo a better business. I'd much rather own Hilton or Marriott long-term than a lot of the travel names discussed, and they benefit from staycations as well as longer trips. "Also what stocksc are you suprised didn't recover as you expected to pre-pandemic levels?" I'm not surprised about things that haven't recovered to pre-pandemic levels. I am surprised at the extend of the destruction of growth names that are now back to in some cases to March 2020 lows or worse. Actually, now that I think about it the one thing whose poor performance has surprised me a little is Bright Horizons (BFAM), which is going through issues with labor cost and other concerns but that being down nearly 50% YTD seems excessive, especially given that the services are a need. I'd have thought that the Madison Square Garden names (MSGS/MSGE) would have had more of a recovery. Restaurants were a bit more of a mixed bag than I'd thought.
Might be a short term play, but ManU has a pretty brutal 10 year chart. I don't know if Musk would unlock value. $MSGS to own some NY Knicks / Rangers is an alternative if an investor wants to own part of a sports team. $WWE was the best one to own over the last decade though that I know. Come to think of it, $WWE would probably be the best fit for Musk's recent carnival barker type antics
if MSGS were to start doing buybacks it would be compelling
Definitely rare, but there's a handful and usually some big names flirting with the idea. Depending where you're from the following teams may mean absolutely nothing to you, but New York Knicks (NBA) and New York Rangers (NHL) are both public through the MSGS ticker.
I'm pretty sure New York's professional sports teams are publicly traded, you can be a part owner of the Knicks if you want. MSGS stock.
Because someone already said SOFI, I'm going MSGS, BECAUSE IT'S ALL ABOUT THE KNICKS BABYEEE BING BONG!!!
TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart from a technical perspective. Great base set up right now. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart from a technical perspective. Great base set up right now. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
MSGS - Madison Square Garden Sports Corp For the first time ever, a National Hockey League team is valued at $2 billion in the annual valuation rankings from Forbes. Here’s what the valuation estimate and recent acquisition activity in the space could mean for the owner of the Rangers, which is publicly traded. What Happened: The average National Hockey League team saw a 32% rise in its value assigned in the annual Forbes rankings. The average NHL team is worth $865 million in the new rankings. This marked the biggest one-year average gain to the average NHL valuation by Forbes since a 50% gain in 2012 when a new Canadian market television deal was signed. Leading the NHL team rankings is the New York Rangers, valued at $2 billion. The valuation of the Rangers was up 21% from the previous year and marked the first time a team was valued at $2 billion. Credited with the increase in valuation changes were several recent team sales and a rise in league revenue. The Pittsburgh Penguins recently entered a deal with Fenway Sports Group for a $900 million purchase price, or around 4.5 times expected revenue for the current 2021-'22 season. Prior to the deal, the average multiple was around four times revenue, according to Forbes. Deals for the Carolina Hurricanes (2018), New York Islanders (2016), and Arizona Coyotes (2014, 2019) were done at multiples of 3.9, 4.2, 3.3 and 3.0, respectively. League revenue is increasing thanks to media deals. ESPN, owned by Walt Disney Co (NYSE:DIS) and Turner, owned by AT&T Inc (NYSE:T) signed new deals that started this season paying the NHL an average of $625 million a year. The previous U.S. media deals from ESPN and Comcast Corporation (NASDAQ:CMCSA) unit NBC paid an average of $300 million annually. The league reported hockey-related revenue of $2.9 billion in the 2020-'21 season. Revenue is expected to be $4.8 billion in 2021-'22 and increase to $6 billion for the 2025-'26 season. Related Link: 8 Stocks To Watch For The NBA's 75th Anniversary Season Madison Square Garden Sports: The Rangers are owned by Madison Square Garden Sports Corp (NYSE:MSGS), a publicly-traded sports holding company. Madison Square Garden Sports owns the Rangers, the New York Knicks (NBA), Westchester Knicks (NBA G League), Hartford Wolf Pack (AHL) and esports assets such as Counter Logic Gaming and Knicks Gaming, which is in the 2K League owned by the NBA and Take-Two Interactive Software (NASDAQ:TTWO). The latest rankings from Forbes break the Rangers down at $468 million for sport, $893 million for the market, $309 million for the stadium and $330 million for the brand. The team’s iconic Madison Square Garden Arena is owned by Madison Square Garden Entertainment Corp (NYSE:MSGE). The Knicks were valued at $5.8 billion in the latest Forbes rankings, up 16% from the previous year. The valuation is broken down as $2.0 billion for sport, $2.5 billion for market, $403 million for the stadium and $918 million for the brand. Taking out the value of Madison Square Garden Arena and the Rangers are valued at $1.7 billion. The Knicks would be valued at $5.4 billion without the stadium. There could be some additional overlap between the values of the teams being owned together. Ultimately, the two iconic New York teams are valued at $7.1 billion without their stadium. MSGS shares trade with a market capitalization of $4.2 billion and an enterprise value of $5.3 billion. Based on valuation, MSGS shares could be selling at a huge discount to its actual value of assets.
TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
Bullish TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
Bullish TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
MSGS - Madison Square Garden Sports Corp For the first time ever, a National Hockey League team is valued at $2 billion in the annual valuation rankings from Forbes. Here’s what the valuation estimate and recent acquisition activity in the space could mean for the owner of the Rangers, which is publicly traded. What Happened: The average National Hockey League team saw a 32% rise in its value assigned in the annual Forbes rankings. The average NHL team is worth $865 million in the new rankings. This marked the biggest one-year average gain to the average NHL valuation by Forbes since a 50% gain in 2012 when a new Canadian market television deal was signed. Leading the NHL team rankings is the New York Rangers, valued at $2 billion. The valuation of the Rangers was up 21% from the previous year and marked the first time a team was valued at $2 billion. Credited with the increase in valuation changes were several recent team sales and a rise in league revenue. The Pittsburgh Penguins recently entered a deal with Fenway Sports Group for a $900 million purchase price, or around 4.5 times expected revenue for the current 2021-'22 season. Prior to the deal, the average multiple was around four times revenue, according to Forbes. Deals for the Carolina Hurricanes (2018), New York Islanders (2016), and Arizona Coyotes (2014, 2019) were done at multiples of 3.9, 4.2, 3.3 and 3.0, respectively. League revenue is increasing thanks to media deals. ESPN, owned by Walt Disney Co (NYSE:DIS) and Turner, owned by AT&T Inc (NYSE:T) signed new deals that started this season paying the NHL an average of $625 million a year. The previous U.S. media deals from ESPN and Comcast Corporation (NASDAQ:CMCSA) unit NBC paid an average of $300 million annually. The league reported hockey-related revenue of $2.9 billion in the 2020-'21 season. Revenue is expected to be $4.8 billion in 2021-'22 and increase to $6 billion for the 2025-'26 season. Related Link: 8 Stocks To Watch For The NBA's 75th Anniversary Season Madison Square Garden Sports: The Rangers are owned by Madison Square Garden Sports Corp (NYSE:MSGS), a publicly-traded sports holding company. Madison Square Garden Sports owns the Rangers, the New York Knicks (NBA), Westchester Knicks (NBA G League), Hartford Wolf Pack (AHL) and esports assets such as Counter Logic Gaming and Knicks Gaming, which is in the 2K League owned by the NBA and Take-Two Interactive Software (NASDAQ:TTWO). The latest rankings from Forbes break the Rangers down at $468 million for sport, $893 million for the market, $309 million for the stadium and $330 million for the brand. The team’s iconic Madison Square Garden Arena is owned by Madison Square Garden Entertainment Corp (NYSE:MSGE). The Knicks were valued at $5.8 billion in the latest Forbes rankings, up 16% from the previous year. The valuation is broken down as $2.0 billion for sport, $2.5 billion for market, $403 million for the stadium and $918 million for the brand. Taking out the value of Madison Square Garden Arena and the Rangers are valued at $1.7 billion. The Knicks would be valued at $5.4 billion without the stadium. There could be some additional overlap between the values of the teams being owned together. Ultimately, the two iconic New York teams are valued at $7.1 billion without their stadium. MSGS shares trade with a market capitalization of $4.2 billion and an enterprise value of $5.3 billion. Based on valuation, MSGS shares could be selling at a huge discount to its actual value of assets.
Hi all, Here are the best bullish charts I’ve found this month. I have a position in all full disclosure after buying my last positions yesterday and today. Good luck hope this peaks your interest! Merry Christmas TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
Hi all, Here are the best bullish charts I’ve found this month. I have a position in all full disclosure after buying my last positions yesterday and today. Good luck hope this peaks your interest! Merry Christmas TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
Hi all, Here are the best bullish charts I’ve found this month. I have a position in all full disclosure after buying my last positions yesterday and today. Good luck hope this peaks your interest! Merry Christmas TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
Hi all, Here are the best bullish charts I’ve found this month. I have a position in all full disclosure after buying my last positions yesterday and today. Good luck hope this peaks your interest! Merry Christmas TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
Hi all, Here are the best bullish charts I’ve found this month. I have a position in all full disclosure after buying my last positions yesterday and today. Good luck hope this peaks your interest! Merry Christmas TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
Hi all, Here are the best bullish charts I’ve found this month. I have a position in all full disclosure after buying my last positions yesterday and today. Good luck hope this peaks your interest! Merry Christmas TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
Hi all, Here are the best bullish charts I’ve found this month. I have a position in all full disclosure after buying my last positions yesterday and today. Good luck hope this peaks your interest! Merry Christmas TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: self explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
Hi all: Here are the best bullish charts I’ve found this month. I have a position in all full disclosure after buying my last positions yesterday and today. Good luck hope this peaks your interest! TFX - Teleflex: Medical device company focused on urinary issues as well as fluid draining of lungs. They’re products are always in high demand for catheters etc. but Covid has really boosted lung product sales. CTT - Catchmark Timber Trust: Owns and harvests on high quality timberlands that have been producing at high levels recently due to timber boom and housing boom. ENR - Energizer Holdings: batteries. I like the chart and we’re heading into Christmas which is like battery pallooza for the industry. FSS - Federal Signal Corporation: makes radios, sirens, speciality electronics for huge gvt police, fire military etc contracts. Great chart MSGS - Madison Square Garden: great dip this month due to fears of closing nba and nhl seasons due to Covid. Msgs owns the knicks and the rangers and the garden itself. Rangers just set a record nhl valuation at $2 billion. That’s huge for an nhl team. Should move msgs significantly higher. MBT - Mobile Telesystems: literally just riding the ups and waiting for super predictable dips on this one for the last 7 months. easy money honestly NYT - New York Times: sec explanatory. Great bullish set up right now. STE - Steris: medical equipment company specializing in sterilization products for hospitals which has been awesome throughout Covid. Great chart and nice hedge for an unforeseen omicron wave.
The NFL has none but MSGS owns the New York Rangers (NHL) and New York Knicks (NBA). Same with the Braves example above. Sports franchises are hella profitable passion projects though so owners tend to stay in forever. The Green Bay Packers apparently let fans buy "shares" but it's something like non-voting non profit stock or some feel-good bullshit
Amazon and alibaba are fairly low, MSGS is also fairly low, u can invest there. Google is pretty safe although its on the rise, i believe its safe that after some dips it will rise higher. Semiconductor market is a quite attractive. MRNA is also a sleeper imo
Any light at the end of tunnel for MSGS, WMT, TJX or PLUG?
Question: if i have held MSGS for 1 year and its break even. Would i be better selling it and throwing it in something more likely to grow like QQQ?
MSGS? Let’s go knicks
MSGS? Let’s go Knicks!!!
MSGS finally making money moves ! Woohoooo
MSGS gonna go crazy after the Knicks with the NBA championship
MSGS because the Knicks are back!!
Travel sector as a whole. Anything entertainment related (EB, MGM, MSGS). I am still long on booze (BUD and TAP)
MSGS A good buy after new CDC guidelines?
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HOFV: * CEO worked at Disney for 13+ years. This is great experience for someone building a Disney type resort centered around American Football * Recently partnered with Dolphin Entertainment to work on NFTs for Hall of Fame football players and NFL players * Launching a fantasy football league this week with big announcements coming on March 30th. * Getting into sports betting with their fantasy league. CEO has not said who they may be partnering with but expect a big name, maybe DraftKings Price speculation - NFTs are very real and we've seen examples of TKAT and other stocks how parabolic the price movement can be. Expect anywhere from $20 to $50$ in the near future just based on NFT hype. If you are long term on this, you can expect a price movement within a year similar to MSGS. This is a win both short term and long term. Good luck to everyone.
Why are MSGN and MSGS up 10% + in after hours Did the Knicks do something
> What does the value of individual NBA/NHL teams have to do with the MSGS stock? Because MSGS has two of them
I mean, pre-pandemic MSGS topped out around $220. They’re ~$200 right now. What’s going to change for them in the future that breaks that $220 ceiling? What does the value of individual NBA/NHL teams have to do with the MSGS stock?
Picked of a fraction of MSGS and rather happy this far. I'd like to get more soon. That's a set it and forget it stock IMHO. I'd like to hold that for quite a while for when the day eventually comes where concerts and sports are a thing again. Bands, teams, and fans all have some making up to do and I think MSGS has tons of growth coming it's way.
Time to get on the entertainment train if you guys haven't: MSGS & MSGE have been killing it, and if the pandemic has taught me anything it's the rich get richer. And you don't get much richer than that Also for your consideration: Vista, Vici
Liquidated my ICLN position for breakeven today. Moved the money into MSGS based on the deep technical analysis of the knicks making the playoffs this year
Bought a share of MSGS on friday and put "part owner of NY Rangers" in my tinder bio
BUY MSGS WHILE ITS ON SALE. COVID reopen earlier this week for partial capacity at NBA and NHL games and concert ticket sales went live today but no significant increase in price yet SO FUCKING BUY U RETARDS🦍🦍🦍🦍
$MSGE and $MSGS killin it first Knicks game with fans was yesterday
ASRT, MICT. I also sprung for a couple fractionals for the first time. MSGS, Madison Square Garden, Up 1.86, whoooops not me. Also bought a share and a half if LEVI right at open and that did ok.
Puts on $MSGS cause the Knicks best player is Julius Randle
MSGS cause the knicks are good again
MSGS, vaccine rollout around NBA playoffs, and knicks looking like a playoff team for the first time in almost a decade? prime time for a jump in MSG stock