SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : SPIN-OFFS "secret hiding places of stock market profits" -- Ignore unavailable to you. Want to Upgrade?


To: cfimx who wrote (1020)8/10/2006 1:11:33 AM
From: Spekulatius  Read Replies (1) | Respond to of 1185
 
CD's earnings are out and look fairly ugly:

H- EBITDA down 22%
WYN - EBITDA down 12%
CD - EBITDA down 13%

I think all three spinoffs stocks will be down tomorrow. With respect to AVIS, while the near term outlook looks bad (due to cost pressures and rising interest expenses) this business has the highest gearing and i think a competent management can really make a difference there. It's a stock i intend to watch and defer the investment decision. I am somewhat sceptical on H since the real estate outlook is pretty bad. WYN achilles heel could be the timeshare business which has been a major growth driver but could sensitive to the economy.