Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Fantasy Aces Daily Fantasy Sports Corp FASDF

Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.

GREY:FASDF - Post Discussion

Fantasy Aces Daily Fantasy Sports Corp > WHY I AM BUYING FAS? I AM BUYING AT 1X REVENUE
View:
Post by PriceIsRight on Jan 11, 2016 3:01pm

WHY I AM BUYING FAS? I AM BUYING AT 1X REVENUE

This stock trading at less than 1X revenue when ration of the industry is over 10X

November gross revenue was in excess of US$200,000 eclipsing October by 78%. With the growth show above we expect December to be even better with positive overlay.

Read more at https://www.stockhouse.com/news/press-releases/2015/12/08/fantasy-aces-daily-fantasy-sports-corp-provides-nba-update-announces-250-000#1YzbdiVJYjVGvAw8.99

200,000$ us revenue  in November = 280 000$ can.

280 000$ per month X 12 = 3.36 m.

3.36m X 10 time = 33.6m today valuation

They forcast over 6m revenue in 2016

TODAY MARKET CAP IS 4M$
Comment by rugulator1 on Jan 11, 2016 3:41pm
PriceIsRight - 3c x 83mil shares  does not equal 4 mil                        - they said in their interview they estimate 4-6x 2015 revenues... not 4-6mil As of 9months ending september they had 58k in revenues.... where are you getting your numbers from...  you are full of hope , hence the pumping i guess. Id like to see the ...more  
Comment by PriceIsRight on Jan 11, 2016 4:11pm
go see your inbox. Share Structure   Market Value1 $3,680,073 a/o Jan 08, 2016   Authorized Shares Not Available   Outstanding Shares 138,348,614 a/o Oct 26, 2015   -Restricted Not Available  ...more  
Comment by PriceIsRight on Jan 11, 2016 4:12pm
From Beacon report - number was the same with Smallcappower report Fantasy Aces has posted strong growth in members, deposits and revenue over the past few months, despite the macro headwinds.  We are forecasting Fantasy Aces to generate $551K of revenue in Q4/FY15 - with stand-alone revenue in the ~$1.5MM range for 2015, up ~500% y/y. We expect further growth in 2016 to $5.5MM.
Comment by lscfa on Jan 11, 2016 4:53pm
Hey price, I am long the stock but want to correct you on one thing. Shares o/s is ~ 140 million when you add the 57.5 million LP partnership units that are convertible 1 for 1 into common shares.
Comment by PriceIsRight on Jan 11, 2016 5:26pm
you're right...those share can be issue at any time to Frisina LP,,,they probably did the deal like that to avoid paying tax in US if shares was issuing in the deal. Thay why some financial site show those share was issue.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse