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Gamehost Inc T.GH

Alternate Symbol(s):  GHIFF

Gamehost Inc. operates hospitality and gaming properties in Alberta, Canada. The Company's segments include gaming, hotel, and food and beverage. The Gaming segment includes three casinos offering slot machines, electronic gaming tables, video lottery terminals, lottery ticket kiosks and table games. The Hotel segment provides full and limited-service hotels, banquet and convention services, and includes three hotels catering to mid-range clients. The Food and Beverage segment has operations that are located within the casinos and hotels. Its operations include the Deerfoot Inn & Casino in Calgary, Rivers Casino & Entertainment Centre in Fort McMurray, the Great Northern Casino, Service Plus Inns & Suites, and Encore Suites by Service Plus Inns, all located in Grande Prairie. The Company also owns an investment property located adjacent to its operating properties in Grande Prairie. Its subsidiaries include Gamehost Limited Partnership and Deerfoot Inn & Casino Inc.


TSX:GH - Post by User

Bullboard Posts
Comment by KC8on Dec 10, 2018 11:15pm
142 Views
Post# 29095168

RE:RE:RE:RE:RE:Not worried

RE:RE:RE:RE:RE:Not worried

malx1 wrote: Anonymous has been net seller over past 5 years and continues today.  Likely institutional holders throwing in the towel on Alberta.  Net buyer of GH has been Acumen, accumulating $12.5mm worth of shares at an average cost of $11.10.  The long-term winner here will be Acumen's customers.  They keep buying GH shares while customers collect the 6% dividend annually in their accounts.  Valuation is low compared to peers, debt is low, opportunity here is to the upside with resurgence of Grande Prairie NGL's and slow rebuild of Ft McMurray. 

Get the NDP out provincially then fire the Liberals federally and you have the recipe for strong recovery in Alberta as oil prices march higher.

Job creation, wage growth and low interest rates. 

Kasking is right, $12+ is very reasonable.

This stock is attached at the hip to oil prices.  The low float and market volatility also contribute to wide fluctuations in share price.

If you are correct about institutional investors fleeing for cover, it would seem reasonable to assume the stock will take the path of least resistance, and that would be downward.

Do you folks still feel the current dividend is sustainable going forward?

Earnings out any day.  See you back at $11+


farmer9, how did your Northern Frontier Corp shares fare after you exited GH to buy them?  Is Monty Balderston still running companies into the ground?



 

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