Smart money discovers GH - London England PM likes GHOne of our clever shareholders reached out this week uncovered a Gem of a writeup on Gamehost.
He said, "Be sure to share it with the gang on SH!"
Thank you, secret shareholder.
Great contribution.
See what you all think:
https://thepmteam.substack.com/p/gamehost-ghto?utm_source=profile&utm_medium=reader2 https://thepmteam.substack.com/p/gamehost-ghto?utm_source=profile&utm_medium=reader2
[img]https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbc7fae79-9381-42ca-81c1-9a7e3b739637_411x233.png[/img]
"6. Valuation I am not going to attempt to value Gamehost as I believe it would likely be time wasted, there are many variables that could change in the next 18 months. I will highlight however, that since 2018 Gamehost has reduced shares by 13%, paid $51m dividends with current yield at 5%,and is trading on a forward P/E of 9.7x and an EV/EBITDA of 7.8x. The business has improved each venue within the last 5 years and stands to benefit from a variety of potential catalysts that are beginning to play out within the Alberta area."
--- As time rolls by, momentum gathers from business fundamentals and write-ups like this one above could become more frequent and more widely dispersed. The fact that money managers in the UK are paying attention to little ol' GH, a stock often overlooked by most Canadians, it shows that we have something special going on here.
The old 'Hurry up and wait' strategy won't work forever because the day will come when our pirate sloop has a full crew. Then it's time to go hunting for more treasure......
Enjoy the weekend, gents.
Spring has sprung.