Gamehost Inc T.GH

small cap with dividends and upside

[BarstoolSage]

We've talked about our spec holdings like Evergen that are intersting emerging companies....though the latter was brutalized in a recent financing no one seemed to like...including me

Now that I settled in with my core yield stocks.... that have proved remarkably resilient price wise in this downturn....I have been playing with the non core part 

A recent acquisition in my small cap dividend payer holdings is Corus (Canadian television channels and radio stations) which also hits a lot of our buttons because it has lost a tremendous amount of value over the last 10 years and on a concensus basis is significantly undervalued .....plus it comes with a current 6+% yield at a 34% payout ratio. 

Now trading at 3 to 4 times cash flow and 5 times earnings,  just over half book value, with a strong ROE and ROI and strong valuation fundamentals...strong insider buying....things I think TLV would love ..

I have 1250 shares at the moment and will likely add with dividends ...much like my slow accretion of GH...

Not as eager to hit these as I was GH, but will likley add more with monthly dividends

Currently 3.64 per share

[malx1]

For an "investment" with stability of a bank, the yield and dividend growth of the energy sector, I believe a purchase of CWB and FRU in equal amounts gives the investor 80% combined upside, less than 30% downside in recession, with a blended yield of 6.05% annually and growing.  Works out to 0.5% per month and likely to march higher in the coming years. Buying those as a 'pair

[BarstoolSage]

That pair sounds like a good basket Malx1 and no question I am happy as a clam with my GH position. It is a solid investment that meets my criteria for yield, quality assets, upside value, invested management, reasonable float and such. I am mostly finished assembling core yield holdings and looking to round that out with low cost shares like DIV, CJR simply because I am converting what I

[cpeczek]

Hard to go wrong in this bear market. Tons of value out there! It's great Gamehost is a stable rock right now.

[malx1]

Business will be approaching $20-25mm gross quarterly as we emerge from mandates and lockdowns. Maybe we get a little earnings surprise at GH for Q2. Slow and steady.

[nukester]

This might help the GH cause: https://boereport.com/2022/07/08/corporate-calgary-is-back-stampede-organizers-say-as-2022-event-kicks-off/

[malx1]

Quiet optimism is key. Never thought of using a high-end boot maker's order book to gauge optimism. This story was quite clever.

[cpeczek]

I hear a lot of people talking about this stock online and you are right it's insanely cheap at the moment. I can't get over how streaming could potentially completely disrupt their TV holdings. Corus owns TV stations that are primarily licencing adult content from Discovery and child content from Paramount in the US. Most of their hit content that they create that's catered to adults

[anjz661]

Definitely room for growth with the dividend moving forwards too.