RE:RE:Amaya beats earnings!TheRock07 wrote: Amaya points out quite clearly just how undervalued IT really is.
Amaya has a very weak growth profile, cash flowed just $45 million in Q1, burned thru $50 million in cash, with a massive debt of $2.4 billion.
IT tripled its Q1 sales, cash flowed $52 million, added $32 million in cash and a debt of just $350 million.
Comparatively, AYA has a market cap that is 3 times that of IT..... And a over leveraged balance sheet.
Comparatively, IT would be trading at $40 if it were assigned AYA's valuation multiples.
The difference is that IT is still in the grip of a short and distort wolf pack whose critique lacks any merits.
Desperately, by wash trading , they are keeping the share price contained while they try to cover .
Value always emerges , and IT being a cash cow extraordinaire ,will soon break out of these illegal trading manipulation X by US hedgies and their Canadian pimps.
Be aboard when t does..
You're my idol ! I could not have said it better !