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Bullboard - Stock Discussion Forum NorthStar Gaming Holdings Inc. V.BET

Alternate Symbol(s):  NSBBF

NorthStar proudly owns and operates NorthStar Bets, a made-in-Ontario casino and sportsbook gaming platform that provides players with a uniquely local, premier user experience. The NorthStar Bets sportsbook provides real-time news, stats, analysis and scores directly in the betting environment along with the most popular online casino games.

TSXV:BET - Post Discussion

NorthStar Gaming Holdings Inc. > People Are Getting Fleeced Selling At Below .1165
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Post by ScarletSpider on Apr 02, 2024 11:34am

People Are Getting Fleeced Selling At Below .1165

I have based my calculations on the expected revenue of 22.5 million and 193 million os just do the math. But if they are making money nevermind i suppose. That being said i dont believe for one moment this equity is less than at least 11.65 and i do expect that after all of 2023s financials are released  at the end of this month q1 2024 will still best them no reason why it will not so i am expecting a decent bump significantly over .10....i am expecting .20 plus to start and way more actually but this is my expectations based on what the growth looks to be however if the market sees something else as it is right now despite what i have constantly going on about well someone(s) are screwing the proper share value and why the stock sp is failing to properly move further towards .64 where it fell from. There is 0 justification in its price i still value fmv as a lay person .15 to .20 right now with the finacials upwards of that towards .40. In any case lets see where it goes but definitely heavy discount where it is trading.
Comment by evilballs on Apr 11, 2024 2:11pm
You are probably close to a realistic valuation for this company.  The amount of profit they make off their revenue us less than exciting compared to Rivalry and should be undervalued compared to rvly but the valuation plus impressive growth numbers make BET an enticing investment with the potential for revalaution in the future as they near breakeven.  The year end financials coming up ...more  
Comment by ScarletSpider on Apr 12, 2024 6:34am
Evilballs  Here is what i will say the .1165 is based as i said 22.5 million divided by 193 million that is low end now i have seen people talk about EBITDA which when companies are still operstimg at a loss but from my understsnding around break even or small profit and have free cash flow for operations they are moving towards even stronger profits. It is not uncommon for companies at an ...more  
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