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Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Post by SilverSaver333on Dec 10, 2015 2:14pm
120 Views
Post# 24374017

PYD Growth Potential

PYD Growth PotentialBased on the graph shown in the corporate presentation, the average number of machines deployed at the end of March 2016 is expected to be around 2500. That is a very modest increase from the number of machines Poydras currently has in operation. Assuming PYD based the EBITDA for Q1 2016 on 2500 machines and doesn't take into account all their growth opportunities, it is likely they will outperform their projected Q1 2016 EBITDA. Also, PYD explicitly stated the 3.5 million loan from PDS is intended for new machine deployments and additional growth initiatives. Combined with an extensive initial target market, there is no question PYD will be expanding its footprint. Get shares at their current market value while you still can. DYODD and GLTA
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