TSXV:NYX.DB - Post by User
Post by
retiredcfon Dec 29, 2015 7:25am
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Post# 24416005
Eric Nuttall
Eric NuttallIs back on Market Call on Thursday. As can be seen, he had it as a top pick when he was last on just over a month ago (and the SP was more than 10% higher). GLTA
2015-11-20 TOP PICK Eric Nuttall
An example of how the market can suffer from temporary stupidity in the moment. Stock fell 30%, off the earnings of Amaya (AYA-T). (Amaya is about 20% of NYX revenue.) Amaya had a really weak quarter because of their poker, but their other business of online gambling grew 25% quarter over quarter is a huge upside for their 2016 story. NYX has pure exposure to the online gambling, but no exposure to the poker side. Also, bought 2 businesses they had to eliminate some costs on, so expects Q3 will be their last negative EBITDA quarter. He is looking at a minimum of $0.25 earnings for 2016, and that number can easily grow by 50% in 2017. This is trading below 10X earnings on a company that is growing earnings by 50%. A 2016-2017 earnings story.
Price:
$2.820
Subject:
CANADIAN SMALL & ENERGY
Bias:
UNKNOWN
Owned:
Yes