TSXV:NYX.DB - Post by User
Comment by
Investor4000on Aug 12, 2016 4:13pm
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Post# 25137387
RE:Brexit a positive for debt
RE:Brexit a positive for debtstocksnbonds wrote: I'm not a big fan of debt as it can sink a company faster than many other challenges a company has. Some have spoken here about the devalued pound being a benefit. <span style="background-color:#ffffe0;">- I agree 100 % with you. The biggest challenge for NYX is their debt and probably why the share price have diminish (fear). </span><br /> <br /> Looks like Brexit revenues will hurt NYX although costs almost equally match revenues so those are pretty much a wash. <span style="background-color:#ffffe0;">- Spot on again. </span><br /> <br /> At the very least, NYX should be trading on the TSX in order to increase exposure to the firm.<br /> - <span style="background-color:#ffffe0;">Trading on the TSX is coming in september, Matt Davey talk about it in may after the Open bet acquisition. </span><br /> Europeans and specifically those in Great Britain see gaming as an industry like all other sectors. It has many gaming firms listed. Many investors/institutions in N.A. still view it as taboo. That supresses valuations. We need to get on the LSE and keep NYX cross listed in Toronto. Cost will certainly be an issue but well worth it. The IT CEO said in a BNN interview today that IT peers listed in London have had "PE valuations in excess of 10 for many years" whereas "IT has a PE valuation of 4.5." Theoretically, this translates into a increase of 2.5 times the current price for Intertain. - <span style="background-color:#ffffe0;">NYX has to be in LONDON ASAP ... with all the consolidation, we need to be in the hot spot for the coming years and it's not in North America</span><br /> <br /> Looks like a compelling reason to me. I'm still shaking my head that NYX has not bothered to do the same. NYX can use a 2.5 increase in it's current price. Then again, I'm just one lowly investor trying to scratch out a decent capital gain. - <span style="background-color:#ffffe0;">Between Amaya, Intertain and NYX I have the most confidence in Matt Davey compare to other CEO (Mc iver seem to be very knowledgable) , but it is still a wait and see kind of investment. Although At this price it's a steal </span><br /> <br /> sb
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