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Bullboard - Stock Discussion Forum NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

TSXV:NYX.DB - Post Discussion

NYX GAMING GROUP LTD 11 PCT DEBS > Serious volume today...
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Post by Grinder57 on Aug 05, 2015 3:11pm

Serious volume today...

With a nice bounce...  Nice to see the bigger players stepping in now!!!
Comment by Infirstmoney on Aug 05, 2015 3:16pm
I think their latest press release was a positive for the company. I believe that institutions will buy into the news at these low levels. The stock is cheap here. Poker Stars and Full Tilt have a lot of growth ahead around the globe and NYX will profit. Ongame is being transformed into a money maker. The company profile has been raised substantially with the deal.
Comment by Grinder57 on Aug 05, 2015 4:01pm
It's hard to sit tight with your position when they run it down past your price pain threshold, as they have such a good read on these levels... Big money came into play in the $4.50 range and they will be riding along Amaya's coat tail in the beginning and later move along in some of their own development opportunities with land based casino operations... The next couple of quarters ...more  
Comment by dailin on Aug 05, 2015 4:49pm
This post has been removed in accordance with Community Policy
Comment by dailin on Aug 05, 2015 4:49pm
This post has been removed in accordance with Community Policy
Comment by stocksnbonds on Aug 06, 2015 12:38am
Been away for a  few days and still the usual suspects still pumping even though this thing tanks.  What happened to the 2-3 bagger you were predicting a couple months ago?  Only 4.00 by fall?  At least your being more realistic. Would hope you put up some numbers to back up your claims as opposed to guessing which is what you are doing on all your posts.  NYX is tanking ...more  
Comment by Grinder57 on Aug 06, 2015 2:45am
S & B , You are correct about the MRG agreement with Amaya beginning in the final October quarter, however I believe they will still generate revenue from Amaya's sales tied to NYX platform they are using. So, maybe it won't be a pro rated $3 million for the months of August and September, but they should  receive revenue from the sales for those 2 months without the guarantee??? ...more  
Comment by stocksnbonds on Aug 06, 2015 12:01pm
In the grand scheme of things, it does not matter as NYX will receive 3 million from AYA for 12 straight quarters at a minimum. Whether it starts asap or in october does not matter except for the front loading and recognition of revenues soner than later.  I would agree that NYX would still receive compensation based on current useage. DOn't know if you've seen the latest AYA casino ...more  
Comment by Infirstmoney on Aug 05, 2015 7:03pm
Hope they can may some low ball bids for companies like LAB. Lab could be had on the cheap right now.
Comment by Infirstmoney on Aug 05, 2015 7:05pm
Make some bids I should say. Their free cash slow allows them to do that. However, it would probably be prudent to wait a couple of months before consolidation of the smaller players.
Comment by stocksnbonds on Aug 06, 2015 12:52am
Infirst,  I bought some LAB ironically in the low .40 range and sold in the high .30s. Never looked back. It was a bad investment. Was counting on the company being more forward with details of their major Israeli aquisition but that did not happen. Furthermore, I wrongly assumed that the aquisition would be bringing in accretive earnings. I got a real bad feeling that the purchased division ...more  
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