Post by
Meeky on Oct 07, 2016 5:41pm
Eric Nuttal's Latest Comments
This has been slowly coming off the lows and is now at $2, which is still well down from where it was earlier this year. At $2, it is trading at about 18% free cash flow yield. Looking out, that is like 10X earnings on 2017, highly inexpensive relative to the underlying business fundamentals. An industry that is growing an organic rate of about 8%-10%. It is just going to take some patience.
Comment by
retiredcf on Oct 09, 2016 8:54am
Here's the link. "Still the largest position in his small cap fund." GLTA https://www.bnn.ca/video/eric-nuttall-discusses-nyx-gaming~968031 NYX Gaming (NYX.TO) – still owns in the Fund and personally • Then: $2.54 • Now: $1.99 • Return: -20.65% • TR: -21.65%
Comment by
retiredcf on Oct 09, 2016 9:08am
And here's a second link where he deals with it again under past picks (second stock featured). GLTA https://www.bnn.ca/video/eric-nuttall-past-picks~968035