NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

What a joke

[stockbull9]

I can't believe people are selling this name with all the potential it has in store. Doesn't make sense to me. Do you guys think the debt can be an issue?

[ForesstGump]

This post has been removed in accordance with Community Policy

[QUANTUMJUMP]

Brexit man  $1.48 

[GobbleGobble]

Not sure how many times we need to clear this up.. Brexit affects the pound.. Yes. It affects the revenues yes. But it also affects the costs. Last report shows the company is a net beneficiary of a lower pound. Plain and simple. Idiots selling don't think about both sides. Read the last financials - you'll see.

[QUANTUMJUMP]

Yes and what currency do they report in ? Is that # going to be lower or higher  ..... oh no wait you are right and all the stocks that earn in GBP that are down are a mistake 

[GobbleGobble]

You realize NYX is diversified across the world right? They don't only collect in the pound. Also it comes down to margins and net income. When I say net beneficiary I'm talking about the bottom line.. you just seem to be looking at the top line growth. Macro forces can do what they want - market reacts the way it wants to.. but you need to see the effect on the company as a whole. I see

[Joseph_K]

Did they show earnings in the last quarter's financials?   Is the share price about to crack below $1.60 again? I'll admit it is tempting here but the $1.50s would feel more like back up the truck time.

[QUANTUMJUMP]

it is tempting , but if you have 5i go read the last answer to a NYX ?

[GobbleGobble]

The last quarter was flooded with massive one-time acquisition costs from the OpenBet deal. The next quarter you will see reduced Personnel costs, absent acquisition fees and costs, and also a full quarter of OpenBet's contribution. It will be a clean quarter. Pick your spots - all I'm saying is after a couple quarters we won't be anywhere near these levels. Profitable in 2017 100%.