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

NYX KAMBI COMPARISON

[bohikam]

Kambi just announced 2016 results.  (Kambi competes with NYX.  same business)

550 on staff

2016 total revs 77mm cad

2016 operating profit 2.4mm cad 

Market cap 434mm cad


if you use those numbers in isolation

based on 2017 expectaitons



NYX market cap would be $1,290mm cad

or $12.88 per share

you still think we are expensive ??

[SunsetGrill]

CMON BOHIKAM get a grip. Why do you think NYX is down here at a buck. Could it possibly be the HUGE DEBT. Now perform your little calculation again; and take debt into the equation. At least give these followers a somewhat unbiased view.

[Geckom24]

Sunset I agree with on that. My hope is with all the new revenue streams they pay off some debt, the stock then takes away the heavier risk factor and will absolutely fly. Has management recently outlined there plan to repay debts and move into a nice bottom line?

[tarka55]

Ya debt is the thing. I hope they get it togeather soon  i havent heard anything about this stock other than borrowing n buying.but if you look at growth and ebita its risky but has huge upside

[SunsetGrill]

Gek24 The market has made it clear that it wants vastly improved EBITA margins from their last quarter. Davey is on the record as saying his #1 goal is to improved that by year end. The bloom is off Davey right now and they have to put up some solid numbers for a few quarters and get that margin to 40% - if not its dead money. And to everyone (including Bohikam) the stock is worth exactly $1,12

[tarka55]

Well im not really one to argue.but i think right now its worth 1.40-1.50 just by the numbers i think they need to addres the devt and soon.but there getting very big very fast so its risky but thats the market you can handle risk i think its a great entry point..

[SunsetGrill]

NO they are worth $1.13 today. If you can find someone to buy them for 1.40-1.50 then sell them today. I dont think you will, but i will be buying mine at $1.12. Currently the market is obviously not comfortable with anything more. The market is always right on that day. I hope earnings boost the comfort level. It does not cut a stock in half (from last earnings) because it sees a rosey future

[Carpenter72]

SunsetGrill. We have to make a big difference between today's sp and intrinsic value. Honestly, I think longterm investors are looking for these real value cie at discount sp level like today the market is offering. NYX is in that kind of category. Now, what's the NYX's intrinsic value? That's the question...IMHO way north of 1,12$ for the long run... You have to keep in mind all

[SunsetGrill]

So why doesnt another (bigger) house come along and blow Cancacord out of the water if the shares are worth WAY north of $1.12 ?? If there was $$$ to be made wouldnt you bet another house would come along and take them out of the equation??

[Carpenter72]

You're right! It's just a question of time...

[bohikam]

WE ALL HAVE TO CHILL I THINK Canaccord will be back.   They sold the NYX knowing they had until April 2017, when the earnings come out,  to decide what price they want to come back in at.  I estimate that to be a 9 month sell and hold it down program. Just saw a recent Canaccord Analyst report on NYX.   Very postitive

[bohikam]

Most analysts have them at +75million FCF 2017 and growing beyond.   Debt is not a problem over time