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

NYX's main concerns

[Carpenter72]

Low EBITDA margin (25-26%)
Highly leveraged
Small divy for EVO

[seajust]

can you explain what number we are looking for Q4...the EBITDA number......for the year and Q4. thanks, I will hang up and listen to your answer.

[Carpenter72]

My point is that NYX has to prove to everyone and the financial community their ability to convert their revenues to high margin EBITDA (over 35%)  and then FCF to reduce the debt. All this pattern Q after Q, Y after Y, without flaw to create history and bring back confidence among investors.  My bet is NYX will do it. I hope 30% for Q4 and 32-33% EBITDA margin for Q1. I'm long and

[bohikam]

WELL SAID !!

[2kreturns]

I'm in this for at least another 2 years. I think they can do it too but people don't realize just how much effort cost cutting of this scale takes. I won't be surprised if cost-cutting is behind schedule in the earnings coming out but hoping they are going to surprise everyone.

[Investor4000]

I agree ! Cost cutting does not take 3 months (a quarter), it takes at least 1 year. 

[bohikam]

margins low for NYX in 2016 but if you see the 2017 analyst expectations are for similar EBITDA margins 34 to 35 for both EVO and NYX stocks should trade off of expectations for the future not off of the past

[seajust]

so when they are looking at this....what does it exactly mean?   2015A 2016E 2017E Sales (C$M) 52.3 165.0 235.2 P/E (x) NM NM 10.4 EV/EBITDA (x) NM 9.8 5.2 EBITDA (C$M) (0.8) 44.5 84.0