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

TSX will help...

[Carpenter72]

- I aggre with Dark Horse, IMO this is good Q but not an excellent one for NYX... 
- Remember Q2 is the weakest Q for online gaming (summer time)...
- The recent financing will affect positively future Qs...
- The pipeline remains strong (36 wainting)
- Almost hit 29% margin on EBITBA (still improving)
- Net loss is mainly due by non cash amortization and depreciation...(taking with grain of salt) 
- TSX will help big time to brign new large investors and institutionnals who believe in the sector and building a new base of shareholders with time (less possible sp manipulations)...
- IMO, still a 90 M EBITDA 2018 annualized cie with 350 M debt and a 8x EV/EBITDA multiple leads to 3,50$ sp range...Still undervalued in my mind.

GLTA

[stocksnbonds]

Carpenter72, good post although I would disagree on a couple of points. First, Davey said Q2 for NYX is not necessarily a down quarter. This was in an interview he gave last CC. There's enough gaming taking place in the UK to "smooth" revenues. I'm assuming it's due to the horse racing and the UK sports scene. Second, if NYX was on the TSX today, it would have been shorted

[maypeters]

Well thought out post SB and agreed on all counts. Debt is the main issue here. They really need to tackle it.  Davey holds 10% of the company - why does he not want the stocks to go higher :-( . ..  unless they take it private and screw the suffering shareholders. 

[bohikam]

agree 1000% Canaccord runs the Venture exchange and they lost interest in NYX. Without Canaccord and as long as NYX is on the Venture it goes sideways. Its time to graduate to the big board Its now all about access to a larger pool of capital. Soon I hope GLTA

[ForesstGump]

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