Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Tangelo Games Corp. IPRSF

"Tangelo Games Corp is engaged in developing and selling social casino games. The company primarily designs, develops and distributes social casino-themed games within online social networks such as Facebook, Mobile platforms, Portal and other. It derives revenue through the in-game sale of virtual coins most of it is accounted through Facebook."


GREY:IPRSF - Post by User

Comment by lscfaon Sep 09, 2015 7:57am
140 Views
Post# 24088218

RE:Still way undervalued

RE:Still way undervaluedSome alternative views:

enterprive value = mkt cap + debt = 40 + 60 = 100 million
ebitda = 30 million
ev / ebitda = 3.5x

ebitda = 30 million
12% int on old and new debt = 7.7 million
30% tax = 6.69 million
net income = 15.61 million
eps = $0.09 ( 173 million shares)
P/E multiple of 15x => $1.35 share price


lscfa wrote: Mkt cap 161 million shs. x $0.25 = $40 million

2016 guidiance: "
Post the Acquisition, Imperus will immediately elevate to a top-tier social gaming company, with forecasted 2016 revenue of between CAD$70MM to CAD$75MM and adjusted EBITDA of between CAD$25MM to CAD$30MM."

Mkt cap / sales = 0.53 x
mkt cap / ebitda = 1.33 x




<< Previous
Bullboard Posts
Next >>