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Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Comment by VPofFNEon Nov 29, 2015 2:51pm
77 Views
Post# 24336492

RE:Hi VP - I was wondering when you'd post - lol

RE:Hi VP - I was wondering when you'd post - lolWhoa, long post there Wangotango. The fact is that most of the business that PYD is adding currently is highly predictable as far as earnings go, and can be financed via DCF models quite easily. Given the information provided, I maintain that PYD will be on a $10mm EBITDA runrate within two quarters, which will give them a FMV of ~$0.20 per share. This won't run to $1.00 any time soon, but a 300% ROI at these levels within a year is entirely achievable without adding much new business. JMO.
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