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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 Art35on Dec 10, 2015 4:01am
87 Views
Post# 24371986

RE:RE:EPS VALUATION

RE:RE:EPS VALUATIONSteady revenue and positive net income will eventually force share price higher. There is no way this will stay at 5 cents ($17.3 mil market cap) for any extended period of time. If it does, some other company will buy them out for sure. With 2500 slot machines in place and expanding rapidly, PYD has become a cash cow. As they keep generating positive EPS quarter by quarter, big $$$ will take notice and bid SP up even higher. The tanking Canadian $ is doing us a HUGE favor as PYD is generating its income in $USD. Currently $1 USD = $1.3553 as od Dec. ($1.33 as of Nov.). I feel this is the last opportunity to buy PYD at .05 Anyone selling at 5 cents (even for tax loss purpose) is a FOOL. PYD will most likely sign new contracts next year. I see PYD trading in the .15 to .20 ($50mil to $70mil market cap) range by spring - summer 2016.

Canadian $

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