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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 Jan 14, 2016 7:35am
75 Views
Post# 24457011

RE:RE:RE:RE:RE:RE:RE:Very, Very Lucrative, No Brainer. Patience..

RE:RE:RE:RE:RE:RE:RE:Very, Very Lucrative, No Brainer. Patience..I think that $0.15 by March is a little aggressive. Previously, PYD was able to trade on future speculation, however when management doesn't meet its own projections, the market starts to look at them with a "show me" attitude. This is fair in my mind. 

We won't see the financials for Q4/year end until likely April 30th, at which time we will get an understanding of how they are trending for fiscal 2016. Then Q1 isn't due until June 30th. I suspect that if they are on track for their earnings, you will see the share price start to appreciate during this time as IR for PYD will be likely promoting the company to institutional investors, letting them know that they are on track to meet their targets. 

It would be during this time that I would expect to see PYD climb above $0.10 and keep a steady rise through to the end of the year. I expect we'll cap out around $0,20 - $0.25 if they meet targets, unless they do something signifcant. 

Mind you, if they start producing profits as projected and their shareprice stays low, I would expect someone to come along and do a takeout bid. 

VeeP


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