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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

Post by Wangotango67on Mar 17, 2016 6:17pm
60 Views
Post# 24672548

Profit and debt - long term contracts should be included ?

Profit and debt - long term contracts should be included ?If we must talk about such stuff....

To be fair - should we not give accolades to the total length of each contract and the expected EBITDA's attached to each one - and also apply each debt - to each contract - each singular debt to each contract and life of contract... ? 

We know Tonkawa has about a 7 year contract and Itngeity's slot machines I haven't a clue how long of a duration under contract - and as for the lucky casino - and how about windy hill - and then of course all the sales of the casino supply division ....

so if Tonkawa can generate about 5- 6 million per year x 7 years = 35 - 42 million for entire contract based on a projected averaging.

yes I'm a newbie and yes it would be nice to have someone step forward with a post and break it down for us - to include the dynamics of debt attached to each contract and then break  it down over length of contract - and then arrive at something that makes more sense for the average trader...

otherwise mentioning the debt as a stand alone and dismissing the long term contract residuals I find a tad unfair.... Would I be correct or ?

cheers !
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