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NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB



TSXV:NYX.DB - Post by User

Comment by GobbleGobbleon Aug 05, 2016 9:07am
100 Views
Post# 25113253

RE:Attention bohikam and gobblegobble

RE:Attention bohikam and gobblegobbleANONYM0US - I have a full-time career as a management consultant so you'll need to give me some time to finish my comparable companies' analysis and also my DCF valuations. I don't just sit down on my computer all day watching this as I'm long the stock with an average share price of $1.88. I've been following this stock for a few years now and saw this as a very attractive opportunity to buy in low on weakness that is mainly due to absent liquidity, the negative view of the gaming space, and also portfolio managers selling to get out of the space. Analysts that work as portfolio managers in the industry say it's cheap as well based on EBITDA/Sales multiples - and those people are much smarter than I in this industry so I think they know best. I have many friends and colleagues that work on Bay street as well and they know better than I if this stock is a buy, sell, or hold. All signs point to a buy at these prices and hold for a year.

Thanks,

Gobble


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