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Seven Aces Limited - Ordinary Shares ACEXF

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Seven Aces Ltd is a gaming company with a vision of building a diversified portfolio of gaming operations. The corporation looks to enhance shareholder value by growing organically and through acquisitions. Currently, the corporation is the route operator of skill-based gaming machines in the State of Georgia, United States of America.


GREY:ACEXF - Post by User

Seven Aces Limited - Ordinary Shares > QIC - $5.1 M US EBITDA is for 6 months only
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Comment by allison5120on Oct 25, 2016 9:58am
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Post# 25381973

RE:RE:QIC - $5.1 M US EBITDA is for 6 months only

RE:RE:QIC - $5.1 M US EBITDA is for 6 months onlyYou are correct. But EBITDA takes that into account ie. Earnings Before Interest Taxes Depreciation and Amortization.  Interest is high on the $11M borrowed but hopefully that will be refinancedi in the future. Bottom line is that this is a phenomenal acqusition when you consider QIC made the acqusitions with effectively no money down. This is reflection of Manu Sekhri (CEO)''s business acumen and skill. Hopefully there will be many more accretive acquisitions.
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