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



TSXV:NYX.DB - Post by User

Comment by jammo71on Nov 23, 2016 7:22am
141 Views
Post# 25500519

RE:Nice 11% Pop at the end of the day!

RE:Nice 11% Pop at the end of the day!
JohnnyUtah16 wrote: Good job to those that held on. A lot of weak hands gave up this week. The market over reacted on this one and the fundamentals are still pretty good. They just need to let go of some staff and tighten up the expenses to righten the ship! I think each quarter will show some improvements which wil raise this stock out of the gutter and back on track. I'm still optimistic about NYX!


I just looked at the revised financials, and it still shows NYX trading at less than 3x Adjusted Earnings.

Revenues were up handsomely, but I guess people are worried that they won't be able to figure out how to get rid of excess staff? I'd rather have that problem than the right amount of staff and falling revenues...
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