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Seven Aces Limited - Ordinary Shares ACEXF

Consumer Cyclical Leisure
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 > Any Thoughts?
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Comment by Wonderwonon Mar 20, 2017 11:42am
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Post# 26002195

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Any Thoughts?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Any Thoughts?Ok LBI has no interest and taxes which means earnings is the same as EBITDA, so the multiple was still 3-4x for either number...they just did another deal for $6mm, does this mean the net earnings or EBITDA on this company was $400k to get a multiple of 15x?  No one is using the 15x multiple..this isnt an SP500 company as much as you are hoping it is...
You have to crawl before you ball
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