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

Summer run?

[stocksnbonds]

Usually, the summer is a time when most folks are out of the office and the markets either go sideways or dip a tad. During the last CC, Davey said he does not expect a material drop in revenues. This is great news as most B2C firms do experience a drop. 

NYX is growing steadily. I was one of the folks here very critical of the costs within the firm. I'm still not happy although the firm is in much much better shape. Currently, it ought to be profitable. I'm looking forward to a run of profitable quarters at this point. We've seen the turning point. Most here also see the same.

The share price may dip a tad over the next few months. Nothing is certain. All I do know is that the firm will eventually have its potential realized. If there is an offer to acquire, it will do nothing but increase SP. Perhaps private equity? I doubt WH, AYA, Davey will want the firm sold to someone who they do not want holding their best interests at heart.  They also bought in at much higher levels.

NYX will do well over the next couple of quarters.

sb