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



TSXV:NYX.DB - Post by User

Comment by stocksnbondson Jun 28, 2017 10:29pm
167 Views
Post# 26417287

RE:RE:RE:RE:RE:NYX is looking for 50+ employees

RE:RE:RE:RE:RE:NYX is looking for 50+ employeesbohikam, as I said to you once before, you cannot "will" a stockprice to go up. What kind of c rap did you just post?


The fact that NYX is looking to hire so many for the next generation is concerning. 
I'd be fine with it as long as they cut elsewhere. Have we seen evidence of cuts ? No,  just the opposite. 

The last 2 quarters, we've seen is a levelling off of costs and an increase in organic revenues. If costs are not contained, how does NYX pay off its debt? Please don't give me garbage about the 5MM they save. That's only because they got a deal on a slightly lower interest rate which we still don't know about. The deal has not closed yet. The 5MM will not go to the bottom line. It will be used up as a piggy bank. Mark my words.  

So far, they have 1200+ employees. NYX usually posts 1000+ in their PRs. Every once in awhile you see 1200 +. That's alot for a firm barely breaking even despite being a revenue cash cow. People can put their heads in the ground and "one star" my posts all they want. The fact is this company was bleeding money. It still may be if they have not cut positions elsewhere.  

I want to see a few things to make an informed decision on this P O S stock.
It's not transparent and tougher to make a sound judgement. 

1) most current debt levels
2) employee #s
3) interest rates and expense
4) cash on hand

This is in addition to the regular margin (EBITDA) and cashflow numbers. 

How many of you all here knew about this new hiring for the new sportsbook? 
Hey, if it's such a great idea, why not issue a proper PR across traditional media PR sources?
Why do we as investors always need to dig rather than have a transparent company?

Getting fed up........
For those of you who are thinking "then sell and stop whining......."
Be careful with your money as well. I thought this company was something it is not. 
Forthright and transparent it is not. Watch your wallets as this firm has cost me and many here a bundle. For the most recent investors, I honestly believed the corner was turned. Wrong again, just as I was believing in this company and in Matt Davey. 

How's that for one star?  

sb

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