Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Seven Aces Limited - Ordinary Shares ACEXF

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

Comment by Wonderwonon Jul 06, 2017 10:48am
157 Views
Post# 26439427

RE:RE:RE:RE:going to 2$

RE:RE:RE:RE:going to 2$They have yet to make one cent profit, so $20mm is a stretch...do some research on Pinetree and Sheldon Inwentash to see how this one ends (spoiler: bankrupt).  A lot of people got burned on Pinetree.  How about instead of loading up on cheap stock and options he participates at current levels without doing a check swap.  Why isn't anyone questioning why LBI profitability has decreased so much since Quantum took over.  LBI netted $8.5mm (85%) on $10mm revenue and now LBI did $3mm profit (60% before interest) on $5mm revenue (note company is reporting gross now instead of net which is a whole other issue).  That is a decrease in profit from 85% to 60% and this doesn't even include head office costs!  I would love an explanation!
<< Previous
Bullboard Posts
Next >>