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



TSXV:NYX.DB - Post by User

Comment by JoeSavageon Sep 08, 2017 3:32am
112 Views
Post# 26670296

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Let's organize, contact mgmt, then media - my # of shares

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Let's organize, contact mgmt, then media - my # of shares
Interesting theory about Davey deliberately keeping SP low. Reasons for developing a new platform could be complaints from clients or difficulties when selling/integrating the platform in it's current state, perhaps it's also too expensive to support due to old/bad code? When was the current platform developed? What I fail to see is, why pay off and restructure debt if you're trying to sink the SP? This is actually the reason i'm investing in this long term, Davey is showing signs of controlling cost. It's a weak sign but a sign nonetheless. If you're trying to keep SP low, make some bad investments. Hire even more than you're doing now. It's not criminal to be a poor businessman. Seems to me, most decisions and deals made have driven revenues, +70% yoy is really good. As you said yourself, you're seeing a potential turn in the negative trend, could it be Q3 will show very strong earnings and he can "afford" to keep investing? Swedish Betsson SP has gone down more than 50% in less than 2 years. The market punished them for not growing while competitors popped up eveywhere. That CEO probably focused on keeping costs down. Thanks for your posts, enjoy reading them.
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