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

Don't blame management and glad some earned profits

[stocksnbonds]

Made a bit of money but still not happy with the result of the selling. 
It did not have to get to this point. We did not need to sell if there was better management. 
I honestly wonder why Davey did decide to sell. What a fool !!

For someone who has one of the largest positions, he missed out on a boatload more if he was able to turn the ship around. My feeling is SG will strip out the crappy parts and sell. Let go of some employees and merge the new units into their operations. 

Something NYX should have done. NYX was always too fat. Davey could not make the touch decisions to sell. Now, reduction of HR staff, get rid of high priced management and lawyer.

I'll go into SG. Good company and now, they have a wonderful jewel in the NYX casino and OB to merge into operations. Still like the online gaming space. It's just that the Y/Y, Q/Q growth will nopt be as pronounced. Forget about the 10 bagger potential !

Looking forward to SG buying out NYX, stripping out the unnecessary costs and driving future revenues. Say, the acquisition will be accretive. That tells me that the NYX was sold at a bargain unlike every single NYX purchase. 

Looking forward to being a shareholder of SG. They also have a really good Asian reach. 

Good luck all !  Still in TSGI and ITX. 

Online gaming is a booming industry. I still wish to be a part of it. 

sb