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Amaya Inc. T.TSGI


Primary Symbol: AYA

The Stars Group Inc is an online and mobile gaming company with poker, gaming, and betting product offerings. These products are offered both, directly and indirectly, under-owned or licensed gaming brands, and the company also owns several live poker tour and events brands. The firm's primary sources of revenue are its online gaming businesses. The company has three segments based on geography: International, United Kingdom, and Australia. Stars Group generates the majority of its revenue...


NDAQ:AYA - Post by User

Post by wildhikuon Aug 13, 2018 11:24pm
174 Views
Post# 28454523

I expect an offer is made now

I expect an offer is made nowThe Financial Post reports that there has been lots of takeover action in the Canadian small/mid cap space over the past two weeks. The Post's Peter Hodson writes that we have seen the privatization offer for AGT Food Ingredients, a Brookfield takeover of Enercare, and the near-daily overtures toward Aimia. That got Mr. Hodson thinking about what other takeover candidates are out there. He looked for companies that might be in an acquirer's sights one day, either for valuation or strategic reasons. One potential candidate is The Stars Group. Mr. Hodson says Stars had fortunate timing this year, making a huge acquisition in the sports betting sector just as the United States declared sports betting legal again (more or less). This fortuitous timing has seen the stock rise 46 per cent this year, but that only brings it to 14 times forward earnings. Meanwhile, earnings per share are expected to double this year. The company has been shopped before, but the grey legal area of Internet gambling likely reduced the size of the buyers' pool. Now, it is a world leader in an industry that is opening up around the globe. Mr. Hodson believes the stock either goes up more or it gets bought
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