RE:RE:RE:RE:RE:More Targetssjc444 - Below are the "catalysts" from the Desjardins report. And if anyone is a client of BMO or Eight Capital, perhaps they can post those reports as well. GLTA
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*management had already announced that the updated guidance would include the initial investment required for U.S. betting operations....we believe the current share price attributes no value to this opportunity even though the company has expertise in the betting segment.
* "While leverage remains elevated, we believe TSGI's FCF generation (11-per-cent FCF yield) is strong and, barring any M&A, leverage should decline meaningfully over the next few quarters."
* "Also, our valuation method is not aggressive, and we do not include a long-term value for the U.S. betting venture, but we do include costs related to these operations over our forecast horizon. Moreover, management's commitment to debt reduction provides us with more confidence in TSGI's prospects.