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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

Comment by solarman2013on Oct 02, 2019 11:07am
217 Views
Post# 30187147

RE:RE:RE:RE:RE:RE:Not selling until London closes...

RE:RE:RE:RE:RE:RE:Not selling until London closes...No, I am now going to hold because we are finally:

1. On the right stock exchange where valuations are 33X EPS vs the stupid rate we are currently valued at. 33X our current EPS would have us valued at $66USD. Do that math and let it sink in...
2. We are now led by a market-savvy CEO.
3. We are aligned with Fan Duel which will only add to our casino and poker cross-selling potential.
4. We have not yet fully realized synergies with SKY and here they go announcing double the synergies of the past deal.
5. The US market has only just begun to grow.

This is a great deal all around and necessary due to the regulatory headwinds. This is the right time to consolidate and reduce global costs including a more market savvy CEO and CFO. Notice that there seems to be no place for our current CFO on the new team.
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