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Gamehost Inc T.GH

Alternate Symbol(s):  GHIFF

Gamehost Inc. is a Canada-based company operating hospitality & gaming properties in Alberta. The Company's operations include the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels as well as a strip mall all located in Grande Prairie, and the Deerfoot Inn & Casino Inc. in Calgary. The Company's segments include Gaming, Hotel, and Food and Beverage. The Gaming segment includes three casinos offering slot machines, electronic gaming tables, video lottery terminals (VLT), lottery ticket kiosks and table games. The Hotel segment includes three hotels catering to mid-range clients. Its hotel operations include full and limited-service hotels, and banquet and convention services. The Food and Beverage segment has operations that are located within the casinos and hotels as a complement to those segments. Its gaming operations are controlled by Alberta Gaming, Liquor and Cannabis Commission.


TSX:GH - Post by User

Bullboard Posts
Post by BarstoolSageon Jun 26, 2020 5:09pm
197 Views
Post# 31197238

managed to add today

managed to add todayPicked up 1000 today at 6.19 and I'm pretty happy. Gives me 3 thousand of these beautiful monthly yielding babies.and I think I'm buying good coming yield at a good price.

Bought 2 thousand a while back at $8.35 that was doing everything I wanted until Covid hit and closed the casinos

I was redeploying out of NTAR profits which has been a good call for me. In the last three days I've picked up close to 3000 Chemtrade selling on NTAR. profits and now today 1000 GH

I like GH as a small casino, meals and lodging operator. It is well run. Since Covid it has also repurchased lots of its shares for $4.44 according to May 12 NR, taking 270,451 shares out of  24 million out of circulation. About 1% which is not nothing

The properties I see, the Grande Prairie Great Northern casino & adjacent Service Plus Inns & Suites, The Boomtown Casino in Ft McMurray which by now everyone has heard of, and Calgary's Deerfoot Inn & Casino, are well run and look good. I understand that David and Darcy Will are long time owners and insiders which means experience is at the helm. And it shows in the financial statements in terms of key metrics like debt and leverage. GH has lots of resources to ride out Covid 

All in all I think my 23k investment in 3000 GH shares is going to work out for me













 
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