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Gamehost Inc T.GH

Alternate Symbol(s):  GHIFF

Consumer Cyclical Resorts & Casinos
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

Gamehost Inc > 33,500 shares bought back and cancelled in April, 2021
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Comment by malx1on May 06, 2021 2:12pm
70 Views
Post# 33142107

RE:33,500 shares bought back and cancelled in April, 2021

RE:33,500 shares bought back and cancelled in April, 2021
Does make sense.

Doors closed, income investors have fled for the hills, share price down. 

Buying shares back today means fewer will remain when operations open up.

The magnifier of per share metrics.

Debt will be up but company can focus on debt reduction when share price recovers.
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