Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by malx1on Mar 16, 2022 2:38pm
101 Views
Post# 34519344

RE:RE:$8 GH after upbeat outlook released - inefficient markets

RE:RE:$8 GH after upbeat outlook released - inefficient markets
kasking wrote:
malx1 wrote: In school and endless portfolio theory textbooks, the "profs" and authors drone on about market efficiency and "discounting of news"

The fact that GH is not $12 today is living proof that markets are highly inefficient.  This is why value investors can outperform the index.  If a person is lucky and skilled enough to find 5-10 stocks like gamehost for their portfolio, they will perform in line with the Buffetts of the world.

I've been mumbling about a "gap-up" event in GH's stock on the horizon. 

It's coming.  But for time being, $8 shares means NCIB is running smoothly and the value detectives lurking here can keep buying more.

Hope to see you all at $18+ one day.  It's likely


The BNN crowd will be lining up at Kasking's hideout for blocks of shares...   I'll dig back and find this post and quote it.
 

Malx, our numbers guy, seems to me a few months ago, you suggested
a 3 cent divy could be a start, nice, you were right on..now you are
suggesting BNN crowd would be lining up to buy blocks, of Kasking
shares, nice try, Kasking not selling, till we hit a all time high, then may
consider selling my 100o shares...




After I buy 100 shares from Kasking at $20, I'm retiring as a 'numbers guy'

My broken clock is only correct twice a day.  Graduating to the magic 8-ball.

We've got TLV, Cpeczek and Bridge and Sage all pointing to GH's ability to pay $0.09/mo at future date.

I'd say $0.06/mo is next step, from there, let GH board and CFO decide where best to deploy excess Free Cash Flows.

Dividend could be doubled within 12 months if business gets humming at properties but an increase could be delayed if objective is to get debt down and maybe continue NCIB under $13/sh.

A little buybacks, a little debt reduction, and a $0.72/yr dividend will lead to content shareholders and plenty of recognition on BNN.

"At $17, Gamehost is one of the hottest new stocks we are watching in Alberta!"  I can hear them now... 

Warren Buffett would be proud.

Get em while they are still cheap



<< Previous
Bullboard Posts
Next >>