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