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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

Comment by malx1on Oct 06, 2022 9:45pm
75 Views
Post# 35011277

RE:RE:RE:RE:RE:RE:RE:Dividends lol

RE:RE:RE:RE:RE:RE:RE:Dividends lol
anjz661 wrote: It would build great investor relations to have some form of an increase annually.  This yield is a very good starting point.


I think the company is just looking to reduce debt and grab cheap shares prior to hiking the payout to us greedy shareholders. The divided could be increased to $0.72/yr, or $0.06/mo, and hit a 80% payout ratio once debt is at $50mm and share price is $10-12. No sense increasing dividend until shares reach fair value above $10. So let the NCIB run its course putting fcf to best use, we can all celebrate the hike to $0.72 when BOD and management feel ready. Time will come, going to be 9-15mo like I said earlier. Ride it out with me and Kasking, will be with the wait. And Kasking is buying beers after another 5-figure slot win in 2023.
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