Gamehost Inc T.GH

Alternate Symbol(s): GHIFF

Healthcare Cannabis

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.

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Gamehost Inc > Privatization through "insider bid" NOT LIKELY for GH

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Comment by BarstoolSageon Dec 22, 2022 4:41pm

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Post# 35188065

RE:RE:RE:RE:RE:Privatization through "insider bid" NOT LIKELY for GH

Well we'll both be here and I'll take your lead

malx1 wrote:
BarstoolSage wrote: I'm in the camp that it's within the realm of possibility and unknowable in intent on the part of the insiders, but given their history with the company and discussions here for the moment unlikely.

Still we talked about the rate of insider accumulation with the share cancellations so that it will become likelier as they year by year downtheroadforawhiletowardforward which is more of a mathematical position and argument than what will actually happen

As for what comes, I am happy holding until then and taking in dividends monthly and I like what I'm hearing about an increase in the dividend in 23. I hope the trajectory toward that happening continues.

Should someone want to buy us out, say a pension fund....well I guess we'll face that when it comes. Aggressive preventative measures...poison pill.... are possible but there are all kinds of reasons not to worry

Oh and until we get our divvy back I wholeheartedly endorse sharebuybacks

Malx1, cpeczek, Bridge, TLV et all, thanks for being the smartest Stockhouse board with what you all contribute here. And a specials shout out to Kasking for being inside eyes into our facilities.

Happy holidays and onward to 23

Significance in the number 21...

Would not be open to discussing takeover unless someone or some group wants to offer 21x the company's 12-month-forward free cash flow, which I believe can hit a rate of $21mm within the next few years under normal operating conditions.

Anyone complaining about declining share count will then finally realize that as shares melt away, that $21mm free cash flow figure gives ALL remaining shareholders a nice boost to takeover price.

Blackjack. Game over.

Otherwise, they will have to pry the share certs from my fists.

If my Tourettes were to flare up, I'm not legally responsible for what happens to the bidder.