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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.


TSX:GH - Post by User

Gamehost Inc > No buybacks in June.
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Comment by nukesteron Jul 19, 2023 9:38pm
71 Views
Post# 35549093

RE:No buybacks in June.

RE:No buybacks in June.Interest on the revolver and a couple of their term loans was 6.7% back in Q1.
Divvy is 3.9%
Short term, paying down highest rate debt seems most effecient use of excess cash IMO.
I am sure TLV and Malx will disagree.
Has a slightly bearish overtone IMO.
Would love to be wrong here :-)



Cheers,
Nukester

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