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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 Mar 07, 2024 3:26pm
47 Views
Post# 35921209

RE:RE:NCIB is active - No sellers

RE:RE:NCIB is active - No sellers
TheBridge wrote: Malx1, I think that  your headline here was a little misleading. You've already convinced me that kasking will make his shares available around the $17 mark. That would certainly increase the volume.



This will be a 20yr battle with Kasking end of 2024.

He's overcharged me for shares almost two decades.

Every time I have a pair of Queens, he has a pair of Aces.


He wins most of the time.

Only way I make the money back is monthly dividends and share price appreciation.


Should this Oil & Gas boom have an extended run, and we don't fall into any unforeseen, deep recession in Alberta and in the US, Kasking will likely get a chance to prune his apple tree near the $17 mark - that's not an unreasonable to project a $350mm market cap for Gamehost down the road.

Above that mark, it will take some bullish bets from big money to move GH from $350mm to $450mm.

I'd like to see a market cap above $400mm, we all would.   

There is a path to a very valuable share price, and I think we are on it.   Every Quarter that rolls by we find more clues to the strategy of Management & BOD.   They are making very good choices for ALL of us shareholders, on a one-for-one basis, we are all equal participants.


Say if TheBridge picks up the Food & Beverage tab for the AGM at $10/sh price target, I wonder if he would bankroll Kasking's WSOP seat should we ever hit that $20/sh mark........................................


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