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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 Jun 06, 2024 11:16am
41 Views
Post# 36075322

RE:RE:When the fish aren't biting, the Whales play....

RE:RE:When the fish aren't biting, the Whales play....Wise Sage, we know of a business that is generating more than $2mm excess capital each quarter.

Team here plan in advance, they have daily tallies of income and expenses.

If consumer remains resilient, yes, the buyer was likely GH.



It's a darn good Financial Plan.

The old Value Capture.

Buy $2,100,000 of your own assets for the 'market cost' of $1,552,500 plus some minor friction costs of commission and govt's 2% pound of flesh.

Put the $500,000 difference in GH's back pocket for later.  Delta Capture.

Oh, and best part, retired shares means existing shareholders now enjoy larger piece of the blackberry pie.

Who doesn't love pie?
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