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 > 25% hike during Depression?? YUP

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Post by malx1on Dec 14, 2024 2:51pm

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Post# 36362582

25% hike during Depression?? YUP

Heavy lifting was completed throughout Pandemic lockdowns; in some circles GH's game plan has been referred to as: Courageous Capital Allocation (CCA)

Capex
Deerfoot consolidation
Debt reduction
NCIB

While peers counted rolls of $5 toilet paper required to crawl out from under Billion Dollar debt loads, GH's contrarian CCA strategy was underway the past 36mo; because of that, business was positioned to deliver pay hike to dedicated shareholders.

Not over yet, just slowing from a gallop to a trot.

Time to get some peppermint into the water trough, keep the herd hydrated this winter.

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