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Bullboard - Stock Discussion Forum Seven Aces Limited - Ordinary Shares ACEXF

Seven Aces Ltd is a gaming company with a vision of building a diversified portfolio of gaming operations. The corporation looks to enhance shareholder value by growing organically and through acquisitions. Currently, the corporation is the route operator of skill-based gaming machines in the State of Georgia, United States of America.

GREY:ACEXF - Post Discussion

View:
Post by JamJam123 on Dec 19, 2016 11:55am

Do the math

LBI´s net income pre tax is$7,600,000/year according to NR Quantum August 18th. They own 51% of LBI so their part of the net income pre tax is $3,876,000/year. Interest rate 16 % is $1,760,000/year. So Income before everything else 2 million us outstanding share 90 mil makes 2.5 cents us income per yr per share
Comment by lscfa on Jan 11, 2017 12:29pm
Looks like there is 155 million shs. o/s and the profits from the gaming business will not offset the losses from the healthcare business.... Quantum International Income Corp. ( QIC )   ---- Navigation Options -----Quantum International Income Corp.    (QIC)-       ...more  
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