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"Tangelo Games Corp is engaged in developing and selling social casino games. The company primarily designs, develops and distributes social casino-themed games within online social networks such as Facebook, Mobile platforms, Portal and other. It derives revenue through the in-game sale of virtual coins most of it is accounted through Facebook."

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Tangelo Games Corp. > Cantor rates LAB a buy, $0.50 target

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Post by lscfa on Nov 17, 2015 9:15pm

Cantor rates LAB a buy, $0.50 target

IMPERUS Technologies Corp Given a C$0.50 Price Target by Cantor Fitzgerald Analysts (LAB)

November 17th, 2015 • 0 comments • Filed Under • by ABMN Staff

IMPERUS Technologies Corp (TSE:LAB) has been assigned a C$0.50 price target by analysts at Cantor Fitzgerald in a note issued to investors on Tuesday, Market Beat.com reports. The firm presently has a a “buy” ratingon the stock.

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Comment by Champ87 on Nov 18, 2015 1:59am

Our first analyst! The word is spreading. And a good article in Cantech Letter...can't wait for the cc.

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Comment by Champ87 on Nov 18, 2015 8:46am

Anyone can access the full report?

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Comment by Yo_Dog on Nov 18, 2015 9:18am

This is very interesting. I took a quick look at FUN technologies on wiki and it seems they really did a good job on that one. It was bought out at about $3.50 per share for a total of about $484M, if i understand the article correctly. https://en.wikipedia.org/wiki/FUN_Technologies

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Comment by Champ87 on Nov 18, 2015 11:46am

Grew fast...5 years before the buy out. And also based on acquisition. We already have more users with the Akamon deal (50M I think)...should be FUN to watch if everything works out.

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Comment by GTG5 on Nov 18, 2015 11:53am

https://www.cantorcanada.com/pdfFiles/20151116LAB.pdf $.50 seems conservative

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Comment by lscfa on Nov 18, 2015 12:02pm

Cantor is estimating 2016 ebitda of $15.6 million whereas mgmt has reiterated it will be $25 to $30 million. Hope Cantor is wrong.

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Comment by lscfa on Nov 18, 2015 12:07pm

Cantor: "If LAB can hit company guidance in 2016, we see our TP going to the $0.75 - $1.00 level."

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Comment by Champ87 on Nov 18, 2015 12:12pm

Tks for posting GT!

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Comment by Bangkokboy on Nov 18, 2015 12:26pm

That's a nice write up. I've even followed Mr. Garcea on some other plays. Yes, very conservative, which bodes well with me, but there was mention that this can be moved upwards of a buck. Cannot wait for the CC and other announcements. See guys, Mr. Lanthier has a winning track record and he's already made some strategic changes that was absent from before ...more

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