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Bullboard - Stock Discussion Forum 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... see more

TSX:GH - Post Discussion

Gamehost Inc > Dividend
View:
Post by cpeczek on Apr 15, 2021 9:38am

Dividend

Do you guys think they will return the dividend to the full pre-pandemic amount after all restrictions are lifted or do you anticipate a bit of a reduction?
Comment by TheBridge on Apr 15, 2021 10:51am
IMO. Do you not think that it would be wise for them to return it in steps as they start returning to normal and have their feet under them. They will likely ensure that all the parts are working and in step, it's a bit like learning how to walk again, thus it's not wise to breakout into a run until you're certain that you're ready.
Comment by malx1 on Apr 15, 2021 12:05pm
Great question.  Probably 100's of people wondering the same thing. Would guess that board of directors wants to see 3-6 months of profitability before re-instating the dividend. Amount of dividend will depend on what the new "normalized" profitability levels. Would not be shocked to see $0.02 - 0.03 monthly at first.  Then a gradual walk-up as operations permit.  ...more  
Comment by TheBridge on Apr 15, 2021 6:24pm
Great analysis Malx1. Just feel a little sorry for Kenny, trying to run things on as even of a keel as possible while some of his Wildrose and Reformer MLAs don't want to wait for the Saloons to open up and pretend that everything is absolutely normal at the moment. All levels of government are having a tough time as everyone wants things to return to normal right now. I'm still waiting ...more  
Comment by malx1 on Mar 08, 2022 10:27pm
From 11 months ago... A little early to the party but we made it. Happy for all you shareholders. Better days ahead. Hold the line! This is value-investing at its finest.  Gap-up tomorrow, probably $1+
Comment by BarstoolSage on Apr 15, 2021 4:04pm
Been buying on the assumption we will not be seeing dividends for some time after reopening ....we will see a lift in SP first when it opens...then again as we get back into shape So I'm banking on an initial capital gain...then say 6 months after opening, we will see dividends.
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