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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 > 83,200 Shares Bought Back in June
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Post by cpeczek on Jul 07, 2021 5:48pm

83,200 Shares Bought Back in June

Unless this is a misfiling, this must be a record! Shows that they really believe in the company and maybe they had more money coming in from the partial reopening.
Comment by BarstoolSage on Jul 08, 2021 10:20am
Possibly...could also be because they were never "cash strapped" and paid it out of that pool...confident the cash would come in subsequent months. In either and any case, this is good for us. Well not for Mr Shorty who registered the other day to tell us it was err Gamehost over for us
Comment by nukester on Jul 08, 2021 1:26pm
Effect of one year of Covid pandemic on Gamehost debt and outstanding share count. Annual comparison of total debt vs. outstanding shares: Q1 2020 vs Q1 2021 *** Note: Does not include buybacks in Q2 2021*** Q1/ 2020      Outstanding debt: 40.8 million        Outstanding shares: 24.1 million Q1/ 2021      Outstanding debt: 41.3 million  ...more  
Comment by malx1 on Jul 08, 2021 1:36pm
cp, Thanks for posting NCIB figures for June! There were a few blocks of shares around 20k that were crossed last month.  Numbers look accurate. Bigger picture: borrow at 2% (pre-tax) to retire shares that cost the company about 7% (after-tax) to carry.  That's an exceptionally clever investment.  If the market wants to sell shares down to firesale valuation, then company ...more  
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