Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Thoughts on the results?
View:
Post by cpeczek on Aug 11, 2021 9:47am

Thoughts on the results?

Anyone have any thoughts on the results? The next one is obviously going to be the big one but I think we can assume a big uptick in sales in the last few weeks of that quarter by comparing to last years.
Comment by TheBridge on Aug 11, 2021 9:57am
I'm pleased with the results considering the the conditions under which we have been operating in Alberta and with the renovations taking place. It's providing an extra opportunity to add even more shares at an attractive price. Once we're able to get a quarter of operating at full or close to full capacity we should be reaching the kasking $10 crescendo and a serious considertaion of ...more  
Comment by malx1 on Aug 11, 2021 1:11pm
Let's face it man you are addicted to buying GH shares, and I don't blame you! Looking forward to the Kasking $10 target.
Comment by malx1 on Aug 11, 2021 12:17pm
A bundle of positives with covids being the rotten apple.  133 people hospitalized currently.  Day-over-day trending down. Every month that goes by with no dividend saves the company $1.1-1.2mm. If lenders are doing annual diligence review at year-end, and doors of 3 casinos remain open to year-end with renovations complete, would not be surprised to see some form of dividend in Q1 ...more  
Comment by Farmer9 on Aug 15, 2021 10:58pm
The tone I deciphered is that any dividends are a LONG time from happening.
Comment by cpeczek on Aug 16, 2021 9:46am
I took that the same way. I would rather they continue the buybacks while the shares are depressed. It is better in the long run.
Comment by malx1 on Aug 16, 2021 1:24pm
Company aims to carry debt limit of 2x trailing ebitda.  Normalized ebitda was around $24mm prior pandemic.  Total debt was $50mm at end of Q2 2021.  Let's say debt is $52mm at end of Q3 2021. If total debt target is about $48mm, company could be there in 4 months. Maybe we all read management's outlook differently but what I'm seeing in the language and debt levels ...more  
Comment by cpeczek on Aug 16, 2021 2:40pm
I absolutely agree. This is a case of us having different interpretations of long time. I thought the previous poster meant not for the next 2-3 months at least. I think that management is taking the approach to capitalize on share buybacks and to ensure that there is no surprise lockdowns. That should be evident by Christmas.
Comment by TheBridge on Aug 17, 2021 12:42pm
I for one, really enjoy and value the feedback that you posters have provided, it's great to see many more taking part in the discussions on this board. I'm planning on being at the opening of the Wild Horse Pub at the Deerfoot Casino in 2 -3 weeks where I plan to do an indepth analysis of what I have learned here, adding my own inputs and then relying on the aid of a Budiweiser to do the ...more  
Comment by malx1 on Aug 17, 2021 2:49pm
Back when this company was an income trust on the dusty venture exchange, December was the month of 'bonus' distribution announcements.  Let's call it Kasking's Christmas giveaways. Nov-Dec of 2021, the Q3 financials will provide some insight into debt levels, cash flows, consumer spending etc.  Alberta has taken the contrarian approach to herd immunity - let the people ...more  
Comment by BarstoolSage on Aug 16, 2021 11:37am
I like what management was saying in the accompanying NR. Results are not unexpected and IMO encouraging because of what GH is doing while waiting to go full steam The share buy back at low 6 levels...the property and gaming investments, restaurant and lodgings improvements...that bodes well for the future re establishment of dividends If I have to wait longer, I will be encouraged to buy more ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities