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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 > Interesting Observation
View:
Post by TheBridge on Aug 03, 2023 11:11pm

Interesting Observation

This evening Bloomberg's "Evening Briefing" included some interesting US economic activity that relates to the market and might be reflected in ours. The article included the following.
'Another day brings another wave of mea culpas over the US recession that never happened. Indeed, there are increasing signs that CEOs don't think a downturn will strike anytime soon. Across the country, they are opting to reinvest more of their profits in expansion projects rather than handing the money back to shareholders. New data shows the average company pushed up capital expenditures by 15% in the second quarter and buybacks among corporate clients have been tracking below seasonal trends since May. This after Bank of America joined the party and reversed its recession call.'
Doesn't fit GH's situation but if that is a trend it could have some impact on us down the road and it could very well be a positive impact.

Comment by malx1 on Aug 04, 2023 5:25pm
Bridge, Plenty of chatter in the news.  Recession is inevitable. How long and how severe, that will depend on many other variables. How is GH positioned for recession? That will depend on our personal economic outlook for AB and commodity pricing. Oil Bull is Here What we see today is something very unusual. We don't normally see energy prices rallying while ecnonomy expects ...more  
Comment by nukester on Aug 04, 2023 11:07pm
"Big news is really Russia and Saudi Arabia adhering to their oil production cuts, even warning of deeper cuts if warranted." Good news indeed for oil bulls, but even bigger news is the fact that the U.S. and NATO vassals have been defeated in Ukraine.  The United States best equipment, most experienced contractors, standardized battle plans have been proven out dated and useless ...more  
Comment by cpeczek on Aug 05, 2023 10:45pm
Sorry to go off GH (still monitoring to see if any shares get bought) but I have a question for you Nukester. What do you think will happen in Ukraine? Do you think Russia will capture Kyiv and annex the whole country or make a puppet regime, lockdown and keep what they have without taking the rest of the 4 regions they annexed (because they don't fully control any of the fourth regions at ...more  
Comment by nukester on Aug 06, 2023 4:50pm
Not really off topic from Gamehost as much as you might think IMO. A MASSIVE macro event that effects every investor happened when the Biden administration fumbled the geo-political football in Ukraine.  When the Biden / U.S. deep state drove Russia into the arms of China the world literally changed overnight. Now the worlds greatest source of raw materials (Russia) is married to the worlds ...more  
Comment by malx1 on Aug 06, 2023 9:50pm
Thanks for sharing your opinion.     For reader's context, Mr Nukester is an American.     He knows more than what the Canadian media permits rest of us to digest.  
Comment by cpeczek on Aug 06, 2023 9:55pm
Thats the beauty of the internet. You can read whatever you want to. I can go to RT and read what they are saying then I can go to the Kyiv Post. 
Comment by nukester on Aug 06, 2023 11:41pm
Funny thing is you can actually find great content on the most censored of platforms occasionally. YouTube For example: One of the most censored platforms on planet earth for anybody researching covid commentary. When it comes to the Ukraine conflict, the algos are not finely tuned (Yet) Take this commentary yesterday from Col. Douglas Macgregor (US Army, West Point Graduate, Top Defense ...more  
Comment by cpeczek on Aug 06, 2023 9:52pm
Thanks for sharing your viewpoint. Appreciate it! 
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