Gamehost Inc T.GH

Lots of 8's and a few 9's - The EBITDA party Q4 2023

[malx1]

Will we crack $10mm EBITDA in Q4?

There's a whole herd of new shareholders over at the Motley Fool who are asking...


It's a pretty big deal, for sure.

TheBridge may need to start a line of credit at the Deerfoot!

[nukester]

Time will tell :-)

[nukester]

Will the trend be our friend :-) [img] upload pic [/img]

[malx1]

Nukester, your top-secret GH charts are appreciated. Feels more like 2004 than it does 2024. Hopefully no Credit Crisis 2.0 $78 oil and we are in a recession, going to be interesting when demand growth shows up to the party while shale fields have plateaued. REAL Interesting.................................. They say that Kasking loses on purpose sometimes, it's one of his famous Poker

[BarstoolSage]

Thanks Nukester.....on a high level, perfectly reflective of rebounding earnings, share buybacks, and the resultant increase in eps...so 2024 looks like ending on @72 cents per share

[malx1]

Sage EPS could be $1.00 for 2023 2024 even better! Distributable cash per share 2024 could be north of $1.10 Stock is currently at very inexpensive valuation.   Probably why company is content to keep up NCIB. This is the slow march to Kasking's expected $300mm market cap, and more to go from there.

[malx1]

Plenty of upside from here, not much downside. Downside maybe $1.50 / Upside around $4.50 A reasonable case can be made for $13.50-14.50 share price. Kasking, our dividend guy, he knows the company is setting up for another increase in Q2 2025. Commodity prices will be the wind in our sails.   Might even guide us through recession unscathed!

[BarstoolSage]

YUK YUL...colour blind....followed the wrong line...yes, I agree, north of $1.00 if we simply extrapolate

[malx1]

Sage - the old EPS estimates for 2023 were around $0.82.    If we hit that $1 mark, shows why this is a $14 stock that nobody yet knows about.   Some say we may get added to the highly-regarded S&P/TSX Hen's Teeth 10 index.     

[BarstoolSage]

Ah yes, the S&P Rare-as index is an err  exclusive club

[malx1]

To reach the $1 EPS mountain elevation is a heck of an accomplishment, especially after everything the company faced the past two decades.     Lotta management teams would have given up long ago, put the old horse out to pasture.   (hint:  Great CDN Gaming) I'm feverish for hen's teeth these days, can't get enough of them.  

[nukester]

Made a couple additions to my original chart: Total debt:    To better understand health of company. Cost of Goods Sold:  To help visualize operating revenue outpacing COGS inflation. This chart shown below, will hence forth be called the "Nukester Standard View" In a future post I will introduce the "Nukester Divvy Sniffer View" A simple barchart used to

[nukester]

As promised ... The "Nukester Divvy Sniffer View" It aint much, but it is free :-)

[malx1]

Looking good, sir. Forward 12mo Debt / EBITDA maybe 1.3-1.4x. Maybe on its way to 1.0x!! Hurry up and wait for end of recession.   Alberta O&G will eventually get busy, busy, busy. Wage growth, consumer spending, job creation. Good things for GH gang.