INNOVA GAMING GROUP INC T.IGG

Q2: Rev and EPS BEAT Key Metrics All Trending Upwards

[93Darkhorse93]

The bottom is finally in.  Fundamentals have turned the corner finally.  Now everyone can realize how cheap this darn thing is and we can trade appreciably higher.

 

My 3 bogeys for a Good Quarter going in were (LT3 Terminals >2,000, ARPU >29 , WPU >130).  They blew through and passed all three of those key metrics I was looking for coming in at (LT3 Terminals >2,022, ARPU >31, WPU >143).  Sequentially QoQ they have reversed the slide most importantly in the ARPU metric and management stated it is even still running above their expectations which bodes really well for the future.

 

So happy to hear management set the table for another State partnership by the end of 2016 that could accelerate the growth trajectory as they just begin rolling out in New Hampshire in the second half of 2016, you throw another state in there and revenue and EPS growth could accelerate quite quickly.

 

Good Looking Q, my best guess is we trade higher now that we got the ARPU hangover eliminated and reaccelerating nicely.

 

LONG

[STOCKMAN70]

No many companies out there with a lot of cash, low debt, high growth and trading at such a low pe. Even if they make .16c this year and next year will be higher this is a cheap stock.