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NorthStar Gaming Holdings Inc. V.BET

Alternate Symbol(s):  NSBBF

NorthStar proudly owns and operates NorthStar Bets, a made-in-Ontario casino and sportsbook gaming platform that provides players with a uniquely local, premier user experience. The NorthStar Bets sportsbook provides real-time news, stats, analysis and scores directly in the betting environment along with the most popular online casino games.


TSXV:BET - Post by User

Comment by ScarletSpideron Apr 26, 2024 12:24pm
23 Views
Post# 36009634

RE:RE:RE:RE:RE:Northstar Has Entered into a Short Term Financing

RE:RE:RE:RE:RE:Northstar Has Entered into a Short Term FinancingI fully agree and why if one is just holding long term not trading to just keep holding possibly add because it is too cheap and will consolidate at higher prices. The sub .05 have been wiped out fair to think although anything is possible. O suspect the sub .10 is going to fall extremely soon like i said no reason for it to be less than .1165 and this news isnt actually detrimental to it at all but figuring out the proper value is not easy although at the end of the day two factors play in bottom line and perceived value all of which intalked about in bad economies it is faulty to hamner all stocks down in an overgeneralized way the bottom line needs to be looked at always and if people constantly perceive lower value buy up and hold thats what i would do. 

This stock is growing needed monies to fuel the growth. Now if people are making money stratehically trading congrats so far i have had the intent $1 plus and not to moveva share until then although i said what i did i will wait this year out or $1 whichever comes first next year yeah it do expect a dollar plus if it lags as it has then i will do what i said and shares will be on the table if it makes sense to use them whether trading within or betweem. I have allocated to use no more than 13,000 shares of my 43,000 9,000 at no less than $1 4000 i will be very cautious with i will really need to feel i can do way better elsewhere. 

Cheap and way too good of potential because of being cheap plus the strong growth. I do see minimum SGHC value within 3 years up to including 2026 years end...so the rest of this year and all of 2025 2026...now here is what i see

Either a low dollars buy out before $1 to $2 as Playtech i am sure must have now more than 25 percent shares so again depends what they do actually thats the worst case. Best case this challenges companies at the $15 price point but i think it will not likely become Draft Kings or MGM Resort the $15 is is Penn Entertainment and of course i mentioned SGHC $3 20 ish so really there is no real lose under .10 depending how the year goes i have said .20 to .70 again i am firm on this.

I think EBITDA positive within this year is possible but may be a bit aggrssive still possible even if in December because that has given the company 8 quarters when including all 2023 that is why i am cautioning not to look at the price suffering due to interest rates all stocks have and continue this by the very base number deserves better than now less than 15 million. .10 is a valuation of 19.3 million roughly i am valuing at 22.5 million if not even at 20.5 million that is still more than .10. I did not dig deeply into what the finances actually are but with explosive growth healthy gross margins as they are and an ongoing drop in per capita client gain i dont believe it is unreasonable for EBITDA to be reached and cash flow positive even if at times EBITDA negative i have seen companies still say cash flow positive which i am taking they are stating free cash flow which they can manage their burn and share structure with minimal dilution through the year. 

All this is hard to put prices on but the prices will consolidate not only here but as well as continously as prices moves up there are always a trading range and level of resistence walls to pull down thats just stocks. Lets see where things actually go i have weighed in as a lay person my opinion and mindset just have a plan on what you want to do with your shares and better to stick to it as i found myself more successful than when i had than not. I also find better to trade some shares frequently then just buy and hold but i have not done that and will look to in the coming yearvwith this stock if it makes sense especially in the amount i consider to use which is usually 1000 shares so i dont want to trade out less than about .20 minimum on 1000 shares than buy in companies equal or half the price that can move faster than where i trade out here but i still hold the bulk of my shares 30k low core is the plan at the very least. While i have been crowung no point this still hasnt done anything i would have preferred but in its time it will and i am folliwing what i am so it is what it is be as it may as to where the chips fall one thing for sure we dont need to worry about bankruptcy or money given it looks safe to say Playtech will have its hands here. When the issue of buyout comes it is inevitable given i am in at .0636 average and if at a buck i will not likely say no despite what i want but i dont think any buy out will be less than $2 to $3 so lets put it this way i am not concerned about this stock providing Playtechs hands remain here...this will be a buck plus worst case as far as i see it and that too it should hit that sometimes next year just my opinion lay person but lets see.
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