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Bullboard - Stock Discussion Forum Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."

TSXV:IGAM - Post Discussion

Integrity Gaming Corp. > Tonkawa's contract 600 slot machines = $5-$6 million EBITDA
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Post by Wangotango67 on Nov 20, 2015 1:11pm

Tonkawa's contract 600 slot machines = $5-$6 million EBITDA

PYD NOW HAS - 2400 SLOT MACHINES -  WOW !

So if Tonkawa's contract has 600 deployed machines and fetches = $5 - $6 million EBITDA

- YESTERDAYS NEWS RELEASE -
This NEW  - 150  - slot machine deployment - is a superb placement - and I wonder what these slots will fetch in EBTIDA's.

Do shareholders use an averaging and guess that it will be 25% of Tonkawa's ?

If so - then such contracts with 150 slot machine deployments will rack up the revenues fast -

I've also noticed that there\s several other listed gaming companies use just the EBTIDA's of revenues when stating what they draw in - came across another company last night that only used the revenues in gross numbers - the nitty gritty of the finacials was placed on sedar - so as i keep researching this out - maybe this is a norm only stating EBITDA's ?


- RECAP -  expansions -

PYD Now has - 2400 slot machines - and the best part ?

Most of these - 150 slot machines - are already deployed - this is a huge change in pressing news - meaning - PYD is now securing the contracts and deploying the machines and then - releasing the news -

THIS IS HOW NEWS SHOULD BE PRESSED - WITH EXACTING - DEFINITIVE RESULTS
 ( thank you - thank you )

NO WAITING - NO GUESSING - NEWS THAT IS ALREADY A DONE DEAL -
THANKS PYD TEAM !


Such resent news - placing  150 SLOT MACHINES in another NEWLY OPENED CASINO -  increases the odds of having a good draw of consumers -

Yes... such perfect news - especially before the much anticipated - Q3 -

In fact - I was just reading the Q2 highlights- and also noticed these attributes - which certainly rings true to the news today - HERE IS A QUOTE FROM Q2 - that has come to fruition - with yesterday's news release - Poydras has captured another Casino's with - 150 slot machines - 

" Moving forward we will focus on integrating Integrity's business with our operations and further realizing the benefits of this acquisition, as well as exploring accretive expansion opportunities with new customers and in new markets."

Now that PYD has the Integrity companies secured - i read in the Q2  finacials on PYD's website that Pyd is now recieving better attention from big suppliers and getting noticed in this industry - thats a good sign - PYD  gaining notarary in the gaming industry -

Congrads PYD Team !
Comment by MadmanX on Nov 20, 2015 1:40pm
hmmm I thought that only 120 or so were deployed and the remainder was being deployed in the next 60 days??
Comment by Art35 on Nov 20, 2015 2:59pm
But that is $5 to $6 million US $ x 1.33 $CAD  = $6.65mil to $8mil CAD Current market cap = $19mil CAD (how silly is that ??? ) Expected EPS in $CAD = $0.0192 to $0.0231 Wthh 10x multiple that gives us SP $.19  to $.23 CAD (with 345.5mil shares outstanding) Huge upside from here. At least 250% increase from current SP of .055 How silly is THAT ? Easy money (if they execute according to ...more  
Comment by biggerr on Nov 20, 2015 11:48pm
right now the stock price is going down because nobody knows what's going on, like they install new slots but don't say on what conditions and what's the revenue will be. We'll have to wait for the earnings I guess to have a better picture
Comment by biggerr on Nov 23, 2015 2:55pm
one big earthquake could wipe us out, also lots of tornadoes in Oklahoma. Maybe PYD should relocate to a safer area like Northeast https://kfor.com/2015/11/23/only-a-matter-of-time-before-the-big-one-shakes-oklahoma/
Comment by blomskompskies on Nov 23, 2015 2:59pm
If the big one hitsd Oklahoma they're all gonna hide in the casinos anyways. Strong structures on a new foundation, and theres booze there to! I know i'd hide there. Imagine a tornado wiping out a casino Poydras' is involved with. Thats cvovered by insurance right?? Or are acts of "god" not covered?
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