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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. > TJ - i get the advantage of pyd accumulating contracts
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Post by Wangotango67 on Dec 04, 2015 11:35am

TJ - i get the advantage of pyd accumulating contracts

I want them to - and like i said the other day - with each new contract each amassing of slot machines - it eventually gets applied to the share outs - and with such a counter - it eventually has to raise the share price up - 

Now as for your math - why the 6.7 ebitda?
average estimate - middle of the road?

And could you elaborate on the fact - you were just talking about a new contract - similar to Tonkawa - and you're saying for every contract like tonkawa - its a value of .105 cents or translates to a .10 cent rise in stock - right?


But why not give an over all expectation -

saying... if pyd was to buy back shares it would do this... not much on the stock price...or
would it ?  seems no one can figure out what the cause is - thats preventing this stock from rising...

hence if it is a possibility that a buy out is a possibility - it would explain away the current price - and uneventful rise each time we get advancements and good news.

if what others are saying on the board - the stock is being held back - then would it not be in pyd's favor to buyback shares - more for them in the latter - if a buyout occured?
And at the same time - it helps out shareholders - getting more for their shares...

Never been in a situation with a buy out or take over - so i dont really know - 

So - back to your math...

From what i gather - your saying for every contract pyd has - alike or similar to tonkawa -
and from what im guessing your saying - that there could be another one coming up ?th

en for every such contract  = equates to-= .105 cents in stock value based on 350 million shares out.

Please include all variables and parameters -

all current and exisiting contracts and then the assumed potential of another tonkawa contract - and then would it still fall under the category of 6.7 factor ? or a 10x factor?
then project this supposed new contract - and TACK IT ON TO THE EXSISTING CONTRACTS - to get an over all value in share price... excluding it away from the herd of exsisting contracts gives a false impression of stock value.


Then... throw in the loop -
1- its prime opportunity pyd to scoop up shares - thinking futuristcally -
2 - creates more investor interest based on less shares out - more investors = attractant
3 - lowers risk with less shares - less chance of a consolodation - eases fears from investors promotes  investment. 
4- any future gain or acquisition - is then appreciated and respected and perhaps instantly reacts to each press release accordingly - no lag - or ill effect.
5 - company with more shares in own hands - builds confidence in investors that the company has confidence in own self - and reflects the same to investors with the impression - company believes in self.
6 - if ever a buyout did occur - stock would command a far higher price - benefiting company and shareholder...

stock buy back to me is by far a perfect assurance on all fronts.. it provides many advantages - and sets the company up for a perfect smooth ride with perfect stock response each time new growth is added.


So back to your math - TJ

Provide an overall value of this stock - of course a projection and estimate - based on - if pyd secures yet another contract to that of Tonkawa...

Pro assessors are already pegging this stock at - .17 - to a high of .26 cents... are you suggesting it could be valued even higher ?if pyd secures another similar contract to that of Tonkawa?


Appreciate your feedback...   i like your posts... and such a topic is good to discuss -
Comment by RegularJoe on Dec 04, 2015 11:49am
I use the 6.7x ebitda because the global target they came with the .22 target used 6.7x not very deal will be like tonkawa , but if they can secure minimum payments going forward like management said in the call then we can assume simular payments of 500 machines = 5 million ebitda  ofcourse these are estimates but they are self driven PYD estimates . one again regarding buy back, a ...more  
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