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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. > Well - what a lead on ..... and the same as usual -
View:
Post by Wangotango67 on Mar 17, 2016 10:39am

Well - what a lead on ..... and the same as usual -

It looked like we were going to rise above the 5 cent barrier yesterday - given the consistent trading and upward movement - and after i saw that the buying was drying up - and it always looks like a good push - a good start - but then fades away -  same as usual -
And i don't get it .... Its like a lead on - that happened one too many times .... good buying then drops just before the next level....  What's up with that ?

On another note - and a comment about VeeP's post - I hope your right and they do release something ealier - to shed some light on Q-4 results.....

As for oyur other statements - lol
Some of the ideas - don't make any sense -
Maybe i've misunderstood - but how i read it - your post seems to - contradict - ?

1 - i feel your words are saying - wait all the more -  and it takes the focus of fof Q-4  and pushes it further into the future - hmmmm !   The very notion of saying wait more till  Q-1 -  is absurd.

Saying to wait longer and when Q-4  passes and then what ?  Wait again till Q-1 ???
Too funny - you see VeeP - This board and shareholders have waited far too long - and as it is - the stock should have gone up not down - instead it went retrograde - even with each advancement and Q-3s earnings - and as so ..... Havoing someone say wait till Q-1 2016 - is utterly redicoulous - 

Q-1 to me - if goood results - will be the reinforcer to that of Q-4 the former... and reading another say - look towards Q-1 when Q-4 is the defining Quarter we've all been waiting for - is
well..... i'll refrain from typing it....- LOL LOL LOL

I think many out there - on the boards -have got the mind set - to always divert the attention of acquiring and gaining to always the next quarter - wait some more - no not yet - it will take longer - etc.....  And for what - their own portfolio thats notquite acwuired enough stock - lol Who knows.... But the end result - stigmatizes  Poydras with never enough - never good enoiugh - wait longer - never enough recognition - never a compliment - and never a focus on the achievments - and that to me is just not right....

So......

2 -  I would disagree with you - and say... Q-4 is the defining moment - why ?
All their machines will be in play - and that to me - is a - more than good representation of what to expect in performance - lets hope the accountant doesn't decide to look at itfrom the company perspective and do some wild accountant moves that favors pyd - im hoping for some striaght numbers - that speak how much they can earn - aside of mentioning what it was applied against - that stuff should be left for sedar.... Ive read other gaming companies Q-s and they speak in revenues and show the large numbers and if an investor wants to know more - they are referred to sedar -  Makes sense to me - accentuate the possitive - leave the nitty gritty for sedar reffrencing ....


Again -  my personal opinion - is Q-4  will be the defining moment - 

Also - your other comments -  VeeP - on how much you tihnk they'll make ?

I sure as hell hope thery make more than your projections.... which i think are off -and i hope pyd rings in at or between - 3.5 million - 4 milliomn or more....

3 - Lastly - your last statement that if pyd earns even more than 2.2 million that you feel the projections would be low ?  Sounds like a contradictory statement  to me - please say you meant higher ?

If a company makes more- it would suggest they're doing better not worse... Anyways... i can only hope pyd impresses all - and earns far more and beyond what most think they will - and that would certsinly set the tone - for this stock - It would be nice to see theIntegrity machines ring in higher - but... time will tell... and it would be nice to see a break down of each contract and what block of slot machines made what - to compare all the more... to see where things need to change or be tweaked...

In closing -
All i can say is this -

What if another penny stock company amassed as much as pyd in asset values - what if another company secured long term contracts that have added security - for long term deals - is that not an added benifit to an investor ? And what if another listed company - up n coming -  earned 1 million in their former quarter - and their next quarter was set up with eve nmore machines ot profit all the more - 

What would another stock be treated like ?????  i would say they'd be treated far better - JUST SURF AROUND - i myself have seen it on other boards - itslikeeach advancement or acquiring the investors cheer the company on and commend them.. they don't keep giving new dates to saty.... wait till next time.. .next quarter....

Such investors treat their company with respect and esteem - far more accolades than what pyd has recieved thus far... There are many other stocksother sectors -  that dont even come close to pyd's assets let alone producing revenues - and their price is same or higher.... ?

I guess i'm tired of reading that pyd has to do better  - or wait longer before grading them - or wait till next QUARTERLY  RELEASE -or the next one... and the next one....  and i feel  it only pushes the time frame of expectations further dow nthe line... Sad game -  and my answer ?  When will something ever be enough- for another to say... WELL DONE ? 

I think Q-4 will be the one ot grade them on - all machines were in play.... I will say... sometimes it take a company and its product a lil time ot get the swing of things or in this case their machines to be recieved by the public- all dependent upon where they position them on the floor - hopefully quality floor lease space . ...So - i'll be looking for a repeat in revenues for Q-1 a comparable from Q-4 - If there is CONSISTENCY -  then it will sort of say.... this is what tot expect each quarter.... Which suggests they've good casino placements in which they've placed their 2500+ slot machines....


Cheers !


Veep's partial post - copy paste - caption -

In my opinion, if they produce EBITDA in the range of $1.8M - $2.0 (USD) in Q4, this would be considered in line with expectations, but make people need Q1 verification in order to believe 2016 projections. If they produce $2.0M - $2.2M (USD), that would verify that they are ontrack for their 2016 projections. If it's $2.2M or higher, that would make me think that their 2016 projections are low.


Read more at https://www.stockhouse.com/companies/bullboard/bullboard/v.pyd/poydras-gaming-finance-corp#6y0hgLVba3psTR1k.99
Comment by RegularJoe on Mar 17, 2016 11:45am
My dearest La Wango, 150 more machines will be in play during Q1 and will prove up the 2016 estimates. Q1 will be from the busiest quarter. Don't get your panties in a knot, June 1 we will have both and hopefully the markets will react!
Comment by VPofFNE on Mar 17, 2016 11:52am
I think you need to re-read my post Wango. Since you're a newbie, let me better explain: Point #1: If their earnings are below $2.0M EBITDA USD, Then people will have a hard time believing their fiscal 2016 guidance of $10M USD. Therefore, most people will wait until Q1 numbers to see improvement to show how $10M will be acheived, and I doubt we'll see much buying.  Point #2: If ...more  
Comment by Trennam on Mar 17, 2016 12:54pm
Excellent summation.
Comment by biggerr on Mar 17, 2016 1:22pm
Q4 15 adjusted EBITDA grew ~ 40% over Q3 15, from $1.6 million to $2.1 – $2.3 million. Read more at https://www.stockhouse.com/news/press-releases/2016/03/17/poydras-gaming-finance-corp-provides-estimates-of-fourth-quarter-and-full-year#WP565EMTUBL3DRsR.99 it's written black on white that Ebitda will be between 2.1 and 2.3, to 7 cents we go like you say
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