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

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"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."

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Integrity Gaming Corp. > Been doing some ...

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Post by keeniinvestor on Mar 17, 2016 1:10pm

Been doing some ...

DD on this after I saw the latest NR re: profits. The turn around plus RBC target of .22 has me quite interested although I have to say, I am a little perplexed by the lack of interest/enthusiasm following the NR. Anyone care to enlighten me as to what the caution is about?

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Comment by Riverfolk on Mar 17, 2016 1:16pm

the news wasnt fully pressed out , just on stock watch.... will take a while to get around. When the audited numbers come out, i imagine it will be sent out normally

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Comment by biggerr on Mar 17, 2016 1:33pm

with the projected EBITDA for 2016 of some $10 mil. the depreciation and interest payments can't be more than $4 mil. in the worst case which would leave around $6 mil. for profit or 2 cents EPS, multiplied by 10 would give us 20 cents SP IMHO

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Comment by biggerr on Mar 17, 2016 1:19pm

RBC target of .22 on PYD? Where did you see it? ha

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Comment by keeniinvestor on Mar 17, 2016 1:38pm

Well, if you deal with RBC Direct then all you have to do is go into Stock Insight and it's right there. Just checked again to make sure I was not mistaken .. and it still rates PYD as a #1 buy rating with a 1 yr price target of $0.22. Perhaps you are far more informed than the analysts covering it at RBC. Also, if I can find this info in the short time I've been looking at the ...more

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