Post by
Wangotango67 on Apr 29, 2016 7:15pm
So now what - come Monday ?
I can't understand why some posters have to post - especially if they don't like the stock - if yu don't like it - then move on - why make it a point in posting ?
Secondly - I wonder who on the board of directors dreamed up consolodation ? Can the consolodation be deferred ? Just because the board passed it - and they handed it to the exchange - can it still be retracted ? Hey.. why not .. why give certain undesirables the satifaction f rolling at a 4 cent value - if it were me - id retract - if its permissable -
Thirdly - I think they should have held off on the consolo - and revamped debts and contracts - what is owed - paying down the debts - over longer time frames - revamping the contract debt owed - based on each machine cost - and stretch it out over the long term - entire term - to show better end results per quarter - then streamline on the over all run cost - theres lots of cash going every which way - etc.... Yes... the revenues are a tad low - but summer is just begining - and maybe q-1 will be better revenues - after all - casinos do far better in summer months - i think streamlining is where its at - and perhaps check into other venues of businss - keep the slots but as well entertain other profitable ideas - maybe that's why they held off on the PDS - cash in hand ? Sure has piqued my interest - wanting to know what they'll use it for ....
I like Poydras - i think the gaming busines is exciting - but.... im not at all happy with the market value and how stocks trade - - I think pyd is worth far more than 4 cents - especially when their business worth and assets are way up their in the multi millions - it appears there are some that love to get the sh-it rolling on the board - just my own thoughts - please do stick to your own thoughts and valuations -
In closzing - if it were me - i would retract the consolodation - or pend it - i wouldn't give the rats the satisfaction of rolling at 4 cents - if this is what happened prior to the roll - the rats will be there on the other side of the roll - and perhaps the same opinions will be on the board again -
for the sake of the sharehldfers -
i would prefer pyd to rethnik this - and perhaps reconsider not doing the roll - i've have since seen other stocks with about same amount of shares out - and their stock is doing fine - its the bottom line figures that have to improve with better timelines that favor quarterly results - with contracts that stretch the debts out over the full length of contract to allow for better net figures per each quarter - yes its riskier this way - but it favors the share valuationm - the present way favors company - to pay off quicker- hence thats where i think the betwix is- an easy fix - that is if they can redo how they owe - which may require revamping the contracts- ??? I dont know - accounting is not my cup o tea....
Cheers - have a good weekend everyone - and hang in thre PYD - i'll still root for ya !
Looking forward to Q-1 - and pass me another cold beer ! E xcuse the typos blame it on the beers - lol
Comment by
urlokn on Apr 29, 2016 8:15pm
La wango it's done news out 10-1 Monday buddy!have a beer relax