Post by
Wangotango67 on Jul 21, 2016 9:46am
Are a few bashers - pissed - lol - another business purchase
They don't like seeing another gaming peer command great money for a sale - it bothers them that it does give hint and proof - what this sort of slot route business can command if sold - when scooped up by a larger gaming company - and it places the bashers at a lessor empowerment - like hello - do the comparable between the two companies then ask yourself how many slots does PYD have and do they have paid floor lease space in casinos and are they with long term contracts ?
Even the other article - the purchase of yet another slot route business... Proves that the gaming industry is strong - that's a positive - yip !
heres that other link -
https://news.worldcasinodirectory.com/penn-national-gaming-to-acquire-illinois-slot-route-operator-10923
I think - if PYD can announce more good news - get the price up up up - and then announce a PP - without selling the shirt - a PP that is same or higher than stock value based on possible new opportunity they could attain - and do only a guaranteed small PP - ensuring shareholders a certain price and low volume of shares - and actually have a great acquisition or opportunity that turns heads... I can see this company getting some attention and a possible offer of buyout...
Why do I say this... Of course it's only a hope - but with the article about and reading about that company and their $10 million EBITDA - and how it was respected in terms of - a high revenue - and then I remind myself of how much PYD is raking in in revenues... And well... I'll let you decide if I'm right or wrong - and that means - make your own decisions when it comes to analyzing and investing.
Great article - eh ?
Cheers - guys and gals...
Comment by
SilverSaver333 on Jul 21, 2016 11:18am
Oh my dear god, wangy you've lost it..By that reasoning, you can use Apple as a comparable for PYD because they both earn dollars ... Ps. I'm assuming you just learned the word 'route'. hence, your desire to throw it around like a 6 year old learning a new swear word