When you read the news from this year - and grasp what pyd has achieved - it is indeed impressive. I think if any investor calculates the ratios - and projects a future for pyd - basing the projection on continued growth - and suppose pyd capture 500 placements per each year - and once the original contracts come to a stage of slots are fully paid paid - which is not far off - its then - the revenues generated turn to organic captial to grow even more !. Sooner or later the scales will tip to all the more revenues and organic captial to keep compounding -
Please note the words - organic growth below - its already begun. So, will pyd stay the course and become a big player - are they in it for the long haul - or will they get an offer thattickles their fancy in the near future ?
Just look at my last post - that speaks volumes when you see a larger gaming company scoop up a great smaller gaming company. Hey, i guess that how the big players do it - they let the lil gaming companies do all the work then come along and buy them out to become even bigger. lol - PYD RECAP NEWS -
On May 24, 2016, the Company announced that it has entered into a long-term contract for the placement of approximately 230 gaming machines in a new Native American-owned casino in Oklahoma. All machines are expected to be deployed and revenue generating by the end of Q3 2016, and the revenue sharing agreement is expected to add at least
$2.0 million dollars in annual run-rate revenue. "We are off to a strong start in 2016, on track to meet or exceed our FY 2016 goal of $10.0 million in Adjusted EBITDA," said Peter Macy, CEO of Poydras Gaming. "
Organic growth during the quarter over Q4 2015 was driven by a full quarter of deployments for an additional 150 machines with our long-standing customer the Cheyenne & Arapaho Tribes of Oklahoma.
As we look towards the rest of 2016, we will continue to expand our machine base with new and existing customers in our core market of Oklahoma and Texas, as well as exploring opportunities in new markets."
Read more at https://www.stockhouse.com/news/press-releases/2016/05/30/poydras-gaming-finance-corp-announces-2016-first-quarter-results#AOHU6UB7TEPH9LOw.99 Wango ~
I just wish the larger interests would take this puppy up to where we belong... Hey, pre roll prices still hanging round... grrr ! Just looking at other companies that havent much of anything - and they trade higher - based on ur pre rll pricing ? Come on... Double grrr !
I remember reading one stock board awhile back - the company was doing well - and the day traders were chewing up the stock - everyone was wondering why the stock wasn't going up -
It was then another poster came on and - spoke bluntly - he kinda stated -
if the dumb a-sses would stop flipping it - and let the stock creat a desent spread and create a demand - it would go up - i kept an eye on that stock - and well... the day trippers listend - which i couldn't beleive they did - and the results...?
The stock began to rise...and rise it did .... i was impressed.
But, as it was - i could only drool over that stock - wishing i was in it - lol
I think in our case there are few day trippers - but i'm focusing on the larger interest buys... if they spent as much effort as they did buying on the cheap - as they should on the up - with in reason - with in a range that is fair for valuation - i would be happy. I would rather have retail investors - a few more vested to give this big player some resistence - in terms of buying on the up - and that takes advertising - by the company.... need i say more... !
Cheers !