NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

Jerome Hass will probably buy it back in 2017

[JaretFF]

He will apear a genius to have sold before the drop and then buy it back when fundamentals are stronger seen in the next quarterly report.

GLTA

[bohikam]

how many shares did they hold ?

[ferret_ca]

there is no way Haas will buy nyx back without top management changes AND definite signs of debt reduction. risk reward still looks good here to me but there is definite risk here that management blows this company up. cheers ferret

[ForesstGump]

This post has been removed in accordance with Community Policy

[gladiatorfire]

Who care what Jerome Haas does, he is an arrogant pr*ck. I trust Davies more than this guy, he is pissed he bought in at the IPO level.

[foghat]

Retail investors have to realize that the vast majority of BNN analysts have a hidden agenda and don't actually have any more insights into companies than any other Joe on the street. The only thing you can do is your own DD and sadly that can often be wrong as well. Sorry, but that is the marketplace. Having said that, it appears that NYX has a bright future, but just IMHO. Just saying...

[maypeters]

I will take Matt buying 700K shares in the PP @ 2.70 and buying more thereafter on the open market over what Haas says. Of course Matt also holds lot of shares from before.  Got to give this one time. They are doing all the right things. 

[stocksnbonds]

Fair enough but Haas did have a good point. He said that there were expressions of concerns to Matt Davey and his executive due to the number of financings. Shortly after he relayed his concerns, NYX did another smaller "piggyback" financing further diluting the share count.  At this point in time, one can see Haas was correct. I'm not "anti" Matt Davey but I do see

[ForesstGump]

This post has been removed in accordance with Community Policy

[maypeters]

good points especially about NYX being Matt's baby.  Company is doing the right things - need some savings and actual profits.  Regarding Haas - I always taking his views with a grain of salt (from past experience). Then again - I do that with most of the folks who come on BNN. Happy 2017 and let us hope NYX comes back

[Investor4000]

SB I invested in NYX after doing an extensive backround check on Matt Davey. I believe that if a CEO'S heart is at the right place, you'll will generally be rewarded with a growing company.  Problem is that OB was a once in a lifetime opportunity and could not be passed away. That, causes the multiples liquidity problem that we see now and Matt Davey is cornered.  He wants to

[stocksnbonds]

Invest4000, I don't doubt Matt's wanting the firm to succeed. I think we all agree he's done a pretty remarkable job growing the company. I don't have any issues with that. If you recall, I was the first onboard here with the OB purchase. It was transformative and will drive new licensee growth as the main verticle, much bigger than casino. I was posting about the benefits of the

[Investor4000]

Just to put thing in perspective  Ongame was part of a deal with amaya. Amaya didn't want Ongame because they could not turn a profit so they sold it for 1 $ to NYX. NYX agreed to take Ongame to pass a deal with Amaya for Cryp/chartwell. NYX knew how hard it was to make Ongame works, they knew it was a dead horse all along I mostly agree with what you said tho 

[stocksnbonds]

It should have dumped OnGame as soon as the cryp/cwh purchase went through. They likely hung on to keep the vertical. It should have been sent packing earlier to save millions. Yes, you are correct that the OG purchase was setting the stage for the latter cryp/cwh purchase. Dead horses need to be sent packing ASAP. sb

[maypeters]

They have all the pieces ...Qs now is about execution .. SB is right about debt. It can be a noose around country / company / person if not taken care of at the right time. Lets hope Matt cares about his own shares and for some of the institutions who participated in the IPO and subsequent offerings ... So much potential 

[hipfner]

Hass is indeed one of those active traders. (Not as fast as Nutall, however) He does admit to failure, unlike a lot of them. I've held on and still believe in the fundamental story. I'll give them a couple of more quarters.

[JaretFF]

That's all you will need to see big moves in the right direction. Hopefully.