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

Tax Loss Buyers

[88guy88]

will be coming back after the 30 day wait period to buy back in.....Dec 23 was last day for tax loss selling in Canada......so Jan 23 coming up soon.....investors make too much of emailing management and response and so on.....they are busy running the company which is a good thing...let them do their thing....investors analyze way too much on daily weekly timeframes of what management did or did not say....what ever happened to long term investing.....the only question needed is....now that the price is really cheap and based on fundamentals and technicals where is the the stock going to be a year or two from now........my comment is alot higher....$4....just need some patience ....good luck longs

[stocksnbonds]

With the debt they have on the books and no way to pay it off (so far), NYX is in danger of being an ongoing concern. NYX debt as I posted a week or go roughly had a 10+% interest rate. They had to take out a 15 million pound loan in addition to cover operational issues. This is not good. If revenues are so high, then why delve into more debt? Reason? Costs are higher than revenues. They are still

[Carpenter72]

Stocksnbonds. I agree with you and understand your concern. Just let the runner runs. We have to wait and look to Q4 and maybe Q1 to analyse deeply. With all the pressure now, management will have to react and move quickly (in the next 6 months) to respond and rectify the cost/expenses/debt/EBITDA problem. Maybe selling some asset? Take over? Cut the staff? Matt stepping down? New management team

[gwizard]

I think management is not the problem here. I agree they need to cut costs but the business needs to grow. The problem is this sector is out of favour right now. I also don't see NYX going "bust" anytime bcuz they are backed by William Hill ( who owns a big chunk of this company). I would like to see this company get taken out but that might not happen until 2018 if at all. 

[stocksnbonds]

NYX has no assets it can portion off to my knowledge. They have various gaming offices although those are now being redrawn and incorporated into various verticals as per the last Q3 CC. A takeover would only result in shareholders like us realizing a loss. Even if the takeover price is 250% more, it's still undervaluing the firm IMO. LSE takes months as you well know from the IT experience

[gwizard]

Good points, the only other thing that's positive is all the insider buying that has occurred in the past few months. Insiders are in this with us which is better than most companies out there.

[Investor4000]

SB, I'm with Wizard on this one. I do think Matt Davey is on his selfside first and foremost but also care about institutionnal and retail shareholders. He is not a punk like other ex-CEO like JFK or Bazzov who would sell their wife for a buck. Obviously, when I bought the stock several years ago, I didn't expect beeing deeply in red at this point, but I see the big picture and the big

[JamesNG]

stocksnbonds - I like your posts a lot, but I think you are being pessimistic in your last posts. Net Debt/EBITDA should be 3.7x, 2017 should end with a Free Cash Flow of neraly $20 million (after repayment of long-term debt). Also don't forget OB is really a valuable asset.

[stocksnbonds]

I'm still in this stock for now. Everyday though, I regret it more and more. I believe in the potential but the folks at the helm are not transparent. I don't feel we're all in the same boat. I don't trust Matt. I'm starting to dislike my own posts as I'm sounding like a real suck who really should have sold long before when I first had a bad feeling. It would have been