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Bullboard - Stock Discussion Forum NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

TSXV:NYX.DB - Post Discussion

NYX GAMING GROUP LTD 11 PCT DEBS > I bought more as well!
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Post by Moderndukes on Apr 28, 2017 12:16pm

I bought more as well!

I never average down but I made an exception at these levels.  With cash on hand over 30 million and current leverage ratio NYX the interest rate for the Series A Debentures of $76.3 million will be lowered 2%.  If you look foreward to what EPS might look like at the end of 2017 with projected new liscences and other revenue streams I estimate .20 for year end.  Without the impairment of goodwill, analyst expectations for year end would have been easily beat.  The impairment of intangibles (loss of client) was a one time write down and the loss already relfected in Income statement and accounted for in my estimates.  It's hard to find value in the market, but NYX has the potential for explosive upside.  Good luck to all the longs.  If anyone else has estimates for what this year may look like for NYX please post.
Comment by 93Darkhorse93 on Apr 28, 2017 8:07pm
Good post, for 2017 I am at Revenue - 255M with 70M in EBITDA. For 2018 I am at Revenue - 285M with 95M in EBITDA. -----In the long run EBITDA margins can push towards 35-40% range so given that fact you could make the case it's trading at less than the EBITDA it could earn in a single year looking out to 2019/2020 time frame-----
Comment by MuskokaJoe68 on Apr 29, 2017 5:35pm
At what level of EBITDA then will it take for the share to move up then? I dont understan why the strong Q1 guidance didn't seem to help.
Comment by SunsetGrill on Apr 29, 2017 7:02pm
40% minimum; preferable >50%
Comment by Moderndukes on Apr 29, 2017 9:34pm
Focus on earnings per share. EBITA will give you the revenue story. Doesnt mean anything unless it contributes to the bottom line.
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