Tom Nash
patreon
Undervalued Online Gaming Company
🕑 Added 2021-03-15 15:22:08 +0000 UTCHey Patreons,
Please check out Golden Nugget Online Gaming ($GNOG). The company is already profitable and has nice growth with a lot of upside. Current share price is $17.25 and my target price is $25 for the next 18 months. The gross profit margin is 80% while EBITDA is 33% and the growth of revenue is 30% year over year. Not to mention 50% EBITDA growth year over year. The EV/Sales ratio is 10 while Draftkings is over40! please look into this company and check it out before the crowds do.
Please note that as with ANY post or video I make this is NOT financial advice and strictly my opinion and may be totally wrong. Do your own research please. Note that past performance is not a guarantee of future results. Don't assume an investment will continue to do well in the future simply because it's done well in the past.
I currently hold NO position in GNOG. I may open a long position in the future.
This is strictly my opinion, so do your own research and make up your own mind. This is not financial advice, just entertainment, so be careful!
Comments
Mighty Tiny
Now you can
gehau
Please look at $rsi too,
Scott Robinson
This hit the $25 an has dipped off, do you see it coming back round?
HaydenRes
Takes time to make the videos, give him time man. Quality over everything
Antonio Albarran
William Rilling
Lets also look for thoughts on BIDU? It’s been a LOT Higher!
William Rilling
Any thoughts on NVDA? It’s run up a lot, SELL, BUY MORE, HOLD?
Ahmed Zahid
hey does anyone know where I can find the excel sheet for toms price prediction?
Tung Pham
It's been more than 3 months since this post created. What is your thoughts now? Has it changed?
Bald Nightmare
Started buying into this in the 12's and today it scaled back to the 12's again on what appears to be it's new level of support. I've been hype on this company since it was LCA but unfortunately get caught a bad rap when it got a double whammy beatdown in growth/spacs over the last few months. I personally feel it's ridiculous that this is so low and it's a ticking timebomb ready to pop any day.
Tung Pham
current SP is $13.25 I might pull the trigger.
314159
I work in this sector. We've seen the biggest online revenues since forever during covid. So just be careful with any on term investment here
Mahdiyeh Pakdoust
I can't buy this on etoro :(
David Krejci
So what’s going on with gnog right now? Big dip lately... planned?
XrunHD
i like rsi rush street interative more
John Pilon
Don't want to beat a dead horse... but Feb earnings just came out for GNOG and they killed everyone. Up until now the $91 million for all of 2020 was Michigan only. This $27 million is Feb alone for New Jersey. They have 8 other states they gained approval for and are ramping up this year. https://www.playnj.com/revenue/
Ray Z
Sold a Cash Secured Put to buy in if it drops- was too frothy when i looked at it
John Pilon
Speaking of gaining more state approvals... https://www.streetinsider.com/dr/news.php?id=18131806
John Pilon
Nice! Thanks for covering this Tom, nobody else seems to be so I think it's under the radar. Being already profitable and not needing physical locations, or as much advertising as DKNG for example - due to already having an established brand (Golden Nugget) ... they are basically a money printing machine at this point. As they continue to gain approval to operate more states, they should grow very quickly. Just my opinion anyway.
Lets Invest - with Rob Collins
Thanks Tom, I better have a beer while I look over it
Anson Cheung
Nice to see you covering this, it didn't make sense to me why the value was so low before the correction and even more appealing to me during the correction, so finally bought in!
Appie Saoutiev
Spasibo Tom!
