09:47:08 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Gamehost Inc
Symbol GH
Shares Issued 24,729,103
Close 2017-05-09 C$ 10.25
Market Cap C$ 253,473,306
Recent Sedar Documents

Globe says BRP, others may benefit from a weaker loonie

2017-05-10 07:37 ET - In the News

See In the News (C-DOO) BRP Inc

The Globe and Mail attempts to identify Canadian companies that might benefit from a low dollar in the short term and have a strong relative valuation to their industry peers in its Wednesday, May 10, edition. The Globe's guest columnist Paul Hoyda writes in the Number Cruncher column that while the loonie remains low in the short term, there may be ways to capitalize on its weakness. He says more Americans may be looking to Canada to plan their vacations on a budget this year. He screened for Canadian companies with market capitalizations of $150-million or more, with business descriptions that contained any one of the following key words: resort, gaming, casino, hotel, entertainment or season. He then screened for companies using the StarMine relative valuation model incorporates valuation measures that are relevant to most securities: enterprise value (EV) to sales; EV to earnings before interest, taxes, depreciation and amortization (EBITDA); price-to-earnings; price-to-cash-flow; price-to-book; and dividend yield. Mr. Hoyda recommends buying Great Canadian Gaming, BRP, Gamehost, WestJet Airlines, Morguard and Amaya.

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