15:28:15 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Amaya Inc
Symbol AYA
Shares Issued 133,119,795
Close 2015-10-09 C$ 31.88
Market Cap C$ 4,243,859,065
Recent Sedar Documents

Inv Reporter says buy Amaya if you need no dividends

2015-10-09 21:22 ET - In the News

The Investment Reporter, in its Oct. 2, 2015, issue, says buy Amaya Inc., recently $27.26. The Reporter said buy three times from May 18, 2012, to Aug. 15, 2014, at prices ranging from $4.01 to $21.02. Assuming an investment of $1,000 for each of the three buys, the $3,000 position would now be worth $12,376. Amaya provides poker, casino and daily fantasy sports gaming products and services. In the quarter to June 30, 2015, the company had adjusted earnings of $86.1-million, or 43 cents a share, up from adjusted earnings of $59.7-million, or 30 cents a share, a year earlier. In the second quarter of 2015, Amaya sold some businesses. It sold Cadillac Jack for $476-million on June 1, 2015, and Chartwell Technology and Cryptologic Ltd. for $150-million on July 31, 2015. Amaya used $344-million (U.S.) of the proceeds to reduce long-term debt. It also used $35.6-million to buy back 1.1 million shares. The company's debt-to-cash-flow ratio is still a high 6.6. In 2015, the gaming provider is expected to earn $1.89 a share, more than twice the 91 cents a share it earned last year. The 2015 earnings estimate gives an attractively low P/E ratio of 14.4. Amaya is a buy if you need no dividends.

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