I just shared the fears of a FEW casino operators, which is that EVRI slots MAY EVENTUALLY be discontinued. Not even EVRI or IGT know if this is the plan today, so I don't have... login to read the rest
Hi - you state Everi's slot machine sales might be discontinued? Any more info you can share on this, whether it is communicated or likely? I understand it doesnt impact the mergedCo a lot, but
I meant to add this point:
5. IGT's FY24 EBITDA guide implies ~18% or ~$100mm in growth, so that should be more than offset any declined in EVRI's FY23 EBITDA of $367mm.
While we await regency's thoughts, I wanted to share mine following 1Q results and the continued decline in EVRI's share price:
EVRI severely mispriced at ~4.5x PF24 EBITDA. AGS, which has less scale and no FinTech,... login to read the rest
Thoughts on Q1 - you guided it would be tough..
How is your expectations for FCF for 2024 now vs previous comment where it stated that this trades at ~8x FCF?
Before we get into our detailed review of the quarter, we would make the following point: EVRI is a compelling value at these levels. Valuing the pro-forma business at just 6x EBITDA would get you... login to read the rest
This seems pretty interesting at these prices. I get the sell off. IGT shareholders were playing for a full sale (rumors of Gaming sale to Apollo) and EVRI shareholders were playing for big buyback +... login to read the rest
Do you think most investors appreciate that EVRI will pay a special dividend for all FCF generated b/t now and merger closing? Obv not the most important fact, but should equate to $1+/share? More important,
Are you sure you want to close this position EVERI HOLDINGS INC?
By closing position, I’m notifying VIC Members that at today’s market price, I no longer am recommending this position.
Flag EVERI HOLDINGS INC for Removal
Are you sure you want to Flag this idea EVERI HOLDINGS INC for removal?
Flagging an idea indicates that the idea does not meet the standards of the club and you believe it should be removed from the site. Once a threshold has been reached the idea will be removed.
You Cannot Submit Message ... Yet
You currently do not have message posting privilages, there are
1 way you can get the privilage.
You can apply for full membership by submitting an investment idea of your own. Or if you are in reactivation status, you need to reactivate your full membership.