Q: Hi Peter! AYA is taking a huge hit this morning. Are the results/guidance really that disapointing? What his your opinion going forward?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Does Amaya's earnings report really deserve a 26% beat-down? Looking at the numbers, I would have though 12% would be a big hit. Why is this thing getting pounded so hard?
Q: The stock is down 30% today, do you consider it a buy, hold, or sell after the 3Q results release? This was supposed to be a growth stock (same as AVO, PHM, CXR, etc.) but it looks like the corporate guidance does point this way...
Q: Hi Peter & team, What do you think of AYA pulling out of Nevada? How come they were operating BEFORE getting approval from Nevada Gaming Control Board? Or this is a change of heart of the GCB? Is this news worrisome?
Thank you.
"Amaya Inc., owner of the StarsDraft fantasy sports business, pulled out of Nevada after that state’s casino regulators said companies running such contests were illegal gambling operations unless licensed."
“As a proponent of state regulation of daily fantasy sports, we respect the decision of the Nevada Gaming Control Board and no longer allow Nevada consumers to play for real money on StarsDraft,” Amaya said. “We are an advocate for strict state regulation of DFS and the recent activities at some companies underscore the need for state regulation.”
Thank you.
"Amaya Inc., owner of the StarsDraft fantasy sports business, pulled out of Nevada after that state’s casino regulators said companies running such contests were illegal gambling operations unless licensed."
“As a proponent of state regulation of daily fantasy sports, we respect the decision of the Nevada Gaming Control Board and no longer allow Nevada consumers to play for real money on StarsDraft,” Amaya said. “We are an advocate for strict state regulation of DFS and the recent activities at some companies underscore the need for state regulation.”
Q: Hi 5i Iam looking for the next possible amaya or CSU. I like stocks trading under $10 with big potential futures.It could be any sector. I was thinking GUD based on your intelligence.Thx for all your help.
Blake
Blake
Q: Any reason the stock does not explode, as expected ?
Q: I have just joined and am examining the balanced portfolio. Can you tell me the initial purchase dates for the companies in the portfolio. Thank you
Q: Mr. Hodson, in light of your answer today to the question by Arneh and the content of the New Jersey DGE report, will your December 08, 2014 Report be updated shortly ? The share price then was 36.85$. Where do you see the share price in 2016 ? Does 50$ or more make sense ?
Is Amaya still one of the next blue chips, and is your faith in the stock fully intact ? David Baazov seems to be one of a kind, and who knows where he will lead Amaya. The AMF inquiry now seems to be of little consequence.
You may publish your response, if you so wish.
Is Amaya still one of the next blue chips, and is your faith in the stock fully intact ? David Baazov seems to be one of a kind, and who knows where he will lead Amaya. The AMF inquiry now seems to be of little consequence.
You may publish your response, if you so wish.
Q: For your readers:
The New Jersey DGE posted a 95 page due diligence report regarding Amaya's approval in New Jersey:
http://www.nj.gov/oag/ge/2015news/REPORTAMAYAOAG_100915v1_redacted.pdf
There's also a section regarding the AMF investigation on pg. 54 ("Investigation by Canadian Securities Regulators Relating to the PokerStars")
The New Jersey DGE posted a 95 page due diligence report regarding Amaya's approval in New Jersey:
http://www.nj.gov/oag/ge/2015news/REPORTAMAYAOAG_100915v1_redacted.pdf
There's also a section regarding the AMF investigation on pg. 54 ("Investigation by Canadian Securities Regulators Relating to the PokerStars")
Q: It was noted in many articles that the DGE in New Jersey conducted a very thorough investigation of the Pokerstars acquisition prior to the approval being made:
http://www.pocketfives.com/articles/new-jersey-dge-doing-comprehensive-review-amaya-s-pokerstars-purchase-591396/
I would think this would alleviate most concerns regarding the AMF investigation. The DGE was also able to complete it on a timely basis; how long do you think AMF can drag this out before reaching their own conclusion?
http://www.pocketfives.com/articles/new-jersey-dge-doing-comprehensive-review-amaya-s-pokerstars-purchase-591396/
I would think this would alleviate most concerns regarding the AMF investigation. The DGE was also able to complete it on a timely basis; how long do you think AMF can drag this out before reaching their own conclusion?
Q: Greetings: Would the NJ gaming commission's review have included any investigation into the insider trading issue: the New Jersey Division of Gaming Enforcement found Amaya’s PokerStars brand to be under "strong, ethical and trusted ownership and management" ... Do the words trusted and ethical ownership and management only apply to past business practices, apart from any illegal stock trading allegations? Thank you.
Q: Good Morning Team. Great news about Amaya. I have done very very well in the past (thanks to your guidance) with shaving my AYA holdings (first bought at $6.50) and able to buy another good stock and pay off some bills. I only hold 2.5% at the moment. I have some cash in my TFSA for an opportunity. Could this be it? Or would you suggest slower is better in this case with AYA? Thanks again for all you guys do for us including calming our nerves!!!
Q: Amaya is in New Jersey - faith in David Baazov (and 5i) has been rewarded!
Q: For your readers:
http://www.amaya.com/2015/10/amaya-receives-regulatory-approval-to-operate-pokerstars-and-full-tilt-in-new-jersey/
Massive potential for AYA with the New Jersey approval (in my opinion).
http://www.amaya.com/2015/10/amaya-receives-regulatory-approval-to-operate-pokerstars-and-full-tilt-in-new-jersey/
Massive potential for AYA with the New Jersey approval (in my opinion).
Q: Hi Peter, it seems that AYA is continuing its downward move do you think its going to continue, is there a specific reason, will we see it return to $30.00 anytime. Would you average down at any point and do you still like it for the long term. Thanks
Q: In response to Gerald's question about Amaya and New Jersey approval, David's reply during the Q4'14 earnings call on April 1, 2015 was:
"As it relates to New Jersey, I would say that we feel that this is coming. We would expect to receive and launch, I would say, in the next quarter."
David followed up on this in the Q1'15 earnings call on May 14, 2015 with:
"I think we’re still on track from what I said on the last call in terms of New Jersey."
Those statements (in my opinion) in no way guarantee a launch in Q3. Investors seem to have unfortunately taken it as fact though.
"As it relates to New Jersey, I would say that we feel that this is coming. We would expect to receive and launch, I would say, in the next quarter."
David followed up on this in the Q1'15 earnings call on May 14, 2015 with:
"I think we’re still on track from what I said on the last call in terms of New Jersey."
Those statements (in my opinion) in no way guarantee a launch in Q3. Investors seem to have unfortunately taken it as fact though.
Q: David Bassov asserted that AYA's entry into NJ would happen in Q3. That timing is now down to the wire. How do you think it will affect the stock if approval doesn't occur by then? What would this result do to DB's reputation? And finally, do you think there is still chance for approval?
Q: Is it just me or is Amaya looking very cheap right now? I don't see any specific catalyst that would cause the recent sell off.
Q: Understand the gaming co Bwin is being sold. It is in the final stages as I understand. Now its beien reported that the insiders are buying shares at this stage, and also that the co will now be sold to Amaya. Have shares in Bwin and a small amount of Amaya. Question..what are the the Bwin shares worth based on insider buying. Obviously more than the figure quoted. What will that do to the Amaya shares as well. Could you advise what the price will be of Bwin at the end. Many thanks
Q: In regards to the sudden for Amaya, I'm not entirely certain but it may be due to a federal appeals court on Tuesday overturned New Jersey's sport betting law for the second time in two years, saying federal statutes forbid gambling on college and professional sports except in a handful of states, which may impact any future plans Amaya had in this area.
http://www.philly.com/philly/business/20150826_Federal_judges_overturn_N_J__sports_betting_law.html
Seems to me investors' panicking is overblown on this one and the market in general.
http://www.philly.com/philly/business/20150826_Federal_judges_overturn_N_J__sports_betting_law.html
Seems to me investors' panicking is overblown on this one and the market in general.