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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: re:AYA

Wiping my tears so I can type and, I am sure you are tired of hearing about this company.

My position is small ($1,000 & less than 1%) but I am a little tired of watching this precipitous fall.

On Saturday a 5i member commented

"there is a zone of resistance between about $5.75 to $6.13. It touched $6.11 in intra-day trading on March 31st but closed at $6.30. If prices close within, or more seriously, the resistance zone, watch out."

I'm close to jumping ship but would like to hear your thoughts on the aforementioned comment and maybe provide some explanation as to what exactly he is saying. If it gets to $5.75 it will drop to a dollar?

Thanks You Peter & Family

Gord
Read Answer Asked by Gord on April 14, 2014
Q: Hi Guys,

This is a couple of questions about Amaya (AYA)

Why is your report so out of date (Sept 2012) for such a growing company?

Why does your opinion differ so much from the market on this company? It is down 25% from the beginning of the year. Obviously the market does not like this company. Is the growth really there? Please provide more than "it's a good company" answer.

Regards
John

Read Answer Asked by John on April 14, 2014
Q: Re Amaya, AYA, from a technical point of view, there is a zone of resistance between about $5.75 to $6.13. It touched $6.11 in intra-day trading on March 31st but closed at $6.30. If prices close within, or more seriously, the resistance zone, watch out. However AYA may simply be caught up in the recent rout in the software sector. I would be inclined to hold depending on the fundamentals.
Read Answer Asked by Fred on April 12, 2014
Q: AYA has been dropping day after day up to their disappointing earnings. In fact, it's been down 1.5% to over 2% almost every day for the past ten days. Now we get a huge drop on earnings. Since you didn't know anything, this tells me their earnings disappointment wasn't known on the street. That in turn suggests a lot of insider trading by those who were given this information. Personally, I want nothing to do with such companies, and I'm wondering if you're reconsidering its inclusion in your portfolio.
Read Answer Asked by John on April 01, 2014
Q: Hi folks,could we please get a more detailed answer to Q results for Amaya besides "little disappointing" and your future thoughts on company. Q was huge miss imo and to see stock go from $9+ just couple weeks ago to $6.11 today is very concerning, especially when we had two days recently when stock had big 10+ dip in stock price,albeit to recover but stock has been in steady decline lately. Stock has been analyst darling but to me, is now a "show me" stock and likely to languish from here. Sorry longwinded but am I reading to much into results and recent trading, almost seemed like somebody knew Q results were going to be bad and bailed while "the going was good". Thanks as always jb
Read Answer Asked by John on April 01, 2014
Q: Hi Peter and Team, regarding Amaya, AYA, see below (wondr if they'll fool us or surprise us on April 1);

Amaya Gaming Group Inc. (TSX: AYA), an entertainment solutions provider for the regulated gaming industry, today announced that it will host a conference call on Tuesday, April 1, 2014 at 9:00 a.m. ET to discuss its 2013 fourth quarter and year-end financial results. David Baazov, CEO of Amaya Gaming Group Inc., will chair the call. The Company plans to release its financial results after the market closes on Monday, March 31, 2014.

Conference Call Details To participate in the call, please dial 647-427-7450 or 1-888-231-8191 ten minutes prior to the scheduled start of the call. A replay of the conference call will be available until Tuesday, April 8, 2014 by calling 1-416-849-0833 or 1-855-859-2056, reference number 19707175. The conference call will be webcast live at http://bit.ly/1ivgqJD.

Note: the CEO of Intertain was on BNN yesterday and had kind words for Amaya based on their relationship!
Thanks!
Read Answer Asked by Hussein on March 25, 2014