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<title><![CDATA[GREAT CAN GAMING C COM NPV (GC.TO)]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/forumview?bn=84128</link>
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<lastBuildDate>Tue, 22 Sep 2009 17:48:15 GMT</lastBuildDate>
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<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/forumview?bn=84128</link>
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<title><![CDATA[Re: I work for this Casino]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&amp;bn=84128&amp;tid=8&amp;mid=10&amp;tof=1&amp;off=1</link>
<description><![CDATA[Our highlimit rooms are picking up... these rooms are the bread and butter of the business. For sure the next earnings will b better than last quarter. We are even starting to ire some people too.]]></description>
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<pubDate>Tue, 22 Sep 2009 17:48:15 GMT</pubDate>
<author><![CDATA[bullmarket76]]></author>
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<title><![CDATA[Re: I work for this Casino]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&amp;bn=84128&amp;tid=8&amp;mid=9&amp;tof=2&amp;off=1</link>
<description><![CDATA[I agree and placed a bet today, the upcoming 2010 games will get more cash flowing.]]></description>
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<pubDate>Wed, 01 Apr 2009 20:51:08 GMT</pubDate>
<author><![CDATA[Savvy_Guy]]></author>
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<title><![CDATA[I work for this Casino]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&amp;bn=84128&amp;tid=8&amp;mid=8&amp;tof=3&amp;off=1</link>
<description><![CDATA[The Coquitlam, B.C. location. Business is starting to pick up. More patrons showing up and we're getting ready for spring! It's gonna skyrocket soon enough... get them while it is cheap! You can bet on it!]]></description>
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<pubDate>Tue, 22 Sep 2009 17:48:15 GMT</pubDate>
<author><![CDATA[bullmarket76]]></author>
</item><item>
<title><![CDATA[Re: layoff?]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&amp;bn=84128&amp;tid=6&amp;mid=7&amp;tof=4&amp;off=1</link>
<description><![CDATA[I heard this morning on the news that GCC was laying off staff. There were no numbers mentioned but there is increased competition in the local market and a declining economy.]]></description>
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<pubDate>Mon, 26 Jan 2009 17:38:07 GMT</pubDate>
<author><![CDATA[canadawhc2004]]></author>
</item><item>
<title><![CDATA[layoff?]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&amp;bn=84128&amp;tid=6&amp;mid=6&amp;tof=5&amp;off=1</link>
<description><![CDATA[anyone knows about it?]]></description>
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<pubDate>Mon, 26 Jan 2009 17:38:07 GMT</pubDate>
<author><![CDATA[r2dio]]></author>
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<title><![CDATA[More Insider Buying...]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&amp;bn=84128&amp;tid=5&amp;mid=5&amp;tof=6&amp;off=1</link>
<description><![CDATA[by senior officers and directors.

Two local brokerage firms have $8 one year price targets.

Regulated casino operations built on top of prime Vancouver and Ontario real estate...how can we miss?]]></description>
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<pubDate>Fri, 09 Jan 2009 18:32:55 GMT</pubDate>
<author><![CDATA[poorrichardredux]]></author>
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<title><![CDATA[Wynn buys 4.9% of GC]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&amp;bn=84128&amp;tid=4&amp;mid=4&amp;tof=7&amp;off=1</link>
<description><![CDATA[I got this from two different sources...

Has there been a press release?

Interesting move...and the shares are up in a down market.]]></description>
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<pubDate>Mon, 22 Dec 2008 17:37:05 GMT</pubDate>
<author><![CDATA[poorrichardredux]]></author>
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<title><![CDATA[Re: Severely Undervalued]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&amp;bn=84128&amp;tid=2&amp;mid=3&amp;tof=8&amp;off=1</link>
<description><![CDATA[I think over the long term you are correct, however in the short term with a recession/depression on the horizon   the short term is probably not as bright. The company has slowed development in light of recent market conditions which is probably very wise - no reason to be overextended until the outlook brightens.]]></description>
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<pubDate>Fri, 19 Dec 2008 20:13:44 GMT</pubDate>
<author><![CDATA[canadawhc2004]]></author>
</item><item>
<title><![CDATA[Severely Undervalued]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&amp;bn=84128&amp;tid=2&amp;mid=2&amp;tof=9&amp;off=1</link>
<description><![CDATA[having just returned from a trip to Vancouver here are my comments:

Once two of GC's main propeties, River Rock and View Royal are completed adding capacity, GC will easily earn $120 million in cash flow annually.

let's do the vauation math:

9 X $120 = $1.1 billion

(note many gaming companies have changed hands at 11X to 14X cash flow)

Less net debt of $300 million

equals = $800 million.

$800/80 m shs = $10 a share.

Almost 3X the current share price for a duopoly casino in a protected market.

And when more normal multiples return they may even get an 11X on cash flow, increasing the value to $13 a share (4x the current sh price - for a casino business)

Plus they have many other projects coming down the pipeline which will grow their cash flow to $150 million.   The gaming potential in the province of Ontario looks interesting.

And they own all their real estate and the BC Government will reimburse them all the capital they have invested in their casinos in BC over the coming years - what other business does that?   Surely that is reason enough to apply a premium cash flow multiple over other casino operations?

I will not be surprised to see a big US firm head up there and try to convince their 25 % shareholder (maclead) to sell.   I am equally surprised the Icahns or the Gerry Swartz's of the world have not bought big positions and trying to take it over.   GC is just the sort of cash cow these guys love.

In the meantime they can continue to pay down debt and buyback shares.

Can someone explain to me why GC's share price is $3.25?

yes, I own lots of GC shares and buying more.]]></description>
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<pubDate>Fri, 19 Dec 2008 20:13:44 GMT</pubDate>
<author><![CDATA[poorrichardredux]]></author>
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<title><![CDATA[insider buying]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&amp;bn=84128&amp;tid=1&amp;mid=1&amp;tof=10&amp;off=1</link>
<description><![CDATA[major shareholder and CEO continues to add to his already 25% position in GC.

This company is #2 in an oligopoly...in a protected market where the government repays all the capital the operators invest.   How good is that?   British Columbia is the best casino market in North america, maybe the world.

I was just there touring the casinos and they are packed - all of them.   The overall market is growing, especially the asian population.

I would not be surprised to see GC get taken out like Gateway did by a big intl player.   Take-out price would easily be $12 a share.]]></description>
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<pubDate>Fri, 28 Nov 2008 18:09:56 GMT</pubDate>
<author><![CDATA[poorrichardredux]]></author>
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