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Playgon Games Inc. (PLGNF)

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0.2000-0.0200 (-9.09%)
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  • l
    lee
    December sequentially up 11 pct over November over 100 pct annual growth. Based on numbers released for October and November I would project approx 30 mill revenue for 2022 assuming standard contracts which is a price to sales of approx 2 for a company with explosive growth. We should find out very soon if my projection is correct.
  • D
    DJB
    Playgon continues momentum with four new operators live.(newsfile Corp. Jan.20'2022)
  • D
    David
    With all the choice in the market… why would ANYONE put their money here.
  • D
    David
    6 weeks and counting until another 33,000,000 free trading shares hit the market.$7800 in revenue last quarter does not support a +70m MC.
  • l
    lee
    its great everytime a short show up this stock moves higher
  • l
    lee
    David thanks for mentioning the market. Playgon has held up the best of all stocks in this area most were cut in half or in a third while playgon is at the same price i bought it at. Intelligent investors see that , money losers like you dont . Do you really think mgt is lying about the numbers as that is what you must be implying . Their cut on gross wagering should be approx 5 pct of the approx 35 pct ratio of total wagered. i doubt you know math very well so ill inform you thats approx 2% revenue for playgon on total of all bets used on their platform. Based on mgt numbers so far gross betting in 2022 should project approx 750 million at 2 pct so approx 15 mill min revenue in first year of open business. Of course that could go much higher depending on new signings. All you keep doing is ignoring mgt numbers and saying people are pumping while you lose more money. I just sold aspire global yesterday a stock i gave many people . It was another double for me.
  • l
    lee
    GGR was over 50 million in October for playgons customers and over 60 million in November for their clients on a pace to double annually. David mentions numbers before the company officially opened up in October for their clients, I mention real numbers . My guess is that playgons cut on that is 10 pct which would be over 5 million revenus in October and over 6 million in November . playgon may be the cheapest stock at a price to sales projected 2022 of maybe 1.5 is my guess. They havnt even opened up yet in Latam and USA and Canada sit back and enjoy the ride David . Best part of this company there is no downside as they could sell to 20 dif companies today for todays market price or more.
  • l
    lee
    What is very impressive if you look on their website they have many new games in development many that the Asian market likes. I hope nobody takes over playgon now because we would only double our money from here. Id rather wait couple years and when our market cap in 250 million we could sell for 500 mill.
    CEO stated they are currently moving to Latin America and USA. Sit back and enjoy as David loses more money. The margins will be huge they have rent and paying a few dealers as their only fixed expenses. I believe GGR could be 1 billion for their customers in 12 month period so at 35 pct margin 350 million profit for their customers so what is playgons cut 10 pct so 35 million revenue in next year. That is only a price to sales of 2 basically on a company that is exploding.
  • l
    lee
    Insiders have been buying last few months including the wife of the chairman of the board. This article is a good synopsis of Playgon. Bye David

    https://equity-insider.com/2021/03/03/deregulation-is-about-to-make-this-gaming-stock-go-crazy/
    Deregulation Is About To Make This Gaming Stock Go Crazy – Equity Insider
    equity-insider.com
  • l
    lee
    Playgon has stated 54 million betting turnover in October its first month fully up and running and approximately 60 million in November a 12pct sequential rise month to month which is insane . Lets
    just say industry average 35 pct profit on gross turnover for their customers is maybe 40 million profit october and november for their customers . Even if playgons cut is only 5 pct of that which i doubt its that low is almost 2 million in revenue first 2 months up and running. Remember how many customers can a blackjack table hold in a casino maybe 5 while Playgon can have how many simultaneously 10 15 25 . Im not sure how many but i know from their sample on sight its at least 10 or more cause they imply that . Could it get to 100 customers on one table im not sure depending on software. Projecting outwards keeping in mind Oct thru feb are busier months I would think annual at least 1 billion betting turnover next 12 months without LATAM and USA and Canada so without them 35 pct of 1 billion 350 million 10 pct of that 35 million revenue Playgon or at 5 pct 17.5 mill first year or if its 20 pct 70 million revenus without USA LATAM and Canada. Sit back and enjoy David and dont disappear. These projections are assuming no new clients get onboarded which is obviously absurd.
  • l
    lee
    Im up 50 pct on this stock since David starting bashing it . I hope hes still here and stays around for the next 50. i would hate to own his portfolio.
  • l
    lee
    Glad David is back were up 10 pct more the day he came back . The numbers for revenue growth are staggering in October and November basically the first 2 months they are up. David is down 50 pct so far Im glad he came back so he can lose another 50 pct as this will clearly double in the near future.
  • D
    David
    Lee, just another paid for write up by the company, says nothing new. Keep pumping!
  • D
    DJB
    Playgon adds 3 new operators for a total of 26 with 8 more operators in the queque and shows continued growth.Looking good
  • D
    David
    Keep PUMPING

    PLAYGON GAMES INC.
    Notes to Condensed Interim Consolidated Financial Statements For the three and nine months ended September 30, 2021 and 2020 (Unaudited - expressed in Canadian Dollars)
    13. REVENUE
    During the three and nine months ended September 30, 2021, the Company generated $5,624 (2020 - $nil) and $7,842 (2020 - $nil), respectively, in licensing and use revenue from its Live Dealer Product. Revenue for the three and nine months ended September 30, 2021 was generated through Malta.
  • l
    lee
    CEO did talk about latam expansion and USA . This should be a great year . Bye David I tried to teach you as im experienced and your obviously not .
  • D
    David
    Vaca and Thanksgiving are a wrap, I see the company has issued quarterly financials, Revenue of $7700 for the period ending September 30th on a market cap of + 85m, LOL. Keep pumping this dog there will be Sellers.
  • p
    peter griffin
    Great news. Sorry David.
  • D
    David
    Lee, Love your guesses but they are just that.... Guesses. Based on the financial statements your numbers are from outer space. FYI, BEWARE, when the euphoria wears off reality sets in.
    Repeating the same story line, over and over, like my 3 year old. Keep pumping
  • l
    lee
    bye bye DAvid