SHFL at around 17 + Now

I guess the poster who was complaining about it being at 10 should have been rejoicing instead while he loaded up the truck.

Holdem Challenge has resumed it trial with some important fine tuning. The trial has been moved to the Horseshoe in Vegas. If it is a successful game it should be worth at least five points to SHFL's stock price.

David,


If it is successful, how did you determine the the five point increase?

He should have an idea of what "successful" is. This leads to a revenue projection with some sort of growth rate for the game. He would then discount the lifetime profits for the game back to todays dollars. Last he would divide that number by the number of shares outstanding to come up with a dollar value.


Hope this helps....

Did some math. 5 points is equal to about $90 million "today" dollars in profit over the life of the game. This is above and beyond whatever the market has already factored in.