Opinions Bruce Campbell (2)
The Stars Group IncTSGI.TOWATCHDec 09, 2019
Bruce Campbell (2)Unknown
$31.98
Stock price when the opinion was issued
$37.49
As of May 06, 2020. Market Open.
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HOLD
He has liked it from back in the old days. They made a big acquisition about two year ago that gave them a big footprint in the gaming space. They are merging with Flutter Entertainment in the UK. They will be a powerhouse in the gaming space in Europe. There is deal risk. You may want to sit n the sidelines if you don’t own it or hold on until the final deal price narrows a bit.
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PAST TOP PICK
(A Top Pick Nov 15/18, Up 21%) He's starting to exit it after the merger deal was announced. It's a speculative stock. Some may not buy this because it is in the gambling space and that will hurt the stock. A good time to take some profits.
Andrew PyleOwned
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WATCH
PAST TOP PICK
(A Top Pick May 29/19, Down 8%) He recently added to this. It's a five-year play on the gambling sector that's supposed to grow 20% a year. TSGI has positioned itself well, but investor appetizer is not there right now, hence the pullback in May.
Andrew PyleOwned
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COMMENT
Bought a 2% position in his aggressive portfolio. Looking for a trade. Still has the opportunity to do that. Not a great long-term hold at this point.
Keith RichardsOwned
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PAST TOP PICK
(A Top Pick Sep 13/18, Down 32%) They went out and bought another company and took on a lot of debt which concerns the market. He expects them to aggressively pay down their debt. They signed deals with companies like FOX and the market doesn’t care.
Ryan ModestoOwned
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WAIT
It's close to 52-week lows, but they executed deals last year to be one of the biggest online gambling companies in the world. A fear with TSGI is them loading up on debt to make all these acqusitions. It will take time to pay that off. They've partnered with Fox, which bodes well. It's risky and demands patience.
James TelfserOwned
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WAIT
Looking at the past 5 years, earnings and FMV haven't gone anywhere. They have lots of things on the go. Good upside potential, good balance sheet, reasonably cheap, but give me some excitement. If online gambling gets passed in the states, maybe something will get going. Needs a catalyst.
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GC-T vs. TSGI-T. They trade at significantly different multiples: 20 times vs. 10 times. TSGI-T has a bigger international perspective, but has more competition. He would prefer TSGI-T if they get their merger done.