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MGT Capital Investments, Inc. Message Board

  • tobydoginhs tobydoginhs Dec 20, 2013 7:24 AM Flag

    The "re-create or buy" decision

    I have read several dire decisions about how low MGT stock will go.
    These forecasts are from good and bad stock analysts, who forget
    one very big business principal. If a business decision maker wants
    a business entry into a new type of business, he has two choices;
    he can re-create existing technology, or he can buy existing
    technology. If he makes a buy decision but it then appears that a
    competitor is trying for bargain purchase, additional competitors will
    submit competitive stock purchase bids until buying costs are
    equal to re-creation costs. So a word to all you short sellers and dooms
    day thinkers, factor in the "re-create or buy" potential or risk a very
    bad one day shock. The conference emphasized asset value, and
    Ladd said one important thing "I an a shareholder too." So management
    of MGT may not be adverse to selling assets. I will make no attempt
    to estimate the re-creation value of MGT assets. I will leave that
    to replies to this blog.

    Sentiment: Buy

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    • Good points. Also, MGT just started their patent lawsuit in 2012, and began acquiring skilled gaming-gambling business over the space of the last few months. The lifecycle of the companies they have acquired is in the poised-to-grow phase. So you can't count against them for not having acquired companies already raking in millions, but you have to judge them on the combination of talent and the start-up applications that have been launched or which are about to be launched.

      The MGTPlay website indicates they will go live at the beginning of January 2014. I signed up via email to receive updates so I can identify the initial launch announcement date. Also, some type of partnering agreement is expected to come out in 1Q 2014 on their NJ casino internet gambling license. Both of these are serious developments coming soo and you won't want to be chasing the stock after announcements. GLTA.

      Sentiment: Strong Buy

    • From slide 5 on the latest presentation under Corporate Strategy:

      Monetize: “Buy to sell” or operate for free cash flow.

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