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Boyd Gaming Corporation Message Board

  • shortexposer27 shortexposer27 Aug 8, 2011 12:39 PM Flag

    BYD book at 13.83

    Some great prices to get shares. With oil and gas prices going much lower, the gaming sector should benifit from the lower gas prices. Gas at 3-3.10 is like a huge tax cut for the consumer.
    BYD should rebound nicly when the sellers are finished.

    3 hours 12 minutes ago - Comtex SmarTrend(R) via Comtex
    Comtex SmarTrend(R)
    Below are the top five companies in the Casinos & Gaming industry as measured by the price to book ratio. Often companies with the lowest ratio present the greatest value to investors.

    Boyd Gaming (NYSE:BYD) has a price to book ratio of 0.5x based on a current price of $6.30 and a book value per share of $13.83.

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    • fastmoneyla Aug 9, 2011 12:35 PM Flag

      Buying and looking to load up. Nice up-side and great mgt.

      Also, oil dip will add rev.

      • 1 Reply to fastmoneyla
      • DISCLOSURE-long BYD- just letting you know before I get bashed.

        The $13 BV can disappear really fast in a write off or two so just be aware. I wouldn't put the true BV that high as someone would have already raided the BYD gaming company if they could get close to that price for each share.

        Having said all of this it maybe a good take over candidate for someone looking to expand since the current market price in only about 1/2 billion. Drawback is-the properties are getting old for the most part and need maintenance and upgrades. So the $6/share right now maybe a fair price.

        I am holding onto my shares and on any more serious dips may add to my position since I think $9-$10 share maybe a fair price on a takeout.

        All the above IMHO.

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