About Asia Entertainment & Resources Ltd.
AERL, formerly known as CS China Acquisition Corp., acquired AGRL on February 2, 2010. AGRL is an investment holding company of subsidiaries and related promoter companies, operates
as a VIP gaming room promoter in Macau, China, the largest gaming market in the world. The company currently promotes VIP gaming rooms at four Macau casinos:
Galaxy Star World Casino (Downtown, 12 tables),
Galaxy Resort Macau (Cotai, 12 tables)
City of Dreams Macau, a Melco Crown property (Cotai, 5 tables)
Sands Cotai Central,three tables plus a private room for a total of (4 tables).
Insider trading history with 6K filing
· On May 20, 2011, Sylvia Lee purchased 20,000 of the Company's shares for an average price per share of $7.30.
· On May 19, 2011, Lam Man Pou purchased 15,000 of the Company's shares for an average price per share of $7.42.
· On May 19, 2011, Vong Hon Kun purchased 10,000 of the Company's shares for prices per share ranging from $7.32 to $7.52.
· On May 18, 2011, Lam Man Pou purchased 10,000 of the Company's shares for an average price per share of $7.04.
· On May 18, 2011, Vong Hon Kun purchased 20,000 of the Company's shares for prices per share ranging from $6.26 to $7.38.
· On May 17, 2011, Lam Man Pou purchased 30,000 of the Company's shares for an average price per share of $5.91.
· On May 17, 2011, Vong Hon Kun purchased 20,000 of the Company's shares for prices per share ranging from $5.90 to $6.04.
Analyst Coverage
Sterne Agee - July 15th 2011 - Buy rating - lowered target to $16 on July 8th 2012
Janney Capital Markets - January 3rd 2012 Initiating with a Buy rating - $11 fair Value, lowered to $6.5 on Aug 13th 2012
Stifel Nicolaus - February 13th 2012 - Initiating Coverage with a Buy Rating and $12 Target Price. Reduced to $9 on July 23rd 2012.
Maxim Group - March 23rd 2012 - Initiates Coverage - Buy - Price Target: $12
Sidoti - June 11th 2012 - Initiates Coverage - Buy - Price Target: $13
Analyst Reports
Contact Stifel Nicolaus for that report.
others at
http://ir.aerlf.com/analystreports.cfm
Monthly Gross Revenue from Games of Fortune (for all in Macau)
http://www.dicj.gov.mo/web/en/information/DadosEstat_mensal/index.html
News source
http://www.macaubusiness.com/gaming/
New Source (general news in English)
http://www.macaudailytimes.com.mo/
News Search
https://www.google.com/search?hl=en&gl=us&tbm=nws&btnmeta_news_search=1&q=Macau+VIP&oq=Macau+VIP&aq=f&aqi=&aql=&gs_sm=s&gs_upl=0l0l0l1782l0l0l0l0l0l0l0l0ll0l0
RCT totals
Apr 2013 - US$1.47 win 2.46%
Mar 2013 - US$1.53 win 2.19%
Feb 2013 - US$1.29 win 3.54%
Jan 2013 - US$1.26 win 4.27%
Dec 2012 - US$1.30 win 2.62%
Nov 2012 - US$1.26 win 2.11%
Oct 2012 - US$1.47 win 4.25%
Sep 2012 - US$1.249 win 3.39%
Aug 2012 - US$1.471 win 3.19%
Jul 2012 - US$1.310
Jun 2012 - US$1.365 win 4.08%
May 2012 - US$1.559
Apr 2012 - US$1.758
Mar 2012 - US$1.767
AERL's Rolling Chip Turnover for 2012 was US18.23 billion 18.23 (an average of $1.52 billion per month), down 9% year-over-year | AERL's Rolling Chip Turnover for 2011 was US$19.932 billion (an average of $1.661 billion per month), up 91% year-over-year. Macau gross gaming revenue increased 42% for 2011.
AERL's Rolling Chip Turnover for 2010 was US$10.424 billion, up 101% year-over-year, compared to US$5.193 billion for 2009. | | |