SwingTrade Member Forum

[Rawnoc]

EGMI 1/18/09 update

EGMI potential 5+ bagger based on current & exploding results, consistently beating and raising guidance every quarter. In addition to making money hand over fist, they are debt-free & cash-rich with healthy margins. Guidance is +.10 EPS for 2008, +.14 EPS for 2009 (40% growth) while forecasting long term they expect growth to be "more aggressive than 40%."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33494172

With a PE of less than 5 for 2009, EGMI is a multi-bagger in the marking IMO.

(1) Recently, Lord Steinberg has been appointed as Executive Chairman of the Board. He has a very impressive background in the gaming industry. His contacts and industry experience are likely to expand EGMI's growth. In addition, he has been buying large blocks of shares in the open market.
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=29832911

(2) EGMI recently signed a five-year licensing agreement for distribution into Native American Indian-owned Casinos and Lotteries. It implies approximately an additional $0.02 in pre-tax earnings for 2009. This may not be factored into the guidance identified above:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32191035

(3) EGMI has an investment in a mobile phone company that may provide a sizeable gain as they have plans to IPO in the near future.

(4) EGMI is expanding into games and toys. Their first product in this area is a game for the very popular children's series "Thomas and Friends."
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=30699277

(5) EGMI is considering a stock buyback program due to the fact that they are sitting ontop of so much cash.
(info taken from conference call)

(6) Electronic Game Card Started At Buy By Roth Cap
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33515746

(7) EGMI just hired two hot-shot executives with extremely impressive resumes to the CEO & VP of sales positions:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34216064

(8) New executives forecast a goal of $100 million in realistic annual sales:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34216606

More EGMI DD & INFO:
http://investorshub.advfn.com/boards/board.aspx?board_id=6737&mdc=25583