Entertaining Gaming Asia Inc (fka EGT) (EGT)

[Cool_Trades]

** $EGT ** ANNOTATED DAILY CHART:

Please read all annotations:

[cadillac107]

Lets not get carried away now. The only thing that that the market guarantees with absolute certainty is that it will fluctuate.

[marirstk]

$EGT guaranteed to hit 1+ dollar in the coming sessions.

Buying interest us increasing day after day. New investors every day.

$EGT a strong buy and poised to run on monday morning.

Lot of news on the way. Stay tuned.

Dont forget to buy more on pullback.

[Qwikprofit]

My thoughts are that this baby's movin like a mini lvs....$1 May 15th

[marirstk]

$EGT: any thoughts on Friday closing.

1+ dollar in coming sessions.

[marirstk]

$EGT: 0.80 short term target based on Barchart.com


1+ dollar in coming sessions.

http://www.barchart.com/cheatsheet.php?sym=EGT

[Qwikprofit]

MPEL>Y.Chung>EGT=$ucce$$

Holding Strong, I wish everyone here glad tidings :)

[marirstk]

$EGT target is 1+ dollar in the upcoming sessions.

4 year chart breakout is very significant.

May 9th 2012 marks the opening of Dreamland Pailin Casino.

First quarter 2012 results on 1st week of May 2012.

Sokha resort - 250 machines online already.

0.53 close on last friday is very significant and investors will try to buy early monday morning.

EGT will gap open above 0.60

1+ dollar soon.

[SwingKing]

IMO EGT is one of the strongest plays on the AMEX right now. The next few weeks should be very interesting around here.

[tradeho]

EGT... #1 %gainer on the AMEX

[Troy Lando]

EGT very strong close today

[marirstk]

$EGT at 0.52 Up 0.06 (Up 12.83%) 3:42PM EDT - Nasdaq Real Time Price

$EGT will gap open on Monday morning.

0.70 - 0.80 target will be hit next week.

1+ dollar is possible by May 9th 2012.

[marirstk]

$EGT chart is getting closer to a break out.

0.70 - 0.80 price range will be here in a couple of good sessions.


PSionic Trader: Please share your thoughts on the daily chart over the last 20 -30 days.

Nice Price consolidation and a breakout looks imminent.

[marirstk]

$EGT chart is way oversold.

Big bounce is imminent.

1.20 - 1.40 target for $EGT.




http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74125084

[marirstk]

$EGT is a Winner.

I don't work for $EGT but i have a fantastic growing company just about to fire on all cylinders.

Any one who followed my advice from last 3 months will be sitting with over 100 % profit now.

Time will tell. This is a multi year chart break out.

1+ dollar is a given for 2012. Timing and Market conditions will determine the exact timing of these events.



Reasons to buy EGT:

Sokha Resort - 250 machines coming online.


Dreamland Pailin Casino Resort opening on May 9 th 2012.


First Quarter 2012 results between May 10-20 2012 (guestimate based on prior years)


Dreamland Kampot Construction progress and ultimate opening in Summer 2012.


Phillipines Turn around story.


Entertainment Gaming Asia Announces Plans to Develop and Operate a Slot Hall in Poipet Near the Cambodia-Thailand Border
- New Strategic Project Expected to Contribute to Near-Term Earnings and Deepen Footprint in the Indo-China Gaming Market



Debt will be Zero by December 2012 despite the capes spending.



Revenue will go up. How much is the trump card? I bet its going to be positive. Casino's are hot in Asia with increasing disposable income. 21st Century belongs to Asia.


Profits will go up.

[Banks]

Do you work for EGT? You sure pump a lot.

[marirstk]

$EGT breakout Alert: Higher Prices ahead.


Look at the chart joining the lows and the highs for last 30 days.

A big break out is imminent. $LVS hit a new 52 week high.

Casino Stocks will be on fire in the coming sessions. Today's market sell off is over done.

Buyers will be right back tomorrow.

$EGT: 1+ dollar is coming next. Buy now and Profit.

[marirstk]

$EGT will soon follow $LVS which hit a new 52 week high.

$EGT will soon trade in 0.70 - 0.80 range.

Buyers will soon swamp $EGT and take us higher.

[marirstk]

$EGT will fire higher soon.



LVS is Up already.

[marirstk]

$EGT price and volume alert.

Price closed at 0.48

Dreamland Pailin Casino opens May 9th 2012.

[BCIT]

My thoughts as well

[marirstk]

$EGT: I think the whole Casino sector will fire next week including my little darling $EGT.

But the returns in $EGT will be big and handsome.

The $EGT should hit 0.70 - 0.80 easily next week.

Volume Alert is on for $EGT in the coming sessions.

I am accumulating at these levels.

[BCIT]

If I remember correctly, I think LVS was upgraded by s&p this last week...cant hurt EGT imo..watching the sector as well

[Psionic Trader]

that I would agree on. very easy to predict.

gotta love stocks that...... behave~ ;)

$EGT chart is so beautiful and easy to predict. One more heavy volume day, we are on target and ready for the big move to 1+ dollar.

[marirstk]

$EGT: 0.70 - 0.80 is my first leg target.

$EGT chart is so beautiful and easy to predict. One more heavy volume day, we are on target and ready for the big move to 1+ dollar.

Hopefully some big news comes out.

Finished Dreamland Pailin Casino pictures should be very interesting to watch.

That should be the driver for higher prices.

1st quarter 2012 numbers should be out in a couple of weeks. A blow out quarter based on my research.

Lot of catalysts on the way.

[Psionic Trader]

EGT chart

chart patterns looks like it's headed to $.75~$.79 on this particular leg.

[marirstk]

Why $EGT opens Dreamland Pailin Casino on May 9th 2012.

click here for more info


EGT announced 1st quarter 2011 results on May 16th 2011.

So we will get the 1st quarter 2012 results around the same time this year and also some news about the WUD numbers from their new and recently opened Dreamland Pailin Casino (May 9th 2012)


Also initial numbers from SOKHA resort will be out.

All these key events sets up the next few weeks for a beautiful run higher into 1+ dollar.

EGT is extremely cheap at these levels.

Casino is the hot sector the investors are jumping into.

[marirstk]

$EGT will announce 1Q 2012 results - stellar numbers.

Whisper number is a big positive one based on their Roth presentation.

It's expected in a few weeks.

Watch for a big run before that.

[marirstk]

$EGT : Form 8-K for ENTERTAINMENT GAMING ASIA INC Released.



biz.yahoo.com/e/120405/egt8-k.html



On April 2, 2012, Entertainment Gaming Asia Inc. ("EGT", "we", "us" or "our") issued a press release announcing that, amongst other matters, it had entered into a Machines Operation and Participation Agreement on April 2, 2012 (the "Participation Agreement") with a Cambodian company which owns and operates an existing casino in Poipet, Cambodia (the "Casino") near the Thailand border and a Cambodian individual, who is the controller of the said Casino operating company and owner of two parcels of land on which the Casino is located (the "Land") (the Cambodian company and the Cambodian individual are collectively the "Local Partner"). The press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated into this Item 1.01 by reference (the "Press Release").

On April 2, 2012, Elixir Gaming Technologies (Cambodia) Co., Limited, one of our wholly-owned subsidiaries, entered into the Participation Agreement with the Local Partner. Pursuant to the terms of the Participation Agreement, the Local Partner has agreed to allocate part of the Land with an area of approximately 1,500 square meters to us for development and construction, at our own design, budget and cost, of a slot venue on the Land which is capable of placing and operating approximately 300 electronic gaming machines therein. Upon completion of the slot venue, which both parties agreed to use their reasonable endeavours to complete the same by December 31, 2012, we will have the exclusive rights to operate and manage the venue and the machines placed therein under our "Dreamworld" brand (the "EGT Slot Hall") provided that we and the Local Partner will share the win per unit per day (the "WUD") from all the machines placed at the EGT Slot Hall and certain operating costs related to marketing and floor staff at a 40% / 60% split, respectively. WUD from all the machines will be collected by us and distributed to the Local Partner on a monthly basis and the Local Partner reserves the rights to audit our books that related to the operation of the EGT Slot Hall. In case there is any operating loss suffered by the business of the EGT Slot Hall in any month, such loss will be carried forward and set off against the positive revenue in subsequent months and distribution to the Local Partner will only be made when there is a net positive revenue from the business.

Capital expenditures for the EGT Slot Hall, which principally include the development and construction of the facility and gaming equipment, are projected to be approximately $7.5 million, including an estimated $5.0 million to source top of the line gaming machines. We expect to provide the required gaming machines through the purchase of new and used machines as well as machines from our inventory. We are responsible for all capital expenditures for the EGT Slot Hall, which we intend to fund through our internal cash resources.

It is agreed that EGT Slot Hall will be treated as an extension of the Casino and will connect to the Casino's table game floor. In this respect, our Cambodian counsel has confirmed that we shall be allowed to operate the EGT Slot Hall under the Local Partner's existing gaming license for the Casino. Under the Participation Agreement, the Local Partner has an obligation to maintain the validity of the gaming license for the Casino, at its sole cost, throughout the term of the Participation Agreement.

The Participation Agreement is for an initial five year term commencing from the date of the live operation of the EGT Slot Hall (the "Initial Term") and thereafter, we have an option to renew the term for an additional five year period (the "Renewal Term"). During the Initial Term, our exclusive rights to place and operate machines in the EGT Slot Hall are guaranteed. If the total gross revenue (before deduction of certain joint expenses and revenue sharing) generated by the machines at the EGT Slot Hall (the "Gross Win") during the last year of the Initial Term is equal

to or more than $8 million or if the total accumulated Gross Win for the last three years of the Initial Term equals or exceeds $20 million, then we will continue to enjoy the same exclusive rights during the Renewal Term. If, however, none of the said financial milestones are achieved and if the Local Partner has a genuine development plan for developing the portion of the Land on which EGT Slot Hall is built, then the Local Partner shall be entitled to serve not less than 6 month notice on us requiring us to relocate our slot operation to such other Local Partner's properties as designated by the Local Partner. Failure to achieve all financial milestones will not jeopardize our rights to exercise the option for the Renewal Term and may not necessarily result in a relocation of business.

The Participation Agreement contains customary provisions on early termination by either party due to certain force majeure events, which include, but are not limited to, any introduction of new laws or regulations prohibiting the gaming operations of the Casino and any material breach of the terms of the agreement by the other party. In addition, without prejudice to our rights to seek any other remedies, if we are required to move out from the operation of the EGT Slot Hall as a result of the breach of the Participation Agreement by the Local Partner, and if this occurs before the end of the second year of the Initial Term, the Local Partner has to reimburse us for the full amount of all the costs of construction of the building of the EGT Slot Hall and if this occurs at any time between the third and the last year of the Initial Term, the Local Partner has to reimburse us for 60% of the relevant construction costs.

The foregoing is only a summary of the Participation Agreement. The full text of the Participation Agreement and the Press Release is included as Exhibit 99.1 and 99.2 to this report.



Item 9.01 Financial Statements and Exhibits.
The following exhibits are filed as exhibits to this Current Report on Form 8-K:

Exhibit
No. Description Method of Filing

99.1 Machines Operation and Participation Agreement Filed
dated April 2, 2012 between the Registrant and electronically
Mr. Kok An, a Cambodian individual and Crown herewith
Resorts Co., Ltd.

99.2 Press release dated April 2, 2012 Filed
electronically
herewith

[marirstk]

EGT is heading to 1+ dollar by May 9th 2012.

It only takes a couple of good days to get there.

Volume is very low at lower prices and expanding at higher prices.

Good sign of upcoming higher prices.

[carmine_langone]

i now agree

[MEA_1956]

EGT === sooner or maybe later you will have to change your thoughts of EGT. $$$$$$$$ 2 dollar land here we come. YAAAAAAAAAAAAAAAA!!!!!!!!!!!!!!

[marirstk]

Thats a symptom of $EGT going higher.

Sellers just disappeared at lower levels. Very clear that $EGT is going to next trading zone.


1+ dollar is coming.

[carmine_langone]

how about that EGT today LATE DAY TURN AROUND IN A DOWN MARKET

[Stream205]

Added a bunch more today.


This is gonna go nicely above a buck in coming months.

Just a very nice little play

[Reptos]

Added more today.I have confidence in where we are heading.

[Reptos]

Patience is the key here.

[Stream205]

The Yak Man delivers. CEO a big plus.



EGTs CEO is one of the most highly regarded up and comers in the global gaming industry.

He was put in place by MelCo a few years ago to turn EGT around and make it into a force in the booming S.E. Asian gaming sector.

Well, there can be no doubt that EGT is indeed in full turnaround and big growth mode.

EGT is about to power higher and you can thank The Yak Man for that extra cash in your portfolio.

Take a look at this serious resume.

Forbes bio:
http://people.forbes.com/profile/clarenc...

[carmine_langone]

GREAT NUMBERS GREAT NEWS TODAY

[Troy Lando]

EGT News - New Strategic Project Expected to Contribute to Near-Term Earnings and Deepen Footprint in the Indo-China Gaming Market


http://finance.yahoo.com/news/entertainment-gaming-asia-announces-plans-123000326.html

[Reptos]

I tend to agree with you.I see no reason for EGT not to bust through a buck.Hoping to load more cheapies under .50,before things get serious here.I like that it's relativey undiscovered among the Ihub crowd also.Happy trading.

[marirstk]

$EGT: Dreamland Pailin Casino March 31st 2012 construction pictures updated.

http://www.elixirgaming.com/CasinoPailin_2012-03.html

Almost done and ready for open on May 9th 2012.

5 weeks to go. Just can't wait for the initial WUD numbers.

Casino will look lot beautiful after painting, interior decoration, landscaping, etc.

Bring it on. It's not over yet.

Dreamland Kampot Casino opens in a couple of months from there.

Dreamland Takeo Casino, the biggest of all will come after that. So the pipeline of casino projects lined up beautifully.

Constant News flow will levitate the stock higher to 1+ dollar.

[Troy Lando]

Looks like EGT updated pics for March

http://www.elixirgaming.com/CasinoPailin_2012-03.html

[marirstk]

$EGT will hit 0.50's pretty soon.

There is no resistance until 1.25

0.65 will be retested initially. Then its all clear.


$EGT can spike higher when buying interest picks up momentum. Market maker has no choice but to let $EGT run.

You can't stop the inevitable run higher to 1+ dollar.

$EGT will have a good April 2012 before the opening of Dreamland Pailin Casino on May 9th 2012.

Sokha Resort comes online with 250 EGM's in April 2012.

I am anticipating another big run soon.

Dont forget to check out the updated casino pictures on April 1st week.

Lot of drivers for a move up.

[Reptos]

Got funds clearing Tues & Wed.Buying more of this gem if you guys don't run it too high.What a beaut!

[MEA_1956]

Not from the start, don't even remember where I found you, but you are right. I've seen 100% come and I've seen 100% go, now I'm looking for the 200% marker.

[Troy Lando]

EGT 10k 74% revenue 149% gaming revs

Old Basis % Change
Years Ended December 31, From 2009 to
(amounts in thousands,
except per unit data) 2011 2010 2009 2011
Total:
Revenues $ 27,129 $ 22,205 $ 15,623 74 %
Gross profit/(loss) $ 10,204 $ 6,510 $ (2,253 ) NM
Gross margin percentage 38 % 29 % (14 )%
Operating income/(loss) (2) $ 847 $ (5,686 ) $ (27,896 ) NM
Net income/(loss) $ 642 $ (5,210 ) $ (26,359 ) NM
Adjusted EBITDA (1,2) $ 11,737 $ 8,350 $ 140 8,284 %

Gaming:
Revenues $ 17,396 $ 14,312 $ 6,998 149 %
Average net win per unit (3) $ 140 $ 117 $ 89 57 %
Gross profit/(loss) $ 8,817 $ 5,533 $ (4,107 ) NM
Gross margin percentage 51 % 39 % (59 )%

Other products:
Revenues $ 9,733 $ 7,893 $ 8,625 13 %
Gross profit $ 1,387 $ 977 $ 1,854 (25 )%
Gross margin percentage 14 % 12 % 21 %




Old Basis % Change
December 31, From 2009 to
(amounts in thousands) 2011 2010 2009 2011
Cash and cash equivalents $ 12,759 $ 10,217 $ 4,190 205 %
Total debt (4) $ 6,211 $ 9,202 $ 9,393 (34 )%

http://biz.yahoo.com/e/120330/egt10-k.html

[marirstk]

$EGT will have a good April 2012 before the opening of Dreamland Pailin Casino on May 9th 2012.

Sokha Resort comes online with 250 EGM's in April 2012.

I am anticipating another big run soon.

Dont forget to check out the updated casino pictures on April 1st week.

Lot of drivers for a move up.

[SwingKing]

Well we didn't print a new 52 week high but after investors read this 10K I don't think it'll be long.

[marirstk]

$EGT: Patience is very important.


This is not some hit and run stock. $EGT will run over 1+ dollar as investors start understanding the business.

Key to Success:


1. Research the Company and understand the business

2. Look for any upcoming positive developments which can increase Revenue, Profit

3. Set your Target Price and Timeline.

Remember no stock goes up in a straight line for that matter 300 - 400%. We already had 150% move recently.

$EGT is consolidating the gains and i like the low volume on Pull backs/Correction.

Heavy Volume on the upside is very positive.

Timing the short term moves are next to impossible and Guaranteed to go wrong.

Remain patient and the next break out will come soon.


I have 1+ target by the end of summer 2012.