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Well we didn't print a new 52 week high but after investors read this 10K I don't think it'll be long.
$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.
You are a fickle type of guy!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73784336
$EGT closed at 0.45 Up 0.05 (Up 12.50%)
Any one who followed me from the beginning is sitting with over 100% profit.
I am still in and i am going to be here until the summer of 2012.
I will re evaluate after the initial WUD numbers come out from Dreamland Pailin Casino and Sokha Resort.
$EGT is a Winner. No one can guarantee the timing. But 1+ dollar is surely guaranteed.
All the stars are lining up positively.
THIS 10K IS AMAZING WOW TIME TO BUY MORE
10-K....Strong.
Also.....pics of casino will be out on Monday.
http://biz.yahoo.com/e/120330/egt10-k.html
You really want us to believe that you've spent tens of thousands of dollars on this stock in the past few weeks?
$EGT: 0.63 close is coming.
I have been behind this stock from 0.22 and have not sold anything so far. In fact added another 40,000 at 0.41 today.
I have done my research and i am holding on to it. This is my 3-5 months play. We had such a great run in just 20 days.
Imagine where we will be in 3 - 5 months. I bet over 1+ dollar.
Again there is no guarantee. Do the research and play safe.
EGT is a good growing company. Even if we are wrong, its just matter of timing.
This company has lot of growth ahead.
I am in until the casinos open. I Strongly believe higher prices are coming.
4 year chart breaking out is not fun.
We will make new high soon.
I'm no expert with P&F charts but tomorrows looks good for EGT. Calling for a "Bullish Catapult Breakout". They made the same call on the 20th. Just looks like a bunch of X's and O's to me but some folks swear by it. Calling for a high of .63 so why not take a leap of faith and throw in my 2 cents? If we get the volume we got on the 20th moving up .25 is not out of the question. IMO
lol im down 20% in a week i doubt this will happen i was pumped and dumped on
$EGT: How did you say that? Why tomorrow?
Tomorrow will be a new 52 Week High for EGT.
GLTA
$EGT: Oversold. It will bounce above 0.50's soon.
Lot of catalysts in the pipeline.
This is just a correction in the long run towards 1+ dollar.
Nothing goes up in a straight line.
$EGT will be back above 0.50's very soon.
Agree~ Thats a NICE buy down there, I scooped some down there as well :) Looks ok to me , waiting for bigger days ahead soon.
Flex
$EGT: I bought another 30,000 EGT at 0.41.
We will soon have a 10-20 % move up day and back above 0.50's
They are shaking out the weak hands.
Who the hell is pumping, You see more than 3 people posting this? You wanna see a pump I will send you a few! This is just consolidating that big run up and this Continually bounces from the mid Bollie. If it loses support at 38 back to 25 she goes!IMO
we keep hearing 60 , 70 , 80 cents its 40 cents lol pumped and dumped
Why the big drop today! Anyone got a clue?
NOS, If you are reading this, buy $EGT on pullback.
We will see 0.50 print very soon.
As always do the research first and then jump.
Nothing is guaranteed in life. I am still holding all my $EGT shares.
I will re evaluate after May 9th 2012.
pumped and dumped im sorry i bought this
I am holding $EGT shares still. Not 1 shares sold.
I would buy more on declines. unfortunately short of money now.
OK Bob, impressive chart. Look at the last 2 weeks :(
Flex
EGT is LOOKING like SHIT bro! You got a different chart or is yours upside down?
Flex
$EGT going higher. Correction is over.
We will visiting those 0.60's level now.
EGT === We just traded 7 days outside the top of B B's. Sideways is your Friend. we need to tame the trend and keep it in reach of our time line. I can wait til we have a grand opening, I like all the bells & whistles.
Nice blocks trading daily now, ADDing as well AM :)
Flex
$EGT will bounce up tomorrow. Nice Consolidation in last 5 days.
Now we go higher.
Shakeout before the breakout. Accumulation today by big institution.
As Bob Barker used to say, "C'mon down!"
I, for one, shall be buying in the morning as I should have some available funds ready.
No pump here, we just bought top of RSI bro, correcting itself now and not losing Too much. Average down or cut your losses and re-load if the dip continues. I think we are safe as the same guy has loaded 200k at.50 all week first thing.
Flex
$EGT: Just hold and don't get nervous. I am holding mine. This is just a small correction in the bigger run that's still going on.
We will retest 0.65 at the minimum. 1+ dollar stock by summer.
A lot of catalyst still on the way. Nothing goes up in a straight line.
Just my opinion.
WAS I PUMPED AND DUMPED? DOWN EVERY DAY SINCE I BOUGHT :(
$EGT: Great opportunity to accumulate at 0.46 - 0.50
$EGT will revisit 0.60's and 0.70's soon once the consolidation is over.
My feeling is that short term basing is almost done and we will have another good run starting very soon.
Lower volume as well, hope we turn things back up as I assumed there would be consolidation.
Flex
$EGT: Will bounce up Strongly tomorrow.
This is the shake out before the break out.
I strongly believe the consolidation is getting over.
NOT A GOOD DAY TODAY
$EGT: Casino stocks tend to rally before a new casino opens, and then deflate afterward. But that might not be the case with Las Vegas Sands’ (LVS) new Cotai hotel, which is expected to open in early April, writes Stifel Nicolaus analyst Steven Wieczynski.
http://blogs.barrons.com/stockstowatchtoday/2012/03/26/las-vegas-sands-new-casino-should-propel-stock-says-analyst/?mod=barrons_msnhttp://online.barrons.com/article/BL-SWB-24936.html?
$EGT: 0.65 high will be reached and will be surpassed soon.
0.70 - 0.80 target on the first leg.
1.20 - 1.40 target on the second leg.
$EGT is a strong buy at 0.52 by American bulls and barchart.com
MACD is going to turn positive on monday. It is going to do
No delisting required for AMEX.
All listing requirements are met.
Please google AmEX listing requirements to confirm yourself.
DOES EGT HAVE ANY CONCERNS ABOUT GETTING DELISTED ? DO TO SHARE PRICE
$EGT 0.52 was a pretty strong close.
Its in strong hands now. We will move swiftly higher.
Volume has exploded on a 4 year chart break out.
Very significant move. 0.52 weekly close is even more significant.
$EGT poised to run to 1+ dollar. Lot of catalysts coming.
Dont be surprised to see $EGT trading in 1+ dollar range.
$EGT will break 0.57 this week. MACD is basing and is turning positive on a daily basis.
$EGT: I Am expecting a similar run into the 0.60 - 0.70
Troylando. You simply nailed it. Awesome. Good luck to all your investments.
Even MACD is basing and about to turn positive. Very positive for stock.
We should see a similar action like last 3 weeks.
Run.. Run.. Run for first 3 days of week and consolidate the reminder of week.
EGT next week
.57 first then .65 next blue sky
EGT: Buy Confirmed American Bulls
http://americanbulls.com/StockPage.asp?CompanyTicker=EGT&MarketTicker=AMEX&TYP=S
as cramer usual, he will recommend egt when above $5 ah share. imho
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About Entertainment Gaming Asia Inc.
Entertainment Gaming Asia Inc. (NYSE Amex: EGT) is a leading provider of electronic gaming machines on a participation basis to the Pan-Asian gaming industry. The Company secures long-term contracts to provide electronic gaming machines and related systems to premier hotels and other well-located gaming venues in Asia. The Company retains ownership of the gaming machines and systems and receives recurring daily or monthly fees based on an agreed upon percentage of the net gaming win per machine and provides on-site maintenance. Entertainment Gaming Asia Inc. is also engaged in the development of casinos in the Indo-China region where it intends to own and operate casino resorts under the "Dreamworld" brand. For more information please visit www.EGT-Group.com.
www.EGT-Group.com
About Our Company » Vision, Mission, Values » Contact Us » Gaming Operations » Dolphin Subsidiary » Markets Pailin Project Updates
Senior Management
Team
» Board of Directors » Committee Charters » Code of Ethics » Communication with the Board of Directors
Stock Information
» View Press Releases Archived » Webcasts » Financial Information » Annual Reports » Company Presentation
» Events Calendar » General Information » Request Information » Legal Disclaimer
Contact Us
United States
40 E. Chicago Avenue, #186
Chicago, IL 60611-2026
USA
Tel: (312) 867-0848
E-mail:
tracimangini@EGT-Group.com
Hong Kong
Unit 3705, 37/F The Centrium,
60 Wyndham Street,
Central, Hong Kong
Tel: (852) 3151-8000
Philippines
Unit 31-A, 31/F Rufino Pacific Tower, 6784 Ayala Avenue,
Makati City
Philippines
Tel: (632) 856-6856
Cambodia
Unit 8 & 9 Ground Floor
Hotel Cambodiana North Wing,
313 Sisowath Quay,
Phnom Penh, Cambodia
Tel: (855) 12-832-574
Australia
600 Waterdale Road
Heidelberg West
Victoria, Australia 3081
Tel: (613) 9455-3933
Gaming Participation: Our primary operations currently consist of purchasing and leasing electronic gaming machines on a revenue sharing (participation) basis to the rapidly growing and emerging gaming markets in Pan Asia. Our strategic presence and focus is on Cambodia, where we brand our operations Dreamworld, and the Philippines. We secure long-term contracts to provide electronic gaming machines and related systems to premier hotels and other well-located gaming venues in Asia. We retain ownership of the gaming machines and systems and receive recurring fees or either a daily or monthly basis based on an agreed upon percentage of the net win per machine and provide on-site maintenance.
Casino Development and Operations: Leveraging our market expertise and the "Dreamworld" brand from our gaming machine participation operations, we intend to expand our gaming operations and become an owner and operator of our own regional casinos under our "Dreamworld" brand in select emerging markets in the Indo-China region. This approach allows us the potential for higher long-term incremental returns on our operations given the ability to collect up to 100% of the net win of our gaming stations. In addition, it provides us greater long-term control of our operations.
Currently, we have secured three casino projects in Cambodia. Two of these project are located near the Vietnam border in the provinces of Kampot ("Kampot Project") and Takeo ("Takeo Project"). The third project is located in Pailin ("Pailin Project") near the Thailand border.
The Kampot Project
The Kampot Project will be developed under a joint venture company on over 100,000 square feet of land strategically located near one of southern Cambodia's busy border crossing checkpoints with Vietnam. One of a few gaming establishments in the area, the casino will cater to visitors from several major metropolitan areas in the region.
The casino is expected to include table games such as baccarat, roulette and dice games as well as electronic gaming machines. The initial phase of the casino is expected to be opened in the second quarter of 2012 with up to 14 table games and 25 electronic gaming machine seats. Subsequent development phases could, depending on market demand, include additional casino floor space and equipment as well as complementary facilities such as hotel rooms, a spa and other entertainment amenities.
Architectural Rendering of Initial Phase of the Kampot Project
The Pailin Project
The Pailin Project will be located on a growing trade route with solid infrastructure between Cambodia and Thailand (approximately four hours from Phnom Penh and three hours from Bangkok by car). It will cater to mass market and premium players from the major nearby cities in the region and will be one of a few existing casinos in the area and the closest to the border checkpoint.
The casino is initially intended to include approximately 23 table games and 40 electronic gaming machine seats. The initial phase is expected to open in the second quarter of 2012, subject to the timely issuance of the required gaming license and construction permits. While the initial phase of the casino will have a footprint of approximately 15,000 square feet, we have the opportunity to lease at a future date the adjacent land to develop additional phases of the project. Such additional phases are intended to include expanded casino operations and complementary facilities such as hotel rooms, a spa and other entertainment amenities, which could expand the footprint of the project to over 170,000 square feet.
The Takeo Project
The Dreamworld Casino and Resort will be strategically positioned on seven acres of land we have purchased near a border crossing station and on the national highway that connects the capital city of Phnom Penh with several major cities in southern Vietnam. The Dreamworld Casino and Resort is expected to cater to visitors and tourists in the area, which includes the capital city of Phnom Penh and several major cities in southern Vietnam with a combined estimated population of approximately 18 million people. In addition, as a further attraction to the area, the casino hotel will be located near an existing duty free trading zone that houses a large shopping facility as well as a famous temple that attracts over one million visitors annually.
The project timeline and development plans for the Takeo Project are currently under review pending the outcome of negotiations of other potential projects in the pipeline, which could offer higher projected short-term returns.
We continue to actively build a pipeline of new potential projects in the region to achieve our growth objectives and our goal of becoming a leading operator of regional casinos in the Indo-China region.
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