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Tuesday, May 01, 2012 4:39:33 PM
EGT's current price 1.05 reflects only existing business and not the ones that are coming online in 2012.
Sokha Resort - 250 machines coming online.
Dreamland Pailin Casino Resort opening on May 9 th 2012.
First Quarter 2012 results on May 15th 2012
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.
From here on we will price EGT's future value.
Normally market prices 6-12-18 months ahead.
Don't be surprised if market overshoots my 1.75 target now.
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