Replies to post #1607 on Entertaining Gaming Asia Inc (fka EGT) (EGT)

[marirstk]

$EGT: Great job and a beautiful chart.


I love it , love it when some one else like you sees the exact same thing like what i am seeing.


Thak you.


Now read this for the fundamental analysis of $ EGT.



$EGT will earn 0.01 - 0.02 : 1st quarter 2012 (min/max).


But iam playing $EGT for whats coming in next 2 - 3 quarters.


$EGT will earn 0.03 - 0.04 EPS/quarter in the coming quarters.


So that works out to 0.12 - 0.16 EPS/Year.


Put a 10 multiple on the EPS.


We get a price target of 1.20 - 1.60


Thats why iam very bullish on this stock.


Really very bullish. It is very cheap at current prices.


$EGT: why everyone talking about it.


Please take some time and do research. You will see why very clearly.


$EGT second leg just started on Friday with a weekly close at 0.52 with a huge spike in volume in the last 2 hours.


$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.


Dreamland Kampot Casino opens in Summer 2012.


The biggest of all, Dreamland Takeo Casino is still in pipeline, probably by end of 2012.


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


Sokha resort - 250 machines online already.


Updated Casino pictures will be released for Pailin and Kampot Casinos.


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]

Excellent observations and top notch charting. I agree that .79 is a fair number for the first run but I believe we see a pull back and followed by a move over $1. We have some very strong horizon events; casino opening and a Q which should show positive EPS. Friday’s performance will no doubt bring more attention to EGT. Anytime you post one of the largest gains on the AMEX folks are going to take notice. If this was a American company it would already be over $1. Again thanks for your help with the chart, it is looking very nice and gaining MOMO. GLTA.

[mick]

great reading DC

[mick]

in an uptrend, i never sawer a horseshoe formation.

that i recall...

[marirstk]

$EGT target 0.79 short term based on barchart.com (Couple of days).

$EGT is just 16 trading sessions away from May 9th opening of Dreamland Pailin Casino.

You never know 1+ dollar could be here sooner than many expect.

There are lot of EGT buyers and not many sellers. A perfect sign for $EGT to shoot to the sky.


First Quarter 2012 results will be out in next 15 - 20 trading sessions. Another big catalyst.

I am holding this stock for another 1-3 months and see how it pans out.

$EGT will rock in the coming sessions.


$EGT chart is 4 year price break out and is very significant.


Sokha Resort - 250 machines are currently in work as soft opening is much bigger than Naga World as only the wealthy people visit Sokha Resort.

So its going to lot better than Naga World.

WUD will be anywhere in 300 - 400 dollars once the resort opens and settles down in a couple of months.



Bar Charts - Strong Buy

http://americanbulls.com/StockPage.asp?CompanyTicker=EGT&MarketTicker=AMEX&TYP=S

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


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

[marirstk]

$EGT : Breaking news


Design Update Report – April 2012

In order to provide the highest level of quality service to the premium VIP players in the market, we have decided to convert the originally planned hotel rooms on the second floor of the casino into two VIP rooms with a total of four additional tables. The renderings of the VIP rooms are below.




$EGT new pictures released

$EGT on TheStreet.com


Also check out the updated casino pictures

Entertainment Gaming Asia Inc. (EGT) -NYSE Amex
0.63 Up 0.01 (Up 1.94%) 10:43AM EDT - Nasdaq Real Time Price


http://www.elixirgaming.com/CasinoPailin_2012-04.html


http://www.thestreet.com/story/11496964/1/entertainment-gaming-asia-stock-soars-egt.html?puc=msn&cm_ven=msn

[marirstk]

Devcool, can you please do an annotated chart on $EGT?

Last one you did for us was really useful.

Thanks in advance.

Please share your thoughts.


This is what i see with $EGT:
$EGT has bottomed out.

If you watched trading action in last few days, you see how volume dries at low 0.70's.

Chart is turning very bullish.

MACD, RSI all pointing to a run higher to 1.75 in the coming sessions.

Does $EGT deserve a higher price?

Yes. No doubt. My target is 1.75-1.85 easily.

$EGT: Bullish chart.


$EGT announced 0.01/quarter or 0.04/year

Put 20 PE, we get 0.80 price.

They have lot of new projects in work in 2012.

250 machines added in April 2012 @ Sokha Resorts.

Dreamland Pailin Casino opened on May 9th 2012.

Dreamland Poippet Casino opening soon.

Dreamland Kampot Casino opening in 2012.

So $EGT will easily earn 0.02-0.03/quarter or 0.08/0.12/year in a few quarters from now.

Put in 20 PE, we get 1.60-2.40 Price Target for 2012.

So $EGT bull run is alive and well.

Just about to run now.
$EGT closed @ 0.77 with 500,000 shares traded.

Chart is turning bullish and about to start the next leg higher.

Get on board before the train leaves.

$EGT: Nice move today towards close.

200,000 shares in last 1 hour.

Some one wants to be in desperately.

We will get over Greece issue soon and EGT monster bull run will resume soon.

Iam still holding and accumulating here for 1.75 - 1.85 target.