below that is uncharted freefall. 1.60 = .10 pre 2x Reverse Splits
Guess we will find out in Mid-May if EGT is capable of showing a positive EPS with this 16x reduced share count.
As stated in my last post this stock is going down once again. I suspect that It will be under a dollar by the next quarter. The only ones making any money on this are ?. Next reverse stock split? Figure if they keep reversing the stock the little holders get squeezed out first and the larger holders get squeezed out later.
Same thoughts as before. MELCO can only feed us a few contracts per year at best. Until EGT can capture a regular flow of customers outside of MELCO so that revenue is contributed on a regular basis quarter after quarter, I do not factor in the Casino Chip division AT ALL in my expectations.
Kidecar... Please throw your thoughts on this.. What will be the revenue impact and bottomline for 2015, 2016, 2017
Please share your thoughts...
Sentiment: Strong Buy
So with zero debt and 1,062 EGM seats in operation in three venues, the STOCK MARKET values EGT stock @ aprox. 1.70/shr .... AKA .425/shr before RS#2 .... or .10625/shr before RS#1
Way to go Management Team!!! Great Job! (not)
W/O the RSs to artifically increase the PPS, EGT would be trading in the Pink Sheets.
Please don't tell me that Ihub and Ihubettes are Mission IR. That was the most pathetic pump piece I ever say yesterday and it was just like Ihub, a complete zero.
Stick to missionary position from Booyha Ihub and retire from the stock pump business. You lost it. You suck,you blow, go home.
Here's the game: 1Q2015 ends in 2 weeks....Will EGT have a positive EPS in Q1? and if so, what will the EPS be?
...winner is determined by closest guess to published Q1 results. DISCLAIMER The winner 'wins' nothing more than bragging rights (which is no different than the ROI that you are currently getting on your EGT shares right now...except you are probably not bragging about that)
Factors to consider:
* Chinese New Year was not hampered by weather or politics.
* no significant military actions on the borders.
* 1:4 RS fading in the rear view mirror leaving behind a 4x lower share count than in the past Qs (The 'PS' of EPS).
* No closed Dreamland venues in Q1.
* No Typhoons, Tsunamis, catastrophic flooding or other 'acts of God' to destroy or damage infrastructure around EGT venues or any EGT venues themselves.
* MELCO acquired a larger % of EGT through Rights Offering
It will be a sad day for EGT when Daddy MELCO says, "I'm tired of you mooching off of me. Go get a job."
you are not going to see your target PPS with this pocket change volume....only 300 shares traded today as of this post
$EGT: Target 4$. I read the Quarterly result as very positive.
Good days are going to return soon.
Sentiment: Strong Buy
Cash is not helping the company, because it is not being used for anything that contributes to net earnings
This is a pitiful synopsis of 2014 (net loss of 2.5 M adjusted)
"The Company reported a net loss of $2.8 million, or $0.09 per share, on a weighted average diluted share count of 32.8 million shares for the 2014 fiscal year. The 2014 fiscal year net loss included a net loss of $325,000 from discontinued operations related to Dreamworld Pailin. Excluding the discontinued operations, the Company reported a net loss from continuing operations of $2.5 million, or $0.08 per share, for the 2014 fiscal year. "
EGT will NEVER see 4.00/share (which is the 1.00 min listing requirement pre-RS....pitiful) until Management can demonstrate to Wall Street that it can consistently run a profitable business and show a net PROFIT quarter after quarter. It has not been able to do that in YEARS. The fact that EGT is a consistent money LOSER is why the PPS is in the toilet.