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Entertainment Gaming Asia Inc. Message Board

  • tep30300 tep30300 Apr 6, 2012 2:52 PM Flag

    EGT will get casino stock multiple on 5/9/12

    Right now EGT is considered a casino games servicer and the market assigns it the appropriate sector multiple.

    On 5/9/12 EGT will be an ASIAN casino owner operator and will be assigned the very big number multiple that entails.

    The fact that EGT is in full expansion mode with THREE casinos.....and counting...... owned and operated by them by December, 2012 is what is driving this stock higher in the last few months.

    There will be a rush to own this stock in the next few weeks.

    I own it now, so Im just sitting back and laughing away...............:)

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    • In a couple of months, any one who bought EGT at these levels will be handsomely rewarded with a lot of profits.

      1+ dollar based on my research is pretty much guaranteed for 2012.

      I am not bailing out before my target is hit.

      Just sitting tight and buying on pull backs.

      Just do the research and take your own call.

      You will be glad that you bought EGT.

    • That is a KEY point.

      The very smart CEO has some very smart partners.

      Seems like everyone associated with gaming in S.E. Asia wants to be in business with EGT.

      In a way, I am in business with him too......I own part of EGT.

    • I do not have any reservations re Chung's capability. All based on his track record at MPEL and at EGT.

      The ONLY question is the amount of traffic and how that traffic gambles. Clarence will get his share of the pie. Only question is HOW BIG IS THE PIE.


      Agree Chung is not personally going to be sitting in any of these casinos. But he will have no dearth of junior management to choose from via Ho/Melco/and the big shareholders of the 40%.

    • I dunno...there is a LOT of work left to be done to Pailin and 5/9 is just a month away.

      We are already sitting on a P/E of 47+ This first casino, Pailin is a 23 table / 40 EGM venue. Yes it is a casino, but comparing that to other casono operaors like Wynn, LVS is like comparing pee-wee football to the NFL. Not to mention that the risk associated with those larger players is much lower because they are established, proven operators running HUGE resort/casino complexes.

      Hang on to your party popper...we will get there - but not all at once.

    • So you think overnight EGT gets a different multiple ?

      Question: Multiple of WHAT ?

1.99+1.5100(+314.58%)Feb 26 3:59 PMEST

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