"doc when do you think this is going to pop, nice jump at the close"
My pull it out of my a** guess would be we could see some upside when the date for the full year release is announced. We already have a good idea of what Q4 and FY '10 earnings will be based on the RCT numbers. The RCT numbers also give us a window in to 2011, excluding the effects of any additional rooms or acquisitions. Important because unless op ex goes up (no reason to expect this) the implied results will exceed current guidance, always good for a little excitement.
The eternal question is what p/e will the market give AERL. The rate of growth suggests something higher than they are likely to receive. But from $10.40 it doesn't have to be earth shaking to have a nice gain.
I have 64.74m net income if AERL averages 1.374B RCT a month for 2011. If there's 5% organic growth the number is 68m. This figure doesn't include net income from the VIP room at the Galaxy Cotai and the Wynn Macau. If you assume AERL gets one more VIP room by July 1st then you can conservatively add 10m to net income.