Well, earnings and guidance are out and they project 15-17m with about 17% margins, take away 10% of that for G&A and debt service etc. That leaves about 1 million, more less, in bottom line for Q4 with year-end report, but this not coming until February '13.
Even though this niche stock should be knocking of the door of seeing its day after 8 years of desert, it's still 'a long way to Tiperrary' given the imminent, macro headwinds of unsustainable US debt, and the persistent, top-down villifications coming from and this remaining, competent/moral leadership vacuum.
Toyand coin, On the top of the message board were the sign Q is I put distributor and on the inn, I have Wells-Gardneer Electronics Corp. and ressede search...I got info that IGT is going to make the machines for AVS..American Vending Sales who in turn is the distributor for the state Of Illionois...check it ot..
Typical of management to play it down. They are afraid of their own shadow. My opinion of the 4th quarter will be a little more than their projection. I have spoken to the Illinois Gaming board and they are trying to approve more locations as fast as they can. If they step up locations approvals faster then WGA will do much BETTER for the quarter.They are trying to dance as fast as they can.....
Like I said. The controller for the state does not have enough money to pay the state workers or the Union workers who work for the state..WGA will be lucky to get any money paid to them right away. City, State and other employees are making too much money..this goes for the pensions.The state is not taking in enough to cover this..So get in line..