lewinsky
06-05-2011, 03:32 PM
I recall that great tipster who is now no longer with us, Rene Rivkin, waxing lyrical about AGI.
It tanked and so did RR.
But the yearly profit guidance today would indicate that the business could be back on track. Forecasted pe of around 9 at these levels. It has positive operating cashflow, but is burdoned by substantial debt.
The slots business has been tough (witness Aristocrat), but around these levels looks reasonable buying. i.e. under 30 cents.
Worth keeping half an eye on.
LEW
It tanked and so did RR.
But the yearly profit guidance today would indicate that the business could be back on track. Forecasted pe of around 9 at these levels. It has positive operating cashflow, but is burdoned by substantial debt.
The slots business has been tough (witness Aristocrat), but around these levels looks reasonable buying. i.e. under 30 cents.
Worth keeping half an eye on.
LEW