DNA 6.06% 3.5¢ donaco international limited

on the go, page-13

  1. 1,775 Posts.


    Hi michael.

    Do not be concerned, with the s/p, there is a publication
    I subscribe to, and they have advised their Members to
    sell half their holding, they rec to members to buy @ 67c
    that is why they selling @ $1.34, they do this nearly all
    the time so people can be free carried.

    I remember years ago, I had been buying EXT,Extract res
    they initiated a buy rec if I remember correctly @ about
    $1.60, when they reached $3.20, they rec in selling half
    so to be free carried, I rang them, and let them know my
    thoughts, and told them, I would not renew my subscription
    and said I had been buying them from 6c and continued up
    until that present day, anyway, myself and a lot of
    friends ignored them, and continued to buy, we ended up
    getting $8.65 p/s, I also must say ext had a share
    consolidation of 10 for 1 @ 10 cents p/s.

    They rang me a few years ago, and talked me into becoming
    a member again, they certainly know their shit.

    Also their are several investment banks that have initiated
    coverage in the last couple of weeks.

    I can tell you that the casino is still on track for the
    soft opening in may, the fit out and landscaping are
    presently being done, and the construction cost will come
    in about $4 Million under budget.

    Also the company is taking elaborate steps @ the moment
    with marketing outside the Yunnan Province, dicussions
    are taking place with tour operators to bring in Mass-
    Market Chinese Customers, the ones that are uncomfortable
    with the High-Minimum bet restrictions that are in place
    down Sth across the border, so all is looking good.

    DNA have $25 Million in cash, plus another $10 Million of
    uncollected player chips.

    With the rec for the disposal of half their shares, this
    mob has forgot one thing, the spin off of isentric Mobile
    Tech Division, all us s/hs are going to receive a inspecie
    issue, which is another bonus, ist they still state that
    there is plenty of more upside to come.

    The wife and I are going to Vietnam after midyear and
    intend on staying at the resort for a week.

    With the current s/p down a little it gives you a chance
    to accumulate a few more.

    Cheers.
    Simmo.

 
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