AGI 4.55% 92.0¢ ainsworth game technology limited

News: AGI Ainsworth Game Technology expects H12017 pre-tax profit to be approximately $15 mln, page-21

  1. 68 Posts.
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    I like the spin the CEO puts on he blames currency exchange, poor market conditions and having to invest more in r&d. Don't see aristocrat having those problems.

    Why not just admit you stuffed up and you got no clue how to fix it. A600 was a flop and I think the A640 will be as well. When you look at those products the only thing that's new is a bigger monitor and some more fancy led lights around the edges. Tens of millions of dollars spent over the years on r&d and that's all you can come up with. You're years behind the competition. If those new products were that good you wouldn't need to keep selling the really old A560 model.

    More money for "r&d" simply means more money down a black hole that shareholders will never see again.
 
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