AGI - A Few Thoughts, page-40

ALL was down 1.7% today and that is probably inline with today's broader market decline and nothing IMHO that is out of the ordinary. Granted AGI has bugger all volume at the best of times and so maybe today's market decline is magnified on AGI because of their poor volume--but almost 14% now that IMHO is abnormal even in the context of today's market decline. Your point about Asia is reasonable but if you look at AGI's most recent results they have a pretty embarrassing revenue line (almost non-existent) coming out of Asia so even if the current Corona virus is taken into account I can't see how this would impact any of their short term Asian revenue albeit insignificant revenue. I reckon the current Corona virus will have more of an impact of Casino operators (think Star) who are heavily reliant of Asian VIP and the current travel bans etc are sure to have an immediate negative impact on their revenues, but I just don't see it hurting the ALL, AGI and other makers of pokie machines in the short term, medium term maybe, but not in the short term.