Ann: eBet continues its expansion in Victoria, page-7

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gosouth

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14/05/15

17:13

Post #: 15281481
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Originally posted by imran khan ↑

I think Ken Carr's short time at RFL probably says more about RFL than it does about him. RFL has had pretty much a revolving door in senior management, and not many people have come out of RFL looking good.
He certainly achieved some good outcomes at Keycorp, and prior to that I understand he did some very good things at IBM.

I like EBT because it is very clear what they are trying to achieve, and over the past 4 or 5 years they have gone about methodically executing on their strategy. Its like watching a jigsaw puzzle being completed in slow motion...increasing their value add offerings....increasing their market share through upselling.....expanding their geographical presence.

Obviously there are concerns about the ongoing growth in gaming sector, but gaming is going to be around for a long time to company, and EBT is the pre-eminent gaming systems/solutions company and well positioned to take further market share

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Its a serious sell down happening now. A fund exiting perhaps?
And almost no buyers in the queue... like a vacuum.
On a historical P/E of 18 and starting to look cheap...?
Can anyone tell me EBT's NPAT guidance for 2014/15?
Not currently holding, but it starting to look interesting.

Gosouth

ITQ Price at posting: $3.39 Sentiment: None Disclosure: Not Held
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Ann: eBet continues its expansion in Victoria, page-7

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