Funny thing is AGI is still flying under the radar In the US. As yet little media mention or broker recommendations.
The 2 biggest players in the game are flat and we are going from strength to strength.
It seems America sees a silver bullet in the construction of casinos and the revenue it brings to the individual states. Most if not all states are looking to get in on the action.
The A560's floor percentages in Australia are out doing the competitors hence the improvement in the domestic market. Once this this is recognized in the US then we should start to see improvement from international revenue.
I still have a buy on the stock as I am a buyer and bought as recently as yesterday @ 66. With a forward estimate pe of around 4x earnings I still feel we are grossly undervalued.
I was talking to a friend who thinks he missed the AGI boat. The way I see it the boat is still navigating the channel heading for open water.
Half yearly will reveal more to support this IMO
AGI Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held
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