SSI sino strategic international limited

A report from SSI says Keno and lotto points have gone from 22...

  1. 5,079 Posts.
    A report from SSI says Keno and lotto points have gone from 22 to 50 and agreements made to add another 500, this is only in Shanghi,

    It also says CEH are a number of partnerships both domestic and foreign are being considered to expand gaming nayionwide over next 12 months.

    Now this looks great, so why not much interest on the investment front, are they waiting for the vote which is 9 days away, are they waiting for results.

    It is great to have all this but at the end of the day profits or increased revenue is needed to move a company forward.

    You would think revenue is increasing at great pace given the above with prospects of that increasing, so why no interest.

    And GCN don't seem to be getting much news lately.

    With all this I still have not seen a real reason why CEH has given this business to SSI, why would they want them to run it, why would they want shares in SSI, management has no real experience in gambling but for Bruce Matheison, who should be an expert.

    So why the interest in SSI, or is it GCN.

    But this has to be good news, merger will happen (even though I would like much more details) in days and business appears to be going well, better than expected.
    So why the lack of excitement on share front, maybe waiting for merger to be rubber stamped?? the vote is on the 31st

    Or is vol a problem, is this why GCN is favoured for trading due to more vol, mind you GCN has not set the world on fire lately shareprice wise.


 
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