Porper
Ralph Nelson Elliott
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I had a look at AGI but it has bearish divergence in place on the weekly chart which means it's a no go area for now. Maybe ok in a few weeks though.
AGI - Ainsworth Game Technology
- Thread starter dj_ajay
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greggles
I'll be back!
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Ainsworth hammered this morning after revising its FY18 Profit Before Tax down from ~$59 million to ~$36 million. A huge downgrade which the company attributed to competitive activity, regulatory approval delays in product submissions and further product development changes.
AGI is currently trading at $1.35, down 30.41% from yesterday's close. The last time it was trading at these levels was April 2012.
AGI is currently trading at $1.35, down 30.41% from yesterday's close. The last time it was trading at these levels was April 2012.
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Ainsworth Game Technology (ASX:AGI) half year results were an underlying loss after tax of $0.2m, better than the guidance of a loss of $4.0m, and so they congratulated themselves.
On an unrelated topic, if I was pigging out and thought that I might have put on a few kilos of baggage around my waist, should I congratulate myself if I only put on a few hundred grams?
On an unrelated topic, if I was pigging out and thought that I might have put on a few kilos of baggage around my waist, should I congratulate myself if I only put on a few hundred grams?
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Up another 14% so far today.
Strangely bullish behaviour from such a crap stock - maybe its just catching up from March Wuhan virus losses later than others. Takeover possibility from major shareholder?
Last few months taken together bullish and one day in late November had the highest volume in 2.5 years. Can't imagine why anyone is buying it. I still hold scorched remains of a buy made years ago.
Monthly
Strangely bullish behaviour from such a crap stock - maybe its just catching up from March Wuhan virus losses later than others. Takeover possibility from major shareholder?
Last few months taken together bullish and one day in late November had the highest volume in 2.5 years. Can't imagine why anyone is buying it. I still hold scorched remains of a buy made years ago.
Monthly
Stockbailx
"Profit Compoundd" Rules
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What the future look like for Ainsworth Game Technology; earning are forecast to grow 70.27% per yr, (so they say)...has no real risk analysis considering it been around for a bit, and could well be on top of its game by now! There appears to be a lot of future in the gaming Industry. As a global company with offices located around the world, Ainsworth is committed to a vision of delivering excellence in gaming solutions and being a leading supplier in regions within Australasia, Europe, North and Latin America. AGI is bouncing back from support looking to regain it's highs and beyond...
Stockbailx
"Profit Compoundd" Rules
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I posted AGI as my stock pick for July Comp. I guess I'm hoping every one will be out this EOFY playing the pokies. They went real well over christmas and beyond. So go figure its any ones game, 'Nector Gods'. (see above)
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Keeps on going up. Just idly pointing this out as I don't think of it as as investable stock, should never have got into a scummy business like this anyway. Might get my money back if it doubles. At least they made a profit in fy22, after 4 consecutive years of plunging earnings, followed by 2 more of losses just to underline the achievement. The ex founder and chairman nonogenarian gnome did a number on us lumpen proletariat when he sold out his shares to a rival at a special rate for himself.
Glimpses from the recent AGM address: North America business growing, South America showing more potential after opening up (post Chinese Communist Party induced Covid), Australia stagnant but steady.
Got a 'Please Explain' today.
Held
5 year daily
Glimpses from the recent AGM address: North America business growing, South America showing more potential after opening up (post Chinese Communist Party induced Covid), Australia stagnant but steady.
Got a 'Please Explain' today.
Held
5 year daily
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$41m 'normalised' PBT guidance for Ainsworth's financial ending Dec 31 !!
Have to wait to see how that is reflected in the statutory NPAT but result could be not far off FY17, where with similar book value the company delivered better than 10% ROE which would imply a higher valuation than today's price?
And the chart's looking pretty ok too. Moreover they're suggesting better periods ahead as their R&D is bearing fruit (they claim). Certainly not a stock I'd buy again but my ambition is just to get my stake back after many years of holding.
Held
MONTHLY All Data
Have to wait to see how that is reflected in the statutory NPAT but result could be not far off FY17, where with similar book value the company delivered better than 10% ROE which would imply a higher valuation than today's price?
And the chart's looking pretty ok too. Moreover they're suggesting better periods ahead as their R&D is bearing fruit (they claim). Certainly not a stock I'd buy again but my ambition is just to get my stake back after many years of holding.
Held
MONTHLY All Data
