AGI vs Aristocrat, page-3

Skunkyz

Those numbers only tell half the story as it will not be until FY16 that you get to see a full year of ALL with their acquisition bedded down and meanwhile AGI has forecast first half revenues/profits to decline by 30% this year.

However AGI management have said they expect the full year result to be ahead of last years, the market clearly doesn't believe that is the case but if that does come to fruition the company is looking exceptionally cheap, they have adequate cash and to build their facility in the US already and no debt which puts them in a fantastic position to increase the DPR or look at some smaller acquisitions. One thing you notice with AGI is given their margins and operation leverage the company is a cash generating machine.

I'm hoping if they can somehow deliver on what they say then i think FY16/17 will be looking exceptionally strong given the facility in the US is expected to be operation in the first half of 2016 and i would eventually expect them to expand operations further into places such as macau.

To me it feels like the share price is definitely moving on sentiment rather than fundamentals and if this continues i see it as an opportunity to top up my holding, whilst nothing is ever a sure thing on a risk reward basis i think there will be significant upside.

And Sharls can you please allow us just one thread to discuss the company fundamentals rather than roger montgomery stuff.

Just my thoughts please dyor.