EGP 1.02% $4.85 echo entertainment group limited

Shifting Sands

  1. 6,136 Posts.
    Is there money coming into EGP from exiting CWN investors? Volume up...

    EGP has great value but CWN is better run with a (leveraged) developing global footprint...

    The questions I want answered are

    1. Who will be the "operator" of Tony Fungs Casinos?

    2. Who will win the Brisbane licence? (and is it really worth it given whats going on in Cairns and the obvious ramifications)

    3. Genting..is the unknown...something with the NSW authorities smells but if they end up getting approval..EGP would be a strong buy in my books and as we have seen by the volume recently something positive may be in the pipeline..

    Good luck
 
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