On Friday before market opens, UWN will report the 2012 year revenues and i expect a good quarter.
Net profit has been hit this year with acquisition charges and write offs but Q4 should not reveal any more of those and even if it has already affected the profitability for the year profitability in the last quarter should be on the rise.
This will be a full quarter reporting revenues for the newly acquired slot machine route from Trucano and will definitely impact earnings in a positive way.
If net revenues were to surpass the 15M$ the net influence on the bottom line would definitely make a huge difference between a loss and a profit for the quarter.
The shares have been on a down trend since UWN acquired the Deadwood route of 900 slot machines as if the market did not believed there would be a significant impact on earnings.
There is also the market slump and the idea that overall USA sentiment is down and that customers are spending less on leisure.
I agree that the overall customers sentiment is bad but i think that it has improved since the last 6 months and even if i do not expect a large surprise in the results UWN will unveil on Friday, i think it could be a good performance quarter overall.
At the actual level (between 1,05 to 1,15$) UWN is highly undervalued and greatly oversold. Having a so small float of 15M shares only, it would only need a bit of momentum to turn around the shareprice. You can also use the stop losses in case of reversal BUT BE VERY CAREFUL HERE. The bidding on UWN is generally low so any stop loss sell triggered would be at market price and it could turn ugly for any sell order greater than 500 shares.
The possible downside of these shares is close to nil unless UWN was to report a very, but i mean , a very bad quarter.
UWN has no acquisitions in sight (no public info to this subject) and it must have been concentratring on profitability.
For the above reasons, UWN is my pick for today as it is time NOW to start accumulating for a good trend reversal toward the 2$ mark (i had expected last year a 4$ mark but that was before share issuance)
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
Net profit has been hit this year with acquisition charges and write offs but Q4 should not reveal any more of those and even if it has already affected the profitability for the year profitability in the last quarter should be on the rise.
This will be a full quarter reporting revenues for the newly acquired slot machine route from Trucano and will definitely impact earnings in a positive way.
If net revenues were to surpass the 15M$ the net influence on the bottom line would definitely make a huge difference between a loss and a profit for the quarter.
The shares have been on a down trend since UWN acquired the Deadwood route of 900 slot machines as if the market did not believed there would be a significant impact on earnings.
There is also the market slump and the idea that overall USA sentiment is down and that customers are spending less on leisure.
I agree that the overall customers sentiment is bad but i think that it has improved since the last 6 months and even if i do not expect a large surprise in the results UWN will unveil on Friday, i think it could be a good performance quarter overall.
At the actual level (between 1,05 to 1,15$) UWN is highly undervalued and greatly oversold. Having a so small float of 15M shares only, it would only need a bit of momentum to turn around the shareprice. You can also use the stop losses in case of reversal BUT BE VERY CAREFUL HERE. The bidding on UWN is generally low so any stop loss sell triggered would be at market price and it could turn ugly for any sell order greater than 500 shares.
The possible downside of these shares is close to nil unless UWN was to report a very, but i mean , a very bad quarter.
UWN has no acquisitions in sight (no public info to this subject) and it must have been concentratring on profitability.
For the above reasons, UWN is my pick for today as it is time NOW to start accumulating for a good trend reversal toward the 2$ mark (i had expected last year a 4$ mark but that was before share issuance)
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
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