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AERL (which I bought into and regret) talks about its Rolling Chip Turnover (RCT). It's implied that this is a measure of revenue.

Half-true, IMO.

I learn that in any particular gambling room, there is cash (Cage Capital) which reflects Chips. The more Cage Capital, the more money is swirling around, ie higher RCT.

More money therefore gets made. But (after paying a variety of expenses, mostly disreputable) the 'profit' must be ploughed back into Cage Capital if growth in RCT is to follow.

AERL talks about a Hong Kong IPO. This is to raise more $$ to increase Cage Capital.

There's a dividend. But most of the money pays individuals/organisers and the rest just allows more gambling participants. If you are feeling generous, you could say it's a normal industry. I'm less generous.

Thanks, Whitetiger,

Sounds as tho' I shouldn't have bought AERL. But do you think Capital Raising just means someone lining his pockets (as I now suspect) or would you think the company (my company, my share in it) would benefit?

Malc

Malc, I see a strong possibility that Asia Entertainment (NASDAQ:AERL) would attempt to raise equity capital in conjunction  with an HK listing.

http://www.geoinvesting.com/companies/aerl_asia_entertainment/research/liquidity_requirements/0031794

Malc .. yes i meant did you buy for a trade. For the time being its hard for our team to view the U.S. China space as more than a short-term trade. Fraudulent companies still exist; more than we like. That being said, we are still looking for exceptions.

AERL is looking to an IPO on the Hong Kong market. If this goes ahead and is taken up, does it mean more capital or in effect a dilution?

Thanx ++ . Do you mean BUY when you say "trade" ? I was too nervous, wondering if there was something about to blow up.

malc,  Asia Entertainment (NASDAQ:AERL) Would have been a nice trade at the bottom. Did it go ex-dividend today?

The dividend arrived!

I suppose today's drop is because it goes ex-dividend.

You say you have "no position" in AERL. Well, I distinctly read that you (GEOINVESTING) were Long on AERL, about 9 months ago.

I deal with Firstrade. They get the dividends in very reliably.

I've had AERL approx 9 months and No Divi.

Red Flag??

Malc

what brokerage firm do you deal with?  We have no investment position in Asia Entertainment (NASDAQ:AERL) but will attempt to look into this concern.

here are the details of the dividend payment schedule.

HONG KONG--(BUSINESS WIRE)-- Asia Entertainment & Resources Ltd. ("AERL" or the "Company") (NASDAQ: AERL), which operates through its subsidiaries and related promoter companies as a VIP room gaming promoter, previously announced that its Board of Directors had authorized a regular semi-annual dividend of $0.10 per outstanding ordinary share each year after the release of the Company's financial results for the six months ending June 30, and, for each year after the release of the Company's year-end financial results, an amount per outstanding ordinary share equal to (i) 15% of the Company's non-GAAP net income for the most recently completed fiscal year less the amount paid pursuant to the immediately previous six month dividend, divided by (ii) the number of ordinary shares outstanding on the record date for such dividend.

The Company today announces that the record date for the 2011 six month dividend will be August 23, 2011, and that the payment date will be September 2, 2011.

http://ir.aerlf.com/releasedetail.cfm?ReleaseID=599168

Asia Entertainment

AERL

"..the Board has decided to issue a bi-annual cash dividend, dated close to June 30th."

Have you got yours? I haven't got mine.

Can't decipher the link. AERL might make money but have we any idea where that money will go? I can't find owt about AERL's structure.

 New report gives a 12 month target of $14.

http://www.spacanalytics.com/modules/deals/frontend/spac_overview/newco_analysis/preview.php?deal_id=181&na_id=140

Currently stock at 5.3x P/E 3x ev/ebitda, other Macau gaming firms at 22x p/e , 11x ev/ebitda

Company website:

 http://aerlf.com/

Q1 earnings call recording  

http://aerlf.com/d/upload/newsEarningsCall2010Q1.mp3

 Company has given good outlook for 2010