...einige von euch werden sie bestimmt schon gesehen haben.
Greets Tobi
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SSI and GCN to capitalise in China strategy..
Both of these have been maligned by some hotcopperites as their emergence
has been slow,but things have changed.....
For a small cap company, GCN has done what Packer and Murdoch would be most
envious of, broken into the lwo largest markets of the world, China and
India and with powerful partners. No doubt the uniqueness of its
technologies and first mover advantage have given GCN the edge in firstly
impressing its Chinese and Indian partners, and then enabling GCN to lock in
its positions in these lucrative markets. GCN has partnered wih the largest
media group in India, Times of India to promote its video services to its 30
to 40 mil customers.
In the business of gaming in China, GCN and its parent SSI are now the ONLY
2 listed stocks in the world that investors around the world can invest in
to participate directly in the rapidly growing gaming industry of China,
compounding at 33% p.a. The ASX has also beaten the Hong Kong and Singapore
exchanges in securing the Chinese gaming stock listing but SSI has done even
better in effectively BECOMING that Chinese gaming stock. By the sound of
recent announcement last week, SSI appears to have secured a major market
share in the Shanghai gaming market. If you care to check out the market cap
of Macau gaming stocks, you will realise how BIG they now are, in billion
dollars, yet they can only skirt around mainland China while SSI/GCN are
right in the heart of China in Shanghai. There is a gold rush going on in
Chinese gaming, Packer is in it, Steve Wynn is in it, The Sands Venetian
group is in it. But they cannot get to the mother lode, to the heart of
China. SSI/GCN are, however, sitting on that mother lode of Chinese gaming!!
Just to show how big the Chinese gaming dollars mean to operators, the first
US casino to open in Macau, the Sands Casino, costing US$1.8b was projecting
5 years for cpital payback. They got it back in 5 months, and Macau's
turnover is now bigger than Las Vegas. But what about the mainland home
market, what sbout Shanghai, what about SSI and GCN's mobile gaming
mobile8888 now licensed to China Entertainment Holdings soon to become part
of SSI anyway.The Australian market is missing something big here simply
because of SSI's history but without GCN's technologies, SSI maight not have
done the wonderful deal in transforming itself. What then should GCN/SSI's
ultimate enterprise value be, $10 to 20 mil or billions for a major share of
the Chinese gaming market?
GCN at low 6cents could easily be a 5 bagger
look here"
Regards
Richard Li
Managing Director
Sino Securities Group
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