SGS stargames limited

Stargames-start of the rise, page-2

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    From Around the Traps with The Ferret: -

    "Biggest winners on the pokies yesterday were the shareholders of STARGAMES (SGS) which touched a record $1.33 before closing at $1.31, up

    The company won't report until next month but in May it warned that due to the possible deferral of delivery of some large orders by major customers from June until early in the new year, its 12-month
    profit result could be about break-even.

    The shares had firmed to $1.02 in the few days before the announcement and have continued to rise since.

    It's not often a warning is followed by steady buying.

    Last Thursday the company announced that the Nevada Gaming Control Board had permitted the installation of Stargames's Rapid Roulette in casinos throughout Nevada.

    Maybe that explains it."
 
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Currently unlisted public company.

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