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7 pts

Opinion on  GigaMedia Ltd (GIGM)     Sector: Technology  >  Industry: Computer Services
Bullish on GIGM ...

Aug 19, 2008 12:25 PM GMT

+100


Update 08/19:

GIGM A VALUE PLAY W/ CONTINUED GROWTH.

EVEREST BRAND SOON ADDS SPORTSBETTING TO ITS SUCESSFUL POKER AND CASINO LABEL.  SPONSORSHIP IN WSOP SHOULD PAYOFF FOR GIGM IN ACES WITH ITS CROSSMARKETING OF POKER/CASINO/SPORTSBETTING!  EVEREST POKER IS 70% OF GIGM REVENUE, GROWTH CONTINUES FOR THE #4 LEGAL POKER SITE. ACCORDING TO POKERSCOUT.COM.

GIGM & ERTS CONTINUE ITS PARTNERSHIP IN ASIA GAMING W/ TITLES EA WARHAMMER & #1 SPORTS TITLE IN CHINA  EA NBA STREET ONLINE.  BOTH SET TO LAUNCH 2H08, EA PARTNERSHIP COULD LEAD TO AN EA INVESTMENT INTO GIGM LIKE IT DID W/ NCTY IN 07'

UNDERVALUED GIGM COULD SEE A HUGE TURNAROUND EARLY 09' ONCE REVENUE FROM ITS PACHINKO CONTRIBUTES TO ASIAN GAMING ALONG W/ FURTHER GROWTH FROM ITS CHINESE INVESMENT IN T2CN.   EVEREST SPORTSBETTING COULD ASSIST IN DOUBLING GIGM MARKET CAP BY END OF 09'  NUMBERS OF OTHER SPORTSBETTING, UNIBET, HAVE POSTED 118% GROWTH IN THE PAST QTR.  UIGEA LAWS ARE WEAK AND PROPOSITION IN CALIFORNIA TO LEGALIZE ONLINE GAMBLING COULD LEAD TO MORE STATES TO FOLLOW CALIFORNIA LIBERAL POSITION DUE FOR VOTE IN 09'

ALL BETS ARE IN ON GIGM


GIGM:  This call was made on 08/19/08 @ $12.61
Rating:   Positive   $12.61 (08/19/08)
Gain/Loss:   -67.80% in 470 days


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Locationh   61%     1 point   commented 470 days ago reply

Good selection with promising future. On Line gaming w/options. Low current float with institutions equals large growth possibility. PE is 16. I simply wish they offered a dividend.


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