StockMillionare (< 20)

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FLL Is Not Done

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December 09, 2010 – Comments (3) | RELATED TICKERS: FLL

FLL has a ton of potential, I first talked about it in August of this year. This little guy is still under the Wall Street Big Boys radar. When the 2011 Stock Market goes on a nice tear, expect this (FLL) to run like Forest Gump. Again, buy FLL now, and hold through 2011 and you will have cought a huge gain, Merry Christmas, Enough Said!

3 Comments – Post Your Own

#1) On December 09, 2010 at 4:22 PM, chk999 (99.99) wrote:

This is more interesting than it looks like on the surface. They are a tiny company, but seem to be profitable and casino gaming will definitely improve as the economy improves.

The interesting question is can they grow their Indian casino management business, since they don't need a lot of capital to grow that.

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#2) On December 09, 2010 at 4:41 PM, StockMillionare (< 20) wrote:

@ chk999 you bring up a good point. But a few things to ponder: As of March 2010, FLL had $12 million in cash, and no long term debt. Here is something I found:

I believe that the cash flow will bottom out at $10 million, and is likely to rise substantially above that in an economic recovery scenario, possibly as much as $20 million. If we apply a PE of 10 to a lowball cash flow of $10 million, we arrive at a target capitalization of $100 million, plus $12 million in cash, for a total of $112 million, or a $6.22 share price, about double its current price. Once the price rises in the stock and it FLL gets more attention the big boys will catch wind and begin to buy driving the stock up, now is the time to buy before that happens. We can beat the big boys, there busy.

There are to many upsides for this stock not to rise if as I am predicting 2011 is a good year for stocks, stay tuned, only time will tell.

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#3) On December 09, 2010 at 4:49 PM, StockMillionare (< 20) wrote: