Shuffle Master, Inc. (NASDAQ:SHFL)
Gaming supply company that specializes in providing our casino and other gaming customers with Utility Products, including automatic card shufflers, to improve their productivity and security and Entertainment Products, including proprietary table games.
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Recs
top niche player in an expanding industry. Great profit margins and a strong track record of growth.
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Recent drop in price make shares a good value, and new gaming opportunities around the world will let this stock continue to grow.
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Q2 was disappointing but great things lie ahead. Demand for SHFL products looks strong both domestically and abroad (Macau).
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Missed on current earnings, but in the long term financials look strong and the stock is being oversold in the short term.
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Some of the companies products are not finding the market acceptance that was hoped. Earnings likely to disappoint.
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gambling is a growing industry
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With most of the equity being held by insiders, this company will definitely be managed for the long-term, and not short term to keep Wall Street analysts happy.
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if you have or dont have money, everbody gambles
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Great brand with very good growth prospects. Poker seem's to still be growing strong, heck World Series champion for 2006 walked away with $12 million. In 2000, 1st prize was $1.5 million and 1990 it was $895,000. Now all you have to do is make it to the final table to walk away with that kind of moola.
With a diversifed customer base, key patients (shfl is no slacker when it comes to bringing competiters to court, sort of good/bad scenario), and a dominate market position I'm going to take a dive in (hopefully not literally). Now if I could only afford a trip to Vegas...
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Hasn't found ground
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Went to Vegas last week and Shuffle Master sections are rockin'. Waiting for royalties to fall to bottom line. Rapid Roulette will, hopefully, receive more orders in coming months(really speeds up play). Minimum at Wynn is $15 and did not keep players away.
Recs
Gaming is a hot sector. SHFL should do better as they report the next earnings report.
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This is just a good company with very nice future potential selling cheap. Tom's written up plenty so I won't babble.
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