WMS Industries, Inc. (WMS)

1/30 in Casinos & Gaming -(62.7 @ B/A+)

WMS is a growing company in a flat industry. The industry leader IGT is losing marketshare to WMS. WMS is increasing the base of leased machines (which generate long term profits at the expense of short term sales) and taking the leadership role in new technology. Walk a casino and look at he games that are beining played.

Maybe the one company managed well enough to withstand this economy in the market it is in. We shall see.

One of few stocks in the world that seem just too expensive even though it operates in an industry outside of the FIRE sector of economy (FIRE = Financial, Insurance & Real Estate).
The valuation to earnings potential going forward is not worth it, nothing going for it on the dividend end, and there would be other companies in the sector that are much more desirable.



I'd sell this company to put my money elsewhere. In fact, I'd rather use that money and pour it across residential real estate, apartment buildings, other stocks, commodities, or bonds. Even if it survives the next decade, it will lag its peers and it will likely lag S&P 500.


SELL.


bearish on pbr, cog, io, mcf, chd, prgo, zep, psa, ccl, joe, celg, sndk, wms, brk-a, alxn, mygn, otex, apol, fun, uti, swn, goog, tm, bms, stec



These picks are within this CAPs account that is market neutral - all longs are offset by a short. All long & short picks are diversified across industries & world location to limit downside exposure. This CAPS account will maintain at the very least 20 picks and at the very most 80 picks. Picks will be ended in long/short pairs to remain neutral.

Survey the machines in Indian casinos. The ones made
by WMS are the most creative, have the best bonus rounds, and have good sound effects. Konami is getting better with some new clever machines. IGT needs to get on the ball.

Like the idea

I haven't been watching these stocks long, but these look the most appetizing as of right now.

Strong dividend payer

IGT just got hammered on its quarterly earnings, and they are the big dog in town. WMS results for the next few quarters will be no different in this recession economy, they are in the same boat.

Stock has peaked and will move back down to $25.00

Gotta put the garbage somewhere!

People like to gamble. This stock seems like a fun gamble as the gambling industry continues to grow across the country.

THIS STOK IS NOT A GAMBLE.......

These guysare stealing slot machine market all over the place from IGT. This is big business. New casinos, more slots constantly, plus all old ones need upgrades.

WMS makes the best slot games by far.

I have been tracking IGT for a long time now, and given their announcement of sharing server based technologies with one another, you will see yet another rise in the compatibility of games to crreate more buzz in the industry for gaming execs over the next two to 4 years. I see both companies (given the rising expansion of gaming in california, macao and other places in the world) benefitting from this partnership to garner even more revenue sharing possibilities with the casinnos and racinos. I am making my pick now even though I am only dipping my toe in really buying minimal position but adding reminders at 37 and 35 respectively.

I started watching this one on 12/26/07, just as it broke out into a new high, and I thought about buying it, but it has been getting hurt in the recent correction. It's trying to fight back, but it's still hurting.

Fundamentals are solid, and when a new bull market begins, this one would be a good one to watch.

I went to the gaming convention in vegas 06 to check out new games. All the big boys were there...but the place everyone hung out was over at WMS. The games they were pitching were plain and simple - cool. Me I'm a table games guy...but these slot machines pulled me right in. They were one of the first ones to put an aditional lcd screen over the slot machine for additional fun. It seemed like everyone else was fighting over the scraps of the same old games mixed up into one big bowl of soup. But this company seemed like they wanted to make some waves.

They have shown growth as a company, but for me...I liked what I saw first hand. If I walked into a casino I can tell you I would play one of those games.

break resistance. buy buy buy

fast money, asian gambling

Possible that legislators in Illinois will approve multiple casinos and with WMS being local to Chicago, they are licking their chops in anticipation of this market opportunity.