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AINSWORTH GAME TECHNOLOGY LIMITED (AGI)

AINSWORTH GAME TECHNOLOGY LIMITED (AGI)

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General Information
Company Name: Ainsworth Game Technology Limited
Stock Code: AGI
Website: www.ainsworth.com.au
GICS Sub-Industry: Casinos & Gaming
Market Cap ($M): 181
Equiv. Shares (M): 279

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.650 $ 0.660 $ 0.660 $ 0.650 $ 0.685 100,500 $ -0.035  -5.109 %

Current Broker Consensus Recommendation more
Recommendation: Hold
Recommendation Date: 22nd Dec 2006
12 Month Target Price (average): $0
Brokers Surveyed: 1

Company Overview

Business Description:
Ainsworth Game Technology Limited (AGI) is an ASX listed company focusing on the design, development, production, sale, and servicing of gaming machines and other services related to equipment. The Company distributes a range of gaming products, entertaining standalone progressives and linked games through its sales offices and distributors in Australia, New Zealand, Asia, USA and Europe. AGI’s development and manufacturing facilities are located in Australia.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A 23.1 8.3 -- 2.4 0.0 0.0 --
2010  A -2.7 -1.0 -- 0.0 0.0 0.0 --
2009  A -12.5 -4.5 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F
Ainsworth Game Technology (AGI) $191 M -- -- -- 8.2630 -- -- 0.0000 -- --
Crown (CWN) $6,111 M 0.1491 0.2490 0.1526 18.9433 15.1663 13.1587 0.0441 0.0441 0.0441
Echo Entertainment Group (EGP) $2,525 M -- -0.3501 0.2829 11.1720 17.1897 13.3991 0.0000 0.0290 0.0373
Tabcorp (TAH) $2,046 M 1.2451 -0.4066 -0.5051 3.5697 6.0155 12.1559 0.1498 0.0827 0.0661
Tatts Group (TTS) $3,312 M -0.0709 0.1084 -0.3063 11.4405 10.3218 14.8795 0.0870 0.0931 0.0671

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
AGI 0.20 7.84 4.69 -- 1.85
Market 1.23 11.2 1.09 1.30 2.77
Sector 0.83 11.5 1.51 1.17 1.06

Directors
Name Position Start Date
Mr Leonard (Len) Hastings Ainsworth Chairman 07 March 1995
Mr Daniel Eric Gladstone Chief Executive Officer,Executive Director (other) 25 February 2010
Mr Stewart L Wallis Non-Executive Director 21 February 2002
Graeme Campbell Non-Executive Director 18 September 2007
Mr Michael Yates Non-Executive Director 15 December 2009

Management
Name Position
Mark Ludski Chief Financial Officer, Company Secretary
I Cooper General Manager Manufacturing
V Bruzzese General Manager Technical Services
S Clarebrough Group General Manager Strategy and Development
M Cuadros Vice President Operations Finance & HR Americas

Substantial Shareholders
Holding Name
174,044,331 (62.39%) Leonard Hastings Ainsworth
30,185,528 (10.82%) Votraint No. 1019 Pty Ltd (Braesyde Super Fund A/C)

Calendar of Events
Date Event
22 October 2012 Report (Annual)
29 August 2012 Report (Prelim)
23 August 2012 Report (Prelim)
23 February 2012 Report (Interim)
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