AINSWORTH GAME TECHNOLOGY (AGI) Shares

ABOUT AINSWORTH GAME TECHNOLOGY

Ainsworth Game Technology Limited specializes in gaming machine solutions. The company’s portfolio includes the design, development, production, leasing, selling and servicing of gaming machines and related services.

These are offered to several markets, including online licenced Real Money gambling and social gaming. Some of its popular games include Big Chief Mystery, Big Hit Jackpots, Frontier, Double Shot King Spin and MultiPlay Big Time.

The company operates in more than 50 countries across Australia, New Zealand, North America, Latin America, Asia and Europe.

Ainsworth Gaming Technology Limited employs approximately 500 people world-wide and is headquartered in Newington, Sydney, Australia. 

OVERVIEW OF AINSWORTH GAME TECHNOLOGY

• In 1995 Ainsworth Game Technology is founded by Len Ainsworth. The company is created with the idea to become the leading gaming solutions manufacturer and supplier.

• During the next few years the company develops these gaming machines and in 2001 it introduces the Ambassador – an innovative, large screen gaming machine with a selection of highly animated games. The machine has a powerful processor as well as electronics and is the first of several that would be developed in the future. In the following years the company buys businesses to expand its portfolio and geographical range.

• By 2007 Ainsworth Game Technology’s machines are popular across the globe and known for its sustainability, performance and entertainment.

• The early 2010’s sees the company releases the A560SL cabinet that offers a variety of unique games such as the well-known Rumble Rumble and Players Paradise.

• It expands to New Zealand, which increases its revenues by 48 percent. By 2015 more products are launched that supports extensive gaming libraries.

• In 2018 Novomatic AG, a gaming supplier and operator from Austria, buys 52 percent stake in the company for a price of € 300 million.

VISION & VALUES OF AINSWORTH GAME TECHNOLOGY

• Ainsworth Game Technology Limited’s vision is to deliver excellence and be the leader in the global gaming industry.

• The company values its customers and shareholders, integrity, innovation and reliability. Ainsworth Game Technology Limited’s mission is to offer its customers innovative, high-quality solutions world-wide and to create sustainable growth and high earnings for its shareholders.

MARKET PERFORMANCE OF AINSWORTH GAME TECHNOLOGY

• Ainsworth Game Technology Limited trades on the Australian Securities Exchange under the ASX stock symbol AGI.

• Data analysis for the company’s financial results for the year ending 30 June 2019 reports a total revenue of US Dollar 234.3 million. Profit after tax is US Dollar 10.9 million.

• Underlying EBITDA is US Dollar 43.0 million and reported EBITDA is US Dollar 44.8 million. EBIT is US Dollar 11.4 million. Profit before tax is US Dollar 14.7 million and profit for the year is US Dollar 10.9 million. Total assets are US Dollar 483.3 million. Fully diluted earnings are 3.0 cents per share. Dividends paid are US Dollar 8.3 million.

Buy AINSWORTH GAME TECHNOLOGY stocks / shares – A Step by Step Guide how to Buy / Purchase AINSWORTH GAME TECHNOLOGY Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy AINSWORTH GAME TECHNOLOGY Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN AINSWORTH GAME TECHNOLOGY STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE AINSWORTH GAME TECHNOLOGY STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of AINSWORTH GAME TECHNOLOGY stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy AINSWORTH GAME TECHNOLOGY stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?