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Recent ShareScene.com Radio Broadcast (29/08/2007 14:00:00):

TTV - 2007 Full Year Results - Mr Ben Reichel, CEO

 

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ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.

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Recent ShareScene.com Radio Broadcast (05/11/2007 10:30:00):

TTV - 2007 Annual General Meeting - Mr Stuart McGregor, Chairman and Mr Ben Reichel, MD and CEO

 

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ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.

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Recent ShareScene.com Radio Broadcast (22/04/2008 12:30:00):

TTV - Launch of TV Wagering - Mr Ben Reichel, CEO

 

N.B. ShareScene.com Radio can normally be accessed by the 'RADIO' link, top of every page.

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ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.

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  • 4 years later...
  • 1 year later...

 

 

 

 

 

Hi all.

 

Donaco is worth a research.

 

I have put together if you are interested a run down on

the companies business, and if you are a investor it

is worth a read, and I must stress this is not investment

advice.

 

Donaco has the Lao Cai international hotel Casino which

abuts the Chinese border of Yunnan Province with Nth -

Vietnam, and the Yunnan Province has a population of 46

Million People, the existing Casino has 34 Rooms and has

8 Gaming tables and Poker machines.

 

Donaco presently are having a 5 STAR Casino Resort

constructed with 428 Rooms and have the nod from the

Vietnamese Gov, that they will be allowed 50 Gaming

Tables, they have capacity for 300 Poker machines, of

which 150 are slot, the others electronic, and I forgot to

mention the current Casino has a licence for only 8

Gaming tables.

 

The new Casino will have a soft opening in May 2014

with 200 rooms AND 26 Tables operating, the Casino will

be fully operable by July 2014.

 

Gamblers are sourced through Junket Operators, Gamblers

are booked into the resort at the junket Operators

expense, in exchange for a commission of the casinos

winnings, these gamblers must have a minimum US$100,000

to be booked in, I mean on them, they currently use a

roster system for the junket operators.

 

Size of betting allowed.

 

Min bets on Baccarat & Sic Bo, are A$34 and the max bet is

A$17,000.

 

Also the company had a current MOU with the goverment

to take 20% of the goverments holding bringing the total

Donaco holding to 95%, for a cost of $4 Million, which has

been executed.

The goverment does not allow its citizens to gamble inside

Vietnam, but currently the gov is exploring Gaming as a

Catalyst to drive tourism, and also considering allowing

its own citizens to gamble inside its borders.

 

The nearest Casino is 450 Km away in Ha Long Bay, and it

has to compete against Macau which is 2 Hrs flying time

away and they those gamblers have to have a Visa.

The gamblers from Yunnan Province only need a Border Pass

to enter.

 

Financials.

Net profit after tax was $7,026,197 up 41% on the pcp and

earnings of 2.6 cents p/s.

For the September Qtr just past the profit was $1,667,071

up a staggering 515% on the 2012 qtr, also the gaming

Licence is being extendeD from 2032 to 2044.

 

Donaco also operate a leading mobile payment business in

Malaysia & Singapors, it also focuses on the Mobile

enterprise segment, clients including CIMB,CITIBANK &

MAYBANK, mobile banking.

 

Look they have other Irons in the fire so if you go to

their website and research you will see where I am

coming from.

 

Tomorrow Donaco Release their half year results.

 

PDYOR.

 

Cheers.

Simmo

 

 

 

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  • 6 months later...

this may help DNA

 

Vietnam Casinos May Get Local Gamblers in State Revenue Push

 

http://www.bloomberg.com/news/2014-08-28/c...venue-push.html

 

 

 

Vietnam is drawing closer to allowing its citizens to gamble in the nationÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s casinos as the government tries to boost revenue and compete for regional gaming investment. The finance ministry plans to submit the final draft of a new casino decree to Prime Minister Nguyen Tan Dung as soon as October, Ngo Van Tuan, head of the department for banking and finance at the ministry, said by telephone in Hanoi yesterday. Approval is likely before the end of the year, he said. The decree is modeled on SingaporeÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s gaming regulations and would permit Vietnamese to enter local casinos.

 

ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“There are many Vietnamese who gamble at casinos in Singapore and Cambodia, and itÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s obvious that weÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ve lost some state revenue here,ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ said Phan Thi Thu Hien, deputy head of the banking and finance department. ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“WeÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ve studied what regional countries have done and think we should do the same. These changes would help increase government income.ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ

 

Vietnamese policy makers are seeking to replicate the success of Singapore and Macau in attracting gaming resorts and tourism. VietnamÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s government is grappling with the challenge of spurring an economy that risks missing this yearÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s growth target of 5.8 percent.

 

 

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