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DNA, DONACO INTERNATIONAL LIMITED
nipper
post Posted: Sep 4 2014, 01:21 PM
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In Reply To: simrose's post @ Feb 25 2014, 10:10 PM

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



QUOTE
Vietnam is drawing closer to allowing its citizens to gamble in the nation’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 Singapore’s gaming regulations and would permit Vietnamese to enter local casinos.

“There are many Vietnamese who gamble at casinos in Singapore and Cambodia, and it’s obvious that we’ve lost some state revenue here,” said Phan Thi Thu Hien, deputy head of the banking and finance department. “We’ve studied what regional countries have done and think we should do the same. These changes would help increase government income.”

Vietnamese policy makers are seeking to replicate the success of Singapore and Macau in attracting gaming resorts and tourism. Vietnam’s government is grappling with the challenge of spurring an economy that risks missing this year’s growth target of 5.8 percent.






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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
simrose
post Posted: Feb 25 2014, 10:10 PM
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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




 
ShareScene.com
post Posted: Feb 22 2013, 02:07 PM
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Company name updated -

From: TWO WAY LIMITED (TTV)
To: DONACO INTERNATIONAL LIMITED (DNA)

Regards,
ShareScene.com.au

 
RADIO
post Posted: Apr 29 2008, 12:57 PM
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user posted image
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.
-------------------------------------------------------------------------------------------------------------
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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RADIO
post Posted: Nov 6 2007, 10:09 AM
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Posts: 3,268
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user posted image
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

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

 
RADIO
post Posted: Sep 3 2007, 01:19 PM
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Posts: 3,268
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user posted image
Recent ShareScene.com Radio Broadcast (29/08/2007 14:00:00):
TTV - 2007 Full Year Results - Mr Ben Reichel, CEO

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

Share Cafe Sentifi Top themes and market attention on:


macrae
post Posted: Jul 4 2007, 11:22 AM
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Updated chart below: smile.gif
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<b>"The higher a monkey climbs, the more you see of his behind." </b>
 
macrae
post Posted: Jul 3 2007, 09:42 AM
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Posts: 2,906
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The below chart is signalling a reveraal of trend: cool.gif
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<b>"The higher a monkey climbs, the more you see of his behind." </b>
 
macrae
post Posted: Jul 1 2007, 10:05 PM
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Posts: 2,906
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Updated chart below: wink.gif
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<b>"The higher a monkey climbs, the more you see of his behind." </b>
 
RADIO
post Posted: Jun 29 2007, 04:18 PM
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Posts: 3,268
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user posted image
Recent ShareScene.com Radio Broadcast (29/06/2007 10:30:00):
TTV - Key Management and Board Appointments - Mr Ben Reichel, COO and Mr Chris Grant-Foster, CEO

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