Asia Entertainment & Resources Ltd
AERL:NASDAQ
| Last | Change / % Change | Dividend Yield | Volume | Avg Volume (10 day) |
| 4.30 | 0.18 4.37% | 7.62% | 266,728 | 228.4K |
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Latest News Headlines for Asia Entertainment & Resources Ltd
Asia Entertainment & Resources Ltd. Announces Fourth Quarter and Full Year 2012 Financial Results
Asia Entertainment & Resources Ltd. ("AERL" or the "Company") (NASDAQ: AERL),
which operates through its subsidiaries and related promoter companies
that act as VIP room gaming promoters, today announced unaudited
financial results for the three months and year ended December 31, 2012.
All currency amounts are stated in United States dollars. Please refer
to the Annual Report on Form 20-F that will be filed with the Securities
and Exchange Commission on or about March 28, 2013 for the full audited
financial statements and related disclosures for the year ended December
31, 2012.
Asia Entertainment & Resources Ltd. to Announce Full Year 2012 Results on Wednesday, March 27, 2013
View more recent headlinesAsia Entertainment & Resources Ltd. ("AERL") (NASDAQ: AERL), which
operates through its subsidiaries and related promoter companies as a
VIP room gaming promoter, today announced that it will report its full
year 2012 results before the market opens on Wednesday, March 27, 2013.
Company Background
Asia Entertainment & Resources Ltd. (Asia Entertainment) is a holding company that conducts its primary business operations through its wholly owned subsidiary, Asia Gaming & Resort Limited (AGRL), and its subsidiaries. AGRL is an investment holding company of subsidiaries that, through profit interest agreements with affiliated companies known as VIP gaming promoters, are entitled to receive all of the profits of AGRL's VIP gaming promoters from VIP gaming rooms promoted by AGRL's VIP gaming promoters in casinos at major hotels in Macau. On May 18, 2011, Asia Entertainment opened VIP Room at New Galaxy Macau Resort. On November 10, 2010, the Company acquired 100% of the profit interest in King's Gaming Promotion Limited (King's Gaming). On February 2, 2010, it consummated a business combination, pursuant to which it acquired all of the outstanding capital stock of AGRL from Spring Fortune Investment Ltd. Prior to the business combination with AGRL, it had no operating business.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 4.31 | Previous Close 4.12 |
Day High 4.35 | Day Low 4.12 |
52wk High/Date 6.80 / 4/3/2012 | 52wk Low/Date 2.40 / 8/3/2012 |
% off 52wk High -36.76% | % off 52wk Low 79.17% |
Beta (5 Yr) 0.0 | Market Capitalization 166.9M |
Shares Outstanding 38.8M | Volatility Avg 62.73 |
EPS(TTM) -- | P/E Ratio 0.0x |
Dividend Announcement 8/13/2012 | Dividend Yield 7.62% |
Ex-Date 8/17/2012 | Date of Record 8/21/2012 |
Payable 0.12 - SEMI | Payable Date 8/31/2012 |
Last Trade as of 3/28/2013 4:00 PM ET | |
AERL Asia Entertainment & Resources Ltd vs. Peers
| Peers | |
|---|---|
AERL Asia Entertainment & Resources Ltd | 0.00% |
AERL Asia Entertainment & Resources Ltd | 7.30% |
AERL Asia Entertainment & Resources Ltd | 4.37% |