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IS PARTY GAMING A GOOD BET (PRTY)     

moneyplus - 27 Jun 2005 18:57

This one hit the markets running today. Despite negative publicity it was well supported so I jumped in for a small holding--anyone else joining in?? I am hoping for a good run up before the shorters get going.

scottru - 06 Oct 2005 17:01 - 79 of 346

The key performance indicators (KPI) are due on the 21st October.

skids - 07 Oct 2005 09:46 - 80 of 346

Peter123, I am a holder and got in after seeing the GS broker forecast this week.

skids - 07 Oct 2005 10:49 - 81 of 346

More broker news.

Back in the top flight, volatile online poker giant PartyGaming reversed an earlier decline, to trade at the top after Citigroup Smith Barney stuck with its 'buy' stance.

The broker also slapped a price target of 160p on PartyGaming, arguing that while its business model should be sustainable the modest pick up in growth expected in September is unlikely to restore confidence.

stockbunny - 07 Oct 2005 10:51 - 82 of 346

scottru - thanks for the diary date duly noted.
:>)

skids - 07 Oct 2005 11:03 - 83 of 346

Dow Jones Newswire snippet.

0911 GMT [Dow Jones] BETonSPORTS (BSS.LN) has been "unfairly caught up in the current poker crossfire caused by PartyGaming's (PRTY.LN) September profit warning and this has masked the turnaround in the group's trading fortunes", says Numis. The group's recent 1H results were in line with market expectations and the outlook statement pointed to a strong rebound for profits in 2H 06 and FY 07. With forecast earnings growth of 72% over the next two years and a strong probability of upgrades both this year and next, Numis reaffirms its buy rating and 225p target, giving 60% upside. BETonSPORTS -0.7% at 138p. (LEV)

Peter123 - 08 Oct 2005 01:00 - 84 of 346

The 3rd Quarter figures with be out in the fortnight according to the Guardian.

skids - 08 Oct 2005 20:05 - 85 of 346

Peter123,

Yes, I have also heard that something will be posted by end of October.

skids

Peter123 - 10 Oct 2005 08:05 - 86 of 346

Guys I am out. Sold at a loss!!

stockbunny - 10 Oct 2005 10:55 - 87 of 346

Well don't blame you and ok it was at a loss, but think of it as damage limitation
I hope they don't crash further - os I'm still in! - but if they do, you've not
lost what you could have done.
In short move on Peter
:>)

skids - 10 Oct 2005 11:31 - 88 of 346

I'm still in, but now holding a loss. Holding out for the 3rd qtr update....

Peter123 - 10 Oct 2005 12:09 - 89 of 346

Guys, I sold at a massive loss. The 3rd quarter figures will be out on 21 October 2005. With the online gambling sector looking vulnerable, I am not going to take any more risks. Since they announced the growth was moderating it has been a down hill struggle. They should have phrased it better. Good luck to all Party holders!!!

hursheel - 10 Oct 2005 12:27 - 90 of 346

this looks like 30p to me

stockbunny - 10 Oct 2005 15:43 - 91 of 346

Hursheel we thank you greatly for your humour...............
and hope your wisdom is as sharp.
;>)

jimward9 - 11 Oct 2005 18:01 - 92 of 346

Been following these myself today, was getting a bit nervous, every time I checked trades they seemed to show they were starting to turn. (I do hope so as I am holding a small loss).
Did note that from 4.29pm & 5.00pm today their were 2.9 million share sales & 16 million buys. Is this the bottom ?
Will Sportingbet results give the sector a kick in the right direction on wednesday ?

cinedog - 16 Oct 2005 18:07 - 93 of 346

I am hold from 1.30p, now 0.80p a share. Will be up again, but need so much time.
I hope.

Fundamentalist - 16 Oct 2005 19:20 - 94 of 346

Rather uncomplementary views written by two funds manager in the Sunday Times judgement day article

cinedog - 16 Oct 2005 21:30 - 95 of 346

I am a hungarian in Hungary. Cant read Sunday Times.

Fundamentalist - 16 Oct 2005 22:03 - 96 of 346

cinedog

can read it anywhere in the world on the net if you can read english

http://www.timesonline.co.uk/newspaper/0,,2769-1827335,00.html

cinedog - 17 Oct 2005 09:50 - 97 of 346

Thank you!
I still hold a long from 1.28pounds

Fred1new - 08 Nov 2005 14:57 - 98 of 346

I have been stopped out of PRTY in Isa. at 88.36 and 89.08. The SP has dropped but the B/S 12/5 on large volumes.

Has there been a large undisclosed sell.

Anybody know does Level 2 show any reasons.

Bloody annoying, MMS has had some of my previous profit.
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