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Could you be a winner... (CRT)     

dawsinho - 14 Mar 2006 08:59

CHARIOT (UK) PLC
ADMISSION TO AIM
COMMENCEMENT OF DEALING IN SHARES
Chariot (UK) plc (Chariot or the Company), a new venture which intends to retail lottery tickets on behalf of charities, is pleased to announce that dealings have today commenced in its shares following its admission to AIM, a market operated by the London Stock Exchange. Unconditional dealings in Chariots ordinary shares will commence at 8.00am this morning under the ticker symbol CRT.

Prior to, and conditional upon admission, the Company raised 9.6 million (gross), through a placing of 8,350,000 new ordinary shares of 1p each at 115p per share. Following the placing Chariot has 15,964,250 shares in issue and an approximate market capitalisation of 18 million at the placing price.

Noble & Company Limited is acting as the Companys broker and nominated advisor.

Proceeds from the placing will be used to fund the Companys working capital requirements and the marketing and promotion costs associated with the launch of the venture, which is expected to take place during the first half of 2006.

Commenting on the announcement, Craig Freeman, Managing Director of Chariot, said:

"We are pleased to have successfully completed our flotation. The funds raised will provide us with a strong platform upon which to launch our game in 2006 and we look forward to delivering a new and exciting lottery for the benefit of players and charity partners alike".


For further information contact:

Peter Otero, Bell Pottinger Corporate & Financial: 020 7861 3232
Nick Naylor, Noble & Company Ltd: 020 7763 2200
Notes to Editors

Chariot was founded in April 2003 with the aim of increasing the percentage contribution, per ticket sold, to registered charities relative to the Companys main potential competitor, The National Lottery. Chariot will allow the lottery players to choose the registered charity benefiting from their lottery ticket purchases
Chariot is developing its lottery concept into a business model that will be run under society lottery rules.
Players are expected to play the game primarily through the internet. Other methods of playing will be via phone and post.
To date, over 50 charities have signed contractually binding agreements to participate .
The Board has extensive experience of operating lotteries as well as expertise in the gaming and charity sectors. Craig Freeman, Managing Director of Chariot, has start-up experience in the Australian media sector. Tim Holley, Chairman of Chariot, has been actively involved in a number of lottery projects around the world.

http://www.chariot.org.uk

Chart.aspx?Provider=EODIntra&Code=CRT&Si

dawsinho - 14 Mar 2006 09:04 - 2 of 35

I actually feel v smug after that title...

please feel free to discuss, i will post some more info when i have some more time.

Ta

daws

capoz77 - 14 Mar 2006 22:50 - 3 of 35

Looks very promising. Great, experienced board of directors. Has a very unique selling point and only real competition comes from National Lottery. Pending succesful launch it really seems like a no brainer. Would like to see some more information and research.

Capo

dawsinho - 15 Mar 2006 15:56 - 4 of 35

Take a look at the following link, takes a second to register and look up crt.
http://http://www.edisoninvestmentresearch.co.uk/

A very intresting research note with plenty of info, Edison are predicting turnover of 390m in 07 and 585m in 08 - with pbt of 28m in 07 and 40m in 08.. with a market cap of around 22 million this has gotta be good value asuming the that all goes to plan.

dawsinho - 19 Mar 2006 20:36 - 5 of 35

copied from another board, all looks v positive.

daws

http://www.thebusinessonline.com/Stories.aspx?StoryId=45C1787E-9D80-4D51-BD68-01E815D377C0&page=1

Aim Investor
By Andrew Griffiths
19 March 2006


CHARIOT, which recently raised 10m at 115p, looks a cracking idea and just the sort of thing AIM was designed for but so rarely gets. The company is to challenge the National Lottery in a most effective fashion by allowing players to choose a registered charity that will benefit.

Individual lotteries are restricted to 2m tickets per lottery, so what Chariot plans to do and this is only for starters is to run five concurrent weekly lotteries, and aim for the sale of 10m tickets at 1 each. All five will be drawn at the same time, and the idea is that the winning number combination, assuming all tickets have been sold, will win 1m.

Those assumptions would enable charities to receive 600,000 a lottery. Nearly 50 charities have agreed to promote the lotteries to 2.25m people, which they already have on their mailing lists.

The new money raised in the flotation is mainly to fund the marketing and promotion at the heart of which is a website with a number of distinctive features. Payments can be taken by internet or mobile, which will allow round-the-clock participation.

The company is recent, so there are no meaningful trading figures, and we have to wait until later this year for the launch of the lottery. The originator is Suzanne Counsell, now non-executive director, who has a 12.8% stake. A coup was the recruitment of Robert Holley, known as Tim, who ran the lottery for Camelot Group for seven years. Holley is non-executive chairman.

The challenge is commercial. Chariot admits that for the concept to work sizeable jackpots are required,and some of these may have to be funded by Chariots own kitty at least in the early stages.

Chariot is expected to be able to pay the charities 30p in the pound against Camelots 28p. Prize winners will get 55p in the pound against the National Lotterys 50p payout. At the same time, 11p against Camelots equivalent 10p is expected to make its way safely to the coffers of Chariot for expenses and profit.

Chariots board will command more than 500,000 in salaries and fees this year. You dont need to be a genius to see maximum sales of 500m would produce an annual income for Chariot of 50m.

More often than not a company which has not started to trade but which is awash with mouth-watering reward packages is heading not only for failure, but for fiasco. But in this case I dont think so. The shares, even after a rise to 142p, are an interesting speculative buy.

Andrew Griffiths is managing editor of the Aim & Ofex Newsletter www.aimnewsletter.co.uk

capoz77 - 28 Mar 2006 11:15 - 6 of 35

Lots of activity today, has there been some news?

I know its nearing the planned launch within the next 2 months

Chart.aspx?Provider=EODIntra&Code=CRT&Si

someuwin - 28 Mar 2006 19:20 - 7 of 35

Bought in today - I like the look of this one!

I see the directors wife picked up 3000 worth as well, not a big purchase but it shows confidence!.

dawsinho - 28 Mar 2006 20:32 - 8 of 35

News below.. welcome aboard someuwin. Chart is now looking v sexy indeed! Any news on the launch capoz?

daws

RNS Number:5438A
Chariot (UK) PLC
28 March 2006


For immediate release
28 March 2006


Chariot (UK) plc
("Chariot" or the "Company")

Director Shareholding


The Board of the Company announces that Penelope Holley, wife of Robert Holley
(known as Tim Holley), Non-Executive Chairman of Chariot, today purchased 1,824
ordinary shares in the Company at a price of 162p per share. Following this
transaction, the beneficial interest of Mr Holley and connected parties in the
share capital of the Company is 1,824 ordinary shares representing 0.01% of the
current issued share capital of Chariot.


The shares referred to above are 1p ordinary shares in the Company.

For further information contact:

Nick Naylor, Noble & Company Limited Tel: 020 7763 2200








This information is provided by RNS
The company news service from the London Stock Exchange
END

RDSAKFKKAB

capoz77 - 31 Mar 2006 21:56 - 9 of 35

No launch date yet as far as im aware, but look at the months and last weeks performance >>>

1 week 144.50p +29.75p +20.59%
1 month 122.00p +52.25p +42.83%

Fantastic :)

dawsinho - 01 Apr 2006 03:11 - 10 of 35

well i am a happy bunny!!! news about the launch etc will only push this baby higher i think... if edison research note is anything like right this company is v undervalued! although i think the launch is key.

smile smile smile

daws

someuwin - 03 Apr 2006 18:34 - 11 of 35

Another nice rise today!

someuwin - 05 Apr 2006 07:27 - 12 of 35

From The Independent...

Market Report:

Competition for the National Lottery is about to become serious, with traders saying Chariot Lottery is due to start advertising on 17 April. Traders have been buying the stock since it came to the market at 115p in early February, and talk of a marketing and advertising campaign sent the stock 9p higher to 191.5p.

http://news.independent.co.uk/business/analysis_and_features/article355833.ece

dawsinho - 05 Apr 2006 17:29 - 13 of 35

good to see the news coverage... if the independent article is correct, only a few more weeks to the launch. hopefully more details will be released about how they intend to market the lottery etc, maybe some more forecasts..

Daws

someuwin - 09 Apr 2006 20:27 - 14 of 35

Rumours are that lottery promotion will start Easter weekend so we should get news sometime this week - possibly tomorrow!

julian1976 - 18 Apr 2006 15:54 - 15 of 35


Your Best Lottery Gamble
By Maynard Paton (TMFMayn)
April 18, 2006


Every so often I stumble across attractive 'blue sky' investment opportunities. One such gamble I've highlighted to members of Champion Shares -- but not formally recommended to buy -- is Chariot (UK) (LSE: CRT). This small-cap AIM share is about to launch a direct alternative to the National Lottery and could, could, become a multi-bagger if things go to plan.

The story is quite simple. Chariot intends to launch five weekly lotteries before July. Each lottery will support a different charity and have a maximum of 2 million tickets. Similar to the National Lottery, Chariot's tickets will cost 1 and the draw will consist of numbers 1 to 49. I understand a player has to enter all five Chariot lotteries, pick the six winning numbers and hope nobody else has the same combination to collect the 1m jackpot.

Chariot hopes the following differences will attract punters unhappy with the current Camelot set-up:

A greater percentage of every ticket sale forwarded to charities (30p versus 28p for the National Lottery);
Players can choose the charity that benefits from their ticket purchase;
A greater proportion of every ticket sale to fund the cash prizes (55p versus 50p for the National Lottery), and;
Tickets can only be purchased online (so no lost tickets!)
Without any history of sales, profits or even running a lottery operation, clearly Chariot is blue-sky material. The sole bookkeeping highlight is a cash pile, which after February's flotation should amount to more than 11m. The money is intended to fund a marketing blitz to promote the new lotteries and shore up the prize funds (if need be).

This is the multi-bagger bit. Assuming a full take-up, ticket sales should run at 10m a week and 520m a year. With 55p in the pound returned as prize money, 30p going to charities and 4p for other expenses, Chariot expects to earn revenue of 11p from every ticket.

If a 10% operating margin is then applied to that 11p (in line with operating margins at Camelot), I calculate Chariot's annual operating profit could approach 6m. Tax at the standard 30% gives potential earnings of 4m and supports possible earnings of about 25p per share. I reviewed Chariot when the shares were 119p and therefore valued at less than five times potential profits.

Certainly there could be a massive re-rating in store should Chariot's games take off. But I've not recommended this business for Champion Shares because I'm not convinced the new lotteries will be a long-term success.

For a start, Chariot's 1m jackpot -- the main attraction to any lottery I think -- will be much smaller than Camelot's (the Lottery jackpot on Saturday is generally more than 5m). Also, I suspect few Lottery players will care an extra 2p per ticket can go to a charity of their choosing. Furthermore, I think online-only ticket sales will discourage the impulse purchases enjoyed by Camelot through retail outlets.

Nevertheless, I suspect some Champion Shares members braver than me have taken the plunge. When I highlighted Chariot last month, I happily admitted "the odds of doing well with Chariot are better than winning the jackpot in any lottery!" The price has since rallied 54% from 119p to 183.5p, so maybe I'll come to regret passing up this share.

(From the Motley Fool website )

someuwin - 20 Apr 2006 07:50 - 16 of 35

This one should start to mtor now...

Launch of new lottery

RNS Number:6999B
Chariot (UK) PLC
20 April 2006



Chariot (UK) plc

New lottery game launches

Brand name, game details and first draw date revealed


Chariot (UK) plc ("Chariot") announce today the launch of the new lottery -
'monday - the Charities Lottery'. In addition, Chariot outlined details of the
game, the game play website and the date of the first draw.


monday can be played online at www.playmonday.com with tickets on sale from 24th
April. The first draw will be online on Monday 8th May 2006 at 8pm. Thereafter,
the draw will take place every week on Mondays at 8pm.


Over the weeks leading up to the first draw, Chariot will implement an intensive
marketing campaign aimed at increasing consumer awareness of the new lottery and
driving ticket sales. This will include national television, newspaper, radio
and outdoor advertising as well as innovative online and 'guerrilla' marketing
activities.


monday will give players 27 times better odds of winning a jackpot than with the
National Lottery. There will be two consecutive draws every Monday evening and
if nobody matches all six numbers, the player with the nearest numbers will win
the jackpot. Tickets cost #1 each and charities will receive 30p of this - five
times more than they receive from The National Lottery. Players are free to
choose which charities their money goes to with five benefiting each week.


monday now has 70 beneficiary charity partners including Barnardo's, British
Heart Foundation, British Red Cross, DebRA, Macmillan Cancer Relief, Rainbow
Trust, War Child, Whizz Kidz and WWF.


Craig Freeman, Managing Director of Chariot, said:


"We are extremely excited about today's launch of monday, Britain's new
charities lottery. The money raised in our recent IPO was primarily to fund the
marketing and promotional costs for the launch of this game and, as from today,
people will be able to see and hear the results of our preparation as monday -
the Charities Lottery is brought to the attention of the general public."


- ends -

For further information contact:


Stuart Handley
Communications Director, Chariot (UK) plc: 0870 380 2121


Peter Otero
Bell Pottinger Corporate & Financial: 020 7861 3232


Nick Naylor
Noble & Company Ltd: 020 7763 2200

capoz77 - 20 Apr 2006 14:06 - 17 of 35

I wasnt aware of the launch until I seen oevr 140,000 shares being bought today and thought WOW! Very good news and i'm definetely staying in for the ride. In a few years this could be multimillion pound company.

Capoz

barrenwuffet - 20 Apr 2006 16:53 - 18 of 35

If youve had a good day please consider giving a donation to the lads dressed as Elvis racing 350 miles to the North Pole on behalf of Great Ormond Street Hospital It makes the London Marathon seem like a stroll in the park!
To donate or view how theyre getting on visit
http://www.elvispolarchallenge.co.uk/
thanks for your time

dawsinho - 21 Apr 2006 00:43 - 19 of 35

things still looking good here. we only have good news to come in the near future rgarding the launch etc and if this company can produce we could be looking at v large gains. im defo staying put, but will see how the lauch pans out etc.

ta

daws

p.s - are we the only shareholders in crt??? haha

hangon - 02 Jun 2006 16:46 - 20 of 35

Wow, what a scorcher!

Today sees the [CRT] shares fall from grace, in a spectacular fashion due to a scaling-down and Rights Issue at 5p ( subject to shareholder approval at an EGM).

Seems, Ticket-sales have been low and this affects to whole show and in particular the back-office costs need to be cut. I have to say I missed the promotion and don't know where (or how) the Public will buy the tickets......I suspect this has been overlooked in the excitement of an AIM-launch......being close to the company can hide what turns-out to be obvious later.

See RNS, for up-to-date situation.

Ultimate Cynic - 12 Jun 2006 17:06 - 21 of 35

Anyone - What is the total number of shares in issue including the new shares at 5p?
Thinking it could be worth a punt at these levels.
UC.
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