Up nearlly 15% today and I beleive there could be more to come.

Evil Knievil has tipped it on EvilCast and has bought in 100,000 worth of stock a notifiable interest. He rates the management very highly and says they are attracting all the big bookmakers to the online casino site including punters the likes of William Hill, Chandler, and Ladbrokes. The company are now running at a profit every month and should break into a yearly profit from the years previous loss very soon. The company also ownes in partnership with a Swiss firm Boss another casino site and by all accounts that is doing well.

Im looking at this one as a momentum play pretty high risk as there are competitors out there but I feel the management will give it the edge.

Please DYOR, and remember you are responsible for your own buying and selling actions.

cheers GF.

Im buck. Now what are wi on abut.

Got this from the other side. The Directors are in big time. So if they feel good about the business so should other investors.

graylyn - 28 Oct'06 - 12:37 - 22778 of 22796


Largest Deals (365 days)

Traded Action Notifier Price Amount Value
23-May Buy Jason Drummond 11.71p 428,000 50,118.80
22-Jul Buy Jason Drummond 8.60p 300,000 25,800.00
23-May Buy Justin Drummond 11.71p 172,000 20,141.20
23-May Buy Paul A E Tuson 11.50p 170,000 19,550.00
21-Jul Buy Justin Drummond 8.40p 150,000 12,600.00

Director Shareholdings
Notifier Holding Value*
Jason Drummond 17,507,618 1,116,111
Michael Hill 9,200,000 586,500
Justin Drummond 7,922,000 505,028
Damion Greef 1,366,055 87,086
Peter Williams 785,836 50,097
Paul A E Tuson 310,000 19,762

mickeyskint-----about 14% ish of the co. then.
2517

Plus institutional holdings. Does anyone know how many shares are in free float.

MS

The new epic for this is now MDC.

MS

This could be bollocks make your own mind up, but they are trying to sell the gambling side of the business.


Red Dog - 2 Nov'06 - 11:35 - 2 of 2


My City friend says that there is a rumor going around the City that a deal will be put to bed within 3 weeks for GBP9,375,000. Not the GBP10,000,000 every body expects, but all the same a bloody good deal, which will in his opinion will move the share price much higher.

the directors havent put a bean in.

they sold millions worth of shares a ges ago, that cost them nothing.
Since then theyve put in the odd 10k here and there.

They are slippery as a slippery shite coverd in oil and handled with oily gloves!!

Tut tut!

yeah... but they will have their 5M or so of cash, plus the <=10M of sale proceeds, so anywhere between about 12M to 15M in cash alone.... plus what they are getting in cash for the current moment in time.... if you use the FY06 numbers; it equates to about 5.2-2.8=2.4M/4 = 0.6M per quarter... and from what i recall, the gaming part of the business was only marginal, so by getting rid of it, there should be no adverse effect on the portal/advertising side.... just have a look at the previous detailed Results etc....

although the website sale, may mean that they do some writedowns of the rather large 10M or so Intangibles that they have, so the profit might not be as high as one would expect - (but i think that these intangibles were due to purchase of gambling.com so perhaps no writedowns will occur)....

either way; they seem as though they will end up having about 5c/share in cash by New Years - plus the existing operations which are actually producing their internal annual cashflow. Now, with a current sp of 6p or so.... 'tis starting to look very rosey....
They obviously know what they are doing in regards to the portals/advertising etc, so it will be interesting to see what they venture into afterwards.

[assumption that was made = website proceeds to deliver cash.....]

A couple of posts from the other side.

batman9 - 4 Nov'06 - 15:49 - 82 of 96


From pressbox.co.uk - Added: (Tue Oct 31 2006)
Gambling.com targets non-US global expansion from strengthened financial base

London (31st October) - Online gaming portal Gambling.com has beefed up resources as it unrolls its strategy for growing its reach globally.

Having just reported record year-on-year after tax profit growth of 400% to 2.5m in the year to September 2006, Gambling.coms parent company Media Corporation plc has targeted accelerated international expansion, outside the US, as a key goal.

Listed on Londons Alternative Investment Market since May 2001, Media Corporation recently changed its name from Gaming Corporation to better reflect the fact that the Group generates all its operating profit from its portals and advertising businesses.

Its 40-fold growth in revenue from just 0.4 million in 2001 has enabled the Group to build a healthy cash balance that was over 5.2 million at the end of September.

CEO Justin Drummond said the cash in the bank and the very strong performance of the Groups media and advertising businesses during 2006 meant it was now well placed to grow both organically and via acquisition.

Mr Drummond said that the Group had recently taken on extra staff to drive Gambling.coms expansion through marketing, further refining the sites targeted search capabilities and ensuring that it maximises its presence in the global market.

In line with the company strategy of dominating search in specific vertical markets, our vision for Gambling.com is to encompass all our customers requirements in the most informative and efficient way possible whether theyre searching for online casinos, the latest sporting odds or hotels in Vegas, Gambling.com will help them find exactly what theyre looking for, he said.

Gambling.com is still evaluating the full implications of the recent US anti-gaming legislation and hasnt yet seen any definitive trends emerge in its traffic and click through rates in the past month. But it has moved quickly develop new functionality for the international search engine that allows advertisers to exclude US visitors from viewing their listings.

The site provides users with the most accurate results possible, because we have a strict editorial policy that ensures a keyword search will yield only what the user asks for, and not a list of marginally related, ad hoc sites, Mr Drummond said.

And Gambling.com advertisers get increased, pre-qualified, quality traffic.



batman9 - 4 Nov'06 - 18:49 - 83 of 96


NewswireToday - /newswire/ - Cape Town, Western Cape, South Africa, 09/27/2006 - Gaming Corporations proprietary search engine Gambling.com recently announced the launch of its first major Search Syndication contract with the Gambling.co.uk network.


Gaming Corporations proprietary search engine Gambling.com gambling.com recently announced the launch of its first major Search Syndication contract with the Gambling.co.uk network. The Gambling.co.uk network is a leading Gambling portal operator and is the owner and operator of a number of top tier portals including Gambling.co.uk, Poker.co.uk, Casinos.co.uk, lotto.co.uk and Vegas.co.uk.

Under the terms of the contract Gambling.coms search functionality will be integrated into the look, feel and navigation of the Gambling.co.uk network web sites on a revenue sharing basis. The Gambling.co.uk network currently generates over 500,000 targeted unique monthly visitors.

Gambling.coms Integrated Search enables Gambling portals to incorporate Gambling.com's pay per click search functionality into its website. The provision of search functionality will allow portal operators to retain visitors longer and so provide portal operators with the opportunity to generate additional revenues. The syndicated search function will enable consumers to seamlessly search from within the network partners branded environment because both the Gambling.com search box and the results are provided directly on the partners site.

Gambling.com has created an online search engine that introduces consumers and advertisers. Advertisers bid on search terms which are relevant to their sites and pay only for consumers who click on their listings after searching targeted keywords on which the advertisers have bid. As a result, advertisers pay for self-qualified leads rather than exposures to potential consumers, as with impression-based advertising, leading to a higher average revenue per visitor.

Gambling.com's Search Syndication Network builds on the highly successful affiliate Programmes operated by Overture and Miva.

Commenting on the first major Search Syndication deal Justin Drummond, Chief Executive of Gaming Corporation plc, said,

This is a major step in establishing the Gambling.com Search Syndication network. The Gambling.co.uk network generates a large volume of targeted Gambling traffic and this will significantly increase the number of searches conducted via Gaming Corps proprietary search engine.

The integration of our search technology transforms each network partner site into a stronger and more profitable destination. Our fully integrated Syndicated Search offering provides Gambling Portal Websites with a means of adding greater content depth and new sources of traffic and revenue to their site and I am confident that we will secure further contracts with other portal operators."

Lets look at the basics
5.4m in cash
5m at least for casino.co.uk and mobile gambling - company expects in the order of 10m
Share price now at 4.87p - company valued at 14m
Subtract (cash & casino)10.4m from 14m = 3.8m

3.8m for gambling.com / eyeconomy / search business.
Company should still make well over 1m profit from above business and it should have at least 10m to invest.

Derwent... thanks for that... I need cheering up with this one after a grim week for the sp (and after mistakingly buying in at 7.35p a few months back!)
I'm hoping that in 12 months time things will be looking more healthy for this share .

i think the full year results due soon will give the shares a massive lift! 2.2 millions profits this year.

trading statement was released 26thOct with profits at 2.5m,,,so any results will already have been factored in the current woefull sp level !

The only thing that will give it a boost right now is 10m from the casino.co.uk sale, some good purchases by the Drummonds and then them stepping down to give control to someone who actually gives a damn about the company!

Are these companies correct to be selling everything when now the Democrats might change it all ?

http://www.nypost.com/seven/11172006/business/house_win_for_casinos_business_.htm

Media Corporation PLC
Notice of Results

Media Corporation Plc ('The Company')

Notification of Full Year Results

The Company will announce its results for the twelve months ended 30 September
2006 on 28 November 2006.

For further information, please contact:

Media Corporation Plc:

Trevor Phillips, Holborn PR, 020 7929 5599

Justin Drummond, Chief Executive, 020 7618 9000

decent results...still think its a shame that they are moving away from the gaming sector...especially mobile gaming

Yes they look decent enough, and on the face of it a PE of about 6, looks cheap imo.
2517

No wonder the share price has been dropping.
The directors wanted this down in order to obtain warrants at the lowest price.
Hence there has been no support to the share price fron Canaccord their broker over the last year.