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Media Corp (Gaming Corpoartion GMC)Attracting Some Big Names. (MDC)     

goldfinger - 05 Dec 2003 00:33

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.

Paulo2 - 25 Feb 2005 16:18 - 172 of 1117

Monday should be interesting, with press coverage of GMC hopefully and SEO's results due!!

marshy69 - 25 Feb 2005 17:18 - 173 of 1117

hello gentlemen

rolling with this share for the time being

Fill the boots!!!

mickeyskint - 25 Feb 2005 17:50 - 174 of 1117

That was a fun day. Now what is going to happen next week. Can we belive Evil when he said that he is not going to sell? Yes of course we can. 60p would do me very nicely. The fact that an offer of 25p is on the table would indicate to me the shares are worth a lot more. 25p may well be the opening bid. If the Directors are as good as Evil thinks then 25p won't come near.

LOL

MS

EWRobson - 25 Feb 2005 19:55 - 175 of 1117

Agree, mickey (hey, I've just agreed with you somewhere else!). Good thing would be to have a 25p bid - turned down. Interesting RNS. Read out to me by blue index and my response was - nothing new there! I suspect just to divert the flak! Hold for 60p folk or at least a decent part of the journey. Won't take long at supersonic speeds!

bhunt: re CFDs, drop me an e-mail if you want to discuss.

Eric

bigbobjoylove - 26 Feb 2005 13:05 - 176 of 1117

wot price the bell on monday 23-25? thats my guess.

mickeyskint - 26 Feb 2005 16:52 - 177 of 1117

Got this from the other place, a good read.

NEWS



POKERS BOOM HITS ONLINE GAMBLING

A study has revealed that the recent poker boom has not only reached casinos across the world, but computers world wide too. A study completed by consulting firm MECN analyses one of the hottest topics in the gambling industry online poker.

As gambling reinvents itself constantly it seems online poker is the product that seems to be the current guarantor of future growth rates.

The success story of online poker began some years ago, and as Martin Oelbermann, co-author of the study, explains "Online poker is the perfect symbiosis of two mega trends in gambling: online gambling and poker."

What began as triumphant advance in the USA is now leading to a global poker wave on the Internet with tremendous potential.

- The amount gambled on poker websites around the world in 2005 is estimated to be more than USD 60 billion.

- More than 60% of the industry experts surveyed believe that online poker will be the dominant offer in online gambling in 2-3 years.

- 75% of the industry experts surveyed believe that the global annual rake/commission in the 2-3 years will be more than USD 4 billion.

Another important reason for the rapid growth of online poker is the increasing number of successful TV shows featuring poker, and as Martin Oelbermann explains, "When poker is on the air, it's the online poker sites that profit instantaneously." There are many examples of successful poker TV coverage, among them the World Series of Poker on ESPN, Celebrity Poker on Bravo, and the European Poker Tour on Eurosport.

Online poker has also gone up in the estimation of the global business and financial community. Betting heavyweight Sportingbet just recently bought poker site Paradise Poker for about USD 300 million. "Not a bad price for a site launched in 1999, but more than 53% of the experts surveyed believe this price to be appropriate investors just seem to love the online poker story," adds Martin Oelbermann. A statement that seems to be confirmed by whispers that PartyGaming/iGlobalMedia (PartyPoker) is planning an IPO with an estimated evaluation between USD 4 billion and 8 USD billion.

But the MECN study also points out that the online poker market will become a tougher market in the future. With decreasing revenues per active player and growing competition, the poker operators have to find successful strategies for the future. The industry insiders surveyed recommend as the most important strategies for the future the creation of poker networks, the entry into the market by more betting brands such as Ladbrokes, and the consolidation of poker sites.

When it comes to geographical expansion, Europe seems to be the place to go; 52% of the experts believe that Europe offers the greatest future potential for online poker. Market leader PartyPoker, for example, is planning to launch its presence on television throughout Europe very soon and already operates its site in one other language besides English, namely, German.

The study can be obtained at http://www.poker.mecn.net

LOL

MS

mickeyskint - 26 Feb 2005 17:22 - 178 of 1117

Found this as well. Seems there is a shortage of free stock. Only about 40 mil in play.

Not updated.

Major shareholders/directors now hold 78.4% of the company (145 million shares)
That leaves 40 million in free float between smaller investors

Shares in issue: 184.8m 1p Ords
Major Shareholders
Amount
% Holding

Raven Noms Ltd
45,033,916
24.37

Jason Kingsley Drummond
28,059,236
15.18

Marlborough Fund Managers Limited
10,000,000
5.41

Paul M Hill
9,200,000
4.98

HSBC Global Custody Nominees Ltd (A/C 346700)
8,315,000
4.50

City Equities Nominees Ltd
6,950,000
3.76

LR Noms Ltd
6,870,243
3.72

Cantor Fitzgerald Europe
6,600,000
3.57

Justin Drummond
6,105,487
3.30

Hanover Nominees Ltd
5,600,000
3.03


Other Directors
Amount
% Holding

Charles Black
5,381,104
2.912

Damion Paul Greef
3,361,111
1.819

Peter Williams
3,293,895
1.782

David Samuel Rogers
100,000
0.054

MS

mickeyskint - 26 Feb 2005 17:27 - 179 of 1117

And agin from the other place. Next week will be very interesting, exciting and nail biting. Can't wait.

Since most of the shares were snapped up at around 2p, but the company's prospects have since increased, there is clearly a shortage of stocks. Not including Cantor's, Evil's and other recent buys, last count was 40 million in free float. Not a lot at all considering how much was traded today. Easy to see why the price is rising on big buy volumes. Basic supply/demand. Profit takers aside, I have not seen a significant dump in the last 2 weeks.

LOL

MS

EWRobson - 26 Feb 2005 18:04 - 180 of 1117

mickeyskint: you are a mega-hero. Your research is fantastic and, even better, you have posted it here. There will be demand for 40M shares on Monday! There are 40M shares in free circulation - and mine aren't available! So what on earth do the MMs do? What would I do? Mark the prioce up so much that it slows down the demand? Problem is, and I suspect there is a name for this theory (if not, I will patent it!) the more you put the price up, the more people will want to be in. Why should it stop when you see the mega-values on poker stocks? And GMC have the leading internet casino site plus a new poker site plus poker games. The world of investing has to be on board! Why are you so cautious bigbobjoylove? lol! Hope holders read this thread and DO NOT SELL!
ROFL! All the way to the bank!

Eric

maddoctor - 26 Feb 2005 19:14 - 181 of 1117

Eric , have a read of "the online gamble" Shares rag.

vwrich - 26 Feb 2005 19:55 - 182 of 1117

im in for the long , still plenty more to come , a big demand again on monday, should see the other side of 20p.

EWRobson - 26 Feb 2005 21:54 - 183 of 1117

Maddoctor: "TA says short, soon" - don't get the reference. Brave to go against the trend on SBT (Sporting bet). So on-line gambling marhet will only increase from $8bill. to $10b out of market of $200b. Talking about an increasing share of an increasing market. SBT may, as they suggest, be having back-office problems in the US. Nothing to trouble GMC there: still a minnow but going places if the Directors can have the courage to see off any bid from SBT. Suggest we all stay on board and don't let go until 60p is reached.

Eric

jimmy b - 26 Feb 2005 22:04 - 184 of 1117

I think i will dive in on this on monday,,i thought i had left it too late ,,but maybe not..JB

short termism - 27 Feb 2005 02:28 - 185 of 1117


http://www.timesonline.co.uk/article/0,,2095-1502214,00.html

short termism - 27 Feb 2005 02:44 - 186 of 1117

http://www.businessweek.com/bwdaily/dnflash/feb2005/nf20050225_9794_db039.htm






short termism - 27 Feb 2005 02:50 - 187 of 1117

http://www.gamblinggates.com/News/24022005/Onlinepoker_boom64071.html

AdieH - 27 Feb 2005 09:35 - 188 of 1117

Some excellent posts on this thread, keep em coming, its much appreciated, good luck to all holders this is some ride were having... Special thanks to goldfinger for the original post and without which I would not have seen this little beautie... Thanks Goldfinger (very appropriate name). Will you be going to the Bowling night in Guildford?

short termism - 27 Feb 2005 09:56 - 189 of 1117

http://www.belfasttelegraph.co.uk/news/features/story.jsp?story=613850

bigbobjoylove - 27 Feb 2005 10:12 - 190 of 1117

THIS WILL BE ROCKETING COME THE MORN,I've an order for 50000 @ 19.5 for the shareclub.
Question : can i trade with comdirect pre 8 am ?? Keep seeing these trades at pre market yet comdirect won't deal online before 8.Where or who deals pre 8???

short termism - 27 Feb 2005 10:31 - 191 of 1117

Do you really believe this will op[en up flat Bob? You are suggesting you will get in at Fridays close?
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