32Red plc, the award-winning online casino, poker and bingo operator was established in 2002 and listed on the London Stock Exchange governed Alternative Investment Market (AIM) in 2005. 32Red is licensed and regulated by the Government of Gibraltar, where the Company's entire operations are located.
32Red was founded by Ed Ware, who left his position as Managing Director of Ladbrokes International in 2000 to pursue his vision of an independent, specialist online casino. Backed by friends and associates and a good deal of personal financial commitment, Ed and the talented management team he has assembled have grown 32Red from a start-up venture into one of the industry's most respected operators.

Since inception, all 32Red operations (including marketing, customer support, IT, maintenance of customer accounts and payment processing) have been managed from offices in Gibraltar. The Company's servers host MicroGaming casino software which is used to generate all casino game play and to maintain customer accounts. 32Red's Poker activities are offered through the Prima Poker network with customer support and account maintenance managed in-house by the 32Red team in Gibraltar.

32Red currently employs circa 40 people. The Company enjoys a young and vibrant culture where senior managers are in touch with the needs of the players and those charged with delivering the 32Red philosophy at the sharp end.


http://www.32redplc.com/

Trading update

22 Jul Numis 120.00 Buy

ST of IC today - I rate 32Red's shares a decent buy offering 20 per cent upside to my target price of 90p. Buy.

Interim results

32Red PLC (TTR:LSE) set a new 52-week high during today's trading session when it reached 87.00. Over this period, the share price is up 91.64%.

ST of IC today - True, 32 Red's shares are now priced on 14.5 times house broker Numis Securities' upgraded full-year EPS estimates of 6.5p, but still only trade on nine times the fiscal 2016 EPS estimate of 10.5p and are 20 per cent below Numis's 120p target price. Furthermore, 32 Red has net funds of £5.7m, or 6.5p a share, on its balance sheet after factoring in the summer acquisition of remote online gaming operator Roxy Palace. So with cash available for further earnings-accretive acquisitions, and underpinned by a prospective dividend yield of 2.8 per cent, I would run your 100 per cent gains.

Reached a £1. Broker 22 Jul Numis 120.00 Buy .

Comment on Share Price movement
RNS
RNS Number : 7342F
32Red Plc
13 November 2015



32Red plc

("32Red" or the "Company")


Comment on Share Price movement




32Red, the award-winning online gaming operator, notes the sudden weakness in its share price today.

The Company can confirm that it continues to trade in line with expectations for the full year to December 2015 and the Directors know of no operational or financial reason for the share price fall.

Further detail in this regard will follow within the Company's trading update announcement in January.

strange to make such a big deal when the whole market is in meltdown ..... and this is just a new and fairly twiddly company so always prone to gyrations

Director Dealing
RNS
RNS Number : 4323H
32Red Plc
30 November 2015

32Red Plc

("32Red" or "the Company")



Director Dealing

The Company was informed today that Eileen Bowen, the wife of David Bowen, Non-Executive Director, acquired 20,200 ordinary shares in the Company at a price of £1.024 per share on 27 November 2015.

Following the acquisition, Mr Bowen is interested in 20,200 ordinary shares of the Company, representing 0.02% of the total issued share capital and Total Voting Rights of the Company.

32Red PLC (TTR:LSE) set a new 52-week high during today's trading session when it reached 105.50. Over this period, the share price is up 163.13%

32Red PLC (TTR:LSE) set a new 52-week high during today's trading session when it reached 117.50. Over this period, the share price is up 211.27%.

32Red PLC (TTR:LSE) set a new 52-week high during today's trading session when it reached 122.00. Over this period, the share price is up 224.00%

Well past the broker price of 120p now, could do with an upgrade.

New high
32Red PLC (TTR:LSE) set a new 52-week high during today's trading session when it reached 142.94. Over this period, the share price is up 297.06%.

not many of these in the current climate!

Doing well, but unsure why the climb? A very red day otherwise.

Broker Forecast - Numis issues a broker note on 32Red PLC
Numis today reaffirms its buy investment rating on 32Red PLC (LON:TTR) and raised its price target to 200p (from 160p). Story provided by StockMarketWire.com

Post close trading update

21 Jan Numis 200.00 Buy