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.
blackbelt
- 03 May 2005 09:23
- 643 of 1117
Great news guys, cheers for keeping the board updated SeamusH the posts convinced to but another tranche this morning. Hoping it will tick up nicely towards the results. But this is a great long term investment now it has vertical integration with cash generative acquisitions!
What does anybody think the broker rating will come up with? Its got to be at least 20p for a medium term sp?
mickeyskint
- 03 May 2005 11:23
- 644 of 1117
I think it's 29p but don't hold me to that. This is just getting stronger month by month with the risk grade coming down as well. You won't recognise this in 6 months.
MS
mickeyskint
- 04 May 2005 11:16
- 645 of 1117
From the other place. Refering to the new acquisition.
hutch189 - 4 May'05 - 10:41 - 10274 of 10279
Drummond talking to sun city editor
"when the word gambling was entered into the google search website, gambling.com was the top address users were refered to.The site then directed punters to various types of online gaming including blackjack,poker and even bingo." Mr Drummond told sun city "basically, it means that if your running a poker or casino site you're going to have to talk to us."
MS
JT Master Investor
- 05 May 2005 10:26
- 646 of 1117
Hitwise Rankings for W/E 30th April:
United Kingdom
1. (13.76 %) Casino.co.uk - http://www.casino.co.uk
2. (9.74 %) Betfair - http://www.betfair.com
3. (5.09 %) William Hill Sportsbook - http://www.willhill.com
4. (4.76 %) Ladbrokes.com - http://www.ladbrokes.com
5. (3.96 %) RacingPost.co.uk - http://www.racingpost.co.uk
6. (3.48 %) National Lottery - http://www.national-lottery.co.uk
7. (3.19 %) FindPoker.com - http://www.findpoker.com
8. (2.79 %) JackpotJoy.com - http://www.jackpotjoy.com
9. (2.58 %) Pacific Poker - http://www.pacificpoker.com
10. (2.31 %) PartyPoker.com - http://www.partypoker.com
JT Master Investor
- 05 May 2005 10:31
- 647 of 1117
Sun City Column:
A BRITISH company has paid 10.5million to buy the internet website Gambling.com from its US owners.
GAMING CORPORATION led by one-time dotcom whizzkid Jason Drummond now claims to be the Google of gambling.
Mr Drummond said that when the word gambling was entered into the Google search website, Gambling.com was the top address users were referred to.
He said the site then directed punters to various types of online gaming including blackjack, poker and even bingo.
Mr Drummond told Sun City: Basically, it means that if youre running a poker or casino site youre going to have to talk to us.
Last week the company helped launch a gambling service with mobile firm ORANGE.
Mr Drummond said: This is growing at an incredible rate and generating very strong cashflow. Its a whole new marketplace.
Gaming Corp shares closed up 0.5p at 14.5.
mickeyskint
- 05 May 2005 11:18
- 648 of 1117
It's looking good with the results out in a few days. On-line gaming is getting very big business. This one is worth a look at.
MS
JT Master Investor
- 05 May 2005 13:04
- 649 of 1117
That is the point I like Mickey when JD said that is growing at an incredible rate and generating very strong cashflow, which is all good in the long run.
The growth of GMC will be enormous in the next year, so patience will be rewarded.
The patient take money off the impatient.
mickeyskint
- 05 May 2005 15:30
- 650 of 1117
Too true JT.
LOL
MS
blackbelt
- 08 May 2005 16:49
- 651 of 1117
Tomorrow should be interesting..........this week could see the breakout of the recent trading channel and back towards the 20p level.
mickeyskint
- 09 May 2005 10:48
- 652 of 1117
A couple of interesting posts from the other side.
JackTheTrader - 6 May'05 - 16:23 - 10371 of 10392
Another angle on the recent acquisition:
Gaming Corp pays US$20m for gambling.com
UK publicly listed portal operator Gaming Corporation has paid US$20m to buy gambling.com from Jersey-based Newbold Enterprises, almost five times what Newbold paid for the site just twelve months ago.
Newbold paid US$4.25m to acquire the site from its founder Graeme Levin in late 2003, and made significant changes to its operating model.
The firm stripped out most of its affiliate ads, introduced a proprietary pay-per-click-driven search engine and made significant staff and technology efficiency cuts.
However, the speed of the resale has surprised many in the industry and Tim Rosenberg, gambling.coms managing director, said it was ahead of Newbolds strategic goals.
There was always an exit opportunity in mind, but not this soon, Rosenberg said.
We werent looking for an exit, and in terms of our day-to-day operations its not changed anything we are doing, albeit we are now going to have more resources, he added.
The deal comprised US$15.3m in cash, with the remainder made up of Gaming Corporation shares subject to a six-month lock-in.
Rosenberg, who will be retained as managing director of gambling.com, said the site would now turn its attention to marketing the gambling.com brand.
The firm has strong revenues with a gross profit of US$759,857 for Q1 2005, but the true value to Gaming Corporation is its international user base.
The firm, which also owns the casino.co.uk domain, recently bought US- and Asian-focused gambling portal Got2Bet.com and is looking to expand beyond its core UK market.
presneill31 - 6 May'05 - 18:41 - 10372 of 10392
gv
I am sure some of the later fund presentations made them aware of a major acquisition in the pipeline,so they are hardly likely to cancel their buy orders.
It is possible that the mm's may wait for the results hoping to keep the sp down on it's announcement,then hoping that a little dissapointment sets in, investors start selling,they then pick up as many as they can while a tree shake goes on they would also no doubt drop the price even further to increase their profit margin while filling the orders.
I dont trust mm's.......end
Alan
Paulo2
- 12 May 2005 10:22
- 653 of 1117
Can't help but think that these results are not going to set the world on fire. Just two days to go and I would have expected some buying. If the figures are already priced in, then this could be a long and painful summer.
axe79
- 12 May 2005 10:48
- 654 of 1117
Good morning
The results are out on Monday, and having recently spoken to JD I do think
that there will be a substantial re rating by the house broker next week.
Every one is awaiting the Interims and volume is down to a trickle. I have
just bought a further 80k @13.72p this morning.
With the growth rate that GMC are achieving I do not see much down side to
present levels.
mickeyskint
- 12 May 2005 16:09
- 655 of 1117
Good news from the other place. Axe79 is really good and knows whay he's talking about. Unlike some others.
axe79 - 12 May'05 - 15:25 - 10471 of 10472
Just been in a discusion Re GMC.
It is expected that the Interim report will be made available 7.30am Monday.
The figures will make good reading,(for the retail market) and it is thought
probable that the SP could be marked up by 2pts pre market.
If the Canaccord Capital brokers report is made available simultaneously it
will ensure a positive start with heavy retail buying expected.
For the last 10 weeks the SP has been in a tight trading range, with the holders
from the previous 3p levels having either already taken profits, or holding for
the longer term. It is not thought that the liquidity will be enough to satisfy
even steady retail demand, so the MM's will find it harder to keep an orderly
market.
On top of the Interims the 'Orange deal' is expected to produce 3.15m first
years profits alone rising to 6.3m in the 2nd year.
Current market cap is estimated to be fair value in the 55 to 65m region
moneyplus
- 12 May 2005 16:14
- 656 of 1117
Would you advise taking profits if the rise is as you expect or holding?? I held last time and watched them slip back. It's a good company I feel and I wouldn't want to be left out of the long term prospects! decisions- decisions!
mickeyskint
- 12 May 2005 16:30
- 657 of 1117
I'm in the same boat MP. I couldn't take the responsibility of advising. I would just hate myself if I got it wrong for you. I think in a year or two this could well be 's. I will probably top slice and take a free ride into uncharted waters. If axe79 is right then the share value would be 30-37p.
LOL
MS
wilbs
- 12 May 2005 16:47
- 658 of 1117
We will see on monday I guess.
wilbs
moneyplus
- 12 May 2005 16:59
- 659 of 1117
thanks MS and wilbs - MP
Paulo2
- 13 May 2005 08:21
- 660 of 1117
Glad to see people have got so much confidence in Monday's results.
blackbelt
- 13 May 2005 14:49
- 661 of 1117
I brought again this morning to take advantage of lowering my average price and wasnt as shrewd as MS and didnt get in early! Normally in all stocks theres always the "prawn sandwich brigade" who buy on the rumour and sell on the results......but cause theres been no such thing with this one especially with the market today I feel that we at least should have quite hefty demand on Mon onwards.......
mickeyskint
- 14 May 2005 10:17
- 662 of 1117
Just a reminder people, monday is results day. I don't suppose bugger all will happen.
MS