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.

they want our shares--I guess.

You got to love it when a bit of patience pays off........keep it going like this and we'l b testing the previous high........roll on the broker target

It will be interesting to see if tomorrow morning we have good volume buying the MMs try the same trick again? Personally, I'm going to hang onto mine!

pth

I think the year end is September. When the results come out the price will be a lot higher than it is now. HOLD for the real money.

MS

Yes i agree MS, it was testing for a while but all my tranches have now inched their way into profit. If Fidelity and the other institutions where prepared to come in at 14p a while ago they are obviuosly putting a double bagger in mind.....

Morning treeshake again, wonder if the previous day's pattern will be repeated?

pht

treeshake over :-))

A tree shake everyday will do me if it ends the day positive. Im going on holiday next week and hope to return with this one leveled out in a new trading range. If this can hold above 15p for the near future that would suit me just fine......

A blue day already today without a tree shake!

And no news. Are we turning the corner, I hope so.

MS

Fingers crossed Mickey ,the trouble i am having with investing is when to bank my profits.I just wish i knew how much further this has got run.
db66

That's the 64K dollar question. I won't be doing anything untill it gets into the mid 20's. In time I can see 50p. A lot of institutions on board and in a rapidly expanding sector. It's a question of having the balls to hold.

MS

From the other place.

axe79 - 16 Jun'05 - 21:26 - 11862 of 11890


Caught me out there, would you like pictures of your wife?



On to other matters......current major shareholders


Raven Noms Ltd 45,033,916 17.50%
FMR Corporation and Fidelity International Limited 16,429,048 6.38%
Cantor Fitzgerald Europe 12,958,571 4.72%
Jason Drummond 12,129,618 4.41%
Morgan Stanley Securities Ltd 11,090,000 4.31%
Marlborough Fund Managers Limited 10,000,000 3.89%
Paul M Hill 9,200,000 3.58%
HSBC Global Custody Nominees Ltd (A/C 346700) 8,315,000 3.23%

Other Directors Amount % Holding
Justin Drummond 6,285,487 2.287%
Damion Paul Greef 1,330,555 0.484%
Peter Williams 785,836 0.305%

Looking good for the retail buyers with that lot on board. Its a good chance that Friday will be a very strong day for the SP.

Raven Noms is EK--so he must own 17.50% of the company. Last update from Jason D said things were fizzing so we need lots of patience to be well rewarded IMHO of course.

I didn't know Raven Noms was EK thanks for that moneyplus. So we're in good company then with some heavy weights with serious dosh. Looks good to me. I can't wait to see 19p just to get the guv'off my back and i can stop lying.

LOL

MS

we'll make it soon!

You bet. Have a good one.

MS

Shrewd Tip: shrewdies gamble on world's biggest gaming portal


Stake-building by shrewd investors and directors suggests that Gaming Corporation's 20 million acquisition in May to make it the world's largest online gaming portal will prove to be a lucrative deal for the company.

Shares in Gaming Corporation (GMC) have shot up from less than 1p in 2003 to 15.5p via a high of 18.8p. However, this has not dimmed appetite for the stock among some key investors. On 16 May executive chairman Jason Drummond, who was something of a player in the dotcom boom, bought 350,000 shares at 13.5p. His brother Justin, who is chief executive, bought 180,000 shares in on 19 May at 13.25p and non-executive director Damion Greef bought 100,000 shares at 13.375p on 19 May.

This enthusiasm is matched by knowledgeable outsiders too. Behind the scenes AAA-rated fund manager Patrick Evershed was buying around the same time for his New Star Select Opportunities fund, which holds 12.5 million shares or 4.55% as a result. Online gambling aficionado James Thomson at Rathbone was buying shares right up until last week for the Global Opportunities fund he runs with chief investment officer Julian Chillingworth. Other notable backers include AAA John Dodd's Artemis Alpha investment trust, with 1.27%, and stockbrokers Chris Fleet and Donald Godwin of Charles Stanley, who have traded very shrewdly in QXL Ricardo's shares.

Gaming Corporation's business is a mix of its own gaming business and gambling portals, through which gamblers can access online casinos and other gaming sites. Its Casino.co.uk portal has features such as top five poker sites, a chat forum, bingo websites, articles on gaming and other useful information. Companies featured on the site pay Gaming Corporation every time a user clicks through but the company says 40% of its 3 million users end up on its own casinos. It also has a deal to supply mobile games to customers of Orange.

Last month the company bought Newbold, the owner of Gambling.com for 10.5 million, the largest US gambling portal, which is expected to make 1 million profit this year.

The online gaming business is highly cash generative and unlike a bookie the company takes a slice of all money gambled, not just that which is lost.

The risks to the business come from both ends of the legal spectrum: criminals and regulators. Online gaming is a target for money launderers, who see its potential as a global washing machine. However, since online gambling is illegal in the US, a key market, there is also the risk that the US authorities will clamp down on companies such as Gaming Corporation in as much as it is used by US customers.

In the first six months of the year turnover was up 80% to 9.9 million and gross profit rose by 174% increase to 718,000. It made a 52,000 loss before tax, compared with 386,000 last time.

Broker Canaccord Capital forecasts pre-tax profit of 380,000 this year and 2.83 million next year based on earnings per share of 0.13p rising to 0.84. On this basis it is valued at 18.5 times next year's earnings, which does not seem outrageous for a high growth company. Buy


http://www.citywire.co.uk

PCF Last week issues an RNS stating that they had been approached in the early stages of a bid. The current valuation is way to low and is about to rocket with the full bid any day. The company is moving back into profit and several broker/tipster recommended it as a buy prior to the bid news

On top of this there is a rumour of a second bidder in the wings going about

This will reach new highs this week, now is the time to get in before it heads toward 100p, current sp is 32p

IMHO

3 RNS today.....HOLDING IN COMPANY

The Company was notified on 24 June 2005 by FMR Corp, and its direct and
indirect subsidiaries, and Fidelity International Limited (FIL), and its direct
and indirect subsidiaries, that it had acquired an interest in shares that
resulted in it holding a total of 18,615,221 ordinary shares of 1p each in the
Company, being approximately 6.77 per cent of the issued share capital of the
Company.