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.

From the other side, a positive post.

mdchand - 20 Oct'05 - 16:58 - 14174 of 14241


Gaming Corporation

GMC.L / 10.3p / 28.2m / Strong Buy from Buy
We initiated coverage on Gaming Corporation (our report "A magnet for gaming customers"; 23 Aug; 32pp) when its share price was 13p, but they have suffered in line with the dip in sentiment surrounding the online gambling operators and closed at a low of 10.25p last night. We feel that this is harsh given the relative attraction of the GMC business model and the confidence expressed in its trading statement (14 September). We expect over 60% of gross profit to come from advertising fees from other operators who are keen to secure space on the group's heavily-trafficked gambling-themed portals, Gambling.com and Casino.co.uk. In the statement, GMC said that during the early months of ownership the Gambling.com business had continued to exceed their expectations at the time of acquisition and that growing customer acquisition costs were proving beneficial to the business (as operators are now paying 50% higher rates to the group). It also said that the mobile gaming service set up with in
partnership with Orange UK had exceeded its initial customer registration and revenue generation targets. We have included only a very modest contribution from this revenue stream in our forecasts, so this could provide an upgrade at a later stage if progress continues to be encouraging. There has been a month's delay in launching a new online poker service (which will also be available via mobile devices) but we understand that the launch remains imminent. Sector ratings have come back but even if this leaves our target price of 21p (which would put the stock on a 2006E P/E of 22.5x, falling to 12.6x) looking a little aggressive, we are confident that there is substantial upside here. The company concluded the recent update by stating that operating profit before exceptionals would be materially higher than management's earlier expectations and bullish comments on the group's progress. We are therefore raising our recommendation to Strong Buy.

I remember some time ago having a conversation with someone else on this BB in regards to the penetration of gambling over mobile phones......and how it would be difficult from a marketing perspective, as for the time being it was not allowed for a company to send you ads of any sort to your mobile - be that in texts or otherwise - unless you had previously given them permission to do so.......

i have recently read on the t1ps.com site how the Evil one is going short on a company because he believes that the "forthcoming launch of Smart Ads"......" a free to use mobile phone service where the customers "pay" by agreeing to receive annoying adverts."; will have a negative impact on them......

- from GMC's point of view; surely this would be a perfect way to get into the mobile phones of the bored commuters during their peak hour rush to and from work - perhaps offering them free games that lead into some form of gambling - the way they do on their website......that is of course if they are allowed to eventually advertise thru this type of service.....

nevertheless - the communication medium has been opened.

The right time to buy, DV, was when the offer was 10.25p.

Unfortunately I got back in just before the drop at 12.18 so only looking at a profit now.

Can see it rising to 15p pre-results and I'll be looking to sell my trading block at 18p, hopefully. My core holding will be staying in the bank until the company is bought out -- or there's a rumour of a bid.

Speaking of rumours, it seems T-Mobile could be the next network to sign up.

Hi, anyone got any explanations to offer on the slip in sp we've seen over the last two days?

I read many theories on other BBs including "natural retrace following a buying phase" and even that the trade at 09:58 yesterday of 1 share is a MM signal to hold the sp back!

Any thoughts much appreciated.

PS Usually post on ADVFN but since they've redesigned their site I cannot view it from my work PC - anyone in a similar boat?

Check out the future, boys and gals:

http://poker.casino.co.uk/default.aspx

GMC has the two best portals in the business -- www.casino.co.uk and www.gambling.com -- and they'll both soon be directing punters to its own casino site.

You can now download the software to your desktop by pushing the play now button. Official opening can't be too far away.

The results should be out later this month broker price target of 21p.

MS

Results Nov 22, mickey!!

Paulo2

Thanks for that. I'm feeling pretty good about these. The Drummond brothers are shrewd guys and with all the changes since last year it's looking good. Just needed patience.

LOL
MS

Gaming Corporation PLC


1 November 2005

Gaming Corporation Plc ('the Company')

Notification of Full Year Results

Gaming Corporation Plc will announce its results for the twelve months ended 30
September 2005 on 22 November 2005.

There will be a presentation for analysts and investors at the offices of the
Company, 77 Queen Victoria Street, London, EC4V 4AY at 10am.

For further information, please contact:

Gaming Corporation Plc:

Damion Greef, Communications Director, 07736 381 030
Trevor Phillips, Holborn PR, 020 7929 5599
Justin Drummond, Chief Executive, 020 7618 9000
Jason Drummond, Chairman, 020 7618 9000

Make of this what you will. From the other place.

shaz247 - 2 Nov'05 - 13:38 - 14536 of 14541


I think we can safely disregard talk about current P/E and concentrate more on 2006 P/E ratios. Currently the P/E is around the 35-40 mark which is deserved given the high growth being experienced at GMC.

Next year GMC is forecast to earn a profit of 3-4 million pounds, therefore on current valuations that would make its 2006 P/E of less than 10 assuming a static share price. 2007 profit is estimated at the 7-8 million pounds mark which again shows significant growth from 2005 and 2006.

This rate of growth leads myself to believe that the market could easily rate GMC with a high P/E similar to this years levels to reflect high growth. On that basis GMC could easily have market cap 0f 150-200 million during 2006 which would make the sp around 70p marker.

Are we on the move at last up 6.5% today. Or is it another false dawn. Results out on the 22nd and a bit of faith being restored in the gaming sector. Lets hope so.

MS

I reckon a false dawn because how many times have we seen good rises only to see them disapperar either the same day or next

Know what you mean JT. Still over the year the rise has been massive, just a pity I wasn't it at 3p.

MS

Know what you mean JT. Still over the year the rise has been massive, just a pity I wasn't it at 3p.

MS

Nice to see Shares mag confirming the rumour about the deal with T-Mobile.

yeah.....am quite hopefull of some kind of profit being announced....as their Interim loss was quite small.....and from their trading statements everything seemed to exceed expectations.

Interesting that IG Index have moved their spread on GMC up 0.5p.

If thats the case Paulo what do they know that we don't. Time will tell. The Drummond brothers won't let this go cheap if they let it go at all. 12/24 more months growth in their hands would suit me very well.

MS

I think we still have 6 months to go before we see the share price rally. The reason being that the 2006 forecast of 3.14m (arburthnot) seems steep to most investors that do not understand the business model. By the interims in 2006 (should be in May) we will begin to see if they are on target to make that sort of profit or not. We will also know by then whether the mobile gaming businesses is looking like it could be a solid revenue earner.

Given the low forward PEs that gaming companies currently command and the expected move from being a mostly marketing company to more split between gaming and marketing I would value the company on a forward PE of 20.

That would give a market cap of about 60m by results next May. [about 22p a share]

If the mobile division does well and they win more mobile network contracts AND the mobile companies actually start to market the products I would put them on a market cap of 80m by next May [about 30p a share]

wjordan

I think that's a very reasonable argument. More realistic than others I've read on other boards.

LOL

MS