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.
britshare
- 11 Nov 2005 13:59
- 831 of 1117
We're on the move again. This time looking good to close above 12p.
ositaeze
- 12 Nov 2005 19:54
- 832 of 1117
paulo2,
it is kind of funny u ve got so much positive vibes on this on? i also observed the same on your postings in advfn. are u also tandmeister on iii?
Paulo2
- 14 Nov 2005 07:25
- 833 of 1117
I can only assume there's a point to be made somewhere in there. Perhaps you'd like to explain yourself.
"it is kind of funny u ve got so much positive vibes on this on?"
ositaeze
- 14 Nov 2005 13:50
- 834 of 1117
i think it speaks for itself
mickeyskint
- 14 Nov 2005 15:25
- 835 of 1117
From the other place. Worth a read.
mdchand - 14 Nov'05 - 10:46 - 15026 of 15059
Arbuthnot Broker Note - 11th November 2005
Gaming Corporation (GMC.L)
Strong Buy
Finals
November Tuesday Venue: TBC
Price 12p Mkt cap 33m FTA Leisure, Ent and Hotels 22
Strong niche position in a fast growing market We are hoping for an update on the integration of Gambling.com which it acquired earlier in the year the last comments from the group was that the business was exceeding expectations. The company will also have a few more months of mobile gaming business under its belt. Expectations were for 2,500 registered customers during the initial soft launch, although we believe that the company should be achieving significantly more than this figure. GMC has also been in talks with a number of other mobile companies based in Western Europe so we would anticipate more deals similar to the Orange contract over the next year. The group has also just launched its online poker sites.
We have a Strong Buy recommendation on Gaming Corporation and 21p target price
We expect 2005 to be the first time the company moves into profits we estimate 0.6m. Thereafter, we forecast profits of 3.1m, so there is a steep profit progression curve providing the company can continue to generate high levels of visitors through its portals and through its own casino and gambling products. On 2006 estimates, the shares look undervalued on a P/E rating of just over 12.5x. The company is in a strong position if consolidation picks up in the sector.
Paulo2
- 15 Nov 2005 08:50
- 836 of 1117
Let's spell it out for you. Y-o-u a-r-e obviously trying to make some pont about GMC, but you must appreciate that as you seem to have some trouble speaking English, other people have trouble working out what you are trying to say.
JT Master Investor
- 15 Nov 2005 12:19
- 837 of 1117
For the love of god. The sells keep on coming and frustration is taking over. Lucky, the results are out next week because I would have sold by now.
mickeyskint
- 16 Nov 2005 12:22
- 838 of 1117
Lets hope it's not another false dawn. 1 mils buys v 100K sells looking good running up to the 22nd results day. We shall see, been here before.
LOL
MS
JT Master Investor
- 16 Nov 2005 12:38
- 839 of 1117
Hopefully not another false dawn Mickey. I would have said that it probably was but with the results fast approaching, I'm guessing we should have large buying up until results and beyond. Fingers crossed anyway.
LOL
JT Master Investor
- 16 Nov 2005 16:10
- 840 of 1117
I see the mm's are trying to pull us back on hardly any selling. Don't you just love those mm's.
mickeyskint
- 16 Nov 2005 16:33
- 841 of 1117
Too true JT they've been playing around with this for months. Still feel positive for the future. It won't be this price in 6/9 months that's for sure.
LOL
MS
Paulo2
- 17 Nov 2005 09:32
- 842 of 1117
Poster on ADVFN spotted this:
CANACCORD broker note (issued at 8.37am)
November 17, 2005
Anthony Chow 44-20-7518-2772
Greg Harris 44-20-7518-2794
Gambling on Search Marketing
Event: On November 22, 2005 Gaming Corporation will announce its 2005 full year results for the 12-months ending September 30, 2005. We are forecasting revenue of 3.8 million, up 172% Y/Y and adjusted fully diluted EPS of 0.21p up from (0.44)p in 2004, driven by the recent integration of Gambling.com.
Impact: Given the rising industry levels of customer acquisition fees being charged to gaming operators, we are comfortable with our 2005 forecasts for the companys advertising revenues. We are expecting Internet advertising revenues of 2.9 million for 2005, up 277% Y/Y and net revenues of 0.5 million from the companys in-house gaming product up 80% Y/Y. We are expecting limited revenue from the newly launched mobile gaming product with the remainder of the revenue to come from the companys legacy Career Plus service.
Valuation: Pending the results announcement we are maintaining our BUY recommendation and 12-month price target of 25p, which implies 26.3 times our 2006 and 14.8 times our 2007 adjusted EPS estimates. We believe that the company will continue to benefit from rising customer acquisition fees and growth of the Internet and mobile gaming market.
Risks: Risks include continued US regulatory uncertainty relating to financial transactions and advertising in the Internet gaming space. We also believe that the companys strategy of new product additions and corporate acquisitions may also create risks for the company.
mickeyskint
- 17 Nov 2005 16:46
- 843 of 1117
From the other side. This guy is one of the more sensible posters from there, makes sence.
the analyst - 17 Nov'05 - 12:10 - 15300 of 15356
no problem paulo
If, as we expect the business is progressing well, then in my opinion the major factor holding back the share price could be the stake owned by Newbold. At the time of aquisition of gambling.com, Newbold were given cash and shares. 10 million of those shares went to institutions whilst the remainder (7.38m shares from memory) were held by Newbold with a lock-in period of 6 months. The lock-in period should have ended around November 3rd. As Newbold are a company and not in the business of share investing I would expect them to be cashing-in the shares to follow their own business interests.
With respect to the share price it's almost impossible to call without knowing how many shares are still held by Newbold and what they intend to do with them. They may still have a large stake and be expecting to sell into strength post-results, in which case we will see a depressed share price short-term followed by a drastic up-turn when the overhang is cleared, based on strong fundamentals.
Incidentally, Newbold's holding was just under 3% and so no announcements have to be made.
ositaeze
- 18 Nov 2005 01:38
- 844 of 1117
Paulo2, im saying u ve been praising gmc to high heavens, im not sure if YOU are just an optimist or a ramper. get it!. take offence if u wish, but that s my opinion.
Paulo2
- 18 Nov 2005 07:52
- 845 of 1117
How could I take offence at a retard.
Go away, do some research and come back when you have a pertinent point to make.
JT Master Investor
- 18 Nov 2005 13:33
- 846 of 1117
A healthy rise and then the inevitable fall. MM's becoming far to predictable nowadays.
ositaeze
- 18 Nov 2005 14:25
- 847 of 1117
which research is that then. the one that shows u praise this up to high heavens on any bb u can find, ...the sp dips and then now and again...every little now and again, u shake in ur little size 6 boots, confirming what we all know...u dont know much about this trade. just feel u should calm down a bit on the noise that all.
britshare
- 20 Nov 2005 19:19
- 848 of 1117
Looks like all 3 RNS will be released on Tuesday.
wjordan
- 21 Nov 2005 11:25
- 849 of 1117
interesting, how do you find that out britshare?
mickeyskint
- 21 Nov 2005 16:18
- 850 of 1117
A lot of dealing today. Results out tomorrow. The question is can I order the wife a new hoover for Christmas.
MS