Betcorp Share Discussion Threads

[martincoops] 05/7/2006 07:11

Price now back to $4 in Aus slowly starting to recover now, plenty of upside on this one.

[milner2] 04/7/2006 16:39

See that the quarterly results are due 20th August,but I'm hoping to see some news released before then.
Acquisitions by Betcorp are always a possibility reading between the lines of resent announcements.
Good luck.
Cheers.

[martincoops] 04/7/2006 11:05

They have moved above the 20dma in Aus so this should be a good sign. Good luck milner2 I am sure you will do well. Results out in August but I wonder if we will get a trading statement before then, doubt it but it would be nice.

[milner2] 04/7/2006 10:42

Been watching these and decided to take small holding today,proberly take some more when funds become available seem way to cheap, hope they have seen the bottom.
Found this recent mention of Betcorp........

[martincoops] 03/7/2006 08:29

up 25c in Aus last night, is the recovery on??

I topped up on Friday with another 1666

[woozle1] 22/6/2006 08:27

Another day and another markdown. The way to play a rebound in sentiment will be via Betonsports, which has potential upgrades and is much more liquid and is more likely to respond to positive news.

J

[nissi beach] 21/6/2006 08:54

Finbarr

Not that much information around which in its self does not encourage buyers. the same happen with LNG

sentiment is against ANY gaming stock at the moment

money has gone from the sector this year to the comodity stocks and until that changes it might drift for a while

[finbarr] 19/6/2006 12:45

Nissi,

On the above valuations BCL is significantly undervalued by the market. Why?
It would seem that all other things being equal BCL would be bought in the region of £50-60m. That seems like funny money in the context of the current share price. Time to buy?.Any views on the business other than the Q1 results?

[nissi beach] 19/6/2006 10:53

Leisure & Gaming to acquire BetShop Group for up to 32.06 mln stg

LONDON (AFX) - Interactive betting and gaming company Leisure & Gaming PLC
said it has agreed to acquire BetShop Group (BSG) for a total consideration of
up to 32.06 mln stg.
Leisure & Gaming said it will initially pay up to 12.69 mln stg in a mixture
of cash and shares. The full additional consideration of 19.37 mln stg is
payable subject to the business achieving its maximum earnings before interest
and tax targets for the years ending December 31, 2006, 2007 and 2008 of 2.65
mln stg, 5.2 mln stg and 7.25 mln stg respectively.
Alistair Assheton, chief executive of Leisure & Gaming said: "Through the
acquisition of BSG we substantially strengthen our European offering and further
diversify our global revenues, in line with our stated strategy."

He added the acquisition, which is expected to complete on June 23, will
enhance earnings in its first full year.

[woozle1] 19/6/2006 08:53

Those figs look pretty volatile and seem to oscillate between a range ans don't really provide much guidance to underlying performance.

W

[nissi beach] 16/6/2006 12:04

traffic to the websites named from ALEXA.com

[woozle1] 15/6/2006 14:21

Nissi beach

What is that graph, what does it mean and where does it come from?

W

[nissi beach] 15/6/2006 10:36

falling again

[woozle1] 08/6/2006 12:34

The worm is turning?

[martincoops] 08/6/2006 06:41

Looks like it is time to buy. Back up in Aus with good volume.

[nissi beach] 07/6/2006 10:27

the 5K must have been a buyer today

Must admit I am watching

[woozle1] 07/6/2006 10:19

Has the worm turned. BCL is being marked up!

W

[woozle1] 05/6/2006 18:00

I hope is does turn as I'm getting fed up with daily marks of pain.

J

[martincoops] 05/6/2006 09:28

The worm will turn but they still have a couple of weeks at a guess.

[woozle1] 05/6/2006 08:59

Another day and another mark down. When are management going to do something about this frigging s/p.

W

[woozle1] 05/6/2006 07:37

NO shorting here as it's too small. Just a steady dribble of shares and no buyers.

[martincoops] 04/6/2006 11:43

So when will we seet this worm turn!! I still reckon this is being shorted too often we have seen the sale of 5000 shares at either the start or end of day to drive the price down. I reckon it is only 7 weeks now until the next set of results so am lookinf for a rebound in the next 3 weeks. Have a pot of money ready to average down but am hoping for £1.50 to buy..(fat chance I know)

[finbarr] 30/5/2006 22:42

Woozle1

We are in agreement!!

[woozle1] 30/5/2006 15:38

Liquidity ='s demand .. the more demand, the more liquidity .. liquidity exists when you buyers and sellers come together .. if you have no buyers and only sellers then you have v. limited liquidity.

W

[finbarr] 30/5/2006 13:14

Woozle1

I think you are correct in saying that the bill in the US is unlikely to get passed. However there will probably be some form of compromise.

If there were demand for these shares, the price would go up. So why do you blame liquidity?