Gaming Realms Share Discussion Threads

[carbon man] 06/3/2015 16:57

Time for me to average again. I was given a tip when they were £5.50 and told they were going to £20 (that was PDX in the old form.) Where there's a Tip there's
a Tap. The old SE maxims are still worth listening to,

[trentendboy] 20/2/2015 21:47

Nice article. 20p a share is a massive discount. Why not let existing shareholders get a piece of it.

Even so, directors putting their money on the line is still a good thing assuming they do not turn around the flog the lot at 30p each in the market or drip feed them into the market

[john of groats] 20/2/2015 15:23

Gaming Realms, the creator and developer of interactive next generation online gaming products, has been notified by NewGame Capital LP, ("NewGame") that it no longer holds a notifiable interest in the Group.

NewGame's controlling shareholder, bwin.party digital entertainment plc, has been engaged in a programme of non-core asset disposals since Autumn 2014. Accordingly NewGame's holding in the Group has been placed with new and existing shareholders (the "Placing").

As a result of the Placing the following Directors yesterday purchased further ordinary shares of 10 pence each in the Company ("Ordinary Shares") at 20 pence per Ordinary Share:

Michael Buckley bought 1,400,000 Shares - total holding now 18,000,000 Shares (9.22%)

Patrick Southon bought 500,000 Shares - total holding now 10,897,039 Shares (5.58%)

Jim Ryan bought 1,000,000 Shares - total holding now 1,384,615 Shares (0.71%)

Atul Bali bought 1,000,000 Shares - total holding now 1,000,000 Shares (0.51%)

Some of GMR's directors have very close, if not incestuous, ties with bwin.party, either directly or through NewGame (majority owned by bwin.party), Cashcade (sold to PartyGaming) or PartyGaming (merged with Bwin to form bwin.party). This may help to explain the attractive price they paid for the shares.

Michael Buckley, Executive Chairman, was Executive Chairman of Cashcade, which he founded with Patrick Southon and Simon Collins in 2000, and led its sale to PartyGaming.

Patrick Southon, Chief Executive Officer, was Managing Director of Cashcade and Managing Partner of NewGame, an investment fund focusing on innovation within the gambling sector.

Mark Segal, Finance Director, recently left bwin.party as Finance Director of its bingo division, having been Finance Director of Cashcade until it was acquired by PartyGaming in July 2009. (He also claims to have taken the lead in the sale to PartyGaming!)

Simon Collins, Executive Director, co-founded Cashcade in 2000 and was its commercial director. Following the sale of Cashcade, Simon remained at bwin.party until April 2011. Simon then joined Patrick Southon in setting up NewGame.

Jim Ryan, Non-executive Director, recently retired as the Co-CEO of bwin.party. He lead the merger of PartyGaming and Bwin and the acquisition of Cashcade.

John

[look alive] 19/2/2015 21:10

Huge turnover today.

[swiss paul] 26/11/2014 16:58

DN - dont be bitter - try and make hay while you can.

[dncleaver] 26/11/2014 12:40

Hilarious!!

:-)

Edit:-

:-(

[swiss paul] 25/11/2014 13:04

yep it seems to bounce along quite funny am an old PDX holder but thinking of aeveraging as I see this as being a possibke turnaround

[igbertsponk] 18/11/2014 10:36

See 14 July RNS

[swiss paul] 17/11/2014 20:13

Igbert - expand plese

[igbertsponk] 14/7/2014 08:48

Alderney.... Channeling a price increase.

[dncleaver] 10/7/2014 17:17

Re: My post #58 ..... it'll not be long now!!

:-(

[dncleaver] 30/6/2014 17:46

I think he might have hung himself!!

[tangerine_dream] 30/6/2014 17:15

What happend to DENC???

[dncleaver] 30/6/2014 16:37

After the very sad demise of PDX, I regretted the fact that I had not sold them a few months prior to the collapse, when the price was on a par with TRT (from memory, I think both were about a quid each at the time). I never thought I'd live to see the day when I would be offered another opportunity to do exactly that and trade one for the other at effectively the same price. However, since TRT has also now collapsed somewhat (although not in the same spectacular manner as PDX), the recent growth in GMR is giving me some hope again! Remember that these shares have undergone a recent 1:10 consolidation, so for them to be on a par again in old money, GMR needs to get to something like 65p ..... unless of course TRT falls even further!

Anyway, you get the idea! I just need these to double!! (which has already almost happened over just the last couple of months).

(Just for the record, my opinion is that TRT is an absolute steal at the current price ..... but obviously I have been wrong before!!!)

[tangerine_dream] 30/6/2014 15:51

Still a long long long way to go!!!

[igbertsponk] 30/6/2014 15:09

Buying shoving it up

[igbertsponk] 16/6/2014 08:50

Yes, but these guys have done it before so know what they're doing. The whole market is a massive consolidation play - there will always be a buyer for the business.

[trentendboy] 16/6/2014 08:45

Big rise in the share price in recent days and then the results come out.

Those are very large losses - I am surprised it has not fallen further.

Such massive marketing spend has lead to a massive increase in revenues of 400% but these cannot be sustained with that level of marketing.

I have severe doubts and this looks like a possible short from here - if social gambling does not pay off this is heading south.

Watching carefully

[tangerine_dream] 13/6/2014 10:47

Only another £9.67 to go before I break even!!

[spookies] 13/6/2014 09:24

Added some more today as there seems to be something going on. Held since PDX days.

[tangerine_dream] 06/6/2014 11:07

We are still @ 2.6p are share in old PDX money. Long long way to go!!! They seem to be taking on more directors, but not showing much in revenue, just like the old PDX.

[dncleaver] 06/6/2014 03:03

No ideas, but it looks quite promising. Maybe they have made a profit, or something!

[spookies] 05/6/2014 19:20

Break out today. Anyone have any ideas.

[tangerine_dream] 18/3/2014 10:13

Any one going on Thursday???

[tangerine_dream] 27/2/2014 09:02

Any one got a time machine? As we need to go back to 2013 for their AGM!!!