Inspired Gaming Share Discussion Threads

[onlythebest2] 03/8/2009 15:14

anybody here? are there any buys showing in L2?

[the analyst] 28/7/2009 22:45

Cyberview had technology that IGT desperately wanted to get hold of, that was most likely the key to their takeover.

I don't think they had luck, it's just they had the technology, the patents, the cash generation, zero debt and large amounts of cash in the bank

Even then, they only got a tiny fraction of what the brokers had expected...

[loverat] 28/7/2009 19:59

A nice day. I knew something was brewing by the level of interest recently.

Let's see what happens next.

[crdirect] 28/7/2009 16:42

cyberview were lucky inspired thought they were abotu to be bought out ,inspired went around doing silly deals to build up their portfolio only for the buyers to pull out imo at the end of the day the fobt etc are on a fixed rent ,they will never be on a share because someone wil always offer rent ..
they need the other parts of the businesses to stack up ,i am amazed at the rise in the last two days ,i mean aspinalls if they could take 500 machines at 70 quid a week it would hardly cover the engineers

[the analyst] 28/7/2009 14:57

I guess the company to look at, if you want to compare take-over valuations and prospects, would be Cyberview - they were bought out by IGT last year

They had cash in the bank and were profitable, though, so that has to be taken into account.

The great thing for the Directors at Cyberview, was that even thought the company was sold for peanuts (compared to cash, profit and forecasts), they all managed to get themselves top positions at the world's leading FOBT manufacturer, IGT

[prewar] 28/7/2009 14:13

crdirect
I agree AWP trade is dead, the value in this business used to be having the organisational structure to move machines around the estate. Now machines are more generic fixed pieces of furniture and the content is changed via the internet. The value is then in the content and the barriers to entry of entering the business are removed.
I disagree that trade over the gaming industry is down, FOBT in bookies must have seen phenomenal growth over the last few years, it's the thing that keeps them open at nights. Long term not sure where there is any growth for ING from, margins will no doubt come under pressure as they go lower and lower down the value chain.

[crdirect] 28/7/2009 13:26

rubbish

the industry is finished ,theres no expansion possible .
this will be a manegement buy out if anything ..the directors have historys of management buy outs

the smokign ban has destroyed incomes on awps ,trade all over the gaming industry is down.

beware

[keya5000] 28/7/2009 12:58

Hoping we end the day 5p or above

[keya5000] 28/7/2009 12:51

No ... relying on people like yourself for that info - I generally go off gut feeling!

[topinfo] 28/7/2009 12:49

Thers no buys flooding in on my trading screen and I get all the trades. In fact in the past 20 mins 12500 shares traded.

[topinfo] 28/7/2009 12:48

Keya have you not got L2?

[keya5000] 28/7/2009 12:43

buys still flooding in on lse

[keya5000] 28/7/2009 12:09

Loads of buys on LSE

[topinfo] 28/7/2009 12:04

lol, yeah right Im sure he did.

[keya5000] 28/7/2009 12:02

Found this on III board:

Just bought 100ks worth heard from a source that the bid could be in the region of £110m therefore ord shares priced roughly at 16p. I think this may double again and then I will top slice.

But get the sense this is a real goer and coming from the US
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[topinfo] 28/7/2009 11:59

Loads of people been had over here expecting premium for bid. Look at the debt they have its massive compared to mkt cap and profits. Bid dropped to 3.5p and people buying at 4.75/4.88p are now 30% down already. Someone on iii reckons bid will be lower than sp, maybe 2p.

[investinggarden] 28/7/2009 11:51

news story on the approach

[keya5000] 28/7/2009 11:50

Happy Days!!!

[keya5000] 28/7/2009 11:40

LSE showing some more buys coming in now!!! ... though still some level of sell off apparent

[keya5000] 28/7/2009 11:25

SP holding despite sell off!

[nickcduk] 28/7/2009 11:17

There is and continues to be a large overhang in INGG ords. Sellers obviously taking advantage of buying interest to reduce their positions. I think the Iceland mob are looking to unload their stake. Could be them behind the selling.

[keya5000] 28/7/2009 11:08

This has surely got to be one of those 100%+ gainers on the leader board by the end of today

[waleriuszwatrobka] 28/7/2009 11:07

...I cheer you up, I've paid 4.89 through TDW but was quoted just after RNS release 6p - never learn to wait a little bit longer, bwth ;-)

[pelleeds1980] 28/7/2009 11:02

I got a a slight shafting then through halifax traded me at 4.88 must have bought in auction plus Ive noticed they get worse prices than TDW for small caps