Nektan Share Discussion Threads

[errollc] 23/1/2015 07:45

PG's note has profits of £16m to June 2017....with a market cap of £41m, this would make the shares fly over time. A relatively long time scale though and typical hockey stick growth forecast.
I've heard the management are good and bullish...worth watching or tucking some away.

[jeffcranbounre] 22/1/2015 17:42

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[errollc] 22/1/2015 16:39

Hope it works.

also there's a conference showing investors the company and its products on 3rd Feb in the City. Word will spread....

[errollc] 22/1/2015 09:02

Broker note out with price target of c.370p.

[errollc] 19/1/2015 07:46

This story will take a while to unfold....but the appointment of a first rate CEO is great news. Liked the comment about securing large contracts too...must be something happening??

[errollc] 13/1/2015 21:41

Small announcement on google about a tie up with City AM.

[errollc] 08/1/2015 16:08

Poor start to Nektan's public life....BUT big things are happening given the recent RNS. Hopefully more good news to come. This can be a very substantial company but the market will take time to understand what's going on. A good time to get stuck in.

[spikeydt] 08/1/2015 15:13

US joint venture and European trading update

Following the announcement of the US joint venture agreement with Spin Games LLC on 17 November 2014 (the "JV"), Nektan, an international B2B mobile gaming platform provider, is pleased to announce that the JV has made further progress with additional contracts and letters of intent received from tribal and commercial operators in California and Nevada.

A total of eight operators are looking to implement the JV's solution in the first half of 2015 and the first co-branded 'Xtraspin' product is now live in a major California casino. Xtraspin is an additional bonus/jackpot mobile solution which can be fitted to licensed slot cabinets in the US markets. The Group expects to generate revenue in the first quarter of 2015 in both Nevada and California.

In Europe, real money gaming cash stakes grew by more than eight times in the quarter to September 2014 versus the previous quarter. Cash stakes are currently on track to grow substantially quarter on quarter in the three months ending December 2014.

Since its admission to AIM on 3 November, the Company has gone live with an additional two real money gaming partners including City A.M. and has also launched its first white label freemium bingo partner.