Probability Share Discussion Threads

[trentendboy] 02/5/2014 11:19

No money in the bank yet - everyone else sell out?

[trentendboy] 07/3/2014 11:40

When do we get the money in the bank...planning to spend the lot on GVC shares LOL

[exbroker] 18/2/2014 14:31

bollinger29
A 4% return pre costs might not seem much but the time scale is short only 3 months, that a 16% annual return, which could be a lot better than the market over the next year. Arb funds often gear the position by a factor of 4 so that becomes a much better rate of return, that's why an arb bought that print of 1.751 million at 48.5. The rule 8.3 will tell us the seller and buyer tomorrow.

[trentendboy] 18/2/2014 12:48

Clear that no white knight attempt is priced in.

If one could "buy" at 48p then there is a decent percent to be made. I suspect that is not possible

[exbroker] 18/2/2014 11:16

This is a done deal, the scheme will be effective around mid May, arb buyers giving 48 if you are sellers.....

[trentendboy] 18/2/2014 10:24

Big news - I think I just about break even at this buyout price (probably down a few quid)

Could have been worth so much more but not a bad deal given the current share price

Shows that consolidation in this sector will continue.

WHITE KNIGHT - will someone else come it and bid higher? Certainly possible and makes buying more now a potentially good idea

[yesrupnel] 18/2/2014 09:55

So goodbye Probability.

I originally bought these on the basis that they were quick into the mobile betting world and someone large, e.g. Playtech, William Hills, European company would buy them. I was not far off but I had to wait many more years than I thought and made a much smaller profit - but at least its a profit.

When do we get our money - is it 28 days from now?

[trentendboy] 23/1/2014 08:19

Did not seem to bad to me but falling revenues the problem. Tempting to buy at these levels

[hombe] 23/1/2014 07:42

fund raising has to be a reality

[rambutan2] 23/1/2014 01:45

Trading statement, which wasn't to the mkts liking, although i didn't think it read too bad...

[bbluesky] 19/12/2013 20:35

The steady decline over the last year has been explained in today's RNS and in nice plainspeak. I for one am glad they are focusing on for them bigger markets and their strengths: international and B2B, just look at the major holders to see that these are sophisticated blue chip players,deal makers, not the betting shop crowd and I suspect the advertising route with hindsight was a bit of a cul de sac and maybe gullible over the results taking six months to come through...that person/style has gone. New era and these guys always have impeccible credentials, a huge plus in the industry and in particular the US. Nigel Wray must have known of the short term disappointments when he bought in, I wonder what excited him about the future?

[harry3021] 19/12/2013 19:48

analyst have you checked the games lately - like you I was disappointed by the quality of the games before - they didn't even have sound - but most of them have been upgraded now? Try logging in..

[the analyst] 19/12/2013 13:10

Yes, the results are pretty much as expected. Awful.

I sold out a long time ago, concerned that the games are not good enough. Compare the games to IGT and Microgaming and they appear to be light years behind. Plus, they don't have many games, either - I don't understand why that is, they should have hundreds after all these years, accommodating all styles of game and types of slot machine fan (there are a lot of styles of game out there, each with their own fan base).

The one ray of hope, as before, is that Italy could gain traction. The slots look like they 'might' be the type that Italians enjoy, but it's hard to tell. Depends... if they still prefer the old-fashioned style (which would be good), or whether they are starting to move on with the rest of the world and enjoy more modern games these days, with better branding, graphics, sounds, jackpots and bonuses etc...

[kemche] 19/12/2013 12:50

So cash outflow from operating activities in the six months equals circa £1.7m and £1.7m left in the bank - tight to say the least.

[beeezzz] 19/12/2013 11:59

Sad to see one of my old holdings 2nd in the down list...not sure if this company needs new management....Cohen is a smart cookie maybe lost his way a bit..competition is really hotting up as well.
GLA

C&P
www.proactiveinvestors.co.uk/companies/news/64315/probability-in-talks-with-casino-operators-as-it-eyes-us-64315.html

[hashertu] 19/12/2013 09:29

Most of what is in the interim results has been flagged previously.
Italy showing signs of life and revenue.
The seasonal cheer might be the discussions to provide a service in two states of the USA. I suspect we will know one way or another sooner than Italian approvals.

[rambutan2] 09/12/2013 02:45

Interims were out on 6 Dec last year, so perhaps will be out this week. Hopefully will offer some seasonal cheer!

[phoenix1234] 08/11/2013 12:43

buy tip

www.shareprophets.advfn.com/views/2411/november-s-stock-ping-probability-plc

[rambutan2] 30/10/2013 01:13

[...] Being blocked from linking to Pro active investors piece, so here is the last bit, with Numis concuring with me on Italy...

House broker Numis Securities is sticking with its full-year forecasts of underlying earnings (EBITDA) of £0.3mln on sales of £10.6mln.

The company has recently seen its technology platform get the green light from the Italian regulator, which means it is now able to start offering its White Label services in Italy, offering "considerable upside potential" in the second half of the financial year.

"As the mix of business continues to shift in favour of B2B, in Italy in particular, we believe growth will accelerate and volatility reduce. The transition of online casino gambling from desktop to mobile is still in its infancy and Probability is well-positioned to benefit," Numis said.

[rambutan2] 30/10/2013 00:51

Most frustrating that Italy still not really kicked in, as should pay better than UK. Clearly plenty of work for Mr Byrne to get on with...

[yesrupnel] 29/10/2013 09:21

Very disappointing. Mobile gaming is a very hot sector and this company does not seem to be making the most of the explosive growth.