Probability Share Discussion Threads

[bbluesky] 30/4/2013 20:46

The difference between Nigel's deal and the sell was 305K. Maybe he left a few for friends? We have higher than usual volumes since, so maybe close to absorbtion. A tightly held stock, so volatile, but recent up imv looks encouraging, and a limited cap x type of stock, so potentially next to pure profit. With hot IQ (and IT) ability - re CEO Charles Cohen.....one to watch

[joestraughan] 30/4/2013 12:50

pbty ceo comments.

[trentendboy] 22/4/2013 13:34

Hence, why the B2B revenues are increasingly important to PBTY

They are working with the big boys and gaining expertise and skills all the time.

Be so easy to take them out and bring this stuff in house for Hills or anyone else for that matter.

[rambutan2] 21/4/2013 01:18

For the record, WMH's (a client) ims and the growth in mobile gaming rev stated...

[trentendboy] 19/4/2013 09:05

Good articles.

US news will see a rerating and if US investors get a sniff they will also chase it higher.

This share moves in big percentages so cheap shares will be hard to find down the line

[leedslad001] 19/4/2013 08:40

When we get the US news expect to see this fly. Must be taken over at some point as well, so looking good on 2 fronts!

[richaims] 19/4/2013 01:47

The long term chart does not inspire confidence.

Mobile gambling will be enormous.

So why does the share price here not reflect this?

Is it due to the market still not grasping what is about to happen in the not too distant future?

[leedslad001] 17/4/2013 11:11

agree still well under radar

[trentendboy] 17/4/2013 09:37

I can see this taking off as the Wray followers pile in. We know that this share can really move on low volumes (a bit like GVC) - due to the restricted float I assume

[leedslad001] 17/4/2013 08:41

Bit of buying today

[trentendboy] 15/4/2013 21:48

The dragonfish work is good news.

[richaims] 15/4/2013 19:10

15/04/2013 UK-Analyst

"Online gaming company Probability (PBTY) announced that it moved into profit for the first time over the first three months of 2013 and now provides slot games to 14 different brands including Foxy Bingo, Wink Bingo and 888Ladies.com. The three months were characterised by significant contract wins, new product releases and the first operating profits from Playyoo, the company's Swiss subsidiary which targets the Italian market and was acquired in July 2012. The shares inched up by 1.4p to 66.9p."

[trentendboy] 15/4/2013 08:28

Maiden profit.

Key Performance Indicators (unaudited):

* Maiden quarterly profit achieved in Q4 2013.

* 60% of Platform Revenue in the quarter derived from business-to-business
("B2B") services (Q4 FY12: 43%).

* Average Revenue Per User ("ARPU") from B2C and White Label players managed
by Probability in the quarter of £119 per player, an increase of 11% (Q4
FY12: £106).

* Net Gaming Revenue ("NGR") of c£1.9m, a decline of c.9.5% compared to the
same period last year (Q4 FY12: £2.1m).

* Full year NGR of c£8.8m, a 20% increase on the previous year (FY12: £7.2m),
producing a modest full year positive EBITDA for the core UK business.

* Net Cash and Equivalents at the end of the Quarter of c£3.6m (including net
proceeds of £2.6m raised by the placing in January 2013) (Q3 FY13: £0.7m).


Operating Highlights:

* Mobile slot games provided to 14 different brands hosted by Dragonfish, the
B2B division of 888.com, including Foxy Bingo, Wink Bingo and
888Ladies.com.

* Launch of 6 new slot games including the first from our partnership with
Glu Mobile, Samurai vs. Zombies Slots, and a second bespoke title for Paddy
Power, Steaks And Stallions. More titles were released in this Quarter than
in the whole of the preceding nine months, made possible by the Company's
new "Slot-O-Matic" technology which has reduced time to market for new
games by 90% and improved production quality.

* Significant contract wins, new product releases and the first operating
profits from Playyoo, the Company's Swiss subsidiary focussing on the
Italian regulated market, which was acquired in July 2012.

* Promotion of Matthew Sunderland to Chief Operating Officer and arrival of
Qurban Hussain as Chief Financial Officer from April 2nd.

[looby loo] 14/4/2013 22:59

And another Bingo article reviewing William Hill Bingo, that delivers its games using 2 platforms – Virtue Fusion and Probability Games.

Probability Games also provide mobile bingo games to Lady Lucks, Fruity Phone and Moobile Games to name but a few:

[looby loo] 14/4/2013 22:50

I see @ProbabilityPlc has tweeted:

"12 April
BBC is featuring our awesome mobile bingo in their article on why Bingo's on the rise. Who says the licence fee is poorly spent......"

I guess this must be the article they're referring to:

[trentendboy] 14/4/2013 20:51

With betfair in plat with CVC running the rule over them the whole sector will fly tomorrow.

Private equity can see that assets can be bought cheaply and big returns down the line.

[trentendboy] 13/4/2013 21:26

I hold Dcd from years ago. Joe did not help the Dcd share price that is for sure.

He only picked it up through another gaming company I owned taken private at too low a price IMO.

That was an odd deal and included the Dcd stake

[phantomf4m] 12/4/2013 23:57

I am relatively new to PBTY but am trying piece together some relationships and possible synergies between PBTY and other companies. Joe Lewis / Colter Ltd are two whom I have identified as also holding major stakes in DCD media. Interested to hear if anyone sees a potential opportunity involving PBTY and DCD. DCD CEO also has a strong pedigree in gambling industry.

[bbluesky] 12/4/2013 22:27

Charles Cohen strikes me as a very bright CEO - Beenz there done that, ho, ho-and one who has a very good strategic view and is always keen to be a step ahead. A strong point in their favour is imv focusing on being regulatory approved or rather the regulator's friend. Squeeky clean, which is a key differentiator to much of the competition and B2B the big prize with something like GUU to make the progs. I too liked the slot-o-matic feature, which in less confident companies would have been an RNS.

[richaims] 12/4/2013 18:54

Thanks, Trent.

[trentendboy] 12/4/2013 15:30

No - relates to coding advantage only - the techinical barriers are high but not insummountable.

Why they must move quickly