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Sportech Share Discussion Threads
Showing 4401 to 4425 of 4425 messages
|So near to the big 100|
|Preliminary Results for the year ended 31 December 2016 on Thursday 2 March 2017.SPO should have benefited from the weaker pound at 31 December.|
|Comfortably through the 3-year high and climbing inch by inch towards the magic 100pThe 5-year High is not much higher at around 114p from memory.|
|Slowly slowly towards a quidA nice position.Special divi surely|
|Valentine eyes spring opening for latest Stamford sports barBy Paul SchottUpdated 7:16 pm, Monday, February 6, 2017The new establishment represents a partnership between Valentine and the New Haven-based Sportech Venues, which is the state's sole off-track betting licensee. In Windsor Locks, next to Bradley International Airport, Valentine and Sportech jointly manage another establishment of the same name that features off-track betting.Valentine founded The Original Bobby V's Sports Bar on Main Street, a few blocks away from the Atlantic Street enterprise."This is like Bobby V's on steroids - bigger, better, newer, nicer and hopefully just as welcoming," Valentine said.http://www.ctpost.com/business/article/Valentine-eyes-spring-opening-for-latest-Stamford-10911994.php|
|The one pound level gets closer.Trump US loves a gambleAlmost tempted to buy more. Corporate action cannot be far away|
|A new member of the Board, Andrew Gaughan, over six years with Sportech after it acquired SGR. Sportech does keep its employees for a very long time, which indicates its management are respected. "Andrew is also a qualified lawyer, and is based in Toronto, Canada."|
|I very much doubt that anything the Republicans introduce (if anything) around online gambling will have an impact on Sportech. Few supported the existing laws having rejected them in Congress umpteen times before they were sneaked through appended to a Homeland Security Bill in the very early hours one morning post 911.Sheldon Adelson, owner of Sands Las Vegas, is anti-online gambling for obvious reasons. He will no doubt continue his campaign against online Casinos in the USA but this does not affect SPO.|
|It is a US gaming play noq - Trump is the key. Who knows what will happen|
|thank you, im tempted to hit the sell button but agree probably time to wait for an announcement further dialogue on pools business or divi etc would see this over 100p|
|Getting to highs. A nice investment but what will they do with the money?
Debt free now and money to invest? These are exciting times - they should really think about some acquisitions if they are not to put themselves up for sale again.
A special dividend really is something that they need to look at|
|finkie, the Year End was 31 December and prelim results are released in early March. We may hear something then about a divi.SPO has hinted in the past they plan to invest in the USA. I hope they spend it wisely.I'm happy to see the share price climbing steadily over the past month and expect this to continue over 100p.H2 will have benefitted from a weaker GBP and exchange rate at year end may help.|
|Nod timing wise when do you see the next newsflow regarding a special dividend or such other news that may lift the share price???|
|I mentioned NYX earlier and I just had a glance at their news flow. They appear to be doing very well around the globe.SPO stands to get extra $$ if NYX SNG wins new US customers starting from May 2015 when SPO sold."Up to C$3.0 million for non-New Jersey, USA customers acquired by SNG over the next 5 years (limited to C$1.0 million per new customer for a maximum total of three customers); "|
|I was just browsing recent news articles speculating on whether there will be legislation changes to internet gambling. The greatest threat comes from Sheldon Adelson who as head of Las Vegas Sands stands to gain personally if internet gambling can be shut down as he wants.Interestingly Trump recently investigated setting up a Casino in NJ where his mate Gov Christie was taking the opposite path to Adelson. This indicates Trump supports it."Just three states - New Jersey, Nevada and Delaware - allow internet gambling, and well-financed opponents, backed by billionaire casino magnate and Trump backer Sheldon Adelson, want to ban it nationwide.Trump and his daughter, Ivanka, formed a company in New Jersey to explore the possibility of offering internet gambling in New Jersey before the state legalized it in 2013, but never applied for a license to do it."|
|Agree with the sentiment. The logic is for legal regulation but there is a long way to go.|
|Trump likes gambling and once owned four casinos. SPO is more into soft gambling. It's unlikely the Republicans are going to touch horse racing, given that many of them own race horses.Trump's supporters include strong opponents to online poker. However, this doesn't affect SPO as it doesn't offer poker in the US. SPO sold its share in the NJ casino to its partner NYX. SPO retained shares in NYX, which would only become of material value if NYX did really well.Trump said last year on Fox tv that he would like to legalise the sports betting market in the US - estimated to be $149 Billion. His argument is a rational one: it is there illegally, so legalise it and collect taxes.|
|First step £1 but what will trump do on gambling? Huge implications.Nose to ground for this one|
|Happy New Year to all SPO traders.I have a feeling that 2017 will be a good year.|
|Brownie69, the two directors increased their shareholdings by 11% and 85% respectively.The shares they sold are to cover their personal taxes on the gains, which is quite normal in these circumstances otherwise they would have to fund their tax liability from elsewhere.Increasing their shareholdings would suggest a special divi is probable.|
|Long suffering? The share price is in a pretty good position considering.
Could well be a special dividend coming up as well.
Still think this could reach £1 fairly soon.
The key is the US market - Trump may not do much but given SPO have some good monopoly positions it might not actually be a bad thing.
They key is that they have an online and a physical position which means, even with an online bad, they are in decent shape.|
|And why not explain in the RNS what the actual "corporate activity" was: assumedly it's no longer current?|
|What was the "ongoing corporate activity" that prevented the options from being exercised for so long? The VAT case? Or Pools sale? If the latter, presumably all discussions have ended?|
|Agh! Your right. I didn't spot the first RNS. Do not adjust your set.Everything is back to normal.|
|Nod, I think it's just a change of trustee from Coutts to Highvern?|