Zattikka Share Discussion Threads

[reks] 15/7/2013 11:34

ask ticking up nicely....buy @ 7.125p now

[reks] 15/7/2013 11:30

7p are also buys as i am getting 7p for a dummy buy....hopefully the 35p takeover bidder will be leaked online sometime today.

Oracle - i have looked around other listed companies and the only one I can really see it being is future plc. V similar business and the CEO said in an interview last year that he would look into strategic takeovers if the opportunity was right for the business and shareholders.

BOOM!

[oracle07] 15/7/2013 09:39

All buys now....this is moving nicely before the market is aware of the potential news

[oracle07] 15/7/2013 09:10

Article in Shanghai daily today stating Zattikka on verge of a 35p takeover bid by another UK listed company. I am sure once this news gets around the share price will fly. Question is who is the bidder, i can only think of a few who it could be

[reks] 15/7/2013 07:43

Well let's see which way it goes today. L2 looks decent pre open

[stegrego] 15/7/2013 07:26

Nope. It's almost certainly a goner.
Business model doesn't work as their products aren't strong enough.

You seem to think that something being funded by Insti's means that the company is a worthwhile investment. Big mistake.

Not sure how it can be described as 'cheap' either, seeing as though its still making a large loss....

It's only cheap relative to its IPO price.

[reks] 14/7/2013 10:29

Listed only last year with a very strong IPO which a lot of top traders invested in as the business model was and still is very good. Of course if you do not meet targets in your first trading year then it has unsurprisingly dropped down to current levels. However once more funding is secured and more news on the new apps is out ppl will regret not buying in at these levels. Fair price as long as medium term financing is secured should be 40-50p range

[reks] 14/7/2013 10:20

Someuwin - yes it is very cheap and they still have enough cash for the short term. They have also secured a working capital facility with Barclays. Any hint of good news and this will fly

[someuwin] 13/7/2013 09:12

Schroders have not bought shares here. The recent RNS was them reporting the holding they inherited when they took over Cazenove Capital.

Also, I note the after market RNS yesterday that a director has resigned.

Not looking too good here imo.

(It is very cheap though)

[reks] 13/7/2013 08:14

Will not go bust. Results are not as good as were predicted however most companies on AIM are finding this. Analysts still giving buy ratings last week when price was double what it is now. Schroders have increased holding to over 14% and with very little shares in public hands once ppl realise this has been oversold it will rise into the mid 20s or early 30s again short term

[stegrego] 12/7/2013 22:01

No it's not a bargain, it's a disaster and will go bust more than likely

[reks] 12/7/2013 15:38

spread 7 - 10 but can buy for 7.03!!!
Cannacord just issued buy rating here few days ago for 200% upside from 14p!!! Bargain!

[pugugly] 10/7/2013 11:24

Stegrego:> Your initial comment on the thread was 100% correct. Just goes to show many of the "city slickers" are totally clueless when it comes to web developments - For each Google there a probably over 50 wipe outs (imo)

You ought to offer your sevices (on retainer) to advise them !!!!

[craffert] 10/7/2013 08:47

going bust, or a D4E that wipes out the existing shareholders

[stegrego] 10/7/2013 08:00

Should never have floated. Jumped on bandwagon and was always doomed to fail. Total clusterfu......

[someuwin] 09/7/2013 18:17

ZATTIKKA PLC
('Zattikka' or the 'Group')

Trading Update

Zattikka, the online games entertainment group, makes the following trading update, ahead of its interim results for the half year to 30 June 2013.

In its preliminary results announcement for the full year ended 31 December 2013, the Group indicated that, while the start to trading in 2013 was encouraging, results would be heavily weighted to the second half of 2013. However, trading in June fell below the board's expectations. As a result of reviewing again the likely outcome for the rest of the year, the board now believes that the Group's trading performance will be materially below market expectations for the full year ending 31 December 2013.

The primary variations in trading from management's previous expectations are the delay to the anticipated release of Arena of Heroes to allow for App Store support (released 27 June), the need to update certain elements of the content of Legacy of a Thousand Suns (initially launched in April 2013) and, most significantly in respect to the outlook, the lack of anticipated growth in the subscriber base in Hattrick. The net result is reduced cash flows from operations which will restrict the Group's ability to invest in growth in the second half. As a result the board is now undertaking a full strategic review of its businesses, operations and cost structure. As part of this review the board is entering into negotiations with certain holders of the loan notes issued by the Group on admission to AIM with a view to extinguishing a substantial proportion of the Group's liabilities, including an amount of approximately £0.275m loan note interest now due.

The Group had cash or cash equivalents of approximately $950k at 30 June 2013. As stated in the preliminary results published on 6 June 2013, the ability of the Group to continue as a going concern is dependent on further implementing its business plans, continuing access to its on-demand working capital loan facility (which is now fully drawn) and the continuing support of its creditors, including the loan note holders. The Group is evaluating all strategic options.

A further announcement will be made in due course.

The Group expects to announce its interim results by 30 September 2013.

[peterbill] 08/7/2013 11:18

Carlos Slim, the world's richest man, has bought a $40m interest in British mobile app company Shazam, The Independent revealed.


Searched investigate, found that Mr. Anil Hansjee, (age 44), Non-executive Director was a board director of the mobile music company, Shazam Entertainment.

Are there any other ties between ZATT and Shazam?

[the ghost who walks] 01/4/2013 18:35

Very hard to judge prospects here but seems ok given. Recent press releases and seems to have cash.

[the ghost who walks] 20/3/2013 09:30

Any views? I have bought in.

[choppa] 13/12/2012 20:49

Indeed gucci. Those involved in the ipo cant be too impressed. Hold for the long term now. why stops were invented.

[stegrego] 20/11/2012 13:11

Yump,

Revenue tends to come from so called 'micro transactions' within the games. Say a game where you are a warrior, you could play free and struggle along or buy a better sword within the game for say the equivalent of £2.99. Of course then you will soon need a better sword again and so on.

Relies on people being hooked enough to spend money on virtual items.

Generally tend to be social games where interaction with others is needed. If you dont have a decent amount of players, the game soon dies.

[stegrego] 20/11/2012 13:06

Took a while to react to what was clearly a profit warning last week. Now off 18% today.

I really think this company is next to worthless and has just jumped on the 'me too' bandwagon.

Incredibly crowded marketplace they operate in. Low barriers to entry, although you really need either massive marketing, word of mouth or previous hit games to attract customers.