Global Market Share Discussion Threads

[falia] 31/1/2014 11:04

looking to rise back above £1.00

[falia] 31/1/2014 10:39

looks like somting major up

[faz147] 04/4/2013 12:11

Anyone still holding here or has this thread been totally abandoned? I read up on GMC before they listed and liked the business model, but was concerned by the valuation and the lack of buyers when they did list.

They appear to be taking a large gamble in providing free GMC certification to manufacturers, and it will cost them up to $10,000 over the two years the scheme will run for.

They claim to be currently processing 10,000 applications for the scheme from Chinese manufacturers, and their target is 30,000 new manufacturers from 21 new verticals.

I am fairly sure that they can attract the 30,000 manufacturers to the sceme, being free and all, but converting those manufacturers to paying service-users
is the key and I will wait to see how that develops before I put any money in.

I worry that GMC is trying to be the new, better Alibaba before they have fully established themselves as the leading portal for certified manufacturers. Only time will tell how successful they can be, but they are certainly not popular with investors at this time, with the share price down from 130p+ at listing to c.50p now.

[viktormeerldrew] 29/6/2012 21:27

well done to Grant Thornton and Westhouse take a bow guys

[mildred49] 26/6/2012 16:27

Well it's living up (or down) to reputation of recent Chinese floats

[attrader] 23/6/2012 11:29

thanks mildred49,

Had a look on their prospectus, looks a bit expensive considering 7cent eps in 2011. Assuming best case scenario where they can do 10cents for 2012, that will translate to 18xPE. Fair value for a growth company, but i have doubts about growth given chinese economy slowing down, increasing manufacturing costs and slowing growth in developed economies.

Also, shareholders equity is in negative territory.

Also, i think they tried to list on NASDAQ in 2011, though i still have to do a bit of digging on it ..

Would be keen to hear your views.

[attrader] 22/6/2012 23:24

Any one has link to prospectus ? Can't seem to find investor relations section on their website...

[baracuda2] 01/11/2006 09:54

Thanks Uni

[unimog] 01/11/2006 09:39

Baracuda....MDC is correct, have it on monitor now. Was up first thing now 6.25p bid v 6.75 offer

[baracuda2] 01/11/2006 09:23

Can someone tell me if the epic MDC is correct. I can't seem to find it

[the analyst] 01/11/2006 08:40

Thanks notready - have transferred the thread over to MDC. Well, did it last week, but looks like the ticker change only happened today.

[notready] 01/11/2006 08:14

Ooops, see you at the new MDC discussion board.

[notready] 01/11/2006 08:09

Ticker now changed to MDC - see you over there.

;-)

[red dog] 01/11/2006 07:18

We will see a further tick-up today as buying of this share outweighed the selling during the last 2 days and the brokers are somewhat out of stock. I am also backing United Carpet Group (UCG) to give me a further 25% on my investment sometime this month.

[the analyst] 31/10/2006 16:36

Thanks shaz, interesting. I suspect it is the technology mentioned in the update that has attracted 888 back onto the international gambling.com version.

From the trading update, it looks like those in the US will not be able to see the 888 advert on the international version. It should, though, be seen by all others that use the international version - those in canada, south america, asia etc. I'll take a look next time I'm back in NY

[shaz247] 31/10/2006 16:30

Good News

888.com is now back on the international version of gambling.com as the number one advertiser for terms like "online casino."

Looks like they missed the traffic that gambling.com sent to their sites during their absence from the search engine in the past few weeks.

I believe other big names will follow suit shortly and help gambling.com increase profits and maintain the high pay per click rates...

[quotes_4_u] 31/10/2006 10:44

The price just has to rise at the moment !

At 6-6.75p it was 6.4p bid, it's now 6.55p, they will pay
over the mid price to have your stock so there remains a
buyer for as much stock as possible, 3 mm's move to 6.25p bid
on that 35k buy...so 3 v 4 on L2.

6.55-6.7p online spread.

[paulo2] 31/10/2006 08:58

Strange. See those 6.4p trades are actually sells. Just done a dummy run.