32red Share Discussion Threads

[silverfern] 23/4/2014 15:44

AS a shareholder who has a small investment here, I'm just glad I have a small investment (£4k) - however if I was a day trader....

[mortimer7] 23/4/2014 14:06

I'm guessing the ST piece is the main reason for the massive swing in the share price today from the early dip to 46.25p, now back to 54p, up 9% for the day.

[el1te] 23/4/2014 12:43

Oh cmon Simon!

IT'S A TAX ON NET REVENUE, NOT GROSS PROFITS

Amazing that he's not getting that....

[stewpot3] 22/4/2014 17:42

'Falling knives' springs to mind. would like to see some sort of revival before buying again.

[trentendboy] 22/4/2014 16:02

Have none of you read this thread recently?

It is all POC related.

Do the numbers

[el1te] 22/4/2014 12:37

KESASH - 83p to sub 50p in a matter of weeks is no tree shake! That said, you do have to wonder what the downside limit is

[kesash] 22/4/2014 12:27

Still holding, but worried about this sudden drop, do u reckon its a tree shake

[lucky_lady] 22/4/2014 12:21

It's very quiet on this board.

Has everybody sold?

[bluerunner] 14/4/2014 19:41

Looking at the balance of buys to sells, the 7% drop today looks excessive to me.ST posted on one of the boards on 10th April in response to a reader comment about TTR: "I have not changed my positive view and see far more upside potential than downside at the current level."He also re-posted the recent bullish company statement.

[sammy_smith] 14/4/2014 16:28

LISTEN: 32Red (TTR) - Rangers football club sponsorship

Click the link below to listen

[trentendboy] 14/4/2014 13:52

The results show they got a lot of money back from Swansea (nearly a million) which flattered the last accounts so it is sure to be a lot of money and it may be upfront.

[wayneduncan] 14/4/2014 11:16

I would be interested to hear more about the terms of this arrangement with Rangers, I hope TTR have not paid up-front for the deal. My suspicions are that Rangers will end up in administration again and this arrangement could be declared null and void with TTR losing any investment

[trentendboy] 14/4/2014 10:32

Reality kicking in?

[m.t.glass] 14/4/2014 07:30

And now a three-year sponsorship deal with Glasgow Rangers ;o)
Header updated.

[drobinson1991] 13/4/2014 13:37

I set up an account with TTR yesterday to see what it was all about and it seems to be a very easy to use and a smooth site. I can understand why a lot of customers are moving over to this company... Also Mac friendly which is always a bonus.
Not sure if anyone is aware of this report but thought it was interesting.

hxxp://www.europeancasinoassociation.org/fileadmin/user_upload/pdf/ECA_European_Casino_Industry_Report_2013-web.pdf
(replace xx with tt)

[trentendboy] 12/4/2014 08:48

Clearly once prizes are paid out what is left is profit. Hence, net revenues and net profits are the same.

Either way, major impact.

[el1te] 11/4/2014 22:29

geoff21 - Have a read through NetPlay's Final Results and take a look at the POC tax impacts section. Correlate the tax figures with the net revenue figure versus the gross profits figure. It's down to classification discrepancies, and the tax is on net revenues.

To quote, from NetPlay (which is a listed company operating in the same sector): "As widely reported it is currently expected that the POC tax will be applied from December 2014 and charged as 15% of net revenue."

I must sounds like a broken record given the number of times I've said it's on net revenues over the past 24 hours.

[geoff21] 11/4/2014 22:15

Looks like 15% tax on profits of UK residents to me!

[el1te] 11/4/2014 18:53

To quote TTR in their results: "Casino net gaming revenues represent gaming receipts from clients less payments to clients within the financial year, adjusted for movements in player balances, which represents money deposited by players that has not yet been used to play."

[trentendboy] 11/4/2014 18:43

NPt are clear that it is net revenue.

Net of what in your view?

[el1te] 11/4/2014 18:42

They are a company involved in the sector! Of course they're going to be correct on that as they would have had to do detailed analysis to outline the impacts etc.

As I've said before, if it was a 15% tax on profits, that would be less than the UK corporation tax, and certainly wouldn't be forcing any companies out of business.

Not sure why so many people are confused about this. Doesn't bode well if TTR come out and outline the financial impact of it on their business, later in the year. It's definitely a 15% tax on Net Revenues.

[trentendboy] 11/4/2014 18:41

Note that npt talk about NET REVENUE

This is the same as gross profit.

Basically take revenues and remove prizes paid out.

The crux is whether marketing costs and bonus payments can also be taken out

I think TTR can remain in profit

[trentendboy] 11/4/2014 18:21

But based on NPTs interpretation