32red Share Discussion Threads

[jakleeds] 08/12/2015 16:48

Finished at the day's high of 114p.

[jakleeds] 08/12/2015 16:06

Looks to be firming as we head into the close. On a dire day in general for the markets.

[jakleeds] 08/12/2015 10:12

:-) Would probably have had some before today but was having too much fun with XLM...

Let's not forget the recent share purchase by the non-exec's wife.

[saucepan] 08/12/2015 10:04

Cheers, jakleeds; good to see you here. I added again this morning myself.

[jakleeds] 08/12/2015 10:03

Thanks saucepan for flagging this on the Zulu thread. I have bought some decent sized chunks this morning. The shares do look very cheap, I love the chart and the recent backtest of 100p was significant I feel.

I think the recent acquisition of Roxy is going to be fantastic, with a probable 'materially ahead' statement in the near future. Gleaned a few snippets from the interims that are worth posting:

"In July we announced the acquisition of Roxy Palace which is a superb fit for our business bringing a strong complementary brand which we are confident will generate significant incremental revenue opportunities".

"The Company has acquired the customer database, intellectual property rights and certain other assets used in connection with the Roxy business, a business that was founded in 2002 and had built up a player database containing 230,000 registered players. The Roxy business reported Net Gaming Revenue of GBP10.1m and Gross Profit of GBP3.4m for the year ended 31 December 2014. After fixed costs, estimated Earnings Before Interest, Tax, Depreciation and Amortisation totalled GBP1.6m for the year".

But this is my favourite:
"Roxy Palace is an excellent addition to the Group with a strong and well established complimentary brand and market expertise. The integration of the Roxy business with the 32Red business has commenced well and will deliver enhanced scale and market diversification to the Group. Aside from the more obvious cost synergies, a number of exciting revenue synergies have already become apparent. The Group will operate both brands in the UK where the exchange of marketing knowhow and cross-sell opportunities will benefit the entire Group".

[welshwizarduk] 08/12/2015 08:28

Hit yet another new high. My favourite stock at the moment. Can see some nice continuous gains. Then eventually taken over.

[saucepan] 07/12/2015 11:36

A quiet thread. I went long here last week after TTR appeared in one of my ShareScope value/momentum filters.

I see TTR is making a strong move today, away from the big round number 100p threshold that has helped to create a consolidation pattern on the chart.



TTR has rather compelling fundamentals, in my view. Note the strong growth patterns, achieved and forecast.



Rolling P/E 2 = 9.6
Slater PEG = 0.16

Those are very low metrics. Too cheap?

[paleje] 04/12/2015 13:55

IC have an article today on the gambling sector, favourites GVC and 32R.

Edit added GVC

[shakeypremis] 16/11/2015 13:55

Appears to be on the up again today.

[treeshake] 14/11/2015 15:19

Had a top up trade at 16:25 unfilled by Barclays, was only for about 4k worth too !

Not sure why Im typing this and feeling disappointed especially when whats going on around us !

[bamboo2] 14/11/2015 13:08

I was out yesterday, so missed most of the session. EOD close above the rim of the cup, and the intraday bounce on the 50sma are both positives. I also like the increased volume. Wish I'd had the chance to add at the lows.



Long term

[treeshake] 13/11/2015 18:50

.......and after 5.30pm on a Friday !Anyway shiny new iMac to boot this afternoon, not a bad day TTR trade paid for that and a lot more in the scheme of things Have a good weekend everybody

[treeshake] 13/11/2015 18:41

Received an email from the CEO stating their surprise at the fall and referring me to the RNS responseQuite impressed by that to be honest - at least he took the time to respond.

[shakeypremis] 13/11/2015 16:51

Thankfully I decide to buy at 86.22p earlier - missed the bottom as I was not around to see that happen unfortunately.

[fizzypop] 13/11/2015 16:23

Hence the latest rise in share price from 4pm

[dasv] 13/11/2015 16:16

cheers jaws

[paleje] 13/11/2015 16:15

Thanks jaws6, plain and to the point. Treeshake and any others who've written to co, thanks and thanks to Ed for responding.

[jaws6] 13/11/2015 16:06

TTR rns out

[treeshake] 13/11/2015 15:53

It's an iMac so shouldn't need returns :-)

[paleje] 13/11/2015 15:45

:) good luck, prefer Amazon meself, returns policy is no-nonsense whereas have had ups and downs with PCW ages ago, maybe they've improved since.

[treeshake] 13/11/2015 15:30

I sure will but currently stuck in PC World buying a new machine ! My old PC has just given up - the shock of TTR no doubt !

By the looks of this place shares in this must be a buy too !

[celeritas] 13/11/2015 15:28

This has always been moved around fairly easily.

[paleje] 13/11/2015 15:25

Surely it had just moved a bit too fast, funny how people think the same en masse though without comment from one of the pundits.

Numis's target of 160p based on EPS next year of 10.5p and a PER of 15 is quite bullish when we haven't cleared this year yet, the January trading update might add weight to it and I was expecting us to be over 100p towards then but the rise has been very fast, a cool off isn't unusual.

Please summarise Eds reply if you get one Treeshake.

[treeshake] 13/11/2015 14:32

ULINBAC - just emailed the CEO for an explanation if there is to be one at all. Probably too busy to deal with the likes of me tbh though

[dasv] 13/11/2015 13:46

watching it on IG and spread has narrowed from 4-5p to 1.5p now