Betcorp Share Discussion Threads

[martincoops] 12/7/2006 08:23

Also the turnover is excellent and BCl will increase margins and what with the cross selling and admin savings this will add greatly to the bottom line.

For the year ended 30 June 2006, Oasis recorded (unaudited) gross revenue from
players of US$7.4 million (sports US$3.6 million, casino US$3.8 million) on
turnover of US$278 million (sports US$61 million, casino US$217 million) and net
income of US$1.3 million.



Following the migration of Oasis onto the Betcorp operating infrastructure, the
Group expects to make annual net operating cost savings of over US$1 million by
fully integrating its bookmaking, customer service, IT, finance and marketing
resources.

[martincoops] 12/7/2006 08:19

Good points Woozle1

Looks as if BSS is doing well, thanks for that tip :-))

[woozle1] 12/7/2006 08:17

Delisting will be good news for the shares. One of the problems in the last few months has been the steady drip of Aussie shares being converted into Aim shares and being sold into a falling market. Whilst the company is developing its institutional/retail investor this has had a damaging effect on the shares. Once the delisting takes place, this steady drip of small shareholders will cease.

All the news this morning is good:

Trading is good
Acquisition at a very reasonable price
Delisting of the Aussie shares

This will get re-rated or bought.

[martincoops] 12/7/2006 08:17

Betcorp H1 gross revenue up 75 pct, buys Oasis for 9.76 mln usd

LONDON (AFX) - Betcorp Ltd said it expects first-half earnings to be
slightly ahead of market expectations with overall gross revenue up 75 pct at 22
mln usd.
The Internet gambling group also said it bought Netherlands Antilles-based
gaming company Oasis for 9.76 mln usd and plans to delist from the Australian
Stock Exchange with effect from October 31, keeping its sole listing on London's
AIM market.
[e-mail]
joy

[martincoops] 12/7/2006 08:04

Looks as if the gaming sites liked something last night most are up this morning. Could be that Bush party has some concerns. Dont know but PCL holding up well

[martincoops] 12/7/2006 07:39

Could even see this up today

[martincoops] 12/7/2006 07:36

Well only 32,000 traded in Aus so no big sell off.

[milner2] 12/7/2006 07:32

Acquisition looks sound,but don't know what to make of the delisting from AXS.
Will hold and watch how this pans out for the time being.

[martincoops] 12/7/2006 06:55

News out on Aus, BCL to delist in Aus and Acquisition. Shares traded 25c down (10p) but this could be due to the senate announcment on passing the law banning internet gambling or the fact it is going to be delisted in Aus.

Next couple of weeks could be interesting.

[martincoops] 11/7/2006 16:09

Hi Woozle

Had a look and thought I would be try a few, brought 2407 this morning, just noticed that 3 x 300,000 odd buys gone through so maybe my timing will be ok on this one.

BCL looking good sould be nice to see a tick op before close though.

[martincoops] 11/7/2006 15:19

Sounds positive Wonder Boy

Well I reckon 2 -3 weeks time we will be over the £2 mark.

Be lucky

[wonder boy] 11/7/2006 12:55

nice to see the company have registered betcorp.net. maybe they are listening to those people that want them to raise their web based profile

[milner2] 11/7/2006 12:31

No move in AUS yesterday.
Nice gain today,be good to see a nice steady rise before the next set of results.
Cheers.

[martincoops] 11/7/2006 11:57

Still moving up nice to see a little more volume today, people catching on to the value of this company??

[martincoops] 11/7/2006 10:48

Morning all

Just got up and nice to see the rise today.

Hi Woozle

I will have alook at betonsports

be lucky all

[finbarr] 11/7/2006 09:58

Woozle1,

have you a guestimated time-scale for all of that?

[woozle1] 11/7/2006 09:09

martincoops

still a holder and think these are silly cheap. the re-rating for all these stocks wiil probably come after vote in the senate. the house of representatives are expected to push through goodlatte and leach but the senate should reject for all the usual reasons. my favoured play is betonsports, which is not quite as cheap but much more liquid and we will probably get re-rated quicker.

W

[martincoops] 10/7/2006 09:39

Morning all

[dodmod] 07/7/2006 15:44

Try out:

Had a few good days with info from there.

[martincoops] 07/7/2006 15:21

I see PRTY is really getting hit at the moment. We will find out on Monday if this will follow.

[martincoops] 07/7/2006 10:21

So does that make us a takeover target if so they can have my shares at £3, or is that still too cheap??

[martincoops] 07/7/2006 09:47

Well done nurdin, was just looking for them to post for you.

Agree these are just to cheap at current price

[nurdin] 07/7/2006 09:26

Ah never mind.Found KBC Peel Hunt note from March this year.Estimates are:

06 eps 49.6c(US)
07 eps 59.6c
08 eps 73.2c

Look ridiculously cheap on those estimates

[martincoops] 07/7/2006 09:22

Hi Woozle

Thanks for that. You still holding?

[nurdin] 07/7/2006 09:07

Looks interesting again.Anyone got the latest brokers estimates please?