Betfair Grp Share Discussion Threads

[tornadodown] 30/10/2007 08:11

It seems as though the whole sector is pretty hot at the moment Peter.The 100K buy late yesterday shows how quickly this stock can move.

[peterlowen] 30/10/2007 07:42

Q3 revenue up for 888
an ADVFN competitor
Online gaming company 888 Holdings reported a 37% rise in Q3 net gaming revenue.

Revenue grew to $52.5m.

The group said that it is confident about its performance in 2007 and beyond.

The company said its fourth-quarter trading has started strongly and that during the first 26 days of October, its average daily revenue in each of Casino and Poker was about 11 pct higher than the daily average for the third quarter.

888 Holdings said its third-quarter net gaming revenue from Casino and Poker rose 24% to $47.6m.

[8trader] 29/10/2007 16:24

At last another 100k buy.

Can i recommend another stock here (Uvel), currently 250k v 1.5k limits,
valued slightly higher than Bet but has just announced profits of 1.4 mil.

Both look good to me.

[peterlowen] 29/10/2007 16:19

Nice 100k buy gone through....

[tornadodown] 29/10/2007 16:19

Ahh blue.Steady rises as I have stated are the best.Will be interesting if there is a T/S coming out however it does seem a bit premature.

[run rabbit] 29/10/2007 15:49

Good to see the anticipated move higher.I would expect the MMs to fight for stock at this price and any substantial buying will see this move rapidly.

[love it] 29/10/2007 15:28

1 MM jumped the other on the bid. Not much stock around think they want some in the back for AGM me thinks

[8trader] 29/10/2007 15:21

Here we go, 4.25p bid at last.

[shammytime] 29/10/2007 08:06

I've been saying it for a while, we're definitely on the verge of a sharp rise. Trading update to come this week I've been told.

[77dealer77] 28/10/2007 23:40

This article sums things up.Your either in to make the return or can watch from the sidelines

[nakedshorter] 27/10/2007 17:59

15p i'd say...

[8trader] 27/10/2007 15:27

This stock looks good value at this price.
Once it starts to move up all the traders will rush to buy in
and it will be over 5p in no time.

[love it] 25/10/2007 16:19

Guys this was a good thread and none of us were spamming it so why take it out on us?

Not seen these spams but do not like any spamming it has the opposite effect.


Good sell there over the mid price.

[bo doodak] 24/10/2007 23:39

It doesn't need much now to turn this round, and improvements continuing.
This ''HOT'' stock is slowly getting there.

[brindy] 24/10/2007 23:28

Return On Equity (ROE) -3,461.82 % LOL !!!!!!!!!!!!

[tlee05] 24/10/2007 23:23

BET is getting ramped


I can see a peak looking at the graph, I will laugh if it goes up tomorrow from this ramping!

[baronet 1] 24/10/2007 23:08

BET4ME --- Filtered for being a effing nuisance.

JB

[garth] 24/10/2007 23:03

BET4ME has been spamming the boards - reckons that this is the next hot stock. Well, maybe it will be, but I'm wagering that FMJ doubles before BET does.... A quarter of the market cap of BET & I reckon they'll be profitable in 2008..... Sold low and now significantly undervalued, IMO.



DYOR!!!

G.

[love it] 24/10/2007 18:11

So if you look at the latest results operating profits are just fractionly ahead of adminstration costs, given the nature of the turnover growth and reduced admin costs this shows that the business does not seem to incur increased costs to occur with increased turnover like a lot of business's do but then it is internet gambling so this is to be expected.

If those margins are maintained it works out at approx 3% profit margin so naturally the key is
high turnover growth, turnover grew 30% last time around, can they do it again, well the pari-mutuel turnover is off the scale at 148% growth last time so no reason to think it wont jump again, assuming a similar rise in turnover and similar margins this could result in operating profits of 4 million with adminstration costs of less than 3 million resulting in 1 million pre-tax profits.

However this is purely based on overall margins of 3%, management clearly state that pari-mutuel have the higest margins, you can see it has the highest growth too so any conservative estimates could easily be smashed if everything falls into place.

There's a lot of positive feedback in the final results, lots of new ventures in the pipeline, they can now advertise for new business.

Is there something i'm missing here because why is Bet so quiet, no trades at all today, i've looked at Lng, they are valued close to the same as Bet, i've looked at their results and believe me Bet looks the better play yet Lng has a private stakebuilder and plenty of trading every day,
have a look for yourself, they made a operating loss last time but to be fair they do take chances when you are a big layer of football matches.

Back to Bet, i think it's a strong buy, i cant understand the lack of interest, a stock called IBB
caught my eye the other day as it rose from 5p to 14p in little over a week !

It's valued at 31 million , it loses so much money, operating loss of 4 million in last interims, it
will need to raise more money, it's turnover growth is pitiful and so what happens, it rises 180%
max in 2 weeks !

Typical.

ps...The mm's are willing to pay 4.26p for stock on a 4-4.5p spread, what does that tell you ?