Betfair Grp Share Discussion Threads

[john hampton] 05/11/2007 12:33

L2

1 25k v 4 100k

[8trader] 05/11/2007 12:27

mm's getting bailed out here with lots of profit taking triggered by
that first 70k+ sale.

Still sell 100k online at 5.1p.

[tornadodown] 05/11/2007 10:39

Jim there was really no specific reason why the price dropped.It was casually walked down by the market and now seems to be walked up.The signs and the news imminating from BET are very positive and as you say if volume does pick up this will see very strong moves.

[dkpetti] 05/11/2007 10:29

I must have psychic powers!!!

[dkpetti] 05/11/2007 10:25

Jim... I expect the spread to close later, probably to .5p.Low Market size..I think it is possible to buy 25000 by phone at offer price. I'm anticipating a further rise today and during the week to come.

[tornadodown] 05/11/2007 10:24

It seem like each buy is moving this.I know from some investigation that the is not alot of stock out there and limits are confirming this.

[8trader] 05/11/2007 10:20

Morning.

5.22-5.45p 100k v 15k online.

Large buy jimibt, when sentiment changes and there's a shortage of stock
you can find your medium term targets hit in a short space of time.

[jimibt] 05/11/2007 10:17

Run Rabbit - yes, this seems to be pretty much under the radar at the moment for most peeps.

[run rabbit] 05/11/2007 10:09

Strong start to the day and again difficult to purchase any stock online.Would not be suprised to see the momentum continue now.Still great value at this price.

[jimibt] 05/11/2007 09:38

dkpetti - the only fly in the ointment (tho' in itself, a good sign), is that the wide spread and low market size is going to limit the 'fan-base' at the present time. however, it's a pattern i've observed well over the years in tightly held shares and for this reason, i believe that once the demand is there and the spread tightens, then we could see siginifcant rises each session. of course, pending announcements should hopefully further clarify and strengthen the image and goals of the 'new' company. who knows, if their PR team are up to the mark, they may manage to get a story out of the name change with a p.s. noting the rise today as well :)

[dkpetti] 05/11/2007 09:34

jim....I bought the 36k just before you. My instincts are that this is going to climb. The bits of info suggest that this is going to turnaround. Gambling is on the up, a growth sector. On that basis I have invested in these. The trend is up and I feel that on this basis this could reward us very quickly.

[hevatech] 05/11/2007 09:33

Here we gooooooooooooo!! Hold on tight and enjoy the ride.

[jimibt] 05/11/2007 09:09

shammytime/andyhore69 - it's the kind of 'feel' i'm after if not the detail :)

btw - i bought the 176k earlier, kinda gut feel thing

[shammytime] 05/11/2007 08:59

This is about to explode!

[jimibt] 05/11/2007 08:54

just a few points i'd like cleared up from those close to the action:

1. is the new name effective as of today??
2. what are the aquisitive targets that are mentioned in the 2/11 RNS
3. thoughts on prospects going fwd
4. the $64,000 question, is the current price 'fair' as things stand today and what would your expectations 3/6 months down the line be.

sorry if this appears a lazy man's attitude for gathering info, just that you guys seem to have a nice close feel for things.

cheers

jimi

[love it] 04/11/2007 21:55

Can you post the link TD please.

[tornadodown] 04/11/2007 21:23

Love it you could always place a limit.I see that BET was headlining on MAM over the weekend with the headline "Betinternet on track" so hopefully may well see some activity early tomorrow.

[love it] 04/11/2007 19:22

RR cheers but away all day tomorrow. The 5p offer had 37.5k on it I seem to remember.

Could sell as many as you like. Just needs volume at the moment and I think we are going to get it.

[run rabbit] 03/11/2007 22:05

Love it I think many would like to add however it is so difficult to buy in any quantity at present.Limits were only 10K on Friday so tends to point to continued rise.A phone call early to the broker may be in order if you want to add further like myself.

[love it] 03/11/2007 20:02

The sector is in for a re rating so SHhhhhhhhhhhh

I need more top ups before the crowd arrive. Picked up 100k in the last few weeks. Looking to add more so keep it quite.

[tornadodown] 03/11/2007 18:01

Some interesting statistics here show that a large proportion of the shares issued are tightly held

This would mean that any serious buying will have a significant impact on the price.That can be seen by Fridays action where it became very difficult to purchase any stock and subsequently the market was forced to drive the price higher.

Fridays AGM statement shows that this is certainly a growth company and we already knew that they were profitable at EBITDA level.I would not be suprised to see BET move into full profitability soon and with them turnoing over £86M a significant re-rating in terms of the share price will coincide.

[peterlowen] 02/11/2007 17:41

The 3 year chart looks encouraging......
If only.......

[8trader] 02/11/2007 16:32

Closing limits were 4.65p bid for 150k v 5p offer for 10k.

Nice tick up before the close and should be more to come
next week.