Betfair Grp Share Discussion Threads

[barnetpeter] 10/7/2007 14:01

Oh yes RR "I will be back". The normal spike up will be around soonish.

[sea7] 10/7/2007 12:05

sure is RR i bought a few more last week at 5.38

[chancer6] 10/7/2007 12:04

100K buy has come through at 5.45 pence. Still watching because L2 is still 1 v 4.

[run rabbit] 10/7/2007 11:53

TD it's not even that much as currently stock is available for 5.3 new pennies.

[tornadodown] 10/7/2007 11:36

Looks as though someone feels that way presently.I do agree with your comment though QP as what is .5 in terms of a trade.

RR re post 121 very well put.

[quickpix] 09/7/2007 12:46

you may miss the next spike if you are not in :-)

[run rabbit] 09/7/2007 11:15

Most gaming stcks are on the rise today so maybe see some interest pick up in BET later on.

[run rabbit] 08/7/2007 18:39

BP fair comment but when I look around the markets these days I am trying to identify a company where the present fundamentals does not reflect the current shareprice and I am pleased to say that BET fits that bill.

There are too many overvalued stocks around presently who are being bought up as liquidity remains poor and people buy them on a hope of the future.

Even if we take your scenario it would represent a good 50% gain from these levels which most traders would be pleased with.I presumt that is the level you are looking at reentering your trade here.

[tornadodown] 08/7/2007 17:18

Asia-Pacific online gaming to grow at 15.7% a year

[barnetpeter] 08/7/2007 12:47

Since I first suggested this in Oct 2003 on a different thread, BET has done nothing at all (I am sorry to say). The few who have made any money out of it are those who have dumped on the occassional spike. Me included I must admit. Poor suckers who bought this at up to 15p this time last year. How a bookie with a tote monopoly cannot make a decent net profit out of a £70 million turnover (down from above £100 million) is something I have never worked out. Just 3% would be fine! The statements are always the same - "good progress", after which they raise more cash.

Around 5p offer is I reckon fair value for BET for a punt. The real hope is for a takeover by one of the bigger players at about 10p. That turnover has to be attractive.

Meanwhile, the names on the bet thread changes every year as holders get bored with the lack of movement. Who can blame them? Four years latter and BET has done nothing apart from chewing through the Burnbrae cash.

Afraid its a dawg. Dont trust it and dont get attached. Oh yes, "this time it will be different". Nope - a serial disappointment.

So I suggest, watch for the 5p level and then its usual spike to around 8p and then put your cash somewhere else. All imho.

[run rabbit] 02/7/2007 13:48

Seems to have moved the online price a little higher TD.

[tornadodown] 01/7/2007 21:29

Few buyers came in Friday but again not in quantity to move the price.

[tornadodown] 28/6/2007 23:28

Just seen the article myself



Looks like good news as it will enahnce revenues for the company and as RR says hopefully move them to profitability.

[sea7] 28/6/2007 12:27

should be good as overseas customers will get access to uk races
and of course seeing as gambling legislation changes in sept with
regards to advertising should bode well

[run rabbit] 28/6/2007 11:47

That could be the type of project that will drive BET to profitability. I think it will be very interesting to see the take up.

[sea7] 28/6/2007 11:15

seeing as they are planning a marketing increase in the next two
months, it will obviously raise bet profile and maybe generate some
more interest.

[sea7] 28/6/2007 11:14

did anyone notice the posting on betinternets website on the 19th june
as no mention of it on here:-



regarding uk horseracing introduction

[tornadodown] 25/6/2007 12:02

Yep not much happening at present.

[run rabbit] 24/6/2007 21:27

Glad to see nobody decided to respond to that post then.

[run rabbit] 22/6/2007 14:23

Report: Gambling revenue to hit $144B


LAS VEGAS (AP) - Global gambling revenue is estimated to hit $144 billion in
2011 after growing at an annually compounded rate of 7.2 percent a year,
according to a PricewaterhouseCoopers LLP report being released Thursday.
Gambling revenue is expected to rise from $101.6 billion in 2006, driven by
new casinos and upgrades of existing casinos in all regions of the world, the
report said.
Revenue in the United States is expected to grow 6.7 percent a year to $79.6
billion from $57.5 billion, while in the Asia Pacific region it is forecast to
grow 15.7 percent annually to $30.3 billion from $14.6 billion, becoming the
world's second largest casino market.
Legal casino and online gambling revenue in the region encompassing Europe,
the Middle East and Africa is expected to rise 1.9 percent a year to $27.8
billion from $25.2 billion. Gambling revenue in Canada is seen rising to $5.9
billion from $4 billion, while in Latin America, revenues are expected to climb
to $495 million from $278 million.
Strict regulations banning the transfer of funds between gambling sites and
U.S. residents are expected to have an adverse affect on U.K.-based online
operators, while a mix of sports betting restrictions and new licenses will hurt
sports betting in Europe overall, the report said.
In the United States, Nevada revenues are projected to grow 7.5 percent a
year to $18.2 billion, but Atlantic City, N.J., revenues are forecast to slip
0.1 percent a year to $5.2 billion.
While new projects in Las Vegas are seen driving Nevada growth, the report
said New Jersey's gambling hub would be hurt by the availability of slot
machines in nearby Pennsylvania.
U.S. tribal casinos were seen generating $36.5 billion in 2011, up 7.6
percent per year from $25.3 billion in 2006. Regional U.S. casinos outside of
Nevada and Atlantic City and not including tribal casinos were seen gaining 6.6
percent a year to $19.5 billion, while sports betting was seen rising 5.8
percent per year to $255 million.

[tornadodown] 22/6/2007 12:03

Yes makes a change RR but still no affect on the share price.

[run rabbit] 22/6/2007 10:25

Nice to see someone making a sizeable buy this morning.

[run rabbit] 21/6/2007 23:54

Must say that I agree with you TD.It's just a matter of time before we see real profitability and a serious re-rating of BETs share price.

[tornadodown] 21/6/2007 23:35

Seems to be stuck in a rut and awaiting some further news to drive this off it's lows.Still believe that the company will deliver mind you.Will accumulate at this level and hold for the good times.

[pjetr] 19/6/2007 13:22

my guess is that they're working on a capital increase?
company is still subscale. they have a nice product but visitor numbers are too low.
advertising/alliance with major non-sportsbetting player is necessary to get away from a marginally profitable life...