Betfair Grp Share Discussion Threads

[cyclingnut] 18/7/2007 09:30

these guys got any cash, if so how much and what is the cash burn rate per annum?

[chancer6] 17/7/2007 22:41

IMO the problem has always been that a sustained rise can't be achieved. Nonetheless, at these levels again, looking at the below chart even a novice would be able to see a 50% gain possibility to 8 pence from these levels. The chart says we are well overdue for another spike IMO!

[cyclingnut] 17/7/2007 22:34

you ramping revellers have got me reaching for 50-100k tomorrow!!

[run rabbit] 17/7/2007 22:17

In that case I would expect the action to start when we are in T20 range or just before.There could be some nice price action pretty shortly.

[chancer6] 17/7/2007 20:05

The next set of results are only six weeks away now. The company is doing better than it was doing this time last year at much higher prices! Will be interesting to see how the move into Horse Racing develops. But IMO at these levels there could just be a management buyout. Take the company private at 10p IMO. After all, the share price has been disappointing for a few years.

[chancer6] 16/7/2007 19:40

Hi Tinker Tailor, I've been watching these for a couple of wks and was waiting for the bottom. I got in this afternoon with 50,000 shares at 5.30 pence. I think the buy price is 5.375p now. The price has only fallen on a lack of interest. If you look at the chart we are due a big spike back up now
from these levels on renewed interest. I'm back at work tomorrow and didn't wanna miss out on the spike when it comes so got my shares today. Looking at the chart, the price does seem to go on one of those 50% rises throughout the year. One's definetely coming here soon IMO. A much safer and rewarding bet amongst the gambling shares at these levels.

[tinker tailor] 16/7/2007 19:35

Hi Chancer are you buying into this one?How high do you think it will go?

[chancer6] 16/7/2007 19:30

betinternet.com launches UK Horse Racing
19 June 2007

betinternet.com plc, the Isle of Man based on-line gaming group, is today pleased to announce the introduction of a UK horse racing service to its website.

Garry Knowles, Managing Director commented: "The introduction of UK horse racing signifies a further step in the continued enhancement of our sportsbook offering and we believe it will widen the appeal of our website within the British Isles. Our developers are continuing to add functionality to this new product and we expect to have a full range of betting options available within the next two months, when our marketing activity will increase ."

[chancer6] 16/7/2007 18:09

SUMMARY
*Profit at EBITDA
*Costs well undercontrol
*EWS growing
*Sportsbook offering expanding

*and 11 million market cap????

[chancer6] 16/7/2007 18:07

Hi TornadoDown, Back at work tomorrow having been off sick for a couple of wks. Didn't wanna miss the opportunity and got my 50K today.

[tornadodown] 16/7/2007 17:44

Evening everyone.Nice to see some activity comming back to BET and hopefully a sign that the bottom has been reached and this will turn higher.

Rover we don't like rampers on here especially those which have sold so please desist.

[chancer6] 16/7/2007 16:42

LOL! A minimum 50% upside from these levels on current trading. Much more safer and rewarding than LNG at these levels IMO!

[roverisback] 16/7/2007 16:40

sorry guys this dog is dead..buy LNG instead

[chancer6] 16/7/2007 16:37

Next prelim announcement 07 - Sep – 2007!

[chancer6] 16/7/2007 16:22

IMO one blue tick up in the next day or so will provide the spark. Expect strong buying volumes from these levels once these start rising!

[chancer6] 16/7/2007 16:16

Hi Run Rabbit, did post the other week about my interest. Back at work tomorrow and didn't wanna miss out on picking some up at these bargain levels!

[run rabbit] 16/7/2007 16:14

I would think so at this level C6.

[chancer6] 16/7/2007 16:08

Online buy price now is 5.375 pence!

[chancer6] 16/7/2007 16:01

Couldn't wait any longer and just purchased 50,000 shares at 5.30 pence. That's all I could buy online! IMO these are well due a big bounce back up from these lows. Sellers dried up and we did have a 100K buy last week at 5.45 pence and the week before a 120K buy at 5.50 pence.

[run rabbit] 12/7/2007 21:31

Great news - seems to have bought the buyers back

LOL

[roverisback] 11/7/2007 23:31

sold out today...going nowhere

[run rabbit] 11/7/2007 23:15

A few new users names appearing so people certainly starting to get interested at these levels. I may look at adding a few soon as I am sure this is about to attract some interest.

[guidfarr] 10/7/2007 14:08

i think something holding betinternet back is the lack of a proper affiliate programme - they pay peanuts to affiliates NOT realizing that affiliates are their best ROI so this will always hurt the company in the long run.