Betfair Grp Share Discussion Threads

[bo doodak] 18/7/2007 16:52

I can vouch it moves... but only downwards it seems.
Musn't grumble though, its been a slow graceful decline.
Better times ahead once must hope.

[sea7] 18/7/2007 16:22

have not seen this level of buying for ages good to see
all bodes well

[cyclingnut] 18/7/2007 15:48

Are you BETting on that? Lol

[chancer6] 18/7/2007 15:44

Highest buying volume in a long time today....it'll blow in the next day or so IMO.

[cyclingnut] 18/7/2007 15:31

I have held for 6 hours and getting bored already! GET INTO TIR there holdings in AST is worth over £7million quid alone, look at there mkt cap!!

[chancer6] 18/7/2007 15:20

Yes indeed!.

[cyclingnut] 18/7/2007 15:13

chancer,

meaning.........next couple of buys will move it up?

[chancer6] 18/7/2007 15:09

L2 has improved today and is 2 v 3 now from 1 v 4. Not long now for some blue!

[cyclingnut] 18/7/2007 15:01

either a big seller in the wings or these market makers are as stubborn as can be!!

[cyclingnut] 18/7/2007 14:40

I BET this will rise over the next 4-6weeks.

[cyclingnut] 18/7/2007 12:07

Mart,

All quiet at the BET Inn but think that might be changing shortly as t traders may some come to the feast.

[mart] 18/7/2007 12:01

Yea, I know; but my experience that these sorts of companies mostly have a v high discount to NAV.
Meanwhile, back at BET .....

[cyclingnut] 18/7/2007 11:35

Mart,things are about to change at TIR

TIR have sold 5 mil shares in AST since 2006 report (29m down to 24m at present). Current holdings are valued as follows. AST 24M @ .25 = £ 6M, Franconia = £ 1.1M, Nautical = £ .7M, Other bits & pieces = £ 1.2M, giving a total of £ 9M for the investments. Then there is cash at bank of approx £ 4M, giving an all up value around £ 13M. Shares issued less the buybacks is now 175 million shares giving a net asset value about 7.4p. Therefore, at current share price of 4.1p TIR appears undervalued and should have little downside risk. However do your own research

[cyclingnut] 18/7/2007 10:27

MART,

What price are you in TIR at?

[mart] 18/7/2007 10:16

Yes, into TIR and can't wait to exit 'cos it has been extremely lack lustre over the longterm.
Back to BET: my trades not showing. Last time I gave this serious consideration it was nearer 7-8p.

[cyclingnut] 18/7/2007 10:14

wonder why they aRE NOT SHOWING OUR TRADES YET? Any of you boys into TIR?

[cyclingnut] 18/7/2007 10:02

rabbit, you reckon we are due a RUN...lol!!

[cyclingnut] 18/7/2007 09:58

I did a little reading last night re:BET and it certainly seems undervalued at these levels.

Also based upon the historic charts, it does seem to 'shoot to 7 or 8p' from these levels. Someone said news is due Sept 7thish, we may well see some t traders join the fun.

On another note an MBO at 10p would please all share holders

[run rabbit] 18/7/2007 09:51

With all this activity things may get moving here at last.

[cyclingnut] 18/7/2007 09:44

what the hell, I just bought 50000 at 5.3ish hasn't registered yet...here's hoping.

td, these guys got cash etc,etc.........safeish BET or what?

[mart] 18/7/2007 09:44

Well, decided to take a punt on this - scientific eh - but buys not showing yet.

[tornadodown] 18/7/2007 09:33

I wouldn't actually say anyone was ramping this just singing the virtues of an undervalued company with massive potential.