ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

BSS Betonsports

265.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Betonsports BSS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 265.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
265.00 265.00
more quote information »

Betonsports BSS Dividends History

No dividends issued between 26 Apr 2014 and 26 Apr 2024

Top Dividend Posts

Top Posts
Posted at 07/8/2006 22:44 by smicker
Will the dividend still be paid even if the shares are suspended?
Posted at 18/7/2006 14:46 by shaunoneill
guys I have to say i have a gambling magazine and a lot of client have pulled out because of this, this company will reopen but it will be worthless i think the us market for BSS is about 70% of there business, there only option would be to hit Europe in a big way, good luck to you all.
Posted at 18/7/2006 12:45 by wiganer
Here's the indictment in full. Having read that lot I can see no possibility of BSS ever coming out of suspension.
Posted at 17/7/2006 23:20 by chef
It looks like the allegations are that the company originated in the USA and as a result should have paid US taxes on its profits and they then moved everything out of the country etc.

SBT, PRTY, etc have not done anything as such and are UK incorporated companies

this looks even more a pure BSS issue especially when you note the telephone companies have been issued orders only against BSS who started in the US and allegedly paid no taxes and then moved equipment around before going offshore
Posted at 17/7/2006 22:58 by chef
because this is specific to BSS and looks like not something new against the company founder
Posted at 19/5/2006 10:06 by moogies
Press comment:





With BetonSports shares trading at just nine times forward earnings, the company is one of the cheapest in the industry. Buy, says The Independent.






Eastern promise

The online gaming company Betonsports added 3p to 160p as it doubled its presence in the Asian market with the acquisition of Hooball and its 777ball betting site for an initial $22m (£12m).

The businesses mainly take bets from China, where the online gaming market is said to be growing at about 34% a year, and last year made a $3.6m profit. Betonsports, which also has operations in the United States and South America announced a 12% rise in full-year profits to $14.9m and gave an upbeat outlook for the current year.

Analysts at Altium Securities like the look of the business, especially given recent moves to strengthen the company's management team, and have an add recommendation on the shares.





Betonsports Plc (BSS LN), an online gambling company, rose 3 pence, or 1.9 percent, at 160, after it agreed to buy Chinese Internet gaming brands Hooball and 777ball for as much as $38 million, doubling its business in Asia.

``We see China as a 'must-be-in' market,'' said Chief Executive Officer David Carruthers. Asian punters tend to bet more than their American counterparts, making the region more attractive for investment, he said.

M.
Posted at 16/5/2006 16:58 by woozle1
Totally agree. This has great upside. The company has very little poker and casino revenue, and the cross sell from sports into poker and casino is very strong once there is shared purse technology. I can't believe that BSS have not checked out the impact on cross sell for Betcorp. If BSS can't put in the the technology, then I am sure that someone else will do it for them.

W
Posted at 20/4/2006 12:47 by nissi beach
Reverse float was very successful LNG went shopping for VIP at 88p which in turn made the price rise to 130p. They could repeat the performance and LNG would be over 200p

The management seem very capable so be it organic or acquisition they are delivering EPS growth, which is the main driver of SP

On BSS is Morgan Stanley buying again?

Good luck either way for BCL and BSS
Posted at 19/4/2006 11:38 by woozle1
Nissi

i agree with you. what the market has yet to appreciate is how strong the cross sell has been from sports into casino and poker. You should check out Betcorp that recently shifted its listing from Australia and that is in process of being turned around. the two thing that stand out are: (i) how quickly these businesses get turned around and (ii) the strength of the cross sell. Currently 15% of their sports book play poker and that is rising; and 20% of sports play casino. In BSS case the numbers are low single digit, so the scope to growth from casino and poker revenue for BSS is huge and that is before you factor in a turnaround in the sports book.

I don't like LNG as its more financial engineering than business; where as SBT and BSS are pure businesses. Your are right about SBT having a better share in casino and oker but there in lies the opportunity for BSS and why it is looks so compelling. If they can even achieve small amount fo what BCL and SBT have achieved in cross selling poker and casino, the shares are substantially undervalued.

W
Posted at 18/4/2006 12:39 by woozle1
Nissi

thanks for that but BSS is over £100m m/c. I agree with you about track record and once the company can demonstrate that it can hit its numbers then we should be off to the races. Given SBT valuation, BSS is probably worth double the current value.

I look forward to making money from this stock.

W

Your Recent History

Delayed Upgrade Clock