Cellular Goods Share Discussion Threads

[responsible lad] 03/3/2005 13:23

if I was going to invest I would buy into this one, now there the only gaming stock that has not gone up in price. Guarenteed to double just like the other ones did.

[shirishg] 03/3/2005 08:34

Post removed by ADVFN

[vulgaris] 16/2/2005 08:44

Chip Leeder - Do enjoy your holiday. The serious point here isn't Cubux but CCS & their selling methods, & just what the FSA is prepared to license. If you feel that you can substantiate your allegation of their being a boiler room you should go to the FSA with it,

[benw99] 08/2/2005 06:55

he hehe chip leeder here - (in thailand no password to other account.) Vulgaris - was i right or WHAT!!!!!!!!!!!!!

[wiganer] 12/1/2005 22:14

Well, events since flotation are somewhat reminiscent of a boiler room share...

[chip leeder] 18/11/2004 08:55

vulgaris, not sure where you are coming from - but yes i would definately class them as a boiler room - cold calling with a very hard sell. i just humour them.

[vulgaris] 17/11/2004 21:13

Dearie me, chip leader, you're surely not suggesting that FSA-regulated firms (Charles Street Securities) are boiler rooms, are you, however hard their sell? In any event (i) the Investors Chronicle was mildly positive & (ii)the past couple of days has seen 3 buys of 10000 shares apiece, presumably by people who can see that they'd only get half their money back, allowing for the spread, if they sold immediately.... Someone here has got some faith.

[slapdash] 15/11/2004 18:23

oh dear.... how can a company with revenues in the hundreds of thousands be cadpitalised at £6m...

All growth in the price... and none of the risk... when I got hte prospectus I couldn't believe these guys were serious...

one poxy casino listing on the london exchange has a cap of £6m... oh but we will expand and have six soon.... not good enough I'm afraid.... without a track record and with expansion built in this is best avoided...

I think investors have just read 'company in croatia'... then new EC entrant with high economic growht and growing tourism... then LETS INVEST... without realising that they are only getting a rouletter wheel in some poxy hotel...

Slap

[responsible lad] 27/10/2004 00:12

looks a good one for a double6 type of stock. I will add this one to my stockwatch list.

[dalcon01] 26/10/2004 19:05

Why the drop?

[cezary] 21/10/2004 18:04

Only 22million shares in entire company. How many on Free Float?

[nissi beach] 08/9/2004 12:02

another new stock which could do well is LNG

opnions welcome

[stingray1690] 03/9/2004 12:00

The wheel spins for Cubus Lux


The roulette wheel otherwise known as the stock market started spinning today for Cubus Lux, a gaming group which runs a casino in Croatia.



Offered at 22.5p valuing it at £5 million, the shares made a quiet debut on AIM.

Former Crockfords director David Gray heads a management team aiming to develop a chain of casinos in the region over the next two years.

About £1.3million was raised in the float and will be used to finance future growth and repay existing debt.

Broker Equity Growth Research believes the company has the potential to become the market leader in Croatia within 5-7 years.

The companys existing operation, the Las Vegas Casino, is a year round operation in the four star Histria Hotel in the tourist town of Pula.

It was bought by the present management team in 2003 and, following a re-fit, now offers black jack, roulette, stud poker and slot machines.

Equity Growth forecasts a net profit of £260,000 for 2005 rising to £350,000 in 2006 where it would be selling on 14 times earnings.

The Croatian market is growing rapidly boosted by day trippers from countries such as Italy and Slovenia.

[me me] 02/9/2004 21:29

not sure if we will see any seller's yet 1 trade of 1,600 shares the other day and 2 x 375 today

[double6] 02/9/2004 19:39

Looking at the info about money raised and the market cap., wouldn;t be surprised to see a quick fall back once a couple of sellers appear (IMHO)

[nissi beach] 02/9/2004 17:13

SSH did the same on its admission to aim

[me me] 02/9/2004 16:25

still can only buy 2 share's yet sell 3,750 share's

[nissi beach] 02/9/2004 16:06

hence the rapid rise no liquidity

[me me] 02/9/2004 16:05

If the MM's have no stock then who holds the rest

[me me] 02/9/2004 16:04

75% TIGHTLY HELD

[wole] 02/9/2004 16:00

Cubus Lux PLC
Major Shareholders

Shares in issue: 22.1m 1p Ords
Major Shareholders Amount % Holding
Moshe Har-Adir • 9,898,763 44.79
Lucian Alter 3,299,588 14.93
CSS Bridge Partners LP (Series 2) 880,000 3.98
CSS 770,000 3.48
Haggai Ravid • 694,650 3.14

Other Directors Amount % Holding
David William Gray • 407,000 1.841

[nissi beach] 02/9/2004 15:54

RNS Number:3747C
Cubus Lux plc
31 August 2004

Cubus Lux Plc

Admission to AIM



Cubus Lux Plc, the Croatian gaming group, announces the commencement today of
trading in its ordinary shares on the Alternative Investment Market of the
London Stock Exchange. The company recently raised #1.38m through an Offer for
Subscription of 6,152,000 ordinary 1p shares.



* SUBSCRIPTION DETAILS:

Subscription price 22.5p

Number of ordinary shares in issue following subscription 22,102,001

Gross proceeds of the subscription #1,384,200

Net proceeds available to the Company #1,003,236



* The company, which runs the Las Vegas Casino in the Histria Hotel in
the Croatian tourist resort of Pula, will use the money to open new seasonal
casinos and to repay a bridge loan. It is already in negotiation to open
casinos in three hotels in the Istrian Peninsula by 2005. Two more are planned
by 2006, and the company is actively seeking acquisition opportunities.



* Cubus Lux has a strong management team headed-up by Chief Executive
Yaron Yenni, a former Price Waterhouse auditor, with fifteen years experience in
the tourist and leisure related industries. The non-executive Chairman David
Gray is an ex-director of Crockfords with forty years gaming experience in
London, and the principal shareholder, Moshe Har Adir, has spent 25 years
running a series of gaming operations.



* The company's first operation, the Las Vegas Casino, is a year round
operation in the four-star Histria Hotel, sited in the Istrian Peninsula - known
as the Croatian Tuscany and benefits from its close proximity to Italy. It was
acquired by the present management team in 2003, since then it has been
completely refurbished, and now offers a range of gambling games including Black
Jack, Roulette, Stud poker and slot machines.



* Numerica is the nominated adviser to the company and Rowan
Dartington is acting as broker.



Yaron Yenni, Chief Executive, commented: 'We are delighted with the support that
we have received from investors. The proceeds will help us achieve our strategy
of opening more gaming facilities and actively look for acquisitions. The
Croatian gaming industry is really fragmented and comprises a number of small
operators. This provides us with opportunities to grow organically as well as
by acquisitions.


i tried to buy 5K at 15.25 (and failed)

the mm must have 0 stock judging by limits and rise since