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GGK Gamingking

0.775
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Gamingking Investors - GGK

Gamingking Investors - GGK

Share Name Share Symbol Market Stock Type
Gamingking GGK London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.775 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.775 0.775
more quote information »

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Posted at 07/2/2008 16:21 by eegus
From GGK website:


Media Archive

25/01/08



WARNING! SHAREHOLDER CONTACTS FROM CANADA

A number of our shareholders have recently been contacted by "Henderson and Rockwell Advisors" of Montreal, Canada.

The company and its offer are fraudulent, and shareholders should on no account transmit any personal information such as bank details to them.

This company is using investor information publicly available from Companies House. They are in no way associated with Gamingking or any of our shareholders or advisors. We have informed the Montreal police authorities.

If you have any concerns regarding the above, please contact Gamingking plc on 0208 559 8111.
Posted at 02/10/2006 11:29 by marine boy
ARS announcement

The board of GGK has noticed the drop in share-price
over the last twelve months and basically couldn't give
a damn. However, it is aware of the situation regarding
internet gambling sites that operate in the USA and suggests
that investors that can't tell the difference between a duck,
have only themselves to blame.
Posted at 08/9/2006 16:29 by cbrown
Looking now............ I should also say that I am just a logical investor and would not call myself an expert.

Had a look at TGM and on the face of it they only have to replicate the 2002, 2003 or 2004 profits to more than justify the current share price.

I have only had a quick look at various info and haven't yet seen why the share price is weak but I'm guessing maybe its because there is some doubt over renewal of some of their bigger Bus and Coach contracts?

However, even if this is the case 50% of NAV looks like a safeish level providing their own asset valuations are realistic and providing that the market place isn't currently overloaded with bus and coach operators. I guess the good thing about TGM, compared to say GGK, is that TGM's assets are tangible.

I would also say that logically the share price could well rise in the short term by 50 to 100% but is very unlikely to super multiply quickly because diversification and expansion I would think is a slow process in this sector because of both the capital expenditure required and the amount of competition.

This is just my of the cuff gut reaction formulated in 30 seconds of thinking time.

Okay, can now see impact of increased fuel costs and some restructuring costs. Perhaps more disposals are the way forward for TGM to make it leaner and fitter and to realise some of the asset value.

This looks very much like yet another stock that has very poor liquidity meaning often that price movements are exaggerated based on small volumes.

I think overall if you can pick up say 15 or 20 of such stocks that have been marked down too much but yet retain sound fundamentals or potential big business expansion this could be a good investment strategy and by holding a diverse portfolio it would be easier to ignore some of the shares dropping more in the short term on the basis that they are a good hold.
Posted at 20/12/2005 07:42 by marine boy
GMC are still more than five times their low - it's hardly suprising the price has retracted a bit. Even if GGK were to double from its low it would be 3p. Investors are very hasty with GGK but I think 3p is easily on the cards very soon. Any possible predator & this could go to 5p. GGK have made some good moves this year & who know's, there might even be a small divi.
Posted at 28/11/2005 08:43 by marine boy
Has the strategic purchase of Kelly's Eye been overlooked by the smaller investor?

In May this year, Kelly's Eye was purchased for £1,347,200 of which £750,000 was cash & the remaining £597,200 by issuing 24,576,132 shares at 2.42p.

Kelly's Eye had revenues of over £2m and an operating profit of over £200,000 for year ended Dec 2004.

This will all add to the bottom line figures of GGK and then there's Gemini Club Supplies & Independent Leisure Supplies figures to add on too.

Perhaps this would explain the delayed results.
Posted at 17/11/2005 09:59 by marine boy
Countdown to interim results due on 8th December. Should at least meet expectations & with recent cash aquisitions could have a few pleasant suprises.
Turnover & profit have been increasing steadily over the last few years and GGK has taken some major initiatives to expand the business in a sensible & cost effective way.


Turnover:

£1,668,000(2002)
£2,158,000(2003)
£2,782,000(2004)
£3,059,000(2005)
Posted at 29/7/2005 06:27 by 25wbh
will there be any mention in the investors chronicle today??
Posted at 04/7/2005 12:53 by 25wbh
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Corporate Calendar

2004 2005
Financial Year End 30 April 30 April
Full Year Results Posted 29 July 29 July
AGM 28 September 10 October
Interim Results Announced 06 December 08 December

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© GAMINGKING plc 2004
Posted at 06/5/2005 09:45 by bfranz
To be honest the mm are just souring investors here with this up and down stuff----------
Posted at 22/4/2005 10:00 by marine boy
Wouldn't you offload a few shares if they trebled overnight. Then issue a statement to say they don't know why they trebled (except the excellent results) then buy them back when the share plummets as investors dump them in panic. This share is so twitchy, I'd only have to buy 100k and the bid would lift to 2.6 with 3 on the offer again. I was thinking of topping up as the offer had fallen back to 2.65p but it's back up again. Lots of watchers with this one - it doesn't take much to move it. I might even do it later for fun.

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