Gamingking Share Discussion Threads

[english bigblls] 14/12/2005 11:12

Interesting share.

[english bigblls] 14/12/2005 10:58

This does look interesting..

[heidigynne] 14/12/2005 10:57

A little blue again I see!

[L2 2 v 1].
rgds.,

H

[marine boy] 13/12/2005 18:19

A little optomistic goldie40, but a lot higher than 2p.

[goldie40] 13/12/2005 17:10

new chairman, new director, new gaming act, 5000clubs with lottery vending machines in, with the new act allowing them in pubs cafes fish and chips shops etc this could soar to 50000 sites selling at the moment 60 million sratch cards this could soar with the new act 500million what is that worth to a online gaming co to have there name on these tickets or even better gk to have its own gaming site and bye the way do not forget the tote machines they are rolling out . this could easy go 100p plus in 18 months

[marine boy] 13/12/2005 15:14

Yup, I've been talking to myself for ages now but once this baby starts to take off I'm sure we'll get a few more visitors.

[heidigynne] 13/12/2005 14:44

Crumbs, it's gone v quiet here.
Must admit it is several months since I last looked in.
However, results time again hoping for an 'on track' statement and outlook.

rgds.,

H.

[marine boy] 13/12/2005 08:59

GGK website still indicates results due on 22nd December. I think this will move very quickly, hopefully up. A small buy at 1.8p this morning moved the bid up to 1.6p. I'm expecting very positive figures based on their aquisitions over the year and the general expansion and accessibility of the gaming market. Unlike PartyGaming, these are not threatened by U.S. laws but have a tangible base of some 5000 establishments in the UK & growing. I could see some consolidation over the next 12 months as the new lottery act comes into force in 2007.

[marine boy] 08/12/2005 17:04

I would not be suprised to see another tick up on the bid tomorrow. Can't believe these are still under 2p. Expect a gradual pick up to results day in two weeks.

[goldie40] 08/12/2005 15:20

the 60 million tickets gk sell every year to gamblers must make it attractive to online gaming co like 32 red and others who will get first ?

[marine boy] 08/12/2005 09:11

Things moving at last. Board shake up brings more experience with online gaming so could be a strategic move.

[goldie40] 06/12/2005 08:15

gaming king holds a lottery licence rember

[marine boy] 05/12/2005 13:49

Well, it reflects it even less now as it's just dropped again but expecting good results on 22nd so will probably recover quite quickly.

[demark] 05/12/2005 13:13

Marine Boy,

ggk's price does not reflect that.
dyor

[marine boy] 05/12/2005 12:39

And your view is what, Demark ?

[demark] 04/12/2005 09:26

from sundaytimes - 04/12/05. what i don't understand is that private equity firms are considering bidding for the right to run national lottery which sparked by the stable cashflows generated by the lottery's portfolio of games. there is a direct correlation between cash flow generation and ggk's income stream. strange.
i am a holder of ggk
dyor

Private equity firms eye lottery
Mark Kleinman

A GROUP of leading British private-equity firms is considering muscling in on the bidding for the right to run the national lottery.
The move could threaten Camelot's chances of retaining the licence it has held since 1994.

Candover, Cinven, CVC and Permira are all understood to have requested information from the National Lottery Commission (NLC), the industry regulator, and its adviser, NM Rothschild, about the terms of the new licence, which begins in 2009.

The interest of private-equity groups is likely to have been sparked by the stable cashflows generated by the lottery's portfolio of games and the NLC's decision to extend the licence period from seven years to ten.

While firms like Candover and CVC would be unable to bid on their own, there would be no shortage of interested gaming and lottery operators with whom they could form partnerships. Ladbrokes is understood to be working with the Greek company Intralot to evaluate a possible bid.

Tattersall's, the Australian group, Italian group Lottomatica, and Sir Richard Branson's Virgin Group, which lost out in the last bidding competition in 2000, are all thought likely to enter the fray.

Although the next licence period does not begin until 2009, the NLC is expected to choose a winner in May 2007.

Camelot's chances could also be undermined if Dianne Thompson, the chief executive, leaves, as is rumoured, to head the organising committee for the 2012 Olympics.

[marine boy] 28/11/2005 08:43

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.

[marine boy] 24/11/2005 11:16

Well, after a short lived burst of enthusiasm, the current spread at 1.4p - 1.75p has certainly killed off the trading.

[marine boy] 22/11/2005 16:40

MM's taking the *iss with the spread as usual but good buying opportunity under 2p.

[goldie40] 22/11/2005 16:25

the gaming corp arrangement is a side deal the big one is the new section 5 gaming act in 2007 allows lottery venders into pubs cafes fish and chip shops etc thats approx possible one hundred thousand more sites against the 5000 at present

[cath57] 22/11/2005 16:11

Would that have anything to do with the price drop,it was today the date was changed

[marine boy] 22/11/2005 15:46

Hadn't spotted that. Bit of a tree shake going on as well.

[hotfinance14] 22/11/2005 15:18

Wonder why....possible agreement ?

[cath57] 22/11/2005 15:10

I see they have moved results from 8th December to the 22/12/05

[marine boy] 22/11/2005 11:14

8th December.