Gamingking Share Discussion Threads

[goldie40] 18/1/2006 08:56

ggk will not move until ceo is removed been there to long with no results only has come up to go into printig logos on t shirts and we pay him £120000 for this, its time to get switched on directors experts in gaming to take this co forward

[marine boy] 16/1/2006 15:52

UBT report losses, say they're going to develop internet poker sites which will need funds etc & the price jumps up by 50%. Meanwhile, GGK reports profits & steady growth & the price remains stagnant. However, like Wiganer, I think UBT is a P&D operation & am keeping well clear. Hoping for some development from GGK this quarter.

[wiganer] 16/1/2006 15:02

or a P&D operation. DYOR and all that.

[hashbrown] 16/1/2006 14:55

Guys

UBT (UBET2WIN) appears to be the victim of a newsleak judguiing by its share price movement.

DYOR and all that.

[eggbird] 12/1/2006 08:11

Get into CGX before it flys! AIMHO

[shonny] 06/1/2006 00:38

Big rewards here for those with a bit of patience.This will at least double in 12 months.

[marine boy] 05/1/2006 15:04

GGK issued 24m shares as part payment for KE No1 at 2.25p each. There has been quite a lot of buying recently but the mm's were quick to mark down the bid on the back of a few sales. Keep holding and wait for the news ;-/

[peterdavis] 05/1/2006 11:14

One of B'ham Post's tips of year

[goldie40] 30/12/2005 09:09

marine boy i agree with your coments this co is attractive to a preadator just to get there hands on the 60 million tickets sold each year with the new gaming act section 5 allowing these machines in pubs etc this could spiral up to 500 million. will the new director andrew speake with his contacts at 32 red take this up? ,am informed several firms have gk on there watch list ready to move in.

[marine boy] 29/12/2005 09:12

A happy holly day to all long term holders of GGK.

It seems the mm's have sorted out the volatility issue with this share at last. Higher volumes have been traded recently but we have not seen the enormous & unsubstantiated ramp in price only for it to crash back to earth. It suggests the mm's are holding more stock & that they consider GGK less risky than say a year ago. This is hardly suprising on the back of GGK's latest results which are finally showing signs of real growth and controlled expenditure. It would be nice to see corporate costs reduced but a large chunk of this is AIM listing fees.

With the gaming scene set to change over the next 12 - 24 months we should see smaller players grabbing greater market share & I believe GGK with its increased & tangible club presence is one such company that is well placed to do it.

GGK is in talks with Pub Group operators and successful outcomes of these could well see GGK terminals / lottery outlets in pubs nationwide - this would be an exciting development & I look forward to reading such an RNS.

Consolidation is likely to become an issue as the market heats up & I think there are possibilities that GGK could become a target for a predator that wants the ground it has taken with its recent aquisition of Kelly's Eye. Alternatively, GGK may want to increase its on-line presence. Whatever, I think 2006 will be an interesting year for gaming stocks.

As I post this, current spread is 1.8p - 2.05p.

[english bigblls] 22/12/2005 12:28

MYA looks worth a look as well Marine Boy - also rising today.

[marine boy] 22/12/2005 12:26

Thanks EB. I'll put it on the monitor & do some research but my trading has finished for this year now. CLS only recently posted wider losses but what do I know.

[english bigblls] 22/12/2005 11:44

Take a look at CLS - news just out and rising fast.

[marine boy] 22/12/2005 11:40

GMC has a Mkt cap of about 1.5 x turnover but GGK's current Mkt cap is below 1 x turnover. At 1.5 x t/o, GGK would be valued at £9m or about 3.1p/share. I still think this is very much undervalued and will hold for long term growth & recognition of a stable, sensibly run & now with new blood on board, forward thinking company.

[marine boy] 21/12/2005 16:29

3rd T trade in two days - could someone be stake building ?

[heidigynne] 21/12/2005 12:02

'Understate and Over deliver'.

Always goes down well with the mkt..

rgds.,

H

[heidigynne] 21/12/2005 11:59

AFX Mkt. features, Abstract;

Gamingking 2.00 up 0.13 - Solid half-yearly numbers

[english bigblls] 21/12/2005 11:53

Lots of buys today - results all positive and look very positive for next year, should start to move up soon surely?

[marine boy] 21/12/2005 09:47

This is the Paragon 2 terminal - going into a 'pub' near you !

[marine boy] 21/12/2005 09:38

Once IC get a glimpse of this & publish you know what will happen.

[quraishim] 21/12/2005 09:35

its so boring i cannot believe of such a wet response

[marine boy] 21/12/2005 09:34

At £2.54m turnover for the last 6 months we could expect to achieve year end (April 2006) turnover in excess of £5m - £6m. At 2p the current valuation of £6m is extremely low & I would expect an upward re-rating in the new year.

[ursamajorra] 21/12/2005 09:33

It`s gonna blow.

[marine boy] 21/12/2005 08:21

The news I posted was cut & pasted from GGK's website. Under the title of "Chairman's Statement", which appeared yesterday morning, I did think it a little strange that the UKREG interim results didn't appear at the same time. However I'm not suprised it was published before the 22nd Dec as appears on their corporate calendar as these dates are never written in stone.

Reading through the Chairmans statement & results it would appear it is "steady as she goes". Cash rich with recent aquisitions bearing fruit & with latest initiatives adding to the future bottom line, the 71% growth is very positive & continues to strengthen the companys position whilst not underestimating the existing & new competition that will emerge with the new gambling act.

[grahamcm] 21/12/2005 07:41

How come Marine Boy printed the news at 10:21 on the 20th, when it says 7am on the 21st on the news list? Surely such positive interims will see buying today?