Gan Share Discussion Threads

[someuwin] 21/11/2017 10:32

Just need one good volume day and we'll be back up to previous highs imo...

[molatovkid] 21/11/2017 08:45

GVC could take these out and have a great foothold into the US casino market.....not so easy though as they are tightly held, but everyone has a price.

[rivaldo] 21/11/2017 08:18

Ticking up again this morning and looking rather solid. There could be quite a rise in store if stock is hard to find.

[someuwin] 20/11/2017 09:46

Still bemused by the lack of interest here. Must change soon - surely.

[someuwin] 17/11/2017 11:41

"Liberum sees significant sort-term upside towards target price of 64p"

Personally, I'm looking for £1+. Hopefully some time next year.

[someuwin] 17/11/2017 10:27

Agree with the above posts.

Peeps can't keep ignoring GAN for much longer.

Hopefully the next positive news will be the trigger...

* New casino contract?

* Start of US listing process?

* Latest KPIs?

* Trading update?

* JV?

* Expansion into new country / territory?

They have such a wide variety of products and services that there are many potential routes to new revenue generation.

[noujay] 17/11/2017 10:13

I think it's becoming harder to see it go completely wrong now it's got a good base of earnings. H2 should see that confirmed and improved so along with the regulatory environment opening up I feel good about this one.I also like that they have decent institutions involved (obviously Smurfit snr is helpful here) and are clearly getting busy with presenting the offering.

[noujay] 16/11/2017 17:41

More out from David Cap by the looks. Looking forward to them wrapping it up and going as we head towards the end of H2. The others look firm

[glawsiain] 16/11/2017 15:59

To save others totting up, the above equates to 70.5% of the shares.

[someuwin] 16/11/2017 15:45

Cheers rivaldo.

I couldn't find the list of major shareholders on gan.com website so I asked IR.

They will sort out the website but sent me a PDF of the info from which I have extracted the following.

(Reassuring to see the directors all holding big chunks. And also a fair bit of institutional interest - which is rare for such a small AIM company. Hopefully it won't be such a small company for much longer!)

Directors:

1 Smurfit Michael William Joseph Jr 10.8m (15.51%)
2 Smurfit Dermot Stopford Jr 9.1m (13.01%)
3 Black Andrew Wilson 5.5m (7.82%)
4 Smurfit Anthony Paul James 5.4m (7.71%)
5 Oreilly David Herbert 2.7m (3.94%)


Institutions:

1 Investec Capital & Investments (Ireland) Ltd. 4.7m (6.72%)
2 Artemis Investment Management LLP 3.2m (4.62%)
3 Odey Asset Management LLP 2.8m (4.11%)
4 David Capital Partners LLC 2.3m (3.28%)
5 Ennismore Fund Management Ltd. 1.9m (2.79%)
6 Techinvest Ltd. 0.75m (1.07%)

[rivaldo] 16/11/2017 14:34

Someuwin, this launch was covered in this RNS from September last year:



Originally expected for H1'17, but the launch this quarter is welcome news anyway - the m/cap here is still only £23m:

"This contract is a material long term revenue opportunity for GAN and an exciting opportunity for the Client to expand their land-based US gaming operations into the online channel, overseas.”

[someuwin] 15/11/2017 16:22

Any ideas what this refers to? from the Interim Results...

"-- Executed definitive agreements to launch a real money Overseas Internet Casino for a major US casino operator to launch in Q4 2017"

[noujay] 15/11/2017 15:53

Starting to get busier with this side of things now there's a better story starting to develop and a bigger market opening up

[rivaldo] 15/11/2017 13:37

The CEO is spreading the word in the USA (on December 6th):



"Gameaccount Network : GAN to Present at the 10th Annual LD Micro Main Event
11/14/2017 | 03:03pm CET

LOS ANGELES, CA / ACCESSWIRE / November 14, 2017 / GAN plc (LSE: GAN) ("GAN" or the "Company") a leading B2B supplier of Internet gaming enterprise software-as-a-service solutions to the US land-based casino Industry, today announces that GAN CEO, Dermot Smurfit, will be presenting at the 10th annual LD Micro Main Event on Wednesday, December 6 at 7:30 AM PT / 10:30 AM ET at the Luxe Sunset Boulevard Hotel in Los Angeles, CA.

The LD Micro Main Event is the largest independent conference for small/micro-cap companies and will feature 250 names presenting to an audience of over 1,000 attendees. In addition, there will be a variety of speakers/panelists discussing topics of interest to investors and issuers, along with coordinate evening events.

The Company will webcast the presentation, which can be found here: hxxp://wsw.com/webcast/ldmicro13/gmmnf/."

[rivaldo] 14/11/2017 10:42

Good summary here of Parx Casino's position in the newly deregulated Pennsylvania market - with a big mention for GAN:



"With a knowledgeable team in place, one of the best brands in the Pennsylvania market, and the money to market and advertise, Parx will almost certainly be in the upper tier of Pennsylvania’s online poker/casino providers.

What we know about Parx and online gambling

Platform provider?

Parx launched a GAN-powered social casino in early 2015.

In March 2015, GAN released a statement indicating the multi-year relationship between Parx and GAN extended to real-money online gambling:

“Throughout the multi-year term of the agreement, Parx Casino will rely exclusively on GameAccount Network’s Internet gaming system, deployed on-property in Pennsylvania, for all forms of real money Internet gaming (including poker, for the avoidance of doubt) in the event the State of Pennsylvania enacts legislation to regulate real money Internet gaming.”

"Out-of-state partnerships/relationships

Parx will have a loose relationship with Betfair Casino through its platform provider GAN."

[noujay] 13/11/2017 16:27

Wonder what the after hours will show today, perhaps another chunk out by David. If will be good to clear them out as it's been holding up well in the face of their sales so take those out and we might get some more action

[someuwin] 13/11/2017 12:24

Cheers rivaldo - would be great to get a report back on the event.

[noujay] 13/11/2017 10:29

David CP will be gone soon enough by the looks of it. This should start to attract some new institutional interest soon - next month is the New Jersey sports betting hearing upon which plenty is riding

[rivaldo] 10/11/2017 14:57

Good to see 925,000 shares bought in two lots at 35p today - the price movement suggests we'll see late reported sells, presumably from David Capital doing further top-slicing.

[noujay] 10/11/2017 14:12

Seems like some decent action building here

[someuwin] 10/11/2017 10:54

There's the first tick up.

[noujay] 10/11/2017 09:19

Thanks rivaldo. Interesting re gvc and 888 too

[rivaldo] 10/11/2017 09:07

GAN mentioned as a beneficiary of the Pennsylvania news in this comprehensive blog on the potential outcomes from the rise in online gambling in the USA: