Gan Share Discussion Threads

[thefartingcommie] 16/7/2018 17:10

Around 140 pence as an offer for cash or 160 for paper. We won’t get the massive increase here because they won’t stay independent indefinitely but that’s still a great return.

barnetpeter......interesting assertion ...do you have some reasoning for this~?

sp in 2014...as Gameaccount Network was 180p...so present value of £1(Parrys) at a very low level of interest...gets you to a value well in excess of your figure...not that this is necessarily definitive...merely indicative.

[noujay] 16/7/2018 16:56

I agree this will get taken out. Can't speculate on a price though and let's not forget the founders are exactly scratching about for a few million here and there. If they see the journey as just started then it could go plenty higher.Dermot Smurfit is a young guy and ambitious so I'm not so sure he can't build this well in excess of £120m.A dual US listing as a gaming tech stock is not an unattractive proposition.Surely some fresh analysis from the brokers shortly as well here.GLA

[lukic] 16/7/2018 16:49

Just feel this will snowball now. Price will rise every RNS. Happy days :-)

[ny boy] 16/7/2018 16:47

No it would be difficult, watch the buying tomorrow, after the news is digested overnight. Exciting times ahead.

[barnetpeter] 16/7/2018 16:46

One of my biggest holdings and been buying plenty in the last month. All these new online casinos are going to be gan driven. I reckon a takeover is coming here...party poker or William hill or some one that needs a new revenue. The 2 pound limit on U.K. machines must mean the big boys are looking at alternatives and this is perfect. Around 140 pence as an offer for cash or 160 for paper. We won’t get the massive increase here because they won’t stay independent indefinitely but that’s still a great return.

[igoe104] 16/7/2018 16:45

Next RNS will Pearl river Mississippi.


After inking a deal in January to furnish the coming Ocean Resort Casino in New Jersey with its innovations and British online gaming software supplier GameAccount Network has now announced the signing of a similar agreement with the Mississippi Band of Choctaw Indians.
London-based GameAccount Network stated that the federally-recognized central Mississippi tribe intends to launch a simulated gaming service for its Pearl River Resort during the second half of the year and will now do so utilizing its software that allows land-based patrons to link their reward cards to an online account.
“We are enormously privileged to bring one of America’s largest and most vibrant Native American casino resort properties online with our simulated gaming solution,” read a Monday statement from Dermot Smurfit, Chief Executive Officer for GameAccount Network. “Pearl River Resort is the largest casino resort in the Mississippi gaming region and we anticipate its audience of patrons will engage heavily with simulated gaming.”
GameAccount Network described Pearl River Resort as a ‘major gaming destination for residents of Mississippi and Alabama’ that features over 1,000 hotel rooms alongside a casino with in excess of 2,400 slots and 69 gaming tables. It proclaimed that the Neshoba County facility also offers a 14-table elevated poker lounge as well as a bingo room with seating for as many as 306 players.
The British firm declared that the Mississippi Band of Choctaw Indians has now become the fourteenth American casino operator and fifth tribal concern to license its simulated gaming innovation, which allows players to automatically receive reward points for enjoying a range of online activities. GameAccount Network detailed that this innovation was launched for United States-based clients in 2014 and can moreover be utilized for real-money on-site mobile gaming.
“We selected GameAccount Network for its proven success in helping casino properties to offer online gaming and for its capability to embed our on-property rewards program into an online experience,” read a statement from William Johnson, Interim Chief Executive Officer and President for the Pearl River Resort. “Equipped with GameAccount Network’s simulated gaming, Pearl River Resort will now introduce our casino properties online to a wider audience of casino enthusiasts located in adjacent regional markets.”

[noujay] 16/7/2018 16:30

Indeed couldn't pick up a share at the end

[ny boy] 16/7/2018 16:29

RNS Late in the day but you wouldn’t want to be short here!

[igoe104] 16/7/2018 16:18

Hold onto your pants Ladies and gents.

[ltinvestor] 16/7/2018 16:17

Yes, another excellent announcement...,,

[noujay] 16/7/2018 16:16

Well that's good eh!

[douglas fir] 16/7/2018 16:12

[...]

RNS
RNS Number : 7941U
GAN PLC
16 July 2018






LONDON STOCK EXCHANGE (LSE): GAN | IRISH STOCK EXCHANGE (ISE): GAME



GAN to launch Parx Casino Internet Gaming in Pennsylvania

Pennsylvania's market leading casino files $10m application in preparation for iGaming launch utilizing GAN's US-patented technology

[noujay] 16/7/2018 15:52

Me neither I can only get the gist but he's not sold the shares just redistributed them to the Smurfit clan

[alan@bj] 16/7/2018 15:50

Noujay - I can't view that article without registering, which I'd rather not do.Is it possible to copy it and post it on the bulletin board?

[noujay] 16/7/2018 15:35

Just saw this, can only read the first bit but looks to be that the whole clan have been given a taste. Which I take as very positive.https://www.businesspost.ie/business/smurfit-family-swaps-shares-gambling-company-gan-421187

[noujay] 16/7/2018 13:55

Well assuming that the brokers have a good understanding of the company's pre-Paspa position and targeted 79p in their last note (when the US decision was uncertain so they specifically did not include any assumptions about the effect of it on GAN), then it's no big step to see post Paspa potential as very significantly higher. Will be interesting to see their next commentary on the company and imo no reason at all why it would not continue to press on from here towards that original target price.

[ny boy] 16/7/2018 13:44

Probability of a take out of the recent high is building.

[bookbroker] 16/7/2018 13:02

Is that ur missus’ bra cup, what are you talking about, that is if u know yourself!

[noujay] 16/7/2018 11:33

I'll buy dips but likewise I don't want to be trading as the liquidity just isn't there to make reasoned calls.

[cumnor] 16/7/2018 10:55

Totally agree with you Noujay-anyone think of trading this is a mug-mms can wipe off 10p between buy and sell in an instant on no volume because it is highly iliquid. If you believe in the story and tech this will multibag ten fold or more over time so looking at a few pence risks loosing out real returns and risking instant losses if you trade as the mms will cream you. I bought in in the low twenties but decided to buy 36-7p on day of SCOTUS despite my (painfully learned) policy of not adding to small caps once I've decided on my initial investment as they are very risky whatever the RNS might say. I believe the gambling ruling in the US, however, to be very significant in the context of GAN's position and now just hope their tech and model lives up to expectations. imo

[noujay] 16/7/2018 10:20

I had a buy order in myself at 52p, feels silly now not to just have taken it but then again I expect twice that price in due course so current price is hardly toppy in context of where it can go and there seems to be appetite for it.Very much looking forward to the next update from the company