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Share Name | Share Symbol | Market | Stock Type |
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Global Gaming | GGT | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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1.85 | 1.85 |
Top Posts |
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Posted at 14/8/2008 16:10 by safman have taken a brief glance at canisp .. it looks very similar to ggt..current buisness VoIP.. its a small buisness, shareholding wise it looks like corvus hold around 27-29%.. uncannily similar to GGT, however, it looks like corvus are converting stock @ 1p in CN. (todays price of 0.5p), unlike the ord of GGT..will take a further look tomorrow.. good luck.. saffy.. |
Posted at 14/8/2008 15:40 by 2magpies spI see your point re Nigeria not wishing to be 'conned' as you say. From the various RNSs one can surmise that the reason for GGT engaging certain Nigerian individuals is their connections -- one of the new directors is just 23! From what I can see, they are Nigerians. Perhaps the 'connections'/famili Perhaps we can have some confidence in Corvus in so far as they wouldn't have engaged individuals for their 'connections' without first establishing that these connection were indeed bona fide? Rewards for all concerned could be massive. But not without risk of course. IMO |
Posted at 01/8/2008 08:08 by spurberry nick,why would a major take on a unkown like ggt? The major could found the whole thing by themseleves and hence keep all rewards too. I think it will be very hard for ggt, has anyone got any good sources or contacts with updates? |
Posted at 30/7/2008 10:14 by spurberry grap,fair enough, nigeria is very popular with big oil companies that have alot more contacts in the business than ggt. If GGT do get a block in Nigeria then surely 5p is cheap and very conservative. If they dont then they will keep dropping. After all it is a good punt if it pays of the share price could be 10x todays value by year end imho. But if it doesnt as they are new to this then back to lower levels of the past. I dont know too much about GGT's cash position. do they have alot? |
Posted at 23/7/2008 14:08 by vistaboy If you read the news from the last 6 months, and look at the profit stabilization and new appointments on the board, you'll see the the gaming element of GGT is largely irrelevant. They are pursuing energy opportunities, and in today's climate, energy spells $$$$$. They are a sharp bunch and run a sharp outfit, and will undoubtedly become something other than GGT when they hit the inevitable home run. Remember, they are a cash company and investment is their gate. Gaming was a great market a while back, oil is now. |
Posted at 23/7/2008 13:29 by vistaboy Global Gaming in pacts for oil, gas interests in Nigeria; announces placings (Global Gaming Tech)MUMBAI (Thomson Financial) - Global Gaming Technologies Plc. (GGT) said it has entered into a conditional services agreements with Sirius Oil & Gas Ltd. and Taglient Oil Nigeria Ltd. to help GGT acquire interests in Nigerian oil and gas fields. GGT also said it is proposing to raise 45,000 pounds to fund working capital by allotting 18 million shares to its directors. It also plans to raise between 500,000 pounds and 2 million pounds before Dec. 31, 2010, to pay for due diligence on potential acquisition targets. Sirius and Taglient will help GGT establish a Nigerian company, to be named Sirius Taglient Petro Ltd., which is necessary for the grant of permits and licences to carry out business locally. Sirius, who holds 50 percent of the new company shares, 49 percent-holder Taglient and 1 percent-holder Agboola -- who is proposed as GGT's non-executive chairman -- will transfer their holdings to GGT for not more than a total 10 pounds. GGT, which has had no trading business since April 2007 when it stopped developing gaming software, is considering opportunities in the the oil & gas sector. "Whilst discussions have been encouraging, the company is at a very early stage in its consideration of potential targets. No deal has yet been identified and there can be no certainty that a transaction will be concluded," it said. GGT also intends to change its name to Sirius Petroleum Plc. TFN.newsdesk@thomson ndi/jro/rw |
Posted at 23/7/2008 12:58 by vistaboy Nice coverage getting into the media today:Global Gaming in pacts for oil, gas interests in Nigeria; announces placings MUMBAI (Thomson Financial) - Global Gaming Technologies Plc. (GGT) said it has entered into a conditional services agreements with Sirius Oil & Gas Ltd. and Taglient Oil Nigeria Ltd. to help GGT acquire interests in Nigerian oil and gas fields. GGT also said it is proposing to raise 45,000 pounds to fund working capital by allotting 18 million shares to its directors. It also plans to raise between 500,000 pounds and 2 million pounds before Dec. 31, 2010, to pay for due diligence on potential acquisition targets. Sirius and Taglient will help GGT establish a Nigerian company, to be named Sirius Taglient Petro Ltd., which is necessary for the grant of permits and licences to carry out business locally. Sirius, who holds 50 percent of the new company shares, 49 percent-holder Taglient and 1 percent-holder Agboola -- who is proposed as GGT's non-executive chairman -- will transfer their holdings to GGT for not more than a total 10 pounds. GGT, which has had no trading business since April 2007 when it stopped developing gaming software, is considering opportunities in the the oil & gas sector. 'Whilst discussions have been encouraging, the company is at a very early stage in its consideration of potential targets. No deal has yet been identified and there can be no certainty that a transaction will be concluded,' it said. GGT also intends to change its name to Sirius Petroleum Plc. TFN.newsdesk@thomson 23 July 2008 |
Posted at 22/7/2008 10:50 by vistaboy This is just a matter of time. This is a company with a vision now. Just look at the progress in the last few months. Corvus increased shareholding. Placing raised loads of new capital. New board appointments with excellent track records. Shift of focus to the most affluent sector in the markets today - oil and energy. And to top it all, great results. This is one of those shares that will explode with nuclear ferocity when it goes and I'd hate not to be involved. Just a recap of the highlights for those that don't know: Board Changes The Board of GGT (AIM: GGT) announces that Ron Trenter has retired as Non-Executive Director and Chairman of the Company to be replaced by Michael Brian Victor Cudworth Hirschfield, BSc(Econ) FCA, who joins the board as Non-Executive Director whilst the Company continues to look for a suitable acquisition or acquisitions in the natural resources and mining sector, a change in strategy of the Company which was announced on 31 January 2008 and was detailed in the subsequent report and accounts which were sent to shareholders. Michael Hirschfield (aged 44) qualified as a chartered accountant with Peat Marwick in 1988 and has held senior management and board positions with a number of public and private companies. He is a director of Kitwell Consultants Limited which is Company Secretary to the Company. He is also a director of Corvus Capital Inc, Canisp plc, Roeford Properties plc, Roeford Real Estate Limited and Assael Rankin Properties Limited. In the last 5 years he has also held directorships in the following companies: BD Nominees Limited, Corone Limited, Kitwell Management Limited and WA Resources (UK) Limited. No further disclosures are required under Schedule Two paragraph (g) of the AIM Rules. The Board would like to take this opportunity to thank Ron Trenter and wish him well for the future. Global Gaming H1 pretax loss narrows to 12,000 pounds vs 433,000 pounds (Global Gaming Tech) LONDON (Thomson Financial) - Global Gaming Technologies Plc. posted a narrower first-half pretax loss and said it has begun seeking opportunities in the natural resources and mining sector while keeping tight control over costs and cash flow. For the six-months to Jan. 31, 2008, the cash shell reported a pretax loss of 12,000 pounds compared with a loss of 433,000 pounds a year earlier. No revenues were reported while administrative costs fell to 13,000 pounds from 434,000 pounds. Board Changes The Board of GGT (AIM: GGT) announces that Ron Trenter has retired as Non-Executive Director and Chairman of the Company to be replaced by Michael Brian Victor Cudworth Hirschfield, BSc(Econ) FCA, who joins the board as Non-Executive Director whilst the Company continues to look for a suitable acquisition or acquisitions in the natural resources and mining sector, a change in strategy of the Company which was announced on 31 January 2008 and was detailed in the subsequent report and accounts which were sent to shareholders. Michael Hirschfield (aged 44) qualified as a chartered accountant with Peat Marwick in 1988 and has held senior management and board positions with a number of public and private companies. He is a director of Kitwell Consultants Limited which is Company Secretary to the Company. He is also a director of Corvus Capital Inc, Canisp plc, Roeford Properties plc, Roeford Real Estate Limited and Assael Rankin Properties Limited. In the last 5 years he has also held directorships in the following companies: BD Nominees Limited, Corone Limited, Kitwell Management Limited and WA Resources (UK) Limited. No further disclosures are required under Schedule Two paragraph (g) of the AIM Rules. The Board would like to take this opportunity to thank Ron Trenter and wish him well for the future. Global Gaming confirms talks in oil and gas sector, announces placing UPDATE (Updates to recast with new statement from company) LONDON (Thomson Financial) - Global Gaming Technologies Plc. confirmed talks with parties in the oil and gas sector and announced plans to raise 250,000 pounds via a placing of 25 million shares at 1 pence per share to fund further investigation into current opportunities. The company, which earlier requested trading in its shares be suspended on AIM, described the discussions as "encouraging", but said no deal has yet been concluded. Additionally, it said it has converted a loan facility and additional funding loans of 198,750 pounds provided by shareholder Corvus Capital Inc. in 2007/8 to meet its day-to-day working capital requirements. Following the placing and loan conversion, Corvus' holding in Global Gaming will increase to 28.02 pct. Shares in the cash shell company jumped 49 percent earlier today after the Daily Express reported that heavy trading on Tuesday had fuelled speculation that an oil producer deal is in the pipeline. The company said in its interim results statement in April that it had commenced the process of seeking opportunities in the natural resources and mining sector, after highlighting in January that it would suspend trading in its shares should it fail to make an acquisition. |
Posted at 13/6/2008 14:03 by safman Restoration & Update (Global Gaming Tech)RNS Number : 6995W Global Gaming Technologies PLC 13 June 2008 Global Gaming Technologies plc ("the Company" or "GGT") Restoration and Update Further to the announcement made by the Company on 11 June 2008, GGT (AIM:GGT) and as previously announced to the market, GGT confirms that it is considering a number of opportunities in the oil and gas sector. Whilst one of the opportunities the Company has reviewed is an oil producing asset based in the United States, the Company confirms that it is no longer a primary target of GGT and that discussions with the potential target, which never advanced beyond a preliminary stage, have now ceased (although it remains on a list of potential targets for future consideration). As a result, trading in the Company's shares will now be restored and GGT is focussing on other opportunities considered to be more attractive. As stated in previous announcements, whilst discussions with parties in the oil and gas sector have been encouraging, the Company is at a very early stage in its consideration of potential targets, no deal has yet been concluded and there can be no certainty that a transaction will be concluded with any of the potential targets currently under review. Enquiries: Nominated advisor and broker: Neil Johnson/Andrew Chubb, Canaccord Adams Limited tel: +44 (0) 207 050 6500 John Bick, Hansard Group tel: +44 (0)7917 649362 This information is provided by RNS The company news service from the London Stock Exchange saffy.. |
Posted at 28/3/2008 13:44 by fenseal3 Global Gaming tch - Directorate ChangeRNS Number:0239R Global Gaming Technologies PLC 28 March 2008 28 March 2008 Global Gaming Technologies plc ('GGT' or 'the Company') Board Changes The Board of GGT (AIM: GGT) announces that Ron Trenter has retired as Non-Executive Director and Chairman of the Company to be replaced by Michael Brian Victor Cudworth Hirschfield, BSc(Econ) FCA, who joins the board as Non-Executive Director whilst the Company continues to look for a suitable acquisition or acquisitions in the natural resources and mining sector, a change in strategy of the Company which was announced on 31 January 2008 and was detailed in the subsequent report and accounts which were sent to shareholders. Michael Hirschfield (aged 44) qualified as a chartered accountant with Peat Marwick in 1988 and has held senior management and board positions with a number of public and private companies. He is a director of Kitwell Consultants Limited which is Company Secretary to the Company. He is also a director of Corvus Capital Inc, Canisp plc, Roeford Properties plc, Roeford Real Estate Limited and Assael Rankin Properties Limited. In the last 5 years he has also held directorships in the following companies: BD Nominees Limited, Corone Limited, Kitwell Management Limited and WA Resources (UK) Limited. No further disclosures are required under Schedule Two paragraph (g) of the AIM Rules. The Board would like to take this opportunity to thank Ron Trenter and wish him well for the future. -ends- Enquiries: GGT John Bick tel: +44 (0) 7917 649362 Canaccord Adams This could be the link between Corvus and GGT we have been waiting for...someone who can push on with things,and report back to corvus at the same time. |
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