Global Gaming Share Discussion Threads

[the drewster] 23/7/2008 07:56

Where is your "sum of the parts" valuation though?
Things don't just become worth multiple times their current value and cash overnight???

Are there significant tax losses carried forward?
Assets?
Revenue streams?
Cash?

[grappheys] 22/7/2008 15:23

look forward to a solid foundation formed on the information shown thanks fellas.

[vistaboy] 22/7/2008 15:17

Remember where we've come from. For those of us who have been in and out from 12 pence, then we see the potential and all the recent news is nothing but encouraging me to see a return to these levels. I'm not ramping, just being realistic.

[fitehills] 22/7/2008 13:11

Yes agree am in at .25 and believe that it will be an absolute bargin but no ramp only my opion do what you want take your own decisions as I know you do we will just have to wait and see!!

[the drewster] 22/7/2008 13:06

How exactly do you expect a nuclear explosion - it's already happened from 0.1p to 1.5p.
You can't suddenly make 1.5p worth factors more by buying something unless you're getting an absolute bargain, in which case there will be buying competition to push up the price.

[fitehills] 22/7/2008 13:02

Hi Vistaboy

I agree totally with your summerary and believe that we are very close to that nuclear explosion probably with the next RNS which should be immenent not one to be out of at this stage a ten bagger IMHO. As always DYOR i HAVE .

[vistaboy] 22/7/2008 10:50

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.

[grappheys] 20/7/2008 11:52

unlike me.........

[grappheys] 20/7/2008 11:51

I took a massive gamble with this at 1.7 hope it will come good .
I heard the guys on board with this company are quite switched on...

[vistaboy] 20/7/2008 07:15

I'm trying to find out at the minute. I've a few outstanding emails and phone calls that have not been answered. It's gone suspiciously quiet though!

[grappheys] 18/7/2008 13:12

any latest news that you know of vistaboy?

[vistaboy] 07/7/2008 05:58

Somethings up guys. Hold on to your horses - this may be 'our time' :)

[rd1881] 04/7/2008 09:45

up 25% at 1.35p

[andrbea] 04/7/2008 09:39

all buys so far
320k total
up 11%

[safman] 03/7/2008 14:23

1.2mill buy @ premium.. not you is it..

saffy..

[rd1881] 03/7/2008 07:01

hang in there people - think we could see some movement soon. i'm a buyer. its cheap. total punt though

[8trader] 02/7/2008 15:19

Watch out.

Serial pump and dumper 1snake is down to his last £600 and is desperate
to pump and bad stock for a quick buck.

Old usernames include william47, powertrade3, harki, tryinghard2..1smart

[1snake] 02/7/2008 15:16

ab heavy rumours ladbrokes is buying playwize/plw.ladbrokes poker room now has 20% of the mkt.464k@.64 just went in.dyor

[andrbea] 02/7/2008 15:12

we never did get that news on that heavyweight addition to the board
or was that just another idle rumour?

[safman] 02/7/2008 14:50

well, have a holding here.. certainly the right sector to do a deal in.. and correct, a worthy deal would be great.. speculation, i think 1 mill buy pushed up the price...

saffy..

[vistaboy] 02/7/2008 14:44

Some buying activity starting again here. I'm feeling a movement may be about ready to start here. This is quite a good price still and I think any news on the oil front will send us through the roof. Remember, with the recent management changes adding strength to the GGT story and the sense displayed by the team in not pursuing a deal they didn't believe to be worthy, I think it's only a matter of a short period of time before we blow!

vb

[safman] 01/7/2008 15:06

as long as some deal is forthcoming...

saffy..

[vistaboy] 01/7/2008 15:02

Maybe they should look in Iraq - I heard they had oil