Global Market Share Discussion Threads

[crossfingers] 30/10/2006 18:51

Smile sharedeal were selling at close @6.36/smaller deals @ 6.45 and that big deal was purchased @ 6.75p. So albeit just for today the share price did slightly rise in someway.
As for yesterdays blip on the Alexa ranking graphs order appears to have been restored with a 28k ranking re established albeit usually 22k.
Let's see what Tuesday brings..oh for a 1/2p rise at least.

[bengo] 30/10/2006 18:45

Thank's for that quotes :)

[quotes_4_u] 30/10/2006 18:04

Nice 750k protected buy at the close.

One mm did try and force it down Bengo but quickly retreated to 6.75p
offer, spread over 7 mm's they managed to keep the price unchanged but
if this support continues then they will have to raise the bid to get
stock, good sign that there's still a large buyer around after already
a good rise from 5p.

[bengo] 30/10/2006 16:59

4 nearly 5 times more buys than sells and the share price doesn't budge, it can only be GMC.

Oooops I'm begining to sound like you Jack!

[moneymaker6] 30/10/2006 16:48

the analyst, i would like to be wrong but the £10m valuation would appear to be for the entire sale. Still v good and may be exceeded if (as suggested) there are numerous interested parties.
YOUROCK, i will consult my teapot tonite. TBH, i've not a clue, but i've been adding at these levels now that the major part of the risk is to be removed and with a good pot of money i'm expecting some good deals to come through.

[yourock] 30/10/2006 16:22

moneymaker yea sounds really cool when do you think that they will mark up the price? hopefully not before next monday as im gonn fill my boots with gmc

[the analyst] 30/10/2006 14:01

moneymaker, the way I read the article made it sound like they valued the mobile business at £10m. It was an ambiguous statement though. I'd be really pleased with £10m for the entire sale - as you say it would value the remaining business at basically nothing. The business that is being retained should be worth over £15-20m on its own imo.

[quotes_4_u] 30/10/2006 13:37

Offer down but still 6.29p bid for 250k v 6.43p offer for 250k so
mm's still keen to pay quite a premium to monitor bid for stock.

[moneymaker6] 30/10/2006 13:20

Gents, I'm having difficulty with my sums. I don't see them selling south of the independant valuation of £10m (and it could be more). Added to existing y/e cash takes us to £15m valuing the remaining businesses going fwd at a mere £3m. This now looks seriously under-valued imo.

[tkon] 30/10/2006 12:13

When will the update to the traffic ranking for October come out?

[the analyst] 30/10/2006 12:01

Cheers for the links posted, was looking at this quote in a bit more detail:

""Casino.co.uk has a lot of potential in itself, but we are also selling our mobile gaming business, for which we have contracts with, amongst others, Vodafone and Orange. We already have over 11 000 customers. We have had [these interests] independently valued at GBP10 million, and there have been some discussions with potential buyers. GBP10 million is from a very conservative growth forecast.""

There are a few points here. Firstly is that at the AGM last March I think they stated they had over 10,000 customers for the mobile business. It may be though, that they said they had 10,000 registrations. What is the difference between registration and customer I wonder? If 'customer' means a real money player then the company has done extremely well since the AGM. At the time of the AGM, the broker note mentioned that the 10,000 sign-ups had given rise to 1,500 real money players. So if that is now 10,000 real-money players we have seena drammatic increase recently.

Secondly, they state that "we have contracts with, amongst others, Vodafone and Orange" - who are the 'others' I wonder? Are they too small to be announced or are they newly signed?

Finally, the valuation of £10m for the mobile gaming operation is interesting. Can we take that seriously? Are the 'independant valuers' giving an honest opinion or are they spinning the story to get better offers in?

If the valuation of £10m for the mobile division is fair then we could expect to see £15m or more for the entire casino.co.uk brand. On top of that £10m we could see and extra £2-4m for the casino.co.uk domain name and website, maybe £1-2m for the casino white labels and customers, and maybe £2-4m for the poker white label and customers.

Just from what I've read so far, the entire sale could generate between £5m and £20m! Even the low end, £5m, would see them with a cash pile of £10m to expand their marketing division.

[quotes_4_u] 30/10/2006 11:18

Can get well inside spread both ways.

6.27-6.56p online for 250k each...7 v 7 on L2.

[red dog] 30/10/2006 10:59

This share will as I said last week, hit 7.5por better. By the way GUYS, I also love United Carpet Group(UCG)and hold over 800,000 shares. Worth a punt even at todays price for a 2 month profit of at least 25%

[sabretooth] 30/10/2006 09:10

Ladbrokes looking for online gaming acquisitions - report

LONDON (AFX) - Bookmaker Ladbrokes PLC is looking for acquisitions in the
troubled online gaming industry, the Sunday Telegraph reported.
The newspaper quoted a spokesman for Ladbrokes as saying: "It would be
unusual if we were not to look at opportunities in the sector. We are monitoring
the situation."
UK Sunday newspapers yesterday reported that two of the online gaming
sector's biggest players, PartyGaming PLC and 888 Holdings PLC, had held talks
about a potential 1.6 bln stg merger.
The companies and others in the sector have seen their share prices drop in
the wake of the US government's decision to restrict online gambling.
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[paulo2] 30/10/2006 09:08

Anyone like to take a guess on when we'll hear about the deal? The analyst, you could stick peolple's guess in the header like we did with the share price earlier this year, if it's not too much trouble. Just something to pass the time while we wait.

I'll go for Wednesday, November 8th.

[crossfingers] 30/10/2006 08:45

That's fine but Alexa figures remain worrying as the ranking has just dropped like a stone which to meis a bit concerning that was all. As for ramping well I cannot have any influence because like some of you I need the price to get back up to May'06 levels to be profitable. And like some of you again I cant sell asmy holding is big and I do not want to miss out on any sudden share price rise which is unlikely, but it would sum up my investing year!!
Thanks for the replies, but need to monitor the ranking situation as the Board did say gambling.com was unpredictable.

[malcolme2] 30/10/2006 08:02

and if I type gambling into google gambling.com comes up number one on the natural search list.

[malcolme2] 30/10/2006 08:01

If you type in online gambling (which is more relevant) gambling.com comes up number three in the natural search selection. What is wrong with that?

[jackthetrader] 30/10/2006 03:47

Crossfingers, gambling.com is probably falling in the ratings because it's now getting hard to find it in search. On a search of 'gambling'on both Yahoo! and MSN gambling.com has fallen out of site. It can only now be found on Google. As you know this is something which I've been warning for about for a year will happen unless GMC took an interest in optimising it.

[paulo2] 29/10/2006 20:59

Well, there's your first mistake, crossfingers, as this ain't a gaming company. Would not be surprised in the slightest if you were hoping for a drop in the SP, if you know what I mean!

[ranjeev shair] 29/10/2006 20:32

Have a look at ERX in the morning as it appears that there is a buyout in the offing!

DYOR of course...

Ranjeev

[crossfingers] 29/10/2006 20:31

A tad concerning but the Alexa.com rank graph has revealed Gambling.com falling out of the top 100k which has not happened since Feb this year. Why? when it should be in overdrive during the w/end???
This week will prove interesting: will the bullish TU continue its momentum or will we see a gradual drip drip erosion again. This news of the giants in on line gambling merging is not that favourable for GMC as far as I can see, and now GMC is at a crossroads in its business life. All routes look very precarious. I invested in this co. as it was a UK based gaming co. with opportunities to expand and/or be taken over, and it was reasonably US safe but now it's a media spin off hybrid with an unsure future hiving off a massive slice of its original growth prospects... well lets see what the share mags say next Thursday. Pity no w/end comment in the papers which would have bolstered a 7.5p+ price for sure.

[red dog] 29/10/2006 13:37

SUNDAY TELEGRAPH 29th OCTOBER By Louisa Gault Last Updated: 12:12am

PartyGaming and 888 Holdings in £1.6bn talks

PartyGaming and 888 Holdings are trying to salvage their shattered business models by merging into a new internet gaming company worth in the region of £1.6bn.

Directors of the two companies have held preliminary merger talks in recent weeks, according to two sources close to the companies. Shares in the much-hyped industry collapsed this month after the surprise introduction of laws restricting online gaming in the US.

Executives across the sector have been looking at a range of measures to shore up their finances and find a new pool of players to replace those lost. Half of 888 Holdings' revenue came from America, while Party-Gaming relied on the US for 75 per cent of its revenue.

Mitch Garber, the chief executive of PartyGaming, is on holiday in Israel, but further talks are expected when he returns in a week's time.

The development is something that "most gaming companies are looking at right now", said one industry executive. "It seems all gaming companies are talking to each other about all sorts of possibilities."

It is believed that PartyGaming would benefit most from a tie-up with 888, as the latter's casino websites are seen as more resilient and its poker sites are less dependent on large numbers of players, according to analysts.

Since the ban on American online gaming was announced a month ago, PartyGaming's shares have fallen by over 70 per cent, while shares in 888 Holdings fell by 24 per cent.

SO 7.5P LOOKS A CERTANTY. STRONG BUY FOR NEXT WEEK. We shall see.

[Abuse team] 29/10/2006 13:18

Post removed by ADVFN

[red dog] 29/10/2006 13:17

We will see a share price of 7.5p plus next week. We shall see.