Interactive Gaming Share Discussion Threads

[rkjones] 20/10/2006 16:17

When are the interims due? Last year they were announced 31 August.

Would agree with previous poster. With the strategic infrastructure largely in place, they would make a ready made target for those companies hit hardest by the situation in the States and would fill the void the like of Partygaming are experiencing. They would surely be willing to pay a premium for that and being largely cash rich operations can well afford it!

[egoi] 10/10/2006 09:54

Posted this on another site this morning, summarizing my reasons for buying:


IGH - with a market cap of under 5 million is AIM listed.

And yes, I did hear a rumour that the sector might not be flavour of the month, -:) ..... but IGH is a different beast from the US hit stocks (and although the stock trades near a lowish and half decent looking long term chart support of 5p, it did not fall in the recent sector falluot, precisely because this company has genuinely made a point of NOT trading atall in the US market).

Of course that alone is not a reason to buy.

However just to confirm the point incase anyone is still dubious, from the interims to end May, even before the recent arrests of other CEOs and subsequent legislation:
'The policy of IGH has always been not to accept bets from the USA and
particularly given the recent developments in the USA, we will ensure that our business continues with this approach.'

Following a recent placing at 5p there are around 90 million shares in issue giving a market cap under 5 million.

So why would I be buying into this risky looking loss-maker at the interim stage? it should be said, before they are made, I accept the inevitable comments about unfortunate timing to be buying into the sector, and the fact that the balance sheet, while not actually too bad for a company this size, still needs some strengthening.

Several reasons, though, to consider a small investment imho:

1) John Heaton, former Chief Executive of the Tote, appointed as Chief Executive Officer. That's very high profile indeed for a company this size.
2) A profit, subsequent to results, of around 400k on the World Cup and expectation of being at least ebitda profitable this half.
3) Two agreements; one with Betfair today, to make available instant online access an for customers ability to bet through their own offerings (Premier Direct online and Heathorn shops) or into betfair pools;
The other intriguingly with the Maharajah Club, established (it claims anyway) to be the first to attract South Asian punters, wherever they now live, with a target market of 300 million players.
4) Since the last report establishement of an online casino operation.
5) They say: 'Our investment in operational infrastructure is substantially complete.' That should reduce costs significantly.
6) For anyone suffering in the sector - and there are plenty! - looking for a bolt on this US free company would make an obvious target.

Long, only a few at this stage, at 5.33p.

[rcktmn] 10/10/2006 08:01

Yes ! Looking good !

LONDON (AFX) - UK online gaming firm Interactive Gaming Holdings (IGH) has signed a deal with Betfair, enabling customers to access the sports betting exchange's prices from IGH's website.

Under the terms of the deal, the Betfair exchange will be integrated into IGH's Premier Bet and Heathorns sites, allowing users to place bets in all of the markets Betfair offers.

Betfair is the UK's largest online betting exchange. Exchanges allow punters both to back and lay bets, at odds determined by them and fellow gamblers, rather than traditional bookmakers.

[davethechef] 10/10/2006 07:58

Another week, another bit of good news; the're a busy lot IGH. And no involvement with the US.
Were it not for a dampened market sentiment still, we'd be flying lately.
I hope i'm wrong, and we do fly! We deserve to.

[richtea120] 10/10/2006 07:49

The good news today should give these babies a lift gla

[rcktmn] 03/10/2006 09:30

Already with GMC from a couple of weeks ago when I went in at 7.35p! tempted to get some more at these levels.. apparently these are strongly tipped and predicted to got to 17p-ish (dyor)

[ivor whopper] 03/10/2006 08:18

hey guys check out GMC, hit badly by us gaming laws, but turns out it has no us gaming interests anyway. Looks like a rebound due there.

[rcktmn] 03/10/2006 08:09

Whatever happens.... it can only be good for IGH (imho)

[rkjones] 03/10/2006 08:07

What are the chances of an offer from one of the big companies that now find themselves frozen out of the U.S. They need to refocus their operations and will now provide competition to IGH or may see a takeover as the quick way to establish a platform for their services in Asia.

[rcktmn] 28/9/2006 12:12

Bought in this morning... for better for worse... potential looks too good to ignore, little downside... (imho)

[theshareguru] 22/8/2006 19:17

to dave the chef
totally agree.

[davethechef] 21/8/2006 18:05

Just the offer price changed, during the day; the bid staying the same.
A day of continued( as of last week) greater number of buys than sells.
Not big volume but continued interest bodes well.
Hopefully entering the Autumn months will shall return to former highs.

[theshareguru] 21/8/2006 17:11

marked time today.

[theshareguru] 20/8/2006 22:32

IGH could become the next 10 bagger, in the next few months, new ceo and the
backing of one of the tchenguiz brothers.

[theshareguru] 20/8/2006 22:22

www,britishbulls.com give igh on a weekly rating 5 stars confirmed buy !!!!!!!

[theshareguru] 19/8/2006 13:52

Interim results dont tell the full story, profits in 3rd quarter, expansion expected,
this share could easily double from present price.

[theshareguru] 19/8/2006 10:59

this share is going to 10p very soon, alot of stock is held in a few hands
and as investors have seen it doesn't take alot of buying to take this share
northward, good investing igh holders.

[beddingfibl] 18/8/2006 17:57

Sounds good to me!

[theshareguru] 18/8/2006 17:17

some nice buys today, just marking time, more next week

[theshareguru] 17/8/2006 17:32

nice buy of 1m after sale of 500k, still has further to go, article in telegraph
very good, bullish.

[theshareguru] 17/8/2006 13:17

to rk jones
i dont think there will be a take over, but the asian bias is very interesting.

[rkjones] 17/8/2006 11:15

I see this company with its strongly Asian bias as more of a takeover target for those larger gaming companies who face the prospect of being frozen out of the USA. Where are the acquisition targets?? I have been a holder for some time and see the takeover scenario (at a juicy premium !!) as the likely exit route. Anyone agree?

[english bigblls] 17/8/2006 10:35

Thanks quotes.

[theshareguru] 17/8/2006 08:11

tick up already heading towards 7p