Leisure & Gaming Share Discussion Threads

[ldmachin] 19/9/2010 23:20

In my opinion, here is what plan B should be for LNG shareholders, listen up:

Plan B

Reject the offer, that goes with out saying in my opinion, on moral grounds at the very least.

As a group, major shareholders, should get some decent lawyers and personally sue Creedy and Gabriel C on the grounds of taking a successful business and running the company into the ground quick smart. There has been clear extreme negligence (at the very least) in my opinion.

Don't forget, Gabriel C has got quite a few million from the Betshop sale to LNG, and Creedy isn't short of a few bob either based on the salary he has been syphoning from LNG since his 'appointment'. I'm sure Neil Craven and Colin would be willing to give testimony. If Gabriel C ends up with Betshop in the short term (from administrators), then so be it. But in the long term, as well as any financial rewards received from winning the court case (which could be a few million at least), the courts may order Betshop to be handed back to shareholders and then shareholders will have the funds to keep it going.

Remember this business had a market cap of £12m only in January this year (and we all thought that was 'cheap' too based on the potential of the business going forward). There's a lot a stake here, don't let them get away with it. Get some decent lawyers and get the business back in the hands of the owners.

[bleepy] 19/9/2010 11:29

Completely,but its never over until the fat lady sings.

If there is a plan B,it will need majority support.If that support already exists then any announcement can be timed to maximise its effect.
It would help their cause if they acknowledged a plan B albeit without detail.

[burgerbarwomen] 19/9/2010 08:17

bleepy


it will be too late then... do you understand that?

[bleepy] 19/9/2010 01:35

BBW

Time is running out,better wait to see how the vote goes before pulling a rabbit out of the hat.

[burgerbarwomen] 18/9/2010 18:29

can we please have a Fool update?

on the 11th september, cunningcliff wrote on the fool site....

In the meantime, LNG's major shareholders will meet again next week to iron out a possible 'Plan B' involving an injection of funds into the company in the form of equity or a secured loan.




can we please have an update a.s.a.p.

did the meeting take place this week and what was the outcome?

[burgerbarwomen] 17/9/2010 14:41

nothing like it trendbaby

nta will receive cash next year worth 3 times it's current market cap from The Lancaster's development

and I'm not aware of any posters with 3% holding

but thanks for the opportunity for the plug

[trendfloor] 17/9/2010 14:34

Rather much like the NTA crowd, hey burgers.

[burgerbarwomen] 17/9/2010 14:17

Obviously and without the benefit of hindsight, our mans biggest mistake was taking a notifiable stake.

NEVER DO THIS

Keep it to 2.99%, then you can slip out 100k sells whenever you like, without alerting the market or affecting the sentiment of your fellow foot soldiers.

My bet is he might have taken some profit in the 9p to 12p range had he done this.

The second smaller howler, but almost as daft, completely devoid of logic was that the man kept adding small amounts as and when

why, why, why, why, why?????????????

so 5m ain't enough.... i know i'll buy another 12k today.... what a great idea

this behavour was indicative of an investor who had fallen in love with his share

[conlon2] 17/9/2010 13:37

JAThomas - 17 Mar'10 - 12:21 - 216 of 1110

Yep all the usual derampers spouting their tripe on many boards on ADVFN have done a great job giving us an opportunity to top up here at these levels.

[conlon2] 17/9/2010 13:35

JAThomas - 5 Apr'10 - 21:20 - 358 of 1110

Stinking buy now imho - I'm in for more this week. Nice to see Cliff posting on TMF don't seem to be as many nutters plaguing the boards there!

[conlon2] 17/9/2010 13:34

AND THEN THERE'S GOOD OLD BLEEPY..........

bleepy - 2 Apr'10 - 00:02 - 343 of 1110

AGICOSCOMMESSE) - Rome, 1 April 2010 - Ore 17.13 - POKER ON LINE: THE COLLECTION IN MARCH reaches almost 290 million euros (1)

In the third month of 2010 the Italians focused on the green table virtual 288.2 million euros, since an increase of 10.5% compared to February (months but had only 28 days) but down by 0.1% over January, the month with the same number of days.Compared to March last year, when the collections touched 178.6 million, growth was more than 61%.But it should be borne in mind that in March of 2009 had just begun its work Pokerstars and were still active players such as PartyPoker and Intralot. (Continued)



bleepy - 2 Apr'10 - 00:03 - 344 of 1110

POKER ON LINE: IN THE FIRST QUARTER OF 2010 over 800 MILLION EUROS FOR BUILT (2)
In the first three months of 2010, online poker "in money" has collected nearly 840 million euros against 464 million received in the first quarter of 2009.If it were to maintain this trend, the market could touch the poker end of the year to 3.5 billion euros, a figure expected to increase with the arrival of cash game scheduled for this spring.(Continued)




bleepy - 2 Apr'10 - 00:12 - 345 of 1110

POKER ON LINE: IN MARCH STILL Microgame market leader Compared to January CALI AND INCREASES equally divided among providers (3)

Microgame remains largely market leader also in March, with a collection that has touched the 85 million. Pokerstars also did well, and the network that has as main actors and Digital Game Bwin but to which also belong to other groups, like Betpro and Sportingbet
February data is (seen more game in 3 days in March) obviously in growth for all stakeholders, while compared to January there were different situations. Among these signal from the strong growth rate of PartyPoker, which has certainly benefited from the announcement as a testimonial of Francesco Totti, but it went very well Pokerstars. Questa la raccolta nel dettaglio: This collection in detail:


Operator Collection (*)

March 2010 Change%

March / January Change% March / Feb.

Microgame 84.-1.4 +10.7

Pokerstars 53.8 +8.7 +18.5

Digital Game / Bwin 45.6 -14.8 +4.8

Lottomatica 31.7 -4.2 +9.7

Snai 18.8 -10.0 +2.7

Sisal 14.2 -4.1 +6.0

LSP 11.3 -4.2 +3.7

PartyPoker 7.4 +60.9 +68.2

Eurobet Eurobet 5.9 -4.8 +1.7

Cogetech 3.1 +3.3 +6.9

Betplus 2.0 +33.3 +42.9

Intralot 0.8 +33. +33.3

Betclic 0.7 +75.0 +40.0

Other 8.0

Total 288.2 -0.1 +10.5

Figures in millions of euros
(Continued)


bleepy - 2 Apr'10 - 00:14 - 346 of 1110

POKER ON LINE: PokerStars and PartyPoker gain market share (4)

Regarding market share, Microgame has maintained the same share in March of the previous month.It 'went very well but Pokerstars, which has won more than one percentage point. Significant growth also for PartyPoker.Be noted that almost two-thirds of the market are in the hands of network Microgame and Gaming Digital / Bwin and the largest poker room (Pokerstars).

agicoscommesse - 01/04/2010 - PM

bleepy - 2 Apr'10 - 00:22 - 347 of 1110


(AGICOSINTERNATIONAL) 1st April 2010 - ONLINE GAMBLING: SPORTS BETTING REVENUE INCREASED BY 21.2% FROM A YEAR EARLIER

Sports betting has also reached new levels in revenue over the past two years, turning over € 134 million in February.This record level represents an increase of 21.2% from the € 110.6 million recorded in February 2009.In February 2010 had its third best sports betting absolute performance since 2008, after January 2010 (€ 139.8 million) and November 2008 (€ 135 million).In the first two months of the year, sports betting revenue rose 28.8% to € 273.8 million from € 212.6 million over the same period last year.

agicosinternational - 01/04/2010 gr / im


bleepy - 2 Apr'10 - 00:24 - 348 of 1110


AGICOSINTERNATIONAL) - 1st April 2010 - ONLINE BINGO: BINGO September RECORD REVENUE reaching € 7.6 MILLION WITH JUST TWO OPERATORS. DAILY COLLECTION OF €270.000 DAILY COLLECTION OF € 270,000

Despite fewer collection days, online bingo - available in its real money version in late December - set revenue records in February.The Game - with only two players in games like Operation and Digital Microgame - generated € 7.6 million in revenue, up 21.9% compared to the € 6.2million recorded in January, making it the third most popular form of remote gambling in terms of revenue.The daily collection Increased from € 200,000 in January to € 270,000 in February.

agicosinternational - 01/04/2010

[conlon2] 17/9/2010 13:30

Our Cliff -

Hello all,

In response to enquiries from several Fools

Followers of Leisure & Gaming may be aware that I have not posted about LNG at 'the other place' since the firm released its Q4/09 results on 28 January.

Likewise, LNG was my entry into the Nicky Fraser Trophy for 2010, but I removed my write-up a month ago.

Conspiracy theories abound as to my self-imposed exile!

There is only one reason for my 'radio silence' as regards LNG:

As owner of ~6% of this firm, it is assumed that I carry a lot of influence as regards the company, thanks to my access to its directors and other major shareholders as a 'significant shareholder'.

Given this, I have agreed with Colin Eastaugh (LNG's chairman) and Richard Creed (CEO) not to comment on LNG for the foreseeable future.

However, I look forward to analysing the 2009 preliminary results and Q1/10 trading update due three weeks today (22 April).

I note that LNG's share price has dropped 50% from the September 2009 peak. This is of no concern to me, as I have never sold a single share in LNG and have no plans to do so.

Cliff

[conlon2] 17/9/2010 13:28

JAThomas - 27 Apr'10 - 12:09 - 682 of 1110

Amazing - MMs have drageed it down here on little volume - they've definitely been readign the doomsters on these boards. Great top up opportunity still though so musn't grumble

[hiq] 16/9/2010 23:04

lol saw that various

[stefanos2] 16/9/2010 23:03

Wow, jmaccer.

Pretending you don't know about paragraphs, capital letters, grammar, but then, out of nowhere, you come up trumps with the word 'churlish', lol

My word old chap, that's pretty ripe, eh wot?

[hiq] 16/9/2010 22:00

jmaccer seems to be just as totally useless in his posts as he was in his director decisions?

What a complete incompetent useless moron.

[bleepy] 16/9/2010 21:17

My guess is he's going to Italy.

[bleepy] 16/9/2010 21:12

jcmaccer
14 Sep'10 - 09:32 - 2900 of 2929
a number of shareholders contacted myself yesterday and they are all happy to let this go, take what's on offer and try and be instrumental in gaining something further from the shell, which they believe is the sensible business mans decision and what their accountants and families are advising them to do also.i am now going on my vacation to sunny climes now and will look forward to seeing the final result of all of this on my return in November.


16 Sep'10 - 20:22 - 2927 of 2929
greetings from afar. 'the analyst' i have no direct connections neither do i personally have a financial interest


jcmaccer

Which is it to be,shareholder representative,representing a.n.other or not bothered.

[hiq] 16/9/2010 21:09

jmaccer is Creedy? Or another similarly totally useless LNG director?

[the analyst] 16/9/2010 20:57

Thanks jmaccer,

I sold my shares a long time ago, so can't vote on the matter, but it was 'interesting' to read your contrarian views...

[burgerbarwomen] 16/9/2010 20:32

paragraphs please gc?

[jmaccer] 16/9/2010 20:22

greetings from afar. 'the analyst' i have no direct connections neither do i personally have a financial interest. i have been on this forum for a while now and have only indicated for many weeks if not months that i believed an offer or two would come in for this business whilst others said otherwise. moving on from that i have had an open mind, however it has become apparent to myself that many here have ulterior motives and have lost sight of the objective of any investment - either to make money or to get out with as small a loss as possible. from what i have seen on the forums the major shareholders have quite clearly had some level of involvement with the lng board (a meeting on 6 sept and i assume prior to) but have chosen not to get financially involved, only now do they appear to be willing to try and get some sort of finance package together to rescue this business when they feel time has run out, they have had 4 months - what have they been doing? they seem to have forgotten that the company will go into administration if this deal does not go through and barclays are not willing to extended loan facilities. these facts can't be made up - there is no hidden pot of money - so there is simply no choice, end of story, no amount of ifs and buts are going to change this it seems. for whatever reason this has happened. there is a deal on the table, there is a price and there are additional earn outs. if you don't believe there is value in this business then why would you want to save it? if you do think there is value in this business then the earn outs will be achieved and you will be rewarded accordingly. so which way is it? if you spend more money on this how long will it take you to recuperate existing losses plus more investment? hence why i say take what you can now and hope the business delivers those earn outs. there is no concrete evidence either way as to what will happen - you can only go by history, as you did when you first invested. the alternative is 0 - fact. something is always better than nothing in my book. an investment is an investment - you take a chance. you make them to make money, many people here appear to be willing to throw away money for no other reason than to make themselves think they will feel better. i know a dollar in my pocket is better than no dollar in my pocket. if you think perhaps these major shareholders are your knights in shining armor then leave your vote until the last minute and see if they come up with anything solid. otherwise just move on from this sorry affair. if the deal goes ahead then as shareholders in the company you can group together and rid yourselves of the existing board and use the shell to do with as you feel appropriate, now there a thought, why not get your heads together on that....maybe the papal visit will deliver some divine intervention.

[burgerbarwomen] 16/9/2010 18:53

good post mate