Share Name Share Symbol Market Type Share ISIN Share Description
Nektan LSE:NKTN London Ordinary Share GI000A12CYF8 ORD 1P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 26.50p 25.00p 28.00p 26.50p 26.50p 26.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 5.8 -10.5 -44.8 - 9.55

Nektan Share Discussion Threads

Showing 176 to 200 of 200 messages
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DateSubjectAuthorDiscuss
16/8/2017
09:23
rich, I think it will be cash generative this financial year (to June 2018)...on back of the envelope calculations that could be before Xmas. Growth of NGR at c.14% per quarter (extrapolating from last results and statements), costs (finally) kept in line, variable costs not much, looks like could make a profit this financial year. The caveat being new Govt betting taxes. Need the broker's forecast but I suspect these will be cautious given the mistakes of the past. Taking income from the US mobile operations is big news....hope it might lead to more contracts.
errollc
14/8/2017
10:04
Well... My stop loss was triggered at 20. Bought at 30. For some naive reason, I didn't expect it to drop that much and then have a bounce back. Thought It might drop to 25 but as a base and then climb higher. Oh well. Will keep an eye on this one, interested to know what will happen.
richard4796
11/8/2017
13:30
Yes that is commitment, unlike Nissim who bleeds cash out of the company and clears off leaving the mess behind. When do you think the business will be cash generative?
rich1980p
11/8/2017
08:15
I suspect more capital is available from investors. But it won't be taken at this price..maybe at higher levels?? Plus the quantum required is not large. With the US business working, this might encourage new investors...from the US. I hear the launch in the US is attracting a lot of attention in the sector. Gary Shaw didn't sell his family home, but one he had abroad. Shows commitment!!
errollc
10/8/2017
18:44
Fundamental problem is that the business still needs more cash, probably v soon. Understand directors pumping cash in which is great but there's always a limit. I see ij the detail to the last raise G Shaw is selling an asset (house?) to invest. This would imply he at least is nearing the end of funds for investment
rich1980p
10/8/2017
07:40
Good news from Nektan. The 100% subsidiary in the US (Respin), has a license to take bets from a mobile....the bets are all taken in venue (within the casino area...by the pool, in restaurant, waiting for a concert?). The first customer is a large casino group as previously announced. Gambling from mobiles is theoretically illegal in the US, so to be able to take bets in venue is the first stage of opening up gambling in the US....IMHO. Nektan is a tiny company, no-one cares about....but investors should start to take notice now. The US venture works and this RNS is proof to the doubters (of which there are many1).
errollc
04/8/2017
09:06
The value of having a mobile gambling license operating in the US has been overlooked by the market....quite understandably given this has been a train crash. The value of 14% quarterly growth has also been overlooked by the market...I suspect Nektan will be facilitating bets of c.£800m this year....not bad! No-one believes the company will be break-even during the next financial year...but my back of the envelope calculations suggest it might. No-one know or cares about these shares....but they will IMHO.
errollc
04/8/2017
08:49
I'm hearing good things from a couple of decent sources. I have bought a few inside the offer and will hold for £1 or £0.... ;)
rew8080
27/7/2017
12:05
It's been up for the last few days. There is a seller about at these levels as there was a small sale today. C. 50,000 shares about. Once cleared it should go higher. Hope so. This isn't well liked or followed so small sales and purchases change the so easily. Having Said that this won't move until the 50,000 is cleared. A bit of a cluttered balance sheet with £10m of loans, so this is messy. One for a punt currently but the numbers are heading in the right direction. Not forgetting this is one of only a handful of companies with a mobile gaming license in the US....that's where the big upside comes from. Already working with a big casino group in Vegas.
errollc
26/7/2017
15:26
dropped today. Any reason why?
richard4796
24/7/2017
15:44
I agree with my last post. This will wake up in next month or so. I should stop talking to myself!!
errollc
18/7/2017
08:41
This will wake up soon. When it does, there's very little stock around and it will rise very quickly. It has the support of Wealthy Directors (who have made sure it doesn't go bust) and will start to demonstrate its abilities. Tuck some away.
errollc
17/7/2017
16:21
Daily mail "Mobile phone gambling game developer Nektan shot up after taking on £2.5m worth of debt to help to bring it into profit." I'm really interested in this company but I'm very new to stocks and shares. Looking at the charts it seems like a gradual decline, but reading the reports and the potential it seems like it's worth a punt. What are the things worrying those of you who have / or are thinking of investing in this company? Why has it dropped so substantially over the last year? It has had good revenue etc and interest is climbing. I'm expecting shares to rise but with being so new maybe I'm missing something here? It must have dropped for a reason? (I have the reads the whole thread on here and looked at reports etc)
richard4796
11/7/2017
08:41
Nice buys at the moment 100p coming
letmepass
06/7/2017
08:32
Nice write up in Daily Mail : Mobile phone gambling game developer Nektan shot up after taking on £2.5m worth of debt to help to bring it into profit. Due to continued heavy investments in its UK and US businesses the firm said it needs further long-term funding to keep cash on its book. Nektan will also buy out its marketing department from a joint venture partner for £500,000. It believes this will give it greater control over its players and marketing. In an update for the fourth quarter, the company has also revealed that its gaming revenues had risen 110 per cent year-on-year – to £4.2m from £2m. Performance was driven by an extension of Nektan’s gaming licence across Europe and new casino clients in the US. Shares rose 17.1 per cent, or 3p, to 20.5p.
zico01
05/7/2017
10:08
There are positives, NMS sorted (expensive), Nissim gone and trading strong we should be able to recover the NMS cost from Nissims guaranteed bonus. But its much more dilutive than a rights issue, 5.36 debt warrants effectively means directors have got options at 18.7p so it has the effect of 2.5m raise at 18.7p carrying 10% interest too. But guess it was that or the business is bust. Don't understand the anti dilution warrants
rich1980p
05/7/2017
10:04
10% interest rates and warrants out of their ears. The small print suggests this is a pretty desperate move but one that might, just might come off
trentendboy
05/7/2017
09:16
Goods show of support from directors and I'm pleased they didn't dilute us all with a rights issue. Business seems to be doing very well indeed. One day this will come good....it's on the right path.
errollc
05/7/2017
08:37
Directors loaning that much gives confidence..
letmepass
05/7/2017
07:59
Great figures though surely, hadn't looked in for ages so hadn't seen the big drop. DC
daicaprice
05/7/2017
07:56
At least they have the needed new money
trentendboy
05/7/2017
07:17
Is that the boost this needs? DC
daicaprice
09/6/2017
20:10
I was reading the annual report to try and estimate how much cash they need and I found directors remuneration on page 14 Nissim is on a guaranteed bonus irrespective of performance how does this happen? Shareholder value in this cash strapped business has been destroyed yet he takes it out in cash in unconditional bonus nice work if you can get it
rich1980p
09/6/2017
05:43
I hear he's gone to a major US business...maybe they should buy Nektan.???
errollc
08/6/2017
12:22
Yes I still think the funding terms will be onerous.
rich1980p
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