Nektan Share Discussion Threads

[trentendboy] 13/3/2018 08:16

More money neededNot goodNeed to put themselves up for salePtec is a possible

[18bt] 13/3/2018 07:51

Nothing too exciting in the results, but did they raise enough cash? Not enough detail on revenues expected from Europe, Asia and US to judge.

[errollc] 07/3/2018 11:17

One sale and then all purchases....unless a sell order is being worked, it suggests MM's don't want this higher...hence the spread too?

[errollc] 06/3/2018 15:16

That's good to know.

I hear he's a top guy and has been battling trying to sort the business in the face of pretty ineffective CEO's.

My gut feel is that this is on the turn now and heading in the right direction. Big time.

[rich1980p] 06/3/2018 10:49

Live in GIB and the founder is very highly regarded here sold his previous business for mega bucks and well known in the sector

[errollc] 06/3/2018 10:33

No I don't directly I will send an email and see if they listen.

[rich1980p] 06/3/2018 08:39

Completely agree do you speak to the company or can you urge them to sort it there is value here

[errollc] 06/3/2018 07:34

Rich, they probably took the first revenues in January...must have been a few weeks delay.

The fact that there are no numbers is however very frustrating. They should get that sorted if they're going to be taken seriously.

[rich1980p] 06/3/2018 07:16

This is the original announcement which does say they expected revenues in the last calendar year but I guess irrelevant as there are no consensus numbers out there to adjust for delay.


23 October 2017
NEKTAN PLC
("Nektan", the "Company" or the "Group")

SIGNS FIRST PLATFORM AGREEMENT

Nektan plc (AIM: NKTN), a leading international B2B gaming solutions and services provider, has significantly boosted its global presence by signing its first global platform deal for its Evolve Lite gaming system with Malta based gaming company Tyche Digital Malta Limited ("Tyche").
Under the terms of the agreement, Tyche will integrate Nektan's games aggregation platform into the multiple global markets in which it operates and will be responsible for localised licensing. Several of Nektan's current games partners will contract via Nektan into the aggregation platform. The solution is expected to be live and starting to generate income this year.

Gary Shaw, Interim Chief Executive Officer of Nektan, said:
"We are very pleased that our platform has been chosen by Tyche, which further confirms Nektan's evolution into an international B2B business. Our platform has been built to be applied quickly with no dependence on geographic location, which was a primary driver in Tyche's decision to partner with us. We anticipate significant growth potential in these new markets with new revenue flows expected to commence before the end of this calendar year."

Vyacheslav Grzhybovsky Chief Technology Officer of Tyche said:
"Our decision to work with Nektan was determined by the Evolve platform which allows for quick integration into existing operators who require high quality content. Nektan has both the platform and the content, but the determining factor was its speed of delivery and integration, something which sets Nektan apart from the majority of current gaming platforms."

[rich1980p] 06/3/2018 07:12

Ha def nursing losses company seems very exciting with better prospects than other gaming cos i follow but very frustrating with no forecasts broker following etc

[errollc] 05/3/2018 15:37

F
There is a drum to beat for sure....sadly the broker/management team seem reluctant to get the story out there. This should be in the papers, with broker comments etc.

Not sure if its incompetence or they don't want to give away too much.

[fillipe] 05/3/2018 14:19

Sp inching up nicely today - always good to see a share ticking up when it's almost unknown to the vast majority of pi's.

Following today's RNS there should be some follow-up broker comment, I would expect.

Bring it on - there's a drum to beat here, imo.


f

[errollc] 05/3/2018 13:04

Asia is considerably larger than Europe and the US in terms of people gambling/betting....exciting times.

[fillipe] 05/3/2018 12:05

Looking good at NKTN and for going forward.

f

[tilly99] 05/3/2018 11:30

Probably sacked from the companyWhy else be a bear at this low level??!!

[errollc] 05/3/2018 11:17

rich...you've been one of the few on this BB for a while now. What's your interest?

Looking to buy or nursing a large loss?

[errollc] 05/3/2018 11:02

Rich...the company is producing revenues now from Asia so it will be for this financial year (to June 2018).

The JV only started recently so the company never said it would have revenues last year....yes for 2017/18 but not for calendar year 2017.

Stockdale are rubbish but so is the company for not sorting a revenue forecast and getting that into the market.

[rich1980p] 05/3/2018 10:31

Looks like it’s Stockdale and yes it is this is also negative news for me A company’s previous announcements said this was going to be live and generating revenue in 2017 so clearly a long delay thwee

[tilly99] 05/3/2018 10:22

Who are the brokers ?Isn't it the directors responsibility to promote the company?

[rich1980p] 05/3/2018 08:21

Yes so it's completely impossible to formulate a price target other than fiction or guesswork why won't the broker put a note and forecasts out? Either the company hasn't asked (incompetence) or broker doesn't think it can say anything positive (bothering)

[errollc] 05/3/2018 07:13

That's a decent announcement....the Asian market is massive. Wonder what it will do for turnover and profit forecasts? Except there aren't any!

[errollc] 28/2/2018 07:57

Need a company update for sure....need the (useless) brokers to put out a note.

Twitter feed suggests there is positive action but yet to be reflected in any announcements/RNS's.

[rich1980p] 07/2/2018 20:08

Yes agreed the lack of forecast profit numbers in the market is frustrating without it having a view as to what share price should be is uneducated guesswork company needs to get its act in shape

[fillipe] 07/2/2018 11:54

AGM today 1100hrs - I was hoping for a bit of guidance in an update....

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[richard4796] 23/1/2018 10:44

up and down... :( So much for staying up