Probability Share Discussion Threads

[rambutan2] 15/3/2007 22:08

Below is the old head with headlines and some links to write ups etc...

10/09/07: Probability CEO Charles Cohen said, "We are thrilled to have been selected by Rank as its mobile games partner. The mobile gaming sector has been 'coming soon' for some time, but with gaming experts such as Rank now clearly seeing the potential for growth through mobiles, a tipping point has been reached. We are able to offer Rank a world class service with a proven track record that will be fully integrated into their existing gaming platform."


22/11/07: Probability CEO Charles Cohen said: 'We are very excited to be working with The Sun and expect the agreement to develop into a very successful partnership for both of us. The Sun is clearly committed to the mobile market in general and more specifically, fully understands the exciting growth opportunities in the mobile gambling sector. News Group joins our growing list of blue-chip partners for whom we provide white label products including Rank Group plc, which brands our games under the Blue Square trade name.'


28/11/07: Probability CEO Charles Cohen said, "The casual gambling sector is made for mobile. Our formula of simple games, easily played on small screens, with the chance to win significant cash prizes for small stakes, is already a proven
success. This new partnership with Orange adds a layer of trust for consumers
and the widest possible exposure to potential customers."


12/02/08: Probability plc, the AIM quoted mobile phone gambling specialist, has raised approximately £1.7 million (net of expenses) through the private placing of
3,397,028 new ordinary shares of 1p each in the Company at 50p per share ('New
Ordinary Shares') with IPGL Limited ('IPGL')('Placing'), a private holding company in which Michael Spencer, CEO of ICAP plc, together with his wife and family trusts, are majority shareholders.

22/05/08: Commenting on the deal, Probability CEO Charles Cohen said, 'This is a tremendous deal for Probability. Two million handsets represents approximately half of Three's UK current customer base. The pre-installed link to Ladyluck's on these devices gives us an excellent and exclusive opportunity to convert large numbers of new customers from a feature built into their phones.
'We are particularly excited by the opportunity this presents us to secure even wider distribution of the new games we are developing using the movie brands which we recently licenced from Paramount, including Grease and The Italian Job.'


22/01/09: Commenting on today's launches, Probability CEO Charles Cohen said: 'Today's launches of our new (Zaphod) gaming platform, and Head-To-Head Poker are the culmination of nine months intensive R&D and exhaustive testing within Probability.
We see the development of this new platform as a strategic investment in the future capability of our business, which could significantly enhance earnings potential in the medium term. Not only is this a unique service in the gaming industry, but by aligning it to the brands such as Connect4, it is also has potential mass appeal."


14/04/09: Probability Chief Executive Charles Cohen said: "We are delighted with this deal which will allow us to extend the distribution of our award winning mobile gambling games to meet market demand. Partnering with mFuse will reduce the cost and complexity for their clients who wish to add a broad range of compelling mobile games to their sites. As well as mobile bingo and slots, mFuse clients will also have access to our very successful range of branded content and our unique head-to-head games, including Poker."


17/07/09: Commenting on the Agreement, Probability CEO Charles Cohen said:
"The signing of this Agreement underpins Probability's status as the leading
end-to-end supplier of mobile gaming and mobile lottery technology and services.
It also represents a leap forward for our nascent business-to-business offering,
giving us fast track access to global markets with a highly reputable and
capable partner. Dragonfish has already identified a number of opportunities for us to explore together..."


31/07/09: Commenting on the Agreement, Probability CEO Charles Cohen said:
'We are very pleased to have become a full partner of Orbis having completed the integration of our service into OpenBet.
'For Orbis customers looking for a quick and easy way to extend their existing on-line service into mobile, we now offer a solution with technology they already use, plus seamless operation with existing back-office and payments services. Regulator approval is also greatly simpified for each new site and Orbis customers can utilise our real-time CRM and other services as well.
We are very much looking forward to working closely with Orbis and their other partners to develop content and deliver great new services to Orbis customers.'


11/03/10: Commenting on the partnership deal, Probability CEO Charles Cohen said: "This partnership extends our global reach, and opens up the large player bases which Mobenga's customers have.
It removes in one stroke the main hurdle to delivering our service to these operators - namely the time and cost of integrating a new technology into their platform.
We are already in discussions with several of Mobenga's customers, who are enjoying great success with their mobile sports betting, and we hope to be able to secure our first project soon."


Media:

[yngwie] 15/3/2007 16:33

write up in shares mag

yngwie,.

[rambutan2] 12/3/2007 16:48

I think this mobile gambling co looks an interesting proposition and over the next year will start to attract a bit more attention than it has done so far.

Yes, the chart isn't pretty, and neither is the spread, but from what i understand the business itself is growing nicely, with the Bingo proving itself a nice little earner.

The management includes some experienced hands and the shareholder base includes a few who have a good track record of backing winners, all of whom are v supportive of the company.

[sixpintsid] 12/3/2007 16:48

Just dipped my toe in with a few. Lets see how it goes!

[rambutan2] 12/3/2007 16:42

Old header with headlines, a few links etc...
http://uk.advfn.com/common/account/login?r=687474703a2f2f756b2e616476666e2e636f6d2f636d6e2f6662622f7468726561642e706870333f69643d31333939313538352666726f6d3d343c2f613e

Swiss/Italian subsidiary...


USA partner...


Views from the States...


Italian gaming news blog


Shares in issue:
The issued capital of Probability plc consists of 33,767,000 ordinary shares of 1 pence each ("Ordinary Shares"), all with voting rights.

Probability has a high quality investor base, including founding management, major institutional investors and private investors. They include:

Charles Cohen, co-Founder and CEO (6.7%)
Michael Spencer, ICAP founder and CEO, through IPGL (17%)
Joe Lewis, private investor, (9%)
Fidelity (8.8% holding)
Mr. Nigel Wray (9.5%)
Foresight (3.9%)
Other institutions include Hargreave Hale, MD Barnard, Rathbone and Fiske.

[yngwie] 12/3/2007 08:15

more news this company is getting over looked at the mo.

[wilmot] 30/12/2006 17:29

I absolutely agree. IMO this has further to fall. I will not be buying until I see some support.

[azalea] 30/12/2006 07:54

The chairman's purchase also caught my eye and whilst never an infallible indicator, director purchases often have some merit. for me there are two factors that might warrant a closer look; the share price is at a low and the nuggets contained in the H1 statement - summed up in the last para. At present I am fully invested with several better near term places for any monies freed up; however further director purchases and even better - institution/s buying would certainly increase my interest.

[wilmot] 29/12/2006 18:36

I have only looked at the trade data since mid Dec but there have been steady sells - 125k, 100k, 50k. This is also on my radar and their must be some value in this company if the chairman is prepared to invest £80k but until the seller has finished this will fall further. Also the chart looks incredibly grim.

[azalea] 29/12/2006 09:13

Wilmot
What do call large Qtys and over what period? On my radar.

[wilmot] 29/12/2006 09:06

Any thoughts on the chairman's £80k buy? IMO it seems very strange as these clearly have further to fall. Someone is dumping in large quantities.

[stanhouse] 08/12/2006 19:09

anyone got any up-to-date views on this one? has the share price fallen because of lack of interest or is there something I don't know? can hardly be US gambling troubles because they aren't in that market.

[grahamite2] 31/8/2006 15:40

Thanks Kamitora, you have done the work I should have!

[kamitora] 30/8/2006 20:06

The Company announces today that it was informed on 29 August 2006 that
Mr.Timothy Jones, a Non-Executive Director of the Company, bought 28,235
ordinary shares of 1 pence each in the Company ('Ordinary Shares') on 24 August
2006. The purchase price was 85 pence per Ordinary Share. Following this
purchase, Mr.Jones has a beneficial interest in 28,235 Ordinary Shares,
representing 0.16 per cent. of the Company's issued share capital.

The Company was also informed on 29 August 2006 that on 24 August 2006, Mr.
Benjamin Hirsch, another Non-Executive Director of the Company, bought 10,000
Ordinary Shares and 13,500 Ordinary Shares at a price of 85 pence and 82 pence
per Ordinary Share respectively. Following this purchase, Mr. Hirsch has a
beneficial interest in 33,500 Ordinary Shares, representing 0.19 per cent. of
the Company's issued share capital.

[grahamite2] 25/8/2006 20:14

The relevant extract from that link:

First day dealings in Probability Games, which operates gambling, bingo and lottery games for mobile phone users saw the shares climb from 76p to 82p.