Spdr Glob Infra Discussion Threads

[daedalus] 24/8/2004 12:27

Another trade for 10m & one for 500k. Something in the air?

[parsifal] 24/8/2004 11:35

someones interested (10 million shares)

[tony14] 11/8/2004 15:51

What's the story here? Can buy 5m online@0.16p which hardly inspires confidence.

Edit:make that 5m @0.17p!

[bullandbear] 11/8/2004 15:46

i take no one on this BB hold shares in this company about to die apparently

[bullandbear] 11/8/2004 15:29

lol thats funny// like i said know nothing about this one,, got your answer nice and clear..

[zapa] 11/8/2004 15:29

I was going to tell him to hang himself.

[kingcnut] 11/8/2004 15:29

yes BullandBear fill your boots it will help you to drown when you jump in the river

[bullandbear] 11/8/2004 11:45

whats going on with this stock.. is it time to get a few ?

[ozgem] 27/7/2004 14:14

is this the final spasm before it expires?

[zapa] 14/7/2004 14:14

Sold out,good luck any holders.

[johnives] 14/7/2004 13:28

Interesting post from Ample's BB

"I have heard a rumour that GIN is poised to do a reversal deal. Could be good, one dark cloud my broker bud tells me that the GIN directors are soon to be had for allegedly stealing documents and plans from a competing company in the old greyhound business.

Good news with some CRAZY rumours. maybe hold for the short-term"
AND TONIC

[rbonnier] 05/7/2004 08:17

Surprised they could afford the stamps to post out the circulars last week!

[goliard] 30/6/2004 10:21

And they have big loans to repay in December 2004. The only reason anyone wants them is for the trading losses and they aren't as big as the market cap or debts. Surely dead now.

[zapa] 30/6/2004 08:26

'quality of the proposals .........'LOL.

[absolute returns] 30/6/2004 08:06

Might get lucky and have an IBM reverse right in to the back of us ?

[thecleaner] 30/6/2004 07:56

Looking for takeover opportunities. What a laugh. This company has a negative balance sheet. How are they going to pull that one off?

[currypasty] 30/6/2004 07:45

Date: 30 June 2004

Enquiries:

Haresh Kanabar
Finance Director, Gaming Insight plc
tel: [phone] nn


Gaming Insight Plc

Results for the 12 months ended 31 December 2003


Gaming Insight Plc ("Gaming Insight, GIN"), the digital media rights and
interactive gaming group announces results for the twelve months ended 31
December 2003.

Extracts from the Chairman's statement and the Report of the directors

2003 was a disappointing year for Gaming Insight: in June 2003, Gobarkingmad
Limited ("GBM"), the principal trading subsidiary of Gaming Insight, having
failed to realise its potential, was put into liquidation.

GBM was incorporated in April 2000 with a view to broadcasting live greyhound
racing over the internet and a dedicated television channel and taking bets on
its interactive betting platform. GBM planned to launch its interactive betting
channel on Sky television in mid 2001 and entered into a number of significant
contractual commitments to enable it to so. However, due to software and
technical problems the launch was delayed until June 2002. The financial
effects of this delay were to materially increase GBM's start-up costs.

Following the launch of GBM's television channel, GBM failed to realise its
full potential as a result of lower than expected levels of business, on-going
problems with the software, lack of UK racing rights and intense competition
within the industry. Appropriate action was taken to reduce GBM's cost base
and, where possible, to renegotiate supplier contracts. However, the cost base
of the business remained unacceptably high in proportion to the revenue
being generated. Considerable efforts were made to increase GBM's level of
business by securing domestic racing rights and entering into joint ventures
but these were ultimately unsuccessful.

In March 2003, GIN engaged external consultants with considerable gaming
expertise to conduct a strategic review of GBM and to assist the board in
formulating an appropriate strategy for the Company going forward. Following the
presentation of the strategic review, the Board of the Company decided not to
oppose winding up proceedings for GBM which went into liquidation on
18 June 2003.

In January 2003 the Board announced that Mr Victor Chandler and Mr David Warren
had joined the Board as non-Executive Directors, and that an additional #17m had
been raised by way of issuing 166.4m new shares. Also, loans amounting to
#596,000 were converted into equity at par. Seymour Pierce were appointed
brokers and nominated adviser to the Company in place of Nomura.

In order to allow the Company to develop its future strategy, Highland Fund
Advisors advanced a loan of #325,000 in June 2003. In December 2003 Highland
Fund Advisors and Brookspey Limited (a company controlled by Mr Nigel Robertson,
the Chairman of the Company) granted the Company a facility of #500,000 of
which #100,000 was advanced immediately and the balance of which was paid in
January 2004.


Directorate

In January 2003 Mr Victor Chandler and Mr David Warren joined the Board as
non-Executive Directors and Mr Haresh Kanabar was appointed Finance director. Mr
Stuart Polak, Mr David Sanderson and Mr Victor Chandler resigned as Directors in
June, September and December 2003 respectively and the Company thanks them for
their contribution. David Warren resigned from the board today.

Post Period

On 16 April 2004 Racing Network.co.uk ("RN"), in which the Company had a 51%
interest, was placed in voluntary liquidation. The Company's investment in
RN had been fully provided for and the write-off will have no effect on the
profit and loss account.

Outlook

The Company, which now has no operating subsidiaries and is a shell, is well
placed to take advantage of suitable opportunities when they arise. In recent
months the Board has looked closely at a number of possible acquisitions with
the intention of either acquiring or reversing an existing business into the
Company, but has not yet found itself in a position to recommend acceptable
terms and conditions for such a transaction. Nevertheless, the Board is c
ontinuously reviewing proposals for the future generation of value for the
Company and since the beginning of the current year the quality of the
proposals being received has notably improved.

[absolute returns] 30/6/2004 07:40

They are not very good the Directors that is are they ?

[blackbear] 30/6/2004 07:39

SICKENING ; hey A.R :: to think they sold off the profitable casino buisseness in such a way.....

[absolute returns] 30/6/2004 07:38

Results out....