Stride Gaming Share Discussion Threads

[19bells] 10/6/2015 08:15

This stock is most certainly looking shaky now . Shareholders will need decent news otherwise it will tumble.

[speedsgh] 09/6/2015 09:47

Thanks, bb2. True gent :o)

[19bells] 09/6/2015 07:06

Not a thing this stock is flat and going down

[battlebus2] 08/6/2015 21:26

Go to Share radio and scroll below the pod casts to Audio Feed and it's number 34 at the minute, just listened to it again.

[speedsgh] 08/6/2015 09:31

bb2 - Can't find the Stride interview on the Share Radio website, just this rather lovely pic ;-)

Do you have a link to the interview?

[battlebus2] 06/6/2015 22:38

Good 30 minute interview with the guys from Stride on Share Radio today, still available to listen to again in the company casebook section.

[battlebus2] 06/6/2015 07:45

More chance if you put 50p in a slots. Next acquisition or other news and we will be a lot higher imv.

[19bells] 05/6/2015 22:21

Yea 75p is probably a good price but no doubt 50p will be on the cards at some point.

[baggariddim] 05/6/2015 22:02

Maybe overpriced but 50p??? Hmmm!Looking at 70-75 maybe.

[19bells] 05/6/2015 15:56

This looks way too over priced.

[macarre] 02/6/2015 19:43

19bells - suggest you come back with a rationale for your 50p, and people here are more likely to take you seriously. Investors in STR know why this is a good investment; they are in not because they heard about it from the NT.

[19bells] 02/6/2015 19:04

Mac - same old story as XLM - promises

[macarre] 02/6/2015 17:21

19bells - STR is highly cash generative, are planning to pay dividends from year 1, are setting themselves agressive growth targets, and have experienced management in place. Everything SEE is not. Now, you judge which of the 2 businesses are more likely to attract investors. :-)

[macarre] 02/6/2015 16:44

19bells - I was not expecting this one.. kkkkkkkkkkkk. Just because I said I sold SEE to buy STR... kkkkkkkkkkkk. You didn't even know who STR were before I announce it.

[battlebus2] 02/6/2015 06:56

Hope you live long enough :))

[19bells] 02/6/2015 06:54

Waiting to hit 50p then I'm in

[macarre] 29/5/2015 15:09

Picked up a few early this afternoon on price weakness. Plan to top up on future dips.

[speedsgh] 29/5/2015 14:07

Agreed. Strikes me as pretty lazy journalism. No surprise there then! We're probably better off keeping it to ourselves anyway ;o)

Have a good weekend

[battlebus2] 29/5/2015 13:54

Thanks speedsgh, i don't think they fully understand how we are to gain market share and the increase in growth and profits that will follow.

[speedsgh] 29/5/2015 13:50

From IC today. Article on recent newcomers to AIM...

Another company joining the public markets at a time of broader shifts in its industry is Stride Gaming (STR), which began trading on 19 May following an £11.2m equity raise. The group hopes to benefit from consolidation in the gaming sector following last year’s changes to the point of consumption tax. Stride is pursuing a buy and build strategy, though it already owns a number of online gaming and bingo brands including Kitty Bingo and Jackpot Café, and counts former Sportingbet chief executive Nigel Payne as a non-executive chairman. The shares are up 40 per cent on their 132p placing, giving a price-earnings ratio of 18 times annualised cash profits for 2014. This is towards the lower end for the sector, but given growth in online bingo sales is slowing, the margin of return on any acquisitions will face challenges. Hold.

[battlebus2] 29/5/2015 10:08

CEO Boyd reckons as much as 20% of the market will be up for grabs as a result of the POC levy.
He told Proactive Investors in a recent interview there is a chance to grow the Stride market share three-fold in the next two years.
“We believe it is only a matter of time, once companies start paying the POC, that marketing expenditure will drop amongst the smaller operators,” said Boyd.
“That is a good opportunity to not exactly clean up, but to make headway. We will have more nets in the water with our multiple brands.”
The cash injection and shares give the firm the currency to pursue acquisitions; however, it has laid out five individual growth pillars.
They include product development, white labelling opportunities and expansion into new territories as well as the aforementioned market share push and organically building the firm.
Stride is coming to the market at a hot time for online gaming. GVC Holdings, backed by Pokerstars owner Amaya Gaming, is locked in a £1bn fight with 888 Holdings over Bwin Party.

[battlebus2] 29/5/2015 09:58

No not as yet speedsgh, looks a great co on all fronts with the guys in charge who know how to get a return...buying opportunity presenting itself after a great run.

[speedsgh] 29/5/2015 09:54

bb - STR looks v interesting with potentially attractive blend of income + growth. From your post #18...

“Gaming has a very high cash conversion, so we hope to attract some of the income funds. We will probably start with a dividend policy in year one,” said chief executive Boyd.

Do you have any forecasts/guestimates on likely dividend for current FY? TIA

[battlebus2] 28/5/2015 10:37

Stride Gaming claims ‘significant’ growth across KPIs
28 May 2015
Eitan Boyd, the chief executive officer of Stride Gaming, has hailed “significant” growth across all of the multi-branded, bingo-led operator’s key performance indicators (KPIs) during the six months through to February 28.

Net gaming revenue during the first half amounted to £11.7 million (€16.4 million/$18 million), which represents a huge increase of 173 per cent on the £4.3 million posted in the corresponding period last year.

Adjusted earnings before interest, tax, depreciation and amortisation came in at £3.6 million while Stride was also able to post a profit of £1.6 million before tax, compared to a loss of £127,000 in the first half of last year.

Total assets were up from £4.3 million to £32.6 million, with net assets also up from £4.6 million to £14.1 million.

Stride noted that its performance during the period was boosted by the launch of two new brands in the form of ‘Bingo Extra’ and ‘Magical Vegas’.

The operator has also expanded its operations through the acquisition of the trade and assets of Table Top Entertainment Limited, the proprietary gaming platform from Nextec Software, as well as Spacebar Media.

Nigel Payne, non-executive chairman of Stride Gaming, said: “I am delighted to present the maiden results for Stride Gaming PLC as a listed company, which are at record levels across all of the KPIs of the business.

The organic growth of the business continues at a robust pace and current trading is strong and ahead of management’s expectations.

“I am optimistic about the group’s future potential and we believe that the outlook for Stride Gaming is exciting.”