Superscape Share Discussion Threads

[abc125] 24/3/2008 23:28

Thanks for all the investment ideas guys.....I've picked out a few aim stocks, but what I'm really after is main market listed high risk/high return stocks (like sps!) for my ISA portfolio.

Suggestions welcome.

[abc125] 24/3/2008 22:15

Can't help feeling that is all a load of porkies!

[edmondj] 24/3/2008 20:39

If that is the true and fair view, it would appear the directors reckoned there was no great future remaining independent.

[paul mason] 24/3/2008 20:31

March 24, 2008 4:21 PM EDT

Glu Mobile Inc. (NASDAQ: GLUU) today announced that it has received valid acceptances representing approximately 92.97% of the issued share capital of Superscape Group plc.

In accordance, Glu is providing guidance today to reflect Superscape's expected contribution to Glu for the first quarter and the full year 2008:


now expects to exceed its previously issued Q1 guidance of a loss of $0.04-$0.05.

Q1 revenues were previously expected to be in the range of $18-$18.4 million, but the Superscape acquisition will add about $800,000 of incremental revenue during the quarter.

FY08 EPS are expected to positively impact Glu's non-GAAP EPS guidance of $0.15-$0.20 by $0.01.

Superscape will add about $14.5 million to Glu's FY08 unaudited revenue. The Company previously announced it expects to report revenues in the range of $83-$87 million.

Glu Mobile, Inc. operates as a publisher of mobile games worldwide. [BCS]

[gmb] 22/3/2008 17:31

Well guys, accepted offer last week, don't know when I will receive the cash, but one thing certain it's not going back into mobile game shares.

Did anyone watch the money program on bbc2 the other night.
Boiler room guys etc.
Almost, but not quite like this outcome!! At least we got something out of it!

[arty] 22/3/2008 08:15

Paul, In no particular order Mediwatch,Flomerics,Vialogy,Corac,Imagination Tech, KBC Advanced Tech, Redhall.I have learnt the hard way (sps)not to have all my eggs in one basket. Some mentioned will be short term punts others longer term and you will note there is not a single mobile games developer amongst them. ( -;

[paul mason] 22/3/2008 07:57

Arty - what are you into / looking into at the moment

[who needs lottery] 21/3/2008 11:31

Received cash from TDW in my account this morning.

Take a look at Kenmare Resources (KMR).

All the best guys - I guess the report from GLU on Monday is going to drive a dagger through our hearts however as said earlier without the GLU bid the share price would probably be under 5p IMO.

[the bounty hunter] 21/3/2008 10:16

A few investment ideas from me - as usual dyor - cost, aie,eo., and blvn

cost (construction) - finals exceeded expectations, returned to dividend list after 17 years, director buying last week, good backlog for this year. Also property assets in spain may provide upside. Weaknesses: construction margins tend to be thin and project mistakes can wipe out profits and create large losses, building division may suffer if downturn is prolonged.

aie (IT) - directors undertaking strategic review to increase shareholder value; significant sharebuybacks underpinning price at present; part of their it business is for local/central govt which may hold up in a downturn.
Weaknesses: downturn may impact wireless and travel business.

eo. (oil and gas) - interesting play with experienced E & P team and identified gas storage offshore site. E & P is a low risk approach by identifying prospects and then farming them out in return for being carried in their expenditure. In total, eo. will participate in about 10 drilled prospects in the next year or so. Gas storage facility is a very exciting opportunity with large upside potential; Recent dicovery still being appraised. This is being evaluated at the present time as to whether it will be split off or sold. Management team with significant equity in the business; Cash level is high which will support business for some time. Acquisitive company and may present opportunities to acquire cash strapped e & p companies that will find it difficult to raise more capital in these markets.
Weakness: Lack of discoveries may undermine model.

Blvn (oil and gas) - outlook statement "Our business is of course one of potentially high risk and high reward. Our
approach is to recruit and maintain a very high calibre and motivated team, to
be highly professional in assessing and managing the risks and rewards in our
operations - such that our prospects are maximised.

The outlook is positive for your Company. I believe that we have the management
team and asset base that can provide us with significant opportunities for
success in creating value for shareholders"

[arty] 21/3/2008 08:11

Paul, Yeah and the "shafting" continues with the time they all take to put the money back into our accounts,heh hoh. I really do thank you for your many years of diligent research on SPS and hope we meet up again on some other company bb,I've already noticed a few of the other SPS posters popping up on bb's of companies where I have or intend to take a financial interest.

Cheers and good luck.

[paul mason] 21/3/2008 07:02

patersdw - the confirmation of being mugged in the broader scheme of things will come on Monday and its funny that Glu were up 16% yesterday.

[hamsterwheel] 20/3/2008 20:13

abc - frying pan, fire - try NTX !
Seems lots of distressed selling today.

[abc125] 20/3/2008 19:56

Any more tips welcome. I looked at phorm....bit too volatile for me.

[hamsterwheel] 20/3/2008 16:14

Fastrade have allocated me my cash from the takeover.

[soldi] 20/3/2008 15:27

For those looking to put their money somewhere, you won't get much better than Tepnel Lifesciences,(TED),imo. Their recent full-year results were excellent. A potential high growth situation. 9.5p to buy (£21m mcap). Needless to say I am heavily invested (but PDYOR!).

[abc125] 20/3/2008 15:26

TDW told me up to three weeks.....long time to be in limbo! I see the Glu stock price is moving up.

[stephenwilson] 20/3/2008 15:07

Barclays paying out 'in the next 3-5 working days' so maybe at the end of next week?

[ride daice] 20/3/2008 09:23

Exactly HW. That's precisely what they told me when I phoned them earlier. Nominee account holder = 2nd class citizen.

[hamsterwheel] 20/3/2008 09:01

No doubt Halifax and all the other big brokers will be receiving one big lump for all their customers and will then take a week to divi is up amongst them.

[ride daice] 20/3/2008 09:00

Halifax have told me that settlement is on 3rd April. I can't understand this ?

[blingbling123] 19/3/2008 17:34

Should we get our money tommorrow?

I'm waiting on 100k - not an inconsiderable amount - I would like to start investing my money elsewhere Mr Greg Ballad. (maybe Glu for starters!)

[paul mason] 19/3/2008 13:27

EJ - Yep, this is where they will announce the rollout of SPS games worldwide, new titles we don't know and other bits which will hopefully raise their share price

[edmondj] 19/3/2008 13:18

nellyb,

Yes either sell in the market on 7/8 April or I expect they will still accept laggards after this supposedly' final' acceptance date (otherwise how do the MMs dispose of their shares?).

PM,

They're hardly likely to be doing this to flag losses!

[paul mason] 19/3/2008 13:08

Glu Mobile Announces Conference Call on Monday, March 24, 2008, to Discuss Superscape Guidance

SAN FRANCISCO--(BUSINESS WIRE)--Glu Mobile (NASDAQ:GLUU) today announced that it will hold a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Monday, March 24, 2008, to discuss guidance for the Company's acquisition of Superscape.

Please dial 800-299-7089, or if outside the U.S., 617-801-9714, with passcode 78593871 to access the conference call at least five minutes prior to the 2:00 p.m. PT start time. A live webcast and replay of the call will also be available at under the Investor Calendar and Webcasts menu. An audio replay will be available between 4:00 p.m. PT, March 24, 2008, and 11:59 p.m. PT, April 1, 2008, by calling 888-286-8010, or 617-801-6888, with passcode 79538667.

About Glu Mobile

Glu (NASDAQ:GLUU) is a leading global publisher of mobile games. Its portfolio of top-rated games includes original titles Super K.O. Boxing!, Stranded and Brain Genius, and titles based on major brands from partners including Atari, Activision, Konami, Harrah's, Hasbro, Warner Bros., Microsoft, PlayFirst, PopCap Games, SEGA and Sony. Founded in 2001, Glu is based in San Mateo, Calif., and has offices in London, France, Germany, Spain, Italy, Hong Kong, China, Sao Paulo and Chile. Consumers can find high-quality, fresh entertainment created exclusively for their mobile phones wherever they see the 'g' character logo or at www.glu.com.

GLU MOBILE, GLU, SUPER K.O. BOXING!, STRANDED, BRAIN GENIUS and the 'g' character logo are trademarks of Glu Mobile.