Top Ten Share Discussion Threads

[theshareguru] 01/4/2006 18:40

they have bought alot of the clubs on a bank loan, if you go into tth site
or announcements I am sure you will get the ammount, my memory tells me it was
nat west who they borrowed from, that is one reason i sold when i did, i made a profit and ran.

[8 ball] 01/4/2006 18:24

What do you believe the debt is then?

[theshareguru] 01/4/2006 18:14

i sold at 6.25p prior to consolidation, which comes in at £1.25, i will be interested to see what the bid is, one word they have a lot of debt !

[8 ball] 01/4/2006 18:10

Well Well I wonder if my post on 20th with regards to Ladbrokes may be spot on???

Lets just hope we get the true value for our shares.

IMHO AT LEAST £1.50

[dogdays] 31/3/2006 19:21

SoTop Ten have had an approach.Well this was the idea from the outset. Good news for all you boys who still hold.

[8 ball] 20/3/2006 16:52

Thanks for the good input ADRO5.

They have issued more shares as the group as grown that don't help the share price.

I see a good increase in turnover but the profit will take time to come thru.
The new clubs need a full years trading before they show true value to the bottom line.

The new clubs I assume need money spending on them too.

Still think the share price will be much higher in a years time.

Also Ladrokes have plenty of cash following the sale of Hilton hotels.
Bingo will fit in well with the new company as it does with Gala and Corals..

[goliard] 17/3/2006 09:51

Sorry, the Westvale deal from last June. They paid so much for the group that it seemed more like an RTO than an acquisition. I've been negative since then due to the high price and poor use of cash. If they can improve the Westvale sites then the deal may still come good, but I guess we need results to know.

[adr05] 13/3/2006 13:38

RTO last year?

[goliard] 13/3/2006 13:02

I liked this company until it did it's RTO last year. A terrible deal for TTH. I may not ever see 80p again, but that's my target buy in price.

[adr05] 12/3/2006 23:07

A couple of new changes have taken place over the past few months within the company.

I dont know if anybody plays bingo but il try to explain it as easy as possible.

All the new clubs purchased by top ten have joined the link games. For instance out of a 25p ticket previously 15p was going to the prize money and 10p to the club. because of the increase in clubs the company has kept prize money around about the same but has increased the amount going to each club by about 6-7p. This will see an increase of around 60-70% in profits on the link games.

Another change has been the introduction of cash bingo link, this is the bingo that peoplee put money into the slots and use the boards on the table. all clubs are now linking up at numerous times throughout the night which has seen an increase in profit.

As said in a previous message im expecting a huge increase in turnover and profits this year due to a full year of trading from the walkers clubs.

Top ten had a turnover of £13m last year
walkers had around £10m turnover itself
Apollo had a turnover of £3m
Bravo had a turnover of £2m (i think)
plus top ten bought a club in tonypandy this time last year, not sure of the turnover but made profit of around £200,000.

Profits this year will be way up on last year but profits have increased every year with no real improvement in share price.

anybody have any ideas why?
is it due to the fact that there are not many shares in issue?

[adr05] 09/3/2006 22:32

im not expecting any real effect from the smoking ban, if someone wants to play bingo they will. There are plenty of intervals within a bingo session for someone to pop outside.

Many customers actually keep away because it can be too smokey. so it MAY bring a few people in! We'll see!

[trewinney] 09/3/2006 15:41

What effect may the smoking ban have?

[adr05] 09/3/2006 11:04

End of the financial year 31st march.

Top ten made £1.6m pbt last year and will make between £2.5 & £3m pbt this year (maybe even more)!

plus more acquisitions are in the pipeline. and online gaming is being looked at which is big money.

only 11 clubs owned 4 years ago and the company know has 44. this share is undervalued!


Results will probably be out around early june, im expecting a rise in the share price.

[dogdays] 11/2/2006 17:29

8 ball

Not always, believe me.

[vijaymeher] 07/2/2006 17:20

What's the news on this lot ?

[8 ball] 02/2/2006 20:50

Why?

As a rule people read the tips and buy the shares.

[8 ball] 29/1/2006 11:21

Good sunday newspaper tips on this Today.
Should see a mark up again next week.

[aerotus] 28/1/2006 00:42

Absolutely, I sold out of these over 18 months ago with a nice profit to boot.

[8 ball] 25/1/2006 17:28

Can't see sub £1.
£1 Looks like it will at least be a support level for us.

[gambler99] 23/1/2006 15:14

not many shares around due to the consildation....this is similar to
qxl...not many shares can send the price flying....

[balcee] 23/1/2006 14:19

Don't think sub £1 is likely Goliard.

[goliard] 23/1/2006 12:55

The pe only tells half the story and is low at 10. I wasn't at all impressed with the last big acquisition and have been out of these for a while. There are a lot of placing shares around at 80p and I would worry that there will be a sell off when these are traded. Certainly a great day for TTH today, but I'm not getting excited unless it retraces to about 80-90p.

Goliard