Webis Share Discussion Threads

[trentendboy] 17/5/2018 10:09

different business model entirely.

GAN have cleverly signed up a shed load of casinos to roll out sportsbetting alongside their casino software

It should be the real big winner.

Of course WEB have excellent revenues and licenses and racetrack links so can also roll out quick plus they have the expertise.

Still too small so need to scale quick or do a deal with a larger company.

Still, this is transformative IMO

[equity growth] 17/5/2018 09:31

WEB Valuation seems low compared with loss making GAN.

[pwhite73] 17/5/2018 09:09

liamnich04

Good point about bookies needing to find other means to replace loss revenue.

[dubian99] 17/5/2018 09:05

Quoted 3.69 4.13 15 mins ago, hidden buying imo

[pwhite73] 17/5/2018 08:34

To keep momentum they need to follow through with further news.

[coldspring] 17/5/2018 08:13

Not sure how people make predictions, I will be happy if goes up and holds around 5p whilst we await news. It may just flop around this level of course. The volume isn't huge so far today.

[oldbronze] 17/5/2018 08:09

10p today ?

[coldspring] 17/5/2018 08:04

The betting firms needs to replace lost revenue. Must make webis even riper for a takeover. Pocket change for a big betting firm like hills or bet365

[liamnich04] 17/5/2018 07:21

Trent

Positive for WEB imo as companies look to replace lost revenue in the U.K.?

[trentendboy] 17/5/2018 07:20

No Impact on WEB obviously

[shirley83] 17/5/2018 00:17

I think you miss the point that over the last few years they have been in development and been negative on profits to this year have sorted many issues and now positive profits.. Positive profits.. Things moving forward.. And now this.. Wow wow wow

[madchatter2] 16/5/2018 22:42

My basic understanding here is that to be competitive in the market place they have had to drop prices quite significantly, or offer some other discounts, which combined with their debt repayment is why they are not making any real profit.

How this changes with their licenses being revalued I don't know.

[dubian99] 16/5/2018 21:15

Can someone give me a run down on Webis,
I take it they implement the Tote systems or there equivalents in Hong Kong, New York,
France, SA etc, Watch and Wager, is this an alternative pool system alongside the respective country's Tote or are they the sole licenced operator at respective tracks,
if so why aren't they coining it

[trentendboy] 16/5/2018 18:35

Been here for years. Just ignore most of these posts from people who have no clue on what WEB really do.I bought more around 1p and have not sold any.Run your winners. This is only the start imo.

[noirua] 16/5/2018 18:30

Quite a shock to see the share price tank on what appeared to be a reasonable RNS today. Still, Ross RGP went down on profit taking and then made a respectable 65% advance today.

There is the balance between considering cash raising against a bid coming for WEB quite quickly. The latter is probably equal to the former. There are of course debts to consider as well and when they become due.

Cash held: Shareholder equity has decreased to US$1.9 million (2015: US$3.2 million).
Total cash stands at US$ 6.4 million (2015: US$6.1 million), which includes a ring-fenced amount of US$0.9 million (2015: US$1.4 million) held as protection against our player liability as required under Isle of Man gambling legislation.
A further amount of US$2.6 million (2015: US$2.6 million) is held as bonds and deposits with other regulatory authorities on behalf of players..

--

Most importantly, WatchandWager has achieved a size and credibility within the USA to be a significant player in the USA horseracing and e-gaming space, which is widely still considered to be a jurisdiction of opportunity as European markets consolidate.

The company has a solid operational presence and multiple licences in key States.
In addition, its global reach continues, particularly in key Racing jurisdictions such as the USA, Hong Kong, France, UK and Ireland, amongst others.

[letmepass] 16/5/2018 17:38

They should be but who knows what's happening here

[noujay] 16/5/2018 17:30

I don't understand...weren't these supposed to be at 10p by now?!

[shirley83] 16/5/2018 16:58

If placing then probably at 2p.. But who nows.. Maybe mms games

[barnetpeter] 16/5/2018 16:47

A placing might be on the way. To finance the sports betting expansion. I say this because a the late fall in the price b aim is a leaky ship and we have seen a huge turnover over the last couple of days. More than current free stock. That suggests the mm know more stock is on the way

[coldspring] 16/5/2018 16:44

Just folk taking profit and not willing to wait for the bigger picture. I will hold.

[amrishbhim] 16/5/2018 16:32

I don't feel they require additional funding to place more shares at this time

[pwhite73] 16/5/2018 16:28

A reason for the shares to pull back would be a placing on the back of a 500% rise.

[amrishbhim] 16/5/2018 15:56

I see no reason for the shares to fall back, but believe due to the prices raises of two and a half day we seeing some correction. I still believe this company's worth at least 50 million pound.