Webis Share Discussion Threads

[blueball] 28/2/2020 12:45

Yes indeed.

[thomstar] 28/2/2020 09:35

A glimpse of blue in a deep sea of red

[noirua] 27/2/2020 12:58

Today's fall was due to comments about the coronavirus being likely to affect profits of Playtech.. As WEB is principally in the United States it looks so far likely to have no effect.

[howdlep] 26/2/2020 10:18

Yes looking good. Any stock that is blue today is likely to have a continued run when general markets turn higher.

[blueball] 26/2/2020 09:42

Clearly a break-out today.

[howdlep] 26/2/2020 08:50

Significant financial improvement with those results. However, the key is the forward looking statement. Licences secured in all key states and the BOD are really bullish with the prospect of sports betting coming to California. As we know, income from this state will dwarf all others:-

"One thing is for sure: licensed Sports Betting is coming to California."

Summary

We are pleased with the overall progress of the Company. We have restructured the business and, as a result, it is more balanced and generating a much-improved margin. We will focus on this key priority going forward.

In terms of strategy, the Board are very aware of our key assets, namely the securing of our licenses in California, especially the long-term agreement with Cal Expo. There are still many hurdles to be overcome, and the next six months will be very busy with the potential for impending legislation and selecting partners. One thing is for sure: licensed Sports Betting is coming to California, and we hold a critical asset in the State Capitol. We are very aware that there is likely to be a stampede of commercial interest in gaming in one of the largest economies in the world. We will keep shareholders fully informed of progress in this area.

[bean02] 26/2/2020 08:25

Really pleased with those results and the other nods to - 'it's a sure thing'. We should be very much higher soon

[milliecusto] 26/2/2020 08:03

Solid results

[blueball] 21/2/2020 18:50

Stay long.

[trentendboy] 21/2/2020 12:25

The move is ON

[blueball] 21/2/2020 10:17

Quiet for a Friday.

[lakedale1] 20/2/2020 18:49

November is California ballots then might not make through because of the tribes.
Just keep topping - no rockets here for a while yet - trading update next week which we may see a fall in price if no profits coming through keep feet on the ground for a while yet

[trentendboy] 20/2/2020 16:01

Next spike is about to launch - rockets running.

California could blow at any minute :-)

[thomstar] 20/2/2020 14:56

This is a great one for spikes made a lot of p but always leave some on the table for the next big one as it were

[collywobbler] 18/2/2020 10:19

Order being filled?

[collywobbler] 18/2/2020 10:18

Just scrambled round for a few took a while!

[itsnotmeitsy0u] 18/2/2020 09:05

strange - am unable to buy any whatsoever...

[lakedale] 15/2/2020 21:13

spike was 6.60 was 2018 - will she spike again to that level? - would like to think so with all that's going on

[noirua] 15/2/2020 17:01

In the last 20 months there have been four spikes with the first in May 2018 the largest.


Dec 4 2019: WatchandWager extends Racetrack contract


WatchandWager President and Webis CEO, Ed Comins, stated that the extension approval is a significant step for the long-term future of both Cal Expo and WatchandWager:

[noirua] 15/2/2020 17:01

In the last 20 months there have been four spikes with the first in May 2018 the largest.

[lakedale1] 07/2/2020 12:43

Just PI’s taking small values out,the share price reacts on trades so nothing to worry about
Trading update later this month so hopefully we can get and stay over 2p then looking forward to November crucial vote which if goes the right way will give very high rewards
Good luck all

[noirua] 07/2/2020 10:54

The share price has fallen quite sharply this morning and that is quite disappointing. No reason it seems unless a few are in the know here. Hopefully just withdrawing funds to punt on BOIL, who knows.

[noirua] 02/2/2020 14:26

This early December 2019 RNS seems to have been forgotten:

The board of Webis, the Group specialising in pool wagering and the operators of Cal Expo, the Californian harness track, is pleased to announce that on Tuesday 3(rd) December its US-based Advanced Deposit Wagering business, WatchandWager.com LLC ("WatchandWager") signed an extension with the Board of Directors of the California Exposition & State Fair in Sacramento to continue its Cal Expo Harness Racing operations through to 1 May 2025.