focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
see u in 2015
less profitable even before the tightening regs ...by npt's calcs, profit would be hit by a little less than £2m...which is a substantial part (perhaps majority) of run rate profitability...dyor (which is tough) ...and why should the reg change stop here? and unlikely to be helpful ...so significant continuing reg risk...selling by folk persuaded by Simon T...reduced profitability ...net net (plenty of those on AIM) at 3-4p...but I'll settle for 7p as a punt ...opinion only; I have been Jolly on the mark here...the bulls have not lol
Link to article about poc tax http://www.pokernewsreport.com/gbga-action-forces-uk-govt-to-delay-gambling-act-17253 this will rocket if poc is scrapped as price already has poc factored in
I think it was in their last update in early Sept that they stated that NPT would come in at or above market expectations for the year. Does anyone here know what forecast they have put forward for the FY 2014 and maybe even their forecast for FY 2015?
Simon Thomson this Simon Thomson that lol couldn't put it better myself gurus come and go I'm invested in netplay for the value and that it's a good business model I don't need Simon Thomson to tell me that
Simon Thompson this.......Simon Thompson that !! He makes some good calls, some bad calls and some in the middle. This share will not move greatly one way or the other just because of ST. And yes he may change his view on the share, So what he is allowed to do that ! Everybody changes their view on shares otherwise they would'nt buy or sell them. IMO Netplay offers a secure and growing income, a steady if unspectacular growth profile and is generating loads of cash. 11 to 14p should be a good entry point on a 2 to 3 year view. The point of consumption tax is overplayed and is probably costing the share price 2 or 3 p at present
What does ST say ? Can you share article? I'm concerned POC tax will leave zero profit and obviously a new CEO .
Simon Thomson article today still positive with price target of 28p and possible return of cash to share holders
why would I be at a loss? ...I've traded to profit plus modest free carry ....the risks mount...and beware ST switching to sell (like on nbu)...unless he has already
I am still long on NPT though I am wondering what has to occur to get the price back to 20p....I am really puzzled by this situation. Growing, in the gaming/ mobile space, generating cash, paying a dividend, proven business model...hmmmm.
must be fine...NOT ...try adjusting pe to treat future tax properly ...gl
Forgot to say the pe of 5 net of cash is only for the first six months profit
Not the best of results but looking further into them they don't seem terrible still trading on a pe of 5 after cash at this price and still expecting to meet full year forecasts will hold on and can see it it being a positive article from Simon Thomson today
of course you are right that we all make mistakes..I find paid tipsters (I guess he is paid...apologies if he works pro bono) difficult... ... they are consonant with pervasive, dangerous and longstanding features of society: celebrity, gullibility, "leadership", lack of independent thought ...THINK folks...don't expect to spoon fed "truth"...it is hard, but there are no shortcuts
Not the first time ST has got it wrong. I bought Iqe and that slumped. His mea culpas appear in the online edition of IC and not in the magazine. It just shows how difficult it is to analyse company risks going forward.
...well make your own minds up... ... I would suggest a hard hat
"The Group continues to believe that POC is a manageable challenge and ultimately creates an opportunity for Netplay."
and regulatory headwinds increasing imv ...to have drop in profit before the challenges kick in bodes poorly... ...wonder what the guru ST will say...mea culpa?? ...doubt it lol ...
Profits down but Divi up Net revenue up but EPS down. A bit of a mixed bag, I don't think the market will like it too much but we have a new CEO so I would say the future can and will be brighter
H
What's everyone think?
All gaming stocks will go through the roof if this is delayed or cancelled. Amazing news. The impending introduction of a Point of Consumption (PoC) tax has hung over the gambling sector in recent months but, as Harriett Russell reports, a potential legal challenge has raised hopes that its introduction could be delayed, or even aborted.
Strange that there hasn't been any reaction to the share price as a result of this. The first steps to fight the introduction of a new gaming licenses and a 15 per cent gaming duty were taken last week. The Gibraltar Betting and Gaming Association (GBGA) has filed a legal challenge against the law which aims to introduce a new gambling licensing regime and a brand new 'Point of Consumption' (PoC) tax in the UK. The new regime will target offshore and overseas-based gambling companies which generate a chunk of their revenues from online customers in the UK. As soon as October, foreign companies will be required to obtain a licence from the UK Gambling Commission to offer their services in Britain.The new tax, due for enforcement in December, will tax all revenues generated in the UK by 15 per cent - effectively taxing the gambler rather than the company - making it harder for offshore companies to avoid the costs associated with such levies. According to the British government, the intent of the new law is to protect consumers and force gambling companies to operate more responsibly. But the GBGA said the law would cause players more harm. It claims the absence of "effective supervision and enforcement" as well as "burdensome regulatory requirements" will encourage the growth of, and migration to, "unregulated or poorly regulated operators" which will present "genuine risks" to the British consumer. What’s more, the GBGA’s chief executive Peter Howitt believes the new regime is designed purely for "economic reasons": to grant UK-based operators a competitive advantage over those from overseas. It’s this objective, the GBGA’s counsel argues, which makes the new tax illegitimate and unlawful. Furthermore, the GBGA has accused Britain’s Gambling Commission of persuading the UK government it should be the global regulator of the gambling sector, an industry the GBGA warns is "highly technical and complex". The GBGA first announced its intention to fight the new tax in March. But not every gaming operator within the GBGA is against the new regime. While 20 of its members are supposedly taking up arms, high street bookie William Hill (WMH) has distanced itself from the challenge. Others, like 888 (888), have said they will join the fight but admit it wouldn’t be a catastrophe if the new law came into being. Analysts at broking house Numis agree with the GBGA. The most compelling argument, they believe, is the lack of protection for consumers. Numis predicts the GBGA’s challenge will succeed via an expedited hearing, and the new law will not be introduced on time or as planned.
When are the results due ?
A lot of people will be waiting for results on this one before getting in, getting excited