Waltech The only online legal betting for USA |
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Waltech The only online legal betting for USA |
 Nov 24 2005, 12:53
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#31
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Group: Members Posts: 9888 Joined: 19-August 04 Member No.: 51  |
Indicative float date for Trident of 10th January. Very good news should not be long.
 From this is money: Trident Company Description Isle of Man-based Trident is a sports betting and gaming technology company offering a peer-to-peer sports betting network BetBug and online sports book operator Gamebookers. IPO Details Issue Date 2006 Prospectus n/a Issue Price n/a Lead Broker TBC Market Cap £100.00m Contact Tel TBC Method Placing Sector Leisure & Hotels Market Aim Amount Raised £30.00m Trident AIM PL 100.00 / 30.00 10-Jan-2006 Internet gambling -------------------- Success is the ability to go from one failure to another with no loss of enthusiasm
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Dec 14 2005, 14:09
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#32
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Group: Members Posts: 9888 Joined: 19-August 04 Member No.: 51 |
With the Trident float scheduled for Jan 10th, shareholders should receive some very good news by then - and hopefully sooner!
-------------------- Success is the ability to go from one failure to another with no loss of enthusiasm
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Jan 19 2006, 13:45
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#33
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Group: Members Posts: 9888 Joined: 19-August 04 Member No.: 51 |
Looks like the trdient float has been delayed and a frankly disappointing announcement from the company today so the Trident stake might not be quite as exciting as we all thought?
It was valued at 4 million in the accounts if I recall, but 10% of the stake has raised 250k. If trident had been valued at 100 million unless I have my numbers wrong the stake might have been worth 8 million. it may be the rest will raise better figures but they might be better to keep it until Trident floats and the market might mark up the shares as the sector is still hot. 'The Board of Waltech announced on 4 November 2005 that it had received a number of approaches from third parties interested in acquiring part of its shareholding in Trident, the unlisted global online gaming company specialising in sports betting that recently acquired Gamebookers and BetBug. The Board is pleased to announce that it has sold GBP250,000 worth of shares which represented approximately 10% of Waltech's holding in Trident, thereby realizing a profit of GBP242,308.' my adice to others would be to sell, doubly disappointing as it is one of my Saucepan comp picks! :*) -------------------- Success is the ability to go from one failure to another with no loss of enthusiasm
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Jul 20 2006, 11:38
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#34
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Group: Members Posts: 9888 Joined: 19-August 04 Member No.: 51 |
Bring this one up because the thread heading shows that this might be one gambling stock worth a look. Waltech have a substantial stake in Trident Gaming which is still due to float this year and I would have thought they now have an ideal sales pitch!
My one concern remains management, whose track record is less than inspiring, but they might be looking at an open goal here! -------------------- Success is the ability to go from one failure to another with no loss of enthusiasm
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Apr 4 2007, 21:43
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#35
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Group: Members Posts: 66 Joined: 14-January 07 Member No.: 3082 |
has their been any updates on this stock??, as i notice betbug.com site has been taken down more or less..
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Apr 5 2007, 07:00
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#36
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Group: Members Posts: 9888 Joined: 19-August 04 Member No.: 51 |
The last I heard was that PRTY acquired Gambookers from Trident; since then all has gone quiet.
I am told it wouldn't be the first time this management have missed an open goal! -------------------- Success is the ability to go from one failure to another with no loss of enthusiasm
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| Lo-Fi Version | Time is now: 7th September 2010 - 23:40 |
