Re: 3rd of April I inherited these shares which my late father bought at 28p in 2004 so you should consider yourself one of the luckier ones! Currently showing a loss of almost 70% ! !You win some, you lose some.
3rd of April Just got informed by my Broker it'll all be over by the end of the Month & paid by the 3rd.It equates to a 7-8% loss on Book value for me unfortunately, but could of been worse.Alas
Re: Time for action I have also voted to reject
Re: Time for action My vote AGAINST has been registered.
Re: Time for action Further digging and I have found the9p pittance offer so will join you in voting against.
Re: Time for action Looking through the paperwork I am either going blind or senile. I cannot see how much is being offered.
Time for action I would urge all those who still own shares in Netplay to contact Interactive Investor (or other broker if applicable) via "Contact us" and ask them to make a proxy vote on your behalf AGAINST the Special Resolution to permit the sale of the company to Betsson.The offer significantly undervalues the shares of the company
Re: info Too True....I am just wondering why this hasnt had a bid to be bought off yet .... Will keep hold for now - who knows what lies ahead .. may be a speci
info ST (IC) 14 Sept updateNetplay priced to spin higherAim-traded shares in Netplay TV (NPT:9.25p) have effectively flatlined since I covered the full-year results in March ('Netplay's shares spin higher', 21 Mar 2016) once you factor dividends in the interim even though the online gaming company is expected to lift full-year adjusted pre-tax profits by 18 per cent to £2.6m and 0.95p, respectively. First-half results revealed that both underlying profits and EPS rose by 30 per cent to £1.44m and 0.52p, so well over half of full-year forecasts are already booked.Major points worth flagging up include a recovery in trading after a soft second quarter, and ongoing product investment in Netplay's business intelligence data room. This unit supports a data-led approach to marketing following the rollout of Netplay's automated predictive customer retention platform across the SuperCasino and Jackpot247 brands. Enhancements in these capabilities should help deliver improvements in customer acquisition costs and player lifetime values, while the rollout of new games content across both mobile and desktop platforms, and last month's launch of the UK's first Apple TV application which streams Netplay's live roulette products to television, should enhance the player experience. Contract renewals with both ITV and Channel 5 continue to provide its brands a high-profile presence to attract new players.The other part of the business is a B2B operation specialising in online digital marketing and formed after Netplay made a small acquisition last summer. This unit provides a complementary revenue stream to the consumer division and is trading ahead of expectations to such an extent that the acquisition was effectively acquired on just three times its forecast cash profits this year. Netplay's board is open to deploying some of its £9m cash pile on further acquisitions.Admittedly, Netplay hasn't been generating the bumper growth of rival 32Red (TTR:134p), a company I initiated coverage on at 51.75p ('Game on', 7 Jul 2013), and last advised running profits at 135p ('Spinning higher', 2 Aug 2016). However, a four point earnings gap between the two is too wide. On 7 times earnings estimates after stripping out net cash, and offering a dividend yield of 6 per cent, Netplay's shares rate a buy.
Re: Results Hi there, sorry to be frank about your wording (I am a Netplay TV Holder too!) - it's hardly a tie-up with Apple at all, it's just a developed app on their App-store platform, specifically for TV. Which is a pretty small user-base, smaller still for those who wish to gamble on a on-demand TV device. So personally, I think it's a pretty random market to develop for. Having said that, it's probably developed by Playtech, not Netplay themselves. Secondly, I admit it's an expanding market base.As for the rest of the results - yes! They do look good. I'm still very miffed they've never updated their phone apps.
Results The results were interesting and overall quite good, the tie up with apple is interesting too!!
Re:Results timings They came out at 7.00am, iii are always slow in putting them out, the same is the case in thalassa another of my out of favour stocks
Result timings? Anyone aware of the Interim result timings on this ?
special dividend My broker says they have not received the special dividend yet, anyone else in the same boat?
Re: Capital Consolidation Just seen this. The consolidation is to equalise the effect of the special dividend. You will have slightly fewer shares following the consolidation, and the intent of it is that the share price will not move when the special divi is taken into account. Therefore your capital value of your holding will reduce by 14/15ths, but the difference is the same amount as the special dividend you receive. Net net leaving you in the same position.Thats the arithmetic. Then wait for the market to tell you whether it worked!