GGK

A happy holly day to all long term holders of GGK.

It seems the mm's have sorted out the volatility issue with this share at last. Higher volumes have been traded recently but we have not seen the enormous & unsubstantiated ramp in price only for it to crash back to earth. It suggests the mm's are holding more stock & that they consider GGK less risky than say a year ago. This is hardly suprising on the back of GGK's latest results which are finally showing signs of real growth and controlled expenditure. It would be nice to see corporate costs reduced but a large chunk of this is AIM listing fees.

With the gaming scene set to change over the next 12 - 24 months we should see smaller players grabbing greater market share & I believe GGK with its increased & tangible club presence is one such company that is well placed to do it.

GGK is in talks with Pub Group operators and successful outcomes of these could well see GGK terminals / lottery outlets in pubs nationwide - this would be an exciting development & I look forward to reading such an RNS.

Consolidation is likely to become an issue as the market heats up & I think there are possibilities that GGK could become a target for a predator that wants the ground it has taken with its recent aquisition of Kelly's Eye. Alternatively, GGK may want to increase its on-line presence. Whatever, I think 2006 will be an interesting year for gaming stocks.

As I post this, current spread is 1.8p - 2.05p.