seeing outsider there reminds me of......
GMC
gaming corp are invested in all the most explosive growth markets - online marketing, online gambling & mobile services. the rest of the sector has caught on fire whereas gmc has been trading sideways for a long time despite outperformance. i guess the rise from 1p (when HRH outsider was tipping it) has left a lot of profit to be taken...
a lot further to go imo if the growth continues at these rates.
"Broker Reports:
- Teather & Greenwood 29-11-05 STRONG BUY
- Canaccord (house broker) 23-11-05 - BUY. Target 25p
- Arbuthnot Securities 20-10-05 STRONG BUY. Target 21p
- Dryden Wealth Mgt 29-06-05 - BUY
- Daniel Stewart 03-05-05 - HOLD
- Link to Canaccord initiating coverage 16th May 2005:
Highlights from final results 22nd November 2005:
- Gross profit increased over 200% to £2.7m (2004: 0.9m)
- Second half net pre-tax profit of £0.8m (First half loss £0.05m)
- Mobile gaming ahead of forecasts, generating £19k profit during initial soft launch
- GMC continues to dominate the on-line gaming portal market
- Operators now pay substantially more to acquire customers from portal network
- Gambling.com now fully integrated and exceeding expectations
- Business very well positioned to generate significant profitable growth"
