This one could see 2-5 in short term from what im hearing, online gaming becoming huge business.
aimho
Posted by <eric> on :
i strongly believe in the business power of internet based gambling.
do you know of their competitors, if any are public? i cannot seem to find any.
thanks
Posted by pirateofwallst on :
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=pggg&sid=0&o_symb=pggg&freq=1&time=5
Posted by pirateofwallst on :
erik the thing about ipos> PGGG Huge industry, looks like this ipo could see a run to dollars, thats the beauty about ipos just no telling how high they will go. No past technicals to work from, so sky is the limit.
looking on valuations and dont think much competition.
Posted by <eric> on :
thanks for the reply. i feel like an idiot asking all these questions but from reading that chart it seems like just july 6th was the IPO, is that correct? i want to make sure to get in on this early
I visited there website and am extremely familiar with the tech side of this application; i see that there app's aren't the greatest but still believe in the growth potential, purely based on my overall perspective of the i-gaming industry.
i read that they currently only license their software to europe/africa, etc.; with their main buying power being europe, but unfortunately as big of numbers that they do in europe, it isnt nearly to what the carribean i-gaming companies pull in from the US.
on a positive note - with the talk of disallowing US banks to make gambling related money transfers for customers that gamble with offshore accounts, that may have no affect on this company in the long run. either way it should be a win-win, in my opinion considering that it is "broker-neutral" in a sense.
sorry for the ramble but i am excited about this stock. im going to try get as much information on their contracts as possible. if you find anything else, lets please keep this updated
this could be a great find, thanks again
Posted by pirateofwallst on :
Yes eric the funs just starting, Ipos have no ceiling which makes trading them a real experience. There is no past price history to cause resistance.
Posted by Oh_Well5 on :
Wow low float...Nice pick Pirate..
Estimated Market Cap: 17.939M as of 2005-07-07 (based on Outstanding Shares as of 2005-06-21)
Authorized Shares: 100,000,000 as of 2005-01-31
Float: 5,333,000 as of 2005-06-21
Number of Shareholders of Record: 125 as of 2004-12-31
Posted by eric23 on :
could you explain what the float is exactly, and how lower is better?
(newbie here)
thanks
Posted by eric23 on :
nevermind, its understood now.
but if the float is low like this, it would be advisable to jump on it early, correct? seems like if the supply is limited the demand may increase in time...
Posted by MO on :
I just got home from work, I got an Fax from superstock smallcap report.They fax once a week stock picks they promote stocks. price target 5.40 in 2005 but thinks it will hit in 3 months or less,9.00 in 2006 and 13.60 in 2007. (this part I know nothing just copying it) P/E ratio of 4 based on earnings of 4.2 mil and a $1 pps says most gaming online co. have a P/E rating of well from the 4 it has showing 35,28,19,and 78 so they used a conservative P/E of 20 to figure f thier target price with an medium earnigs of .27 a share. says it takes 10 days to build 1 functioning gameing site and at full capacity it could generate up to 10 mil dollars. they take an average 30% of that for all the handleing fees,liscences and stuff. nice little profit and they can build up to about 30 per year netting them 4.2 mil for all of those if they are at full capacity.
Posted by dirtdigger on :
float is number of shares publicly owned and available for trade. restricted shares minus O/S = float
Posted by eric23 on :
thanks for the reply.
i have a strong feeling about this stock as well, but i am new to the market and hope it isn't "too good to be true"
who is jumping on board long term?
Posted by dirtdigger on :
that's the quintessential element eric23, cinching up that float and going long is one of the bullish possibilities. just who is on this bull ship we have boarded. I'm hearing a lot of smashing around in the captains quarters. Sounds like a jolly ol time.
Posted by MO on :
Competitors Wpt enterprises Inc (nasdaq: WPTE)P/E 35 Cryptologic Inc. (Nasdaq: CRYP)P/E 28 Shanda Interactive (Nasdaq: SNDA)P/E 19 Webzen Inc.: (Nasdaq:WZEN)P/E 78
Posted by eric23 on :
I reviewed all of the competitors websites and I think PGGG can be good. All of the comp. specializes in one thing or anyother but it seems like PGGG offers all casino games, poker, and a sports book - unlike the rest. Now, if they are a legit stable company, who knows...but in theory this sounds great.
Two newbie questions, I apology beforehand... dirtdigger - I am assuming your last reply was referring to PGGG positively right? Sorry, lol
MO - The P/E ratio's that you noted are significantly higher. That makes PGGG's lower PE look good, correct?
Thanks again
Posted by dirtdigger on :
yes, very positive
Posted by eric23 on :
in at 1.25
Posted by xeo on :
How can I purchase IPO? Are you trading IPOs the same as you trading public stock? What is pros and cons in trading IPO? Thanks,
xeo
Posted by eric23 on :
I believe its available to trade now just like any other stock
Posted by eric23 on :
..just picked up some more
Posted by Homer J. on :
I am trying to get in @ 1.31 No luck so far though.
Posted by Homer J. on :
forget my first post I got in instantly. Scottrade was just slow about letting me know.
Posted by eric23 on :
if it drops back under 1.30 i am going to re-up again for a long term play
Posted by bmarley5780 on :
1.31x1.33
2x1
Posted by osubucks30 on :
Be careful on this one. PINKSHEETS has a warning on this one.
Link:
http://www.pinksheets.com/quote/quote.jsp?symbol=PGGG
Posted by <eric23> on :
has this happened before? what is usually the trend when pink sheets does this?
....thanks for the link, osu
Posted by A.J. on :
FOR THOSE INTERESTED IN ONLINE GAMING. HAS ANYONE LOOKED INTO THE PGGG NEW COMPETITOR "CYOS". THEY ARE GOING INTO ONLINE TEN SEAT POKER AND BILLIARDS AND A HUNDRED OTHER OF THEIR SELF CREATED GAMES. THERE ARE CONTESTS. THE ONLINE PAYMENT SETUP WAS JUST IMPLEMENTED. THEY ARE ALREADY ONLINE IN CHINA. YOU CAN SEARCH OUT THEIR WEB UNDER "CYOP SYSTEMS.COM" AND VIEW THEIR VARIETY. KEEP ME POSTED.
Posted by BuyAtBottom on :
just received fax about pggg from stock promoter.
Posted by bmarley5780 on :
this one?
Company Name: Pegasus Gaming Corp Industry: Online Gaming web site: http://www.pegasusgaming.com Stock Symbol: PGGG O/S: 15,333,000 Float: 5,333,000
Power Point Presentation: http://www.pegasusgaming.com/slide.pps
Online gaming A HOT SECTOR
Online gaming is one of the fastest growing industries and the No. 1 buzz on Wall Street. The wide accessibility of the internet, with no physical or geographical barriers, has expanded the playing field to include people of all ages and social and economic backgrounds.
Analysts forecast online gaming revenue will rise to $22.7 billion by 2009, from $8.2 billion in 2004, representing compound annual growth of 22 percent.
PartyGaming began its IPO trading session last June with a $10 billion market cap, making it one of the UK's largest public firms. Meanwhile, betting heavyweight Sportingbet just recently bought poker site Paradise Poker for $ 300 million, the site was launched in 1999.
The positive market reception of PartyGaming will undoubtedly spur other Internet gaming firms to push ahead with public listing plans. There is no doubt, intelligent Investors will look for already publicly traded e-gaming companies trading at basement bargain prices.
Pegasus Gaming Corp (OTC: PGGG) stands to reap the benefits of these gaming trends.
"As Microsoft Windows is the operating system of PCs, Pegasus Gaming (OTC: PGGG) is the operating system of Internet gaming sites."
PGGG builds and licenses complete turn-key online gaming solutions accessible via the Internet and Mobile devices. Sports Betting, Casino, Horse Racing, Multi-Player Poker and Mobile Casino platforms are all managed by a complete back office system that operates the entire e-Commerce transactions, gaming websites, accounting system and licensees' management/reporting platform that is second to none, freeing up the gaming operators to focus on marketing and cash flow generation. This cutting-edge technology along with an aggressive marketing effort will launch PGGG into a leadership position in this enormous market
REVENUE & EARNINGS:
PGGG generates revenue from building complete turn-key gaming sites as well as collecting licensing fees that equal 30% of the net income generated by client's site. The company projects that these gaming companies can earn $1 million in the first year of operation and grow 20-25% sequentially every year. The company can build one fully functional production gaming site in ten days, which represents around 30 new licenses, at top production capacity that could generate income of $9.9M on a yearly basis. Low estimates (12 licenses) could generate $4.5M net income or $0.30 EPS.
PRICE TARGET & VALUATIONS:
The price target and valuations have been determined using fundamental analysis (earnings projections and price/earnings ratios)
PGGG has a forward P/E ratio of only 4 based on earnings of $4,2 million and a $1 pps.
P/E Comparison: Wpt Enterprises Inc (Nasdaq: WPTE) forward P/E 35 Cryptologic Inc (Nasdaq: CRYP) forward P/E 28 Pegasus Gaming (OTC: PGGG) forward P/E 4 Shanda Interactive (Nasdaq: SNDA) forward P/E 19 Webzen Inc (Nasdaq: WZEN) forward P/E 78 If we apply a very conservative P/E of 20 with medium estimates of $0.27
Earnings per Share, the PGGG Price Target would be $5.40 in 2005, $9.00 in 2006 and $13.60 in 2007, representing potential gains from 440% to 1.260%
WHY SHOULD YOU BUY PGGG?
- An undiscovered gem trades at the IPO price in an extremely hot gaming sector. - Great potential for share price appreciation compared to its growth potential; PGGG could rise to $5.40 per share in the next 3 months. This would represent near 440% increase over today’s price. - Highly profitable business with little overhead - Proven business model benefits both bottom line and shareholder value.
FINAL WORD
Today, the e-gaming industry is at the early stage of a major boom. PGGG is in its infancy relative to where it could be by the year-end. With the technology, business model and potential of Pegasus Gaming Corp (OTC: PGGG), the company is looking to gain meaningful traction and experience significant revenue/net income growth in the next few quarters. Management is committed to capture a major share in the e-gaming sector and increase shareholder value.
Savvy investors who invested in Microsoft, EBay, Yahoo, Travelocity or any number of successful technology companies in their early stages became millionaires from original investments of less then $5,000. Such are the gains possible when one finds the right company at the ground floor level.
disclaimer: I am not a registered financial advisory. The information presented here is not an offer to buy or sell securities. Penny stocks are considered to be highly speculative and may unsultable for all but very agressive investors. I may hold positions in the stock and may buy or sell at any time, which may affect the share price. The target price was determined arbitrarily and may fluctuate, please always consult a registered financial advisor before making any decisions.
Posted by BuyAtBottom on :
no-mine was different. also disclaimer had that they had received shares to write the report
Posted by bmarley5780 on :
I think with that warning on Pinksheets maybe they havent received that form yet since they just IPO'd a few days ago...
just a thought....
1.33 x 1.34 1x1
nite is at 1.35 i wonder what QUIN will do since he has been sellin all this time....
Posted by eric23 on :
im just curious - how come the bid is at 1.33, ask is at 1.34 but the stock is listed with a value of 1.32?
does that make sense?
Posted by bmarley5780 on :
hmm- cant answer that question
but 1.34x1.35 2x1
35k Pre Market VOLUME
LOL_---
and NITE is sitting at 11.4 ont he ask!!!!
SHEEEEEEEEEEEET
Posted by bmarley5780 on :
NEWS
Pegasus to Offer P2P Multi Table Poker to Its Licensees Jul 12, 2005 9:55:00 AM Copyright Business Wire 2005 PHOENIX--(BUSINESS WIRE)--July 12, 2005--
Pegasus Gaming Corp. ("Pegasus") (Pink Sheets:PGGG) (http://www.pegasusgaming.com), is pleased to announce that the company has completed testing and integration of a P2P Multi Table suite of Poker card games. The games offered include Texas Hold'em, Omaha, Stud and several games which are offered in Asian markets. These products are to be added to the suite of Internet Casino Platforms and offered as an optional addition to all licensees. In addition, the licensee will be able to run tournaments and offer specific incentives to players as part of the customization of all products to their operations.
Mr. David Cheng-President and CEO stated, "With the addition of the optional P2P Multi-Players Poker platform to our licensees, the incredible popularity of Multi-Players Poker and other card games can effectively be marketed by our licensees. We would expect that with suitable marketing of this unique game suite, significant business increases will be achievable to add to the already high revenue potential of our gaming platform."
Elsewhere in the gaming sector, with the recent successful IPO in June, by Party Gaming, operating www.PartyPoker.com, on the AIM Exchange in the United Kingdom, valuating Party Gaming at almost $10 Billion US, making Party Gaming the largest IPO since 2001 in the UK market, there is no doubt the investment community is taking notice of the explosive online gaming sector.
About Pegasus Gaming Corp.
Pegasus Gaming Corp., is an Arizona-based I-gaming software and e-commerce services company servicing clients from Europe and Africa. The company licenses a suite of online products, including online bingo, casino, sports book, and pari-mutuel betting. In addition, the company provides a state-of-the-art complete back-office management system that operates all e-commerce transactions, gaming Web sites, accounting system and licensees' management/reporting platform.
To obtain further information on Pegasus Gaming Corp., please visit the corporate web site @ www.pegasusgaming.com .
To view the corporate presentation with sound, please click on the following link (www.pegasusgaming.com/slide.pps).
The above statements in regard to Pegasus, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Chimera's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
Source: Pegasus Gaming Corp.
---------------------------------------------- Pegasus Gaming Corp David Cheng 440-445-4336
Posted by eric23 on :
re-loaded again this morning
Posted by bmarley5780 on :
nice FLIP oppertunity just now.....
goin back up now...LOL
Posted by eric23 on :
bmarley - what range are you expecting within the next couple months, if any? im contemplating flipping some or holding all long
Posted by bmarley5780 on :
next week with this pace----- 2
Posted by eric23 on :
this is going to be an interesting ride...
does the fact that pink sheets took them off their website make you nervous or may just be a technicality
thanks for relpying by the way
Posted by bmarley5780 on :
nope not at all....
and to think that this is just starting!
1.46 now !
NICE
Posted by eric23 on :
1.48, lets keep this up
Posted by <eric23> on :
closes at 1.52
but down 6% in after hours trading....what do you guys think this is for?
Posted by bmarley5780 on :
stupidity....
LOL
Posted by <eric23> on :
lol
i hope so...im going to hold strong, why not - pretty nice run so far.
any clue if they have actual clients yet?
Posted by bmarley5780 on :
Pegasus Gaming Signs First Licensee Jul 13, 2005 9:55:00 AM Copyright Business Wire 2005 PHOENIX--(BUSINESS WIRE)--July 13, 2005--
Pegasus Gaming Corp. ("Pegasus") (Pink Sheets:PGGG) is pleased to announce that the company has entered into a letter of intent for a European operator to acquire Pegasus' Turn-Key I-gaming operating licenses. The group has received a trial package of the I-gaming operating system and platforms and will initiate testing of the turn-key components to determine the feasibility of integrating these components into their existing platforms. The testing process is expected to be completed by August 15, 2005. The prospective new licensee has completed discussions with Pegasus' senior operations staff and management from Costa Rica and has received favorable opinions as to the legalities involved in operating online gaming through the Internet in their region, from their local attorneys.
Company President David Cheng commented, "The new generation of Internet operators is very sophisticated as to the use of the Internet to provide a viable robust business operation. These young entrepreneurs have been somewhat challenging for us in terms of meeting their branding and customizing requirements, but I am very pleased to report that staff and management were able to confirm that any system modifications, including software updates, would be provided on demand. Our unique Turn-Key I-gaming platforms and applications, as they are now marketed, are among the best applications available in the market space today, and we are well able to provide the technical and system modifications to meet the needs of the most discriminating of clients."
About Pegasus Gaming Corp.
Pegasus Gaming Corp. is an Arizona-based I-gaming software and e-commerce services company servicing clients from Europe and Africa. The company licenses a suite of online products, including casino, sports betting, and pari-mutuel horse betting. In addition, the company provides a state-of-the-art complete back-office management system that operates all e-commerce transactions, gaming Web sites, accounting system and licensees' management/reporting platform.
To view the corporate presentation with sound, please click on the following link: www.pegasusgaming.com/slide.pps
The above statements in regard to Pegasus, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Chimera's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
Source: Pegasus Gaming Corp.
---------------------------------------------- Pegasus Gaming Corp. David Cheng 440-445-4336 info@pegasusgaming.com
Posted by eric23 on :
1.60 within the first half hour of trading...thanks for the update bmarley
Posted by bmarley5780 on :
WOW guys!!!! THIS IS GOIN TO BE HUGE !!!
AMRE and NAUC play (right?)
CNOC owns 5 million shares of PGGG which makes it significantly undervalued here. Very similar to AMRE/NAUC if you played that similar situation.
CNOC o/s is 89 mil I just called T/A
Tradeable float was 15 mil as of Dec 31st when o/s was 75 mil so at the most tradeable float is about 30 mil shares
Should hit teens minimum
Posted by blong on :
dropping down now?!?!
Posted by eric23 on :
its at 1.50
ranging 1.40-1.60 all day...some weird jumps and dips
Posted by pirateofwallst on :
look for 2-3 short term aimho
Posted by <eric23> on :
just curious pirateofwallst - what are you basing that on? im trying to pick up as going along
thanks a lot for the original post by the way
Posted by blong on :
down 30 cents already today?????????? why
Posted by eric23 on :
such a bad day so far and they just released positive PR...hopefully we can finish around 1.35 which seems possible
anyone know why the drop though? im hoping management is legit
by the way, blong - are you on this as well or just posting?
Posted by blong on :
Im in on it too...
Posted by eric23 on :
are you holding?
i think we bounce back tomorrow. the run was due to drop back down, i guess...would have been a great sell at 1.66 and then buy again, but too late now
Posted by eric23 on :
im out - pirate, get in contact with me
Posted by Rebel_Yell on :
Filed Form 211 according to the PR firm.
"Thank you for your inquiry. Form 211 was submitted to Pinksheets.com last week and the company is awaiting comments from them.
We will follow up once Form 211 has been successfully accepted and Pegasus is quoted on Pinksheets.com."
Regards, AGORA Investor Relations
News from yesterday.
PHOENIX--(BUSINESS WIRE)--July 18, 2005--Pegasus Gaming Corp. (Pink Sheets: PGGG - News; http://www.PegasusGaming.com ), an I-gaming software and e-commerce services company servicing clients from Europe and Africa, is pleased to announce that it has received a great deal of inquiries from parties interested in becoming Pegasus licensees. In addition, the Pegasus investor relations call center was well received by investors as it handled dozens of inquiries from both current and prospective shareholders. Pegasus Gaming received a record number of inquiries (18) during the past week from parties that were interested in licensing Pegasus' Turn Key I-gaming platforms which consist of sports betting, horse race wagering and a full suite of online casino games which includes the incredibly popular Texas Hold'em Poker. These inquiries are in addition to several other firm commitments from interested parties in Europe which Pegasus is currently working on.
Additionally, the Pegasus investor relations program being spearheaded by AGORA Investor Relations has already met with great success as the investor relations call center fielded dozens of calls from both potential and prospective investors who were interested in learning more about Pegasus Gaming.
Pegasus Gaming President & CEO, David Cheng, stated, ''Thus far Pegasus Gaming has been very well received by the online gaming community as we offer a complete online suite of gaming platforms based upon superior technology and competitive price points. The inquiries that we received from potential licensees last week alone were overwhelming and serve as a great indication as to the level of awareness that Pegasus has already achieved in the industry.'' Cheng went on to say, ''Our investor relations program being run by AGORA Investor Relations is also off to a great start. We strongly believe that our shareholders are the lifeblood of Pegasus, and as such, we hired one of the top outsourced investor relations firms to ensure open lines of communication between Pegasus and its shareholders.''
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit Pegasus Gaming's IR Hub located at http://www.Agoracom.com/IR/Pegasus . Alternatively, investors can e-mail AGORA Investor Relations directly at PGGG@Agoracom.com.
About Pegasus Gaming Corp.
Pegasus Gaming Corp. is an Arizona-based I-gaming software and e-commerce services company servicing clients from Europe and Africa. The company licenses a suite of online products, including casino, sports betting, and pari-mutuel horse betting. In addition, the company provides a state-of-the-art complete back-office management system that operates all e-commerce transactions, gaming Web sites, accounting systems and licensees' management/reporting platform.
To view the corporate presentation with sound, please click on the following link: www.pegasusgaming.com/slide.pps.
The above statements in regard to Pegasus, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Pegasus Gaming Corp.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
Posted by blong on :
Dang why does this one just keep dropping???? this is horrible!!!!!! anyone else out there still have it?
Posted by eric23 on :
couple things that i noticed:
-companies area code is 440, which is for Ohio, even though they have no offices listed in Ohio. -look up the name sandy anderson, who has a bad track record and is now their corporate secretary -mario pino - ceo of grade point adverage (former name for pegasus gaming), also had some SEC problems
i sold off, a little too late, but better than having this thing fold on me
Posted by keithsan on :
just a heads up been gone, but when all the hype showed up this was a promo. don't know how it looks now but last week or 2 weeks ago it was being bought and hyped.
Promo: people are paid money or shares to generate interest in a stock. while the interest and excitemnt is generated company dumps shares into the market thats why with volume up, price down.