posted
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.
Posts: 309 | Registered: Nov 2004
| IP: Logged |
<eric>
unregistered
posted
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
IP: Logged |
posted
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.
Posts: 309 | Registered: Nov 2004
| IP: Logged |
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...
Posts: 1013 | Registered: Jul 2005
| IP: Logged |
posted
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.
-------------------- Organizations are perfectly dezined to get the results that they get. Posts: 190 | From: Houston,Tx | Registered: Jan 2005
| IP: Logged |
posted
float is number of shares publicly owned and available for trade. restricted shares minus O/S = float
Posts: 38 | Registered: May 2005
| IP: Logged |
posted
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.
Posts: 38 | Registered: May 2005
| IP: Logged |
-------------------- Organizations are perfectly dezined to get the results that they get. Posts: 190 | From: Houston,Tx | Registered: Jan 2005
| IP: Logged |
posted
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?
posted
forget my first post I got in instantly. Scottrade was just slow about letting me know.
Posts: 46 | From: kENTUCKY | Registered: May 2005
| IP: Logged |
posted
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.
Posts: 188 | From: MISSOURI | Registered: Jul 2005
| IP: Logged |
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.
Posts: 1533 | From: jacksonville, nc, usa | Registered: Dec 2004
| IP: Logged |
posted
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....
Posts: 1533 | From: jacksonville, nc, usa | Registered: Dec 2004
| IP: Logged |
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
Posts: 1533 | From: jacksonville, nc, usa | Registered: Dec 2004
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
