CIL - Centrebet International

[yogi-in-oz]

Hi folks,

Centrebet float, with proposed code ..... CIL:

IF CIL lists on 12072006, then we may expect
the following anticipated sentiment swings,
in this stock over the months ahead ...

In June 06, before listing, we may
get CIL news on:

21062006 ..... minor

26-27062006 ..... 3 minor and positive cycles.


On ASX listing:

12072006 ..... intraday negative - minor cycle only.

21-24072006 ..... minor and positive (financial???) news.

27072006 ..... negative spotlight on CIL

28072006 ..... significant and positive cycle here.

14082006 ..... negative news???

16082006 ..... negative and finance-related ???

28-30082006 ..... 2 cycles here, bringing a positive
positive spotlight and news fro CIL???

08-11092006 ..... aggressive and positive cycle here.

15092006 ..... minor cycle.

27092006 ..... minor.

More later .....

happy days

yogi

 

[ilanklev]

centrebet

Can anyone confirm that this IPO is oversubscribed?
And also how does everyone think it will go!
I have heard from big traders

1) It is Oversubscribed
2) And it will list at a healthy premium

 

[Garpal Gumnut]

Where to now?
Technically some support 1.96 to 1.98.
Fundamentally was oversubscribed.
Garpal

 

[Garpal Gumnut]

CIL Centrebet

I hold shares in this stock and am very pleased to see its upward movement over the past 2 days. Its gone up 40c from 1.85 to 2.25. Anyone else out there following it or holding?

 

[scsl]

Re: CIL Centrebet

I hold shares in this stock and am very pleased to see its upward movement over the past 2 days. Its gone up 40c from 1.85 to 2.25. Anyone else out there following it or holding?

Hi Garpal, it's on my watchlist but I don't hold.

It's had an interesting six months since its IPO in July 2006. For a stock that was heavily oversubscribed, it was suprising to see it reach a low of $1.90 during its first day of trading and closed the day at $2.00 - the offer price. The sp then made its way down to a low of $1.60 in October and then rebounded, spending the last two months consolidating at above $1.85. In the last two days, it's raced up 22%.

Why? A positive trading update for the half year to 31 Dec issued on the 23 Jan shows that CIL is likely to beat prospectus forecasts, with more than 50% of full year revenue, EBIT and NPAT forecasts already generated. It states that the second half of the financial year is 'historically the company's stronger half' - so it's easy to see why it's been bought up.

Next date to look out for is 22 Feb - official half year figures and commentary and explanations from management.

 

[Garpal Gumnut]

Thanks scsl, thats about all I know about CIL as well. GG

 

[fonterra]

Is anyone here still following this stock?

CIL was mentioned in afr on 22/01/08 for its defensive nature. Its trading on a PE of 12 and pays a good div.

SO it would be considered quite a safe and growth stock for the current volitile market.

From the chart, it seems to have the floor at $1.8, so there should be more upsides from here.

What are some of the thoughts for CIL?

 

[jovan]

Here are my thoughts on CIL (don't own as yet).

The business model is a simple one. Great cashflow and (as with most gambling stocks) - a great time to buy is when the win rate falls off - its bound to rebound to the "average" win rate.

As mentioned, nice P/E ratio and div. yield at current prices, but this is a growth stock. Here's why:

- Mobile betting is going to be huge. We went from TAB's to online gambling, now to mobile gambling - won't be long till a pure "mobile gambling" stock lists as well IMO. Mobile phone gambling makes it even MORE easier to place bets, meaning more bets, more $. I can foresee some govt. restrictions and ethical issues here though.

- Affiliate program. They already have 30% of new clients through their affiliate program. I do affiliate marketing for a living as do thousands of people all over the world - this is only going to get bigger.

- Online games. Making applications where you play games and bet on them. Gonna be huge.

- Cross selling opportunities.

At $1.60 this is a buy in my opinion. Great little company.

 

[jonnycage]

at $1.30, thinking this is solid buying. GG and team anyone picking any up
at the moment ? ive been watching for a year or 2 now, might be time to buy

jc

 

[Dangerous]

at $1.30, thinking this is solid buying. GG and team anyone picking any up
at the moment ? ive been watching for a year or 2 now, might be time to buy

jc

Thought that at $1.15 purely because of div yield and knowing the company as a customer - they're a few hundred bucks up on me so times a few hundred bucks by all their customers...

I notice Richmond are running around with Luxbet on their back and also noticed a Centrebet banner at another event - with Govt's keen to keep sport going they seem to be relaxing gambling laws, so the regulatory risk that company's like Centrebet face are becoming less of a worry.

Downside, is not much liquidity in trading and as i recall only about $6M in cash at bank (would like to see that higher). further to this minimum phone bet is now $20, which i think will lose business. However, i'm sure they did their research before this change.

Decent stock to own in a defensive industry paying a 6%ish dividend

 

[jonnycage]

been hovering around the $1 mark now for a bit,
got in at a 95cent average. anyone following this one ?

j c

 

[jonnycage]

up a good 20 percent over the last week, 1.22 at present and climbing

anyone following this one ?

j c

 

[kenny]

I noticed the stock purely on a dividend yield scan and looked further to see how sustainable it might be. Don't know much about their longer term prospects but Merrill's seems to like them.

Cheers,

Kenny

BA-Merrill Lynch rates CIL as Buy, High Risk 25/08/2009 05:29PM
CIL - Centrebet International Ltd
There were no surprises in the FY09 result, says Merrills, who notes that net profit came in at the upper end of management's $10-11m guidance.

The broker thinks a strong platform is in place for in FY10 and is pencilling in a 20% increase in net profit. The Buy call is maintained.

Target price is $1.75 Current Price is $1.06 Difference:$0.69 - (brackets indicate current price is over target). If CIL meets the BA-Merrill Lynch target it will return approximately 65% (excluding dividends, fees and charges - negative figures indicate an expected loss).

The company's fiscal year ends in January.

BA-Merrill Lynch forecasts a full year FY10 dividend of 10.50 cents and EPS of 14.70 cents. At the last closing share price the estimated dividend yield is 9.91%.

At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 7.21.

Market Sentiment: 1.0

 

[ROE]

I like what I see so far

I went and open up an account, it's fast easy and hassle free
deposit the money $100 (hassle free)

I use the $50 Free bet ..works as promise
http://promos.centrebet.com/affiliates/freebet/index.en.au.html?btag

I withdraw $30 (hassle free)

I place a bet using both iPhone and Computer, nice real good platform

I write to the help desk for help..I got a reply back in 5 minutes
far far exceed my expectation, solve all my made up problems

I'm not really a gambler but I punt on Melbourne cup and NRL finals I previously have online betting account with some other people and
centrebet by far kick ass all other platform plus their deposit and withdraw are just unbelievable easy(no paper work all done online), the other mobs you got to fill in tone of paper work and fax or send back ARGGG

Centrebet is my platform of choice now and I can punt a lot more money
on the business than on my pocket change betting account

Uncle Con has a big stake in the business like Uncle Turner Flight Centre and Uncle Reg from Cabcharge ...all good news ..now how much should I put into this business ..

 

[UMike]

Put in my bid at $1.125 and I'm next in line.

Not really a better outside the mkt but willing to take a punt on this one.

Divi seems resonable and stable.

Possible upside for more market share ongoing.

 

[jonnycage]

punted big on this one around the $1 mark, and as you
said good dividen, upward trend and possible growth, i like em anyway lol

j c

 

[jonnycage]

having a great run at present, breaking into the 1.50 range today. is it just
confidence coming back or a yet to be released announcement : )

j c

 

[ROE]

love the new game
I'm going for a quick punt

http://news.smh.com.au/breaking-news-business/centrebet-to-gamble-on-spasx-200-20100308-przq.html

 

[jonnycage]

anyone see upside above the 1.50 mark on this one ? got closer to the 2 buck mark, now hovering : )

j c

 

[davideric]

any more news on takeovers ...i wonder if with the world cup betting will give it a boost in revenues