GCN 0.00% 0.7¢ goconnect limited

sms to provide revenue, page-4

  1. 652 Posts.
    re: sms to provide revenue- stockdoctor earlier comment from ozequities..

    Comment by Ozequities

    *GoConnect cracks the China market ..
    GoConnect is up .9c to 8c on 2.2m shares with parent Sino Securities up 38c
    to $2.28 on nominal turnover after yesterday's impressive announcement of a
    technology licensing agreement for subsidiary GoTrek which means The Lucky
    Channel will be broadcast nationally within the PRC over analogue TV via
    satellite, digital TV via cable, Internet TV via GoTrek and mobile TV via
    m-vision. The Lucky Channel has the exclusive right to deliver lottery and
    keno results, interactive game shows and sports content nationally. The
    agreement between Horizon and GoTrek is based on revenue sharing, which
    could be worth $1 per share to GCN, in time.
    Meanwhile, the India deal is believed to be in pilot trials and an
    announcement that it is going live with Mumbai film footage and other
    material could be imminent.

    And this has been posted here as well

    Intro to DJ Carmichael Research Report

    IF GCN secured the golden goose ? what is GCN ??

    And that is My obsevation.... motorway..

    DJ CARMICHAEL.... My ******* added !!!

    CARMICHAEL
    RESEARCH
    SINO SECURITIES INTERNATIONAL
    INITIATING COVERAGE

    Sino Securities (SSI) has prioritised its investment focus to become one of the leading
    gaming companies in the Peoples Republic of China (PRC), an opportunity that was
    **************borne from its 52% investment in GoConnect (GCN), a telecommunications company.*************
    In 2004 the technology housed by GCN attracted the interest of China Entertainment
    Holdings Ltd (CEH) a company that holds gaming permits in PRC, a highly regulated
    market. In May 05, SSI entered into an agreement with Best Winning Investment Ltd
    (Best Winning) to acquire 100% of its wholly owned subsidiary, CEH through a
    prospective placement, which in turn gave SSI a foothold in the lottery and keno
    agency business in the PRC. We believe this investment places SSI at the forefront of
    becoming a major player in the China gaming industry.
    CEH is expecting to roll out 750 gaming permits across Shanghai over the next six
    months, with Keno expected to be officially launched in PRC by end July 05. Welfare
    lotteries (government agency), which represent approximately 60% of PRC’s total
    lottery sales, grew 13% from 2003 to 2004, generating revenues in excess of RMB22bn
    (A$3.58bn). Therefore with over 33m people in Shanghai city alone we believe Keno is
    likely to significantly boost the revenue generated from the gaming industry in PRC.


    SSI shareholder update and info pack should give us a lot more...........In the meantime get a copy of this research report........


    HC members should be very very aware of GCN / SSI

    HOW long has SSI been listed ? Has it shown it can do ?
    How has it's capital base changed since 1987 ??

    Must have been doing something very very right ??

    My view and opinion

    motorway
 
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