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L/link

Posted: Tue Mar 25, 2008 7:45 pm
by psxcity
just had a chat with a m8 of mine still working with em and he says they pulling out of all public houses and just doing the lbo's

Posted: Tue Mar 25, 2008 7:51 pm
by YoungKai
are they bollocks. why on earth wouuld you give up easy money for no reason, i think your mates pulling your plonker :)

Posted: Tue Mar 25, 2008 7:53 pm
by psxcity
doubt he was considering he had it in writing and wanted me to give him a job!!! But will hold judgement till i see the memo which was relating to cat c machines

Posted: Tue Mar 25, 2008 8:01 pm
by Scott
i know a LL employee, i think he is quite high up so i'll mention this next time we speak.

Posted: Tue Mar 25, 2008 8:04 pm
by Mattb
Well they are out of a lot of wetherspoons now. One here and others i know are gamestec, so maybe its not lies after all. Contracts expire then move?

Posted: Tue Mar 25, 2008 8:20 pm
by Weyland
It's certainly true that they (or rather, their owners IGG) are thinking about it...

http://uk.biz.yahoo.com/080314/214/hvhr2.html

And here's their share price for the last month. You can probably see the day they announced this "strategic review".

Posted: Tue Mar 25, 2008 8:24 pm
by psxcity
plus u dont think this companies actually make money!! they are down -54.27% this year and made a loss in the last 3!!
Gamestec no better off made a loss of over 1mill last year

Posted: Tue Mar 25, 2008 8:32 pm
by YoungKai
meh, if they keep giving we'll keep taking :D

Posted: Tue Mar 25, 2008 8:32 pm
by YoungKai
oops :o ops:

Posted: Tue Mar 25, 2008 8:35 pm
by Mattb
I'm willing to bet this years spate of emptiers (especially DOND) and the notey scams have nullified any good profits they were hoping to make. Add to that paying engineers etc and you can see why they are struggling. Wonder what the future holds then chaps?

Posted: Tue Mar 25, 2008 8:42 pm
by Weyland
Video!

Posted: Tue Mar 25, 2008 8:48 pm
by jeffvickers
70%, No +6 on 50p play!

Posted: Tue Mar 25, 2008 8:48 pm
by mr lugsy
if you read coinslot (the trade mag) then youll know that inspired (who own LL) are indeed pulling out of pubs they intend to keep LBOs and multisites such as butlins and havens though.

Posted: Tue Mar 25, 2008 10:36 pm
by flashback
Whats gonna happen then, if it's a loss making division then who would want to buy it? Sceptre/Crown perhaps lol..

Posted: Tue Mar 25, 2008 11:00 pm
by jeffvickers
Bring back £25 machines. Average mug punter won't throw loose change into most garbage now.