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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ladbrokes | LSE:LAD | London | Ordinary Share | GB00B0ZSH635 | ORD 28 1/3P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 133.60 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 133.60 | GBX |
Ladbrokes (LAD) Share Charts1 Year Ladbrokes Chart |
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1 Month Ladbrokes Chart |
Intraday Ladbrokes Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 24/2/2020 | 05:45 | Ladbrokes - Time for a punt | 1,979 |
| 02/1/2015 | 13:50 | *** Ladbrokes *** | - |
| 12/8/2014 | 16:08 | Ladbrokes (LAD.L) : Sell into strength | - |
| 24/7/2014 | 19:05 | Ronnie Chopra ays to BUY & HOLD in Ladbrokes (LAD) | 6 |
| 19/3/2014 | 17:32 | LADBROKES......high yield and capital growth ! | 3 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 11/10/2017 19:30 by woozle1 there's another bb with lcl and this is the old lad site. My guess is that the merger premium is low and still waiting for the outcome of the review. I keep hearing the swish of the long grass and think that the Treasury will not be looking to take a big haircut on gambling earnings ahead of Brexit and, without wanting to sound too cynical, I can't imagine the lobbyists and the gamblers either vote Tory or bother going to the ballot box! If Cameron was in charge there'd be bigger chance but this bunch seem more interested in retoxifying the Tory brand and are more Thatcherite. |
Posted at 13/12/2016 17:19 by septimus quaid Share price up and down like a yo yo |
Posted at 14/8/2016 17:12 by value king Jolly quiet here considering the current news. My LAD shares are on a rocket to the moon and nobody talking about it. |
Posted at 08/3/2016 09:07 by 3rd eye LAD LadbrokesThey say Bookies are defensive stocks so just right at the moment. I hold LAD and was very convinced with last statement, it seems they are gearing the online side up substantially and should benefit from the Euros Football this summer. SP moved off bottom trendline yesterday within the uptrend channel. Im looking for a breakout of the channel and the former top initially at 140p or abouts, then after the summer a rise to 170p and above. P/E forecast to fall from 22 this year to 16 year 2017, rather cheap IMO. Ladbrokes Plc offers betting and gaming services.The company offers retail bookmaking in the United Kingdom, Ireland, Belgium and Spain.It offers betting markets on a daily basis via the Internet, mobile Internet and telephone. Valuation 2016e 2017e P/E ratio (Price / EPS) 21,9x 16,1x Capitalization / Revenue 1,04x 1,00x EV / Revenue 1,22x 1,16x EV / EBITDA 8,52x 7,69x Yield (DPS / Price) 2,52% 2,86% Price to book (Price / BVPS) 2,79x 2,63x |
Posted at 07/8/2015 11:19 by scallywagkid Canaccord 07 August...Raising Recommendation Strategic downgrades, but raise to BUY What's new Ladbrokes is due to announce interim results on 11 August, but the key numbers were pre-released in July. Perhaps surprisingly, H1 profits were as expected, down 32%, reflecting the impact of Point of Consumption tax, increased Machines duty and a weak sports margin. LAD would have been on track for FY15 expectations however, new CEO Jim Mullen also unveiled his strategic review, which included the expected dividend cut from 8.9p to 3p, ramping up digital marketing spend and accelerating roll-out of Self-Service Betting Terminals and pace of store closures. It has raised £113m through a placing to rebuild the balance sheet and there were £5m-£7m of cost savings identified to be delivered from FY16. Most had been trailed in the press, but the net impact was at the higher end of expectations, given a £20m H2 hit from the investment programme. Impact on the Canaccord Genuity view The strategic pill was perhaps a touch more bitter than hoped (short-term), but sugared by a potential Coral merger reported in the press which we believe could drive material synergies. We downgrade our FY15 PBT (norm) from £67.5m/6.5p to £46.8m/4.4p, a 33% EPS downgrade, while FY16 falls from £76.5m/7.4p to £73.8m/6.5p (down 12%). The plan is designed to deliver higher Earnings from FY17 (with digital revenues up to 30% of group total) but this looks ambitious to us and our FY17 EPS are cut by 1%. Net debt comes down to £332m (or 2.2x Ebitda) and should fall below 2x in FY16. However, the real excitement is the potential Coral merger - unlikely to complete before mid-2016. At the current LAD share price, it would be paying just 8.3x FY16 Ebitda, ex-synergies, which looks attractive - in line with the LAD valuation, but with a higher proportion of Digital profits. The synergy target of £65m also looks unambitious - at just 4% of combined group costs. The challenge is calculating dis-synergies. With 3998 stores, or a 45% UK market share, we would assume LADCOR will almost certainly have to sell/close stores. If we assume these are averagely profitable LAD stores and sell for a 4x Ebitda multiple (some will just be shut), then a 500 store disposal would knock £34m off Ebitda, but only 20 basis points off the FY16 EV/Ebitda multiple. Valuation Standalone Ladbrokes is not a steal, on FY16E PER of 16.9x and yielding 3.0%, but an 8.0x EV/Ebitda looks attractive. And LADCOR would look a lot more interesting. If we assume £220m of Coral Ebitda in FY16 (up from £200m in FY14), the full £65m synergy target (in reality this will be phased, but should be exceeded), and 500 store closures, we calculate the look through FY16 EV/Ebitda multiple would be just 7.2x. By comparison, William Hill is on 9.8x (albeit with a higher digital mix). We raise our TP from 115p to 123p, representing a 9.0x FY16E EV/Ebitda for solus Ladbrokes. With regulatory clearance of the Coral deal with "reasonable" conditions (i.e. c.500 stores), that would fall below 8.0x (assuming a full £65m of synergies), suggesting further upside to our target price. There is execution risk - both strategy delivery and merger - but this looks over-stated in the price. We raise our recommendation from Hold to BUY. Share performance catalyst Regulatory clearance/penalties for Coral deal, Digital recovery, machines regulation. |
Posted at 17/6/2015 07:53 by oneillshaun Shares (Berlin: DI6.BE - news) in Ladbrokes (LSE: LAD.L - news) climbed after Morgan Stanley (Xetra: 885836 - news) upgraded the bookie following the relaunch of Ladbrokes.com and pointed to a couple of potential "hidden gems" in Europe.Investors ramped up their bets on Ladbrokes , piling into the stock, after Morgan Stanley upgraded it to “overweight The bank lifted its price target from 135p to 150p, owing the move to the “digital turnaround”, following the relaunch of Ladbrokes.com. “We think there is now firm evidence that Ladbrokes Digital recovery is gathering momentum, with strong customer and staking growth in the past six months,” analysts said. Over the past two years, the bookie has struggled, seeing its share price drop by 40pc. However, Morgan Stanley reckon the “worst may be past”, predicting annual revenue growth of between 15 and 30pc over the next two to three years. However, whether the turnaround will work in the long-term, remains to be seen. In 2011, when Bwin merged with PartyGaming its revenues declined by 25pc for four years. In a highly competitive sector, the bookmaker’s European division may be offer “hidden gems”, according to Morgan Stanley’s note entitled “Odds Improving”. Earlier this month, rumours surfaced that Ladbrokes Ireland had received three separate bids as part of its examinership process - which could ultimately lead to the sale of the division, thought to be worth between £30m and £60m. The company’s most recent set of numbers were disappointing, with first-quarter earnings before interest and taxes tumbling 22.3pc to £14.3m, a drop that Ladbrokes attributed to unfavourable sports results. Jim Mullen, who was recently appointed chief executive, will outline his plans for the beleaguered bookie on June 30. The stock closed up 5.1p, or 4.4pc, at 122.1p. |
Posted at 10/2/2015 14:21 by balcony The news on 888 could boost LAD share price,The whole sector will be bought |
Posted at 03/1/2015 15:10 by speedsgh Mention of LAD in Mr Bearbull's latest article on his Income Portfolio on IC website..."By far the biggest loser was the holding in bookmaker Ladbroke s (LAD), about which I wrote most recently on 14 November 2014. Naturally, it would have been lovely if I had sold the fund’s holding in Ladbrokes when its share price dropped below the stop-loss trigger at 182p late in 2013. That alone would have added 3 per cent to the fund’s end 2014 value. But I didn’t. I reckoned there was more upside than downside in the share price and I have reached the same conclusion several times subsequently. Each time I’ve been proved wrong and the situation does leave me wondering if I am missing bearish factors staring me in the face. It’s true Ladbrokes’ bosses made a complete Horlicks of installing a decent ‘digital’ Meanwhile, I’ve crunched the numbers again and find that, even if the best Ladbrokes can do long term is to equal 2013’s free cash flow of 10.8p per share, that would justify a value of about 127p (against a current share price of 109p). If the average free cash of the past five years – 15.4p – was do-able long term, that would generate value of about 180p. In addition, Ladbrokes does some capital spending in excess of depreciation – 2.2p a year on average. Depending on assumptions, that could add between 30p and 60p per share of value. In other words, it’s tough to come up with a per-share value much below 160p and feasible to reach around 240p. Naturally, doubts remain – if Ladbrokes shares are so cheap, why am I the only one to notice? Yet it’s not as if the company operates in a declining industry. For reliability of income, few occupations beat bookmaking. So I think I’m managing the Ladbrokes holding sensibly." |
Posted at 25/10/2014 03:28 by andyj LAD share price is incredibly volatile for such a staid business, which makes them very 'tradeable'. The dividend is extremely tempting and aside from potential regulatory issues ahead, I really cannot find anything in the trading statement to provoke such a sell off. Technically, that dip to 110 has made the chart looking very negative, it looks likely to re test that soon. But with a yield of around 8%, confirmed, trading in line with expectations, surely common sense will prevail soon. I will be back in this week. |
Posted at 12/8/2014 10:16 by rcturner2 monty, the market tends to look forwardLAD share price has been down sharply for 18 months as these painful figures have been expected. What happens from here is what is important. You pays your money and takes your choice. I believe that LAD is a good long term prospect at these prices, with the added bonus of a bid quite possible. |
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