32red Share Discussion Threads

[slogsweep] 21/10/2016 16:16

there is a link to the article on GVC thread all on line betting companies seem affected
All betting companies don't like to pay out they hope you will loose any winnings eventually, that why i decided to get on their side of the deal by buying the shares rather than betting

[paleje] 21/10/2016 08:01

Report on BBC breakfast this am which I only heard as I was leaving, so if anyone knows any more please add. Something about Competition & Markets Authority investigating online gaming co's, not happy how they promote themselves lure people in with misleading offers. Theresa May influence? not that I care except that if she has a thing about gaming... hopefully not she's got more than enough on her plate.

[tattooed93] 08/10/2016 17:15

30% downgrade on forecast

[alphabeta4] 08/10/2016 15:35

Agree with kevph. It was on the front page of The Times. Paddy Power Bet Fair also lost c4%. (TTR is obviously more thinly traded so it lost more which is a buying op if you think about it).

The review is not for a while and whilst a half time ad ban would be a negative (if it happens) I would suggest that seeing it is only part of the advertising strategy (online targeting etc) and the majority of revenue is Casino not football I'm happy to sit on my hands given the already high undervaluation to sector rather than try to trade a share on a decent spread with a number of supports close to the existing price.

[bamboo2] 08/10/2016 08:26

Recent gap filled yesterday afternoon. I had hoped this would become a support level, and sold after this was broken yesterday morning. Some other gaps remain.

[kevph] 08/10/2016 06:32

William hill and co got spooked by a report suggesting no adverts would be allowed on TV during the day. At the moment there's no volume in this share so 60-70k shares move things a lot. Hoping silly season volatility might get me below 1.30 to pick up a few more. Come end of year I agree with IC this has 1.80 to 2.00 written all over it. GLA

[simonsaid1] 07/10/2016 15:41

Still going on - what the hell? How are all these buyers able to buy at 135gbx so suddenly?

[mortimer7] 07/10/2016 11:28

Sudden dip triggered by sells by the look of it, and now bouncing. Quite a scary half hour & more to come by the looks of it..!

[bamboo2] 07/10/2016 11:16

Stopped out

[muffster] 04/10/2016 10:04

Patience. More buyers are noticing that. Chart shows uptrend.

[nurdin] 04/10/2016 10:02

Cant understand why we are so underrated.PE just 11.4x with a peg of measly 0.29...and their market is growing like clappers.

[djbilywiz] 01/10/2016 21:22

Interesting analysis, thanks for sharing. Would be nice to see some more volume on the charts IMO.

[bamboo2] 01/10/2016 14:06

Potential turn dates comming up, around Wed Oct 12th. The 182 target, if attained, would confirm a multi-year chart pattern with a target at 257

[fizzypop] 24/9/2016 10:21

Interactive Investor article

[melf] 23/9/2016 14:17

"we're on a mission and we've only just started".......like the sound of that.

Thanks for the post interceptor2.

[paleje] 23/9/2016 09:24

Cheers IC2, they're also in today's Investors Chronicle apparently as a ST strong buy.

[interceptor2] 23/9/2016 08:14

Good interview with CEO Ed Ware.

I hadn't known that 32red have only a 3% share of the remote casino market in the UK, which shows how scalable their business is.

[alphabeta4] 22/9/2016 15:25

Good stuff - seems I am among a few here who have bought on similar thinking.

Bamboo2 - I'm sure I've seen your name a lot recently - we must hold a lot of the same shares!

[nw99] 22/9/2016 14:53

180 target

[bamboo2] 22/9/2016 14:52

Added today.

[interceptor2] 22/9/2016 14:40

I last held these in 2011 and enjoyed a modest profit but missed the large rise in 2015.Attracted back last week due to the tight chart consolidation ahead of yesterday's results.

Solid set of results with margin improvement from Casino sector to look forward to in second half, also a nice strong net cash position.

Higher number of transactions today than yesterday, as investor digest the results imo.

[paleje] 22/9/2016 13:48

Well I think 180 would be a good resting point:) but I think the other side of 200 isn't too far fetched, there aren't many cos around with their growth rate forecast and management who can actually deliver it. I'm not expecting that overnight but in the new year assuming we don't get a general sell off.