888 Share Discussion Threads

[trentendboy] 17/3/2017 16:08

By definition special dividends are usually rare events. I doubt anything special but could be an increase in the dividend more generally. Already a nice return

[ricardothebrave] 17/3/2017 13:20

Will we get that special divi again?

[uhound] 16/3/2017 08:51

Full year earnings next Tuesday - price has been flat the past month or so.
Looking to see if interest picks up over the next few days.

[jamesjoel] 09/3/2017 00:37

A punt on this stock could pay off

Investing in the shares of online gaming specialist 888 Holdings (LSE: 888) could turn out to be a profitable bet. The group failed in its attempt to buy rival bwin.party in 2015, but is delivering attractive organic growth.

888's revenue rose by 19% to $262m during the first half of last year, thanks to strong results in Casino and Sports betting. Full-year earnings are expected to be in line with expectations, suggesting adjusted earnings growth of 18% in 2016.

Although the shares trade on a forecast P/E of 19, 888's strong conversion of profits into surplus cash means that the stock still offers an appealing potential dividend yield of 4.4%.

[peaeff] 23/2/2017 17:50

Things very quiet here lately. I see 32red was taken out today at a nice premium. I wonder when our turn is due. It certainly had no knock on effect to our share price

Regards

[dogwalker] 17/2/2017 11:38

Interesting-looking trades , & volume, today. And price action so far too.

[frankiethecabbie] 13/2/2017 11:23

I can't but if you google Times news article on William hill you can get it .

[jamesjoel] 13/2/2017 11:05

Can you copy and paste the full article please?

[peaeff] 08/2/2017 11:02

They were certainly justified turning down the William Hill offer when you look at the current share price As I recall there were a few who thought the deal should have been done and accused the board of being greedy.

I have no doubt a deal will be done at some stage, but with whom?, and will we first see further gains, as a result of US activity, prior to that happening. If so then I would wager £3 a very probable target.

regards

[trentendboy] 06/2/2017 07:51

Yes, sorry. Three quid

[jamesjoel] 06/2/2017 03:43

Owners wanted £3 matey

[trentendboy] 05/2/2017 22:37

Almost certainly. Owners wanted four quid. Not far off now.Hills are desperate to do a deal. Any ruddy deal but are rudderless

[jamesjoel] 03/2/2017 17:29

Breaking out on takeover rumours?

[kop202] 03/2/2017 09:57

12 month high there abouts

[trentendboy] 11/1/2017 13:48

Something is leaking somewhere.

I suspect deals are afoot or otherwise there is some movement in the US on gaming regulation

[ricardothebrave] 11/1/2017 12:28

WMH's recent trading update will help drive the rumour mill and/or action. Interesting times, hold tight folks.

[frankiethecabbie] 11/1/2017 10:36

All on no news as well, makes one think that something is brewing.

[rhcm] 10/1/2017 19:23

I heard a brief snippet from the hearing for Attorney General and there was a question asked about repealing the internet poker legislation. The answer was avoided by Sessions stating that he had not researched it sufficiently.

Anybody else heard anything about this or Trump's views?

[frankiethecabbie] 20/12/2016 09:44

Hills are very slow to appoint a new CEO so this could all be connected with some sort of T/O or merger .

[trentendboy] 20/12/2016 09:26

Convinced the Hills have to do something and may now realise 888 is the only game in town if they want to get bigger and hence competitive

[trentendboy] 19/12/2016 09:12

TO rumors kicking in I suspect

[jamesjoel] 16/12/2016 16:43

Increase

Unlike the other companies mentioned here 888 Holdings is the company behind numerous online gambling brands like 888 Casino and 888 Poker. Although this is a different type of gaming it shares similar characteristics to non-casino developers. In fact, not all players on 888 brands play for real money. Some just enjoy playing casino games or testing their poker skills against others playing for virtual currency.

The company saw a significant boost in value last year as their shares surged 17.4%. Apart from their B2C business, 888 also offers B2B model via their Dragonfish brand and this segment also contributed to the overall growth. Through Dragonfish partners of 888 have access to software solutions, marketing services, e-payment solutions, and more.

Mobile Gaming on the Rise

One thing that can be said for all companies mentioned here is that their mobile gaming segment experienced a significant boost. Players' interest in playing from their mobile devices is clearly on the rise and gaming companies need to keep up.

All four mentioned here, especially Nintendo and 888, have accepted and adapted to this fact. 888 went as far as to create an instant play interface for their online poker offering accessible from every mobile device without the need for a downloaded app.

The demand for mobile gaming is likely to increase in the years to come so we'll probably see more games following in the footsteps of Pokemon GO, offering exciting gaming experience without tying players to their consoles or even forcing them to go out there in search of an adventure.

[alex1621] 09/12/2016 08:33

Zero Hedge reports that Congress is "busy moving forward with a proposal that would impose a Federal ban on online gambling". Why? Argument is that the campaigners are "paying off campaign debt" ... i.e. Adelson campaign donations.Article on 8 Dec entitled "Lame-Duck Congress Looking to Ban Online Ganbling", zerohedge.com