Betfair Grp Share Discussion Threads

[hedgebetter] 28/12/2011 17:08

LMFAO. Time to short these clowns.

[brownie69] 28/12/2011 16:22

Trending on Twitter now and on Sky News who say that Betfair face a £2mm payout.

Looks like Betfair have put themselves between a rock and a hard place.

Dont pay and they will loose 000's of customers, if they pay its a huge cost for a c0ck up.

[brownie69] 28/12/2011 15:17

The story is spreading. They must have lost millions, plus their technology may be compromised. They may have to stop all betting in running until they are certain that the software is not hacked or has no errors.

[brownie69] 28/12/2011 14:53

Betfair technology has really screwed up this time...



They have to come clean on this.

[guidfarr] 28/12/2011 12:33

what is betfair doing buying shares!? - it should be looking to continue investing in the business and looking into acquisitions like 888 to reverse its poker and casino declines ;)

[brownie69] 27/11/2011 18:33

They have had a nightmare this weekend with various technology faults. There are various threads on their site forum. Customers getting very annoyed

[brownie69] 27/11/2011 18:31

Technology bad again today. Different faults.

Various threads on their site forum. Customers getting v pi55ed off as it keeps happening.

[brownie69] 26/11/2011 15:58

Impossible to trade in running properly today.

They are a disgrace. Here is the message they are showing when you try to change odds on a bet that is on the site:





We are sorry but an application error has occured. This may be due to connection problem. Please \'refresh\' or \'reload\' the page to rectify the problem.

Needless to say the refresh did not work.

Unhappy customers on their forum, see thread

"What a rotten stinking mess this Company are"

[lucky_punter] 14/10/2011 14:24

Broker Panmure Gordon is upbeat about prospects for the online gaming sector, and has highlighted five e-gaming shares that it rates as a 'buy'.
Panmure noted that e-gaming shares have underperformed the market during the past 12 months, yet they have strong balance sheets, earnings are growing and the sector is moving towards operating in a regulated and taxed framework.

[noirua] 30/9/2011 23:08

I suppose it's best to sit on the fence, in all respects, as far as Betfair are concerned; as it will be they who must prove beyond reasonable doubt that what they say is correct in a Court of Law. Whatever the reason, taking money from an account without prior notification and agreement is very worrying for account holders ...

[hedgebetter] 30/9/2011 12:23

Someone bought some shares in Betfair today....ahhhh ...it was Betfair buying its own junk back. They would be better off buying another company ...waste of share holders funds.....

[looby loo] 25/9/2011 16:44

By Alistair Osborne
23 Sep 2011

Betfair 'removed £52,000 from customer's account'

A Betfair punter is threatening legal action against the betting exchange after a dispute over more than £52,000 that he claims has been removed from his account.

[lennonsalive] 19/9/2011 12:32

Go on Betfair, keep buying those shares back.....I just cant wait to short this one again!

[hedgebetter] 16/9/2011 20:22

Betfair are buying their own shares back..volume is exceedingly poor. Liquidity is not great. This has been the worst IPO of the last two years - even Ocado shines like a beacon in comparison.

[ricartonl] 15/9/2011 15:35

seems to have went quiet here, 25% rise over the past couple of weeks

[hedgebetter] 11/9/2011 17:46

Yep...shocker...still...Ed Wray is probably enjoying his Bentley and Mansion and Andrew Black his stud farm ....and ...

[bonio10000] 07/9/2011 07:58

Oh dear - pony results.

Good to see that even with the buyback they have been paying too much.

Terrible investment.

[e-venturer] 07/9/2011 00:11

I feel sorry for anyone who bought it the IPO. The price was crazy. The buyback is holding the price and it wouldn't surprise me to see them extend it when the £50m is spend. Betfair's reputation is in tatters and until it is rebuilt they are going to go nowhere.

[zaksab] 06/9/2011 22:02

Bozzy i do think that the buyback will prove to be money ill spent. that said, buying a low PE company does not definitively mean you are creating value and buying a high pe company does not mean you are destroying value. it depends upon what the respective companies are worth.

[wylecoyote] 06/9/2011 21:30

Bozzy,

I agree, some companies just don't seem to get it. It thought they listed as they wanted some money to invest in expanding the business, now I realise that the original owners just wanted to cash in on their investment. I wonder is the share price rise driven by Betfair buying back its own shares?

Wyle

[bozzy_s] 06/9/2011 15:19

Seems incredible they are buying back their own shares at a price where P/E ratio is 30. Such a massive waste of cash. Surely the idea of buybacks is to buy stock when the share is undervalued? So that would be from around 250p downwards for these?

If they are desperate to spend money, why not take over any company on the stock market which trades at below P/E 10? Of which there are hundreds.