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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Bwin.Party | BPTY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 124.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 124.00 | 124.00 |
| Top Posts |
|---|
Posted at 28/1/2016 23:22 by shayadfn Its a long journey for someone who has in bpty since its parygaming days 10yrs plus, good luck to all, lets hope gvc does with bpty, what it did with sportingbet (sbt). |
Posted at 16/12/2015 15:58 by bonnard The price of BPTY is now linked to the price of GVC. It will be 0.231x the GVC price plus 25p.From my limited experience, the BPTY price will stay slightly below that until the takeover happens. This is because the market makers will take their cut from the holders who want to cash in their BPTY shares and not take up the CVC offer. |
Posted at 16/12/2015 11:22 by srpactive What might be happening here;another poster did mention the other day that the index trackers and fund managers have to buy all stocks on the ftse 250. ==================== My thoughts on it is as follows, I stand to be corrected and assisted as always. The trouble is if they leave it until February/ March when the new company is listed they might have to pay north of 500p. They cannot buy now into gvc as they will not be permitted to do so because they are aim. But if they buy bpty now, when the split happens they will be in at 422p the price of the deal and 25p cash to buy more after the new listing. The volume on bpty would suggest the big boys and girls are involved. Just a thought. dyor regards active |
Posted at 29/10/2015 07:42 by bonnard The offer by GVC to buy BPTY is not fixed because it includes GVC shares which are trading on the market and change in value from day to day.The buyout offer is for 0.231 GVC shares plus 25p for each BPTY share. So if GVC is trading at £4.00 which it is close to at the moment, BPTY shares are worth 117.4p. If GVC shares are worth £4.50, then BPTY shares are worth 128.95p As it stands, if you buy BPTY , they are trading at a discount to the buyout price and the best way to buy into GVC is to buy BPTY and sit back and wait. This assumes that the deal to buy BPTY actually happens; so there is risk in doing this. |
Posted at 08/9/2015 14:47 by gotnorolex Hubs I don't recall having received a divi in May. I just checked with my Brokers and they confirm ex-date is the 10th Sep for sure with pay date 9th Oct.Well, will have to check where my last divi went! Just found this.......... Dividends Final Ex-Dividend Date 23-Apr-2015 Final Dividend Payment Date 27-May-2015 Interim Ex-Dividend Date 10-Sep-2015 Interim Dividend Payment Date 09-Oct-2015 |
Posted at 08/9/2015 08:12 by melody9999 Hi CrookmanI think the key thing is, and the reason for me posting, is that if you believe in the GVC / BPTY story, then BPTY is the place to invest right now. The recent fall in the GVC share price is probably long term holders in GVC (like me) having just sold GVC and bought into BPTY. As always my timing was rubbish because I bought at 117p, but then I did sell out of GVC at the higher price too. Certainly not the time to be selling BPTY (IMV but DYOR. Good luck |
Posted at 07/9/2015 22:02 by crookman Hi Melody,We have to agree to disagree I think, as you say 1 BPTY is worth .231 GVC which is the equivalent of just 94p per share plus the 25p cash in total 1.19. The original deal was 129.64 per share on those terms but that was when GVC was 452.5 on the day of the agreement in principle. So if the deal was approved on that day the BPTY price would be in effect be 104 + the 25p cash = 129 as per the deal. Because GVC is down at 110 that now as you say brings the deal down to 119 in total including the 25p so the value of a BPTY is only 94p in real terms. This post is getting too complicated so the best way to sum it up I think is the deal is we exchange each of our shares for new shares and some cash regardless of the BPTY price at the time, the cash is fixed but the value of the shares received are purely based on the GVC price at that time. The point I was making earlier was even if the BPTY price drops to .94 the deal still stands at 119 and with that in mind I think the price could drop still regardless, no problem if your holding out for the deal but not a good place to be if you intend to sell beforehand. It's the fair value not the actual one I'm talking about. I would really appreciate any other views on this as it is complicated. |
Posted at 19/8/2015 13:36 by brownie69 Well no wonder BPTY has been a disaster for its shareholders given the pace at which the Board make decisions. This sage has been going on 9 months now!Plus they seem to have got themselves in a pickle by prematurely supporting the 888 bid at 104.5p. I think there is a good chance that no deal will be done. If they progress with 888 at 104.5p then there must be a good chance that sufficient BPTY shareholders vote against knowing that 125.5p had been rejected from a credible bidder who has all funding in place. If they go with GVC then if the BPTY board have signed hard irrevocables in support of 888 they are going to get sued by 888, thus preventing the deal closing? With no bid premium BPTY falls to something in the 70's IMO. BPTY looking like a short once again due to the antics of its Board. |
Posted at 18/7/2015 13:14 by coxsmn Yes, it was quite a cheeky move offering 888 shares at the 160p closing price, especially on a day where the share price had just rallied! It is normal practice to use the average share price value taken over 1mth period.I think 888 must be laughing. We can talk about common synegies blah blah blah the reason Bpty chose 888 is because its a more straightforward/easi The Amaya GVC offer was not only better (and much higher dividend yield), there was even some scope to further increase the offer, despite this Bpty has sold out to the lowest bidder. |
Posted at 15/7/2015 19:28 by stephen1946 From my own perspective I consider the actions of bpty to be nothing less than inept, plus the way this disgraceful saga has played it also shows how useless the regulatory bodies really are.Simply, we are 9 months into a period of, "for sale", as yet we have no bidder, bits of interest, lots of maybe`s, but nothing concrete. This whole mess still has no end date, it has dragged on making a mockery of share holders interests, not only bpty holders but we now have a ridiculous situation whereby 1 bidder is talking to bpty about the possibility of a bid. Another bidder may enter the fray at a later date, maybe even 2. Where is the regulator to enforce the rules, where is the morality in the way bpty have conducted themselves, where is the loyalty that any shareholder can expect from any company they hold shares in? The way the B.O.D. of BPTY have acted is bordering on criminal. |
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