Ladbrokes Share Discussion Threads

[oneillshaun] 22/6/2015 14:29

Woozlee1 - i was thinking just the same, this is very clearly creation a pattern.

[woozle1] 22/6/2015 13:01

You can't make money trying to predict daily share price moves!

[neilyb675] 22/6/2015 12:44

plummeting ?????

its down circa 1%, step outside, do something else ffs

[asusasus] 22/6/2015 12:25

Neily it was and now it's plummeting. Getting a bit concerned here. Might bail if it continues. Bid doesn't seem to be materialising and that was the reason for buying in originally.

[neilyb675] 22/6/2015 12:22

it was 124p this morning....

[asusasus] 22/6/2015 12:21

Are you worried?

[oneillshaun] 22/6/2015 12:14

More like testing 120p!!!

[oneillshaun] 22/6/2015 08:31

Not anytime soon.

[asusasus] 22/6/2015 08:13

Ready to test the 125 level again.

[oneillshaun] 17/6/2015 07:53

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 “overweight221;.
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.

[oneillshaun] 17/6/2015 07:47

Lets see if we can hold yesterdays gains.

I am guessing that now this is on the Morgan Stanley's hot list that they have chunk and will be pumping it to there private clients with a view of 20% gain plus future divi.

[dafreti] 16/6/2015 12:37

Indeed asu, relative strength* can be very instructive and LAD is showing plenty.

* divide the share price by the FTSE and chart it.

[asusasus] 16/6/2015 12:20

Interesting this is going significantly up in a red market I mean!

[oneillshaun] 16/6/2015 12:16

Not really, interesting would be news on bid but a broker upgrade is nothing huge.

[asusasus] 16/6/2015 11:59

Very interesting developments here...

[oneillshaun] 16/6/2015 09:12

Broker upgrade

[oneillshaun] 16/6/2015 09:02

and now it slips back down.

[oneillshaun] 16/6/2015 08:31

the 3 trading days have been crazy, fingers crossed bid news!!!

[asusasus] 16/6/2015 08:25

I have no idea. How can this be considerably up in a down market? Bid rumours again?

[oneillshaun] 16/6/2015 08:23

WTF is happening!!!

[woozle1] 15/6/2015 10:45

The market is getting smkoed

[asusasus] 15/6/2015 10:11

Why is this tanking?

[oneillshaun] 11/6/2015 15:50

Broke 125p then slowly dropped, this is beyond annoying.