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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sportingbet | SBT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 54.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 54.50 | 54.50 |
| Top Posts |
|---|
Posted at 28/2/2013 14:49 by shayadfn pyueck- I have already taken profits from my sbt- the half which I allocated to investment have gone for option 3- Bearing in mind I had over 1.5m sbt before the deal in december. Yep I must be nuts- I traded sbt from 20k to 1.5m over 3years- not much cash was used on my part. I do nutty things. currently playing with cey (this is NOT an encouragement to buy,sell or hold any of the stocks mentioned) |
Posted at 20/2/2013 09:20 by grizzly bare The point I'm making is that staying in Sbt has tied up capital in low reward returns for the last couple months. By selling Sbt at 55p I freed up capital which by investing in better opportunities (888 and GNC) has earned me 30% in the past month. If I had stayed in Sbt my return would have been 0%. Oh and GNC is now 105p :-) |
Posted at 18/2/2013 11:01 by trentendboy It an interesting to consider what would happen to the SBT share price on deal rejection - and indeed what would happen to GVCs price.We all know GVC and Hills got a fantastic deal. The new US development would have lifted SBTs price but probably not as high as 55p. I would imagine SBT would fall back to low 40s even with new US news. GVC - likely to fall as well. These two sentences appear contradictory - these things are never clear. |
Posted at 16/2/2013 11:04 by shayadfn Hello People, just got info on the SBT optionsAre my calculations correct I have 278587 sbt shares Under the default option I would receive Cash of £124,806.98 and 12119 GVC Shares - (default option) IF I were to choose the MAX Cash Option then the GVC Shares the 0.0435 share of GVC share would give me 10.2pence (12119/0.0435)x0.102 =£28416.96 (this prices sbt currently @ 53.32p Under the MAX share option: I can opt to swap 10.2p cash for 0.0435 share in GVC (£124,806.98/0.102) x 0.0435 = 53226 GVC share(rounded down) Hence total GVC shares 65,345 @ yesterday's mid price of £2.66 = £173817.70 this values todays sbt shares @63.4p There are a lot of variables between now and 20th March BUT IS MY CALCULATION TOTALLY WRONG? CAN SOME SMART PEOPLE ON HERE CHECK. |
Posted at 05/2/2013 16:28 by mylands I don't understand why there is chat about the GVC price being weak when the takeover is completed and the new shares are issued.The fact is that GVC have done extremely well to get the new shares effectively underwritten by several major SBT shareholders who account for 11% of SBT. 11% of SBT is approximately £50 million in value. These shareholders have said they will take their consideration in GVC if available. That means 80% of the new shares have a home if SBT shareholders don't want to take their allocation. In my view, GVC will go higher not lower once the 'uncertainty' of the takeover is removed. |
Posted at 17/1/2013 10:23 by asagi Guys - who has paid your dividends? I am a Selftrade customer and haven't received my SBT dividend yet.Asagi (long SBT) |
Posted at 19/12/2012 08:35 by pyueck Results back on track? Don't forget sbt blamed poor 3 months on short extra weekend including big racing fixture falling in Nov not Oct. Result is that revenue is up 11%. Back on track, hmm not sure, suppose at least not fallen of cliff like Europe has but really it's hardly a growth story that can support a higher bid is it? And why did they talk about cost savings in the rest of the year...IMHO the clear reason why sbt is struggling on revenue numbers is a) website has fallen behind b365 and wmh. Just compare the three websites its undeniable that sbt is a fair way behind. The second reason is poor odds offered by sbt ESP on in play events. Compare the three websites on an in play event sbt consistently has poorer odds or is suspended for large portions of the game esp Nfl. |
Posted at 06/12/2012 17:34 by mylands Festario/TanglewoodI think the numbers you quote are incorrect. Firstly, revenues from Turkey in the year to 31 July 2011, the last full year we have, were 42 million Euro, not 64 million. Secondly, the number of GVC shares being issued to acquire their parts of SBT will be approximately 38.6 million, increasing the total equity of GVC to 70 million shares. Let's ignore all the other parts of SBT that GVC will acquire and just look at the affect that owning 100% of Turkey will do to GVC's dividends. 75% x 42 million = 31.5 million Euro 70 million shares in issue equates to 45c/share. This is a doubling of the current dividend and totally ignores the other existing main revenue streams that GVC has in Germany and South America. Also we have no idea what the remaining bits of SBT that GVC will acquire will produce. In my book it all looks very good indeed. |
Posted at 06/12/2012 13:51 by festario I am with Investment Guru and Mylands as being a large holder in GVC.I bought in to SBT on the rise, principally hoping to grab more GVC shares from this deal. In a nutshell, the full Turkish revenue will roughly treble the GVC income, (maybe more), and the share price must rise to reflect that, even after an 80% dilution. The CEO of GVC only went after SBT Turkey because he used to work for SBT, knows all about it, and knows how much it will enhance GVC. Joan of Arc, the GVC divi will rise significantly, as 75% of much greater profits are returned to shareholders. The GVC board informed us via RNS that the Superbahis deal was only being done to provide 'significantly enhanced dividend paying capability' The fruits of which were seen in the last dividend only 4 weeks ago. Did you not notice your bank account bulging more than usual? I did! |
Posted at 06/12/2012 08:23 by mylands GrizzlyI have never posted on the SBT thread before but have been following the postings ever since GVC announced their intention to buy parts of SBT as I am a long term holder of GVC stock. You say you have never followed GVC, well IMO you should have!! I've invested in shares as a private punter all my life but never had a stock like GVC for the income it produces. 75% of income is distributed as dividends and over the past six years I have had all my capital back by way of dividends. In other words I am in for NOTHING! If this deal goes through GVC's dividends will soar and that's why the few shares you receive should be held, not sold, especially at a time when yields are at an historic low. In the past five years holders of SBT stock have received a total of 6.9p (at an average stock price of 60p - being generous!) while if you had held GVC stock over the same period you would have received £1.58 (at an average stock price of 175p). I rest my case for SBT holders taking their GVC shares as part of the deal. |
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