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888 888 Holdings Plc

79.80
-0.20 (-0.25%)
18 Apr 2024 - Closed
Delayed by 15 minutes
888 Investors - 888

888 Investors - 888

Share Name Share Symbol Market Stock Type
888 Holdings Plc 888 London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.20 -0.25% 79.80 16:35:00
Open Price Low Price High Price Close Price Previous Close
80.00 77.75 80.55 79.80 80.00
more quote information »
Industry Sector
TRAVEL & LEISURE

Top Investor Posts

Top Posts
Posted at 29/3/2024 06:24 by hope1815
Listening again to Per Widerstrom - CEO Sean Wilkins - CFO Vaughan Lewis - CSO on the presentation on the Presentation 27 March 2024 on Investor Meet Company.

1-It was interesting to see their position on the debt in the coming year. Sean Wilkins commented on the net float which can be leveraged when interest rates come down in 2024. There is a hidden savings in this over the next 12 months. Sean Wilkins mentioned interest payments are around 50% of the Core Profitability.

2- Core market refocus and using partnerships to increase Revenue in their Core Markets within Europe. This point was very interesting with the ongoing relocation of resources within 888 Holdings Group with USA withdrawal.

3- The ongoing operations with 888 Africa were not mentioned other than the slide on Growth and Revenue generation of 888 Holdings. This I assume would be expanding operations with other partners.

4-They were asked about equity release on reducing the debt and Sean Wilkins said "It is not in the present plan". I would think they have other avenues of thought on that aspect of thinking.

5- The name change seemed lackluster and no real push on that. They would normally have a presentation on the name change the research, the market reaction, etc. That was missing and it is up to the shareholders to decide on the Corporate Identity.

Overall, the presentation is clear, concise, and to the point. Some questions at the end seemed to confuse Sean Wilkins on the operational aspect of the company. The William Hill question seemed to confuse Sean Wilkins a bit.

I still think 888 Holdings holds great potential for revenue and growth within the markets it operates in and looking to expand. They showed that the group as a whole is fundamentally very profitable.

I would think people looking at 888 Holdings would think. The group's Core Profitability is high and has a presence within core markets. It has Strong Brand names within the markets it operates. It is clear on the Gambling Commission Review now. Private Equity will look at the company and its overall Profitability, where it operates, and all its Brands.

The question of whether 888 Holdings will be bought out only time will tell.

Happy Investing
Posted at 26/3/2024 09:43 by oneillshaun
Solid investor presentation.
Posted at 17/3/2024 23:04 by starko1
‘ The Fund rise would be £1 per share which would raise up to £1.2 Billion open to Investors across the board. This would clear the debt to below £200 million with operating costs of the business showing a core profit of £300 million plus.’ @Hope Pls can you go further to explain. Are you suggesting massively diluting shares to pay down debt?
Posted at 08/3/2024 12:36 by hope1815
A sell-side analyst works for an investment bank or a brokerage firm and evaluates companies for future earnings growth and other investment criteria. These calls provide an opportunity for the analyst to pitch their investment thesis and get feedback from potential investors.

The CEO plan was put forward but a bit more in-depth. The hard sell with factual information, not the usual "How it may look in a year". The core of the business is profitable it's just reducing or eliminating the debt.

Happy Investing
Posted at 27/2/2024 19:45 by the imperialist
That Gambling Act sounds worrying for investors here. Not deramping lads, but I’d consider cashing in ASAP. Lots of opportunity out there.

BT VOD THG MARS ITV and other big names trading at or near all time loads.

Just my view.
Posted at 27/2/2024 06:00 by popit
Some people give far too much importance to shorts

So some people are short 2% of the Market Cap

So what? That means 98% of the Market Cap is long

Shorts have no special knowledge and they largely play on the fear of other investors

When Playtech has already had a bid of £1.56 rejected by 888 for being far too low, and when Draftkings has also discussed a takeover of 888 at probably a far higher share for share price, it is fairly obvious that 888 will not remain independent for very much longer.

The forecast eps is also 25p and so even if a bid did not happen for 888 the shares are still extremely undervalued
Posted at 26/2/2024 14:37 by baldrick1
Retail investors shorts..so not significant but in line with current market condition..not favourable for companies with high debt gearing at the moment.
Posted at 23/2/2024 14:22 by hope1815
Discussion on how people change their habits and view their Investments. Just to pull some quotes from some people in the community-

“What are the secret of success? one word answer :"rational”

“A lot of people with high IQs are terrible investors because they’ve got terrible temperaments. And that is why we say that having a certain kind of temperament is more important than brains. You need to keep raw irrational emotion under control. You need patience and discipline and an ability to take losses and adversity without going crazy. You need an ability to not be driven crazy by extreme success.”

“Mimicking the herd invites regression to the mean (merely average performance).”

"Never lose money. Stay rational and stick to your homework when researching businesses in which to invest."

“Successful investing takes time, discipline, and patience. No matter how great the talent or effort, some things just take time:"

This my favourite "The stock market is designed to transfer money from the active to the patient."

Happy Investing
Posted at 31/1/2024 15:14 by baldrick1
Helikon is a hedge fund ..they must have shorted it then bought back cheaply hence the increase in their holdings.Not a bad thing for retail investors assuming they want a cut of the big pie when a chunky takeover comes to the table.
Posted at 29/1/2024 12:28 by bedford1976
Today Flutter lists on the NYSE. This does no harm in raising the profile of UK betting companies with big US investors.

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