888 Share Discussion Threads

[shaker44] 24/3/2021 03:20

Coxsn: why ent? I hold both so interested in your choice.

[peaeff] 24/3/2021 00:27

One of only two companies whose share price has risen for 10 consecutive days.

[finkie] 23/3/2021 17:56

381p hello! Surely it will pull back on ex divi day buy a tremendous run up here, surely a US suitor isn’t far away now

[its the oxman] 23/3/2021 11:48

Added a few ent, not sure which looks the better bet so decided to split my exposure, any views?

[its the oxman] 23/3/2021 11:47

With the business momentum only getting stronger 400p is not far away imho.

[oohrogerpalmer] 22/3/2021 17:33

Any regulation will be no more than a slight knock back that will be more than offset by the states.
Look at all the regulation and bookie bashing that’s happened over the last 20 years and what has that achieved , more gambling .
The only thing that will stop these companies is a complete ban like the states did years back but all that achieved was driving it underground.

[winston81] 22/3/2021 17:23

Certainly can see it coming in at some stage. UK for sure but offset with US open the gates, huge market. Just a bit of timing. All good things come to an end, presently things looking positive. Is it in the interest to over regulate following the pandemic? Tax and payback debts comes to mind. Still anyones guess

[finkie] 22/3/2021 16:39

What about regulation? Any thoughts...

[winston81] 22/3/2021 13:44

Plenty of growth in this stock. Think market is realising it. Regardless of whether it has a bid from the company or it continues to accelerate growth in US, there are plenty of positives, excitement surrounding the company. It's not weighed down by a high street presence and lots of partnerships happening too. Each to their own and ultimately DYOR. As long as your happy with any profit that's the main thing.

[peaeff] 22/3/2021 12:14

This continued significant rise in the share price is a little surprising but nonetheless very welcome. I very nearly cashed out on Friday but I persuaded myself to see what today's presentation had to offer. Although the share price has risen sharply the trades do not suggest that mass buying is taking place by institutions.

Maybe tomorrow

[its the oxman] 20/3/2021 23:19

Please let us know your thoughts and how it goes.

[isaisa1] 20/3/2021 18:20

I have registered on the investor meet company platform to attend the 888 investor presentation on Monday. I think the CEO and CFO are presenting and answering questions live. Should be interesting

[firtashia] 18/3/2021 14:05

Found some updated FY21 forecasts from marketscreener. Obviously 888 is widely covered so not sure how many brokers have updated. However the new figures quoted are

Revs: $820m (from $788m)
EBITDA $140m ($133m)
Operating Profit $105m ($98.1m)
PBT: $97.5m ($95.2)
EPS unchanged $0.21

So going in the right direction.

[makinbuks] 18/3/2021 13:49

No argument with the share price reaction. No concerns about the delta between adjusted and actual EPS?

[adamb1978] 18/3/2021 08:48

Was about to post something similar Oxman. Market forecasts show a decline this year and will need meaningful upgrades given the comments:

- The annualised impact of regulatory and compliance changes is currently expected to be a headwind to revenues of $70-100 million in the full year
- Strong momentum in 2021 so far, with continued positive trends in FTDs and revenue
- The Board remains confident that 888 will deliver full year revenue growth in 2021

[its the oxman] 18/3/2021 08:39

Any forecast changes or broker upgrades to numbers ?

[its the oxman] 18/3/2021 08:31

With US momentum confirmed results are only going to get better , improving numbers might well attract a bidder and expecting a steady climb in share price going forward.

[finkie] 18/3/2021 08:12

348 on early opening is a bit disappointing! Let’s see if it picks up later in the day, surely a US suitor eyeing now

[shaker44] 18/3/2021 08:00

1ultimate: followed through on your thoughts and bought a wedge pre close last night. Hope these stonking results are not priced in! already

[saltaire111] 18/3/2021 07:46

Astonishing results! Wow!

Salty

[finkie] 18/3/2021 07:22

Amazing results 888 well done up 20% today?!

[winston81] 17/3/2021 20:15

Overall feeling here is that plenty of legs in this share regardless of tomorrow.

[peaeff] 17/3/2021 15:29

Perhaps the opinion is that the undoubted good news to come is already reflected by the current share price Personally I doubt it, more to come. IMO

[shaker44] 17/3/2021 13:25

Interesting thought.