888 Share Discussion Threads

[saltaire111] 29/4/2021 18:15

Interesting to see the same pattern emerge in the chart as the share price passes through £1, then £2, then same again at £3 and again at £4. The price pulls back a bit and the. Pushes through. Let’s hope history repeats!

[makinbuks] 29/4/2021 15:59

Inevitable

[peaeff] 29/4/2021 15:59

Expected a retraction today but I wouldn't have guessed 5%. So I've just bought back some of what I sold yesterday hoping for a late rally and steady rise thereafter.

[investing2retire] 29/4/2021 15:48

5% drop today looks like profit taking.

[winston81] 28/4/2021 22:14

www.sharecast.com/amp/news/broker-recommendations/canaccord-ups-price-target-on-888--7896408.html

[mickeyb] 28/4/2021 16:41

I wouldn’t be surprised to see another few days of rises , in another rerating rise in the share price.

[winston81] 28/4/2021 16:37

Fantastic results today and in all honesty what we expeceted it's just that it has taken a while for some to jump on board. Think the trading update represents a conservative outlook and may again exceed expectations come the end of the year. Sportsbook growth an opprtunity to develop. Excellent momentum and US openings. Yes casinos opening will impact somewhat but also people do get lazy, checkout Amazon buyers. GLA DYOR

[peaeff] 28/4/2021 16:35

I have also realised my original outlay and am left with 1000 free shares. Will add on any moderate dips.

GLA & regards

[makinbuks] 28/4/2021 11:26

Noting Peaeff's comment yesterday "I just hope that the management don't fill it with a load of negative forward thinking." I would tend to agree WH. Under promise and over achieve is a strategy I like and builds confidence. The fact is that no one know how people will behave post lockdown. Have habits changed for ever or will they revert to 2019 patterns?

Amazing quarter, while America and possible take over continue to provide excitement

Having realised my profits at £4 I will hold on now with my reduced holding for the long term

[the white house] 28/4/2021 08:26

Marvellous update, 100m up on same Q is remarkableI think they are overly downplaying the tougher comparatives coming up. New customer numbers have increased all last year and continue to do so and we can see from BetMGM going from zero at Xmas in Michigan to 30m bucks revenue in March that the US is only going one way and fast

[finkie] 28/4/2021 08:25

56% revenue growth is amazing.....not long now before America swoops

[adamb1978] 28/4/2021 08:01

Agree rimau - very decent update. The market forecasts for 2021 always looked skinny so I was expecting upgrading of them to become a driver or at least support for the share price this year. Looks like that should happen. Outlook comments beyond this year also look positive too

[rimau1] 28/4/2021 07:37

Wow, excellent update. Earnings beat for Q1 and although growth in Q2-Q4 is prudently expected to slow as previously flagged overall FY21 now expected to be flat y-o-y. At the time of the 2020 results analysts pencilled in a drop due to the regulatory headwinds in Germany and investments in the platform. I particularly like this in the outlook statement today “ We are excited about the US, where we plan to roll out sports into further states in the next few months, and launch our upgraded poker platform into further states in partnership with Caesars and their leading and hugely popular WSOP brand” This together with the progress in the 888sport platform is why i remain a very happy LTH

[peaeff] 26/4/2021 16:25

Trading update first, and it remains a question as to whether the current continued momentum will already have factored in any upside emanating from it. I just hope that the management don't fill it with a load of negative forward thinking.

[stephen1946] 26/4/2021 15:38

explosive, is it 888 turn now to be swallowed up?

[hawaly] 26/4/2021 15:32

Results Wednesday rimau1

"Notice of results

888, one of the world's leading online betting and gaming companies, will announce a trading update for the three months ended 31 March 2021 on Wednesday 28 April 2021."

GLA
😎

[rimau1] 26/4/2021 12:28

The odds are stacked heavily on a continued strong momentum update tomorrow and hopefully exceeding expectations. The price action recently suggests it. I am also very encouraged by the progress in Canada deregulating single bet sports betting, another $5bn market opportunity on top of the $25bn US market. Exciting times, i have added here, FLTR, Entain and GMR. 888 and GMR to be swallowed and FLTR and Entain to aim for 2021/2022 listings in Fandual and BetMgm respectively.

[peaeff] 23/4/2021 16:22

A good rise since US markets opened today and with WHM being swallowed up by Caesars Ent. perhaps it is anticipating a move up the M&A ladder for 888.

regards

[saltaire111] 21/4/2021 21:28

@shaker44 - thanks. Yes, in an ISA.

In the interest of full disclosure - I’ve also bought a lot of complete turkeys over the years too!! A lot!

Salty.

[stephen1946] 19/4/2021 15:17

Sector awaits William Hill news.

[stephen1946] 19/4/2021 11:56

Premium prices being asked and paid, this is going places.

[makinbuks] 16/4/2021 10:47

Indeed, for a mature established business like this to be a five bagger over a period of a year is truly remarkable, A combination of factors: first the fall to 80p was market driven, the shares probably halved almost overnight - but you have to remember the uncertainty as we stood at that moment; second the general market recovery which accounts for maybe a doubling of the price from the bottom; third the fact that online stocks actually benefited from the pandemic so far from being adversely affected we actually got a boost to trading; fourth excellent management and decision making in a very promising and growing world market and fifth speculation regarding a takeover which has increased the rating on top of the increased numbers. Pretty much a perfect storm in reverse. Is that a thing?

[shaker44] 16/4/2021 03:27

Great trade, well done Salty! Hope they were in an isa so gains tax free..

[saltaire111] 15/4/2021 21:58

To think one could buy these for 80p last April! Wow, what a recovery!

Pleased I bought 13,200 shares at £1.50 last June. Should have bought a lot more...

Salty.

[stephen1946] 15/4/2021 16:46

£5+ shortly.