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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| 888 Holdings Plc | LSE:888 | London | Ordinary Share | GI000A0F6407 | ORD 0.5P (DI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 85.40 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 84.85 | 85.30 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Amusement & Rec Svcs, Nec | USD 1.75B | USD -192M | USD -0.4275 | -199.77 | 383.54M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 85.40 | GBX |
888 (888) Share Charts1 Year 888 Chart |
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1 Month 888 Chart |
Intraday 888 Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 05/6/2024 | 12:43 | 888 Holdings PLC 2010/2011: Discussion and Analysis | 18,953 |
| 08/3/2024 | 12:25 | The "From little Acorns mighty Oak Trees Grow" Thread AND .... | 29 |
| 03/8/2023 | 16:36 | 888 Holdings Plc LSE:888 | 166 |
| 25/10/2012 | 09:42 | Zynga the new 888, B2C partner | 45 |
| 22/7/2012 | 17:02 | this is my thread. all who disagree with me will perish. | 4 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| 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 18/3/2024 21:42 by hope1815 Interesting came across this today under my daily searchesBuy 888 Shares Today | Buy 888 Shares Online Hargreaves Lansdown hxxps://www.hl.co.uk Buy 888 Shares With An Award Winning Company. Capital At Risk. Buy 888 Shares From £11.95 Per Deal, Or As Low As £5.95 Per Deal For Active Traders. Bristol Based Helpdesk. Award-Winning Service. Exclusive Fund Deals. Rating for hl.co.uk: 4.4 - 2,944 reviews Transferring Your Shares · Share Research · Share Tips & Research · Financial Advice 888sport Review 2024 16 March 2024 hxxps://www.cryptone |
Posted at 14/3/2024 19:57 by hope1815 On the outlook for 888 Holdings, the upcoming Trade update should show if the CEO has had any influence.I did a feasibility study (Business success may be defined primarily by return on investment, meaning that the project will generate enough profit to justify the investment).Revised update November 2023 Pre Study On 888 Holdings on the understanding of Due Diligence, The Revenue outlook, the Synergies on the Acquisition of William Hill with 888 Holdings, The bonds issued to cover the purchase of William Hill's forward-looking costs, the Asset Portfolio of William Hill/888 Holdings (William Hill UK, 888casino, 888sport, 888poker and Mr Green. They operate the SI Sportsbook and SI Casino brands in the USA in partnership with Authentic Brands Group and others)The outstanding issues with Goverenece pre-June 2023. Also, other areas that impact the cost ratio with Rent/Wages outlook, etc. Post Study With the above in mind, 888 Holdings took a large part of the Bonds to purchase William Hill with Morgan Stanley and JPM. This accounted for 1.3 Billion with Various rates of 6% to 10% range these run to 2027. The payment required over this period for Bonds Holders on a Bi-Annual Basis. The Float Debt which stood at 350 Million. The Asset Portfolio of William Hill and 888 Holdings net worth compared to the Market cap of the company in November 2023. The Asset Value across the company certainly suggests the Debt and Market cap presently do not match the Asset Value. 888 Holdings Board came up with a plan to reduce the Debt ratio by 2025 within a reasonable manner in 2022. It is now March 2024 and I decided to widen my Previous saved post and broaden the outlook. SI Sportsbook has been put under Strategic review. This seemed a forerunner when 888 Holdings pulled out of Deleware in December 2023. This will save £6 to £7 million in the coming year but has an overhang of £50 million over 5 years. 888 Holdings continues to hire people on the Compliance in line with CEO thinking. They also have invested in AI with some partnerships mentioned. The group has launched 888 Titles around the world in different regions Asia/Africa etc. While this is on going there was thinking within the team on how to tackle debt and free 888 Holdings from it. The following is speculative outlook and in no way indicates what may come about. 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 core profit of £300 million plus. The dividend may be restored with some equity release, selling some of the groups net asset increasing cash flows. I would add more but its a bit in depth so I chose a short version. If the above in any way did come about this leaves 888 Holdings with Market Cap of around £1,649 Billion with operating costs in profit and growing markets. The divdend percentage would be around 0.8% to 1.2%. If a bid did come in you would value the company around £3 Billion if the above scenario happened. Happy Investing |
Posted at 27/2/2024 20:07 by hope1815 Ok, Imperlist you left changed heart people do, listing other companies that your affair.Looking forward to 888 Holdings partnerships which it mostly owns. Below is just one of 888 Holdings - 888 Emerging Limited Isle of Man Job MLRO hxxps://www.locate.i It seems Governance is important to the group and follows the CEO's thinking. Also looking forward to Alex Smith's Third Bridge outlook- The larger operators have adopted a more cautious approach as there are huge uncertainties on the long-awaited white paper. This paper could bring about significant changes in how online gambling is regulated, especially concerning consumer protection and marketing. Our experts predict that it will take 2-3 years for these regulations to be fully put into practice. “In late 2024, 888 Holdings might see an improvement in their market share, as smaller regulators may leave the market. These smaller operators don't have the time or expertise to focus on compliance. Additionally, the potential increase in Gambling Commission fees will financially impact them even more. "888 Holdings can benefit from the retail locations of William Hill. Our experts anticipate a significant increase in retail activity and a shift away from digital platforms. This is due to the introduction of measures that will be somewhat too restrictive for online customers. "Our experts anticipate a decrease in 888's marketing expenses as a percentage of sales, dropping from 23% last year to approximately 16-17% in 2025. This reduction is attributed to a decrease in the use of brand ambassadors and affiliates, in part due to the influence of new regulations” There is another outlook on the Mobile for 888 towards the end of 2024 with an increase in market share with an update on Governance and compliance on A. I data. If you do the research and dig up come up with a general idea of how 888 Holdings is going to develop. Remember the group is just not UK based. I have researched the group and read reports on how White will impact the Gambling Industry. The bigger companies will have an advantage in costs and data implementation. I am holding medium to long term. Short Term for speculative Investor a Buy Long Term Inventor Hold Happy Investing |
Posted at 27/2/2024 17:33 by hope1815 Baldrick 1 is correct in assuming 888 Holdings will have to increase Revenue to offset the debt over a longer term. The Revenue presently is above the Debt £1.3 JP Morgan co hold 2027/28 Maturity. The floating debt is been eroded with present cash flows which should show further inroads of £350 million (£180 million left).I have mentioned some information on the plan the CEO is putting forward on 26/3/24. This will increase Revenue in 2024/25. The white paper in some areas benefits William Hill Group within the UK. On the short position I have covered that by listing who/when they hold and the price held on their position. Overall 888 Holdings has had a rough 18 months, with ups and downs in the share price. The group as a whole has a good brand worldwide on the mobile market. Mr Green in the Nordic region has good exposure. William Hill in the UK has a street presence and a good Portfolio. The USA 888 Holdings has increasing Market exposure. Asia and Africa are becoming more open and projections show the market will increase. Many Analyses suggest 888 Holdings will be bought sooner rather than later. Happy Investing |
Posted at 27/2/2024 06:00 by popit Some people give far too much importance to shortsSo 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 23/2/2024 19:41 by popit 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 only questions remaining really are will there be a bidding war involving multiple other players? and how much over £2 or £3 will Playtech or Draftkings have to bid? The gambling industry continues to consolidate every month and there are not too many prime targets such as 888 and William Hill left to buy. Kindred was the most recent takeover bid at a takeover price of 2x Revenue. If 888 was to be taken over at a similar price then Playtech or Draftkings would have to pay about £8 per share. |
Posted at 17/2/2024 07:34 by hope1815 Well a monthly review on the share price. On 17/1/24 888 Holdings share price was 79.75 but over the month has risen to 94.84 17/2/24. This shows a 18.92% increase over the month.888 Holdings presence in the media when searches are conducted on a daily/weekly basis has increased across most Gambling platforms. News Articles which mention 888 Holdings seems to be more common place. Just to illustrate 3 Articles are below last 24 hours. hxxps://www.hu17.net hxxps://www.gambling hxxps://sepoy.net/ne I thought it may be interersting to people if they wanted some information may be pointless but news is knowledge. Happy Investing |
Posted at 03/12/2023 07:15 by hope1815 Within the past month, 888 Holdings has been under 2 bids back in July 2023. DraftKings with discussions with FS Gaming without the board's involvement. Also, Playtech in July 2023 as well with a Bid at£1.56 per share around £700 million.The CEO has bought a few shares recently around 2 million at an average of 82p. It seems the Articles on Bids for 888 Holdings for some reason are being leaked. 888 Holdings' presently share price is around 70p and William Hill Portfolio's Asset value is more than its Net debt with 888 Holdings thrown in. It is reasonable for a bid to come in at around £1.2 Billion, not including the debt for the whole group. Before 888 Holdings bought William Hill the company's Market Value was around 600 million, Purchasing William Hill for 1.9 Billion would make the company as a whole around 2.5 Billion. The present market cap and Debt of the company is around 1.9 Billion as a whole. Looking back I think the chairman and former CEO were not too bright. Apollo Asset Management has been quiet in the background, They may bid for the company as a whole and then split up selling off 888 Holdings/ William Hill. The bidders are trying to buy on the cheap which anyone would do. |
Posted at 16/11/2023 20:57 by hope1815 I have been doing a bit of research into the UK Gambling Companies which may be open to bids in the near future. I have concentrated on 3 companies Rank, Entain, and 888 Holdings.1- Rank on 19/10/23 released their Q1 revenue showing Rank that group revenues were up 11% at £179.6m, with Grosvenor revenues up 13% at £84.2m, Mecca revenues 11% higher at £34.7m, Enracha revenues 9% stronger at £8.9m, and digital revenues 7% firmer at £51.8m. On 9 November Rank trading shows over 9,412,393 shares were traded and the share price had an uptrend of nearly 20%. No party has yet declared who bought them. 2- Entain presently has an overhang from the investigation from HMRC and has set aside nearly £585 million over 4 years. The judgment once agreed to the terms will be announced in the coming weeks. From 6 to 8 November 2023, many Directors and Investment Funds bought shares. Dodge & Dox Investment Fund crossed over 10% on 6 November 2023.BlackRock, Inc. increased its stake to over 5% on 8 November 2023. Since then the share price has drifted on a downtrend. 3- 888 Holdings were open to a bid earlier in the year from DraftKings as listed in The Financial Times on 8 November 2023 but discussions were discontinued due to GC's intervention. Presently FS Gaming still holds 4.55% of the company. Now you may notice the time frame when all these actions happened between 6 November to 9 November 2023 to the above mentioned. Each of the trading updates mentions Inflationary pressure from each company. A week later UK inflation dropped to 4.6% and many speculated that interest rates would fall in Q2 in 2024. A week earlier an Article mentioned Private Equity and Investment Funds were looking to run the rule over UK-listed companies. It mentioned Leverage of debt eg Bonds mainly. It seems a bit of a coincidence that shares are being bought in the above companies and News released as well. If a bid did come in for 888 Holdings the situation with Entain/FS Gaming is linked to which it will be resolved for all parties. The bid may come in sooner rather than later due to the progress it takes. At that time Q2 2024 would be the closing. Research USA source material, trading updates, UK news outlets, Brokers, etc. |
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