888 Share Discussion Threads

[kop202] 10/4/2017 10:09

Perceived Takeover target

[peaeff] 10/4/2017 10:05

Having had to bite the bullet, having sold at 253p, I bought back in on 4th April at 270.25 and secured the dividend and now in profit again.

I would like to think it won't be too long before the reason for the resilience here becomes clear.

[dogwalker] 07/4/2017 11:58

Or the full stop went to at the end of 12259? Only joking TEB.

[trentendboy] 07/4/2017 08:49

Statement - not sure where the question mark came from

[dogwalker] 06/4/2017 20:06

Is it? What do you mean: are you making a statement or asking something?

[trentendboy] 06/4/2017 14:04

Good as that is a divi I can reinvest ?

[dogwalker] 06/4/2017 09:08

yes, ex-div today....

[trentendboy] 06/4/2017 08:41

Odd sell off this morning. X-divi or something perhaps

[trentendboy] 06/4/2017 07:35

The PTEC joint liquidity change with Finland and Austria is very interesting.Should benefit those big boys left. 888, GVC. PTEC and poker starsInteresting times

[jamesjoel] 05/4/2017 10:36

Takeover/merger?
Only a matter of time lol

[trentendboy] 05/4/2017 09:31

Flying.

TO announcement soon I suspect. Must be a good run up to £3

[davr0s] 05/4/2017 09:29

Big fat xd tomorrow

[jamesjoel] 29/3/2017 21:21

Yahoo Finance


While buying stocks just because they are potential takeover targets is never recommended, attention from competitors can often lead to impressive share price gains for companies on the receiving end. Here are two stock market stars that could soon be getting a lot more attention from potential suitors.

"Outstanding progress"

Shares in online gaming company 888 Holdings (LSE: 888) enjoyed a positive 2016. Priced at 182.5p in early January 2016, the stock now changes hands for 44% more at 263p. Based on last week's full-year results, the good times could be set to cont inue.

Over the 12 months to the end of December, revenue at the £951m cap increased 13% to an all-time high of just under $521m (18% in constant currency). Profit before tax increased "significantly" to $59.2m, with basic earnings per share soaring 74% to 14.4¢.

On an operational level, 888 reported that 60% of its revenue in the UK was now generated from its mobile offering. And the business experienced 27% and 49% increases in active players of its Casino and Sports games respectively.

As far as international trading was concerned, 888 saw an impressive 45% growth in Spain, making it the company's second largest market. There was also evidence of good progress being made in Italy, Denmark and the company's newest regulated territory, Romania.

Those already investing in 888 for income had reason to celebrate following management's decision to hike the total dividend by 25% as a result of confidence in the outlook and the "strong free cash flow" currently being generated.

With the gaming industry continuing to move online, I suspect 888 is set to become a strong bid target. Its geographically diversified operations, four B2C "product verticals" (Casino, Poker, Sport, Bingo), B2B arm and net cash position should make it highly desirable in a consolidating industry.

[trentendboy] 24/3/2017 14:23

MUST be the reason for the rise IMO

[davieday2] 24/3/2017 10:37

nice to see it on the move again will still get a good return at £4.00 better than the bank ?

[peaeff] 23/3/2017 18:33

whoops! another bad move by the look of it. still a profit is a profit.

[oohrogerpalmer] 23/3/2017 18:33

Wmh have to make a move somewhere soon. Would they come back for 888 ?
Options are getting limited and they are getting left behind.

[trentendboy] 23/3/2017 18:29

Another strong move.Must be from the gvc results where Kenny hints at another deal.Very few affordable assets left.888 not so easy to make money as it is already well run. BWIN and SBT were not.Hills could be next it really could as a merger. That is my predictionStill, someone will take out 888 soon enough

[trentendboy] 23/3/2017 12:28

three quid for sure

[ricardothebrave] 23/3/2017 09:39

Re-invest for me, as I can see this moving to £3 in the medium turn. I'll then assess my position again.

[jamesjoel] 23/3/2017 09:10

Are people taking the divi or reinvesting it in more 888 shares advice please. I normally reinvest it but not too sure what to do this year

[ricardothebrave] 22/3/2017 13:39

I think we'll see a re-rating to the £2.50 mark, and will then move on rumour more good news from there. Plus I'm not missing out on a very nice dividend payout either.

[dogwalker] 22/3/2017 10:08

Lol. Hopefully not !

[peaeff] 22/3/2017 09:35

I took a very nice profit yesterday at 253p. I shall now look for an opportunity to buy back in, hopefully around the 230p mark.

regards