888 Share Discussion Threads

[bulltradept] 28/3/2019 10:51

The IC has this as a hold. Surely not it should be a buy surely?

[rbcrbc] 25/3/2019 14:47

888 Holdings Current Yield Details - 4.79%
Dividends Declared in Previous 12 months
Year End Type Announce Date Ex-Dividend Date Payment Date Dividend
12/2018 Interim 27-Sep-18 04-Oct-18 31-Oct-18 $0.042
12/2018 Final 12-Mar-19 28-Mar-19 23-May-19 $0.06
12/2018 Special 12-Mar-19 28-Mar-19 23-May-19 $0.02
Total: $0.122
Dividend Yield =
Total Dividends
Current Share Price
=
$0.102
161.4p
= 4.79%
Dividend Yield with Specials =
Total Dividends + Specials
Current Share Price
=
$0.122
161.4p
= 5.73%

[rbcrbc] 25/3/2019 14:40

Hmmm - I wonder where lse get their figure from ???

[amadeus888] 25/3/2019 12:08

12.2/(current SP)"888, one of the world's most popular online gaming entertainment and solutions providers, announces that its board of directors has recommended the payment of a final dividend comprising 6.0 cents per share plus an additional one-off 2.0 cents per share.Together with the interim dividend paid in October 2018, this totals 12.2 cents per share for the year.

[podgyted] 24/3/2019 14:36

No-one will give GVC the firepower to take out 888 in 2019. After the director share sale everyone will want to see at least the H1 accounts - more likely full year.

No way would 888 shareholders accept GVC paper.

[amadeus888] 23/3/2019 16:36

Dividend Yield of 7.5%

[oneillshaun] 19/3/2019 08:47

deanowls - i see one of two things happening, GVC take 888 out or 888 take a decent size company like LeoVegas.

[deanowls] 19/3/2019 04:01

Yeah the fine last year showed that didn’t it. I hold both and believe gvc will take out 888 at some stage.

[podgyted] 18/3/2019 18:37

888 are smashing GVC on corporate governance.

[deanowls] 16/3/2019 08:37

Gvc are smashing them on poker and bingo.

[podgyted] 15/3/2019 21:30

?? Casino (biggest segment) increased by 8%.

[coxsmn] 12/3/2019 09:01

Group revenue decreased by 2% B2C Sport revenue increased by 6% (this is with a World Cup year boost)B2C Poker revenue decreased by 37%B2C Bingo revenue decreased by 17%30% of revenues in unregulated markets

[oohrogerpalmer] 12/3/2019 08:54

Decent enough results, What's interesting is that online gaming is forecast to increase by nearly 50% over the next 4 years.
Doesn't matter what restrictions governments put in people will still gamble.
Not many industries can hope for even half that growth over 4 years.
Load up on these online companies whilst you can because prices won't be so low again as this year.

[podgyted] 12/3/2019 08:21

At moment market seems to like the results. Outlook on sales in Q1 (up 10%) doesn't seem to tie-in with broker forecasts showing a a reduction.

[oneillshaun] 07/3/2019 09:41

Cheeky marketing stunt by 888, they now get a ton of UK players on top of this deal for free.

[oohrogerpalmer] 06/3/2019 19:29

That's better, should restore some faith in the industry especially as its getting battered from all sides at the moment.

hxxps://www.racingpost.com/news/u-turn-888-to-honour-ante-post-bets-placed-with-betbright-following-purchase/369501

[shaker44] 06/3/2019 14:32

I am happy 888 just cherry picked what they wanted without getting sucked into a bigger spend

[oneillshaun] 06/3/2019 09:20

make no sense not to buy the customer base, would have been a nice chunk of UK sports book players.

[trentendboy] 06/3/2019 08:14

InterestingYou would think the customer base would be worth something

[oohrogerpalmer] 05/3/2019 22:36

Wont do the betting industry any good especially 888.
Can't believe that bets already on the books were not addressed.
888 must have known this would happen and it reflects badly.

[bor491] 25/2/2019 11:52

btw the main products of 888 is not sports betting but online casinos but some poker/bingo. So yes they are impacted by the US Dept opinion on gaming I'm afraid...!

[red_shed2000] 19/2/2019 17:54

18 mln for 3.7 mln EBIT +synergies looks like a damn good deal to me...

[oneillshaun] 19/2/2019 16:15

888 acquires bingo brands from JackpotJoy for £18mln

888 Holdings PLC (LON:888) has strengthened its hand in the online bingo market through the acquisition of a clutch of brands from JPJ Group PLC (LON:JPJ) for £18mln.

Costa Bingo, City Bingo and Sing Bingo all already appear on 888’s Dragonfish platform but instead of licensing them, 888 will now own them itself.


READ: 888 Holdings says confident full-year adjusted underlying earnings will be in-line with its expectations

The transaction will be met in cash with £12mln paid on closing the deal and the rest to be paid in September 2019.

Mandalay, as JPJ calls the business being sold, generated £11mln of revenue and approximately £3.7mln of profit in 2018.

Main market-listed JPJ says it wants to concentrate on its JackpotJoy brand.

Itai Pazner, 888’s chief executive, said the brands being bought had originally been developed on the Dragonfish platform.

Consolidating them into its existing B2C portfolio means they can benefit from 888's product, marketing and customer relationship management, he added

[shiv1986] 19/2/2019 14:42

As a valuable BB on the ADVFN forum, we've decided to integrate more information onto our social platform on Twitter to create that real time aspect whenever we can.

It would be appreciated for those on Twitter to start to follow us to participate in our polls, see the latest information and the chance to win our exclusive offers.



Many Thanks