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BPTY Bwin.Party

124.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Bwin.party Digital Entertainment Investors - BPTY

Bwin.party Digital Entertainment Investors - BPTY

Share Name Share Symbol Market Stock Type
Bwin.Party BPTY London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 124.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
124.00 124.00
more quote information »

Top Investor Posts

Top Posts
Posted at 16/12/2015 09:48 by mylands
Could well be investors covering short positions now that the vote for the deal has been approved. Maybe they thought it would fail?
Posted at 30/10/2015 06:51 by hubshank
They have always believed they could do that. Question most gvc investors have asked is "how quickly?" Many there for dividend only.
Posted at 10/9/2015 10:06 by gotnorolex
The recent exit of some institutions holding BPTY due to new ownership by an AIM listed company, will come back with vigor when the (new share issue) enlarged entity re-enters the FTSE 250 bringing back old and new institutional investors. It's incumbent on them to hold a %age of stock making up the indices!
Posted at 06/9/2015 13:20 by ecoover
re : divi
Trading up-date from 28 August , just few days before the Friday rns states that GVC expect to announce the second interim divi with Q3 update which will be publish in Q4 .

Whereas the Friday's rns says that GVC will pay further divi of 14 cents on completion being done .
So in one rns we have second interim divi and in the second rns we have further interim divi.
I also think it will be one divi but because different wording in both rns I have e-mailed investors relation in GVC.
Posted at 27/8/2015 14:19 by gotnorolex
Following a review of key aspects of the proposed GVC Holdings’ £1 billion takeover bid, bwin.party Entertainment governance is reported to have asked the operator to table its best possible offer.
UK business sources have stated that bwin.party governance were satisfied with key conditions attached to GVC proposal. The review of GVC’s takeover bid has been examined with the potential of presenting the bid offer to investors and the board on 1 September.
“Bwin.party has now asked GVC to clarify, with respect to its proposal, the best terms on which GVC is prepared to make a formal offer to acquire all of the issued and to be issued shares in bwin.party,” a Bwin statement said.
With much speculation surrounding its takeover bid for bwin.party assets, GVC this week announced that it had made significant progress in its negotiations. GVC had said on Monday that it expected to resubmit a proposal to the Bwin board in the near future and on the same terms made on Aug. 7.
Noting its vantage point in ongoing negotiations,London analysts and business commentators have stated that it is likely that bwin.party governance will hold out for bid increases from both 888 and GVC in the coming weeks. It is further noted that the operator will look to drag on bid negotiations which have been ongoing since this February, as governance looks to secure the best deal for shareholders. 

hTTtp://www.sbcnews.co.uk/sportsbook/2015/08/27/bwin-party-wants-gvc-holdings-best-offer/#ixzz3k1MndtB9
Posted at 27/8/2015 14:07 by hubshank
I would imagine investors waiting for tomorrow's update, plus all the mess in China not helping.
Posted at 09/7/2015 19:19 by loganair
The offers tabled by GVC Holdings and 888 for rival Bwin.party digital entertainment are broadly similar in terms of the implied valuation - about £900m - and the split between cash and shares. So what Bwin's board must now do is value each suitors' paper and weigh the risks involved in each against the other. For some analysts the potential synergies which would accrue from a combination with GVC could be considerable larger.

However, investors in Bwin may be less keen to own part of a company that derives a bigger part of its sales from unregulated jurisdictions. The reverse takeover proposed by GVC would also be more complex. GVC would also need to raise cash to help finance the deal. "GVC appears to have edged ahead, but, whichever wins, Bwin investors tired of the constant disappointments should grab what's on offer with both hands, hold" writes The Times's Tempus.
Posted at 09/7/2015 13:17 by loganair
It seems that the article is in favour of the deal:

Looking Ahead

With Bwin putting itself up for sale last year and being in the process of divesting a number of its assets, a deal appears to be in the best interests of the company’s investors. After all, competition in the sector is significant and a larger entity could add a greater amount of shareholder value moving forward. Certainly, Bwin’s share price has been a major disappointment in the last three years, with it falling by 40% during the period. However, given its poor performance, an exit price of 110p per share may be a relatively successful outcome for the company’s investors.
Posted at 12/6/2015 16:41 by loganair
Heart-stopping Friday for investors gambling on the two rival bids for Bwin.party.


Two of the online gambling company’s billionaire founders, Ruth Parasol and James DeLeon, have dumped stakes.

True, they had been ordered to sell them by United States regulators by September this year.

But why pull out now when we’re a couple of weeks away from a decision on the bid?

The answer can only be that they don’t rate the deal’s chances.

The bid is anything but simple: there are mixtures of cash and shares to evaluate, and Bwin, like one bidder, 888, has a sizeable chunk of its operations in the Wild East, the unregulated “grey” markets of eastern Europe.

Tricky to value, in other words. Both sets of bidders seem to think the talks on the deal are progressing well.

But many investors will follow Parasol and DeLeon and take their chips off the table.


Until the 50 million shares were sold, the number of Sells to Buys was pretty much equal, then after ending the day at Sells outstripping the Buys by a factor of 13 to 1 so it seems a good number of small private investors decided to Sell up shop with nearly 19% of Bwin's shares traded today.
Posted at 12/6/2015 16:37 by loganair
Analyst Nick Batram at Peel Hunt - News of the desire of the trustees of Emerald Bay and Stinson Ridge to sell down their respective holdings does come at a strange time. However, unless a potential suitor has acquired the holding then not much has really changed.

Whilst the timing is consistent with the requirement (under the October 2013 agreement) to sell prior to the end of October 2015, to do it when the group is in active discussions with a number of suitors is curious. Clearly the trustees are not privy to any of the discussions, therefore there could be a number of possible reasons. First, they could have been approached by one of the suitors. Second, it may well be that an (or several) aggressive investors have a positive view on the likely outcome of talks and they approached the trustees. Finally, it could just be that the trustees felt that the risk reward situation was suitably balanced for them to complete the sell down.

Our view remains that a bid is the most likely outcome. Much will depend on the scale of synergies and the execution risk the bidders place on any deal. At the top end, it is possible to see 130p plus but equally a more cautious stance on execution risk suggests limited upside from here. If a bid does not materialise then the stock could head back to the 80p-90p level. On balance our view remains that investors should hang on.

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