Entain Share Discussion Threads

[bargainsniper] 17/5/2024 13:38

May 17, 2024Daily Asia Gaming eBrief: Entain working to improve regulation in Asian marketsHttps://agbrief.com/news/17/05/2024/entain-working-to-improve-regulation-in-asian-markets/

[tyroneshares] 17/5/2024 12:40

Once Littlewoods Barry's gone September, I'm hoping they'll be an uptick as he's caused a lot of this. A new CEO should provide another, and surely would have pushed Barry had he not announced it himself. The other board members will have to get their act together if too remain. Wood needs ousting. We need a CEO with a firm hand and clear direction. Fingers crossed it'll be this year. Expecting this to drift lower until then.I'm nursing a £70k paper loss atm. At what point does one bail out?

[mylands] 17/5/2024 12:24

If there are any, shorters are having a field day.

[macarona] 17/5/2024 11:10

Well, that’s what you can hope for now. The share price is lower now than it was in 2018….

[farrugia] 17/5/2024 10:26

its pathetic when the best you can hope is a takeover low-key bid.

[suetballs] 17/5/2024 10:04

Dogs with fleas sometimes have a good day.
It happened to bt yesterday.
Suet

[mylands] 17/5/2024 09:58

One thing I should have learned after investing in the stock market for over 50 years, is that when you think a stock has fallen as far as it can, it is ALWAYS likely to fall further.

So after some hard leassons learned, I gave up 'bottom picking' years ago!

This is another example of buyer beware.

[kael] 17/5/2024 09:23

The rot is deep, the swamp at Entain needs to be drained.

[tyroneshares] 17/5/2024 08:56

Their paper losses are insignificant to those board individuals as they're lined up for massive share awards that'll more than cover it.Outrageous they should be awarded anything with their decision making.

[macarona] 17/5/2024 08:56

New Jersey April numbers does not bode well:

BetMGM sports 7m DOWN to 5m
Icasino 43m to 44m

[macarona] 16/5/2024 22:50

Well, the share price does not share the same view.

[bargainsniper] 16/5/2024 21:24

Of course.

It's no secret DK and FD take lions share of every new US state launching sports betting, they were already there eight year's before the competition.

We maintain our top three US position and of the rest of operators we remain top of the pile

[macarona] 16/5/2024 20:00

What are the chances that in 2026, the share price is still around £8??

It is a really bad reflection of the management to drop from 22% US market share to 14% in 2 years. Were they sleeping or not bothered??

[italianofacile] 16/5/2024 19:42

November 7th purchase by directors, non execs and spouses of directors, sitting on a loss of c half a million.. £
Like to say better at running companies than share picking.. Sadly not..

[davius] 16/5/2024 17:42

I put some BT profits into here today. A bit of a risk but feeling like a punt...

[tyroneshares] 16/5/2024 16:30

Potential to drop out of the FTSE100 this year. The sooner Littlewoods Barry departs the better. Everything he touches gets ruined.Roll on September or a CEO please.

[mylands] 16/5/2024 16:20

2% more of the share price The fall is becoming a crash.

[macarona] 16/5/2024 15:06

Thanks.

Presumably, Fanduel will be higher than DK’s figure then.
Also, explains why the market is putting on Entain’s share price versus DK and Flutter, given their US ebitda projections versus ours.

[bargainsniper] 16/5/2024 13:39

EBITDA for 2026

DK (US only) 1505M USD

Entain (WW) 1487M USD or 500M for Betmgm (US only)

with DK on twice as rich a P/E valuation 26.4 versus 12.4 for entain

Estimates only and subject to change!

[macarona] 16/5/2024 12:19

Does anyone know flutter’s anticipated ebitda for its FanDuel division (US division) and Draftking’s expected EBITDA for 2026?

I know BETMGM is projecting $500m. So would be good to compare against the biggest 2 US operators.

[bargainsniper] 16/5/2024 12:11

Recruiting a new ceo is not like recruiting a new cleaner, it takes time.They are in the process of recruiting a new ceo, in the meantime Stellar is acting ceo.The company is not being sold

[melmoo] 16/5/2024 11:55

Sorry - Hopefully the delay in appointing a new CEO is because it is pointless appointing one if the company is in the process of being sold?

[melmoo] 16/5/2024 11:54

Hopefully the delay in appointing a new CEO is being delayed because it is pointless appointing one if the company is in the process of being sold?

[the white house] 15/5/2024 16:39

Indeed and 6 weeks ago the board had the chutzpah to use the phrase 'succession planning' Still, the Ladbrokes & Corals casino app downloads are 1 & 3 in the charts and the estate has the best tech so limited downside and at some point someone with a decent industry background will find some good tools to play with