More like - The market doesn’t believe any good news around Entain.
Flutter is only down 1.5%…not the 5%+ of cursed Entain. |
All of the share prices of US connected firms in this sector have been falling a bit on news that California won’t consider legalising sportsbooks until 2028 at the earliest. |
No one believes brokers though. |
Given the up-beat Berenberg up-date yesterday it beggers belief that share price has almost given up all of yesterday's gains. I have to agree with srpactive - something underhand is going on here. It just seems to be pump and dump or dump and pump. |
No having shorters mentioning to filter me is disrespectful here. Still holding and increasing but goodbye for now. |
Srpactive makes very valid points but as I've said previously, to force a EGM you need 10% of shareholders to agree so an EGM is not going to happen.
Keep posting srpactive! |
Use the filter! |
Okay I will leave Entain to you shorters. |
Srp. Give it a rest for christs sake. As someone said a few days ago maybe Sharedealing is not for you. |
Just for transparency who is red ticking me, is it you short Julie? Thank you. |
For someone who has supported a UK company for eighteen years I feel a request for an EGM is not unjustified. |
It
Yes Aus and the guardian have an agenda for someone, possibly linked to Aus and newspapers. The UK market is valuing Entain at 700p, draftkings valued Entain at 2500p. The UK has obviously spoken I do not like what they have said at 700p, I like what the US have said at 2500p, nobody can support staying in the UK, unless they are short or working for some company that is going to benefit big time. I want an EGM to be called now to ask if they are happy to help ensure Entain stays at 700p for some company to acquire for buttons or are they going to support the shareholders and list in the US? Simple question and a quick answer is needed. List in the US and get the share price to 2500p equivalent or stay in the corrupt UK at700p.dyor |
Two major movers of Entain recently.Aussie fine and enhanced performance of Betmgm..
Aussie fine potential 2026/7
500m US one off..
Betmgm potential 26/7
Ebitda 500m US recurring
Entains future will be settled in US not Australia |
Yes draftkings value 20bn dollars, we betmgn are better valued a little less puts our stake at 8-10bn dollars, our entain making £1bn op profits and we are valued at £4bn, I say it and continue to say it corruption on the highest level by those that will benefit from the eventual purchaser, then just see which UK investment houses benefit. Wrong. We should be around 2500p, for goodness sake draftlings offered more than that years ago. DYOR |
A shining light out there is the icasino figures for Q4 in MichiganQ4 2023 saw monthly numbers of 41m,41m,42m which have been pretty much flat for years. The Q4 2024 figures of 51,54,59m, Dec the highest in history, are huge monthly numbers and show an important increase and uplift after strategy changes and will gain a lot of attention on both sides of the group. FD also has good numbers whereas DraftKings are being left behind |
Rk, no mistake from me I bought a lot of my holding below 100p.dyor |
 Berenberg: Entain on path to rerating
Gambling giant Entain (ENT) is ‘turning the corner’, according to Berenberg, which predicts a rerating this year.
Analyst Jack Cummings retained his ‘buy’ recommendation and target price of £10.10 on the Citywire Elite Companies + rated owner of Ladbrokes and Coral. The gambling stock trades at 680p and was up 0.53% on Tuesday. Its share price is down 29% over the past year.
Cummings acknowledged the first half of 2024 was ‘tough’, given the ongoing earnings downgrades. However, the second half brought better growth prospects, an upgrade to consensus estimates and improving confidence thanks to the appointment of a new chief executive.
While investigations in Australia and the prospects of penalties have weighed on the share price, Cummings feels optimistic about 2025.
‘Online has inflected and is back in growth, particularly in the important UK region,’ he said.
‘We think US performance is encouraging and we remain of the view that if Entain sustains this performance, there is scope to rerate from its current levels.’ |
I have been following this thread more for education on different views than anything (I don’t own Entain stock). Whilst I have read some interesting opinions, the recent focus on continually referring to the market as “corrupt”; comes across very poorly. I am far from the perfect investor (very far) but I do try to keep my emotions in check and not blame others for my own mistakes. Just my opinion and I wish everyone on here very well with their investments. |
I will answer my own question because we are being held and destroyed by corrupt London for someone they will be financially rewarded by. Scum UK.dyor |
HTTPS://igamingbusiness.com/gaming/betmgm-ip-rights-iconic-tv-shows/ |
List in the USA. Look at flutter.
Come on management, wake up. |
When we announced super figures this time last year we had the world releasing anti Entain data. We need to out move them and get US exposure so we have someone on our side THE USA and NOW dyor |
Tick tock 4th Feb |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
