Entain Share Discussion Threads

[bartyb] 09/3/2022 16:00

My Mistake

[mip55] 09/3/2022 14:39

That's MGM the movie maker as opposed to the casino company

[bartyb] 09/3/2022 14:25

Amazon cleared to buy MGM

[srpactive] 09/3/2022 13:28

Yes but no buying from Yankie Doodle Daisy.

[the white house] 09/3/2022 12:47

RNS Directors buys 3 significant inc from one that already has a good fewThey know

[coxsmn] 09/3/2022 11:16

P/E ratios 22e, 23e, 24e
MGM 47.6, 25, 26.3
ENT 18, 12.7, tbd
FLTR 83.2, 21.5, tbd
DK -4.54, -7.46, -11.4

[coxsmn] 09/3/2022 10:42

Mgm cash pile being eroded by high inflation so putting to use with buyback?

[the white house] 09/3/2022 09:50

Baseball deal soon to be done & Disney on the prowl. Trading Update from Gambling Realms reads across in igaming US as ahead of expectations first 2 months Market will be on the front foot for rest of the year from these absurd levels

[fenners66] 09/3/2022 09:30

"..who is running MGM..."

Most likely the self-interested

[the white house] 09/3/2022 08:52

proportionate levels sounds both reasonable and good for the industry no one involved in the industry or government has any idea how long the dream Single Customer View will take to implement. Far, far longer and more complicated than they think. No one will have worked in this customer integration and I predict It will be years, not months and will give long amount of breathing space before it effectively goes live.

[italianofacile] 09/3/2022 08:49

MGM
"Regarding its previous $3.0 billion repurchase plan authorized in February 2020, the company said it purchased 60 million shares, representing $2.5 billion. "

By my calculating thats 41.66 a share...now authorised a further 3bn...

Given MGM now 37 and change, what a waste...

So MGM spending 6bn Dollars on effectively buying MGM?...thats £8 a share cash towards an offer for Entain, but they are using it to buy their own stock at inflated prices...who is running MGM...

[mjb17] 08/3/2022 21:22

thanks hmonk - and for those that think the review doesn't effect the stock - this reasonable (imo) speech caused a 100p swing today! I believe ENT are well ahead of the curve in terms of player protection. Significant harm shouldn't be part of any business model, and I would hope they are playing their full part to get - using the words of the minister - "the balance right".

[hmonk] 08/3/2022 20:55

mjb17 the gambling minister’s speech today probably hurt the stocks -

[mjb17] 08/3/2022 20:18

My assumption here is that either the detail of the review is now getting leaked or the markets believe (on the basis of the Govt being overrun with crisis) the review will get kicked back yet again (3rd time delayed) to late 2022??? I would say the latter.

[stamford hill] 08/3/2022 16:39

Next support at 1250..

[festario] 08/3/2022 15:55

They are giving you trading opportunities, that's what!

[srpactive] 08/3/2022 15:54

I cannot stand to see what they are doing to my
gvc, I am going into hibernate mode.

[srpactive] 08/3/2022 15:47

fgs back down to the mgm offer price, the
ftse is only down 20pts!

[srpactive] 08/3/2022 14:42

Yes but the sun dial tells us it is 2.30pm.

[baddeal] 08/3/2022 14:10

Agree CM, as always conspiracy theories prove to be utter rubbish

[cheshiremoggie] 08/3/2022 11:33

I notice MGM shares now below 37.5. Massive drop yesterday- how does that work with the conspiracy to buy us on the cheap?MGM, imho, will obviously make another attempt to buy ENT but when and what price is up in the air. £25+ would be my guess as shareholders won't accept less.CM

[srpactive] 08/3/2022 09:37

Yankie doodle Daisy won't do that it might
help the share price.

[bartyb] 08/3/2022 09:29

is it getting more attractive to mgm ?