Entain Share Discussion Threads

[bargainsniper] 08/3/2024 11:07

Flutter has 5bn debt and DK over 1bn

[truant2tb1] 08/3/2024 10:59

There's a trade here at some point but you need to factor in the £3bn debt when quoting MCap

[mylands] 08/3/2024 10:47

BSniper

Exactly my point!

[bargainsniper] 08/3/2024 10:28

Entain 4.92M gbp market capital

Flutter 30bn gbp

Draftkings 20bn USD

[mylands] 08/3/2024 10:09

I wonder if an opportunistic bidder will surface? I think most investors would take the cash and run if a bid of £7.00 was put on the table, as who knows where this will go if the current lot stay in charge!

[casholaa] 08/3/2024 10:02

He should have done his research better. I got sucked in thinking 1800p instead of 600p and those numbers were before the latest results.

[mylands] 08/3/2024 10:00

Checking back on Director share deals. In November and December 2023 Gibson bought 118,196 shares, spending £1.088 million, an average price of £9.20 per share. Not a good investment!

[juliemara] 08/3/2024 08:42

Shoddy business in a grubby sector!

[macarona] 08/3/2024 08:36

Don’t think we are near the floor yet….

[cubestone] 07/3/2024 22:35

Couple betting events that could provide tailwinds for Entain in 2024 when comparing YOY are EURO 2024, Summer Olympics, and US election

[suetballs] 07/3/2024 21:15

Yeh - I sort of think we are at the bottom.
Chairman needs to go too.
Suet

[stroller1] 07/3/2024 21:07

The figures on reflection are not so bad and a new ceo will convince the market that they feel the future is rosy, we will see

[loganair] 07/3/2024 21:00

It seems to me Entain will be selling off as much as £1bln in assets in order to pay down debt, this would bring their debt down to circa 2 times.

[bargainsniper] 07/3/2024 20:43

Jette went on a costly spending spree. Now we can get back to being prudent with spend.

[loganair] 07/3/2024 20:28

Leverage rose to 3.3 times in 2023, with net debt at £3.29bn, shows debt is way to high and urgently needs to be reduced by a good 40%.

[bargainsniper] 07/3/2024 19:25

That's right, includes £mHMRC Legal settlement585.0Amortisation of acquired intangibles254.6Impairment289.0We can put this in the rear mirror and move on.

[casholaa] 07/3/2024 18:48

The post tax loss effectively wipred out the last 3 years.

[loganair] 07/3/2024 18:33

In the United States 401K money goes into the stock market, something that the UK and other Western stock markets don't have.

[bargainsniper] 07/3/2024 17:05

We achieved 1 billion Ebitda versus consensus of 964M.Draftkings are forcasting 474M ebitda and look at their share price

[badger8888] 07/3/2024 16:40

So closed at 7.90, could have been much worse. Hopefully news about our new leader very soon.

[casholaa] 07/3/2024 15:26

The article refers to an article from the torygraph

[the white house] 07/3/2024 15:18

Does anyone think a the new boss is sitting in reception waiting for these numbers to be digested so they can put their name on the door next week with a nice fresh outlook instead of being soiled by today

[the white house] 07/3/2024 15:14

You can tell the top 2 have never worked on the coalface for a bookmaker in their 100 year combined career.Paddy have highlighted a 350m hit from a hugely punter friendly September. The worst month for 5 years. This can happen with bookies and then not again for a long time Not a word re this in the statement & how it should be treated as exceptional & therefore making the Q and year look better performing on a long term overall view

[the white house] 07/3/2024 15:11

The Ladbrokes estate is profitable great marketing tool for the brand and has the best tech in the World. Everything else is more of an issueAs you clearly do not use why post trash

[the white house] 07/3/2024 15:09

Shocking inept & inaccurate article