Evoke Share Discussion Threads

[baldrick1] 22/7/2024 14:05

This went as low as 53-55p last year..it could revisit it if they don't restructure the big debts by at least reducing it by half. Imho.

[baldrick1] 22/7/2024 13:40

Evoke must sell more unprtofitble assets and reduced debts.

[baldrick1] 22/7/2024 13:20

Nope, maybe I'll but rnk at 60p.

[jaf1948] 22/7/2024 13:16

Is that the RNK whose share price was:

July 2021 165p
July 2022 86p
July 2023 86p
July 2024 71p

Not exactly a winner either at the moment.

[blackhorse23] 22/7/2024 13:03

If you want to buy gambling stock , buy RNK . This will be hammered, will not met next year target

[the white house] 22/7/2024 12:31

Last paragraph littered with errors. Ignore

[bargainsniper] 22/7/2024 12:07

Thanks baldrick for your cunning plan

[baldrick1] 22/7/2024 11:50

I think this will be a very good buy at 50p.gla

[lorse] 22/7/2024 10:10

oneillshaun - No, completely glossed over.

Also no rationale behind how new gaming machines will transform UK retail. I have asked IR what % of the cake UK retail is, and how this is split between OTC betting and gaming. Can anyone enlighten me here?

If other high street shops have better machines, are William Hill customers vacating the shops to try them out? Will WH customers tell their Ladbrokes friends about the new machines?

I have asked about footfall in the shops, as if that is falling, then these new machines may not solve the problem.

If UK retail is only 10% of the business (my guess?) then it will be managed decline with the unprofitable shops shuttered first, like in Teddington where two Ladbrokes shops have closed in the last 2 years. There is now No betting shop in the town.

[oneillshaun] 22/7/2024 10:09

Based on what?

[blackhorse23] 22/7/2024 08:30

Once below 50p likely

[oneillshaun] 22/7/2024 08:25

Let's see if our CEO is going to average down right now he is holding a huge loss

[oneillshaun] 20/7/2024 10:04

https://next.io/news/technology/gambling-operators-technical-issues-microsoft-outage/

[bargainsniper] 19/7/2024 13:07

Evoke websites wmh etc all seem unaffected by Crowdstrike outage

[kelso29] 19/7/2024 12:02

Regarding the exit from US, (to be completed by year end,costing about £40m) is that fully included in yesterday's update? If so, the update isn't too bad, but if the £40m hit is included in H2, then H2 won't be too clever either!

[bargainsniper] 19/7/2024 10:08

Expect share price to be volatile until we see numbers to underpin the turn around plan.

The profit warning is a disappointing and largely due to expensive advertising campaign not translating to higher profits.

That said there are also some good positives in the update too.

[oneillshaun] 19/7/2024 10:01

Agreed but it fallen from 130p last Sept to this with a new CEO on board who was meant to be the saviour yet in his first 9 months they take a phenomenal hit from the US and a major profit warning.Was an explanation given on the call for the marketing disaster?

[bargainsniper] 19/7/2024 09:53

It's only a problem for investors with no patience. Evoke is significantly undervalued and share price will go up again and another bid for the company is quite likely

[pinemartin9] 19/7/2024 07:14

He has 2 million quid exposed here too personally.

[1choip] 19/7/2024 07:08

50p more likely

[oneillshaun] 19/7/2024 05:00

Per joined as CEO last October so he was full aware of the marketing plans for H1 2024 yet they went ahead and wasted money, I assuming the huge costs relate to Cheltenham.Why is there nothing about Africa I thought this was generating solid revenues and traffic.

[pinemartin9] 18/7/2024 23:58

Ridiculous. That would mean a portfolio of 100 shares. Just silly.

[window kleaner] 18/7/2024 20:13

What ever you decide to do never invest more than 1% of your total investment in a single company, imo of course.

[oneillshaun] 18/7/2024 20:05

This was when they had the US business they will not get even close to that right now, and if they screwed up the last 6 mi the so badly imagine the same for the full year.

[bargainsniper] 18/7/2024 19:52

More than double current sp