Flutter Entertainment Share Discussion Threads

[solarman2013] 01/7/2020 12:43

Why is it dropping like this? From 115 to 104? Something amiss?

[the white house] 01/7/2020 11:57

Maybe wait until those shifting to secure gains for this Q also....Interim results 27 August but a decent half year flash numbers rns would be useful here or from competitors. 17th normally not too far off

[the white house] 30/6/2020 10:14

Predictable end of M/Q/Half after a good run...Add tomorrow...

[the white house] 26/6/2020 10:26

All of the markets Betfair show give matches turnover amounts 888 results am..two lines...significantly ahead of market expectations andJune sports ahead of 2019, which is remarkable and a read across the whole industry that online uptick in activity has more than matched lower levels of sport. Over 40 of 50 European football leagues are now back playing daily and every month that passes will show an increase even if certain areas are delayed others will still return and add to the party

[thebull8] 25/6/2020 22:08

Where do you get the info about the premier league games? Also, does flutter have a pre market/after hours trading? Didn't think LSE offered this

[the white house] 25/6/2020 19:10

Redburn 53 page report stating Flutter a buy from 130 to 150 and better positioned the DraftKings. Either one of Flutter core business or US arm is now very undervaluedStandalone casino app in Penn launched Signed up as a sponsor and 50 hour a month content provider to 24 hour betting radio station (marvellous idea) SportsGrid All Premier league games are seeing serious multi million pound turnover on Betfair

[the white house] 20/6/2020 09:16

Quad witching options end of day, similar on Flutter with a nasty 17 sales a second were running through in last few minutes dropping it 200p...post market appears to have stabilised higher..

[solarman2013] 19/6/2020 18:40

i dare opine that hard assets are not the way to go, unless they are absolutely needed to buy into a major state. Stars has partnerships with Penn National and El Dorado. That's enough casinos to blanket the USA. Only if absolutely needed, should they buy a hard asset. Poker rooms, in casinos or racetracks, make sense to lease. Yet if anything has been shown in the past three months, its that the huge growth will come from online.

[merism] 19/6/2020 18:04

There are better assets available than Hills' US business. I suspect Flutter would be more interested in Churchill Downs Inc or Stronach Group (mix of racetracks, casinos, online and ADW businesses).

[raulinho2020] 19/6/2020 12:32

@thebull8
They could keep only the US business of WH. The Stars did the same last year in Australia with the acquisition of WH AUS.
Flutter could sell WH´s other divisions: e.g. retail shops to Betfred, MR. Green Gaming to 888 Holdings. Online betting business UK to Betvictor?
Flutter and Eldorado would find a solution, if they are really interested.

[thebull8] 19/6/2020 10:24

I can't see the regulators approving a merger between flutter and WH

[the white house] 19/6/2020 07:09

Vampire Squid reinstates coverage ;Buy target price 132Heavy promotion leading to significant New accounts are killing it in UK this week. With Royal Ascot and Premier football both returning is probably peak for the year...Bet365 are always top of the Apple app download chart with SkyBet, Ladbrokes, William Hill, Coral and Paddy Power following generally in that order This week SkyBet is top with PP second, Bet365 3rd

[solarman2013] 19/6/2020 01:07

I would bet on a joint Flutter and El Dorado acquisition. Remember that Stars has a huge deal with El Dorado, so plenty of people who know each other from the previous deal. We all know that FLutter intends on buying more access into the USA. Buying WH would make a lot of sense, in part because of what you correctly identified as a low PE multiple.

[pin12] 19/6/2020 00:53

The Jefferies report is very bullish on all online betting companies. The one that took my eye is William Hill. It is on a P/E of 11X while Flutter is about 22X. It is also owned 20% by Eldorado Resorts which should give it easy access to the US as states legalise betting. Can anyone provide a reason not to buy this stock? Jefferies price target is about double its current price

[solarman2013] 17/6/2020 11:31

Raulinho check your inbox for her email

[raulinho2020] 17/6/2020 04:04

Thanks Solar for the info .It's really a mess. Could you please forward Fiona's mail address to me? I will definitely contact her.Thanks a lot!

[solarman2013] 16/6/2020 21:50

The share verts were deposited into RBC accounts last week, and will be in TD accounts next week. Its been a real mess of a time getting to the bottom of it. COVID has not helped and threw their system for a loop. Still, there were mess ups and I suggest you contact Fiona at Flutter’s governance department. SHe is great!

[raulinho2020] 16/6/2020 20:23

Hi,as a former Stars Group shareholder one question to the board, especially to Solarman (I know you from the Stockhouse board):Did anyone got his Flutter shares yet?

[harigoyal] 16/6/2020 12:59

Broker Forecast -

Jefferies International issues a broker note on Filtrona
15 June 2020 | 11:40am


StockMarketWire.com - Jefferies International today reaffirms its buy investment rating on Filtrona [LON:FLTR] and raised its price target to 14350p (from 9500p).

Story provided by StockMarketWire.com

Broker Forecasts data provided by www.sharesmagazine.co.uk

[solarman2013] 15/6/2020 18:59

Can you provide link to the Jeffries updated target price?

[the white house] 15/6/2020 17:57

Not sure they will buy just expand ie just announced first NFL sponsorship of the Broncos boosting strategic coverage in Colorado to remain top dog..Jeffries today upped price target to just 143 poundsOn the SkySports Racing channel they are now running huge amounts of races from US via TVG and also from France. SkyBet and PP really pushing the boat out with ads and promos for Royal Ascot tomorrow and Premier League Footy weds. Numbers from June will be spectacular

[trentendboy] 15/6/2020 15:32

Flutter have made some very nice purchases in recent years and the Stars deal was a great one to grab.

Very tempting - massive market cap now - they have done very well recently.

Was never a fan originally but they have done very well against Ladrokes and Hills on the high street.

Anyone know what they will look to buy next? They have valuable paper so could speed up consolidation further.

The valuation is high but this is a pretty safe bet as far as the sector goes and hard to see the US rowing back once sports betting is legalised.

[solarman2013] 08/6/2020 20:08

TWH, yes they the timing is key. COVID could not have been predicted, yet the fact is that the lead horses of PokerStars and FanDuel are driving tremendous growth, hence the raise of $1B to probably buy an asset and then de-risk debt. I will bet that they will announce both at same time (purchase of new asset and debt pay down)

[the white house] 08/6/2020 19:50

Comes is a massive bonus.The guys in Dublin have played, and are playing, their hand extraordinarily well and all kudos to them