Future Share Discussion Threads

[napoleon 14th] 20/3/2020 08:30

Not surprised at this bounce but still not sorry I sold higher up!
Not convinced the market in general is yet ready for the recovery that will follow the falls. Covid 19 not beaten yet by a long chalk.

[ayl30] 20/3/2020 08:12

+30% blimey!

[ayl30] 20/3/2020 07:32

Don't think the directors could be accused of foresight re virus. If they had they would have sold a lot more!

[albert zog] 20/3/2020 07:26

Why is this company pumping out so many updates ? Seem obsessed by the share price. Why did the Directors sell shares at 1400p. Whole thing stinks

[ayl30] 20/3/2020 07:16

Interesting share price went up 20% in last two hours yesterday, someone got wind of RNS?

[ayl30] 20/3/2020 07:15

Good rns today, no material change to expectations

[ihatemms] 19/3/2020 19:50

Interesting RNS - Ameriprise Financial Inc - a giant USA fund (ranked 252 in the Forbes 500 list ) has taken a 5% holding - circa 5m shares -in the company from a zero holding before. Can’t record anybody selling though.

[alphabeta4] 19/3/2020 15:04

From the data out there the shorts are closing so could be a last 'hoorah'.

https://www.shorttracker.co.uk/company/GB00BYZN9041/

The volume is also pretty low for such large moves. Level 2 has tended to be unbalanced but that has just changed in the last few minutes. Perhaps the shorters used the general market conditions with the lack of liquidity to push it for all they could. Even Matt Earl said he thought Futr was a decent company just that it got overpriced.

Looks done IMHO so added some I'd top sliced at 1400.

[alphabeta4] 19/3/2020 14:31

Ok - this is a bit nuts now. Fallen to a fwd of 6. RCH is on 5.75 (pension adjusted) but future had a far more digital existing business (which tend to trend on higher ratings - usually at least 12). Anyone able to shed any light? No obvious short notes I can see?

[malcolmmm] 19/3/2020 00:28

Week of March 16

The ongoing coronavirus pandemic continues to cause widespread effects throughout the sports world.

The cancellation of March Madness registers an enormous hit on the entire sports betting industry. It also appears it will be months, not weeks, before US sports return to action.

Follow the most recent legislative happenings on our sports betting bill tracker as 2020 sessions heat up.

Keep an eye on our Twitter feed for updates throughout the week, and don’t forget about the weekly LSR podcast either.

[sabyro] 18/3/2020 15:43

online gaming spike shows in GamesRadar traffic stats for FUTR. 15.43m Mar-20 Vs 7.84m Mar-19 (+96.7).

[74sjh] 18/3/2020 01:14

Plenty of news on Tencent which posted strong earnings overnight showing huge surge in online gaming since the start of the outbreak - millions of new gamers using their platform. Hopefully some read through for FUTR.

[74sjh] 16/3/2020 21:59

How soon would FUTR be expected to get terms of a new transaction (minus the 3 titles) together and agreed? I'd like to see something announced in the next day or so at the latest. With directors out of their close period hopefully they might buy some shares as well or better still provide an update on current trading/web traffic to add some flesh to the no impact statement from last week.

[ihatemms] 16/3/2020 18:48

Shorters starting to close- Luxor buying back .45% or circa 450k shares.

[rampmeister] 16/3/2020 15:49

Missed out on the sub 700p but topped up at 737p. Not convinced this has bottomed but somewhere near.

RM

[ihatemms] 16/3/2020 08:00

Correct and even with the 3 titles there's room for negotiation.

[alphabeta4] 16/3/2020 08:00

Correct by looks of it unless Future can suggest something else (sale of titles most likely).

[74sjh] 16/3/2020 07:54

So it can go through subject to divestment of 3 titles?

[74sjh] 11/3/2020 17:33

Looks like recent volatility is shorters fighting it out. Coltrane have finally started to close and are down to 1.47%. Luxor seems to have increased. (Source FCa spreadsheet) Doesn't make any sense to me being short at these levels following the recent RNS and today's budget announcement.

[squitter] 11/3/2020 16:34

There's a respectable amount of income that still comes from Bookazines and mags, I don't know how much of that is digital, but it will still make a positive difference to the bottom line.

[squitter] 11/3/2020 16:31

https://www.google.com/amp/s/www.bbc.co.uk/news/amp/technology-51832899

Good news for Future in the UK budget.