Gvc Share Discussion Threads

[diviincomesearch] 02/2/2017 20:34

Jfishy, the cost of lending is euribor+2, euribor rate is currently negative currently! So the debt itself isn't expensive to service.

[srpactive] 02/2/2017 19:03

Yes back above the 200dma, which a lot of investors see
as a straight buy indicator.

dyor

regards

active

700p next week, 920p next year.

[velod] 02/2/2017 18:51

Volume ended @ 7.1m - an incredible 470% odd increase over the average! (1.5m).

. . . Haven't fully checked back all the years yet (not important; just acknowledging a significant volume landmark) but apart from an 18m day back in September last year, it's potentially the largest single day for volume ever, outside of that weird pre-Ftse250 September day last year.

GVC has seen some serious action today!

[nurdin] 02/2/2017 18:28

jfishy..I feel the special dividend is/was intended to increase the value of their paper which can be very handy when you are planning an acquisition.Part payment in shares can save far more than paid out in special divi, as long as the measure helps to boost the share price,imo. Just my thought.

[mnomis] 02/2/2017 17:52

Hey Jfishy, don't think debt:equity ratio is looking too bad considering $2.4bn market cap and cash generating ability. Will not take long to clear out.

[jfishy55] 02/2/2017 17:34

What was the trade type? That will determine if they were delayed or not.


The only concern I can come up with (which really isn't much of a concern) is that I'm not sure why with the 250m loan outstanding the special dividend is to be paid (which comes to about 35m), I figure it would have saved 5 to 6m.

Looking to the positive side:

Good to see NGR up approx. 10m/4.4% which suggests NGR back on track as it is similar to the other good months since the bwin takeover (and that despite sports betting being affected - which is the bulk of NGR of course, so good to see).

And a break out from the down trend finally. So I think maybe this could be the start of a new uptrend so I am going to be monitoring closely with a view to getting back in properly, just want the uptrend to be established. I am thinking that the corner may finally have been turned :-)

[woodhawk] 02/2/2017 16:04

AFAIK trades can be delayed for various periods depending on magnitude compared to nms.

[mylands] 02/2/2017 16:02

Woodhawk

If you say so, but when the trades go through on the ticker at the time, I take them as being done then, as opposed to a delayed trade where the time is shown as exactly two hours earlier.

[woodhawk] 02/2/2017 15:50

Mylands,

The 'time' isn't necessarily the time the trade actually took place. Trades of that magnitude can be posted late.

[mylands] 02/2/2017 15:45

Yanks buying?

The 50k trades werre all timed at the time of the trade and not delayed.

[woodhawk] 02/2/2017 15:31

Obviously they could - delayed postings due to size.

[srpactive] 02/2/2017 15:09

Could they be buys from another time?

[mylands] 02/2/2017 15:03

Someone is dumping stock. 5 trades of 50k gone through all at or around the bid price.

6 million traded!

[srpactive] 02/2/2017 14:03

Just close your eyes and open them next week to see 700p.

dyor

[velod] 02/2/2017 13:54

After a strong opening by the bulls, the bears took the lead between 8:30am to 9:30am then dropped the ball losing it back to the bulls who ran very strongly with it again, all morning until roughly 1pm, where the bears have been coming back on strong ever since.

[srpactive] 02/2/2017 13:35

Follow the 50,100 and 200dma, they can give signs.

But if you are a long termer like me, that hunts out recovery stocks,
it is more important to get near the bottom, if not the
bottom just accept it.

dyor

[nurdin] 02/2/2017 13:32

Let me know if you find a cure please!

[timanglin] 02/2/2017 13:23

For me, I sold a fair chunk at about 7.50 and left this in cash whilst the share price dropped. As always I got premature 'purchase' and started buying back some months ago at about 6.50.", i never dan guess the bottom. However I left dry powder waiting for direction and got that this morning, so back in. I guess there are slot if pi's like me. I am looking for treatment for my premature purchasing? Any ideas?

[shayadfn] 02/2/2017 13:23

looks good, good for me as well my holding over the last three months has increased by 10k looking to add more if it drops.

[velod] 02/2/2017 13:14

Mid day and showing 6% up. If it closes by end of day with that mega one day rise then I'll be damned if that's a fully straightforward market sentiment rise alone.

Volume is an utterly staggering 4m ALREADY! (That's 260 odd % up on a normal day and only at the half way stage and rising!!!)

. . . Got to be some hedge fund shorters volumes closing, going on there. GOT TO BE!

Volume today may end at an all time record high at this rate. Is it shorters closing???

Edit: when a price spikes on a low volume day you can often be let down days later. But on high volume days it can be regarded as good as 'locked in' and a not a spike :)

[diviincomesearch] 02/2/2017 12:26

agreed Velod. However it's always difficult when you're trying to invest in the fundamentals and the market is moving against you (when you perceive it to be irrational)

Those selling up at 750p and 700p might have seemed a bit cautious, but given the price has dropped below 600p they've done pretty well. The market can always stay irrational far longer than you expect.

For me, I want a sustained gain this afternoon, no profit taking and then to build steadily over the coming weeks before annual results. Big rises are often followed by a drop over the coming days.

We'll see!

[luckymouse] 02/2/2017 12:16

That buyzone looks nice - money flow divergence anticipated well

[velod] 02/2/2017 11:51

Can't help but feel for the long term investor who posted last week at 588p of hitting his stop-loss and selling up. He/she must be looking on with a rueful gaze at this morning's price action.

. . . I have long come to the conclusion through hard learnt personal experience that when I'm close to selling at a continuing loss due to unfavourable conditions that are contrary to my expectations, that when I'm on my very, very, last legs of confidence it's Sod's Law that is the time that the floor is just around the corner and a rebound is on it's way.

. . . It's one reason I will never top up my current overweight position. I average 427p So can suffer quite a lot of retrace before actually falling into a loss. Might buy in another seperate account (ISA) but will never degrade my current buying average price, which I'm way overweight in, anyway.

[velod] 02/2/2017 11:39

That gap-up was from a close of 616p last night to opening up this morning at bang - straight in at 626p.

. . . If it must revisit to "close the gap" then making a wild guess it would most likely be hedge fund shorters final fling to allow them to close by buying at a better exit. They defo can not be happy with that gap-up, but will no doubt beaver away to use it with big profit takers perhaps as a last ditch attempt to get out cleanly.

. . . Either way it would be a short visit only to close that gap (pun unintended). But you can never guess how long or how soon a timeframe it will be to revisit to 'close the gap'.