Gvc Share Discussion Threads

[sogoesit] 23/3/2017 09:43

Yes, around 800+ also jives with a reversion to the chart trend... so some confirmation there too.
I make the 52 week high 772p.

[woodhawk] 23/3/2017 09:34

Sogosit,

I don't think a 7% yield will last long - thus share price ought to be well in excess of 800p as you say.

[nurdin] 23/3/2017 09:24

No probs Popper.I was shocked at the apparent shortfall at first look must admit.

[sogoesit] 23/3/2017 09:16

Heading for 750?
My near term target is 775p based on the "Clean" EBITDA and a 10% tax take.
That would give it an approx. 7% yield for the full year. So i think I am conservative. A yield of 6.5% would put it into the 820's.
Good luck.

[popper joe] 23/3/2017 09:16

Nurdin, thanks for solving the mystery.

[mister md] 23/3/2017 09:03

Got GVC , IGG and CMCX. Safer bets than LAD & WMH imho

[woodhawk] 23/3/2017 09:01

Re IGG - taking a bit of a pasting this morning. Did you get in the other day? If not, might be an opportunity? I'm looking to add to my holding there.

[nurdin] 23/3/2017 08:51

lol...you give in too easily Woodhawk .Should have fought for your .08p !

[woodhawk] 23/3/2017 08:28

OK, Gary, you win!

[garycook] 23/3/2017 08:25

W/H I make it 13.06p atm.That,s dividing 15.10,by 1.1561,the current GBP/EURO exchange bid price.Lets call it 13p.That,s a 1.16 GBP/EURO.

[woodhawk] 23/3/2017 08:16

Next Thursdays divi is circa 12.98p at current exchange rate.

[srpactive] 23/3/2017 08:13

GC

You are right there.

active

[garycook] 23/3/2017 08:11

For sure a great company,and management.

[brownie69] 23/3/2017 08:10

My favourite bit.

The positive momentum reported throughout 2016 has continued into the current year. Pro forma daily Group NGR is up 15% (+16% in constant currency) for the period up to 19 March 2017. This growth has been achieved despite some high profile customer friendly results in Europe during the last few weeks of February and early March. The strategy of exiting low margin sports turnover has continued and as a result we believe a normalised long-term gross win margin for the Group will be around 10%

All in all a fairly good but predictable set of results with the bonus of another special dividend.

[mister md] 23/3/2017 08:10

Thanks Gary. Great combination of capital growth and dividends here

[garycook] 23/3/2017 08:08

If there are 2 further dividends this year around 12.5p,then we are talking of around 50p.and a 7% yield.Possible,but depends on earning from now ! share price starting to motor now 724 up 16p or 2.4%,was hoping for more,maybe later.

[mister md] 23/3/2017 08:04

Any estimates for the expected annual dividend yield from here on ?

[nurdin] 23/3/2017 08:00

Ah mystery solved.Brokers forecasts are proforma ie assuming 12 months of Bwin contribution. Relaxed now.

[timanglin] 23/3/2017 07:58

As to the shareholders for 2017, today we have a growing company with proven growth to march 16th. A company proven to be able to pay dividends, 30 euro cents having been paid for 2016. Significant proven and future cash generation. Proven ability to integrate large competitors. Up to the market now....

[woodhawk] 23/3/2017 07:50

Webcast today at 9.30am

hxxp://www.investis-live.com/gvc-holdings/58c17e9175ca980f0032a439/gls5a8

(Nb: replace "hxxp" above with "http")

[garycook] 23/3/2017 07:49

Will we get another dividend in August and one in November ? So back to 4 dividends a year.After reading the Chairman,s statement.It clearly state,s For the 2017 financial year and beyond, we will pursue a progressive dividend policy, reflecting the growth in the business and aiming to return no less than 50% of free cash flow. In addition, the Board will also give consideration to returning future excess cash to shareholders. Excess cash will be determined by the capital requirements of the business, together with the trading outlook at the appropriate time.It is possible we could get 2 furthur dividends this year.Future trading updates and financial calendar


w/c 24 April Trading update
4 May Posting of Annual Report and Accounts
12 May Dividend payment
25 May Capital Markets day
20 June AGM
July Trading update
September Interim results

[nurdin] 23/3/2017 07:48

ballychan,divincome...PBT and EPS are both adjusted.

[sogoesit] 23/3/2017 07:44

Pretty low gearing now so room for that to do something with.

[srpactive] 23/3/2017 07:32

Mylands

I feel we will get more, the appointment seems very good also.

The start of the year growth looks impressive too.

dyor