Gvc Share Discussion Threads

[mylands] 11/4/2017 08:28

Erratum

Thought I would check the company website to see if they have updated the event calendar to give an actual date for the trading update and hey presto, it is no longer listed!

For 2017 the only item is the March 23rd Prelim Announcement, no AGM or anything else listed for 2017.

Also noted that the webpage states it was last updated on Dec 5th 2016. Now, I am certain I have seen a later dated event calandar that included the AGM being in June of this year.

Ignore this post! I now realise the event calendar was included in the Prelim Statement. The trading update is w/c 24th April 2017.

[mylands] 11/4/2017 08:15

For the sake of accuracy, the trading update is w/c 24th April, and may therfore not be issued until 28th April.

Good posts from both sides of the fence about GVC. Keep them coming. I am amazed at the length of some of them. I have neither the inclination, nor the time to compete in the 'longevity' stakes!

FWIW I think this track-back has a lot to do with the reports appearing in the press about another acquisition. Could we be seeing our 'little' company being elevated to the Footsie before the end of 2017?

[nurdin] 11/4/2017 06:13

Blimey woodhawk..'dripping poison into Festarios ear? You kidding me? Is no one allowed to express an opinion here? I have a large holding in GVC (for me) and there is nothing Id like more than to see the share price getting back to its previous highs.I coudnt find a good reason for the share price decline and the only thing I could ascribe it to was the fact the new gambling regulations are to be announced soon and that could have made some nervous..I did state in my post that the fear is probably baseless.

If you cant handle statements like that then I suggest you stop reading BB comments because there will always be posts which will highlight some negatives from time to time.My post wasnt even negative,it was just an opinion..ffs!

[kuss1] 10/4/2017 23:34

GVC, just a rapidly growing business making huge amounts of cash. Nice combination...

[velod] 10/4/2017 23:19

Volume was just a bit less than HALF the longer term averages today. Less than half!

. . . If there's one thing to take away from low volume days it's this: Beware basing decisions on the apparent depth of power and direction of the share price that appear to show unusual but significant share price movement on such days.

. . . It's known as a prime time for manipulating a share price by judicious selling/buying by interested parties. Not my opinion - just Google info about low volume days and share price movements.

. . . Not unusual for a substantial movement in the share price in the last dying seconds of the day, but against a background of low volume? In the final seconds? - And I do mean seconds; but can be persuaded to accept one full minute at most.


. . . I don't trust the veracity of tonight's closing share price Won't be surprised if it turns out to have no legs. Even if it does, I'm of the firm belief the retrace is close to it's ultimate floor with very little travel south, left in it.

[woodhawk] 10/4/2017 22:37

Festario,

Look back over the past 18 months - the GVC chart is a series of sharp spikes up, equally sharp pullbacks (like this one) and then significant and lasting moves higher. Absolutely no reason it won't be exactly the same this time. Forget opportunists like Nurdin dripping the poison (ANY handy poison will do) into your ear, pointlessly hoping to shave 0.00025p off his buying price by scaring out a nervous holder or two. IMO this share, like some others, particularly suits short term traders as there's no stamp duty to worry about. So you just have to play the game and turn the rises and falls to your advantage, or sit tight, grit your teeth and wait for the inevitable conclusion. Look at the very similar pullback during May/June last year - the share price put on more than a couple of quid after that. So £9+ in a month or two is equally as achievable from here, imo.

[festario] 10/4/2017 22:17

Nurdin, how do you come to that conclusion when 888 is flying, WMH is recovering and LCL are stable to rising?All of these companies have much more to fear from U.K regulators than GVC do.For the last 7 years I've heard that GVC investors should fear online regulation.... nothing has ever wobbled it, nor was it ever likely, and I've simply sat back and bought more every time these silly scare stories come along.

[nurdin] 10/4/2017 21:08

The decline could also be due to regulatory worries.New regulations are due out soon, which, although related mainly to the gambling machines at this stage, could also include new directives related to online gambling.That worry has put a bit of a pressure on the share price imo.Baseless most probably, but the market being what it is,a few have taken to the hills.I wouldnt bet on the share price bouncing any time soon but wtfdik!

[velod] 10/4/2017 19:33

After that closing down at 710.5p (in the final, final seconds!) and it also becoming the day's low too, it's put the cat amongst the pigeons.

. . . If (that word 'if' again :) ... IF it is to be bearish tomorrow, and the signs are that it actually will be, then the next stop-over point is that 705p area.

. . . However there's just as much chance 710p support is the final floor and the share price does an about face. Don't underestimate the 710p support. Give it a chance to do its stuff.

At the end of the day this is in XD period, so much of the decline is manufactured/manipulated until it's out of XD. I've taken the view that XD periods in GVC have always been an opportunity to acquire, due to the brutal bear rating the MM's dictate during that period and absolutely no place to sell up (conversely I have 2 shares at the moment that are soaring upwards through their XD period). My Buy limit-order triggered tonight seconds before closing and I'm well pleased.

. . . Got my first part-purchase share in for this year's ISA - At a good price (711.5p) even if the share price declines further tomorrow. Based on past historical evidence there's an extremely high chance the share price could end XD higher, than it entered the XD period! (And that was 744p if you've forgotten :)

. . . At some point between here and mid May, possibly before the end of April, I don't see how the share price can not fail but to rise.

This is just an aberation. This is XD. This is a buying opportunity, plain and simple.

. . . And now the small print: INMO. DYOR and all that, no guarantee that past performance will be repeated in the future etc., etc., blah blah blah.

[festario] 10/4/2017 18:51

There'll be another spike up on 23rd April, so I'm only buying between now and then.

[nurdin] 10/4/2017 18:30

So the question is,do you take advantage of this decline or do you follow the chart and take a defensive action?

[festario] 10/4/2017 18:19

I have warned on many occasions about having tight stop loss orders.They are visible to market makers, and they WILL harvest your shares on the cheap, only to sell them on rapidly at a profit.I learned this lesson the hard way.

[mnomis] 10/4/2017 13:11

@ Velod - thanks for detailed response to my question - appreciated. Will have a nibble around these levels or a little lower. There is potential for a temporary sell-off on another acquisition (which was when I think we both previously took advantage and bought in initially), but timing / impact hard to predict with much certainty. Will have some in reserve though for that potential ...

[speedsgh] 10/4/2017 12:34

Kenny Alexander: The poker-playing GVC boss itching to get chips in middle when takeover cards are dealt -

...For all its worldwide reach, GVC doesn’t have a significant presence in the UK betting market. The theory goes that he buys William Hill, gets a major online presence at a stroke and then sells off the hugely cash-generative shops to a private-equity buyer.

“If only it was as easy as that,” he mutters, although he won’t comment directly on whether a bid for Hills or anybody else is in the offing. But the bosses in the sector say he has put the feelers out all over the place, and there was also chatter of a tie-up with Ladbrokes Coral before Christmas. Whatever happens, nothing will get done until after the Government completes its triennial review of hugely controversial gaming machines, expected later this month...

[speedsgh] 10/4/2017 12:31

GVC Holdings Upgrades bwin Content Offering Through Launch of NYX OGS -

GVC Holdings selects agency to grow presence of Bwin brand -

[woodhawk] 10/4/2017 12:07

"self employed running a (very) small retail/mail order business"

Ebay and car boot fairs?

[trentendboy] 10/4/2017 08:31

I thought as much velod. I did wonder how you could be gainfully employed ??I wonder how you made your initial income to allow you to invest for dividends.I am a Professor btw at a Russell group University

[festario] 09/4/2017 13:30

......'So self employed running a (very) small retail/mail order business. Prior to that I was employed in retail management'That actually sums me up, uncannily so.

[timanglin] 09/4/2017 11:35

For me, I am now retired, however started getting interested in shares before the crash. The crash was, in retrospect, one of the best and most painful learning times. From then have got absorbed into shares, now 80 percent of my available 'work' time, belatedly I have been reading Livermore and minervini. I should have read them years ago, in particular about managing losses. As to Gvc, one could argue that following a minervini stage 2 uplift, we are now in the first period of consolidation and in a period of 'VCR', as minervini puts it, a time when weak holders are being replaced by strong holders. To share my interest in shares.

[velod] 09/4/2017 11:05

Morning T/tboy,

. . . How I long for the day where I am able to answer the question: What job to do you do? with the same answer Roger Moore once gave as Simon Templer in 'The Saint' when asked the same question (which I saw as a kid and have remembered and adopted ever since as my targeted life-goal, which is) -

"I have a private income".

. . . Cue: raised eyebrow and a halo appearing above his head.

. . . Divi's are almost getting me there, nearly, but not quite yet - besides can't touch it yet as the bulk of the divis are in my SIPP. So self employed running a (very) small retail/mail order business. Prior to that I was employed in retail management.

. . . I'm effectively full time researching/"analysing" shares etc., and as a distraction have a business almost as a hobby, for the odd day in the week. LOL! (True though! )

. . . Hope that's not the 'interesting' they used in snooker player Steve Davies nickname:
"Steve Interesting Davies", to emphasise how truly boring he was :)

. . . PS. I've shown you mine; now show me yours - what job do you do? :)

[trentendboy] 08/4/2017 19:07

Velo, you are an interesting character.What job do you do out of interest.

[velod] 07/4/2017 21:45

Hi Mnomis,

In a nutshell, my highly personal answer to your question is already contained within my post just a couple of posts before yours = 705p to 710p in post 25699 and a fuller explanation further back at 25628 ======================

. . . Personally speaking, INMO you can’t go wrong anywhere in this 7-teens area (nor 720p’s either). But if you’re determined on a killer best entry point then a bit of breath holding, and a bit of luck is called for, as the share price could be ready to wander back up for a bit as it’s looking marginally positive tonight.

. . . Thought 705p was the stronger support level but your question caused me to examine more carefully and INMO it’s the 710p that is the stronger of the two.

. . . (Long story short, took until today to fully fund my 3rd different ISA today with a new broker (got a running total of 3 brokers on the go now) so will be looking to add to the new acc whilst the share price is on XD offer. Haven’t got GVC in any of the previous ISA’s, only the SIPP - until now.

. . . (The larger overweight GVC holding in my SIPP is sacrosanct and will not in any way shape or form be diluted (427p average) so 710/11p is my beginning entry buy for the new ISA, if I should be so lucky and, will be buying in budgeted chunks down to 705p - if it happens (and below that, if it’s to be)
- but I’ve already explained my reason why, on anecdotal historical evidence why I don’t see it retracing below 705p - if it can even get to 705 in the first place that is. Looking doubtful I think.

. . . If I lose my nerve then I’m more than happy to buy in the 7teens and the 720p’s. Will need to think it over during the weekend. But for anyone buying for the long term, then none of this matters, as it's good anywhere in this vicinity.

. . . The share price was on the cusp of rising on Thursday closing up at 717p - only to mysteriously open down Friday morning, out-of-the-blue at 711.5p which coincidentally is also the same figure by mathematical calculation for the support level, not 710p which is why I posted of smelling a rat (mates rates) this morning at the “coincidence" of it all.

. . . 710p is by naked eye looking at the price action charts. But all in the same ball park. (705p comes out exact using both methods - as it’s supposed to). But I find my naked eye method almost instantaneous and much faster anyway.

. . . Oscillators and indicators still showing this retrace is still on; they haven’t yet shown signs of turning. Candlesticks are a bit iffy, warming to the retrace faltering.

. . . Relative strength is sitting pretty, ready to cope, allowing room to assist with any rise up.

. . . PS: Noticed that the 50day MA is bang on 700p as of tonight. Both it and the institutions favourite matching partner to it, the 200day MA are now the right way up (since mid March) but that 717p looks awfully close to 700p, almost as if the bears are using XD as cover for a mission to attempt messing with the purity of it.

. . . But bullish institutions, (...Cue Dad’s Army theme tune here...:) you Mnomis, and other bullish investors (including me) - will put a stop to it - if we all, each and everyone, get our chosen entry points presented to us.