Gvc Share Discussion Threads

[mnomis] 02/8/2017 10:55

Yes, interesting "trade" ... buying back 331k shares. Running a short position of ~£30m on GVC seems pretty insignificant relative to their short book of £4.4bn, but good to see them actively trading this little position ... hard to understand the short, other than as a pair trade, as neither valuation or momentum seems to be in their favour, but each to their own.

Edit - don't see any specific and obvious pair in their holdings for GVC, although had a very quick look ...

[noujay] 02/8/2017 10:42

Nice bit of action during a quiet month! Presumably on the back of the Hills results giving the sector a bump

[shayadfn] 02/8/2017 06:03

looks like Marshall Wace have reduced their short last week from 1.39% to 1.28%.

[mylands] 28/7/2017 11:15

I wonder if the mm's tried to shake out the shorters? Let's hope they got scared into closing their positions.

[festario] 28/7/2017 10:44

It would have been a lucrative trade to sell and buy back.... but I didn't do it, because I thought something substantial was behind such a spike.

[noujay] 28/7/2017 10:36

Decent levels of early action then slows to a standstill. Somebody has presumably done their business for the day!

[mylands] 28/7/2017 09:40

What a rollercaoster. Could we be in minus territory soon?

[trentendboy] 28/7/2017 09:09

Could feel the rise so to speak. Interesting times, shame about US regulation. Not over yet but a real struggle

[nurdin] 28/7/2017 09:06

Something brewing?

[mylands] 28/7/2017 09:05

TED

Looks like your sense of smell was correct!

Wild gyrations in the share price Up 18p and then back down to up 7p, now back up 10p. What's going on?

[noujay] 27/7/2017 11:07

There's some more detailed analysis of LADS update today via Regulus if you've not already seen it Trent.

[trentendboy] 27/7/2017 09:28

yes, I hold a load of LADs - a poor investment and underwater but the LADS move up in based on extra cost savings. These synergies can be big as we know from GVC buying SBT and BWIN.

[mylands] 27/7/2017 09:21

TEB

I hope so!

LADS' trading statement has gone down well, up 3.5p.

[trentendboy] 27/7/2017 09:10

I smell a share price rise coming.

[mylands] 26/7/2017 09:15

Shay

It's not often I wish ill on people, but when it comes to shorters, I definitely do!

[shayadfn] 26/7/2017 08:24

I suspect the shorts on this stock will be toast by october

[mylands] 26/7/2017 08:09

My recent analysis where I compared each increased short position since late March with the share price at those times, indicated they are sitting on a large loss. Long may that continue!

[shayadfn] 26/7/2017 06:38

slight reduction in Marshall Wase's short position from 1.4% to 1.39%, I suspect they may start reducing till september.

[mylands] 25/7/2017 09:11

Marshall Wace reduced their short position by 0.01% to 1.39% on July 20th.

They did exactly the same reduction on June 29th then increased it back to 1.4% five days later on July 4th.

[mylands] 24/7/2017 18:47

Maddox

Well said.

[maddox] 24/7/2017 15:14

Hi mylands,

Agreed, and these articles always seem to position it, as in the case of Turkey, as if it's some moral stand against the evils of gambling. Whereas, in fact they are quite happy with gambling as long as its state sponsored and/or owned. These 'clampdowns', 'crackdowns' or whatever the hyperbola are protectionist anti-free trade measures and should be seen as such.

Regards, Maddox

[festario] 24/7/2017 12:39

Wow, all the gaming stocks down on tiny volumes.What a bounce we are going to have from this!

[mylands] 24/7/2017 08:45

I've lost count how many times there have been bearish media reports about regulation of the gaming industry, whilst at the same time I have watched as our 'little' company has risen to the Footsie 250 index. From an AIM tiddler that was virtually, if not wholly, dependant on unregulated markets we are now down to less than 30%, with the percentage continuing to fall.

[noujay] 23/7/2017 11:14

There will be more of this but then there's also continuing growth here plus the J curve after regulation which in the long run can be better.