Gvc Share Discussion Threads

[timanglin] 22/8/2017 17:39

If GVC is using its shares to buy other companies, then GVC should concentrate on getting its share price higher. Currently if you take estimated cash On the balance sheet off the market cap, and if the cash generation up to Dec 2016 has increased because of the reduction in debt payments, increase in revenues and synergy savings then GVC share price is very cheap. Let's get the share price up and paying a decent dividend before we start using shares to buy LCL or others? Door, imho.

[mnomis] 22/8/2017 16:38

Interesting re LCL - not necessarily unhappy that no deal ...

[speedsgh] 22/8/2017 15:31

partypoker Announces August 31 Departure from Australian Online Gambling Market -

Online poker operator partypoker today confirmed its exit from the Australian online gambling market, shortly after the Commonwealth’s Senate approved a bill that prohibits the provision of unlicensed iGaming services to Australian players.

The poker brand said in a post on its official blog that it will no longer be accepting local gambling customers as from August 31, 2017. It also informed players that their funds are and will be safe and that they will be able to withdraw them at a time they find fit.

Tom Waters, Managing Director of the online poker operator pointed out that being one of their strong markets, they are saddened to leave. Mr. Waters also said that they will continue working with the Australian Online Poker Alliance in its efforts to convince the nation’s government to spare the game from the overall ban...

...The GVC Holdings-owned operator left another newly regulated market earlier this year. In February, the brand announced that it would temporarily suspend its operations in the Czech Republic while waiting for a license from the country’s Ministry of Finance.

The Czech Republic’s new gambling laws took effect on January 1, 2017, thus opening the local market to international licensed operations. However, a too high tax rate and unnecessary bureaucracy drove major operators away. Although partypoker and its parent company GVC had originally expressed interest in obtaining an iGaming license, they later on announced that they had decided to withdraw their application due to the current regulatory environment in the Czech Republic.

[noujay] 22/8/2017 15:11

Plenty of ambition at GVC and looking forward to an update on figures, which are presumably motoring on nicely

[hawaly] 22/8/2017 15:06

FYO - no position personally.

GVC fails in fresh bid for Ladbrokes Coral

The article states that GVC approached Ladbrokes in recent weeks with an offer worth as much as £3.6bn.

The talks are reported to have since broken down.

[cheshiremoggie] 17/8/2017 08:38

That doesn't sound too unreasonable does it?Of course if we do get 40p this year I expect the so to be around £10 giving a yield of 4%. GVC have had a history of over performance though.On the downside though, I have not heard any update on market expectations of 33.5c for 2017, about 30p.Surely GVC can better that?We shall see...CM

[garycook] 17/8/2017 03:52

CM,If 16 cents,then around 14.5p,making the overall 2017 dividend payments around 40p,and a yield of around 5.23%.

[cheshiremoggie] 16/8/2017 15:35

In fact the dividend resumption is due at the interims in September. Payment October?My guess is 16c.Not long now...

[noujay] 16/8/2017 12:53

No reason not to look forward to the interims. With each step the dividend resumption becomes nearer.

[festario] 16/8/2017 12:53

The GVC event calendar tells you that, on their website.

[hubshank] 16/8/2017 12:49

Next announcement due 14 Sept confirmed according to my broker

[festario] 15/8/2017 15:19

Mmmmm, dividends...... the reason we all invested.... coming to a trading account of yours, soon!

[mylands] 15/8/2017 15:13

Sterling is continuing its fall against the Euro. Comments from forex dealers that we are heading for parity with the Euro before the year end. If that's correct it's another 10% on the value of our divs.

[noujay] 14/8/2017 17:57

I'd like to think that some more positive trading and resumption of the dividend will indeed see a substantial movement, but I was thinking more like to £12 not £6!

[rhuvaal2] 14/8/2017 17:01

have 28k of these @ no cost, even a good profit taken. I shall buy more in the event of a substantial market correction: say in the low 600's ~ let's see what happens, no rush

[hubshank] 14/8/2017 12:02

Not that any body is really interested, however I have just bought some more at £7.53

[shayadfn] 13/8/2017 15:50

TEB- only on paper-

[trentendboy] 13/8/2017 13:38

Shay, given the size of your holding you are already a very wealthy man

[shayadfn] 13/8/2017 08:45

I have been in this share ever since sbt was taken over, so the share were given to me free, I also bought more when the cash part of sbt was given to me by Hills, I have also been adding everytime its goes down, I missed friday's drop as I adding to my goldminers. But looking to add as we get closer to the trading update day. If this goes up to £15.00, I would quite a wealthy person ON PAPER.

[nurdin] 12/8/2017 14:37

I still dont understand why it has been falling of late,despite the a little bounce on Friday.

[festario] 12/8/2017 14:32

Even new holders of GVC could be in that position in a year or two, further organic growth and a major acquisition takes this to nearer 1500p a share.That's a mere 100% rise, and don't forget, I've seen 700% here!

[garycook] 12/8/2017 12:39

Good for you.All profit.Great position to be in.

[festario] 12/8/2017 10:13

Gary, I've been in here since 2010, and due to dividends and profit taking (at the wrong times usually) my average is actually.. 0p

[garycook] 12/8/2017 05:30

Fest,In to early with your 770p purchase,but with your overall average not a problem,and you purchased more in the 730,s.Well done.

[mnomis] 11/8/2017 21:51

Great work Festario. An easy day's work for the old pro 😁. One more dip please so that I can top up - took some profits on a couple of Asian funds today, so am ready and waiting ...