Gvc Share Discussion Threads

[srpactive] 11/10/2017 15:18

Yes, I am expecting 900p plus tomorrow, dyor.

[festario] 11/10/2017 14:57

I mentioned to Investment Guru today, over a coffee, that we'd see 885p tomorrow.That was a stretch at 10.30 this morning, not so now!

[noujay] 11/10/2017 14:51

All starting to look very lively trades-wise..

[loganair] 11/10/2017 14:30

Gambling giants GVC Holdings and Ladbrokes Coral are reported to be finalising a multi-billion pound deal before the end of this month.

It is expected that as soon as the government-commissioned review of the gambling sector in the UK is released, both companies will go ahead with the significant merger.

“After the review, it won’t be the commencement of talks, it will be the continuation of them,” David Jennings, Head of Leisure Research at Davy.

Four people close to the Ladbrokes and GVC talks confirmed that both firms are discussing the new management structure. Under the terms of the new deal, Alexander would assume the leadership role while Ladbrokes Coral current Chief Executive Jim Mullen would leave. Moreover, Ladbrokes Coral’s Chief Operating Officer Andy Hornby would take the same position at the new entity, and GVC’s Finance head Paul Miles would assume a deputy role under Ladbrokes Coral’s Chief Financial Officer Paul Bowtell.

Consequently, this merger might shake up the entire gambling industry in the UK. Rivals William Hill, Paddy Power Betfair, The Stars Group, 888 Holdings, Rank Group and Jackpotjoy may well be planning their next moves to keep the pace with the potential gaming conglomerate.

[festario] 11/10/2017 14:24

Not sure now.I'll have a look back.

[noujay] 11/10/2017 14:21

Are you thinking of someone else Fest?

[srpactive] 11/10/2017 14:17

I believe they are saying machine payouts down to £1,
down from hundreds, I reckon they will drop it to £25.

Correct me if I have read it wrong.

[festario] 11/10/2017 14:16

Noujay, I'm smiling to myself, because you were getting sick of this share a few weeks ago.

[mylands] 11/10/2017 14:15

active

Yes, just a tad short of the high we reached of 880p on April 18th 2005 not long after the company floated.What a journey it has been!

[noujay] 11/10/2017 14:11

Hitting the FTSE100 would certainly elevate this to a whole new level.Nonetheless the deal has to be right, and for me that means Lads at a significant discount, unless the FOBT review turns out to be a nothing burger.

[fizzypop] 11/10/2017 14:08

870p and ATH. Nice one Kenny and TS tomorrow.

[srpactive] 11/10/2017 14:06

Near all time high, then blue sky, as I said the other
day I feel this will copy ezj share performance, that
share price exploded with ftse 100 talk coincidentally, dyor.

[mylands] 11/10/2017 14:02

Looks like we have exceeded Maquarie's target price of 865p that they set today! Will they set another target tomorrow?

[noujay] 11/10/2017 13:22

Whatever KA might be willing to pay it'll certainly be helpful for our share price to be moving towards the broker estimates.Tomorrow's update should be very positive as the management were already talking extremely confidently in the conference call about September and the football season being underway and the additional momentum that was providing.

[kop202] 11/10/2017 12:39

Which way is LADS going to go?Is the outcome of the FOBT enquiry already priced inA merger with GVC seems probable so is there a sb to be had here? A long after the FOBT fallout?

[mylands] 11/10/2017 12:19

Festario

Not suggesting that Kenny would pay 1.28p just interetsed to see the LADS movement. With the FOBT review rapidly approaching it would be natural to expect LADS to be moving down after the move up from 112p in July.

New highs for our stock!

[festario] 11/10/2017 11:57

Mylands, no way will GVC pay 1.28 for LADS, It will walk away if the review suggests no change, as the share price will shoot up.Or, he'll move in at 50p if the fotb review hammers the price.

[srpactive] 11/10/2017 11:39

Obviously Lads know the report would really hammer
their share price so KA has stepped in with a
good price for gvc to pay, to support Lads.
So both can win and get on the ftse100 which the trackers
will have to buy, cut the fat etc etc and another success
similar to sbt and bpty, dyor. Thoughts?

[noujay] 11/10/2017 11:31

The comfort I take from the forthcoming/in-the-works attempt for a merger with Lads is that KEnny Alexander is, given the strength of GVC, clearly not minded to overpay for anything so will surely let the dust settle on the review before progressing.Every day the performance should be improving here and the coffers filling so he can very much let it come to him.I would prefer that he doesn't have to dispose of anything in order to do the deal although it looks like Turkey would be cast off as part of it.

[shaker44] 11/10/2017 11:24

Interesting analysis of LAD on investors chronicle site, 7/9/17.for those like me who had missed it. And no mention of talks on advfn LAD.the potential revenue and profit hit is scary from regulatory review.
Impossible for LAD to forecast post review financials which are obviously critical to any deal..

[mylands] 11/10/2017 11:17

Are others watching LADS SP? It's started to move up now at 128p, a level not seen since early August when there was a spike up from around 112p in early July.

Is the money starting to back a take over?

[woodhawk] 11/10/2017 10:32

Interesting posts from the 4 or 5 contributors above re takeover/merger - thanks for your varied views. I'm undecided.

[festario] 11/10/2017 09:58

If LADS falls to 50p a share following the FOTB review, then I say go for it.At that point, the LADS board will take their severance money and run, and GVC will pick up a massive brand and sports book on the cheap.

[loganair] 11/10/2017 09:53

Ladbroke/Corals has a huge customer base.

With a merger, £millions can be take out of the running cost of Ladbroke/Corals.

If it is a one for one merger, then GVC are paying £1.1billion less then their earlier bid.

As the leases come up for re-newal slowly the unprofitable retail shops can be closed.