Gvc Share Discussion Threads

[woodhawk] 08/11/2017 14:44

ShayADFN, are you equating 'revenue' with 'profit'?

[cheshiremoggie] 08/11/2017 14:23

Surely if GVC now have any legal interest in the ownership of the Turkish operation then there was absolutely no point in the 'sale'. Ie it wasn't a sale.GVC will get a payment for the business based on earnings but it won't legally be a share of the earnings otherwise GVC still own Turkish operations and can't buy LCL, WMH and 888 in one mega transaction in Feb.That makes sense doesn't it?CM

[shayadfn] 08/11/2017 13:36

nurdin, wouldn't that imply a dilution in earnings, with no immediate benefit? I'm presuming the revenue from the Tirkish operation is greater than 30 million euros per annum

[chineseinvestorisacock] 08/11/2017 13:31

Is this the VC clinic?

[nurdin] 08/11/2017 13:30

My understanding is that the deal is sealed and signed contractually now.GVC therefore has no entitlement to the revenues from Turkey anymore. How the money is being paid by the buyer is irrelevant to the ownership of the business.That is my take on it anyway.

[shayadfn] 08/11/2017 06:33

The FOBT review by the government, ending in January will play a big part the value of bricks and motar gambling companies, hence I suspect GVC will bide its time before making its offer. The deal to sell the Turkish operations for 150million euros, had a five year payment period (i.e The full payment to be made over five years). So would gvc still be elgible to receive revenue for the Turkish operations over the five year period? Just putting this out for people far more smarter than me.

[srpactive] 07/11/2017 14:57

Maybe let lads and wmh join forces to take
the UK bookies etc and gvc and 888 to take the US online
market, that is my view.

[woodhawk] 07/11/2017 14:49

According to IG charting:

"GVC Holdings ST: as long as 890 is support look for 993"

[rhuvaal2] 07/11/2017 14:41

First time in months: all my stocks are down except for BKY (very low cost uranium project in Spain)

[noujay] 07/11/2017 13:41

I agree with that Fest. I can't see it working at the current caps unless they make an offer for GVC.

[festario] 07/11/2017 11:08

Seems to me that LADS and WMH are pricing themselves out of any deal.

[noujay] 07/11/2017 10:27

As a holder for the long term here my only concern would be that GVC cap is not compromised to the extent that we enter into a merger of equals with a company that is clearly not equal in terms of performance and ergo value.

[woodhawk] 07/11/2017 09:45

I'm not entirely convinced that there isn't a bit more downside to come, so I have hedged my position to a limited extent. In the event of any further decline I intend to add. I'm hoping that the deal - if it comes - will either be something with Paddy Power / Betfair - or a takeover of GVC by a third party.

[fizzypop] 07/11/2017 09:42

WH - nice one.

[woodhawk] 07/11/2017 09:31

Woodhawk has increased his long position on November 7th by 100%.

[mylands] 07/11/2017 09:29

Marshall Wace have increased their short poistion on November 2nd by 0.14% to 1.25%.

[trentendboy] 07/11/2017 09:16

It is sounding like this will be pitched as a merger.

I can even see the new name being for example, William Hills but with the entire GVC management team.

[loganair] 07/11/2017 09:14

Speculation is rife that GVC has sold its Turkish business to aid in takeover negotiations with other firms within the gaming industry. Such negotiations between GVC and both William Hill and Ladbrokes Coral have stalled in the past year over concerns about GVC’s involvement in so called ‘grey’ and unregulated markets.

[mylands] 07/11/2017 08:22

The market obviously thinks a deal between two of the big players is either a done deal or about to be a done deal. LCL's upwards price move after being fined yesterday £2.3 million indicates that they aren't long to remain independent.

[noujay] 07/11/2017 08:06

Lads and Hills are opening strongly have I missed something noteworthy?

[shayadfn] 07/11/2017 05:33

For long term investors, who are in it for the long term, the current pull back is normal for this stock, people always get panicked when it falls and too excited when it rises. Look for an opportunity to add, I will probably consider adding in December, this is NOT an encouragemnet to buy, sell or hold this stock.

[fenners66] 07/11/2017 00:07

And according to the Daily Mail :

Betting giant Ladbrokes Coral fined £2.3million after two customers lose £1.3million playing online games

Gambling Commission found significant flaws in the way sub-brand Gala Interactive dealt with punters displaying problem gambling behaviour
One customer lost £837,545 in 14 months the other lost £432,765 in 11 months

[festario] 06/11/2017 22:05

Loganair, and a ton of long leases on shops which are unviable, a huge amount of staff in those same shops, also in call centres and don't forget the pensions which have to be honoured.

[loganair] 06/11/2017 21:53

finkie - Lads has a huge customer base and quite a sizable on-line presence.

[finkie] 06/11/2017 20:59

I really hope gvc don’t buy lads just giving a lean profitable business a load of leasehold shop rubbish that soon no one will go in, your grandad may have but why now when you can place respectable wagers via an app and not take your life in your hands by walking into muggers alley with £500. Come on Kenny don’t do this deal bookies are dead in the high street, surely you can see this...