Gvc Share Discussion Threads

[festario] 09/11/2017 12:38

Bought some more at 886p, (ones I sold at 925 actually), so 461 additional shares.

[diviincomesearch] 09/11/2017 12:34

Still on the sidelines here, having sold perhaps prematurely at 845p.

I’m after news that Kenny will park an acquisition merger for now. It would fundamentally change the set up of the firm and bring with it all the liabilities of the bricks and mortar U.K. gambling firms where growth is stagnant. Whereas the current set up of the firm is extremely well positioned and nimble with revenues growing strongly.

I could quite easily see a windfall tax in the November 22nd budget. Hammond is short of cash- gambling adds nothing to the U.K. economy or any other benefits- an easy target in my view to be targeted for a populist quick win.

Will sit on the sideline to see what happens!

[woodhawk] 09/11/2017 12:11

Yes, I noticed that too. active!

[srpactive] 09/11/2017 11:44

Well down to 888, a sign?

[noujay] 09/11/2017 11:40

I can't help but think that having cleared the Turkey business out it can't be long until institutions start to take some slugs of these

[woodhawk] 09/11/2017 11:29

nurdin, imo it's just normal profit-taking. The share price has retraced nearly 50% of the increase from 800p to 963p. That is not unusual. I'm looking for the next move up to take us to 1000p. And that's still almost 10% short of the average brokers' target, which is something like 1082p at the moment.

[nurdin] 09/11/2017 11:12

I have added nevertheless at 890p

[srpactive] 09/11/2017 11:11

LADBROKES RUBBISH TALK MAYBE.

[nurdin] 09/11/2017 11:06

I really cant understand why we are falling...

[woodhawk] 09/11/2017 10:50

That's a few more in the bag for me at 889p

[noujay] 09/11/2017 10:49

Surprised at the action here today, I didn't see gvc as being too overcooked at 9.30-950

[woodhawk] 08/11/2017 19:51

That'll teach me to read until the end!! Anyway, good to know that someone picked up circa 1.5M shares at 903p-ish. Hopefully we can move on up now.

[plasybryn] 08/11/2017 19:50

Directors Deals for Gvc Hldgs (GVC)
Trade Date Action Notifier Price Currency Amount Holding
08-Nov-17 Sell Trade Notifier Information for GVC Holdings Lee Feldman 903.03 GBX 488,782 734141
08-Nov-17 Sell Trade Notifier Information for GVC Holdings Kenneth Jack Alexander 903.03 GBX 977,564 1898788

Thank you speedsgh. I think it is Woodhawk who can't read.

[woodhawk] 08/11/2017 19:49

Ooops, I'll remove my original post then, before I confuse anyone else!

[speedsgh] 08/11/2017 19:43

Woodhawk - As per the rns, they actually bought the option shares, then sold them all immediately in the open market."The Shares acquired by the Directors as a result of exercising these options were sold in the market at £9.0303 per Share."As a result their net shareholdings are unchanged.

[plasybryn] 08/11/2017 18:43

nurdin: Thats a lot of Options to cash in. What would you do with that much cash?
Kenny still holds a lot of shares but not the best message.
Should we have expected some sort of explanation as to the reason?
Has there been no comment from investors?

[srpactive] 08/11/2017 16:11

F

And it could stop overnight too.

[festario] 08/11/2017 16:07

I think you should assume that Superbahis represents less than 15% of GVC profits, and it's a falling percentage.In the great scheme of things, it will be the right deal.

[nurdin] 08/11/2017 15:56

Surprisingly no comment on this here:



I find it irritating

[noujay] 08/11/2017 15:34

It's an average deal for GVC for me, just ensures we get some revenue ongoing. It's capped so no additional benefit for over performance unfortunately. Presumably there are some guarantees in there in terms of performance but of course what is likely is that all responsibility/potential liability will be attributable to the new owners.

[shayadfn] 08/11/2017 15:30

The clean ebitda for the whole group in the first half of 2016 was 91.2million euros, as an approximation of Turkey was 30% of the profits then about 27million can be attributed to Turkey-(note I'm not negative on this stock - I hold more than 220k) I am looking for reasons to add

[woodhawk] 08/11/2017 15:12

"Lets just assume that its PROFIT from the Turkey operations is greater than 30 million euros"... why should we "assume"? Because it suits your argument?

[shayadfn] 08/11/2017 14:54

Lets just assume that its PROFIT from the Turkey operations is greater than 30 million euros then then business has been sold cheaply, also note that the profits from the Turkish business would be greater under bigger group like GVC due to economies of scale.It seems like a minor point, but some people are invested for income on the stock, I can understand the argument for growth.

[nurdin] 08/11/2017 14:51

Shay..it depends on how they treat the transaction from accounting point of view True they will not have any income from Turkey operation anymore but, having liquidated that asset they will receive sums of money every month(for five years) which they plan to use for general corporate purposes, meaning pay for the day to day running of the business.That should help compensate for the loss of income from the Turkey business and mitigate any dilution, as you call it, that might have occurred.I am no accountant however but thats is the simplest explanation I can think of.

On another matter,has anyone succeeded in contacting Gvcs Investors relations? None of the phone number they have given in their RNSes actually work!