Gvc Share Discussion Threads

[srpactive] 12/1/2018 07:51

W

No, I am glad you have no problem with Mylands, who
do you think you are?

[woodhawk] 12/1/2018 07:44

Rather ridiculous? Raises target price by 4p in respect yesterdays news?

GVC Holdings Plc : Barclays raises price target to 1070p from 1066p

[woodhawk] 12/1/2018 07:40

Do you have trouble with simple comprehension, Active? I have no problem with Mylands posting at all - but I don't have to agree with what he says. This is a public forum for discussion - not one reserved for GVC acolytes only.

[srpactive] 12/1/2018 07:15

W

I like the Mylands information, I find it is interesting to know as over 75%
together they can accept a bid if one comes at 1500p or more.

And for the record I could not give two hoots if you buy or sell
so maybe it is time for you to stop posting information not
Mylands.

M

I for one would like you to continue.

Active

[noujay] 11/1/2018 22:16

To be fair WH, a broad spread of institutions holding a high level of shares in a company can be regarded as positive for any number of reasons.Yes of course they call it wrong sometimes, who doesn't? However they do have access to better information and analysis, not to mention an open line into top tier management for if not the inside track, certainly a more favourable lane than the rest of us!

[mylands] 11/1/2018 19:56

Woodhawk

Don't subscribe to your 'ridiculous' statement at all. Institutions are investing PI's money, as well as their own. They are the big players in the market and the fact that there is an increasing level of their stake in GVC shows good long term support as opposed to the fickle nature of PI investing which can turn sour on a mere rumour.

If you don't like it just filter my posts, a simple solution and you won't be 'bothered' any more.

There's no pleasing everyone!

[woodhawk] 11/1/2018 19:26

mylands,

What is your point? Shares are always 'owned' by somebody - who cares whether it's an institution or a p.i.? Why on earth would institutions be 'safer hands' than anyone else... which is what I assume you're trying to infer. It's ridiculous.

[mylands] 11/1/2018 19:00

With today's 8.3 Forms, the institutions hold just shy of 85%, the highest level since the deal was agreed.

Whilst Davidson Kempner continue to increase their short position, now at 5,643,080 (1.859%), on the other side Marshall Wace coninue to reduce and currently hold 1,256,399 (0.41%).

[noujay] 11/1/2018 14:42

Surprised to see it red but there you go.Amidst the merger talk what does seem clear is that gvc have optimised their existing online operation and largely if not fully completed the migration, which sets it up nicely for 2018 and the additional sports events which should provide a significant bump.Even if the Lads deal completes and they just let it trade through 2018 without any tampering,both companies can reasonably expect a good year. In reality they will probably take an axe to various Head Office costs, accelerate the process of clearing down underperforming retail, make some disposals for cash and schedule at least some applicable Lads brands for migration.In any event get the merger out of the way and all will become clear. Who knows what the share price will do in the interim!

[shayadfn] 11/1/2018 14:20

I'm still looking to add, waiting to see how much lower the shorters can bring down, I have all the time in the world and a lot of ammunition.

[festario] 11/1/2018 13:46

Doesn't look like it's going to bounce today, red finish looks nailed on. Incredible really.

[garycook] 11/1/2018 13:20

Unilever plc isn’t the only dividend growth stock I’d hold for the next decade

Peter Stephens | Thursday, 11th January, 2018 | More on: GVC ULVR
Image: Unilever: Fair use

While a high dividend yield may help an investor to beat inflation today, the reality is that the growth of shareholder payouts could be even more important in the long run. Not only could they allow an investor’s income return to move well ahead of inflation in the long run, they also signal to the stock market that the company in question is confident in its future prospects. They may also suggest it has sound financial standing.

With that in mind, Unilever (LSE: ULVR) seems to be a worthwhile buy at the moment. It is set to raise dividends rapidly, although it is not the only company expected to do so.
Improving performance

Over the next year, Unilever is forecast to grow its bottom line by 10%. That’s a strong rate of growth for such a large and diverse business. One reason for its relatively high growth rate is its exposure to the emerging world. It has invested vast sums of capital in promoting its operations in the developing world. While it has taken time for it to achieve a high degree of customer loyalty, it now appears to have done so. This means that volume and pricing growth could be ahead for the business.
Dividend potential

Rising profitability should allow the company to generate increasing dividends in future. For example, in the current year it is expected to record a rise in shareholder payouts of 8.9%, which is almost three times the current rate of inflation. With dividends being covered 1.6 times by profit, they could rise at a similar pace to profit growth in the long run without putting the company’s financial position into difficulty. Therefore, while the stock may have a dividend yield of just 3.1% right now, it could have exceptional dividend appeal for the long run.
Growth potential

Also offering impressive dividend growth potential is sports betting and gaming group GVC (LSE: GVC). It released a trading update on Thursday for the fourth quarter of 2017, with the company recording a net gaming revenue figure of €1,009m for the full year. This is an increase of 13% on the prior year. Its EBITDA (earnings before interest, tax, depreciation and amortisation) figure is expected to be at the top end of management expectations, while it remains upbeat about its future potential following the recommended transaction with Ladbrokes Coral.

With GVC’s dividend payments being covered 1.8 times by profit, it appears to have a sustainable dividend payment profile. Shareholder payouts are forecast to rise by 9.5% this year, which puts the stock on a dividend yield of 3.3%. With synergies and efficiencies from the Ladbrokes Coral deal set to be significant, the company’s income prospects appear to be upbeat. A larger business with more size and scale may have a competitive advantage over rivals, which could increase its rate of profit growth in the coming years.

[woodhawk] 11/1/2018 12:44

So why imagine it won't happen now? Frankly, a pullback of the magnitude of during the BWIN takeover would take the share price back to 750p - i.e where it was about 5 months ago. Unlikely? Did anyone expect an share price under 600p when it had been heading for 800p? Maybe I have this all wrong, but to me the risk is MUCH greater than it was with BWIN. Time will tell.

[festario] 11/1/2018 12:37

No, but they were shorting it at the time, as you well know.So, they made money on the way up, the way down... and then a shedload on the way up again.

[woodhawk] 11/1/2018 12:33

"I’m expecting them not to lose money" - oh, come on! Institutions are no better than any other market participants. I've done way better on my own account than I ever have as part of any pooled or managed investment. The presence of institutions didn't prevent the last big pullback to under 600p (from nearly 800p) during the last takeover did it?

[festario] 11/1/2018 12:22

Woody, I agree about LADS, I wouldn't have voted for it.But, the market in general, and the Institutions specifically have embraced it.So, I'm expecting them not to lose money.As such, I'll stay put and try to benefit from the new enlarged group.However, I think the days of substantial dividends are over.That's no longer what GVC is about, which is a shame, because I became reliant on them.

[woodhawk] 11/1/2018 12:15

I think you have a rose-tinted view. The share price has fallen on strong Trading Updates in the past, as I know to my cost. It has often proved to be the trigger for substantial profit-taking.

IMO none of the risk of the integration of Lads is accounted for in the current price - I admit I'm surprised the share price has held up this long. GVC may be great online, but no experience of bricks and mortar. And don't tell me Lads have, because they've done so well with it, they're being taken over!!

[festario] 11/1/2018 12:04

Results day, in the past, would have been accompanied by a dividend announcement, and we'd have been 6% up today.However, stellar results don't seem to matter to the market these days, and we are in a very strange part of the GVC evolution.

[noujay] 11/1/2018 11:19

There are lots of profits to be taken although there have been enough runs up the flagpole of late to take them at slightly higher levels than where we sit now (I don't include the 990 we saw earlier for around a minute!). Institutions have been filling up in at the mid-9's so it appears they like the price at this kind of level.Lads should soon issue a trading update as well if previous years are the barometer. If they don't issue a good one then I'd be surprised if there aren't a few amends to the deal. GVC is trading its socks off and delivering at the top end of generous forecasts, so I would think that Lads will need to keep step to avoid revisions.

[nurdin] 11/1/2018 10:59

I meant to say the results were better than expected...the lack lustre price reaction is a bit disappointing. Guess we will have to wait and see the conclusion of the LCL merger before we see any forward movement imo.

[woodhawk] 11/1/2018 10:51

As I said - equally strong trading updates have also seen sell-offs/profit-taking. Check previous trading updates and subsequent share price performance.

[nurdin] 11/1/2018 10:46

Were they? Edisons,in their 2nd Jan note, were forecasting NGR of 975m ...which makes todays update as well ahead imo.

[woodhawk] 11/1/2018 10:42

I think the results were pretty much as expected - excellent. Similarly strong trading updates haven't prevented falls in the past - in addition there are a lot of profits here to be taken.

[garycook] 11/1/2018 10:38

When are LCL Results due ?

[mnomis] 11/1/2018 10:32

Also expected a bigger move, but I guess the market is digesting a bigger story than quarterly results re LCL