Gvc Share Discussion Threads

[festario] 21/1/2018 19:05

No, they won't touch them.Straight to scratch cards instead, instant gratification, big prizes.

[mylands] 21/1/2018 18:46

nurdin

£2 FOBT limit means ZERO extra cash for the LCL deal. Maximum extra cash under the Contingent Value Right (CVR) is 42.8p/share which totals £800 million.

Sliding scale:

£50 and above limit - 42.8p
£30 - £40 limit - 40.5p
£20 limit - £30.3p
£5 - £10 limit - 13.4p
£2 - limit - 0.0p

[plasybryn] 21/1/2018 18:33

Kenny will be on top of this whatever happens. I assume we can walk away from the deal and confirm a nice juicy dividend. That gets my vote. Apart from satisfying ego's to be a FTSE 100 company, I can't see much attraction, but what do I know?

[nurdin] 21/1/2018 18:27

Interesting thought.

[coxsmn] 21/1/2018 18:19

I'm certainly no expert on FOB gambling, i did wonder if reducing the maximum stake would mean punters would spend longer gambling rather than spending less.

[plasybryn] 21/1/2018 17:32

postsInvestors chronicle tipTip of the week today. States undervalued relative to 888 and daddy power, and repeats Barclays view that gvc value is less than 2021 earnings. Positive views of Ladbroke deal structure. Let's hope share price moves forward now.Off Topic

[the fat controller] 21/1/2018 17:22

Always chance for a renegotiation......
TFC

[the fat controller] 21/1/2018 17:22

Always chance for a renegotiation......
TFC

[nurdin] 21/1/2018 17:19

I cant remember, but does the GVC offer allow for a £2 FOBT limit? I would have thought that that would make LADS retail business almost worthless!

[festario] 21/1/2018 16:00

It makes LADS, WMH, BetFred and all high street bookies a basket case. The repercussions have been vastly underestimated.But, I expect all gaming companies in the sector to be dragged down in share price by association.In GVC's case, there is a sliding scale, so there will be no additional payment to give LADS shareholders for the acquisition.But, there will also be cheap GVC shares available as a result of this FOTB axing.

[joan of arc] 21/1/2018 14:34

So if fotb goes max £2 what does that make of our Ladbrokes offer? Still a good deal?

[coxsmn] 21/1/2018 11:48

Wmh acquired Sportingbets Australian facing business for £486m in 2013. They are now considering jettisoning it due to costs. Reference Daily Telegraph Jan 16th.Any thoughts on the write off cost if they tried to sell it today?

[melody9999] 21/1/2018 09:58

couldn't agree more TEB. I've followed Charles Skinner from Brandon Hire through to Restore - aslo have great respect for Kamani and Kane at BOO - all sorts of noise about valuation there - but they know the business like the back of their hands and just execute really well.

who are your top 2 or 3 individuals apart from Kenny?

[ltinvestor] 21/1/2018 09:10

According to the Sunday Times it looks as though the fixed odds betting terminal stakes will be reduced to £2 max.

[shaker44] 20/1/2018 09:51

I entirely agree Trent. Kenny can wring a lot out of Lads, and if that doesn't go through, you can be sure he has a plan b.
I know you study the sector. 888 moving up now. You think someone stake building, or just speculative?

[gilotron] 20/1/2018 09:36

I've sold half my holding. It's been a good run lads. Let's hope she continues upwards combined company will be a beast.

[trentendboy] 20/1/2018 09:22

The best lesson I have learnt in years of investing it to back good management whatever the sector. It is a rare commodity.GVC have it when others have been flailing for years with complacency and a failure to be forward looking.Kenny has an excellent eye for a deal but more importantly the timing of a deal.Remember the odds of pulling the BWIN deal off looked long but they managed and look at 888 now still looking for a partnerBack the winners

[festario] 19/1/2018 18:55

Fine woody.... but the entire last 8 years of chart evidence tells me all I need to know.

[woodhawk] 19/1/2018 18:03

I agree totally with that, Noujay. I may be completely wrong, but I have to stick with my gut feeling, which is heading below 900p.

[noujay] 19/1/2018 17:53

I take all your points about this stock Wood and they are fair, but of course past performance is not necessarily an indicator of future direction either bouncing up from the trend line or below it!

[fizzypop] 19/1/2018 16:12

Spot on Fest.

[festario] 19/1/2018 15:45

I did say that 928 was at the bottom of the trend line, GVC hates being below the long term trend line.It's like buying money down there.

[srpactive] 19/1/2018 14:51

To annoy W, but to please me, you just carry on my friend.