Gvc Share Discussion Threads

[graiguenamanagh] 09/3/2018 21:10

I have been a holder since £1.07, a good time ago. Over the years I added to 20,000 shares, all below £4.00. I have admired the posts of Fest, Mylands, Woody and Spractive. Long termers who formed a view and stuck to it. There were bumps on the way, but here we are looking at £10. WOW. Do I wish I bought more, No. My strategy was to have GVC at no more than 15% of my holding. Others took a different view and went long and heavy. I admire Fest for taking a view and selling out. There was an old addage of leaving some profit for the buyer. Fest looks to have done that, so well done on a clean cut exit. Now that I am older, I look forward to the day when GVC is seen as a rock solid Dividend Champion. We holders know it is, others will catch on soon enough. Good Luck to all.

[trentendboy] 09/3/2018 19:52

BoomA tenner is still not a demanding PENever underestimate good management

[shayadfn] 09/3/2018 16:49

There's never a 'Right time to sell' or 'Right time Buy', it when the investor feels he or she's happy to take profits or reduce loss.

[mylands] 09/3/2018 16:33

Good end to another memorable day for GVC with over 5 million shares traded - wow!

[festario] 09/3/2018 16:18

GVC going berserk into the close.Well done all holders, your 1000p is still well on track.

[woodhawk] 09/3/2018 12:58

Good to hear of someone doing well Festario! Onwards and upwards!

[mylands] 09/3/2018 12:42

Just noticed that today, in value terms, we have turned over the same as mighty BP. How times have changed!

[srpactive] 09/3/2018 12:19

Fest

Exactly and well done.

Over the years I have rolled a few, itv, ezj, rtd,
and many more, have not done this with hgm or gvc
due to massive dividends on roi, dyor

Wonderful thread and a great bunch of posters, some
short most long, keep it all up boys and girls.

[kop202] 09/3/2018 12:08

FestI'm no expert on graphene but I'm watching closely. You well know what AIM shares are like......I'm a QFI survivor........I now wait till revenue is clearly in sight You can always rely on the MM's to mess about with the share price until then. BIT of a delay... contract not signed etc......any excuse for a tree shake.

[festario] 09/3/2018 11:54

Ha ha, Kop. Yes, I really need your pity.... selling down 55k shares at around 930p average (that I bought for a zero average due to 7 years of dividends).To plough into VRS which has already 6 bagged on my original purchases. It's a four bagger on my overall average there.Both you and my wife seem to have missed the crucial point, we are here to grow our total wealth, not hang on to our beloved GVC.I love GVC, but as an investment it had matured in my opinion, and VRS is just getting started.If you feel that sorry for me Kop, why don't you hold a telethon appeal ... ??

[kop202] 09/3/2018 11:41

Pity Festario......what a time to sell

[mylands] 09/3/2018 11:11

With the share price continuing to climb, I can smell the burning flesh of the shorters as they get well and truly roasted!

[nurdin] 09/3/2018 10:22

Cheap imo...given its scale post acquisition,global market size,potential for margin improvement, the possibility of the US opening up..(although I am not holding out much hope here)....etc.20x earning would be fair imo.

[mylands] 09/3/2018 10:14

Popper

That's cheap for a company that is growing exponentially. 888 are currently on 19.65

[noujay] 09/3/2018 10:12

What's been particularly enjoyable about today is that it's Lads div record date and the price has popped up!

[nfs] 09/3/2018 10:09

I would tend to the cheap, given the execution risks of the acquisition, but then again management are excellent here.

[popper joe] 09/3/2018 10:06

So at 11 x earnings, did you conclude that it was cheap or very cheap?

[nurdin] 09/3/2018 09:46

It will be interesting what forecasts brokers come out with for the combined unit.My back of the envelope calculation,just adding up the individual forecasts,ignoring the positive effect of synergies and the negative effect of the discontinued businesses,suggests eps of 83p for 2018.That puts the shares on 11x earnings at the current price.Very approximate I know but gives me a feeling about whether the stock is cheap or very cheap lol....

[noujay] 09/3/2018 09:32

Interesting to see how much the short position stands at when it amalgamates as it will illustrate how many are short based on conviction vs the short interest that forms part of an arbitrage trade

[blackrocktrader] 09/3/2018 09:14

Will be get divi in Autumn ???

[mylands] 09/3/2018 08:53

At the current rate of Euro 1.1225/£ 17.5 cents equates to 15.9p/share

[fizzypop] 09/3/2018 08:47

Dividend conversion rate not yet published on GVC website.

[timanglin] 09/3/2018 08:42

After these results,40 percent increase in ebitda and momentum and track record of integration I would be worried if I was short.