Gvc Share Discussion Threads

[coxsmn] 07/5/2018 18:48

Trent, £2 a spin scenario is already priced in i.e no extra cash, plus we have share price weakness here on top.

[trentendboy] 07/5/2018 07:46

Two quid a spin seems nailed onI suspect here will be a massive number of shop closures on high streets.How to profit from that? Always hard to short high street property

[woodhawk] 06/5/2018 18:59

Whatever the announcement actually is, it'll undoubtedly be an opportunity for some quick profit for the fleet of foot!

[trentendboy] 06/5/2018 14:42

Consumption tax relevant but UK still only a percentage of the diversified group.May also reduce competition if smaller operators are killed offThe consolidation is because this is a low margin business so scale is essential Few have the scale now. GVC, Stars and a couple of others like PTEC.Hills and 888 desperately need scale to survive

[nurdin] 06/5/2018 11:14

I agree.I am holding back buying (tempted as I am) until the situation gets a bit clearer

[noujay] 06/5/2018 09:50

If there is an additional consumption tax then it's a serious issue for GVC but that is speculative at this point.I still think it's likely to be at least £5 but at this point it would be nice to get it out of the way and start to get a better handle on the combined group and where it's headed.

[woodhawk] 05/5/2018 14:08

Apart from the FOBT debate, there is ALSO the issue of the possible increased consumption tax (so the Treasury can replace lost income from FOBT)AND the suggestion that the tax my be skewed towards online operations - which would particularly adversely affect GVC. I posted some details of the estimated hits to various companies EBITDAs, in various scenarios, some while ago.

[shayadfn] 05/5/2018 13:44

If the FOBT is going to be brought down to £2, then the leverage to buy Lads comes is lower, it appears to me either the markets are reading this wrongly or the big boys are shaking the tree to remove the small investors and buy their shares on the cheap. I agree with you TEB, I'm looking to add in the coming days I may also take some profits from my cey and hgm as I have secured my divi's on both.

[trentendboy] 05/5/2018 12:27

Given £2 is baked into GVC takeover price and GVC has limited exposure otherwise buying the inevitable dip is a give awayI can see share price falling 5 percent but I for one will be ready to snap some upFBT profits tiny percentage of total revenues

[coxsmn] 05/5/2018 11:32

We shall see. Its not the press reporters making the decision.

[nurdin] 05/5/2018 11:30

£2 looks fait accompli

[coxsmn] 05/5/2018 11:25

Frankie, Fobt decision could be as early as Thursday.

[coxsmn] 05/5/2018 11:25

Gary, well i've got gvc and ng. both excellent stocks.

[frankiethecabbie] 05/5/2018 11:11

FOBT decision this weekhttps://www.theguardian.com/uk-news/2018/may/04/may-commons-defeat-fixed-odds-betting-terminals

[nurdin] 05/5/2018 08:22

Share price must surely be close to the bottom? Would be interesting to get a chartists point of view but I see support at around 850p.

[garycook] 05/5/2018 02:41

Taken from Hargreaves Lansdown closing report.In other news, strategists at Bank of America-Merrill Lynch sounded a positive note on Britain's top-flight index.

"UK large caps should instead be viewed as a barbell trade of Energy plus Quality stocks. The former are supported by improving global late-cycle indicators (e.g. rising capacity utilization and capex intentions) while the latter benefit from 'Slowdown' in leading indicators highlighted in Style Cycle report. Among major equity indices, the SMI and FTSE 100 continue to be most-preferred in this late-cycle 'Slowdown' phase," BoA-ML told clients.

Among the specific stocks mentioned by Merrill in its report were: GVC, Stanchart, National Grid, RSA and Ashtead.

[noujay] 04/5/2018 19:32

I know there was something in the guardian. I can't help conclude that it's hills but the outcome of the fobt could really hurt them and regardless of their US position it seems like it could just balance out. That said they surely must be looking to consolidate or they could seriously be left behind.I'm in a small one called GAN which ties in with the casinos but beyond that I can't help but look to US companies as to where the real action is likely to be. Stars well positioned via skybet now I'd think although I can't speak to the independence of the skybet tech/platform in comparison to say gvc.

[loganair] 04/5/2018 19:20

Nou - A couple of weeks ago I posted quite a long article about which of the UK companies are best positioned.

[noujay] 04/5/2018 19:17

What is the extent of Lads operations in the US? I would like to get a handle on that. Hills and PPB are both operational there already and Hills is well positioned

[loganair] 04/5/2018 18:42

I understand that Lads is second best placed after Hills if the US market opens up.

[noujay] 04/5/2018 18:08

Repealing PASPA would be useful for all gaming co's but the consensus seems to be that Hills and PPB are the two obvious winners from the U.K listed bunch. The real action is likely to be seen via casino operators. Of course GVC would benefit and could easily make some acquisitions, but I'm not sure that they will rocket simply upon repeal. MGM, Penn National, Scientific, possibly Boyd, seem the likely candidates on that side of the pond.