Gvc Share Discussion Threads

[mylands] 25/5/2018 15:46

Active

Agreed, but as of lastnight we were neck and neck with ASOS for an automatic inclusion spot, with today's rise we are definitely there.

[noujay] 25/5/2018 15:35

So Logan is it the case that funds hold the exact same volume of ftse100 as 200? I would have thought it would be weighted to the 100 but that may well not be the case

[srpactive] 25/5/2018 15:26

If we can get in 90th or better we are on nevermind
what any other company does.

[mylands] 25/5/2018 15:24

Currently GVC's mkt cap is £350 million greater than ASOS and I put them in automatic entry to the Footsie 100

[loganair] 25/5/2018 15:07

When entering the FTSE 100, FTSE 100 tracker funds will have to buy while FTSE 250 tracker funds will have to sell thereby balancing the whole thing out.

[mylands] 25/5/2018 13:48

Another surge in the share price when the Dow opens?

[srpactive] 25/5/2018 13:40

Look at ezj chart March 2013, I think off the top of
my head.

[srpactive] 25/5/2018 13:39

CM

I feel if that happens, any fund or tracking wanting exposure to
next entrant will be moving from the other possibles to the
likely winner, hopefully moving to gvc, dyor.

[noujay] 25/5/2018 13:37

Anybody have any thoughts on the impact entry into the 100 will have upon announcement, assuming it does? Obviously funds buy in but it presumably won't just be a slew of buying the following day.Interested to see any historic examples and comments on that.Thanks and GLA

[cheshiremoggie] 25/5/2018 13:32

If the share price stays above 1000p then automatic FTSE 100 is pretty much a certainty imhoNot long to wait CM

[garycook] 25/5/2018 13:14

GVC (LSE: GVC) is one of my favourite stocks on the London market today. The value this business has been able to create for investors over the past decade is just second to none.

Indeed, according to my figures, the company has produced a total return of 18.9% per annum for shareholders since 2008, that’s enough to turn an initial investment of £10,000 into £56,470, and I believe the group can maintain this track record.
Growing the business

Since inception, GVC has grown through acquisitions, and its most significant deal to date is the purchase of high-street bookmaker Ladbrokes at the end of March. According to a trading update published today, the merger is going well and is now expected to generate savings of £130m per year by 2021, from £100m a year expected previously.

This is not the only bright spot in the update. Total net gaming revenue (NGR) for the period 1 January to 20 May 2018 rose 7%. Online gaming is leading the way with online NGR rising 18% year-on-year in constant currency.

Unfortunately, gaming revenue from GVC’s UK retail business declined 5% thanks to the cancellation of 12% of horse racing fixtures during the opening months of 2018. And while the company notes the new £2 limit on high stakes betting machines will dent income, management is more excited about prospects in the US where the sports betting market is tipped for take-off after a Supreme Court ruling this month. The group is already the leading B2B provider of sportsbook technology in Nevada, giving it a strong base from which to grow into the rest of the US market.

But despite the opportunities in the US market and the merger with Ladbrokes, shares in GVC currently appear undervalued. In 2018 the online gambling giant is predicted to report profit growth of 41%, placing the shares on a forward P/E of 14.1. Meanwhile, the shares support a dividend yield of 3.6%.

So, despite the headwinds to its operations here in the UK, as online gambling continues to gain popularity around the world, I expect shares in GVC will continue to surge.

[loganair] 25/5/2018 13:13

Analysts at Shore Capital said the announcement was encouraging, especially combined with rapid growth in digital gambling.

[gersemi] 25/5/2018 12:28

GVC (GVC) has increased the amount of synergies it expects from its acquisition of Ladbrokes Coral to at least £130m, from the previous £100m estimate, by 2021. The group reported 7 per cent growth in net gaming revenue during the period from 1st January to 20th May, with 18 per cent growth revenue growth in digital helping to offset a 5 per cent decline in retail. The performance in retail was hurt by poor weather during the period, and by the cancellation of 12 per cent of all horseracing fixtures. On recent regulatory changes in the UK and US, chief executive Kenneth Alexander said the company is “very well placed” to succeed. Shares were up 2 per cent in early trading. Buy.

[shayadfn] 25/5/2018 11:21

Good move today

[srpactive] 25/5/2018 11:07

We are ahead of ocado based on advfn data, so
fingers crossed, dyor.

[thatkieran] 25/5/2018 11:02

With market cap now at about 5.86B how does that affect our chances of getting automatic entry to the ftse100 on Tuesday?

[mister md] 25/5/2018 08:26

GVC 1000p

Well done to all long-term holders here - although it was a bit of no-brainer ;)

[noujay] 25/5/2018 08:18

The usual good update from gvc. Nice to see the merger synergies revised upwards by 30%, may yet be higher I suspect.Next stop World Cup..

[hillbrown] 25/5/2018 08:16

After 15 minutes 394k traded and 10.13 on the bid. Very satisfactory?

[fizzypop] 25/5/2018 08:00

£10.37 on open.

[mylands] 25/5/2018 07:51

Not sure the new CFO of GAN, announced last night, would be too happy with a takeover!

One nuggest from the trading update I liked was the sports margin of 10.4% up from 9.2% in 2017. It wasn't that long ago when GVC on its own broke through 10% they added the caveat that it was unlikley 10% could be sustained. Now with LADS on board they are achieving over 10%. Quite an achievement.

Also, end of divs in Euros.

[molatovkid] 25/5/2018 07:39

It would but its a bit early for GAN.....things are just getting going now to sell out

[gersemi] 25/5/2018 07:17

Would GAN provide a good fit for GVC?

[fizzypop] 25/5/2018 07:16

Excellent results. Should pop a £10 this morning.