Gvc Share Discussion Threads

[noujay] 17/7/2018 11:25

Think the trading update is end of play tomorrow if I'm reading it correctly so couple of trading days yet

[manics] 17/7/2018 11:03

Well if (in time) they manage Canaccord's 74p EPS that puts them at a PE of less than 15 -for a firm, growing, well run business.

FTSE 100 PE average 24.4.

[fizzypop] 17/7/2018 10:48

Any comments on the sp? We seem to have had a serious amount of persistent profit taking at Friday's ATH of 1118p. A slight recovery from the low of 1085p on Monday has stalled and is now drifting sideways with the TU due tomorrow. But we have this afternoon yet.

[trentendboy] 16/7/2018 09:12

Reasonable outlook - I agree with most of what they have written above especially in terms of being well positioned.

They have stolen a march on many others - when you look at 888 now it is laughable how they nearly beat GVC to the BWIN prize.

Very impressive management (despite their rather unconventional pay packets)

[buccini] 16/7/2018 08:48

uk.webfg.com/news/broker-recommendations/canaccord-on-gvc--3394890.html


Broker Canaccord Genuity expects a "positive message" from GVC's year end update on 18 July as England's eventual exit from the World Cup saved the bookmaker from a potential £10m hit.

The Canadian broker said the overall outcome for GVC looks set to be a positive one, despite a likely costly golden boot award for Harry Kane.

"While England were relatively unfancied at the start of the tournament, they will still have been among the best-backed teams for the UK-focused bookies, so they will have generated some solace from the semi-final exit," said Canaccord.

The effects of England's World Cup performance aside, Canaccord sees GVC, which owns the likes of Ladbrokes and btwin, as being "particularly well positioned", despite tightening regulations.

Canaccord expects a first-half EBITDA of £345.9m, up 9% year-on-year, that would drive earnings per share growth 10% to 33p, with the World Cup providing upside risk.

Ahead of GVC's trading update, the broker updated its forecasts, with full-year EBITDA nudged down from £745.3m to £740.0m, with EPS upgraded from 62.7p to 74.0p, primarily on lower interest.

"With strong momentum, upside risk on synergy targets and a strong positioning for the nascent US sports betting market, we see scope for further outperformance," said Canaccord.

Canaccord raised its target price on GVC from 1,170p to 1,250p and reiterated its 'buy' rating on the group.

[shayadfn] 14/7/2018 06:21

mylands thats exactly what I find perplexling, I remember back in the second half of 2016, The Times sighting GVC's risk in Turkey, which knocked the share price from its highs and some people started to panic. Are we going to see a similar tactic used again (I don't believe in conspiracy theories) but where money's concerned some journos are easily bought. The Times used to be a reputable paper when I was a boy delivering newspapers, its more questionable now.

[oohrogerpalmer] 13/7/2018 15:17

I always think most of these shorts are just hedging the long positions.
Don't think for a minute they sit there watching the price rise whilst the losses are stacking up!!!!

[mylands] 13/7/2018 13:54

Shay

What I find interesting is that the latest change in any of the the five holders of more than 0.5% was on March 23rd, when the share price was 929p, 179p below the current price. The losses they must be sustaining are huge.

The 5 shorters total 5.72%, equating to over 32 million shares.

[shayadfn] 13/7/2018 12:55

I see the shorts are still in play

[oohrogerpalmer] 13/7/2018 09:27

Can't imagine Kane winning the golden boot & France winning will make much of a dent
in profits from this WC. What they do lose from those bets will have been more than covered by the tennis results alone.
Reckon this will be the best years betting profits for all the bookies.

[speedsgh] 13/7/2018 08:07

Shares in bookmakers climb as industry dodges £100m payout -

Shares in bookmakers rose in early trading today, at least in part due to England's defeat in last nights World Cup semi-final.

The national team's loss to Croatia is likely to have saved bookies millions on high odds bets staked on England winning the tournament.

Oddschecker estimated that the industry could lose £100m if football really did come home.

So it is no surprise that investors breathed a sigh of relief this morning.

Shares in Paddy Power Betfair rose 2.5 per cent. GVC and William Hill both climbed around 1.5 per cent.

Online bookie 888 Holdings edged up 0.9 per cent.

But bookies could still be obliged to cough up if Harry Kane takes home the golden boot. Analysts at Barclays said that if Kane scores the most goals of the tournament, this would be negative for UK bookmakers.

[srpactive] 13/7/2018 07:31

Big article in the DM online, saying bookies
have saved millions due to England getting
knocked out of the WC, dyor. active

[shayadfn] 13/7/2018 06:56

Molatovkid, No I don't deal on large amounts in GVC its always been incrememtal to bring dow the total cost of the whole amount, my average price per share on 228k+ is £3.5 approx. excluding divi's since early 2013.

[norry2] 12/7/2018 13:02

Thanks RAH, I've joined

[molatovkid] 12/7/2018 12:43

Shay, out of interest, were you trading your way to 200k shares so for example, selling the lot on highs and then buying back more on the dips

[noujay] 12/7/2018 11:58

Always moves nicely into a trading update, punches up on the update (assuming its good obviously) then falls away. I just think £10-12 swings might be a bit steep Shay but we shall see. GLA

[rahubbard] 12/7/2018 11:58

Hi Norry2

Suggest Ladbrokes who apply BOG and daily Boost

[norry2] 12/7/2018 11:27

I have a Bet365 Account which I occasionally use. I plan to shut this down and move to a GVC based account. With the various companies now in the stable, any recommendations for the best Mobile App from a GVC company?

[mylands] 12/7/2018 11:17

Well, I did say yesterday that I thought we would reach 1100p before the trading update, but not within 48 hours!

Let's hope it holds and then with a good trading update who knows what the next support level will be?

[shayadfn] 12/7/2018 11:13

Mylands

Ive been adding every time in goes down over the last 4years, I'll be adding to my cey and hgm in the coming months. We will see the share price of GVC fluctuate between £10 and £12 between now and early sept, when I guess they may announce a divi. I had a little dip in VRS at 70p few weeks, extraordinary performance. Fest was recommending this,

[fizzypop] 12/7/2018 11:00

and we have 1101p

[fizzypop] 12/7/2018 10:48

That last penny is proving oh so sticky.

[mylands] 12/7/2018 09:48

Shay

And I thought I had a big holding!

Fizzy, not quite, with the share price at 1099p bid! But then perhaps I am splitting hairs.

[fizzypop] 12/7/2018 09:42

1100p punctured.