Gvc Share Discussion Threads

[festario] 19/9/2018 14:25

It looks like the time to pile in.

[tobyjo] 19/9/2018 11:31

Because XD is tomorrow so the drop for the XD would be then.tobyjo.

[gdcox] 19/9/2018 11:30

After XD in current price, forecast yield will be 3.83% (on a discount '19 forecast). Quite contrast to the recent 3.2.

[gdcox] 19/9/2018 11:27

Ignore my point then! Explain no sudden drop at 8AM

[gdcox] 19/9/2018 11:25

It is a recovery or dead cat bounce day by 10p (at just after 11). Charts should have XDs marked. They are irresponsible misleading without . Even the FTSE 100 gets affected some days. NG. is a classic early last year when an 82p div was paid, representing almost 10%.

[tobyjo] 19/9/2018 11:23

Xd Tomorrow 20/09/18

[gdcox] 19/9/2018 11:18

it was stationary at the opening so it in effect rose 16 p before losing some of that by now. It is back t mid-afternoon. Today is a recovery or live/dead cat bounce day even if it does not look like that. Chart provider are truly stupid not to mark XD's on charts. Even the FTSE is warped by that on some days .

[nurdin] 19/9/2018 11:03

huh?Its a statement of fact..not sure what is optimistic about that !!

[woodhawk] 19/9/2018 11:00

I had to chuckle, nurdin. The share price has currently dropped circa £2 yet another 16p drop is "covered by the divi of course". Optimism like that should be applauded!

[mylands] 19/9/2018 10:55

Then we are at the 950p level, who would have thought it a few weeks ago?

[nurdin] 19/9/2018 10:11

Another 16p drop tomorrow as the stock goes xd...but covered by the divi of course

[woodhawk] 19/9/2018 09:24

BTW, I have no financial interest either way in GVC, just an interested former holder. I might be tempted beyond restraint if history were to repeat itself and the share price dropped to below 900p in the next 3 months. Currently, I'm fully invested elsewhere - except for my emergency 'Brexit Armageddon' (or possibly 'Brexit Blastoff') fund, ready to take advantage of any major lunacy (or return to sanity?) that might transpire in the next six months.

[woodhawk] 19/9/2018 09:02

Sogoesit,

According to the LSE the apres-FTSE entry drop I was referring to was from 769p on 20-9-2016 to 595p on 25-1-2017 therefore 23%. I assume that's closing prices, so the drop might actually have been a shade more than that!!

Nurdin,

As I said - there were many positives in that period in 2016-2017 that were completely ignored. Just as there are many positives now.

[nurdin] 19/9/2018 08:56

Woodhawk..is it fair to compare the price action of two years ago with what is happening now? The whole complexion of the company has changed,LADS,a global player has been swallowed up,one of the largest market for on line gambling is opening up and business momentum is gathering speed etc.The price may have further to fall but not as much as you think,I feel...then who knows!

I am on the sidelines right now waiting for a better opportunity to buy back in again.My timing is dismal though so will have to be careful!

[allonblack] 19/9/2018 08:56

Its on the same pe as william hill now and 11x cashflow. Must be a robot selling.

[tobyjo] 19/9/2018 08:53

Mylands,It also suprised me too but that is the automatic exit price £7.30.£8.18 would put us at FTSE no 100 but then there is still six FTSE stocks at the moment valued less than that.tobyjo.

[mylands] 19/9/2018 08:24

Tobyjo - Thanks, but as low as that, which surprises me.

[sogoesit] 19/9/2018 08:16

There was a pull-back in the week of 7/10/16 to week of 27/01/17 which was 145p for 14%.
The current pull-back from the high of 1184p in week of 03/08/18 is 16% high to low to yesterday.
And, it is September (a bad month) after all.
(I work on weekly charts for long term holds).

[woodhawk] 18/9/2018 19:49

I has just occurred to me - there was a substantial pullback in the share price after GVC joined the FTSE 250. The magnitude of this looks similar (after joining the 100)? The fall was something approaching 25% top to bottom (almost 800p to below 600p) over a circa 4-month period (Autumn 2016 - January 2017 - same period as now really) I'm sure someone could calculate the exact figure. Of course there were minor bounces along the way. I remember there was a lot of 'good news' then - all routinely ignored until the share price bottomed out.

If history repeats itself - this fall has a way to go yet. If you manage to catch the eventual bottom - the rebound was pretty swift that time. Maybe I'll look in again In December... maybe a bit below 900p?

[sogoesit] 18/9/2018 19:26

52 week SMA currently at 949.
Base line of the uptrend channel at about 940.
Good entry, or accumulation, point imv.

[coxsmn] 18/9/2018 19:22

Whenever gvc falls back it turns out to be an excellent buying opportunity, timing is everything thou.

[tobyjo] 18/9/2018 18:25

mylands,I think roughly £7.30 would put it in automatic exit position.tobyjo.

[mylands] 18/9/2018 18:02

At what price will GVC exit the Footsie, not something I thought I would be contemplating so soon after entering it!

[plasybryn] 18/9/2018 17:05

Over the years we've seen sudden falls for no real reason and then within a relatively short period everything is hunky dory again.
But its not the share it was imo and I miss the wise council of Richard Cooper the ex. CFO.
The days of 9% dividends are unfortunately long gone.
A stock I have been in even longer than GVC and is high on the boring ratings, is SUS. But in 10 years it has gone from £2.60 to £25. So boring can be good!
But the real star and a much better performer than GVC, is Burford Capital (BUR) up 1515% in 5 years compared to GVC's 308%.
Perhaps I need to invest more there notwithstanding the pathetic dividend. At least SUS pays 4%.
So come on GVC win my confidence back.

[tobyjo] 18/9/2018 16:55

hxxps://egr.global/intel/news/gvc-restructures-foxy-and-gala-bingo-teams-to-boost-efficiency/ Found this article but this should be good news so I dont think this would cause any drop.tobyjo