Gvc Share Discussion Threads

[t 34] 20/12/2018 16:45

We should be traded on double that .

[coxsmn] 20/12/2018 16:44

Fwd p/e ~8.2

[t 34] 20/12/2018 15:46

Maybe buying more ??

[burn248] 20/12/2018 15:43

I was expecting a holdings rns this morning with the high volume trades yesterday 15 million.

[maddox] 20/12/2018 14:29

Wonderfully frank admission and so pleased you have got through it Fest. Personally, considering the damage that FOBT have done I'm not in the least bit disappointed in the £2 max. The more ethically gambling operates the better, remove the legislative pressure and carry on making money from people that enjoy it.

Best regards Maddox

[gbh2] 20/12/2018 14:12

Quite a disconnect between what thew Brokers say and that actual share price

[trentendboy] 20/12/2018 13:20

yep, very attractive dividend at these prices

[pngasef] 20/12/2018 11:46

I'm more inclined to play at £2 a spin than at those much higher levels. I'd feel more in control that way

[maddox] 20/12/2018 11:19

Hi Festario,

Interested in your comment above "At £2 a spin, no one will ever touch a FOBT machine ever again."

Can you provide your insight into the FOBT gamblers psychology please?

Regards Maddox

[mylands] 20/12/2018 11:16

brownie

Well said, especially the 'insane' bit!

[bor491] 20/12/2018 11:03

so how much has GVC paid for Ladbrokes/Coral?

[brownie69] 20/12/2018 10:08

I dont think this is FOBT related any more. That issue is done and dusted and the Lads premium issue has now gone away.

At a Macro level the markets are nervous. Internationally all eyes on the US and the impact if/when the stimulus is turned off. In the UK we have the Brexit nerves kicking in as well.

Thus for shorter term traders its not a good time to hold the stock. For mid/long term investors there has not been a better time to buy the stock since Kenny Alexander took over as CEO.

GVC is an internationally diversified business that has withdrawn from its black market exposure such as Turkey. Trading wise it outperforms the sector consistently. Higher YOY growth rates and better sports gross margins.

In valuation terms 4.6% dividend at 700p valuation which represents a PER of around 8. Growing at 15%+ pa that is insane!

[coxsmn] 20/12/2018 10:05

Lol i agree for the moment. Nevertheless, i'm grateful for the opportunity to add to my holdings during the current sell off, its sure to pay-off in the medium term and in the meanwhile enjoy the dividends.

[speedsgh] 20/12/2018 09:09

GVC breathes sigh of relief over Ladbrokes Coral payment -

Gambling company GVC (GVC) will not pay out £700 million to Ladbrokes Coral shareholders on the back of regulatory changes to fixed odds betting terminals, removing a ‘significant roadblock’, says Berenberg.

Analyst Roberta Ciaccia reiterated her ‘buy’ recommendation and target price of £13 on the shares, which fell 5.5p to 690p yesterday.

The regulation means GVC will not have to pay £700 million contingent value right (CVR), a sliding scale deferred considering linked to the final FOBT cap that was worth 35p per Ladbrokes Coral share if the legislation was not enacted by 28 March.

Ciaccia said the CVR risk was ‘a very significant roadblock by investors because it created some uncertainty and presents a sizeable risk in terms of leverage’.

She said the investors could now ‘finally focus on the company’s operational performance – which has been the best in the industry in terms of digital growth in the first nine months of 2018’ and expected the shares to ‘rerate promptly’.

[shauney2] 20/12/2018 09:09

From citywire

GVC breathes sigh of relief over Ladbrokes Coral payment

Gambling company GVC (GVC) will not pay out £700 million to Ladbrokes Coral shareholders on the back of regulatory changes to fixed odds betting terminals, removing a ‘significant roadblock’, says Berenberg.

Analyst Roberta Ciaccia reiterated her ‘buy’ recommendation and target price of £13 on the shares, which fell 5.5p to 690p yesterday.

The regulation means GVC will not have to pay £700 million contingent value right (CVR), a sliding scale deferred considering linked to the final FOBT cap that was worth 35p per Ladbrokes Coral share if the legislation was not enacted by 28 March.

Ciaccia said the CVR risk was ‘a very significant roadblock by investors because it created some uncertainty and presents a sizeable risk in terms of leverage’.

She said the investors could now ‘finally focus on the company’s operational performance – which has been the best in the industry in terms of digital growth in the first nine months of 2018’ and expected the shares to ‘rerate promptly’.

[mylands] 20/12/2018 08:55

With the Footsie now down over 15% from its May high of 7868, we are getting ever closer to entering bear market tarritory, which some define as a fall of 20% from the high reached in the previous 52 weeks.

It's no wonder that good news, such as yesterday's announcement that the CVR's have zero value saving the company an additional £700m payment to LADS shareholders, has gone down like a lead balloon.

With the chaos of Brexit compounding financial uncertainty, any rise in a stock's share price is now seen as an opportunity to sell.

[sambessey] 20/12/2018 08:14

Related to fobt legislation? It's both good and bad news for the share price If recent days are anything to go by it seems to reverse throughout the day so i think we will see a small rise today.

[burn248] 20/12/2018 08:10

Anyone any idea for this volatility.

[maddog68] 19/12/2018 16:57

i bougjt 1500 @ 693 omly for it to drop almost 10p in the blink of an eye now averaged at 833

[mylands] 19/12/2018 16:42

With over 10 million traded lookout for changes in Major Holdings being announced.

Asos down another 12% today and since the profit warning on Monday, it's down just under 50%, makes our fall since August seem positively minor!

[coxsmn] 19/12/2018 16:41

I've continued to add in tranches. A lot of very good news here.

[rhuvaal2] 19/12/2018 16:31

maddog68 ~ this is a lively share, not for the faint disposed, widows or orphans

[maddog68] 19/12/2018 16:21

why the big drop ??