Gvc Share Discussion Threads

[bor491] 28/12/2018 09:39

yes and big debt doesn't help when most UK stocks are under heavy pressure. I know this has performed well in the past and GVC has good management but the wider economy out there is very tough. I expect more uncertainty until this damn brexit thing is cleared.

[mylands] 28/12/2018 09:35

Talk of bids is way off the mark IMO.

With virtually all stocks now way off their highs, we are not seeing much, if any, M&A activity. A sure sign of ‘buttoning down the hatches’ rather than splasing out funds that will be needed if the down turn we have seen brings about an economic recession.

[buccini] 28/12/2018 09:32

marketscreener.com/GVC-HOLDINGS-4005005/financials/

[buccini] 28/12/2018 09:30

Debt is about 2.5 earnings now, but will be paid down in the coming years (forecast to be 2.22 x earnings in 2020).

[ecoover] 28/12/2018 09:27

So how much debt gvs has ??? One good news about debt was that gvc does not have to pay this £700 mln in relation to cvr .

[maddog68] 28/12/2018 09:21

don't deramp

[bor491] 28/12/2018 09:08

these have a substantial amount of debt onboard no?

[maddog68] 28/12/2018 09:05

sp not going anywhere.

[coxsmn] 27/12/2018 08:40

Vegas is a very fun place!

[ecoover] 25/12/2018 14:36

Nice movie about Las Vegas , from minute 40 huge MGM project .

[ecoover] 25/12/2018 08:57

As long as gvc and mgm will be developing the jv , rather no one will bid .

[maddog68] 25/12/2018 08:51

my 8.33 average seems along way off.

[coxsmn] 25/12/2018 07:24

MGM can't buy gvc out yet, they have an agreement allowing the option to buy each other out after 10 years.

[sambessey] 25/12/2018 01:05

My main fear is that someone like MGM try and take advantage of the weak price and buy this out on the cheap- otherwise perfectly happy to hold and collect a few divis and come back again in a year or 2.

[rhuvaal2] 24/12/2018 17:11

I am in for more but only if the markets turn really ugly (current bull market of 10 years) say @ around 585p. 'Else am happy with my re-entry levels. Very good luck to
everyone.

[coxsmn] 24/12/2018 16:37

ecoover, the drop is because of fall in global markets which remain volatile. Fundamentals here remain strong, not forgetting the GVC Chief Financial Officer only recently splashed out £750K on shares at £7.32.

[ecoover] 24/12/2018 16:18

So why this drop ??

[coxsmn] 24/12/2018 15:57

2% increase on Italian land and online sports.In Italy there will be full advertising restrictions in place from July 2019. As a result of this change, Gvc owning land based shops will actually be an advantage versus their peers (as Kenny highlighted in the interim results presentation), this along with Gvc taking market share and economy of scale.

[nurdin] 24/12/2018 14:41

On line casino gambling taxes go up from 20% to 25%.

[ecoover] 24/12/2018 14:07

The increase in tax is only 1.25 % .

[noujay] 24/12/2018 12:12

As I understand it Italian operators generate roughly 15% net income post taxation so a 5% rise is a big hit to their profits

[noujay] 24/12/2018 12:06

Yes but not many. I'm plenty down too. It feels a cracking price to buy more but each time it generates some forward motion down we go again at the moment

[stephen1946] 24/12/2018 12:00

individual performance counts for nothing in a market crash. This could drop to a fiver. Selling would be stupid, bite the bullet and WAIT, it will recover.

[nurdin] 24/12/2018 11:53

You still holding Noujay?

[noujay] 24/12/2018 11:49

This is a hit then