Gvc Share Discussion Threads

[italianofacilejan] 14/9/2020 19:29

19.8 million internet win...pretty good

[trentendboy] 14/9/2020 18:47

Draft kings plus Ceasars plus HillsReally hotting up over thereGVC well placed but it will be competitive

[italianofacilejan] 14/9/2020 11:28

New Jersey numbers out at 14.30 EST...would be nice to see $20million NGR..for August.

[srpactive] 14/9/2020 09:22

teb

Yes and the US ex gamblers pre 2007 ports act will
remember partygaming as we had 50% of the market.
Good times and new high will be with us shortly I
feel.

dyor

active

[trentendboy] 14/9/2020 09:06

US numbers from this weekend look very strong - whole sector will keep flying imo.

The numbers will spur other states to open up damn quickly as they see massive tax revenues slipping through their fingers and they know it is also popular with voters.

US will open rapidly and GVC have one of the top partners for this with brands and spending power

[badger8888] 12/9/2020 19:07

We don't even get a mention. https://www.cnbc.com/2020/09/12/unprecedented-mega-sports-weekend-betting-bonanza.html

[srpactive] 11/9/2020 11:32

Kenny is and always will be King, but yes
a new US market needs a different approach, I
am expecting 900p today. Once through 913p, 1100p.

dyor

active

[italianofacilejan] 11/9/2020 11:24

Wonder if this week we will see £7,£8 and £9...now that it's second biggest market has basically legalised online gambling, albeit with slightly draconian limits...I can now see it going on beyond £9..no doubt with a few hic-cups along the way..as someone wrote it does seem to be a somewhat accident prone company...maybe less so now with new management..bit like swapping Harry Redknapp for Mauricio Pochettino....

[srpactive] 11/9/2020 10:55

w

Thank you, the US is key for me.

[wilco69] 11/9/2020 10:28

News in Germany suggests that the German states have agreed a new regulatory framework, including potentially a cap on online deposits and a €1-per- spin stake limit for online slots. Of GVC's £2,665m online NGR (Jef FY21E), c15% is derived from Germany, with about half of that coming from online casino. We assume: Slots account for two-thirds of online casino in Germany; c35% of slot play at €1 or less; A 40-50% margin. We, therefore, see a potential c5% EBITDA impact in FY21E (c8% to EPS), before mitigation.

[srpactive] 11/9/2020 09:59

What is the above about?

[srpactive] 11/9/2020 08:50

Morning all, looking very good here for a test of 913p.

dyor

active

[coxsmn] 11/9/2020 08:32

Great, they listened to GVC.

[macarona] 10/9/2020 21:49

hxxps://egr.global/intel/news/germany-rubber-stamps-transitional-operating-period/

Part of the reason for today’s rise.

[festario] 10/9/2020 15:16

Sorry for the off topic..... but IQAI is about to go into orbit!

[coxsmn] 10/9/2020 14:44

"Based on this performance, City analysts are expecting the company earnings growth of 19% this year, followed by growth of 48% next year.Based on these projections, shares in the company are changing hands at a forward P/E of 10.6. That's even after rising more than 100% from their stock market crash low. I reckon this is too cheap for a business that has grown net income 10-fold over the past six years. Over the past six years, the company's average P/E has been 18. "

[srpactive] 10/9/2020 14:29

W and GC

Thank you for articles, much appreciated.

cm

Well I have a few if you do not mind.......

I continue to buy.

[cheshiremoggie] 10/9/2020 14:13

Trading on more a 60% EV/EBITDA discount to FLTR) it remains our key gaming pick.No need to say more...

[wilco69] 10/9/2020 14:07

Numis pushing GVC as a top pick in their Back To School note:

GVC (BUY, 1200p): Diversification, momentum and undervalued
The online gaming industry has been particularly resilient during this period with online casino and the recent resurgence of sportsbetting more than offsetting the challenges faced by retail. No company has reported stronger momentum than GVC, with online NGR growth in 1H of 21% (gaming +32%, sports +8%). 2Q became the 18th quarter of double digit growth. We welcome GVC’s renewed ambition in the US, committing $450m into the MGM JV to go “toe-to-toe221; with FanDuel and DraftKings. BetMGM’s leading 18% market share in NJ igaming gives us confidence that double-digit market share in sportsbetting across multiple states is achievable. US-aside, GVC is uniquely diversified across product and geography, limiting regulatory risk. Its cross-product proprietary technology enables it to enter new markets, quickly, whilst retaining the economic benefits. Whilst Kenny Alexander’s abrupt resignation and subsequent HMRC investigation caused some concern, we expect strategy to remain unchanged and the continued positive trading updates should offset any potential negative outcome of a long-lasting investigation. Trading on more a 60% EV/EBITDA discount to FLTR) it remains our key gaming pick.

[srpactive] 10/9/2020 12:47

mkid

?

GC

That is why I will be doubling up, hopefully can challenge 913p now,
then roar higher, ( se what I did there ).

dyor

buyer active

[garycook] 10/9/2020 12:32

GVC Holdings


This is one of the few companies that looks as if it will profit from the coronavirus lockdown. The group has reported that during the lockdown, the number of users on its platforms jumped by a double-digit percentage. This offset the impact of declining sports betting revenues.

Based on this performance, City analysts are expecting the company earnings growth of 19% this year, followed by growth of 48% next year.

Based on these projections, shares in the company are changing hands at a forward P/E of 10.6. That’s even after rising more than 100% from their stock market crash low.

I reckon this is too cheap for a business that has grown net income 10-fold over the past six years. Over the past six years, the company’s average P/E has been 18.

It also bodes well for GVC’s dividend. Based on current profit projections, analysts believe the company will restore a 38p per share dividend in 2021. That would give a dividend yield of 4.5% on the current share price.

Of course, the company’s outlook is highly uncertain at present. However, I think GVC’s performance in lockdown shows that it is well-positioned to whether any further coronavirus uncertainty. Therefore, I believe the stock could be worth buying today as the UK’s economic recovery gets underway.
Rupert Hargreaves. Motley Fool.

[srpactive] 10/9/2020 08:31

Yes I am happy too, I just continue to buy as I mentioned
the other day will be doubling my holding here once my
hgm money comes in.

dyor

active

[base7] 09/9/2020 19:15

Sporting bet was my first involvement here,many moons ago & I have no complaints.Being seen to increase our market share in the Us would definitely help our share price improve & that must be very possible