Gvc Share Discussion Threads

[velod] 11/11/2016 10:27

Well and truly Oversold now @ RSi24 !!!

. . That is indicative of Seller Exhaustion. Can't see them taking down the big one - 600 and holding it down today, Friday.

. . That's not to say the Bears maybe won't circle round and come back at a later time in an attempt at breaking 600 in coming days. But today?

[festario] 11/11/2016 10:14

Steamed in yet again. Cracking price irrespective of what happens short term.

[fizzypop] 11/11/2016 10:10

Topped up - 600 @ 620p

[mnomis] 11/11/2016 09:58

Slippery, you would have more credibility if you had not gone awol when you told everyone what your exposure was per point and the price then rallied back above £7. Well, it sells off, and guess who is back with hundreds of the same inane, immature posts ... judging on your fleeting posting (a "fair weather" poster), I would not be surprised if you closed out your short at a loss when it hit above £7?

[nurdin] 11/11/2016 09:37

The theory is that one fund manager has been reducing his holding but the disposal has been poorly managed.That has persuaded me to add

edit. which I have now

[tines] 11/11/2016 09:37

topped up too, i think this could be the bottom

[danboris2] 11/11/2016 09:32

Another top up just now for me.... looking forward to the imminent bounce and normal upward momentum resuming

[big7ime] 11/11/2016 09:26

Slipp you turned up on 25/10 around 680, had to close out when it shot up above 7, now you've turned up late again, don't get caught twice! Big turnaround at 615

[kop202] 11/11/2016 09:21

When you look at the three year chart a pull back was inevitable Once shorting/profit taking takes hold it develops a momentum all of its own.Anyone care to speculate were the bottom is Fibonacci experts anyone?

[toyin] 11/11/2016 09:14

Slippery

Fair play.

All the best

[slipperysidewinder] 11/11/2016 08:59

You laughed when i shorted at 740



Your not laughung now!

[speedsgh] 11/11/2016 08:55

Can't see that this has anything to do with the recent weakness but worth a read all the same...

Australia online gambling law revamp puts PokerStars, PartyPoker on notice -

Disclosure: I am long GVC

[fizzypop] 11/11/2016 08:38

Poised. Hot focaccia and coffee in support.

[slipperysidewinder] 11/11/2016 08:19

WONGA

Lmao

[slipperysidewinder] 11/11/2016 08:19

Down


Down







Down

[slipperysidewinder] 10/11/2016 22:08

The utter rubbish you WONGA guts write is laughable.

[slipperysidewinder] 10/11/2016 22:06

Gilotron

Yeah right

Plenty if Wonga then. Fo you think investor relations have got the faintest idea ehats going on.

It you fo then you deserve to lose your cash.

[woodhawk] 10/11/2016 22:04

Interesting posts, diviincomesearch and gilotron - many thanks to both!

[gilotron] 10/11/2016 21:32

I've chatted to the GVC investor relations a bit over the last year. I noticed when you searched for UFC (the fastest growing sport in the world) you got fulltext matches rather than metadata. They got that changed. So I mentioned the CFO in an email tonight and got a response, funny how perspective can be right:-

"Paul was identified after an extensive search and was an outstanding candidate. He has an excellent CV and was part of the team brought into restructure Wonga. He was part of the turnaround team at RSA.

I spent 25 years as an analyst and have met hundreds of of CFOs and can't wait for Paul to join us."

But seriously I've been invested in companies that have fallen on hard times and they cut dividends don't re-instate them.

[diviincomesearch] 10/11/2016 20:49

I see the village has lost his idiot.

Meanwhile, The market reaction is certainly interesting to Trump's election. Consumer Staples, defensives like utilities, gambling, tobacco are all collectively getting stuffed indiscriminately. Meanwhile, financials and cyclicals are piling up.

My theory, is part down to the interpreted rhetoric from Trump. It's all about infrastructure and jobs etc, giving a perceived boost to the economy.

This entails fiscal stimulus, then inflation, and interest rates rising in the long term. The bond yields increase, and dividend yielding defensive plays are seen as less competitive.

Fundamentally though, I don't see a lot that can happen that quickly. Markets are going to be uncertain, the interest rate rise in december by the Fed will likely be held off.

And the selling is just across the board. Fundamentals are seemingly irrelevant. At some point the markets and shrewder buyers will pick this up. GVC is growing revenue, bringing back the divi, and will yield in excess of 3% plus next year. Yet, we've dropped 20% from the recent highs. I'm even more tempted to top up now. But i'll probably increase my holdings in Utilities first. The yields of 4-5.5% are pretty tempting to buy and forget for a while.

Be interesting to see what happens tomorrow.

[gilotron] 10/11/2016 20:41

I wish I made 700quid everytime I posted something positive! My bro works in the city so I'm sure if there was actually trouble afoot I would get wind of it.

He looks like someone that get's things done:-

hxxp://about.wonga.com/leadership/paul-miles/

[crookman] 10/11/2016 20:39

This may be part of the reason for today's sector drop?

hxxp://www.igamingbusiness.com/news/ukgc-urges-operators-focus-customers

Bit of a storm in a tea cup.

[ecoover] 10/11/2016 20:34

Wonga did not have a hole in finances , they were ripped off the public with cosmic rates.