Gvc Share Discussion Threads

[shayadfn] 30/3/2017 11:21

Where is this date, for update at the end of April? I can't see it on the GVC website calendar.

[mylands] 30/3/2017 10:50

Good posts, even if I don't agree with some of them!

I wonder why we are having another trading update within a month of the last one. Seems rather quick to me, or is there a specific reason we are not aware of?

Views?

Forgot to add, Feb's div and now May's div, total 25p. Add this to the price now of 728p and you are over 750p which is not far short of the recent high for the stock.

[cheshiremoggie] 30/3/2017 10:15

The next definite news is the trading update at the end of April. At that time any drop due to the ex-div status will be completely lost in the noise.

[noujay] 30/3/2017 09:59

Not taking too bad a pummelling post dividend so far, any thoughts on the floor and time period before it refortifies? Historically speaking as I'm fairly recently into this one

[srpactive] 30/3/2017 09:04

Good posts, that is most enlightening loganair.

[loganair] 30/3/2017 09:03

As for Scottish Independence, Spain will never let Scotland join the EU due to the Catalan problem.

The amount of income Scotland receives from North Sea oil has fallen from £15bln to less than £300mln. By 2020 Scotlands National Debt will be over £100 Billion almost the same as Greeces as a percentage of GDP. Finally the borrowing requirement will be 15% which is one of the highest in the world.

It seems to me Independence is about the SNP wanting Power, a power grab, and Rank for themselves and also an emotional issue as logical, rational reasoning and wisdom says No to Scottish Independence.

[loganair] 30/3/2017 08:31

In my good opinion I am in favour of Brexit....

In 1980 the 28 countries of the EU accounted for 25% of world GDP, by 2008 this had fallen to 20%, by 2020 expected to fall even further to 15% and by 2040 to just 10% of world GDP:

Britain is one of only 3 countries where the amount of trade we do with other EU countries has fallen and the amount of trade we do with other EU countries is the second lowest as a percent of trade. Even if we stay with in the EU by 2040 our trade with the other EU countries is expected to fall to between 18% and 22% while many other EU countries it is well over 50%.

in 1980 the G7 countries accounted for 56% of world GDP while the E7 countries which include China, India, Brazil, Indonesia, Russia, Mexico and Turkey accounted for only 10%. By 2050 it is expected that the percentage of world GDP by the G7 will have fallen to just 20% while for the E7 will have risen to 50%.

[altom] 30/3/2017 08:07

Fenners66.
If my wife read your last post, she would assume that I had written it. I assume you are a Cantab.(poor chap) but I completely agree with everything you say. We have no need to feel hesitant about leaving the EU which imho is unlikely to survive another five years. The German work ethic can never sit comfortably with the 'manana' attitude of the Mediterranean countries. It will all end in tears and we will be well out of it.
Incidentally I would be interested to hear your views on Ms Sturgeon.
GVC is by some way my biggest holding and it will continue to be so while KA keeps delivering the goods.

[cheshiremoggie] 30/3/2017 07:33

Totally wrong as you have completely missed the whole point of the exercise.However this is a GVC forum and luckily prospects are much brighter than for us and Europe.Onwards and upwards to the next dividend.CM

[alfie4048] 30/3/2017 07:12

Totally agree

[fenners66] 29/3/2017 15:58

Well if Brexit was solely about trading with the EU there is some risk, not withstanding the balance of payments about £60 bn in favour of the EU there is greater risk to them than us. So we may have some imported inflation for a year as the £ falls , however most of that £ fall has already been built in, but then as markets do we will see demand for British manufacturing rise and balance of payments equalise.

That would lead to a strengthening economy and all will be right with the world again. The Greek debt problem (EU's problem not ours) is exacerbated because they are in the Euro and cannot devalue. We have and it will fix stuff.

That said Brexit is NOT solely about trading with the EU. Its about be able to run our own country and make our way in the world , have our own laws and manage our own budget - not part of the £120 bn spent by unelected officials who have so little grip on the finances that the auditors have Refused to sign off their accounts for 20 years!

Can you believe that ? If this or any other company we invest in missed one filing deadline because of audit the shares would plummet but Eurocrats think its acceptable to fail for a generation - I for one cannot wait to leave such an inept ( not to say potentially corrupt ) organisation.

[diviincomesearch] 29/3/2017 15:15

Yes, I trust the market remains steady on ex-div day.

I'm planning to de-risk, and sell a few of these- currently makes up more than a quarter of my portfolio. Learnt that I was too overweight to pick up anymore once it dropped down to 6 quid.

Hopefully we can go from strength to strength.

[woodhawk] 29/3/2017 14:30

How I wish the share price would just move straight on up after the divi drop tomorrow :-)

[hanleyr] 29/3/2017 13:07

Srpactive, I think you are spot on; over £8.50 after the trading statement.

-------------

Artcle 50 has been invoked.

Excellent news.

H

[woodhawk] 29/3/2017 12:55

Thanks, CM!

Financially, I have done very well out of Brexit so far, and I think that is likely to continue. Large progressive dividend payers - particularly those with major overseas earnings, like GVC - will become even more sought after as interest rates remain little more than zero for a very long time and the value of the pound crumbles further. Of course there will be peaks and troughs along the way - but every one is just another opportunity, imo.

[cheshiremoggie] 29/3/2017 12:44

jfishy55.

My pleasure. Of course, events have been known to change plans (i.e. a new acquisition) but thats it at the moment.


CM.

[cheshiremoggie] 29/3/2017 12:42

Woodhawk

"I am appalled by Brexit - it is a ludicrous decision, imo. Furthermore, I have no faith in Theresa May as either head of state, or any kind of hard negotiator.

But as regards GVC - I think the likely fallout will be to our benefit as the majority of our earnings are non-sterling and it will be the £ that gets hammered still further as the looming hard-Brexit disaster becomes more apparent."


My sentiments exactly - ludicrous is the perfect word...

CM.

[woodhawk] 29/3/2017 12:02

Mylands,

I am appalled by Brexit - it is a ludicrous decision, imo. Furthermore, I have no faith in Theresa May as either head of state, or any kind of hard negotiator.

But as regards GVC - I think the likely fallout will be to our benefit as the majority of our earnings are non-sterling and it will be the £ that gets hammered still further as the looming hard-Brexit disaster becomes more apparent.

[srpactive] 29/3/2017 11:40

Mylands

I feel as all do we will move down the value of
the dividend tomorrow, but with the trading statement due
w/c 24 April and the Capital markets day on the 25 May,
I am expecting gvc to be between 800 - 900p by end May.

dyor

[mylands] 29/3/2017 11:33

The end of the Brexit phoney war, now reality takes over. How long before we see a serious adverse reaction to news coming out from the negotiations? I hope I am wrong but I have a nasty feeling it will be sooner than the market appears to think. There appears to be no factoring in at all for a negative outcome.

[jfishy55] 29/3/2017 10:32

CheshireMoggie - Thanks for that, much appreciated, not the sort of RNS I should have missed!

[nurdin] 29/3/2017 09:48

XD tomorrow for the 12.5p special dividend.No one is rushing to buy today lol.

[cheshiremoggie] 29/3/2017 09:47

Of course that doesn't rule out any further specials! I'd missed that...

[cheshiremoggie] 29/3/2017 09:47

Hi jfishy55.

To answer your question there was an RNS detailing the special dividend and trading update on the 3rd November 2016.

In this RNS they said :

"Dividend Policy

Absent of any significant capital allocations or investments and consistent with maintaining appropriate capital ratios, the Group plans to adopt a dividend policy of distributing 50% of annualised free cash flow, commencing financial year ending 31 December 2017. It is expected that payments will be biannual with an approximate split of 40%:60% between the interim and final payment. Furthermore, the Board will also consider returning any future excess cash to shareholders in the form of special dividends and/or share buybacks. Excess cash will be determined by the capital requirements of the business, together with the trading outlook at the appropriate time."

I was nearly right - its a 40:60 split.

Hope that helps.

CM.