Gvc Share Discussion Threads

[srpactive] 05/10/2017 11:59

It was on the 3rd November last year, if that helps.

[shayadfn] 05/10/2017 11:43

Anyone have any idea when the trading update, this month is?

[cheshiremoggie] 04/10/2017 17:00

PS It would also imply a share price of £9.50 in 6 months.

[cheshiremoggie] 04/10/2017 16:58

Of course, the first 2 dividends were for fy16, not fy17 but still very nice!

As a bit of an idle distraction, I believe that KA said he expected profits(EBITDA?) or something along those lines to double in the next 4 years even without any M&A activity.
Of course this isnt really credible but...

If we assume dividend also double from current levels (33c) to 66c pa in an even manner
it turns out that the dividend should go up by 2c every 6 months(roughly).

ie next divi should be 18.5c

Idle speculation. Absolutely. Will the divi go up in a straight line. No. Will there be consolidation? Oh yes.

However, if we are still the same company in 6 months time, an 18.5c dividend wont be too bad.

CM.

[mylands] 04/10/2017 15:36

Just realised that by adding back the three divs we have had in 2017, which total 40p to the current share price of 853p, and we are virtually at 900p. What an incredible investment this has been and continues to be.

[mylands] 04/10/2017 12:56

Active

Seems a bit far fetched to me. Can you imagine the market reaction if it became known that shares from our directors had been sold to the Shakads?

888 still tracking down, now at 242p below the price paid for the Shakad stake. Not what the new investors wanted to see!

[garycook] 04/10/2017 11:59

srp.Probably a done deal.

[srpactive] 04/10/2017 11:01

Post removed.

[mylands] 04/10/2017 08:57

Noujay

It would have gone to Hills if the Shakad family hadn't held out for 300p when Hills offered 240p and most likely would have gone higher.

I think 888 is now definitely a target in the consolidation that is going on in the industry. A hell of a lot cheaper than LADC but are there sufficient benefits to attract Kenny?

Plus, of course, no high street shops!

[noujay] 04/10/2017 08:47

Interesting on 888 finally might see some action over there. As some people already pointed out though it might be too well priced for gvc

[loganair] 04/10/2017 08:45

Does not really effect GVC, however may effect the likes of Ladbrokes.


Gambling study a ‘loud wake-up call’ for industry, charity says:


The gambling industry must do “much more” to protect players from harm and train staff to encourage safety among customers, according to a report.

Many staff have not had suitable training in how to practically promote safe gambling in their day-to-day job and very few had the confidence to communicate effectively with customers about how to minimise risk, the study commissioned by the charity GambleAware found.

At worst, staff could inadvertently encourage customers to “chase their losses” or develop flawed “winning strategies”, a survey revealed.

Customers reported that safety messages were often less obvious than promotional material, and most were unaware of responsible gambling messages already in place.

Gaming staff could inadvertently encourage customers to develop flawed winning strategies, the report said.

Meanwhile, operators had challenged new responsible gambling material as “too costly” or “risky”, the report concluded.

GambleAware described the findings as a “loud wake-up call” for the industry, saying much more needed to be done for the UK’s 430,000 problem gamblers and a further two million deemed to be at risk.

GambleAware chief executive Marc Etches said: “This is a loud wake-up call to the gambling industry. Frankly, the gambling industry must do much better to ensure staff and customers know when, how and where to seek help.

“This report shows where the gaps are. Significant investment of time and effort is needed to protect players better from gambling-related harm in the first place.

“We hope the industry heeds the call to step up and give the wellbeing of customers much greater priority.”

Paul Hope, from the Gambling Commission, said: “This report is the first of its kind, and we welcome the approach taken by the industry to come together and work collaboratively to identify what areas need to be improved.

“We look forward to the next phase of trialling and evaluation, and to widespread commitment to implement the best practice approaches that emerge.”

[mylands] 04/10/2017 08:28

Has 888 just put themselves into play now that Shakad has sold their entire 13% stake at 243p, which has pushed the share price down to 246p?

[srpactive] 03/10/2017 16:10

Sorry wrong thread.

[noujay] 03/10/2017 15:45

I think there would be slightly larger volume if that was the case!

[mylands] 03/10/2017 15:42

Ah, now I understand.

Good move over the last couple of days. News leaking out on the trading update? Still no date on the website when that will be.

[noujay] 03/10/2017 15:38

I should have said drifted! It would be nice to see it continue on this trajectory obviously

[mylands] 03/10/2017 15:35

Noujay

Hardly 'drifting'!

[noujay] 03/10/2017 14:56

Nice to see it's not drifting too much albeit on very small volumes.

[mylands] 03/10/2017 12:54

Add back the 14.6p div and we are nearing the high before we went ex of 860p.

[loganair] 02/10/2017 14:43

Ladbrokes Coral is trying to prepare its business to be ready when the government approves a final resolution on fixed-odd betting terminals (FOBTs). The company has hired City banks to evaluate the possibilities once the new legislation takes effect.

Ladbrokes Coral has signed agreements with Deutsche Bank, Greenhill, and UBS to explore its consolidation potential and assess the upcoming industry. Once the review gets published late next month the company could renew takeover talks with GVC, the online gambling operator that tried to merge in the past.

[noujay] 02/10/2017 14:25

Would be interesting to see the content.I'd sooner they held tight for now and not bid for ladbrokes, and if they do go for something that it be a purer play than that. However the way things are going for GVC, if they keep gaining momentum going into what should be a banner year 2018, then if they could get LADS at the right price they could take a significant and quick bite out of the associated costs which would return value swiftly.That said I'd like to see us plough into next year on the current basis and start generating more cash.

[brownie69] 02/10/2017 08:37

There is a JP Morgan note out apparently which looks at the various M & A scenarios between the major gaming numbers. The top of the list in terms on synergies is GVC buying Lads/Corals.

Not got a copy, heard via my broker just now.

WH. I dont understand why you are forecasting a dividend holiday in such a scenario. Its not usual is it? I know it happened when we bought Bwin but that was exceptional in terms of the relative size of the acquisition, and the way it was financed. Thus welcome your thoughts on why there might be such a suspension of divis

[shayadfn] 30/9/2017 16:06

Hello All, the share price looks good, looking to add in the coming weeks, been distracted in trading cey over the last few weeks, I'm expect 3rd Qtr trading to come out shortly.

[mylands] 29/9/2017 22:41

Strange, because the more the price falls the smaller their loss on the short position. Basic economics, dare I say?

[woodhawk] 29/9/2017 10:25

Why is that 'strange'? I always try to buy when the price is falling, you tend to get much better deals. Basic economics, mylands.