Gvc Share Discussion Threads

[velod] 12/1/2017 09:41

Yes, but the decision, the right, for the directors to receive their allotments in cash was made back in 2014 along with the 'hold above 600p' clause to achieve that booty.

. . . Their decision to exchange for cash might hurt, but the clause giving that right was not made this past few months but made for them - back in 2014.

. . . Or does that sound too forgiving of me?

[ballychan] 12/1/2017 09:30

Thanks Nurdin, that's helpful. So tighter regulations is a real risk. That uncertainty isn't helping. I'm not surprised it's dropped, if Directors are happy to cash in options and sell at 645p the Market isn't going to re-rate them higher.

[nurdin] 12/1/2017 09:10

Had a chat with Nick Batram,the investors relation man at GVC.I am sure he will not mind if I summarise his thoughts here.

1 there are quite a few factors which have possibly colluded to depress the share price, in his opinion

2 The recent William Hills negative trading update which has had an impact on the sector as a whole

3 prospects of higher taxes and tighter regulations

4 sector rotation,such as into the mining sector by the Institutions

They have the scale however and are able to ride all the regulatory and the taxation issues,but cant do much about the sector rotation.

[velod] 12/1/2017 09:09

All FTSE indices have opened down this morning. So this morning's early haircut for GVC has got back-up. For now.

[diviincomesearch] 12/1/2017 09:00

Whatever is happening, it's pretty painful given that the global risk appetite for stocks has increased and global markets have performed well, while GVC has been getting a battering

[velod] 12/1/2017 08:51

I'll be more than surprised if this falls further than the last long retrace low, which was an intraday low of circa 609p-ish.

. . . - 608pish absolute tops. I admit it's a bit daft saying that with only 6p or so, away from that figure, as I post.

[mylands] 12/1/2017 08:51

I can't recall seeing a claw-back provision in the LTIP if the shares fall below 600p, just a one-way option that they needed to stay above 600p for 89 days to be triggered.

Will we see any of the analysts share price target prices being lowered, or will we get a re-iteration of the value of the company as it is now in over-sold territory.

[nurdin] 12/1/2017 08:25

I wonder if this fall has anything to do with the European anti money laundering laws due to come into force shortly?

[shayadfn] 12/1/2017 06:26

I added again, yesterday and the good thing is I have more firepower to buy more, TD give me a relatively large credit.

[velod] 12/1/2017 00:30

There's a chance (more than a chance) the long retrace from September ceased in the week prior to Christmas - Friday 23rd to be precise - (precise?? Yes I know - Lol!)

. . . To explain with my arcane and torturous reasoning would bore all and sundry to death, so I'll just say - in my opinion. Others might say nah it was nothing more than some sort of late Santa rally.

. . . However, be that as it may, in my opinion it was only XD day itself that halted the freeing of the share price from the long "continued fall" in its tracks.

. . . XD day alone! - Not shorters nor insitutions but the market's self imposed XD period alone.

. . . Lifting the XD period after Feb 12th will be T-H-E biggest test of where the immediate future lies for the share price since the carry-on that commenced in September. I thought the share price passed that test positively on Dec 23rd and this current period is just the XD interlude to the SP's re-continuance of that positivity.

[woodhawk] 11/1/2017 23:25

The market is always right, so no point in arguing the toss, I suppose. In the meantime, I shall attend to other things as I collect my divis and await the inevitable resumption of the uptrend here.

[velod] 11/1/2017 23:02

Whilst broadly agreeing with your post Woodhawk (seriously, who wouldn't?) I still think you're just a tad early in SOME of your post. I don't think it can be said "continued fall" of GVC whilst the share is in XD state of play.

. . . You have to remind yourself that during XD periods that GVC always displayed quite a vicious temporary retrace - And you never could quite tell where the bottom was in each divi XD period if you were planning to take advantage and top-up during those periods.

. . . I think this retrace is quite distinct from the extraordinary retrace since September. I'm not cupping an ear for any alarm bells just yet - but treating this as just par for the course in a characteristically GVC XD period. After Feb 12th and no climb back - then yes, I might start flapping a bit.

[woodhawk] 11/1/2017 17:32

Well said, Festario. I also see no reason for the continued fall in the share price nor that all the good news since September has been completely ignored by the market.

Usual trading ahead of expectations? share price down!
BWIN integration ahead of schedule? share price down!
Unexpected special divi? share price down!
Totally unexpected increase in divi... before it is even paid? share price down!

This is just getting silly.

My view is that a strong correction upwards is imminent. Like you, I prefer to buy when others are selling - since I have adopted this policy my entire portfolio has risen more than 50% over the past 18 months. Though I still have a very large holding here, whilst GVC's share price has been falling I have made excellent gains elsewhere. Therefore I shall continue to add to my holding in GVC while this lunacy persists.

[mylands] 11/1/2017 17:31

Another strange RNS from Standard Life. They have sold a couple of thousand and dropped below 10% to 9.998%! The Company's website still shows them with only 5.89%

This has every indication of a bear raid on the stock. Will it induce our CEO to make a statement?

[festario] 11/1/2017 17:16

Yep, I like to buy when it seems that everyone is keen to sell, especially with cash flow like GVC have!

[fizzypop] 11/1/2017 17:13

Closed at 619p on LSE.

[nurdin] 11/1/2017 16:53

Any of the experts here got any idea as to why we are sliding down on a daily basis? Cant be just the Directors dealings?

[festario] 11/1/2017 14:16

Ermmm, blue finish? anyone?

[nurdin] 11/1/2017 13:31

Should have realised that the price could get even more attractive lol

[diviincomesearch] 11/1/2017 13:20

Another wedge of 400k shares just went through. So perhaps so.

[nurdin] 11/1/2017 11:03

Perhaps the market expecting Norbert to dispose off his remaining 1.5m shares in not too distant a future? Might explain the share price weakness.Anyway I couldnt resist adding at these attractive prices.

[velod] 11/1/2017 10:37

This morning's share price is reminiscent of the XDivi share price during the old days when the first divi of the calendar year would result in the share price averaging a retrace of 7% ish (and the rest of the following interims retracing approx 5% ish) - only to recover enthusiastically once out of XD territory - but those were based on an average divi quarterly's equivelant to roughly 2% of the share price So the current rough retrace of 5% from prior to going XD puts it on a similar footing. Here's hoping that post mid February the share price behaves like the old days too.