Ladbrokes Share Discussion Threads

[gotnorolex] 02/5/2015 10:03

Afraid you're right! The decent started when that plonker Richard Glynn walked away from the 888 purchase for peanuts! Was an 888 holder at the time and was disappointed for a short while, but stuck with them for a 4 bagger! The worm will turn, but not for some time!

[rcturner2] 30/4/2015 09:06

Broken through the double bottom, downtrend confirmed, a close below 100p would be bad news here.

[cwa1] 27/4/2015 11:57

Some modestly positive comment on LAD:-

[oneillshaun] 23/4/2015 09:40

Molatovkid - Not exactly true, more like less new entrants in the UK market since the license came into force.

LADS needs to focus way more onto the online business it shows that this is the way forward.

[trentendboy] 23/4/2015 07:56

The William hill trading update shows the impact go poc on profits.

Many of the competitors will struggle to survive without Hills global reach and scale.

The poc is clearly having a significant effect

[rcturner2] 23/4/2015 07:56

The fact that Neil Brown owns this share is reason enough to know that it is a stinker.

[molatovkid] 23/4/2015 07:52

Long term profit decline and too many new entrants have stolen their market share

[doohoma3] 22/4/2015 11:17

hope we don't go sub £1

[brummy_git] 22/4/2015 10:06

When available then I'd strongly recommend people to listen to the recording of the 9 AM conference call .

Basically the key message is that gross win margins were hit in Q1 due to adverse sports book results, but have improved in Q2 (albeit only slightly) – probably due to a good Grand National. Elsewhere Q1 cash conversion was very high at over 200% of EBIT.

Going forward Jim and Ian believe margins can further improve for both the retail and online operations.

In my opinion the dividend will definitely be cut but I don't see that as a major problem for medium to long term investors.

Clearly though there is still plenty of execution risk.

[neilyb675] 22/4/2015 10:04

14/05/15 - div to be paid

[montyhedge] 22/4/2015 09:12

Thats the only thing keeping this price up, the tempting dividend yield. But I really can't see that being maintained.

[trentendboy] 22/4/2015 09:11

The online is developing quickly - will it be quickly enough to push up profits to maintain the dividend.

With that yield it looks tempting

[montyhedge] 22/4/2015 09:06

Not cut, passed in my view.

[deanroberthunt] 22/4/2015 08:57

div will be cut nearly 9% isn't sustainable with profits being erroded

[strathroyal] 22/4/2015 08:38

Don't see why the dividend is such an issue. Wm Hill pays a div of 12.2p and has a share price of £3.70, Lads pays 8.9p and has a share price of £1.04. So with the yield being near 9%, it is clear that institutions expect a significant dividend cut.

Add to that LAD has a new CEO who you would expect to do the old kitchen sink job (and it looks like he will do that by June), so it will be very surprising if the dividend is not slashed. Recovery in the share price depends on how his plan is received and whether the bid interest from the private equity sector is genuine.

[montyhedge] 22/4/2015 08:25

Looks like a couple of high rollers took them for millions at Cheltenham.

[diku] 22/4/2015 08:24

Is this heading to 80p?...

[rcturner2] 22/4/2015 08:20

A dividend cut is inevitable.

[elcapital] 22/4/2015 08:18

Chart looks frightening over the last year!

[deanroberthunt] 22/4/2015 08:17

what's the current yield?

[oneillshaun] 22/4/2015 08:11

The dividend is the key, if they cut this would have free fallen.

[woodhawk] 22/4/2015 08:06

Clearly results are not nearly as bad as most were expecting. No dividend cut.

[stephan1946] 22/4/2015 08:00

Today will probably bring more indications of just how bad things are. The press will contain a true oversight on thurs.