William Hill Share Discussion Threads

[meek] 13/5/2019 09:36

Don't worry mate 149 isn't a high price at all. You'll be back in profit by end of week.

[cwa1] 13/5/2019 08:28

Pleased I only took a small piece in this, just a pity it was at the disappointingly high price of 149 IIRC. Will hold for the trading update in case it surprises to the "not too bad" side but it certainly isn't looking promising :-(

[stupmy] 13/5/2019 08:17

stopped on 25% of my holdings. Might find that my stop was a little too tight there!!

[stupmy] 10/5/2019 18:06

Here's hoping! I'm raising a glass to that.

[stupmy] 10/5/2019 16:29

You're a lot more confident than I am. Bulls look to be holding on by the skin of their teeth. I suspect we'll see 132/133 by the end of next week. Brown alert here next week!

[technowiz] 10/5/2019 15:22

bluee finish? i'll take it! monday open should be a good one!!

[technowiz] 10/5/2019 14:53

143.5 area was the high yesterday. so its a pivot level.

i have support at 139.30p if that breaks then 134-136 area.

[stupmy] 10/5/2019 14:40

Where do you get your 143.5 and why do you think that that is significant?

For my money, it still looks risky. If you look at the price action on e.g. 2 h time frame, today might represent the formation of a bear flag i.e. continuation i.e. more downside. I don't know that it does, but it looks like a risk. Exceeding this mornings high (around 144.8) would seem like a potentially bullish signal.

[technowiz] 10/5/2019 13:42

get in now!! once 143.5p breaks it will move v.quickly up.. last chance to buy at these super low prices.

[rbonnier] 10/5/2019 10:06

Cheers Stupmy .

[stupmy] 10/5/2019 09:44

I have a range of around 132-127 as being very strong support (at close of weekly period). Beyond that there's nothing really apart from 80p in April 2009 (that was a rapid spike down and back to the 132 support area within a week). You'd imagine that something catastrophic would be needed to send it down there. We had a 'brown alert' over the last few days in the wider markets (I follow US500 particularly). I'm hoping 132 area is the bottom, if we've not hit it already.

[rbonnier] 10/5/2019 09:37

This just looks like its in free fall no support any where 132 looks certain whats next Stupmy if 132 doesnt hold ?.
Trading statement is urgently needed here .

[stupmy] 10/5/2019 09:28

I bought more. We gapped up on open, gap closed and I bought more. Tight stop though. 132 still looks like a risk.

[rathean] 10/5/2019 09:17

Sold out yesterday's buy on the bounce to 144 this morning for a marginal gain. Watching how this finishes today with interest.

[stupmy] 10/5/2019 09:01

Well, if you look at WMH strategy statement for 2019,

hxxp://www.williamhillplc.com/newsmedia/newsroom/corporate-news/2019/2018-annual-report-and-accounts/

then the bit that many are focussing on here (FOBT) doesn't seem to be viewed as a major risk for this year. WMH seem to think last year was where the biggest impact was.



Worth reading, although there are no specifics as there are hints that outlays will increase this year, which I guess will be reflected in the financial statement on the 15th.

I have little expertise at reading financial statements so those with specific knowledge could add a lot more, but from what I see, revenues have been pretty flat for the last 5 years.

hxxps://www.williamhillplc.com/investors/investment-case/five-year-summary/

but profits have been falling off a cliff. Assuming the FOBT problems really are factored in last year (largely), could we see flat revenues from UK activities, increased revenues from US operations (in excess of 50 million and possibly profitable), plus increased revenues from Mr Green & Co?

Reading between the lines, I guess that increased spend on Mr Green & Co and developing/shaping the US operations will ensure that we're still making losses this year, but that those losses are stabilising/improving? Anyone else got a take on this?

[stupmy] 09/5/2019 19:30

I have the close at 141.3. Interesting.

[stupmy] 09/5/2019 15:46

Needs to close above 141.3, or it opens up the possibility (probability?) of 132 from my charts.

[meek] 09/5/2019 15:30

The last time they were this cheap was during the credit crunch when everyone thought the world was going to end. Once it turns it'll bounce just as quick. I'm still adding.

[rbonnier] 09/5/2019 15:23

Panic selling setting in ahead of the trading statement ft250 is down 1.2 % this is down near 7% somethings leaked the clue could be the disastrous tender offer

[stupmy] 09/5/2019 15:01

It does smack of bad news on the 15th

[rbonnier] 09/5/2019 14:20

Judging by the share price we are ! Or has the TS been leaked this us down by far the most in the sector .

[stupmy] 09/5/2019 13:06

meek, paying a dollar for a nickel is alos 'buying money'. Let's hope that is not what we're doing here.

[meek] 09/5/2019 12:22

I would say be brave but at these prices it's just buying money. Trading update next week... and even a nasty trading update is now priced in. Little downside from here IMO.