William Hill Share Discussion Threads

[technowiz] 16/5/2019 11:01

my money looking better here than in Thomas Cook (TCG) today thats for sure. v.strong bounce off 131p support. if a start of a bullish uptrend expect more buying over next couple of days.

[meek] 16/5/2019 10:54

I hope everyone held their nerve...smart money moving in now.

[stupmy] 16/5/2019 09:54

I've not checked recently, but brokers are very bullish on WMH. Last summer Simon Cawkwell lazily said that it was stonking buy at over 250!! It's now over 134!! Yeheeeeey

[meek] 16/5/2019 09:48

The market is a wonderful place, I remember trading these late last summer at £2.30ish, never would've believed I'd get a chance to trade them a pound cheaper.

[stupmy] 16/5/2019 09:46

Yes, but predictions are hard and putting time limits on even harder. I do think we'll see 143/144 in the near future. My common sense tells me 1.50 is still low, but it's best not to argue with the combined knowledge that makes the market. For the moment WMH shares are worth less than 134. I've my fingers crossed now for 138 by close.

[meek] 16/5/2019 09:34

Got a bit to go to reach my £1.50 target by tomorrow haha

[stupmy] 16/5/2019 09:20

My buy signals/permissive signals have aligned and I've entered for a last time. Buying here allows me quite tight stops and I think the 131/132 area is holding as support.

[stupmy] 16/5/2019 08:36

My 15 min chart is giving me some very conflicting information. Obviously price is on the up now, suggesting 131/132 is holding as support, but I normally enter on a 15 minute signal on extreme trades like this (bounces off weekly supports). I have one of my signals suggesting a permissive buy and the other suggesting it'll go further down. I'm paralysed!

[stupmy] 16/5/2019 08:27

If we get down into the 127/128 area I might try one last entry. My aim would be for a close of 133/134.

[stupmy] 16/5/2019 08:15

Just seen it. I viewed it as very strong support, we're about to find out. As you say, looks good for the moment. In a sense things are changing in technical trading. At one point most 'players' followed the obvious rules. Now algorythms are deliberating breaking the rules. This pushes retail traders/investors out and transfers shares rather efficiently into the hands of the bigger players, the smart money as it were. The confusing vague nature of that RNS has played right into the hands of those capable of moving price down further. Question is, is a further fall really justified. Below the 127 area puts us right back in the area of share price rout in 2009 (that dropped briefly to 80). I can't see any reason for us to be any where near those levels.

[technowiz] 16/5/2019 08:11

stupmy there goes your 131p!! didn't stay down there for very long.. strong bounce off it.

[tsmith2] 16/5/2019 07:53

I would have thought if the price was going to collapse it would have done yesterday. Muted response and what looks like stale bulls selling.Tempted to dip toe here

[stupmy] 15/5/2019 16:11

True meek the share price moves well. On the face of it the price would seem good at the moment. If I get the time I'll look into those US deals as they were part shares in the company. I assume new shares were issued and that existing shareholders were diluted. I need to check the details on that. But if they want to aggressively expand in the US and there business model involves issuing shares are part of each deal, then I think we need to understand more about that. I could be talking absolute rot mind as I've not done my homeowork on it.

[boraki] 15/5/2019 15:20

Sounds good

[meek] 15/5/2019 13:24

Given the price movement over the past couple of weeks, most thought there were going to be some real nasties in the trading update, I think we can all agree that hasn't happened, so just relax, at these prices the risks are pretty slim and we all know, when big Willie gets motoring, he really motors :)

[rathean] 15/5/2019 13:03

I agree and fwiw I do like this business at this SP, but the RNS was half hearted, the sort of vague waffle and signalling I'd expect from a penny share.Conclusion is business is steady with growth in some areas offsetting failings elsewhere. Organic online I would suggest missed but Mr Green covered the short fall and then some.Where this goes next is the only question worth asking, does this baseline recent disappointments or does this drift now until someone snaps it up on the cheap? Mr Green was a good aggressive move, they'll need more of the same for proper growth imo dyor ofc.

[boraki] 15/5/2019 12:40

Hear, hear

[rbonnier] 15/5/2019 12:38

See you later then no point hanging around here if you dont like the statement or the company time to move on .

[stupmy] 15/5/2019 11:56

WMH 5 year summary (see link)



this 17 week period = 2% increase in revenues.

We have no idea on profit and frankly the more I look at the statement, the less informative I think it is. I think it has given us very little understanding as to the financial performance of WMH over the last quarter. I guess it suggests that we're standing still as far as group revenues are concerned, but is it telling us any more than that?

The more I look at it, the less I like it.

[tsmith2] 15/5/2019 09:09

Any broker comments

[bor491] 15/5/2019 08:44

They seem to have hidden the real figures? Just putting percentages doesn't mean anything - for instance the USA business grew a lot percentage-wise but from what base? And how can you publish the results of william hill online and mrgreen together?

And how much were FOBT gaming really down? They've just reduced their number of betting shops by 1%!

[rathean] 15/5/2019 08:42

Solid if unexciting results, the bod really need to engage with a copywriter. Exponential growth in the US and continued gains online boosted by Mr Green, Debt refinanced are solid foundations to build on. For me this is a pivotal moment for the business, it's now for the bod to execute their transformation plan. As for the share price I think we'll see the next support level tested before the vulture funds close out and we get a return to a price more reflective of the business value All imo dyor ofc.

[technowiz] 15/5/2019 08:39

topped up 3632 @ 1.368

looks good area to bounce from here.

[stupmy] 15/5/2019 08:26

Got it meek! Pretty well nothing lost and I feel safer not having ridden the out of hours news.