William Hill Share Discussion Threads

[technowiz] 22/5/2019 14:06

@ 135.5p this looks important pivot level imo.

[rathean] 22/5/2019 13:37

Yep also doubled up on VOD recently with progressive div policy announced - income part of my portfolio. More excitement elsewhere for sure but I'm hoping biggest gains will be from longer term plays... just need to be disciplined, not my strong point when I'm looking at paper profits.

[stupmy] 22/5/2019 11:27

I guess we view this fairly similarly. For what it's worth I'm also trading VOD, BARC and ENQ as I believe all are good medium term opportunities. I do trade them though. I don't hub and hold them. When they rise I sell a proportion, when the fall back I buy. One reason this is currently working so well is that wider markets are no longer in rampant bull mode. They're not really trending. They consolidating before a decision on direction. At the moment you could even argue that the US500 has a double top in place.

[rathean] 22/5/2019 11:15

Agreed could retest lows and nothing to push it through the ceiling of its falling channel but on balance sub-140 looks like a solid medium term play or an exceptional long term play.Short term is anyone's guess, gambling market sentiment and political mood music means we'll bob on the waves until an RNS gives the share price some direction all imo dyor ofc.

[stupmy] 22/5/2019 10:33

In the past, when the price has hit this support 131/132, it has risen by a minimum of 19 p afterwards. Weekly chart shows a resistance at 162. Daily chart at 165. Worth bearing in mind though that we do not have a higher low or higher high and this remains essentially in a downtrend for the moment.

[rathean] 22/5/2019 09:59

I've added another 6.5k to my holding, interestingly my buy shows immediately after a monster sized trade, sadly I can't afford to match that one although I only paid 0.01p more per share!

[technowiz] 21/5/2019 11:43

wee spike this morning may be because british bulls gave a BUY signal today. i'm not a paying user there so i'll check it later this evening when the page is updated.

136p needs to hold imo. end of day close price the one to watch.

[stupmy] 21/5/2019 10:17

Agreed Rathean, I'm feeling a lot more comfortable. That spike up to almost 140 today is very encouraging. It pierced the daily descending tl resistance. A close above 139 could bring the 170's back into play according to the daily chart. I think the bottom is in barring wider market shocks. I'm pretty confident it won't take very long to get to 143.5.

[rathean] 21/5/2019 09:57

More encouraging share price action this week, chart suggesting a floor has been found. Time will tell of course but happy to hold and see where this goes imo dyor ofc.

[meek] 17/5/2019 16:20

No £1.50 this Friday then... have a good weekend guys

[stupmy] 17/5/2019 16:09

US markets flying. I guess that eases the pressure here. Looks as though might head into the close at the next little resistance near 138. Hard to imagine we'll break that this late on a friday

[stupmy] 17/5/2019 15:44

136 area, that was short term support, didn't act as resistance on the bounce, is now apparently support again. Hopefully it's further evidence that we've seen the bottom.

[boraki] 17/5/2019 09:05

Ladbrokes Coral's parent company GVC Holdings has said the impact from the stake cut on betting shop gaming machines has been less severe than forecast.

Having previously given guidance the government's decision to cut FOBT stakes to £2 would hit earnings by £145 million in 2020 and by £120m the following year, GVC said the impact would instead be £120m and £105m respectively.

The company has previously said that 1,000 of its betting shops were under threat of closure as a result of the stake cut, which came into force on April 1.

William Hill, Paddy Power and a number of independent firms have said their revenues had been hit by around 40 percent following the cut.

GVC revealed the news in a statement issued before its capital markets event on Thursday.

It was also set to announce an additional £15m of cost savings from the migration of Ladbrokes Coral to the company's technology platform, while current trading was said to be strong strong with full-year earnings in line with market expectations of around £646m.

Chief executive Kenny Alexander said: "As we reported in our trading update last month, we have had an excellent start to the year with strong momentum across all divisions continuing into the second quarter."

He added: "We are making great progress on the Ladbrokes Coral integration and we have a clear roadmap for delivery in the US, where it remains early days, but there is no doubt that this is a great long-term opportunity for GVC."

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[stupmy] 17/5/2019 08:39

I guess when you get a bounce from support like that to produce a hammer, there is already good profit for those who bought the support 131/132. Probably just some selling to lock it in. Common for price to drop half way down the wick the day after a daily hammer. That would give 132/133 area. If we're lucky that won't even happen and price will just fly. I'm personally hoping we get to 143 quite quickly. But hope isn't helpful in the markets

[tsmith2] 17/5/2019 08:32

IIs trying to get their fill here?

[stupmy] 17/5/2019 08:13

techno, I didn't sleep that well to be honest as I was thinking that I should have done exactly the same (rationalised). More comfortable now, that the open seems stable. I wouldn't be surprised to see price drop to 132/133 (often does on candles like the hammer), but I'm hoping that todays price action reinforces the idea that yesterday saw the bottom.

That's what I have on the 2h chart.



I'm viewing it in a bullish light, but won't tolerate a new low.

[tsmith2] 16/5/2019 23:21

hxxps://www.racingpost.com/news/ladbrokes-coral-says-impact-of-fobt-stake-cut-not-as-bad-as-predicted/381059

[the white house] 16/5/2019 20:18

My £50 season double on Orient & Norwich was settled as a loser this week. Took 15 minutes to resolve inc asking me 3 times are you sure it's a winner? and calls to area office....shameful

[technowiz] 16/5/2019 19:51

MMs closed it at smack bang on resistance area i'd say. so not a BUY signal just yet.

good gains in US trading but flat since our market closed. it sure helped UK shares rise this afternoon.

i hedged my bets and reduced v.close to today's high. in hindsight i should of maybe done that on the day of the results at c.143p. at least i have some funds for other trades on Friday. also i have an idea of where this share may be range bound. unlikely we see 150 tomorrow but who knows maybe on Monday morning.

[stupmy] 16/5/2019 17:10

Google finance has the close price at just over 137. That'll do me for starters.

[stupmy] 16/5/2019 15:16

2 h chart shows a hammer candle this morning. The daily looks like it will close showing a hammer. No guarantee of further rises, but they suggest good buying at the lows of the period (bullish interest). Here's a 2 hour chart that suggests that a short term support at 136 broke, gave a low around 130/131. Price has moved above 136, but needs to close above it, which it seems to be struggling with a bit. If it could close above 136 it might suggest that the previous support will not act as resistance. Again, bullish. Plenty of scope for a rise back to 143 or higher. Plus stops can be placed relatively close to any entry around here.

[tsmith2] 16/5/2019 14:47

Had been waiting for an intra day reversal

[tsmith2] 16/5/2019 14:46

dipped toe

[boraki] 16/5/2019 11:56

It looks like some punters have already worked out a way of nearly getting round the minimum £2 bet.

Interesting video on youtube showing someone using this method