William Hill Share Discussion Threads

[trentendboy] 07/8/2019 16:59

Over sold - simple buy at these prices if I had liquidity

[noujay] 04/8/2019 18:35

That is partially true I would say. The big U.K. operators are down and in the main it's because, imo at least, the sector is unloved and getting badly over regulated with likely more to come. Yes this will affect smaller outfits and likely leave just the big boys standing, so ultimately they will control most of the market given the barriers to entry will simply be too high.However, lots of talk re US opportunity. Hills are there but this week news really not great on the face of it. GVC look like they raced into a jv which sounds good but is completely untested in the US. Flutter however look like they've got the strategy and platform in place (via fantasy acquisition) to make their mark quickly and at scale.This would seem to me a good reason why if you look at the three month plus charts for example they are all down bar Flutter. They share the same territories and therefore regulatory challenges, but in terms of the big opportunity Flutter look very well placed.Just thoughts anyway.

[loganair] 03/8/2019 09:45

Reading some of the posts on this thread, they sound very similar to posts on all the gambling threads and written as though they are company specific rather then it's actually the whole gambling sector.

[stupmy] 02/8/2019 09:35

141/143 area could be viewed as a backtest of the break from the longer term descending tl resistance at end June/start July. There's also possible horizontal support around 141/144, then 135 then the bottom around 130 (closing price or 127/128 for the extreme; daily charts). I don't know how serious the Pen State news is for WMH. Maybe they refused to sign up to onerous contracts? But the existing WMH footprint is expected to generate a lot of extra income over the coming years.

2hour chart is bearish (MA's). I'd be tempted to wait until price breaks the 2h descending tl resistance before adding/entering at least. I have no conviction about where this drop will stop other than I don't think we'll fall below the 128/130 area. If it doesn't fall below the previous low (128/130) before turning then it might indicate that a higher low will be put in in the weeks to come. That would be additional evidence for a bottom and therefore a trend change. I'm working on these ideas for the moment.

In the meantime I'm focussing most of my attention at shorting the US500. I currently have 3 shorts with protected profits (stops) on that and will continue adding as long as it continues giving me sell signals.

[rathean] 02/8/2019 09:14

What do you reckon Stupmy? I've set a buy trigger at 143.5... I reckon it'll see a few pence lower than that unless market sentiment changes at some point today. I'd be surprised to see it in the 130s though all imo dyor ofc.

[stupmy] 01/8/2019 12:10

Thanks Noujay, I didn't find that when I searched.

[noujay] 01/8/2019 11:41

https://www.legalsportsreport.com/34870/penn-national-gaming-sports-betting-deals/

[stupmy] 01/8/2019 10:43

I've tripled my position at just over 147. So far that seems to be ok and price is bouncing off the 147 support area. I'm still hoping for an iH&S pattern to lead to an upside breakout.

[stupmy] 01/8/2019 10:11

I haven't see that news, could you elaborate please?

[noujay] 01/8/2019 09:57

May be but last night news out of US re Penn National doesn't look too great for Hills

[stupmy] 01/8/2019 09:44

There is possible support at 146.85. I'm watching closely. Good fall here. I'm hoping it's an opportunity.

[stupmy] 30/7/2019 14:56

Weakness on the US markets perhaps means that buyers are a bit wary. I guess that gives the edge to the sellers. For the moment the relatively low volume isn't suggestive of anything other than risk off. Worth considering though that volume has been increasing over the last 4 trading days, today being the 4th. Today isn't over and volume is already above yesterdays.

[leedslad001] 30/7/2019 14:24

Falling on very low volume

[stupmy] 30/7/2019 11:51

I have 153 area as the current rising tl support. That coincides with a potential horizontal support (although not a strong one). If that fails then 147 might come into play. Interestingly on the daily chart from May 7th we might have an iH&S pattern forming. If that were to activate it would give a logical target of around 200. There is a gap to fill on the daily chart that would close at 204 (which makes that the likely target of a break to the upside). In short a close above 166 brings 204 into play, but I'm a long way ahead of my skis with that line of thought.

[rathean] 30/7/2019 10:49

I'm looking at circa 151 to top back up. May miss out but the market has had a good run on the back of Stirling weakness.

[stupmy] 26/7/2019 11:17

I've bought a few at 160.5. Starting to look as if it might not fall further. I've been tentative for now as I'm not yet fully convinced the fall back is finished, but I have got a short term buy signal.

[stupmy] 25/7/2019 14:18

SP is 157.95. Interesting now, as I had a probable target of a minimum of 157, however just to reach the tl support it (rising so changes daily) it could hit 151/152. I have a speculative buy around those levels, but will try to be in front of my screen to judge it more closely. I'd also start buying if I got a signals around 157

[stupmy] 18/7/2019 11:07

Possible top on US500. Wider market may correct. That might bring WMH back to 157, then 150 (that level has come into play since my earlier post saying I couldn't see it). Others to watch are Barc to 150, Vod to 120, TLW to 184 (possibly as low as 180). I think we're in for an interesting trading period.

[wynmck] 18/7/2019 09:19

results date friday 9 aug

[bantam175] 17/7/2019 09:17

Anyone interested Amigo going ex-div tomorrow on a 7.45p div. Currently around 180 per share.

[stupmy] 11/7/2019 09:47

As stated in a previous post I think the price will come back to 157/157.5 at least. I'm watching closely for what happens at around these levels. I can see a reason that price might come back to 153 area or even 146, but can't see anything at 150.

For my money, this becomes of interest at or around 157.5

[rathean] 11/7/2019 09:39

Looking to buy back in circa 150 having sold most yesterday. Could have got out at 167 but just a resistance level too far. Still a capital gain, also watching 888 fwiw all imo dyor ofc.