William Hill Share Discussion Threads

[stupmy] 05/11/2019 13:33

It's human nature I'm afraid. Can't change it, but legal frameworks are supposed to protect us from it to a certain extent. I suspect here that there is a significant risk that the snowflake culture we are living in will lend support these changes.

[galatea99] 05/11/2019 13:04

From today's Small Cap Value Report on Stockopedia:

"Gambling Stocks
888 (in which I have a long position): down 15% in two days
Flutter Entertainment (LON:FLTR) (owner of Paddy Power): down 4% in two days
GVC Holdings (LON:GVC) (owner of Ladbrokes): down 10% in two days
William Hill (LON:WMH): down 17% in two days
Rank (LON:RNK): down 10% in two days
Gambling Related Hard APPG: Latest News

All-Party Parliamentary Groups are "informal groups of Members of both Houses with a common interest in particular issues".

They can't pass legislation, but they can make proposals, and their proposals tend to have a good chance of success (since they have cross-party support).

The work carried out on behalf of this particular group has been funded by (and I appreciate the transparency, with these names given on page 1 of the report):

Derek Webb, who has made a fortune inventing games for land-based casinos
Bacta, the trade body for operators of land-based games machines
Hippodrome Casino
Gauselmann Group, which owns the High Street gaming chain Cashino

I can't think of any reasons why these groups would want curbs on online gambling, can you? Similarly, it was a coincidence that Sheldon Adelson was Donald Trump's largest donor!"

How interesting! That the "work" of this "All-Party Parliamentary Group" is actually funded by people whose interest is in land-based casinos and land-based gambling. How very surprising that the "All-Party Parliamentary Group" should have come to the conclusion that the right thing to do was to hobble the online gambling business.

Still, maybe I'm being too cynical here, maybe I should believe in the "work" done by the "honourable" ladies and gentlemen of Westminster.

But then again, I'm not that stupid.

[stupmy] 05/11/2019 09:39

At the moment pardon the pun, the chart looks rank (weekly/daily), but 165 represents a support from Apr and July that also looks like the neck of the iH&S pattern that gave the target around 200 that I previously talked about. That might now hold as support, although that was a lot selling pressure so it's perhaps a big ask to be looking for an immediate rise from that level. If price was to close below 165, then there is a rising tl support (only 2 touches on June 3rd/Aug 5th that might act as support on the weekly chart at 150 (today, but that obviously rises each day). Also worth considering that the results of a study suggesting capping online stakes/increasing regulation, may not quickly turn into increased regulation itself. WMH is doing well for the moment in the US and until there's more clarity on whether increased regulation will happen at all, it might be worth considering this drop in share price to be a buying opportunity for the short to medium term. I'm watching to see whether there is evidence that share price is turning, but remain out for the moment.

[loganair] 05/11/2019 09:00

Most Politicians are only interested in making sure they get re-elected and how high they can climb the greasy pole and for some will do anything to get the 'keys to number 10'.

[archibald5] 05/11/2019 08:53

Well they better put a limit on the lottery then and all the games they offer online and stop people buying more than 1 scratch card at a time !! But no we won’t mention that, because somebody’s problem is a charitable gain. WMH already shutting 700 shops and still they want more, not happening, all utter bxxxshxx

[chrisan101] 05/11/2019 07:34

Painful day! Here is to hoping yesterday's news is today's fish paper.

[rbonnier] 04/11/2019 14:36

Back to 140P Run For the Hills !!

[leedslad001] 04/11/2019 14:24

Sold out good luck all

[rathean] 04/11/2019 13:56

Yep and if this things gets politicised it'll become a race to tighter controls. £2 limit, no credit card or overdraft betting will decimate revenues imo dyor ofc.

[stupmy] 04/11/2019 13:23

Wow, you just can't tell what's going to be around the corner, but that is a logical progression for stake limits. I hadn't thought of it before, but now it looks to have been almost inevitable that it would be considered. Billy Hill dropping again this alvo, presumably as the US comes on line. Might see 165 afterall!

[leedslad001] 04/11/2019 12:49

This should speed up takeovers in the sector now.

[leedslad001] 04/11/2019 12:22

Should move all operations abroad and stick 2 fingers up to the government pathetic this country treat everybody like babies. majority of people can gamble within their means yet we have to look after the few that can't. WHY

[galatea99] 04/11/2019 11:33

Some coverage on FT Aphaville Markets Live, from 12.09.

[leedslad001] 04/11/2019 11:17

Ive added another 5K @183

[the white house] 04/11/2019 11:13

Gone long June @ 192p...all be long forgotten by then

[leedslad001] 04/11/2019 10:14

Looks to me like the price is been manipulated down after auction nocking out stops and then the big boys will mop them up on the cheap, Seen this many times before. Happy to hold and add

[the white house] 03/11/2019 18:40

Conference sold out 1,000 Big Joe from WH USA keynote speaker. Morgan Stanley are cosponsors and in an effort to beat the rush bought 1.5 percent of Hills a couple of weeks ago

[the white house] 01/11/2019 11:01

Shore Capital Buy note pushing this & GVC

[the white house] 30/10/2019 20:14

Up 50p in 3 months is always going to attract some profit takers...on the plus side quarterly profit will be stellar given favourable run of sports results. GVC were up 3 weeks ago with Q3 but here the lack of news is not helping, last year they chose to present bizarrely a 16 week time period on 8 Nov which they put in diaries as the announcement date a fortnight before...nothing as yet this year

[stupmy] 30/10/2019 13:14

On TLW, I've stated my view there and nothing has changed for me. No idea about t/o etc. Still hoping for 180, but it might not happen soon.

[mswmark] 30/10/2019 12:59

Waiting for the takeover any ideas

[mswmark] 30/10/2019 12:57

Thanks for that been listening to you and a few other's on here trying to pick up tips just dipping my toe in trying to make a little towards retirement also on tullow think I've seen you on there