William Hill Share Discussion Threads

[philanderer] 23/4/2013 08:51

Morning everyone......read across from 888 ?

[philanderer] 22/4/2013 20:11

'William Hill Offers Poker And Much More'

Enjoy William Hill's Custom Interface For Poker Players.....

[philanderer] 22/4/2013 16:13

Shame.... general market going down with the USA

[philanderer] 22/4/2013 09:35

Good volume again as well.... 1.5m + shares traded already today.

[robbo35] 22/4/2013 09:08

looking good again

[philanderer] 22/4/2013 08:44

22nd april JP Morgan Caz overweight tp 490p - from 485p
22nd april Jefferies buy tp 500p
22nd april Nomura reduce tp 339p - from 330p

[caramelsoul] 21/4/2013 18:02

Wrong Thread Pietro!!!

[philanderer] 20/4/2013 23:25

"On-course bookies fear a wi-fi revolution that could boost online gambling at race meetings"


...One industry source said: 'The likes of Ladbrokes or William Hill would pay a fortune to be the default site for people using the wi-fi at Cheltenham for example.

Read more:

[philanderer] 20/4/2013 08:55

FT:

...The industry is preparing for the introduction of a point of consumption tax for online operators at the end of 2014, which may see consolidation of the industry as smaller players grapple with a levy expected to be set at 15 per cent of gross profits.

David Jennings, analyst with Davy, said: "With 100 per cent ownership of William Hill Online, we see good scope for management to invest at a faster rate to drive future growth."

[trentendboy] 19/4/2013 23:58

Not so good when you consider CEY is off a multiple of the 6% rise today in the last week with the gold flash crash

[philanderer] 19/4/2013 23:31

Hats off to you TEB .... I thought I`d done ok this week with FTSE100 -100pts and my portfolio more or less dead flat !


Just been looking and WMH actually not far off from FTSE100 consideration and all that entails with tracker funds :-O

[trentendboy] 19/4/2013 20:39

At least I own three of those top 10.

[birdsedgeuk] 19/4/2013 18:53

Got to hand it to www.traderdiary.co.ukDone well this wk.Up on WMH, MONY, TLW.

[philanderer] 19/4/2013 16:57

+22p on the week and 12m+ shares traded today :-)


FTSE 250 - Risers

Kazakhmys (KAZ) 385.70p +24.38%
African Barrick Gold (ABG) 179.10p +7.96%
Bumi (BUMI) 259.30p +7.82%
Centamin (DI) (CEY) 38.65p +6.01%
Petropavlovsk (POG) 141.40p +5.52%
Hochschild Mining (HOC) 242.60p +5.48%
William Hill (WMH) 409.10p +4.74%
NMC Health (NMC) 340.00p +4.62%
Playtech Ltd. (PTEC) 599.00p +3.81%
Thomas Cook Group (TCG) 121.50p +3.76%

[philanderer] 19/4/2013 15:57

19th april Morgan Stanley overweight tp 420p

reiterates.

[philanderer] 19/4/2013 15:54

"William Hill gallops ahead as its system proves a winner"


....Alastair McCaig at IG Group said: "These impressive figures show there can be a sure thing at the bookies. With the release of these figures, it looks very much like William Hill has hit upon a winning formula."

[philanderer] 19/4/2013 13:44

Drifting down - US market futures pointing to a drop over there again :-S

[philanderer] 19/4/2013 12:33

Simon French at Panmure Gordon said:

[We] retain our buy recommendation and 475p price target, highlighting the potential to see the groups rating expand, as online profitability builds, whilst the group is well placed from a regulatory standpoint. Furthermore, we believe the group will generate over £100m of net cash per annum, after dividends and capital expenditure, allowing the potential for further acquisitions or enhanced dividend payments.

[philanderer] 19/4/2013 12:16

Davy Brokers research:

DAVY VIEW

This is a strong statement from William Hill. While performance has undoubtedly been helped by favourable sports results, it is the underlying strength of customer demand across the business that will be particularly pleasing. In online, sportsbook net revenues are up 47%. Staking levels are up 30% despite record high gross win margins (i.e. despite the bookie winning more from its customers). In retail, staking levels are down 4% but when you consider that there were more racing cancellations than last year (2%) and the fact that gross win margins here were also well above normal, that number starts to look more impressive.

Overall, we believe the group is continuing to execute its strategy very well. With 100% ownership of William Hill Online, we see good scope for management to invest at a faster rate to drive future growth. The stock continues to be our top pick in the sector on valuation grounds.

[philanderer] 19/4/2013 12:00

"William Hill profits boosted by online betting"

.....Richard Hunter, head of equities at Hargreaves Lansdown Stockbrokers, said: "William Hill's performance and prospects are in stark contrast to the difficulties currently being faced at Ladbrokes.

"There are, of course, headwinds, such as the fierceness of competition in the sector and the generally pressed consumer, but these are challenges which the whole industry is facing," he added.

[philanderer] 19/4/2013 11:59

Broker snap: Canaccord highlights upside risk at William Hill

LONDON (SHARECAST) - William Hill is still a 'hold', according to Canaccord Genuity but Friday's first-quarter trading update was "strong" and "reassuring", according to the broker.

Group revenues were up 15% in the first three months of the year, in line with expectations, though growth did moderate from the first seven weeks of the quarter given some impact from race cancellations and a weaker-than-expected Cheltenham.

Retail revenue growth was held back by slowing machines growth and a decline in amounts wagered, but gross win margins were particularly high at 20.7%, said analyst Simon Davies.

He said that William Hill Online continued to "power ahead" with net revenue up an "impressive" 21%.

"This was another strong performance from William Hill, albeit in line with our expectations and we leave FY13 profit forecasts unchanged. Management is keen to avoid over-exuberance, given headwinds in the form of Machines tax and Online market withdrawals, but given a strong Grand National and a good run of results, the risk to numbers appears to remain on the upside."

The broker's full-year profit before tax estimate of £295.1m has been left alone, but the earnings per share forecast has been lifted from 28.7p to 29.7p due to lower tax rate guidance.

Canaccord has left its 'hold' rating for the stock given that the shares are trading at 13.1 times 2013 earnings, the top end of its historic trading range.

A 400p target price was unchanged.

[trentendboy] 19/4/2013 09:51

The PTEC and Sportingbet deals are transformational - to get one of the biggest brands in AUS signed up in a gambling mad country sets Hills up for large AUS profits to fund expansion elsewhere and take on Lads and others at home.

Hills is looking like one of the global winners of which there will not be many

[philanderer] 19/4/2013 09:29

Agreed George.

Hopefully some revised broker targets later today or early next week.

[georgeg2] 19/4/2013 09:15

Morning! I was twitchy this morning at 410 due to the markets being in a very sidewards movement lately. Be nice to hold above 400 by the end of play.