William Hill Share Discussion Threads

[killing_time] 23/1/2014 10:57

Thanks again Shugsy, Just looked it up now i know what i'm looking for.

[killing_time] 23/1/2014 10:47

Thanks Shugsy,

So will the bookies pay 15% tax on profits on all online gambling?

[shugsy] 23/1/2014 10:42

15% tax announced in Aug last year.

[killing_time] 23/1/2014 10:36

Morning all, I'm starting to look at William Hill as a future investment and i have a query, would be grateful if someone could help.

Just reading through the trading update and i have come across this: "introduction of the Point of Consumption tax in December 2014"

I believe this is to do with online gambling, could someone with more knowledge please try to explain this to me, thanks KT.

[2ngh] 23/1/2014 09:29

I think in two years time the US revenue and OZ revenue will be higher than the UK.

Think where the share price will be then.....

Maybe slight downside against blue sky upside from here.....

Interesting....

[shugsy] 23/1/2014 09:19

I agree, looks like limited downside from here and possible huge upside with the us and oz coming on tap from now. The markets have discounted machine revenue and profit to zero now so if they get a favourable outcome then back to 500 in a jiffy and beyond with positive International and European performance. Lad could go to the wall if it's a negative outcome with circa 50pc reliant on machine income so can't see that happening but if it should then William hill collect the market share. Either way WH gain something.

Will wait till feb results before taking a stake as there is a strong short seller here, just look at the price action.

[2ngh] 23/1/2014 08:59

Shugsy

I think thats the play here - If the US and Oz markets take off then this could quite easily become a 5bn-7bn company. Huge markets the US and OZ and as these are in the early stages of development for WMH there is massive potential. RT said he wanted WMH to be a 5bn company by the end of 2015.

3.5% divi for 2yrs plus 100% capital increase from these levels?

Thats the game......

[2ngh] 23/1/2014 08:30

Any rise is hit hard by the shorting crew.

They still smell blood.

[shugsy] 22/1/2014 21:00

Be interested to see the US, OZ and Spanish performance in the Feb announcement.

Going to need good growth numbers out of those to see the share price recover and take off.

See where we are at the end of feb to see if it's worth taking a position or not, might be a good yield at that point.

Machines account for 27pc of group revenue hence the 30pc fall in share price.

[fantasy believer2] 22/1/2014 20:42

Major gamble landed by Barney Curely today. Likely several million losses to the book making industry. Interesting to see if any announcement tomorrow.

[robertsajr] 22/1/2014 20:28

I recall reading that Barclays estimated 26pc of William Hill PBIT came from Fixed Odd machines and that Ladbrokes was now as high as 43 pc. All looks a bit overdone to me on William Hill, there is no proposal for legislation at present and an outright ban would be highly unlikely. It also seems difficult to see how there would be room in the Parliamentary agenda in the near-term for legislation on this.

[shugsy] 22/1/2014 19:28

20%-30% makes sense.

Would tie in with the collapse in share price.

[pyemckay] 22/1/2014 17:17

ftse 250 bound guys.
Can anyone tell me what is the total percentage of profits of the fobt's?

cheers

p

[2ngh] 22/1/2014 15:24

Shugsy -

minus circa 20% in two weeks, severe but the whole world will be shorting this sector until clarification of the govenment direction.

Painful for the holders, silver lining is you'll get a 3.5% divi at these levels if that helps.

[shugsy] 22/1/2014 11:03

Collapse central here.

Ouch.

[pyemckay] 21/1/2014 17:26

outside the ftse 100 as it stands at position 117. I wouldnt consider buying just yet.

[shugsy] 21/1/2014 13:53

Getting absolutely hammered.

Down -30% since Aug and looks like its going to go a lot lower.

[2ngh] 21/1/2014 10:42

Announced in Feb but would expect a lift from previous of 7.8p so circa 8p with xd in early March.

[shugsy] 21/1/2014 10:32

NGH - When is the dividend and how much?

[2ngh] 21/1/2014 10:00

Shorts killing it here, now lost weekly and monthly 100sma.

Thought they would support and bounce from here, but sadly no.

[2ngh] 21/1/2014 08:32

Looks like the shorters are here in full force still.

Closed at B/E.

Will wait on the sidelines and see where we are just before the divi payout.

[shugsy] 20/1/2014 09:54

20.01.2014 - Telegraph

William Hill, Britain's biggest bookmaker, has agreed a deal to take Turf TV's US racing coverage in its 2,400 betting shops.
The deal will give the bookie live coverage of US racing from some of its best-known tracks, including Gulfstream Park, Laurel Park, Santa Anita and Pimlico Racecourse in Maryland – home of the Preakness Stakes, the second leg of America's triple crown for champion three-year-olds.
Turf TV, a joint venture between 34 leading UK racecourses and billionaire investor Joe Lewis, struck a profit-sharing deal last year with US racecourse owner Stronach Group to show racing from its tracks.
Adrian Ford, managing director of Turf TV's parent company, Amalgamated Racing, said: "Turf TV will become William Hill's exclusive supplier of US racing from February 2014."
He said the deal would give Hills' betting shop customers "competitive racing packaged specifically for a UK market throughout the evening, every night of the week".

[philanderer] 20/1/2014 08:28

William Hill: a 'Tardis Investment'

Don't be fooled by the headline figures from William Hill's fourth quarter trading statement, says Numis analyst Ivor Jones – it's a 'Tardis Investment' that's bigger on the inside.

Investors didn't take well to the bookmakers' forecast of full year profits of £334 million for 2013 on Friday, pushing the shares to the bottom of the FTSE 100. But, says Jones: 'The future of the business is the online sportsbook and this grew player numbers and wagers materially in FY13'.

'The retail business suffered abnormal cost inflation (duty and content) which should now abate and, with new machines, Retail should, results permitting, be able to return to growth.'

Acknowledging the company's 'dire' performance so far this year, Jones concluded: 'We believe William Hill's share price will make up lost ground in 2014 (boosted by sentiment around the World Cup) and we reiterate our Buy rating and 550p price target.'

Citywire