Xlmedia Share Discussion Threads

[northwards] 03/4/2024 21:10

It will be via a divi is my understanding.

[km85] 03/4/2024 15:42

Well if they buy a big chunk of shares at good rate then investors will be super happy. If the market cap at 32m pound, and they manage to buy 20% of shares and they think the USA assets worth double than the market cap then buying back shares make sense.

[km85] 03/4/2024 14:27

It does not just mean special div. Returning cash to shareholders could mean dividends or buy back shares. It’s way better to buy back shares at this rate rather than paying us taxed dividends.

[farmergeorge] 03/4/2024 09:53

Ok thanks. I thought that perhaps more had been said elsewhere.

[oneillshaun] 03/4/2024 08:50

The statement was very clear "returning significant cash to shareholders"Sure this will be in the full year results which I think will come next week, I predict 2p per share.

[northwards] 03/4/2024 07:14

RNS is clear about 'returning cash to shareholders'.

[farmergeorge] 02/4/2024 20:35

Has it been confirmed that there will be a special divi?

[northwards] 02/4/2024 19:22

Wonder if we will get clarity on the special divi with final results, due early April.

[northwards] 28/3/2024 09:28

Confirmation next week that the deal has closed and triggered the initial $20m payment should move the share price Any detail on a special divi will also help.

[oneillshaun] 27/3/2024 19:49

It's an easy win short term for them

[northwards] 27/3/2024 16:14

What do we make of the new shareholder ?

[northwards] 27/3/2024 11:24

Would expect a RNS next week confirming transfer of 20m US & possible news on special divi.

[oneillshaun] 27/3/2024 10:35

Averaging down?

[malcolmmm] 26/3/2024 16:21

I am hanging on for the ride

[km85] 26/3/2024 14:09

It’s understandable Shaun. Some investors have booked their profits. Also now the tax year is about to end some might sell to cover some lost during the tax year.

[oneillshaun] 26/3/2024 13:16

Ii have to say I am little surprised this has stalled around 11.5/12p.I am assuming the markets really don't trust XL and the deal could get pulled

[johnwise] 26/3/2024 10:49

Paddy Power owner Flutter hails accelerating US growth as full NYSE move looms


addy Power owner Flutter Entertainment PLC (LSE:FLTR) reported strong revenue growth but wider losses for last year, with growth in the US accelerating as the bookmaker nears a move to a full New York listing.

Revenue for 2023 rose 25% year on year to $11.79 billion (£9.3 billion), although net losses widened to $1.21 billion from $370 million.

This net loss was primarily due to significant non-cash charges, including a $725 million impairment on the PokerStars trademark. On an EBITDA basis, earnings rose 45% to $1.9 billion.

The US business saw sales surge by 40.7%, with FanDuel maintaining the top position in the sportsbook and iGaming markets. FanDuel acquired over 3.7 million new sports betting and iGaming players in 2023, 19% more than the prior year.

[northwards] 25/3/2024 15:25

100k shares = a couple of grand.

[ali47fish] 25/3/2024 14:47

john can you specify the imact of thei dats on xlm perse please!

[johnwise] 25/3/2024 14:38

Flutter in the lead as US online gambling scores record in February, Entain's BetMGM third

FanDuel continued to lead the pack in what was a record-breaking month for US iGaming revenues, with significant growth in online sports betting across the industry.

The US iGaming market set a new record with gross gaming revenue (GGR) reaching $649 million, according to state data collected by brokerage Jefferies, marking a 31% increase year-over-year.

Online sports betting as a whole saw a 32% year-over-year increase in handle and a 33% rise in gross gaming revenue (GGR) across the 19 states that reported data.

Jefferies noted that these figures are particularly impressive given the Super Bowl outcomes generally favoured bettors over sportsbooks.

Looking at the first quarter of 2024, Jefferies reports that online sportsbetting and iGaming GGR are tracking up significantly, with FanDuel leading the pack in terms of market share, followed by DraftKings and BetMGM.

[oneillshaun] 24/3/2024 21:03

It won't be much 2-3p tops

[northwards] 23/3/2024 08:27

News on the special dividend could be the next share price trigger.

[km85] 22/3/2024 23:11

It is not moving today because investors, old and new, need to understand more about the potential here. A day before there were over 30m shares traded and some for sure made easy money in a day. When the update announced the price went up 35% then ended 106% so some dudes for sure took easy profit.