Shotry
24 Jan 2019
Bought back in Well we’re very close to the 142 I suggested for VOD. On the daily I have it at just over 142 at the moment (rising tl). That level looks to be the next obvious decision point. Obviously I’m happy to have closed out at around 170. I closed 30% of my WMH at a profit yesterday at around 176, hoping it will drop back. If it breaks it’s 177 level I’m also happy as all of my positions are currently in profit. Gold which I’m also actively trading also looking interesting with a rising tl currently offering some support at 1264/65 area and a bullish trend on the daily chart. If we were to break above 1298 we could well be back off to 1366
Shotry
17 Jan 2019
Bought back in I’ve been adding back some of what I sold. This mornings gap up appears to have followed a MS upgrade
Shotry
15 Jan 2019
Bought back in Well WMH came down to 161 and bounced (inexplicably) to 168/169 and is now 165. So obviously I’m happy with my decisions there for the moment. Interestingly VOD which I sold at around 170 to buy WMH is now 147. I can’t help thinking we’ll see 142 on this and am watching carefully.
Shotry
10 Jan 2019
Bought back in I’ve dropped 60% of my WMH at marginally under 170 (a loss of about 2p on my real shares). I’ve sold just under 40% of my leveraged trades at a profit. I’m wondering if we’ll get a drop back to 162-165. In the current market I don’t want to assume too much upside and I want to have a sensible amount of cash available. I will be looking to buy more on a buy signal should it fall from here.
Shotry
08 Jan 2019
Bought back in Well timing could for sure have been better, but Voda now sits at 155 and WMH 170. I’m very slightly in profit having added to my positions. Another slow trade that has tied up capital, but at least not resulted in losses so far. I still see 177 as a likely decision point.
Gamesinvestor1
07 Jan 2019
Mr Green Looks unconditional from here :- “â€"LONDON (Alliance News) - William Hill PLC said Monday its proposed takeover of Swedish bookmaker Mr Green & Co AB has received approval from competition authorities in all necessary jurisdictions. FTSE 250-listed William Hill said the offer is now no longer conditional on approval from regulatory authorities. The last day for Mr Green shareholders to accept the offer is January 17. Shares in William Hill were up 1.0% Monday at 165.00 pence each. William Hill agreed the GBP242 million takeover at the end of October. The offer, worth SEK2.82 billion, was at a 49% premium to Mr Green’s closing price on Nasdaq Stockholm the day before the offer. Mr Green’s board recommended shareholders accept the offer, and shareholders representing 40% of its share capital have already said they will do so."" Games
Gamesinvestor1
28 Nov 2018
Bought back in Shotry, I guess you may as well stay in both of them, as I would imagine they will both be well abo ve 200p in any normal market. Games - just a guess of course and I have both on a modest scale.
Shotry
28 Nov 2018
Bought back in I dropped Voda yesterday around 166 as I saw potential for a fall back. Minimal loss on that after taking divi into account, but it was a bad trade from which I was lucky to get out in such great shape. I also felt lucky to have been watching other opportunities develop. I’ve taken one of those today and that is WMH. I’ve bought a sizeable amount. It moves beautifully suggesting lots of interest. Longer term it seems to be doing very well in the US. I’m hoping for 177 quite quickly at which point I will re-assess what the chart is suggesting. If it breaks above 177, then 213/214 closes a gap and 225 ish is a next resistance. My reason for entry is that it’s showing signs of buying after hitting a weekly support area around 167/168. A close below 166, would bring 163 into play and close below that on the weekly chart would negate this trade
Gamesinvestor1
10 Sep 2018
Bought back in 252 - seemed like a good entry price, given the CFO bought £100K at 257. We are obvuiously hopeful that the upside potential with the Eldorado deal is far bigger than the downside in the UK due to FOBT – especially as the £800M right down effectively wipes out the equity in WMH. 300p anyone? Games
schwee
21 May 2018
Re: FOBT Quite a bit in the press over the past few days about the downsides of reducing the stake to £2 basically along the lines of the middle class surpressing the poor. Alcohol and drugs are far more pernicious, but any crackdown there would impact on the middle classes as well as the poor. So any preventative action is off the political agenda.And of course the unintended consequences on the high streets and the people who work there (and not just in the bookies) have been swept under the carpet by our political masters.Because of the time delay in introducing legislation, this looks one for the long grass or a voluntary agreement to reduce the stake gradually over a period of say 10 years.
Punilux
21 May 2018
FOBT 2019 results unlikely to be effected as date for change will be decided by Parliament (which is quite busy at the moment) or following a possible legal challenge. WMH are the biggest (legal) sports bookie in the US so your comments regarding Paddy Power are complete fiction. PP/B decided to stay in Australia rather than prepare for any change in legislation in America. WMH joint project with Monmore race track looks to be first off the blocks, which is why people are speculating about bid. PP/B have just had some pretty awful results and are still betting on no further legislation being forthcoming in Aus. The only good news for them was increased uptake on FOBTs.
numberbiter
20 May 2018
Re: FOBT So, Valeite, you are hoping for a bid. But where from? Paddy Power is in the strongest position because they already operate in the US market that has been liberalised by the Supreme Court judgement. Next best is GVC, owners of Coral and Ladbrokes. William Hill is the weak link because it has not been innovative and relies to heavily on the UK and FOBT's. There is no need to buy William Hill because they have nothing to offer. I went into a William Hill betting shop last Friday. The man behind the grill told me that the Board were meeting that day to discuss which betting shops to close when the £2 limit comes in. This change is not exactly imminent but employees are very worried they could be out of a job. It should be obvious therefore that many will be looking for a new job, so in the medium term William Hill could have staffing problems. Given the need to renegotiate leases for the shops planned for closure they will not have the same resources as the competition to invest in the technology to get into the US market. Besides, it is known that US gamblers are attached to brands they trust so the only entry for European companies will be to buy a US company and add value by improving the technology there. Can you guess which company has the necessary resources? It certainly not William Hill. Get out before it implodes! You are the weakest link, goodbye.
valeite
20 May 2018
Re: FOBT numberbiter tells the bearish side of WMH business model but omits the bullish case the Supreme Court ruling on liberalising sports betting which is a huge opportunity($300 black market) and according the financial press WMH is likely to be a bid target . the market sensed last week that the good news outweighed the bad .i'm betting with the bulls on this one
numberbiter
18 May 2018
Re: FOBT FOBT's account for over 50% of William Hill's profits, so they will be forced to close hundreds of their betting shops. Taking into account the cost of these closures, the 2019 profits will come crashing down. Get out before 'the Market' works it all out.
nk1999
17 May 2018
HL view "William Hill's biggest problem in recent years has been a spluttering online division. That's not the case anymore.Extra developers have given the app a facelift, and a revamped marketing campaign, plus products like #YourOdds, have breathed new life into the brand. Online staking is up strongly and a firm hand on costs means profits are hitting a gallop.The online changes are part of the wider goal to recruit more 'recreational' clients. These punters typically put money on at poor odds in return for a bit of a thrill. Unfortunately, Fixed Odds Betting Terminals, not usually the recreational punter's choice, still contribute around 29% of group revenues. The cap on the maximum stake for these machines is set to be slashed and that will see profits evaporate overnight. It's not yet clear when the cap will be introduced, but it's a case of when not if.When it comes to regulation, the US makes for an interesting bright spot. At present sports betting is legal in only a handful of states, but the Supreme Court has cleared the way for gambling across the country. William Hill has been gearing itself up to compete in the US, investing in those states were sports betting is permitted. Growth is accelerating, although from a very low base, and success on the other side of the pond would be a big prize. It's worth bearing in mind though that the last time William Hill rolled the dice on international expansion it lost. The Australian business has now been sold, but had been a source of repeated downgrades in recent years. Having cost the group something in the region of £500m, the group will be glad to see the back of it, even at a sale price of a little over £170m.For the time being, the shares trade on 12.5 times expected earnings, and offer a prospective yield of 4.3%. "
