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It seems the speculation about a takeover bid is driving up the share price. A 7 per cent in one day is unprecedented.
A 12 per cent jump in the sp in 2 days is enough for me to sell. Don't want to get greedy.
Hopefully new CEO announced fairly quickly to keep things stable. Who knows maybe another bid, £9 still feels cheap!
Sidi
I think you mean PE instead of eps
Market Screener has GSK on a forecast PE of 10
And the forecast PE for AZN is far less than 58
Anyway I still say Entain is very overvalued when compared to 888
Entain forecast PE is about 15 and 888 forecast PE is about 3
How do you like that?
Lol Lol Lol
Thanks! Hopefully upwards momentum now CEO gone as well!
*you 🙂
Not bad timing that ..Nice little bounce for yiub
Thought the CEO was untainted by the Turkish behaviour of the previous management so why is she going now ? Would appreciate being enlightened
That's a very simplistic reliance on the P/E ratio - why not just build a portfolio by buying the 15 most lowly rated companies
Well, well. Our less than impressive CEO has "stood down". Here's to a better future.
Hopefully £8 the bottom, decided to take the plunge today!! Some concerns on regulation still but looks massive potential in future especially now fine resolved and recent director buys!
Asartara, well, GSK's EPS is only 3.9 and AZN's EPS is 58! Guess which one has more buyers?
Yes, more investors buys AZN. What do you say about that then? Lol
Why would anyone buy Entain on a forecast PE of 15 when they can buy 888 William Hill on a forecast PE of 3 ?
Sold @797.2 for a quick small profit. Now, will wait for the next dip. Have a very good afternoon everyone.
Rob Wood - CFO:
Share sales since November 2021 have realised £2,255,109 - buys total £24,000. CFO's can usually add up.
AceOfClubs
It's on the turn now, but to create a spike, we need more buying.😁😁
Just bought a few back @775.49. Now I am waiting for a spike up or a dead cat bounce. Let's hope that there will be one, lol.
I've bought and sold for a small profit in recent months. I sense another opportunity to do the same again. My main concern is of course the gradual drifting down of the sp following t/o speculation reducing. And the debt needs reducing. A big 'however' is that several diectors bought in November at over £9. That in itself is interesting and could bode well for a bit further down the line. And of course there's always the chance of another approach. At half it's 12 month high., I'm monitoring carefully
....but, it does seem that the market was not impressed at all. So, the SP is still falling.
Not for a long term hold, but is gambling for a spike and get out quickly with a small profit. Hahaha
Why did you buy a falling share ?
The shorters have increased their shorts. That's what is dragging the SP down. I guess the situation won't change much until they reduce or close their positions.
I see the SP is heading down again after a slight up tick yesterday. I am still sitting on my hand at the moment. Because the spike is getting smaller and smaller. It may may not worth the risk. Will wait and see how things go first. GLA and have a nice day.
To add to my original comment, Entain really need to do so much better with their betting companies. When you look on Twitter at betting tipsters and anyone showing their betting slips, you literally never see anyone betting with Ladbrokes or Corals. I don’t bet with either and it was Ladbrokes own fault, I once bet on a football match, only £10 and the odds were set wrongly, I got 9/4 on the home team to win whereas everywhere else it was 5/4. The bet went live and had not been cancelled. The home team won and I went online to collect my winnings and only after the match finished they voided the bet and said the odds were wrong. I bet you any money had the home team lost they would not have refunded the money. So I closed my account. Losing a customer for the sake of £10. What if people placed the same bet and Layed the home win on the exchanges, they’d lose loads.
Ladbrokes always has had a feel of being very laddish and targeting the poorer types of people. Coral is pretty much the same. If I was in charge of Entain I’d really focus on improving these betting companies, their image and aim to target more wealthier punters.