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888 still cheap
Bill Hill
Has happened for this rise
With the bid and ask almost the same the algo is going to be inaccurate.
GVC has pretty big ups and downs but seems on an uptrend.
Hoping for £9+ soon and no new anti-gambling laws that govts love to impose.
MrB, these so-called buys and sells are just rubbish. It's a computer Algo that looks at every trade; If the price is closer to the bid than the ask, it calls it a "Sell". If the trade price is closer to the ask, then it labels it a "Buy".
It's nonsense. I did two trades this am. The first was a sell. Halifax got me a great quote, very close to the ask. The algorithm labelled it a Buy. The second was a purchase, and again a good sharp quote, closer to the bid and the Algo called it a Sell. Both entirely wrong.
That's the reason you'll see prices rise when the daily total so-called sells outnumber the buys. Last week there was a day when the sales in William Hill were double the number of buys and the SP rose by several percent.
Go figure. It's very misleading info' and I don't know why these websites insist on labelling the trades as Buys or Sells.
Due early next month & it will be interesting to see how our 3rd quarter has gone & I & our SP is suggesting that it is currently going well.It will also be interesting to see if our continued investment in the US isbeginning to yield results & increase our market share
Is GVC the prey now and not the predator
My own opinion is yes
So double the number of buys over sells & our SP falls while over @ wmh the opposite occurred & their SP increased strongly -go figure !
Here's an relaxed podcast with GVC's Director of Regulatory Affairs, Martin Lycka covering a wide range of topics like the regulatory outlook in certain key markets, GVC's view on player protection as a road to a more sustainable future, will the US election determine the future of their gambling market? And much more.
https://open.spotify.com/episode/7EH1Fwb3zNNoqs3rg9BzaY?si=BkjVCoj6StervcqI_XL0cg
And now JP Morgan buy recco
That’s enough for me to load up GLA
tremendous spread. Should pick up now
sp will get smashed then recover
No divi and real reason is they want to invest in grwoth - not sure how the market will react today.
to clarify from todays paper / "Led blue chip risers after American billionaire Barry Diller bought a $1bn stake in MGM GVC US joint venture partner. Looks very good news to me
good broker ratings including a reiteration from barclays for 1050
its complicated because of all the takeovers. i still have hopes; trust they are not misplaced
Great news!
However is it a concern that GVC seem to be making a loss each year? I'm struggling to establish what I would consider to be the inherent value the company (off the trailing figures even)
Hopefully this will help..
https://www.pgatour.com/company/2020/08/03/betmgm-pga-tour-official-betting-operator.html
The RNS gave me a bit more confidence so bought in at 679 and they say the company is performing well Results out 13 Aug so buying now as it may rise going into them
RNS is out rubbishing media speculation.
Ah here we go. Sub 700p we go. Watching curiously on the sidelines here
so I believe the fall is justified to be honest
If this drops sub 700p I will be very tempted because otherwise GVC are a really solid business
The UK Bribery Act 2010 incorporates Section 7 entitled "Failure To Prevent Bribery." This section has been established with the purpose to set out company liability for corrupt activity committed by their employees or associated persons, which demonstrates the intention to create an advantage in the conduct of business for their organisation. If an organisation can prove that they have implemented adequate procedures to protect against bribery and corruption, then they will be protected, if they cannot demonstrate this, then they will be at risk of an unlimited fine. Therefore, sound understanding of Section 7 of the Bribery Act 2010 is essential.
I just hope for all of our sake they have been following the strict guidelines, or they are open to a unlimited fine from HMRC!
maybe some morelight. Taking some small punts across spreadex as they offer g/teed stops, so happy wth 1pps and will build up to 10
I thing you could be right will buy in at 7.25 - 7.30