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Would like to see the note if anyone can post.
I may buy more if it hits 70 or lower I am expecting good numbers not great the ones with money will have gone out and had a good time and hopefully put rank back in the black
Small mercies NIck.
Been adding to my position here the last week 73 74 75 so hopefully back to £1 rather than back to 50p. No doubt the market will mug me along the way.
Seems undervalued to me at these levels the risk / reward seems good in advance of the results.
In these 'nervous' times of an economy in tatters and a country with record debt and record tax levels with no prospect of a decent government but just a choice between incompetent fools at best, and a poorer future ahead for the ordinary working person, it's good to know results will be on target. Had it said there was a delay due to accounting issues, then I would have gulped!
Super there was no need to issue any update.
Today 10:22
RNS Number : 8031Y
Rank Group PLC
05 January 2024
5 January 2024
The Rank Group Plc
LEI: 213800TXKD6XZWOFTE12
Notice of results
The Rank Group Plc will announce its interim results for the six months ended 31 December 2023 on Thursday 1 February 2024.
A presentation will be held at 9.30am in London on Thursday 1 February 2024, hosted by John O'Reilly, Chief Executive and Richard Harris, Chief Financial Officer. The presentation will also be available by webinar. Admittance will be by invitation only.
Shareholders and analysts wishing to attend the presentation in person or via the webinar should contact Gagan Aulakh by email at gagan.aulakh@rank.com.
Can you explain exactly what you mean
Expecting top end growth and a rerate
Let’s hope for some good news in February
Few seem to follow this sparkler.
I am.
Don't be fooled by LSE, the day's largest trade was a buy not a sell.
I don’t know who’s buying this stock but holding the price up well
Just keep adding as the dividend will return at some point.
Rank is my only sentimental share, I think it would have to be a good offer (HOTC style when Mars took them over recently)to tempt the Malaysian majority owners to let it go, that being said any talk of a takeover is pure speculation, but would completely accept why someone might be interested as I believe it is well managed, and well placed in its market. I think the online gaming market is going well for them, their advertising on ITV 4, and Dave has been excellent, and probably reasonably cheap for them to purchase that advertising. COVID was obviously disastrous for them(and others)and they sold a Casino in Belgium, had a big VAT repayment from HMRC, and also did a massively oversubscribed Placing of shares I think 3 years ago at around £1.20, they are one of two or three big players in the Casino game in the UK and Spain, a lot to like here.
Looks like the business is trading strongly across all divisions:
https://igamingbusiness.com/strategy/rank-group-aims-to-reach-7m-weekly-revenue-for-grosvenor/
That is a huge premium!
160p
What would be the takeover price? Above 90p>
Bid due any day imho
What is going on with the thousands of small trades today? Thousands of transactions of single figure packets of shares. What is the point?
Seems to be a fair bit of volume today. Looks like some biggish sales to me? We're in a terrible bear market which does reflect real economic difficulties in the real economy, such as extraordinary food and energy price rises and interest rates have only risen to 5.25%, not anywhere near real price increases.
It's difficult to know if many shares are cheap or if it's only a matter of time before many of them go to zero ( especially AIM and smaller company stocks).
Good for you should be £1+ shortly, the wide spread is a pain but when it moves it shoots to the moon
Dont worry i just added 55000 shares waiting for them to be excuted
Quiet here, adding again. Seems to be only me. Shuuuuush.