The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWMH.L Share News (WMH)

  • There is currently no data for WMH

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday share tips: William Hill, International Biotechnology Trust

Sun, 27th Sep 2020 22:39

(Sharecast News) - Selling shares of William Hill was Jill Treanor's tip for investors in the Sunday Times's 'Inside the City' column.
Rival takeover bids from Apollo Capital Management and Ceasars Entertainment had sent the bookie's stock higher by almost half during the previous trading session.

William Hill's US operations, where it already takes one in every four legal sports bets, hold the potential for fast growth and are likely behind the takeover interest.

And it wasn't the first time that the company had been approached by suitors, rather the fifth such instance.

But Treanor cited research from ShoreCap according to which the company's US operations are probably worth 300.0p a share with the rump of the business worth another 100.0p.

Even so, said the tipster, "for those who backed the £224m fundraising in June at 128p, it might be a nervous wait - and a good opportunity to leave the racecourse with a profit.

"Sell."



For its part, the Mail on Sunday's Midas column touted the attractions of International Biotechnology Trust (IBT), arguing that it gives investors exposure to "some of the most exciting£ businesses in the field" and telling readers to 'buy'.

The tipster also highlighted what it said were the trust's "impressive track record" and the fact that it paid out dividends - unlike most individual biotech companies.

"Over time, the company should deliver both capital and dividend growth. The group's managers have more than 75 years' combined experience and include Kate Bingham, chair of the UK Vaccine Taskforce," Midas said.

"Their ability to pick successful companies is based on rigorous stock selection and a deep network of industry contacts."

Over 10% of the trust's portfolio consisted of unlisted companies but for the most part it was invested in listed one, be they large market-cap outfits or ones which still had to turn a profit.

A majority of the investments were also based in the US with a focus on a range of ailments, including cancer, Parkinson's or inflammatory conditions such as rheumatoid arthritis, with a third oriented towards so-called rare diseases.

"Investors in the business should be rewarded with income, capital gains and the knowledge that they are funding companies whose work can make a tangible difference to people's lives. Buy."



More News
28 Mar 2023 07:38

William Hill fined record £19.2m by UK regulator for social failings

(Sharecast News) - UK gambling company William Hill has slapped with a record £19.2m fine by the UK gambling regulator for customer protection and anti-money laundering failures.

Read more
9 Sep 2021 07:04

888 Holdings wins race for William Hill non-US business

(Sharecast News) - Gambling company 888 Holdings on Thursday said it had won the race to buy the non-US international business of William Hill from Caesars Entertainment for £2.2bn.

Read more
9 Sep 2021 07:04

888 Holdings wins race for William Hill non-US business

(Sharecast News) - Gambling company 888 Holdings on Thursday said it had won the race to buy the non-US international business of William Hill from Caesars Entertainment for £2.2bn.

Read more
20 Apr 2021 11:26

UPDATE 2-William Hill gets court approval for $4 bln takeover by Caesars

* Court approved scheme likely to be effective Thursday* WMH shareholder HBK had sought clarity on Caesars JV* Trans-Atlantic gambling takeover deals on the rise (Adds shares, analyst comment, background)By Pushkala Aripaka and Yadarisa ShabongApril...

Read more
12 Apr 2021 17:30

UPDATE 2-Grand National sets record for UK online sports betting

* Entain estimates more than 100 mln stg bet on the race overall* But takings lower than previous years due to shop closures (Adds comments from 888)By Muvija MApril 12 (Reuters) - The Grand National was Britain's biggest ever online sports betting e...

Read more
12 Apr 2021 17:30

UPDATE 1-Grand National sets record for UK online sports betting

(adds details in para four)By Muvija MApril 12 (Reuters) - The Grand National was Britain's biggest ever online sports betting event as shop closures meant punters had to go online or use mobile apps to bet on one of the annual highlights of the hors...

Read more
12 Apr 2021 17:30

UPDATE 3-Grand National sets record for UK online sports betting

* Entain estimates more than 100 mln stg bet on the race overall* But takings lower than previous years due to shop closures (Adds Flutter spokeswoman)By Muvija MApril 12 (Reuters) - The Grand National was Britain's biggest ever online sports betting...

Read more
12 Apr 2021 17:12

Grand National sets record for UK online sports betting

By Muvija MApril 12 (Reuters) - The Grand National was Britain's biggest ever online sports betting event as shop closures meant punters had to go online or use mobile apps to bet on one of the annual highlights of the horseracing calendar.Entain, th...

Read more
18 Mar 2021 10:47

William Hill scheme court hearing for Caesars deal delayed by one day

William Hill scheme court hearing for Caesars deal delayed by one day

Read more
10 Mar 2021 10:45

William Hill expects approval for takeover by Caesars on March 23

William Hill expects approval for takeover by Caesars on March 23

Read more
4 Mar 2021 10:13

William Hill revenue falls; Caesars takeover could complete this month

William Hill revenue falls; Caesars takeover could complete this month

Read more
4 Mar 2021 07:32

UPDATE 2-Ladbrokes owner plays safe by skipping dividend even as profit jumps

* FY earnings up 11%, online jumps 50%* CFO sees annual online growth to decline year-on-year* Shares down 2% in morning trade* Entain to expand into 20 U.S. states by 2021-end (Adds CFO comments from call)By Muvija M and Chris PetersMarch 4 (Reuter...

Read more
4 Mar 2021 07:00

Profits tumble at William Hill as Covid weighs heavily

(Sharecast News) - William Hill reported a slump in profits on Thursday, after the Covid-19 pandemic shut its casinos and high street shops and disrupted the sporting calendar.

Read more
25 Feb 2021 16:19

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
17 Feb 2021 15:57

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.