Roundtable Discussion; The Future of Mineral Sands. Watch the video 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
2 Feb 2021 09:14

UK Gambling Commission In Online Slot Machine Crackdown

UK Gambling Commission In Online Slot Machine Crackdown

Read more
2 Feb 2021 08:37

UK gambling firms told to slow down slot machines in new crackdown

(Sharecast News) - UK gambling firms have been told to slow down spin speeds on online games as part of a package of strict safety measures by the Gambling Commission.

Read more
19 Jan 2021 14:00

UPDATE 3-MGM Resorts drops takeover plan for Ladbrokes-owner Entain

* MGM does not intend to submit revised proposal* Entain had earlier rejected $11 billion approach* Look forward to working with MGM on JV -Entain* Entain shares down nearly 12% (Adds details on MGM's decision to end deal talks, adds share prices, ...

Read more
19 Jan 2021 14:00

UPDATE 2-MGM Resorts drops takeover plan for Ladbrokes-owner Entain

* MGM does not intend to submit revised proposal* Entain had earlier rejected $11 billion approach* Look forward to working with MGM on JV - Entain* Entain shares down around 15% (Adds analyst comments, details on deal, background)By Tanishaa Nadkar...

Read more
13 Jan 2021 09:02

William Hill In "Year Like No Other" As Eyes Turn To Caesars Future

William Hill In "Year Like No Other" As Eyes Turn To Caesars Future

Read more
13 Jan 2021 07:01

William Hill annual revenue down 16% on Covid lockdowns

(Sharecast News) - Gambling firm William Hill said net annual revenue fell 16% to £1.32bn, reflecting the impact of betting shop closures during the Covid-19 pandemic.

Read more
11 Jan 2021 16:04

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
7 Jan 2021 07:41

UPDATE 2-After snubbing MGM advance, Ladbrokes owner seeks to buy Swedish rival

* Entain offers to buy Enlabs in deal valued at 2.8 bln SEK* Enlabs board backs deal expected to close in first quarter* Deal days after Entain rejects $11 bln MGM takeover approach (Adds deal details, shares, context, background)By Yadarisa Shabon...

Read more
4 Jan 2021 09:24

UPDATE 2-European shares kick off 2021 with rally on Brexit and vaccine optimism

* UK banks slip after Britain exits EU's orbit* TUI jumps as CEO expects 'largely normal' summer* Remy Cointreau slips after Kepler downgrade (Updates prices throughout, adds comment)By Amal S and Shreyashi SanyalJan 4 (Reuters) - European shares ra...

Read more
4 Jan 2021 08:47

TOP NEWS: Entain Confirms Potential Takeover Offer From US Partner

TOP NEWS: Entain Confirms Potential Takeover Offer From US Partner

Read more
4 Jan 2021 08:37

LONDON MARKET OPEN: Entain Jumps 27% After MGM Takeover Tilt

LONDON MARKET OPEN: Entain Jumps 27% After MGM Takeover Tilt

Read more
4 Jan 2021 07:45

LONDON MARKET PRE-OPEN: Ladbrokes-Owner Entain Receives MGM Bid

LONDON MARKET PRE-OPEN: Ladbrokes-Owner Entain Receives MGM Bid

Read more
4 Jan 2021 07:43

UPDATE 4-Ladbrokes owner says MGM's $11 billion takeover bet undervalues company

* MGM deal values Entain at $11 billion* Proposal 'significantly undervalues' firm - Entain* Entain shares jump 28% to a record high (Adds context on gambling during pandemic, U.S. market, chart)By Tanishaa NadkarJan 4 (Reuters) - Ladbrokes owner En...

Read more
4 Jan 2021 07:43

UPDATE 3-Ladbrokes owner says MGM's $11 billion takeover bet undervalues company

* MGM deal values Entain at $11 billion* Proposal 'significantly undervalues' firm - Entain* Entain shares jump 28% to a record high (Adds analyst comments, details, background)By Tanishaa NadkarJan 4 (Reuters) - Ladbrokes owner Entain said on Mond...

Read more
4 Jan 2021 07:43

UPDATE 2-Ladbrokes owner says MGM's $11 billion takeover bet undervalues company

* MGM deal values Entain at $11 billion* Proposal 'significantly undervalues' firm - Entain* Entain shares jump 28% to a record high (Adds details on proposal, background)By Tanishaa NadkarJan 4 (Reuters) - Ladbrokes owner Entain said on Monday tha...

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.