The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Unsure about takeover - maybe it will happen, maybe it will not. Nice if it happen though premature currently and equally nice if it doesn’t.
Unlike Flutter that has concentration in London and scattered around UK and some in Ireland, Entain is transforming their business; it needs an industry leader to steering the ship Interim CEO Ms Stella David is ok for time being.
Out of curiosity, I visited few Ladbrokes and Coral stores past couple months and it appeared with >70% conviction their software is being changed - which is very different to Paddy (Flutter), Betfred and some others; maybe they had already begun developing their own solutions - which in turn ultimately, freedom to customise, collect insights and maximise their profit. Stake in BetMGM is quick presence to the US market.
Perbak Capital Partners LLP is currently shorting Entain. Their director of research Ciaran Ryan maybe right looking for regulatory issue will drag Entain down further even after 615m £ settlement. They did very well in 2023 and I hope 🤞🏽 they’re wrong on this one.
Lol 😂 This may end in tears for some including me. I’m experimenting something since this year Q2 and spearheaded VOD total to £400k no cfd. It was average 80p a share at the time; now after 2 dividends it’s 73ish a share so it’s still a -10% while S&P500 +16%. What a year lol maybe it’s an expensive lesson or an ill timing.
Just £500? Imagine it’s around -£100k :-/ and it brought down your annualised return over five year by over -1%
No tears. But it left a very bitter after taste.
Congrats for entered at at 5xx-ish. I sat on this for a year and happy that it finally turned out :-)
Without rail, GOG may as well join SGC and NEX :-P
20-25ish% book
This is very unexpected :-( considering significant increment in card txns being processed.
Holding sizeable chunk here and impact my annualised return. Still hold though but I wonder whether it could be now short target?
I can never time the entry right :-). It's down like -10% for me and I'm still buying on the way down gradually.
It's a very unusual case. Hoping that anyone could shed light on. Is it being played by MMs or some shorts from funds going due to large majority of the stakes hold by group of institutional investors?
GOG appears to be a safe parking place for funds. Direct awards of GTR and SE have high probability on the way by November this year. Significant increment in transactional activities via payment processor Pay360 and card schemes as UK being opened and back to office on the way most corporations around September 2021 (even though some offered hybrid working office/WFH).
I’ve sold my remaining half :-)
Any ideas?
In normal situation for instance (PFC), funds who had short positions pushed price down first then closing theirs.
Reallocating here a bit :-)
Nice that CDR confirmed pursuit yesterday evening. I only expected upto 225 but at ~235, as principle buy on the way down and sell on the way up, I have sold half and taken £8k-ish profit. Issue now I have to find what’s next holding - nice problem to have :-).
CDR may want to asset stripping MRW like others did to Debenhams but that’s just one of the options. I highly doubt it was on their primary intention. There maybe other plans as well.
???? I was planning to sell on Monday (apprx £10-14k gain) and re-purchase back when the board rejected the bid as it was too low. £8-10ish bn bid would be reasonable. Why responded so early f^%#*. Anyway, this may have touched nerve of those who have short positions currently.
:-)
I haven't known why HSX is being reduced gradually. Someone may perhaps give actual enlighten post here. However, the price is in range of reasonableness (to me though). 1/2 of my fund is allocated to long run and HSX is one of them; couple grands down isn't worry me.
I held Clipper Logistics when it was 300-380ish in 2018 (similar stake as HSX now) because of their Boohoo and ASDA contracts and market was not very kind at time. I am right in the end though heh heh :-) Relationship of Clipper to BOO & PLT is like Breezemount to IKEA.
pure luck on this one for me. I've taken profit