Member Info for actiboomz

There won’t be much benefit financially for both to merge in near or medium term; especially regulatory hurdles to jump through not worth it. & Blackstone nah

Anyhow, I’m now sitting on precisely 235,840 shares after spontaneously decided to put spare fund into TW. early hours of yesterday. I will wait and see next 2-5 months.

Is this a fact?

“Frustrating” - yes indeed!

I exited at ok profit during Marshall Wace reentered short sometime between Nov-Dec’24, suspecting they had insights small investors didn’t, especially before the Australia news. It wasn’t easy sail after massive drop to 500 in early Aug’24 and stayed put.

I thought I understood Entain after they moved away from Playtech. Other major bookmakers may be either developing their own solutions or consolidating. Evoke? Maybe it’s more about US shares being favoured with crazy returns/volatile in this 2nd Q of 21st century.

You aren’t wrong.I didn’t mean the P&L but the margin of Entain and bookmakers in general on bettings.

So all the noises turned out to be Jennings takeover of small independent Mark Jarvis it’s been now revealed.Dang😅🤣 I nearly almost went all in Entain and now sitting at 22k ish loss 😅. Heyho

It’s certain now that Entain went 100% in-house software instead of using SaaS companies such as Playtech likely, Kambi etc. They’re indeed betting big on their strategy and too, I will sit tight.

Which market did you mean?

From my limited experience, this fall most happens after the short opened/increased and coupled with some element of uncertainty such as announcement of UK election.

However, for specific case of Entain, I feel something positive big is coming up and thus I have dived in just a shy of £180k average 750ish now. No pain no gain, no brain no pain 🤪 Marshall Wace LLP is licking their wounds from stupidly increasing short against HL. So I hope Entain is another mistake of theirs this year.

The question is not whether Entain business is profitable because it is; its margin is tasty 🤤 already. But rather will having to share 50% of BetMGM profit annoy MGM’s strategic alignment enough to make the call and force other pe to reveal their hands? Entain won’t let their 50% go easily. MGM should have used SaaS companies for BetMGM on day one instead gone into 50/50 split partnership.

Is Friday a good time for takeover/merger announcement?

Wow 😮!!! What’s going on at PFC. This was once very nice earner for me few years ago especially after SFO final outcome, then sold, moved on and absolutely forgot about this.

Still early day. I haven’t sold yet 😗😀 and expecting (or hoping) 147. I probably will sell a bit on 100 and start offloading from 121

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 :-)

Heh heh ??PFC soften much of my GOG surprise

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?

:-) very tempting to sell though

:-) so easy 20%

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.