The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Let hope we can actually leave our homes in 2021 so we can enjoy some of the profits!
Sweet as Morbox,
I did 2 trades after the crash and averaged 81p - made a tidy 229.28+% on an 8K investment
Need to look at my various sharesaves to work out my averages there and my divi reinvestments (dataing back 7 years)
Will need to be sober for that
: )
Good effort Morbox, great chatting to you.
TheChancers - correct mate.
I'll be selling some now and hanging onto the rest and take the cash when ever the deal is closed I think.
Right everyone - it's been a blast.
Glad most have made a profit on this share....and GL in the future.
I need to work out now how best to split profits so I don't get screwed over paying CGT
You won't get paid out until its signed off H2 next year at the earliest.
speculate2x
https://www.gamblingnews.com/news/will-betfreds-fred-done-approve-caesars-takeover-of-william-hill/
The news comes ahead of a planned shareholder meeting in London on Thursday, November 19, with all shareholders expected to green-light the deal and allow Caesars to carry on with the bid
C0mmonSense - Something else to bare in mind is the possible changes to CGT most likely coming into play before the sale completes
Morbox I think you are right in what you say - you must hold the shares on the 17th for the votes to be counted
A coupe of other articles: https://www.telegraph.co.uk/business/2020/11/07/buyout-funds-circle-william-hills-uk-arm/
This one is pretty interesting - comparing and rating the US betting sites: https://www.lineups.com/betting/mobile-sportsbook-apps/
I think if my sharesave wasn't about to kick in I'd have been thinking about it too. This years option price is 1.45 so it was a no brainer.
I think you maybe right though, looks like the market is finally thinking no other bids are incoming.
Most likely because not alot has happened since the ceasars announcement
There seems to be a wall of silence from our main holders and the same with Apollo regarding a counter bid.
Cheers mate - Enjoy the weekend!
it added that the closure of betting shops in the UK again, due to recent regional restrictions, would hit earnings by about £2m for every 100 shops forced to shut for a month.
Hey Morbox, sorry i've been a bit quiet recently ended up "at risK" so I've been looking for a new role within the company.
I'm still holding out as I think a few of the big boys will want to push for a higher price.
I wouldn't be surprised if the initial offer is turned down and they come back in with an additional 10%
With lockdown looming again though it will cost around 30M per month I think, I'm sure I read 100 shop closures worked out at around 2M per month lost.
https://igamingbusiness.com/wh-shareholders-to-vote-on-caesars-acquisition-on-17-november/
Also looking at Draftkings they have drifted away over the last 3 or 4 weeks.
https://igamingbusiness.com/wh-shareholders-to-vote-on-caesars-acquisition-on-17-november/
RowShares - Satty/Ulrik have both said they hope results are in by Dec with completion taking between 6-9 months. So mid to late next year.
https://www.legalsportsreport.com/45083/caesars-william-hill-bid-questions/