Member Info for alto1

yes we get that but the market don't and keeps slamming sp down

guys i am not going to tell you how to trade. but please be careful this is going to be a good share and it should not be this low but if we keep getting postponed games this will get lower. so ask yourself this do you see more games getting postponed my answer yes so the share will go lower just saying . i no most of our profit is online but the market is not taking this into account. when dropping sp.

this was always a problem la liga just suspended matches. the nba have also suspended. so this could get worse in fact it will do. but it might not be that bad in wmh next earnings but they are a long way of so more pain till then i think.

if you have a reinvestment plan they will buy it back at market price on the day of payment for the dividend . if you self invest it's up to you to get best price

not sure if this is what you are asking but if you receive a dividend and buy shares with it you will end up with more shares.

absolutely the casinos will lose foot traffic but online will soak that up. i am a gambler it's one of my only vises but covid wont stop me from placing a bet. so i guess instead of picking a horse on William hill i just placed a bet on the entire company instead.

ok today on paper not a great day! for the future it's a good day if you have funds wmh is going at fire sale price. i have just bought all of my quota now if it goes down further i don't really care because my risk v reward is wear i want it . if games get played behind closed doors that's ok may even bring more revenue.if they get postponed well not so good.

morbox the only thing we have to watch out for is the games don't get postponed because online business will take a short term hit. but then again more cheap shares every cloud has a silver lining .

Hill is a unit of the UK giant of the same name. And like Flutter, faces severe challenges to its main street sports books. Like Flutter it sees the expanding US sports betting market as a natural compensatory growth area for any lost business it will sustain due to the crackdown on betting limits and credit card use in the UK. (Hill's US subsidiary dominates Nevada and has moved to states like New Jersey where it's among the revenue leaders. Source: Wm Hill.)

Hill’s US subsidiary has a dominant position in Nevada, running sports books in more than 100 casinos. It also has platform deals with casinos in US regional jurisdictions where sports betting is legal. It recently made a deal with CBS Sports to partner on media and sports betting initiatives.

It has a $1.5B market cap, a low beta of 0.61. Its earnings (TTM) ran at -5.54. Its 52 week range was $6.64-$10.07.

Price at writing: $7.03. In our view, this is a screaming buy right now. We think Hill US has a shot to break even or better this year.

Given the burst that a move from live to online real money betting can get during the virus crisis and the low valuations of Hill stock, the powerful financial presence of its parent, we think this belongs in the no-brainer category for investors looking for strong buy in the dip stocks as the market tanks more each day.

there is a difference being on aim. aim is the wild west when it comes to governance and most company's are always diluting shares. bmh still should do ok in the long run just keep averaging down.

vauch! anything can happen this is an aim stock.

morbox. done brothers know whats going on with wmh in the states give this time and the rewards will be good.

ok so started a position here 14.5p could still go 12.5p but risk v reward looks to be ok from here.only off putting thing is general public own 80% would like to see more fund ownership.

did have a quite large holding of pfc but got out at 386p sold it all at a reasonable lose. but bought back at 301p small holding but decided to leave it alone for know so not a great day.

no i sold out not long ago when it recovered from that steep drop. did not like the way elderman sold he's stock just before it dropped. maybe just a coincidence but don't trust them goings on not saying you should sell.

done brothers have a turnover of 437m so not sure if they have lots of spare cash but it does feel strange a bookie putting a bet on a bookie because that's what they are there not an investment company .

low oil is a tax cut in a way wont feel like that if you own oil stocks as i do small amount. looks like these done brothers have placed a bet on William hill it is very comforting that someone that knows this industry well has faith in wmh i would rather be with them than against.

well you will probably get another chance at 125p maybe less? i have one more buy in the tank myself. after that i will switch off from the noise. remember stocks can rally hard after black swan events and the only thing getting in the way of that would be a recession but bear in mind covid 19 could cause one . look at it this way we are buying peoples fear and putting in a bottle we only open it up when it turns to greed.

morbox there will be plenty of dips but i do think you could be playing chicken with sp. this is twice now this has held up well and to do that today wow.and even if we Finnish in the red today you could probably count on one hand stocks that actually went into the blue. so opinion way oversold and shares being accumulated answer accumulate and hold with them not advise just my opinion.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bushveld Minerals.

AIM:BMN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:BMN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 8.2%
Metals and Mining Unlevered Beta / S&P Global 0.90
Re-levered Beta = 0.33 + [(0.66 * Unlevered beta) * (1 + (1 - tax rate) (Debt/Market Equity))]
= 0.33 + [(0.66 * 0.895) * (1 + (1 - 28.0%) (2.11%))] 0.939
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm) 0.939
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (0.939 * 8.23%) 8.26%
Discounted Cash Flow Calculation for AIM:BMN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bushveld Minerals is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:BMN DCF 1st Stage: Next 5 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.26%)
2020 13.61 Analyst x2 12.58
2021 54.81 Analyst x2 46.76
2022 64 Analyst x1 50.44
2023 112.3 Analyst x1 81.76
2024 151.73 Est @ 35.11% 102.04
2025 189.25 Est @ 24.73% 117.57
2026 222.32 Est @ 17.47% 127.58
2027 249.87 Est @ 12.39% 132.45
2028 271.94 Est @ 8.83% 133.15
2029 289.18 Est @ 6.34% 130.8
Present value of next 5 years cash flows $935
AIM:BMN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $289.182 x (1 + 0.53%) ÷ (8.26% - 0.53% ) $3,762.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
$3,762 ÷ (1 + 8.26%)10 $1,701.66
AIM:BMN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $935 + $1,702 $2,636.66
Equity Value per Share
(USD) = Total value / Shares Outstanding
= $2,637 / 1,153 $2.29
AIM:BMN Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of AIM:BMN) 0.768
Value per Share
(GBP) = Value per Share in USD x Exchange Rate (USD / GBP)
= $2.29 x 0.77 £1.76
Value per share (GBP) From above. £1.76
Current discount Discount to share price of £0.17
= -1 x (£0.17 - £1.76) / £1.76 90.3%