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New bid by Ladbrokes 2-1?!!!! More like 100-1
sain@vision - because Ladbrokes walked away only 7 months ago and what has changed in the meantime???? Nothing. OK, SBT got rid of their Turkish business but Labrokes knew that during their negotiations with SBT and are concerned about legacy issues anyway. Really can't see why people seriously think Labrokes would make another approach. Would love to be proved wrong but in my opinion in just isn't going to happen.
I don't have access the full article but following that link gives: "Sportingbet in “advanced discussions” with potential US partner. Chief executive not anticipating any federal regulation this year" Where does it say McGyver is not anticipating regulatory problems? Is it in the full article?
Not sure, but perhaps in anticipation of some good results next Tuesday? Or just good feeling for outsourced service industry in general as Capita announced results today and did well......hope it continues!!!
I was referring to the last 2 or 3 days when the number of buys has significantly outstripped the sells - merely an observation that I would have thought the price would have moved a little more than it has over the last 2 or 3 days only - not the last month
Lots more buys than sells in recent times but the SP unmoved - anyone know why?
Does anybody know when an announcement will be made regarding the decision on the outsourcing of the MoD military recruitment? It was rumoured recently that Serco were preferred bidders for this contract worth between £0.75-1 billion over 10 yrs. Nice rise in the SP recently although stalled from Thursday lunchtime onwards.....Buys still outnumbering sells in recent days......fingers crossed for positive news soon
Something doesn't add up as Ladbrokes, 888 and BPTY all up significantly on the recent news.....and SBT...down! bigmac321 - where are you getting your info from for your statements regarding the large short? Would appreciate it if you could provide the source for this info as unsubstantiated rumours tend to wind people up - we wouldn't want another Maxwell would we?! ;-)
...so any thoughts on why the SP hasn't reflected this news?
....but lost enthusiasm on SBT after Ladbrokes. Just watching now to see what happens - need a 25p plus increase to see my money back! ;-(
Charts all well and good, but what are the reasons for the SBT fall aside from general financial malaise? SBT offload a risky part of their business and the share price falls, whilst GVC take on what is essentially an illegal venture in Turkey and their SP rises. Can anyone offer any explanation as to why? All broker recommendations seem to be well off the mark at the moment considering current SP.
These target prices are all well and good, but can anyone tell me what timescale they are associated with? Otherwise they seem pretty meaningless to me.
So, 4 failed attempts Mr Glynn.....impressive stuff! You remind me of Mavis Wilton from Corrie...........;-) Pathetic!
Done deal eh? Whoever said we woudln't see the price in the 40s again for a while was bang on the money!!! ;-)
How can you still be sitting comfortably? Surely even you would admit now that things are not looking good? How come if you have heard these positive rumours, then they have not leaked to the guys supposedly in the know writing articles for the likes of the FT? You would have thought that they would have heard the same rumours you have and be putting a positive spin on things?
So why the rise first thing this morning followed by the slump? Surely people would have been aware of the FT article this morning?
Bishop - great post. Hacked off with the whole saga now - will be glad to know one way or tother now as fed up with constant speculation. How could SBT go so far down the line with GVC selling off Turkish arm if Lads had not given some assurance a deal would be done. Glynn's head will surely roll if this falls flat.
Are you still with us Preston? Any thoughts?
The NUMIS target seems to add to the confusion - I wonder where they get 90o from and when this target price is supposed to be reached. All the talk recently seems to have been that 72p was the 'deal' price, preceded a while ago by the range 80-85p. Any thoughts?