Member Info for CJ39

Yes it’s very fair point. I really thought with the markets today and not much happening this would be a quiet day. I see this article was posted on yahoo news this afternoon which may also be related to share price movement. https://uk.news.yahoo.com/boasting-22-return-equity-william-124425000.html

Well you are right there. I don’t mind losing out on some money as I am wanting to trade these shares now - sell, buy, sell, buy, etc. But very erratic share price in recent days.

The share price is going crazy this last hour. It’s just rocketed to 189p. Very intriguing.

I totally agree with the sentiment here, there is so much evidence to suggest a retrace is not due to start but today felt a perfect day to sell and just wait and watch what happens. The markets are all down and we’ve had more sells than buys yet the SP is holding up. This is a good sign. All of the other gambling stocks are really struggling today too. Just want to give it a bit of time to watch the SP and buys/sells before deciding what my next move is.

I have sold my entire holding this morning at 184p. It is still the only share I am interested in investing in but I am very unsure what the share price is going to do here short term. I’m very happy at 184p and once I feel some certainty about the share price I’ll buy back in. I just don’t want to get caught out again on a retrace. But I will be back that is for sure.

I like what I read about this company. Excellent growth, making profits, new contracts, etc. But I see the share price has increased 450% in the last 6 months. Thanks for any unbiased comments.

Hmm, yes that’s a shame but I notice the markets went down sharply in the last hour. It is recovering now a bit, back to 177.5p but I was enjoying being mid 180s. We’ll see how next week starts.

Good post yarde2k. I’m trying to second guess where the share price goes from here too. It has been a fantastic rise after that horrific retrace we experienced. There is no doubt about it that WMH are in excellent shape and there is so much positive value to be realised long term. But at the same time I fully expect a retrace at some point for MMs to make money from people selling at lower prices than they bought.
The Dunn Brothers buying in yesterday makes it even more interesting. They know this market and WMH’s situation better than anyone. Why would they buy in at this price if they think WMH is over priced at this moment in time? Why have they bought now rather then when we were at £1.20 a month ago? I also don’t think the increase has lasted long enough or had enough buys compared to sells. I also think anything in the 170p’s is too cheap. So I’m drawn to the conclusion that there is more short term value ahead but not sure how much more this will rise before a retrace starts.

That is fantastic news. If they are investing at these prices they clearly still see this as good value. I was sure they’d buy in when we were down below 120p last month. Well that explains yesterday’s rocket in share price.

There is without doubt long term great value to be had here, no doubts about that. I was really kicking myself for holding the share on the retrace from 163p to 104p, I was sure there would be a retrace and posted such comments at the time, it was way too high a price back then before half year results were known and the market makers needed to make money back from all the people who had bought in cheaply.
It’s just you know short term if a share price is too high or too low and it’s that which I want to take advantage of.
I still believe the share price will still keep rising short term, there has to be a lot more days with buys exceeding sells for a retrace to begin. But there will be a retrace at some point. It’s very hard to know where the MMs value WMH right now. WMH has changed as a company, it has shifted focus from retail to online and overseas. It was 100% the right strategy.

Morbox, what a month it’s been holding this share. This is like the dream scenario with shares seeing the share price rise and rise and making thousands of pounds doing nothing. Maybe a once in a lifetime opportunity was this, I feel very fortunate to have spotted the opportunity but frustrated that I used most of my savings a year ago to buy a new car.
When I first invested here back in April I had no idea just how brilliantly WMH was being run and the fantastic position WMH have in America. It is looking very exciting for the future for WMH and therefore I want to keep a set amount of shares here, however I also feel ready to sell out soon and concentrate on trading WMH shares - sell on highs and buy on lows. As you have said it’s a risky business but if you can get it right it can be very profitable.
I feel like since the half year reports came out it’s been fairly easy to predict the share price but soon it will become harder as we are entering the unknown.
But well done to everyone who has made good money here, it’s a great achievement.

I’d be up for putting a bet on one of your tips too OWLS. No pressure on it winning/losing.

This is going to take off again, the share price will rocket towards 190p in the coming days. Today was another strong day. Twice as many sells than buys and the markets down heavily today but WMH share price holds up.
When will WHM overtake the 888 share price? Got to feel for zx 300 blue who sold out on WMH at 118p and bought in at 888 at 195p.

Well done Gambloriv, you’ve done outstanding there. I am nicely up on WMH but I feel it has been a missed opportunity for myself to really set myself up, but it’s easy in hindsight.
Enjoy your new home.

Last week was a great week moving up from 163p to 173p. The Market Makers used their usual tactics of dropping the share price twice (Monday and Friday) by around 5-6p to collect any sell orders and sells from weak holders before shooting the share price back up.
What is clear to see is that this share has fantastic positive momentum.
The share price can only keep rising. Two reasons - WMH is in fantastic shape, the American side of the business is incredible and the streamlining of the company in the last year to 18 months has been superb.
The second reason the share price can only rise is because of the fact there have been significantly more sells than buys on this rise up to 173p. The market makers are in this to make money too and they want people to buy in at these higher prices not sell for huge profits. Dropping the share price makes no sense for the MMs, it will only allow people to buy in cheaper who sold out cheaper. There is no money to be made by the MMs dropping the share price as there have been more sells than buys on this rise up. Also dropping the share price will only create less confidence in buying the share. MMS want people to buy now, and there is plenty of short term value still to be had. There will be a retrace at some point but most likely after we’ve reached £2 a share.
Prediction for this week - it’s only a 4 day week but 182-186p is my guess.

Yes I like it. Will be interesting to read what he is referring to later in the year. This is not a share I would want to be out of, I really believe it’s going to take off, the company is in such brilliant shapes, these prices do not do WMH justice at all.

What are you thinking Morbox? A potential takeover bid for WMH?

I am sure there will be some who are unsure what to do right now, the share price has fallen 5 to 6 pence since yesterday morning and worried it may be about to fall again.
I don’t want to influence anyone as it’s too important a matter to rely on others advice. If you feel it’s going to go down from here it’s best to sell and try to buy back in once it starts to rise again.
I personally am not thinking about selling, I don’t believe it’s going to fall far, I think there is still plenty of short term value here given how great a shape WMH are in. You have to remember it is the market makers who determine the share price and it’s not only about how they value the share but a game of poker - if they plan to rise the share price they will happily drop the share price first to shake out weak holders and sell orders before rising the share price again.
Interesting week to follow the share price.

Thanks Ian, I think we’ve got some good honest posters here who are fair on their comments about WMH and not rampers and blind to the risks. I’ve made mistakes with shares in the past and insisted I would only invest in shares that I know the market sector and company. I do feel I understand this market well as I have always been very keen in sports betting.
I think we’ve all done well our it WMH, not many people make profits in shares so we’ve been fortunate to find such a great share.
I’m expecting another good week ahead with WMH, I am predicting we will finish this coming week at 174p.

It is nice to be at these levels but I wish I could have afforded to buy more than what I hold. Good to see you now healthy in profit.
I spent quite a bit of time looking at the America side of the business this morning and it’s convinced me even more that we are going to see this rise significantly from here.
In William Hill plc’s info about the American part of the business it states this: By December 2019, 14 states had legalised and regulated sports betting. We are encouraged by the momentum in the number of states regulating sports betting. We are increasingly confident of the potential size of the market and see it falling comfortably within a US$5bn to US$19bn range within the first five years post PASPA. Nonetheless, the market is unlikely to mature for at least a decade.
Considering WMH have a 24% market share of a market estimated between $5-19bn, the American side of the business alone is likely going to be worth more in 3 years time than what the whole value of the company is worth now. Some forecasters even value WMH’s American business at $1.7bn as of now. Therefore the company remains vastly undervalued at these levels. The company has to be worth £3bn which is close to £3 a share. Will be exciting and interesting watching the share price over the weeks and months ahead.