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888 are trying to move away from unregulated markets but it takes time. The drop to 6% drop is a joke and it will re climb from this drop. Long term ENT is my preference but 888 a bargain at present.
In the next 6 months ENT, Fltr, 888 will look still cheap, my main concern is the UK government hitting them with charges but long term i see this over 500p....along with ENT 2500p and Fltr 18000....
HMRC will not contest the VAT refund for FOBTS - 200 mill refund. Pays some debt and hopefully increases likely hood of a dividend.
As expected, presentation this afternoon and divi probably reinstated after FY results.
Slow morning and afternoon pick up???
Flutter update was strong, knock on effect here. Interesting to see if the momentum carries on today and into tomorrow's close before the update Thursday.
Flutter results tomorrow, so maybe they run the bookies shares down this morning. Hopefully a positive afternoon. Also news in the papers that online casinos could be reduced to £2 a spin in UK, maybe the main reason?
For me, US is the game changer and reason to be overweight in this sector….
It's the 12th not 14th..... Ooops!
Yes it’s a rumour but they have bid previously….. If ENT want to remain independent then a high share price scares off potential buyers. This maybe best for long term holders, I hope the dividend is bought back next week, this will help keep the momentum….
2 big sells stopped all the momentum, still positive today.
Really looking good, any offer must be at a premium- minimum plus 20%. Maybe £24/25 would be considered….
Totally agree.
It seems MGM sold property for billions, could be another offer before the results? No idea but maybe….
Next results from ENT is 14th Aug, hopefully positive news and a steady climb into them! Venture in the US is seeing turnover ramping up. Potential is massive in the US.