Member Info for Happyzone

But debt is reducing quite rapidly, and should continue to do so, bar any disasters.

TBF, it's already climbing and at it's highest level for two and a half years. You're right, some good news should push it through 200.

The Times today;

The owner of William Hill was targeted by Playtech, the gambling technology provider, last year with an offer of £700 million. DraftKings, an American sports betting group, also has ­approached 888’s shareholders about a possible deal.

Graham Simpson, an analyst at ­Canaccord Genuity, has cited 888 in his annual list of the top ten bid targets among mid-sized companies. He said that companies usually became a target when existing shareholders had suffered through a painful period and that recent share price declines showed life had been “very painful” for 888. “An ­acquirer could very well take advantage of the market’s continuing apathy with an opportunistic, lowball offer,” he said.

Private equity suitors may be put off by 888’s debts of £1.7 billion, but a corporate combination may be on the cards, with peers banking ­premiums of 22.05 per cent. Could shareholders be bought out with £501 million? Simpson said: “The smart acquirer with a long view will be looking at it now while the share price is a busted flush.”

I just bought back in today. Looking at the recovery in the sector post covid, I feel the results will be good.

I was here before, but just got tired of the small movements when others in the sector were announcing record results.

Look at the orders coming in for RR engines - more people are taking to the air than ever before.

I seem to remember reading somewhere last year that IAG clients had failed to cash-in their covid vouchers, worth around £500m... and that this wouldn't be reflected in the accounts until this year.

Let's hope so.

Don't forget ex-final div date is 12th April, so probably looking at a dividend then of around 20p Payment 23rd May), that's just under 5% of the current SP, so if you sell you'll be losing out on that. Interim is hot on the heels around 4 months later.

Also, there is potentially something happening here. For AV to shoot up 13p in one day and not retrace the next is an indication that someone, somewhere probably knows something we don't, as yet.

As with any share, it's a gamble. But if you have a good profit already, then maybe take it. It has been up to around 585p in the last couple of years and 460p in the last year, so I think it's a fairly safe bet it'll have a little further to go yet.

Your choice.

Hey Gutter!

I really, really hope that you're not a financial advisor in real life....

Or maybe you are, hence why you have so much time on your hands with no clients left. :)

Https://www.thetimes.co.uk/article/a4c304cc-fb80-47b4-b094-8863aa898873?shareToken=93120163b3d22e69ef6a2878a1e7a910

I had kind of hoped that with de-listing and record results, that we might have seen a good rise in the SP. Sadly it seems to be record profits for TUI, record losses for ME...

Why do I get the feeling that I'm subsidising people's holidays and not being able to afford one myself...??!

Frustrated!

Unusual to see it rise early morning and not drop straight back again. However, we're up around 9% so far today, so something's afoot.

Is it just on the back of Rank's results (ip 4% today) or is there the possibility of a bid...?

Any thoughts welcome.

oh dear guttersnipe, not what you predicted, again.

i figured that as you can't take the hint from many on here, i'd write you a rap, as that's probably more your level.

sitting in his armchair spinning his vibes

thinks he's the whizz of the ft tribes

thinks he's sharp suited and snake skin booted

sitting unwahed in is grandad's pjs he looted

polluting chat rooms with his mental drivel

blind to all those who raise a finger for him to swivel

predicting the future like a footsie fool

riches he dreams of that make him drool

but those with insight know he ain't right

wasting their time late into the night

who is the pedlar of this **** tripe?

the one and only deluded guttersnipe.

damn, i hate not having to work...too much time on my hands.... 😀

What's happening today Guttersnipe? Can you explain the rise? I want to follow you so need your wisdom.

Well I'm glad I didn't lose my shirt on this. In profit and today's alone will buy an ounce of gold...

Maybe you should follow me...

I just love his insightful, educational and informative posts. Such a joy to read and his views are great to base your investments on. Keep it up, but maybe gradually cut down on the oxygen you're stealing from the rest of us and find something better to do with your time.

Let's hope he had the courage of his convictions and shorted it for a pretty penny.

Somehow doubt it.

Newbie, there were plenty of high volume trades last week... somebody knew something.

If you want some advice on investing £5, I think you should seek help elsewhere first!

If you mean £5k, yes, go for it. Should be plenty of legs on this one. Undervalued and takeover potential.

Sickening, disappointing, upsetting, to hear there was a bid for 888, albeit not a great one, and then for the share price to drop to where it is now. It would have been a very healthy 5 figure profit for me, whereas now I have 5 figure loss in my portfolio.

Let's hope this reverses the downward trend and maybe a more sensible offer will be laid on the table.

Interesting to see why there was such a rise today.

I did chuckle to myself when it reached 8.88%... :)

And don't forget the £0.5bn or so in unused vouchers post- covid, though don't think this will be confirmed until January...