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Colorado releases sports betting revenue for March, up 103% from February
https://www.gamblinginsider.com/news/20943/colorado-releases-sports-betting-revenue-for-march-up-103-from-february
This should get a boost once Greater Manchester Pension Fund and Blackrock are fully out
National Express on the road to recovery as commuters ditch trains for coaches amid the rail strikes
https://www.thisismoney.co.uk/money/markets/article-11991521/MARKET-REPORT-Rail-strikes-boost-coach-travel-National-Express.html
XL Media targeting rev share model despite regulatory pushback
David King said: “Our strategy is clear; to diversify our revenue streams in North America while expanding our footprint, optimizing our sustainable gaming business, and upgrading and innovating our European sports sites.
“We currently earn the majority of our revenues in North America under the CPA model. This provides a very attractive income stream when a state first launches online sports betting, but does not necessarily provide predictable, sustainable revenues over the medium to longer term.
“We believe that it is important that we begin to participate in revenues from betting activity where operators are open to it, enabling us to build a more sustainable revenue stream.
“Since the year end, we have now entered discussions with a number of operators in North America to move to a hybrid revenue share model, similar to that in Europe, with lower upfront acquisition payments and ongoing participation in the revenue earned from betting activity.”
https://sbcamericas.com/2023/03/30/xl-media-rev-share-model-regulatory/
Broker targets all increased
Now High 658p
Med 484p
Low 372p
Was High 514p
Ave 390p
Low 322p
NRL seeking to cash in on ‘absolute revolution’ in online sports gambling in US
League executives will travel to Las Vegas to negotiate city hosting a pair of round one games and tap into booming betting market
https://www.theguardian.com/sport/2023/apr/27/nrl-seeking-to-cash-in-on-absolute-revolution-in-online-sports-gambling-in-us
A RNS to say they've sold the PF division should give this a kick
"The process is currently underway, and the business is engaging with a number of potentially interested parties"
National Express have 10 million more customers now than they had in 2021 and the sp in 2021 was 300p
Blackrock selling ?
Blackrock still selling ?
National Express
10 analysts, 9 say "BUY"
High target - 350p
Average - 219p
Low target - 125p
Current price - 116p
National Express announces expansion of services across UK
The news comes following a huge surge of customers in 2022, with over 16 million people having travelled using its services – an increase of 10 million from 2021.
https://www.intelligenttransport.com/transport-news/145869/national-express-announces-expansion-of-services-across-uk/
13.1p to buy now
Makes you wonder what they paid, selling at all time lows
Oldboy, you're still convinced this is retail investors dumping 200k ?
Been trying to buy for the last 15 minutes, NT
Nanoco Group plc (OTCMKTS:NNOCF – Get Rating)’s stock price shot up 181.4% during mid-day trading on Friday
https://www.wkrb13.com/2023/04/15/nanoco-group-otcmktsnnocf-shares-up-181-4.html
The selling at these levels is either shareholders selling with massive losses, short sellers or manipulation for a cheap takeover
By Edward Sheldon, CFA. There are several reasons I’m bullish on Volex (LSE: VLX) right now. One is that the company is growing at a healthy rate. For the 26 weeks to 2 October, the group posted year-on-year revenue growth of 22.1% along with 14.1% growth in underlying profit before tax. Results were boosted by 53% organic revenue growth in its electric vehicle division.
Another reason is that management has ‘skin in the game’. Both executive xhairman Nat Rothschild and COO John Molloy own a ton of Volex stock. So, it’s in their interests to get revenues, profits, and the share price up.
Finally, the stock is dirt cheap. With analysts forecasting earnings per share of $0.27 for the year ending 5 April 2023, the forward-looking P/E ratio is only about 13.
Risks here include debt levels, which have risen on the back of acquisitions, and excess inventory issues. I like the risk/reward proposition at current levels, however.
The Stock Market - the only place where theft is actually legal