Member Info for Lowie100

A sidetrack on the Uzenskoye #9 well on the flank of the Uzenskoye oil field, was drilled and successfully intersected a section of the main Aptian reservoir updip from the original bottom hole location.  However, when put on production, the well flowed water, indicating that the oil:water contact in the field has migrated to a higher elevation than had been anticipated on the basis of cumulative production of oil from the field. This higher than anticipated oil:water contact is likely to have implications for the remaining recoverable reserves on the Uzenskoye field which will need to be reassessed with the new data derived from this well.

http://www.investegate.co.uk/article.aspx?id=201203131300012618Z&fe=1

I don't think it's right to compare a reputable and established stable company such as William hill with the likes of afren and ore. You won't have get 10% rises plus here in a day or two but you won't get -20% days and illiquidity. If your wanting to "get rich quick" then this isn't a share for you. Good luck with your investments but I don't entirely agree with what you say. To say a company should scrap its dividend to invest in the company, in what way would you further invest in the company. The company still requires investors and the dividend and increase in the dividend provides that.

When you say "floats lower" I assume you mean last 2 days the share price has been 238p this week. This the lowest it's been this week. I'd expect online sales to continue for the foreseeable maybe not at above 20% per year though. Remember last years results were good with no major events. This year there is the Euros and Olympics in London. I'm not sure how much revenue the Olympics will generate William hill but sport will be everywhere this summer. The increase in dividend should attract longer term investors looking for growth and stability in these times.

Ralph Topping, Chief Executive of William Hill, commented:   "This is a very positive performance, particularly in a year without a significant international football tournament and with a c£9m increase in VAT payments as a result of the rate change. It reflects the underlying strength of the business and benefits from our innovations and investments. Our strategic focus continues to be on developing our products to enhance the customer experience, on broadening and strengthening our channels to maximize our customer reach and on developing the business internationally. In the last year, we have built on the momentum and success of 2010 by further expanding our Online offering through new mobile and text-betting channels and are continuing to invest in innovations to enhance the customer experience across all channels.    "We have great confidence that, as a multi-channel gambling company with a strong management team, we are well placed to leverage the advantages of the William Hill brand. We believe there are more opportunities to grow in our core market in the UK and also for the business to expand internationally beyond our traditional roots as more governments open up their regulated gambling markets. We will, therefore, seek to invest selectively in taking our brand and our capabilities beyond the UK over the coming years."

Key points: Ÿ Positive performance with Group net revenue up 6% and pre-exceptional profit before tax in growth by 9% Ÿ Basic, adjusted earnings per share in growth by 12% and dividend per share by 16% Ÿ William Hill Online delivers second consecutive year of +20% net revenue growth and mobile innovations increase Sportsbook bets by c500% Ÿ Resilient UK Retail performance with growth in OTC amounts wagered and machines gross win driving net revenue growth despite sporting results impact Ÿ International expansion progresses with Italian website launch and impending land-based sports betting acquisitions in US Ÿ Further balance sheet strengthening as net debt for covenant purposes reduces by £83m to £416m

Rns http://www.investegate.co.uk/article.aspx?id=201202240700120380Y&fe=1

Final results due for release Friday 24th February.

This stock has been in a downtrend for far too long. Dropping from 70 odd pence to sub 20p (with the odd short lived bounce) it looks to have finally turned a corner. Several institutions having reduced or disposed of their positions adding to the decline in share price. However whilst some were disposing others were adding mainly YF Finance taking their stake to circa 27%. This shows lots of confidence.

Bid 28p Ask 30p Change: +1.75p + 6.42%

Bid 27.5p Ask 29p Change: up 1p +3.67%

Exclusive agreement with inspired gaming group http://www.investegate.co.uk/article.aspx?id=201201190700168084V&fe=1

Trading update http://www.investegate.co.uk/article.aspx?id=201201190700168083V&fe=1

Missed opportunity nearly got in sub 140p lost out for a penny or two.

http://www.investegate.co.uk/article.aspx?id=201201041710010140V&fe=1 Change of broker

Massively undervalued and very good buy in price at the moment IMO

http://www.investegate.co.uk/article.aspx?id=201112141000019445T&fe=1

David Nel, CEO of SNR and Elitheni, said: "We are delighted to be a part of this IDC funded project. Supplying our coal to local industry is a strategy we as a company have considered to be viable for a long time and it is encouraging to see our endeavours come to fruition after a great deal of interaction with the IDC. Although Elitheni will primarily be an export mine, given its significant reserves, the Company will continue to work with local industry with the aim of supplying coal for use in industrial steam and power production."

It seems yesterdays drop was due to the 200k / £24k sell declared just before close. Almost all volume are buys and this is now up 8%.

Why has this been taking such a hammering lately 10% down today at which point I bought more at 12.5p saw a recovery late on but still finished 8% down.