Member Info for madrugada

Did you see his interview on Bloomberg? He was embarrassing. He’s totally incompetent - a human disaster. They should have raised interest rates as a statement of intent. They didn’t. They have lost all credibility. The pound falls, inflation increases. What a dunce!

Look at the results of Serco. A very positive trading update resulted in the shares falling.

A left wing President has been elected winning by 50.000 votes. His election manifesto was to ensure that 70% of the mining companies profits would remain in Peru. Obviously, this threat will be reduced but I can see some concern with the result.

It’s certainly undervalued. This sector together with Telcos are just unloved at the moment. Hang in there. Sentiment changes.

This is an opportunistic bid. The company is well managed and will recover. In two to three years the share price will be back over 250p. Why sell?

It’s called commitment.

Agree. They sold it far too cheaply.

I reached the same conclusion. I think Chemring could also follow this upward.

He didn’t buy much. Do the maths. It’s a punt. The detection system has has a long road to go. It will take years to develop. Don’t forget: all CEO’s are salesmen. This company is being pumped by Simon Thompson on IC. He is not a scientist. I’m sceptical.

IC had a sell recommendation when it was 62p; I thought, can they be serious? This Covid situation is temporary. It’s obviously going to hurt but to advise selling when the share price has all the bad news priced in is both illogical and very poor analysis. The IC has made a number of similar recommendations covering a number of companies whose share prices are at all time lows. BP, for example, is rated a sell. I disagree with their analysis and pessimism. In fact, one questions the competence of journalism at the IC. Similarly, the Sunday Times had a piece recently advising investors to ditch the stock. That appeared a few days before the recent update. It was written by a young female, who is obviously knowledgeable about gambling. The Sunday Times has a hatred of gambling companies.

How long do these appeals take?

Any legislation will take at least a year at least. These politicians want to protect the public from harmful addictions. Let's look at smartphones and social media. It's only logical that they impose restrictions on there use in the form of a tax. Then what about tobacco and alcohol? Both are harmful, shouldn't they both be banned? We need restrictions there to. Of course, look at what happened during the prohibition era. And moronic tv programmes?

These restrictions are not going to happen. If politicians are going to protect the public from harmful addictions where do we start? Let's look at smart phone and social media addiction, tobacco companies, alcohol producers. The list goes on. The emphasis must be on individual self control and discipline through awareness education.
The importance of tax revenue and jobs needs to be addressed. Any proposed changes won't happen suddenly. Usually a number of years will be required. The sell off is a good opportunity to buy.

No. Ask yourself, why are they doing this? There’re expanding their operations in the US. That has to be funded. I don’t know what price you bought but patience is required. Sentiment in the sector is negative, but remember, a few years ago, no one wanted to own miners or oil companies.

Boraki,
What you are referring to is the redemption of debt. The investment notes are for redemption in 2020. Those holders who do not want to receive the interest can sell them back to the company. Out of the total was it 375 million, only 170 million was redeemed. A new offer, paying 4:5% pa, to be redeemed in 2026 will be released tomorrow.

Regarding the cut to FOB'S and the increase in digital gaming tax what would happen to these planned measures in the event of a general election? Would they still apply? Don't forget these measures will first be applied from October 2019. I do think that WMH has been oversold, as have many companies this month; and it seems the good news regarding the change in US gaming and the opportunities it offers have been completely forgotten. Consolidation is also happening in the gaming sector and this low valuation does make WMH a buy in my opinion.

The opening up to the US market will more than offset the reduction in revenue from fobts. Don’t forget that reduction won’t happen until 2020. Racing and football results have been very good for bookmakers recently. If England win the World Cup it will cost all bookmakers. The dream result for the bookmaking industry in the U.K. is for England to reach the finale but to loose.

I thought the share price would be up a bit today. The bookies must have made millions.

Why is the share is down today when others like TLW and PMO are up over 5%. I noticed a similar pattern with TLW during the winter months. The share price should have been trading above 200p from January but was deliberately manipulated by market makers to keep it lower.

I know that they are a disgrace. Buses in third world countries are often cleaner and people behave better. The buses in Glasgow are packed and often with drunks. It does make entertaining bus theatre though. The simple solution is to ban food and drink. Another thing I found incomprehensible was a complete abscence of information regarding ticket prices and the demand to pay the exact fare. Surely, they should introduce a time limit on tickets so that it�s cheaper and easier to travel. Great for tourists!