Member Info for madrugada

Something must have stimulated all the buys. I don't think the business outlook has changed much.

I wouldn't be buying at this price. Why did someone sell a large holding? If it was rumoured to be Dermot Desmond then there must be something fundamentally wrong with the business which there is. As for a potential takeover: the numbers don't add up. Think of the debt involved.

Someday? Someday I will win the Euro lottery. There's a Russian proverb: hope is the last thing that dies.

This company always promises but seldom delivers. The dividend is negligible so it won't attract dividend seekers. I sold at the latest collapse around 1230. I wish I had sold at 1295 but thought the company was finally going to deliver on expectations. It's overvalued on these "expectations". If it falls to under £11 it could be worth buying for the " potential " future earnings.

Winter OL in Sotchi. They really do have an uphill battle though.

Nothing surprising in the results. We were forewarned. Man cannot control the weather. I wonder how the plantations fared with the recent hurricane? I trust the management to deliver - weather permiting. I will increase my holding.

Thanks. I used to be. I sold at 350 having bought in at 275. I just haven't been following it's news flow and was surprised to see it on the fallers board.

Next year we have the World Cup and the Olympics. These events are good for bookmakers. I can't see any catalyst before then to drive the shares upwards. Their web site is poor compared to rivals. Playtech is involved in the redesigning, I think it will be launched next year. Ladbrokes bought an Australian bookmaker recently I wonder how that is progressing. The company has to expand abroad. The share price could fall further, if so, I would buy.

The news has been good so why the fall?

Moneyweek tipped this a few months ago suggesting that the new strategy would push it higher. Don't forget this was trading 200p a year ago. Obviously, inside information was leaked before the profit warning as it declined to 80, then collapsed to 31. That is really spectacular. During that time the management were silent. They are dunces at public relations. There was a similar pattern five years ago: the share price collapsed but rebounded very quickly regaining it's loses.

Does this fall when it gets relegated to the 250?

Johncharles: I agree. Market sentiment can change very quickly. Many stocks are looking "pricey". A reduction in QE and geopolitical tension will create volatility.

This will fall back to under £11. It might be a good long term buy at that price or lower. The dividend is negligible. Everything with this share is in the future and, assuming everything goes to plan. That implies no production and political problems in Egypt and Brazil. Trade the volatility.

The directors are very poor at informing shareholders. When the profit warning was issued the share price collapsed almost 50%. Normally, a 20% drop is average. Were things so bad? Shareholders were never told. Only a month before we we told that trading was as projected. What changed? Remember, this share was trading at 150p.l I don't have any confidence in the board of directors. Gzelle: why were you impressed?

Shouldn't this have fallen today as it trades exdiv?

I don't think the results deserve a 5% fall. They are going to maintain the dividend payment, which must be an incentive to buy. Istock: I think your pessimism is overdone and too late. I'm expecting the share price to recover past 200 in the next 6 months.

Profit warnings are usually released after markets close to limit downside selling. All markets are being hit this morning by a triple whammy: Portugal, Egypt and China. I would imagine the dividend will be reduced.

Why the sell off today?

Look at the weather in the UK: It's a reminder that Man cannot control it. Money can be made here for the patient investor. Benjamin Graham said that a 30 % drop in a company's share price can be expected due to market sentiment.

The infection has hit the oranges and not the trees. There will be a 20% reduction in crop size and that will significantly affect results.