Member Info for Mathsman

I find myself worrying that at this price, this might be the bridge too far http://www.gvc-plc-ir.co.uk/html/investor/news/archive/2015/270715.asp Any thoughts out there?

Couldn't let a whole year pass without any comments! Bought this over 4 years ago and it's my best performer.

I have noted over the years that Berenberg take a uniquely pessimistic view of a great many stocks, it's almost as if they have shorted half the market

Some firmish news today, guess the price will stagnate for a while until the deal is done, synergies and cost savings are established and next years profits show 50% growth. Maybe those directors options at £6 will be showing a profit by then?

Maybe it's because the media, and the BBC in particular, has for so long been peddling the view that Greece equals Armageddon, that any mention of the country can cause panic?

Realise my post is ambiguous, meant........ difficult to understand why there should be any!

Only a few sales this morning but after the RNS, difficult to understand why. Reassuring to see that figures have held up over the period distorted by 2014 World Cup.

Seems to be some anticipation leading up to the finals....one week away if same date as 2014. Let's hope it's justified. I've been here a long time and never seen this much buying prior to results before. Bit worried because spread shown is huge 0.35 - 0.5p so MM's are not keen to buy.

Thanks, I guess everybody is luck sometimes....even me!

Only bought this morning so perhaps less jaundiced than long term holders are...... justifiably! but prospects look good and directors are buying. This looks over sold to me. Only my opinion.

Results looking good, glad l stayed with this for the yield through the dip.

Price dropping already, as always, buy rumour - sell news

GVC Holdings PLC (AIM:GVC), a leading online sports betting and gaming group, notes the recent press speculation and confirms that it has submitted a proposal with a view to the Group acquiring the entire issued and to be issued share capital of bwin.party digital entertainment plc ("bwin.party"). If the proposed transaction were to complete, it would be treated as a reverse takeover due to the size of bwin.party relative to the Company and, in order for the proposed transaction to proceed, it would require, inter alia, the approval of GVC shareholders. There can be no certainty that the submission of this proposal will lead to the Company being selected as a proposed acquirer of bwin.party or, in turn, completing an acquisition. Further updates will be provided in due course.

Fri, 15th May 2015 08:57 ** Online gambling firm Bwin.Party jumps 6.8 pct, poised for a 3-mth high in relatively robust volume with traders citing reignited hopes for a deal to buy the co ** In March, Bwin said talks about selling all or part of its business had become more serious ** Gambling firm GVC Holdings' CEO told Reuters in March that "something like" rival Bwin would be of interest

Graph has shown a steady upward trend since May 7th. Wonder if something is brewing.

I live in a leafy Surrey village, the conservative majority is several thousands. There is one convenience store and two bookies, not many ivory towers bur perhaps you see my point. .

Bruce - Thanks for that, my sloppy use of the word "gross" is at fault. As a higher rate payer I was meaning that no additional tax becomes due.

Bruce - My understanding is that divs are paid gross into ISA's and need not be declared for tax. My accountant has never done otherwise. More tax efficient than my pensions! Far more sales than usual going through prior to xd, perhaps the habitual drop has been taken note of. Hoping for an uncharacteristic move up after tomorrow as MM's lock out the sellers. They are just mean enough me thinks. Probably wrong.

gs - Had a similar quandary. I already considered my self over exposed to this but l have recently been selling off anything that will respond badly to a change of Govt., hence l have spare cash in my ISA and so have bought the equivalent of next years ISA allowance. l will then be selling an equal number of shares held outside the ISA just before the xd, so returning to my original holding. Can then transfer the cash to the ISA, in what will then be the new tax year, and still have the same holding...just less tax to pay on the divs. Hopefully l will sell above the 469 l bought at! After several years in this l think l might make a bit of a profit. We live in hope! .

Surrendering their options seem to be to the directors advantage. The way the deal has been done they will still receive their full profit on the options. Had they taken shares and the price had fallen they would have been out of pocket. I would guess this might also be tax efficient although l am no expert on the subject. No loss of dividend payments either, they will still receive them on a sliding scale until the profit on the options is paid off. The money they receive will now come straight from profits whereas the dilution of dividends caused by the extra shares would have been less. They still receive some of those dividends anyway so initially the dividend dilution will happen regardless. Looks like a win/win situation for them, never having heard of such an arrangement before you have to wonder if there is something not quite right here. This is my reading of it but if their are any more knowledgeable folk out there l would be pleased to hear their views. .