Member Info for Newbieinvest

We could open quite high with that news last night ….lets see

Looks like your right Teddy.

The whole world is probably going to require a solution to this Tariff mess sooner rather than later to see sustained bounce back.

Although apparently prepared to talk to USA about zero for zero tariffs, which would change things significantly.

I think Trump is obviously using this Tariff thing as negotiation, and / or potentially a way to get interest rates down ( i've read a few articles suggesting that could be the underlying aim)

It's just when does it all resolve itself.

The wider market obviously impacts our SP and confidence in the stock market, but I'm stil not 100% certain how Tariffs impact a mainly UK based betting operator, and as someone on here pointed out previously, Bookmakers tend to do ok during economic uncertainty or recessions

Is this just starting to counteract the huge oversell, and overreaction.......or is there something else happening?

The drop was a lot more extreme than other companies, but maybe the rise back could be just a swift and extreme?

What is the realistic bottom now with all that is going on in the markets?

Wildtiger predicted this drop to the 30s.

Will 35p be the bottom? and what tis the potential recovery over the next 6 months?

We now need to get a 100% rise just to reach virtually half of the value we were offered for a takeover two years ago....how can that even be.

I can understand how Trump's Tariff's are impacting the uncertainity of the global market, but I don't know how this relates to our SP.

I also don't know how before results announcement we were sitting at 73p and everyone was happy with the guidance of the results, then post results ( yes there were a few surprises but all in all - same debt, and in line with what was expected) and we are suddenly nearly half the SP .

It's such a dramatic oversell, but unfortunately where does it stop.

I can't get my head around it and based on this continued drop Wildtiger was probably right.

Director buy in the other day at 55p his shares are now worth 41p ....like WTF

Is that a £250k buy?

The only thing i will say is that it was 70p before results and for a week or so that was the support level, and now 47p

So it has dropped 30% already if you looked at this way.

Just depends which part of the graph you chose to look at as your starting point.

No probs. That clears it up

We never touched 30s last year?

The lowest we got to was around 49p - 51p.

You can see that on the charts.

Wildtiger, this isn't a personal dig, but when you call out that the SP is going to hit 30s before it gets better, I just feel there is a need to also highlight your other statements ( all of which took place in the space of 3 days)

Upon results being announced, this was your following posts......

*Glad I sold last week, back in again. This thing is wild!'

'Gambling sector (especially the luck-based games) usually do well in recessions. I can see this going back to 75 in a few months'

'Bought more at 50p (massively), very confident this will get back to the 75p level'

'Out with a small loss, i think this will end up in the 30s before any major bounce'

How would Trump's Tariff's impact a mainly UK & Europe betting company?

I'm just curious as to how that filters down?

Today I'm just happy to say a bit of green......if we could just not be in the red today, I'd take that

I'd take 110 all day long

I think I'm going to join him with another £5k and average down....gets my average to 60p....if we get back to 70/75p it will feel like a win

I'd say like us, he was probably averaging down.....some of his previous purchases were in the 80s, and I think at least one was over 100p

Is everyone waiting for 45p before they wade in again.

What really baffles me is there were a lot of people buying into this Share at 60p plus before the results.....even some big buys at 70p+.

With the instant drop on the day of the results and the consequent daily drops since then, are those people really selling at a loss? Are long term holders selling at massive losses?

It doesn't make sense to me who would be selling at such a loss.

And anyone who thought the company SP was a good price at 60p / 70p......why aren't they buying now in the 40s?

Lol we ll I'd say not all of the customers on the site are consistently losing money otherwise our results at the end of the year would be a bit better.

But yes, I know what you mean in terms of user experience, however their online element of the business seemed to be one of the bright points coming out of the year end results.

Can someone explain to me the RNS?

Did Per just get allocate a similar volume of shares, that he had previously bought? hence cancelling out some of his losses??

It would be some bounce back if we ever got back to 70p ( let alone 100p) from a low of 45p.