Member Info for Newbieinvest

Ryanf....what an odd statement?

I have invested exactly £24k in this stock at an average of 55p.

I bought originally at prices of 58p, 60.8p, and 76p.

The share hit a height of 123p shortly after i bought at these levels and then they turned down an offer of 156p per share.

The share price then crashed for various reasons and I bought in again at 40p and 48p, in an attempt to average down as I still seen legs in this share to potentially be in the high 80s / 90s.

The price went up to 70p and I sold some of my holding .

I still have £20k in there which is now showing a minus figure of nearly 60%. T

The share has went from potentially doubling my money, to more than halving it.

What would you suggest I base my positivity on? When the best possible outcome now is that we sell the business for around 65p?? And that is about 100/1 shot .

The other alternatives don't look great, unless you have some greater insight?

The revival didnt last too long.

We were 73p only 4 -5 month ago lol

£300 mil buyout would only get us back to 65p a share.

I'd break your arm off now for it, but it's nowhere near the 125 - 160p i was looking at only 2years ago when Kenny Alexander and the boys were attempting a buyout which was foiled for legal reasons.

Wolfman - they turned down £750m when the share price was around 125p.

Surely we would not get as high as £500- £600m when the share price is sitting at 24p?

What do we think this means? IF they could get a willing suitor to purchase the whole business what would be best case scenario for shareholders?

Also, if they sell off Italy, or other parts of the business and retain a part of the business....what does that look like for shareholders?

I've never been part of a company in this situation before.

Amers - I was a little surprised by this post.

As other people have mentioned I was happy you were posting positively and I've been happy with the SP movement over the last month, but if I'm being really honest I got the impression from your posts ( predictions, and suggestions of you might know or not know) that you knew David Nugent a lot better than a brief conversation with him at the first GM.

It does concern me a little bit this, as I think a lot of people on this board might have been thinking like myself, that you had much greater inside track on what was happening and what was being planned.

Even this week / last week you seemed to be providing assurances that the loan agreement would be signed when others were nervous, but I'm not sure how you knew this for certain without having that relationship with DN or anyone else on the board.

Anyways, not having a pop, just an observation which has surprised me a little.

Back to the SP - really looks like we cannot break free of 1.15p unfortunately......I like many others could do with seeing this hit 5p again.

For what reason? Lol

What has happened today?

There must be something esle coming that we are not aware of.

What news could possibly be filtering out every day for people to continue selling at losses. I honestly though the majority of all tha BS from the budget had been built into the price on the day of the budget

well that bottomed out comment aged well........we are ****ed

Where is Mary.....she always used to make me feel a bit better on this board.

Anyone with any detailed insights and thoughts believe that I can get at least my 55p back?

Would the only way be a potential merger or buyout?

twice I have been in good profit with this share and not taken it, mainly because they turned down 156p per share only 2 years ago, so I believed we had legs.

This last 9 months have been as bad as I've seen in terms of a consistent drop in SP on a weekly basis.

Can you imagine the rise on this SP with all of these RNS if this had of been 2 years ago?

in 2023 we went from 9p to 34p in a couple of months on less news that this.

Really is scary to compare where we are now, and the little movement any positive RNS has.

To think 2 years ago the board could have taken 156p per share and some of us that were in at 80p or below could have run off into the sunset.

Seems like I've been averaging down ever since ffs.

now an average of 55p, but I do not have the confidence to average down again after yesterday's budget, and Per's update

So many of the directors are bound to be heavily underwater too, as well as Long term holders.

Was never going to bounce after that bloody RNS

What do investors think of that RNS from Per?

After a turbulent day I’d have been looking something a bit more positive in terms of how they can mitigate, rather that essentially repeating the threats that the gambling companies made before the budget to try and influence Rachel Reeves, which ultimately fell on deaf ears, and made no difference

Feels like a case of repeat the same thing and what, she’s going to change her mind because of job losses, tax revenue loss etc

Surely the company know by now she’s not that bright, and she’s not going to take any notice

Elmo....sorry yes your righth Flutter's business has only 23% of revenue in Uk.

But still going to be a negative impact on their UK business rather than a positive however I do understand the scale and how important that metric of geography is.

An Entain's is around 35- 40%

Entain also made a loss of £461m in 2024, and in H1 2025 made a loss of £116m after tax.

Our results were a lot more positive than that for H1.

They also have a net debt position which has increase from £2.7b in 2022 to £3.3b in 2025.

Are they really making much headway with their net debt position in comparison to Evoke?

I understand our debt position is significantly more distressful than Flutter, but their exposure and reliance on Online is huge.

And their taxes should be seeing a serious increase however their share price has reacted positively to the news

For the full year 2024, Flutter's operations were primarily online, with revenue segmentation in the following product categories:

56% from sports betting (largely online)

40% from online gaming (iGaming)

4% from fantasy sports, horse racing, and other activities

Entain's online business is estimated to be around 75% of their revenue, again they should be strongly impacted, but share price is up 4%

Our online business is only 38% of our revenue, which is large yes, but nowhere near as exposed in terms of % as the two big players.