Member Info for Pmoran1969

This is the company saying hey if there are problems in the way unscrupulous factory owners operate and that can affect us then we will fix it by building our own. It’s also a way of saying to manufacturers hey we know you are unscrupulous and we know we appear to be distancing ourselves from you but don’t worry we have a plan whereby we can bear some of the fixed costs for you and you can still make stuff for us and still make a profit. And I also think it’s the company saying hey if we have to start manufacturing abroad to keep costs down we will still retain some uk manufacturing that we will have some control over so we can still react quickly to market trends, and we can keep supply going while we wait for the boat to arrive from Vietnam, China or wherever. In other words they are telling customers, suppliers and investors don’t worry we will do whatever is necessary to continue to do what we do so we can get the share price to £6 and get our bonuses!

Wmh is stuck in the mud a bit laltely. If the California vote had been signed off for this year that might have provided some upward momentum but i think whats holding us back currently is the level of uncertainty out there. Covid phase2, recession, demise of the high street etc. Hopefully the trading update in august will provide some clarity as to the effects of covid and an early indication of how sports behind closed doors is doing. I hope its positive news as that might be enough to give this share the shove it needs. Im here long term and see the usa as a major positive for wmh and i see this being a solid dividend payer and grower in my portfolio. My only real.comcern with this share is whether somone will come along with a cash only offer thus robbing us of the expected future growth.

“Try one of the miners boards........this board is for blouses”
Yeah and there’s some proper big girls blouses on here too! There’s one 56 year old bloke who is only 29, has an IQ of 64 and who started investing in Costco when he was 12 who will, if you ask him nicely (or even if you dont), predict what the boo share price will be today, tomorrow, next week and beyond. You should sell all your gold and follow his sage advice and this time next year you’ll be millionaires!

Have a look at the top line menu. There’s a share chat option and under the general chat column there’s a category for commodities and mining. You’ll find a general gold thread in there somewhere. My only exposure to gold is through mining and I don’t follow or hold a view on the gold prices so can’t help there. The only view I do have on gold is that it doesn’t pay a dividend and anyone/thing that doesn’t do that now or look like they will in the future has to work very hard to get into my portfolio. I’m only in boo because I thought they were way oversold on the strength of the recent news articles and haven’t decided what my long term position is with them yet.

Two market makers stand either side of the tree trunk, grab hold of it and then push and pull vigorously thus shaking the top of the tree from side to side!

Knowbody, not sure you,l see this with how busy this board is but here goes. On the top of the page there are three tabs titled regular share chat, premium share chat and filters. Click on the filters one and a box will open where you type or cut and paste their nickname. Job done. Cheers

I purchased boo yesterday at £2.63 because I saw it as an opportunity and thought it was oversold on the basis of the news articles. Time will tell whether I am foolish or not. Personally I’d be more worried if influencers and film starts started wearing wooden clogs and shirts made from hemp because they wished to eschew throwaway fashion and anything made in a sweatshop. When tiger or Rory go back to wooden golf clubs handmade by craftsmen and reject their sponsors footwear because the kid in Indonesia who made it is paid 30pence a day and when there are no queues outside primani then we have a problem but until then I’m not sure all this is as bad as it first appears. If amazon wish to remain sat on the back of that rather high equine beast they are on their product range is going to be reduced somewhat given the amount of Chinese manufactured stuff they sell (How exactly do we think that is made?). And the next lady who delivers the clothes next make in India rather than Leicester isn’t paid £8.72 per hour she’s paid an amount per parcel delivered. When the guardian find the poor woman who sits in traffic for hours and has to walk up 6 flights of stairs to deliver a T-shirt because the lifts aren’t working again and calculates that sometimes she only gets paid £3.75 per hour next could well find that they are next. Anyway I’ll have half an idea in about five minutes what mr market thinks so let’s wait and see.

John Lewis, ssp (upper crust and co), easy jet and Ryan air have all announced considerable job losses in the last day or so. Other retail companies will surely follow along with car manufacturing and sales and more than likely a holiday company or two. We are about to hit some rather rocky times and demand for goods and the associated sales outlets, logistics and warehousing and to some degree manufacturing will all be affected by it, I’m sure there’s a desire from the parliamentary group responsible to hammer bookies as part of a gambling harm reduction strategy but this needs to be balanced with the overwhelming desire to limit job losses if at all possible. When shops start to close on the high streets news articles won’t be talking about the evil betting shop closed as well as boots and costa coffee they will be talking about the further decline of the uk high streets. I still remain convinced that there will be some requirements for bookies to further support gambling harm reduction but I don’t believe there is an appetite to bring them to their knees simply because of the effect this will have with job losses within the industry and also within the horse racing industry itself. Bookies need football as it’s their single biggest betting market but horse racing is a big chunk too in second place and horse racing doesn’t survive without bookmakers who pay a levy to horse racing and sponsor the vast majority of racing which is a big employer especially in rural areas. Ultimately the sitting conservative government has an 80 seat majority so when the chips are down I predict plenty of nice words about bookmakers needing to be responsible, possibly some token additional levy or tax and the cross party anti gambling group sent on their way to address the loot boxes issue etc. After all the single biggest betting event is the lottery with its six draws a week, scratch cards for every taste and a 16 million to one chance of winning 3 million quid and nobody wants the bookmakers to start screaming about that nice little earner. I don’t expect it to be easy for William hill to conquer America and grow profits in the uk but I do expect them to do it and I do expect the share price to reflect that in time. I accept of course that we might feel like we’ve had a few goes on the Big Dipper by the time we get there.

Cj, I have been a holder of William hill for a long time (Circa 2010/2011) and with my dividends reinvested at pre Covid share price it didn’t owe me anything. It remained in my portfolio for the dividend (which I will eventually take as cash one day). When the share price tanked in March I was still happy to hold safe in the knowledge that it will bounce back. When the price started to move back up and Fred Done has his wallet out I jumped in to bring my average share price down as I still believed in wmh long term but was a bit concerned that they might become a takeover target and even an offer significantly above the so at that time could leave me exposed. By now I expected to be sitting on a nice profit and to be congratulating myself on holding vastly more shares than I did previously which will pay me an even bigger dividend in the future. I wasn’t intending to add to my holding but jumped in at 116 the other day because I personally didn’t agree with the sp and maintain that the 150 to 200 range is where they should be when the dust settles. When they immediately rose to 121 I was happy to further congratulate myself on being a clever boy bordering on being an investment guru! My point here isn’t to suggest that I am any good at this game (I purchased centrica and marks and Spencer’s in January because any fool could see they were going to turnaround and be a nice little earner for me this year!) but to share what I did with wmh and why. However this share price behaves I will sleep easy at night because I still think wmh is a decent company that will pay a decent dividend and their America plans should in time price to be a nice chunk of icing on the cake. However if I had borrowed money to do any of what I had just described or if the money I had used was something I might want to have access to in the next 5 years or so then I would currently be sat rocking in a corner smoking and drinking enough to boost my holidings in Diageo and imperial brands! It will be so much easier to say to yourself in 18 months time ‘if I could turn back the clock I’d have borrowed £50k to buy wmh than it would be to experience the ups and more importantly the downs while being in negative equity and having to repay a loan with interest. Don’t do it and kick yourself later for not having done so rather than the possible alternative.

Sholpibabe, I used ro hold greeneking and when they were sold last year i reinvested the greene king profits in marstons (every portfolio should have a pub. Lol) and was happy to pay 108p per share at tbe time. I purcbased more marstons at just under 60p recently to brimg my average cost per share down. Im a buy and hold investor who looks for a decent dividemd with possibility for growth. I recognise that the matstons balance sheet wasnt the prettiest and the pub industry faced challenges but when i bought marstons i was happy to do so and im still happy to hold. The carlsberg deal is positive, the post covid world is a concern but i still reckon this share will pay me a decent enough dividend and the sp will grow beyond my original 108 purchase price. How high might it go? Havent got a clue just as i have no idea what the sp will be tomoorow or next week or the tuesday after christmas but im sticking with it umtil somethimg happens that suggests i shouldnt. Thats my 2p worth.

If I’ve understood it correctly their holding went up from 2.9% to 3.17% on 18th June and now it’s gone back down to 2.6%. Maybe they purchased some of the placing shares and are just rebalancing. I doubt there’s anything to be read into about it though. If I’ve understood the rns correctly that is!

Lufc52 Ik is there’s been a recent report suggesting that BAME people are affected more by Covid 19 but to suggest the virus is extreme right wing enough to be renamed combat 18 is a bit of a stretch! Lol

I like house builders, lse is set up so that individual boards relate to individual shares. Most of the discussions on each board are therefore unique to that boards shares. If you are looking for general investment ideas elsewhere on the web you’ll hopefully find something. Personally I’d search for “what should a balanced portfolio look like/contain” although youll have to decide if you want to hold bonds/gilts (most model portfolios will recommend you do) or be fully invested in shares. When I first started taking investing seriously I did a lot of research and read a few books. One of the most useful things for me was to understand the difference between unit trusts and investment trusts (I’m a fan of the latter) and which investment trusts were focused on growth and which on income (lots of info about dividend hero’s and growth hero’s in the general uk pressed online). I hold several investment trusts especially to get exposure to emerging markets, Europe and USA but also have some uk focused ones that are focused on both income and growth. However I also hold individual shares chosen based on. My own assessment/belief about their prospects. Initially I put my faith in the investment trusts I chose and used my direct share investments to ‘dabble’. Now I have a portfolio of trusts and shares with dividends set up to be reinvested automatically which are a mixture of income and growth and has exposure to emerging markets us and Europe. My personal philosophy is to buy a share and hold it rather than trade excessively and one of the things I found helped me when I started was to seek out the best investment trusts that focus on say income, check them out on trust net, establish what the top holdings within that trust are and then research the companies to understand why. There are also share screeners available online where you can set parameters and be presented with those shares that meet your criteria which will help to establish your list of possible companies to own. I mooch about on lse for stocks I own and those I’m interested in but don’t comment all that often but the one key piece of advice you should take note of is to do your own research and not get swept up by the excessively bullish bearish views you come across on any chat board, on here or elsewhere. Hope that gives you something to think about. Good luck.

Fairdealer, I think you are right to point out that the pub industry was suffering pre Covid but I believe this was priced in and at £1.20ish per share that was a fair price for Marstons. The fact that the new normal for pubs might affect the important foot fall and food factor and in turn this will affect overall turnover, profits and share price is a concern. The deal with carlsberg should be a positive but there’s possible closures to be concerned with which is a negative. All things considered even if the new fair price for marstons is 15-20% below pre Covid prices leaving us at 95-100p it still means we could, and in my humble opinion should, see a nice rise in share price over the coming days/weeks.

CJ, I hope you are right about the share price moving but what would you do if they reached £1.80 to £2.00 in the next few weeks? I’m just interested to know what people’s views are. Personally I’ve held William hill for a good while and with divis reinvested they didn’t owe me anything at the pre Covid price but I still intended to hold long term for the dividend and the expected expansion into the USA. When they started to pick themselves up from the 30p lows I jumped in and brought my average cost per share down so at current prices I’m in a similar (slightly better) position to the one I was pre Covid. I’m still intending to stick with them long term on the basis of the expected USA expansion and my belief that even with political or regulatory interference they will still continue to make a profit, pay a decent dividend and grow the share price at a pace that won’t upset me. I’m sure there will be many who purchased at sub 90p who would happily take the profits at a given point (a bird in the hand and all that) and I’m sure there will be some who won’t be prepared to weather the ups and downs in share price that uk political /regulatory pressures or USA expansion (with its own regulatory and political challenges) will bring in the future and will take the profit at some stage when we hit a downturn. So CJ and anyone else who wants to share where do you sit on this?

I’m not sure the all party parliament group have quite the clout they think they have anymore when it comes to the gambling firms. We are about to enter a recession and no one really knows how severe it will be. No matter how evil and responsible for all of the countries woes gambling firms are perceived to be by some politicians horse racing as a sport cannot exist without them. And horse racing is the second biggest spectator sport in the uk, it contributes about £3.5 billion to the economy, a vast amount of it in rural areas and although I can’t remember the exact number there’s about 8000 people employed in racing and at least twice that whose livelihoods depend on it. Now I know that minimum fobt stakes in the shops or casino games online have little to do with horse racing but actions that force bookies to close shops or tighten their purse strings regards sponsoring races and associated prize monies or advertising and associated revenue for race courses will have a serious knock on effect on the racing industry. I’m not sure the government will have the appetite to deliberately cause job losses at bookmakers and across the racing industry Just because a small percentage of people abuse the gambling process. I wouldn’t be surprised to see stricter control around advertising, stricter control around spotting customers with problems and assisting them and requirements to stump up more cash for addiction programs etc but I seriously think there will be lots of noise about terrible gambling and how it will destroy us all from the cross party group and a back room deal to placate them whilst not really affecting the businesses too much. That said I am the glass half full type who really did think my 33/1 shot at Ascot today had a chance of making the frame!!

300zx. Had your post of 10th June suggested that the share price would go down because some of the 30-100p buyers we’re going to crystallise some of their profits maybe I’d understand but to suggest that people who bet won’t bother doing so when sport returns showed a certain lack of understanding of wmh’s customer behaviour and also of the expanding market within which it operates. Had you suggested that the placing is likely to result in an initial reduction in the share price reflecting the discount at which shares were placed I could see your logic but today you merely stated today that wmh is down compared to the ftse250 being up and that fluttter was also up. You’ve made no comment as to why you think that is. Sure people will have different opinions and they will interpret data differently but sorry mate you either currently fall into the category of a broken clock being right twice a day or you’re the winner of Steve395’s special Category of ‘lacking grey matter cells‘. Sadly I have also made a guest appearance in said category for not following his advice but I’ll do my best to avoid replying your posts in future! P.S the winner of today’s ever the optimist category goes to CJ who was after a £1.50 opening share price but don’t worry CJ I’m sure you will be receiving the prize in the ‘price is right but predicted it a tad early’ category soon enough!

I'd like to think that shops opening, royal ascot and football coming home (sorry could t resist it) will see a nice increase in turmover and if results go the right way (a few losing favourites) a better than expected profit to boot. This wont necessarily be reflected in the share price straighr away though but the sight of shops with fobt machines permanently in use and generally published info such as total amount wagered on x game or y race will hopefully result in more buyers than sellers. However I do think wmh is now at a more mormalised price and so we will see it rise and fall in line with the market to a degree albeit with a general trend upward. Im not expecting to see big daily/weekly gains unless fred done does more buying. I reckon we might well see £1.70 (or even £2.00+) but this year not this week. Id like to be very wrong and see £1.70 by Friday and £3.50 by the time we kick off the new season but slow and steady is my prediction and id be quote happy with that.

Anyone who has held William hill for a while who has used recent low prices to bring average cost per share down will be glad to be at £1.40 and showing profit for the first time in a good while. I am one of these and I’m happy to remain here well beyond £2.00 per share even though it could be a while before we even see that. I’m sure there are people who got in at 30/40/60p a share who will be more than happy to take some or all the profit at £1.40 upwards and I’m sure when we start to see regulatory pressure again in the uk some people who are in profit will bail. Long term I predict a nice rise in the share price with a steady solid dividend but I have no doubt it will be a somewhat volatile ride at times. For now though I am finding it easier to hold this share 3 months after the initial Covid hit than I was 3 months after the initial fbot hit!

Unlike some of the boards on here I find the William hill one usually has opinions worth reading regardless of if they are the same as mine or not. Once in a while someone offers a fine insight be that into the state of the us betting market or an opinion as to what Fred Done is actually up to. But only once in a blue moon does somebody offer up in one sentence a view which is concise, accurate and with which I wholly agree. Steve 305, you are officially promoted to legend status my man!