The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
As long as the shops open this will be fine. People will be smashing bets on over the coming weeks online as football resumes. The only slight worry would be the format of the shops when they re open. E.g. No sitting in there to watch the races etc.
The whole ftse 250 tanked, not just WMH. Oil related. Good opportunity to get in at around 1.50.
Dont get too carried away with US potential. WMH were one of the first UK bookies to enter the US market and its not been earth shattering. Their online presence in UK is weak compared with other competitors, proven bythefact that they make more from betting shops. A lot bigger players getting into the US market now with much more resources available. There's also a lot of red tape and expense involved in th US market. I would concentrate on the UK shops staying open, as that would be a big issue if they close again. That said 190 by year end is doable.
Totally depends on the market really. Hopefully 170 +
It was priced in. This rise is in line with the rest of the market. We'll see high 40s again. Don't rush into buying at this price.
Yep. Who knows.
What positive events will lead to a higher price please?
Yep, 140 is realistic. Football is returning but numerous events have been cancelled / postponed including the euro's, GN, Olympics. These are massive losses especially the euro's which is more popular than premier league football. USA is also in early stages and isnt as popular over they as expexted.
170 max more likely. Wasn't £2 before covid
Unlikely.
It jumps when the return is confirmed, not when It starts on TV. Look at the bundesliga. It jumped on the news, not when It started on TV.
Already priced in.
End to the day. Hopefully over 140 by end of week.
Betting shops to open in time for ascot and looking like the premiership restart will be announced this week. NASCAR and MLB confirmed in US too.
£7 was a massive over reaction. Some good CLEAR news on the travel quarantine is needed now to push this up. Any bad news Thurs will see this drop into the 800s
Half year results on 14th may. Can't see anything positive being reported