Member Info for superwhip

Looking at the merger interview report, what a nice suprise , with a healthy cash position and eur 194m clean EBITDA before synergies, giving 3.5x EBITDA, not having to worry about taking interest of EBITDA , take out the cash flow of approx £ 145m thats just prty cash flow , not sure of Bwin cash position , even so, that leaves an approx 3x EBITDA , makes them even cheaper than my initial valuation, very pleased with that, nice paste, GLA.

Netley, Only trying to lighten things up a little,no offence meant ,value your opinion,agree with your observation on sentiment,( a beaten up sector at the moment ). Looking back over the last couple of years prty has traded on p/e of 15 to 16 on regular stages, at times 20, currently on 2012 forecast of around 16 to 17 pence gives p/e of 10 to 11 (cant buy some utilities for that ). Dare i say ,if they retrace to test bottom 170 or below wilL be looking to top up , decent profits to be had even if 200 to 210 becomes resistance IMO, GLA .

HI all, Netley are you having a laugh or what ,"!going bust" LOL. Love it when the circus is in town and the clowns are around (The shorters), allows me the opportunity to buy cheap shares.Dont think its the merger the city dont like,think its more to do with regulating european markets, imo, .the whole sector has been weak , with volatility comes opportunity trade accordingly, GLA.

"Ouch that hurt".Imho the only doubt i had investing in prty was the lower lows.The trend is against us at the moment,a few large sells through the day followed by 258k&207k buys after mkt hrs . Will be keeping an eye on Ivalos downward channel 173,156 . This is not your run of the mill micky mouse operators leveraged with debt, with merger they are the worlds largest listed online gaming enterprise,combined revenue of £700m net assets £1.276m profits £100m prty cash flow alone approx £145m margins 28% merger savings £55m annually ,thats not including prospects of regulating us markets which if inacted could bring substancial value to shareholders (figures have to be converted to euros). As Netley says the smelliest ones are the best ones,if you can hold your nerve short term you will be rewarded overtime .Personally i will be averaging down when the opportunity presents itself .GLA,DYOR

Decided to buy into these purchased 6000 shares after missing the boat on imT, STAN,hoping a double bottom has formed , feel we must clear 210 before we are out of the woods. Dont feel there's much left for the shorters at this price.