Member Info for Thunder2040

The property alone after debt is more than double market cap...so if you like the beer or not, it's still too cheap on a sum of parts.

This is the most undervalued UK share I know of. Trading below 0.3x NAV with FY23 disposals going for 39% above, plus the Carlsberg JV and a profitable trading business. gets taken out soon.

If the board can stop of bleeding and get it to break even, this will get taken out at £10+ If it continues to make losses it will be taken out of admin..next trading update critical

I think the CEO definitely kitchen sinked the last results and hit reset..but I could not fathom the free cash outflow given some exceptionals were none cash, are they just taking new stock on less credit?

Me and my big mouth

Up 5% on market down day...

Resilience is my first thought. in a downturn people will go for cheaper clothes..CEO Primark experience is starting to become clear...over 5% short...not sure they get a cheaper price to close, expect this to double within 12 months

Games or not this is undervalued..how has a peer been priced at 15x earnings yet this at 8x with profit forcast at top end?

The machine mix and numbers is prob better than sports betting...was stated that mix of machines was key to Bingo sites being profitable..wonder how quickly they can make the updates on the gaming floor

Gaming machine mix type and total machine numbers both improve for casinos and bingo..sports betting, potential cashless plus other games and a levy that will likely be skewed to online...this could double in 12-18months imo

https://www.thetimes.co.uk/article/gambling-reforms-will-hit-online-firms-but-relax-rules-for-casinos-sbc2nbb35

Mad how slow this has been to move given the white paper is coming

You are an idiot, you were warned.

Please look at what you are buying here, balance sheet is very poor quality, lot of debt too

Why you calling it a devi..it's divi. You are entitled to your own view but too many red flags for me

Balance sheet is garbage imo, too much intangibles and debt..not for me

Something does not stack up here, no one buying it implies something more too this IMO

Why did they take a loan to issue dividend, can anyone answer that if true?

And they wonder why no one is listing in UK anymore, this is daylight robbery, not impressed at all.

Very strong trading update - if the white paper due any day has the reforms for land based casinos we expect this should sail back above £1. Net cash excluding lease liabilities too...expect this to get moving now