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Interesting to see how this transaction evolves.
https://www.morningstar.co.uk/uk/news/AN_1621280911189720800/press-phoenix-group-finds-buyer-for-european-business---sky-news.aspx
First target for me is 175 but will reassess along the way as catalysts appear ; reopening, dividend reinstatement.
I have been here since July last year so decent holding period.
WB....I quite like a sleepy board before all the to the moon gang arrive.
This should get a lot more profile, certainly in US, when / if the MCIT rule gets approved. See the RNS on 15th March. When the guidelines are finalized for the path to coverage that's really significant in my view.
I think the delay means the final rule’s effective date is May 15, 2021. The deadline of the 30-day public comment period was April 16, 2021 and I haven't seen any negative comments.
As more people move about looks like their business will pick up. They seem to have managed well through the last year.
Interested in how they increase North America penetration.
Listened to the last management presentation and impressed. Not too promotional and have a strategy to grow. Ticked up nicely from there.
Love this back to normality stock and so under the radar....8 posts since March. Low float. EPS, gross profit and margins all up just need to keep an eye on costs.
I have been sitting here since end of November and looking at the reopen plays benefiting.
Just watched an analyst interview - the guy on the interview was cautious about cosmetics exposure with rationale he thought the masks will still be worn so you don't need as much makeup. The woman analyst on the interview just looked at him as if he was an idiot.....make up is back irrespective of zoom calls, masks or limited return to the office.
Chart looks good. RSI getting up towards overbought but not there yet. Fundamentals are returning as vaccine rollouts continue.
Further details coming out on this and looks like four or more online sports betting operators will be allowed in the state after a competitive bidding process.
Also looks like bidders with existing relationships with NY state's tribal casino operators will be an advantage....DKNG and Flutter
Don't know they can say much with any conviction as I am assuming bids are being submitted to State for review and selection. They could issue a feel good RNS....good for the industry, options currently under review etc...Not sure that would do much for stock.
Personally bit disappointed with the limited selection of only 2 operators and suspect that means it'll be the larger players that get the licenses ala Fanduel, Flutter, DKNG....
Time will tell....if by some chance Webis do win one of the two slots......oh boy....
Pleasant surprise this morning. Volumes around 165K shares, which seems to be close to daily average although that is skewed by the large volume on 3/30 of 5M.
All in all very pleasant rise and happy to be here waiting for the fog to lift and opportunity dawn on the market.....then it'll get busy with the boom / moon brigade..... appreciate the peace and quiet
Agree Simon this is probably the best result we could have hoped for; multi skins.
Frankly I was worried it would be a single license to one of the big boys who could do it all and shut out competition.
NY model seems to be the outlier for other state adoption.
Mr Newsom you are next please.
https://www.google.com/amp/s/www.rochesterfirst.com/new-york-state/new-york-lawmakers-reach-agreement-on-budget-mobile-sports-betting-nursing-home-reform-and-more/amp/
If betting man....excuse the pun...then odds on NY mobile betting bill will be passed. State revenue shortfall too large. City is suffering with Broadway only just reopening after year closed, few tourists etc.
Question is only one vendor? If so, then Webis unlikely to be the winner imo but let’s see. Roll on CA.
Impressive results
https://investors.renalytixai.com/news-releases/news-release-details/multi-center-study-finds-kidneyintelx-72-more-effective-current
IG46 - Guilty as charged...took some profits from 2.50 buy in Jan. Risk management.
Just a little concerned there will be disappointment when the NY news is formally announced. Still have a full core position.
STP - exactly my concern as well for NY.
Cuomo is a tad hardheaded and can't see him changing his position on this. He is looking for a marquee name for NY...Draftkings, Flutter....and little old Webis isn't that. Curious what happens to Webis NY license if NY chose a single provider and Webis is left dancing alone at the prom.
STP - exactly my concern as well for NY.
Cuomo is a tad hardheaded and can't see him changing his position on this. He is looking for a marquee name for NY...Draftkings, Flutter....and little old Webis isn't that. Curious what happens to Webis NY license if NY chose a single provider and Webis is left dancing alone at the prom.