Member Info for Wisdom1234

Companies with more cash. Can buy evoke and pay chunk of the debt. A Few could do it.im sutprised flutter and entain not all over this. Flutter could rrally strengthen its posution in italy and uk. Europes top markets

Not looking good here

At these levels worth a punt. Even if ballyd back out i refuse to believe someone else wont offer at least 50p. Anyone who can buy and remove a chunk of the debt is getting a very good business at a discount rate. Worst case they can go back to selling the italian business to meet debt obligations in 28. Yh not ideal to sell best part of business but either way i dont buy the ballys or nothing narrative. Plenty more options on table to see this get back to at least 50p

Yh this doesnt look good. No other bidders? Do i sell now for loss? Cant beleieve for years ive been stuck in this while US stocks flew reaching unreal highs. What a plonker. Sometimes have to hold hand up and say this was a terrible investment decision. Was clear as day it would hit trouble. Company with so much debt whos main market is in a nanny state.

We gonna need ut. Could the last min delay be that they needed to nclude potential exposure to legal claims regarding payouts.

Yh think i gonna take my losses here. These saps havent managed 1 solitary deal in near 3 years. Only lost deals in that time. For now people prefer some random bloke with zero vetting on a bike delivering thier slop. Gosh all the ai wave and random blokes on bikes the answer for food delivery. People are very trusting. I wouldnt be trusting my families food with random strangers.

Dowm she goes again

All eyes on the debt. The saps shuda been able to decrease it a bit. If its increased which wouldnt surprise me since per on charge then that 50p offer the best we hope for

Also they have constantly lied. April 23 accounts they said in 2 years they expected 2 billion revunue and esrnings 35p per share. Then per came in selling this value creation plan. Kept pushing jt back. But like i said they kept saying we were on track so next week should show that otherise as i said its been one total big screwjob

I knew buyjng wh was a mistake but i figured they had some sort of reasoning for buying wh or a plan for the debt. Thier stupidity took me by surprise lol

85p. Bought in early 23 around 95p Averaged down a few times now around 85p average. Could habe averaged down more but i fear equity wipe out is very real here. Looking back it was a very stupid decision to invest esepcially at that price. I thought theyd pay debt down and equity value would invrease dramatically. How wrong i was. May have to takw my medicine

I just wish i averaged down enough at 20p so i could have sold now and been out of this nightmare still ntact. Im down so much now i mayaswell wait and see what happens. But i fear a screwjob and potential equity wipeout

Yep. Market smelling a rat. This sale not happening. 100%.

Very big sales hitting this now. Big boys getting out. This has all the hallmarks of a screwjob. No way thjs sale going through

What about the impending legal action regarding payouts due to glitch. Its making national news. Either way not likely to do finances any good. Gambling commission may get invovled to. Cant help the bidding process surely.

Per increased debt. Left usa. Spent fortunes on stupid marketing. Upgraded gaming machines in shops they are going to close. It has just been a disaster. How diffeeent could have been had kenny and co got in. Poxy gambling.commission put end to that and goverment taxes final nail.

They kept saying they on track for thier poxy value creation plan and new taxes shouldny affect next weeks accounts i am expecting to see a big reduction in debt on course for that 3.5 ebidta they kept banging on about. Otherwise we have been had

Why did i invest in this crap. Not only am i going to make a loss my money was tied up for 4 years while i could have been put to such better use. Now they making us wait in suspense for the hope of 50p in some crap shares in a crap indebted company listed in athens.

I refuse to believe after 4 months of being up for sale this is the best they can come up with? its one of the biggest gaming brands in the world going for sale on the cheap. how can ballys be the only interested party? even 1 £1 a share this would be a very good deal. 2.2billion for these brands is still very cheap when compared to other deals in the sector

This deal seems very fragile. cant believe no one else interested. would have thought with the taxes having a large uk operator who can gain market share would be valuable. entain? paddy? boylesports? someone? a total utter disaster. per has been a disaster with his value destruction plan