Re: Hello Could be a special dividend this year given the refund
Hello HiJust wondering if any PI's are out there.BOTB passed across my radar last year and the business model with the online focus looks appealing as does a prospective 5%+ yield. Downside is a 75% management ownership. Like management involvement but would prefer something beloe 50%#Deep
Remote Gaming Duty. Based on the trading update & indication of likely earnings of around 11p per share post duty,a share price of around 160p seems more reasonable as growth expectations appear modest.A possible refund of VAT of around £4m which could be returned to shareholders might give some support but these things are never certain.
Re: online sales growth Another note from finnCap: "Harold Evans summarises his initiation on Best of the Best (BOTB), which operates competitions to win luxury cars and other prizes, both online and at retail locations. He explains yesterdays preliminary results, identifies the companys differentiating qualities and outlines its growth opportunities and the implication of these to our forecasts." scraped this from Research Tree
Another note from finnCap: "Harold Evans summarises his initiation on Best of the Best (BOTB), which operates competitions to win luxury cars and other prizes, both online and at retail locations. He explains yesterday’s preliminary results, identifies the company’s differentiating qualities and outlines its growth opportunities and the implication of these to our forecasts." scraped this from Research Tree
online sales growth Note out this morning by finnCap:"Best of the Best (BOTB) operates competitions to win luxury cars and other prizes, both online and at retail locations. Limited competition, barriers to entry and BOTBs focus on cars have helped the company become the market leader in the UK. We expect these factors to remain relevant as BOTB continue grow online (FY16: +41% y/y growth) beyond the £7.1m, which online sales currently represent. This growth and shift to online is significant, as it increases BOTBs ability to scale, benefits the profit margin and furthermore ..."It's taken from Research tree
Note out this morning by finnCap: "Best of the Best (BOTB) operates competitions to win luxury cars and other prizes, both online and at retail locations. Limited competition, barriers to entry and BOTB’s focus on cars have helped the company become the market leader in the UK. We expect these factors to remain relevant as BOTB continue grow online (FY16: +41% y/y growth) beyond the £7.1m, which online sales currently represent. This growth and shift to online is significant, as it increases BOTB’s ability to scale, benefits the profit margin and furthermore ..." It's taken from Research tree