bankmuppet
22 Oct 2015
Re: Going well....... At this rate we will be paying for the takeover!!
bankmuppet
16 Oct 2015
Going well....... Well, maybe not as we are now back sub 110p. GVC also down and as the two are now linked, no surprise there. Bet, no pun intended, the 888 board are having a little smile to themselves as they wait to be taken over or takeover. Still not certain this will get over the line and if not, down to 60 -80p range. 130p seems a long way away now.
Gotnorolex
04 Oct 2015
One Giant Leap for PartyPoker? One Small Step for PokerStars, and One Giant Leap for Online Poker![link]
bankmuppet
10 Sep 2015
Ex-Div Today Hence the drop, but at least GVC seems to have settled at 400p give or take. Given we were looking at 130p per share (mixed), disappointing to be looking at 103p. Directors' buys the other day looking iffy already.
Gotnorolex
09 Sep 2015
What now 888 Oh Sir Jasper, 888 times LMAO !“Oh Sir Jasper do not touch me,” sings the coy maid in the first verse of the bawdy rugby ballad. “Oh Sir Jasper, do not touch” she sighs in the second verse; “Oh Sir Jasper do” is all she can manage by the fourth; and “Oh” by the last. 888, the betting business, seems to be singing from the same sheet.Days after losing rival Bwin.party to GVC, 888’s chairman Brian Mattingley, says: “888 is not a target”. GVC’s purchase of Bwin follows the pairing of Ladbrokes with Coral, and Betfair with Paddy Power as the gambling industry consolidates and arms itself against rising taxes, costs and regulation. 888 is beginning to look lonely.In February, 888’s owners spurned William Hill’s offer of 203p a share demanding £3. Shares in 888 are barely 165p now and the odds are that William Hill will come calling again. If so, the response from 888 this time is more likely to be a breathy “Oh, Sir Jasper”.[link]
bankmuppet
08 Sep 2015
Re: Directors Buying Good sign that they think the deal will go ahead. Let's hope they are right.
dave297
08 Sep 2015
Directors Buying Interesting to see 2 Directors buying 150k of shares ahead of being Xdiv(10/9) & ahead of the deal.I hold GVC & considering buying in here as a "cheap" way into the merged entity- & the divi of 1.92p is better than nowt,assuming the SP stays at similar or higher levels.
bankmuppet
08 Sep 2015
Re: 101p He may have as this business is so complex and open to external factors. Just read the full annual accounts to see the legal issues that could come back and bite them in the .......That said, the advisers will have done all their due diligence I am sure!!
Gotnorolex
08 Sep 2015
Re: 101p I see Kenny Alexander of GVC as a Sorrel of the British Gaming industry and has won the chance to prove his mettle! We'll soon learn if he's bitten off more than he can chew!
bankmuppet
07 Sep 2015
Re: 101p I hope you are right, but with only 10% of votes secured to date, 75% still looks a long way away.
Gotnorolex
07 Sep 2015
Re: 101p Deal Done! but not the most decisive board of directors that caused it to fail in the first place!
bankmuppet
07 Sep 2015
Re: 101p 888 got their £5m break fee and are probably laughing at this mess. Probably waiting for the Board to come running back as I am not sure they have the 75% support needed to get this over the line. If they can't, this is going down to 60p or thereabouts. Failure is not an option, or it is not going to be pretty.
RAConnell
07 Sep 2015
Re: 101p So current offer price valued at 119p. Where are you 888? Waiting for a bargain?Cheers, RAC
bankmuppet
07 Sep 2015
101p Just gets better.
bankmuppet
07 Sep 2015
I was right. The Board has snatched defeat from the jaws of victory as GVC tanks. You couldn't make it up.
