forwardloop
23 Jun 2015
Re: info [link]
BuildersBum3
23 Jun 2015
Re: Good move Correction, point 2..I now understand that they both use the same game software, so their customers are already using the same platform. This makes a ready made integration of customer data and seamless cross marketing opportunities with a fast route to market, synergies, scale and cost savings.BB3
forwardloop
23 Jun 2015
info Among the mid-caps Ladbrokes has jumped 12.2p to 134.3p on news it was in merger talks with Gala Coral.
BuildersBum3
23 Jun 2015
Re: Good move I think it's a good move for three reasons.1. Plenty of cost savings for both sides by reducing the retail outlets where both have a presence in the same area.2. Software, Ladbrooks pay for the use of Playtech ??? and coral own their own far better software = savings and a more marketable offering to customers from the Ladbrooks side.3. Marketing, Coral have many brand channels that could benefit from the slick marketing that Ladbrooks can provide.Personally I think its a win win for both.Looking at 150p without a rival bid before details of the merge... possibly 160-180 upon detail without another party getting involved.Playtech?? could be interested in mounting a competing offer as they would surely loose the custom if they don'tBB3
pharmaspecialist
23 Jun 2015
Re: Good move I would be interested to hear any comments on the rationale for this merger. It would appear to me that combining two relatively unsuccessful companies is unlikely to create a successful one so the only benefits would be cash savings from economies of scale. Apart from this I can't see much strategic value to the merger but if Ladbrokes gets Coral at a knockdown price (which is a possibility) then it could be worthwhile to Ladbroke shareholders. On the other hand, I could see the strategic value of Ladbrokes merging with Will Hill (if the authorities allowed it) as the latter's operational abilities could then be brought to bear on Ladbrokes.
tullowtosell
23 Jun 2015
Re: Good move Ladsoral?
Enthusiast
23 Jun 2015
Re: Good move After holding them for years, Stonibroke would be more appropriate.
Oxtrader
23 Jun 2015
Re: Good move Bets on the new stock name? Galabrokes? x)
Frankers70
23 Jun 2015
Good move Well, an interesting development and Mr Mullen hasn't been sitting on his hands since taking the reins, that's for sure. A reverse take over would mean the loss of the Ladbrokes brand or no? Wasn't too sure on that front. Either way, I think it a good move for Ladbrokes which is competing on many fronts and generally losing the battles at present.I did say I may bale at £1.30 and my gut feel is that the price always retreats once the news is digested AND I'm holding a 14% profit since February! However, and I may get burnt, I'm holding for the city to digest the news as I think there may be more to come here over the coming days. We shall see. As ever GLA that are holding!
gamesinvestor
22 Jun 2015
Merger talks [link]
nk1999
17 Jun 2015
Morgan Stanley From ADVFN:"Shares in Ladbrokes rose 2.7% on Tuesday after Morgan Stanley upgraded the stock to 'overweight' from 'equalweight' and raised the price target to 150p from 135p."We see scope for forecast upgrades for the first time in years, both Digital and Retail have significant catch-up potential, Europe could be a hidden gem, cash earnings exceed earnings per share, and the valuation is cheap," said MS.The broker added that Ladbrokes has been a poor performer, but the worst may be behind us.MS noted that the stock dropped 40% over the last two years, while the stock price for William Hill has been flat, Paddy Power has increased 20% and Betfair has tripled.The retail division has suffered from a sluggish top line, weaker margins than peers, volatile sports results and duty increases, while the digital division has suffered from market share losses and a lack of effective marketing, the broker added.However, Morgan Stanley said the new chief executive officer can address most of these issues."With a fully operational new Digital business, and a refocused marketing plan, we see upside risks in the digital division, and expect the investor day on June 30 to highlight the scopefor the business in the coming years. We think there is also scope for cost savings in Retail, as well as some upside in the European division."nk
fabrav
08 Jun 2015
T/O Target?? There is talk on the Irish side of the Irish sea, that there are three parties sniffing around. Paddy Power is the least favourite in the three horse race. Next we have Dermot Desmond, he who sold Betdaq to Lads and the favourite is Boyles.Boyles are certainly putting it up to the Examiner, judging by the news reports!
Punilux
07 Jun 2015
Re: Guardian Article The correct story appears to be that Paddy Power is one of three parties interested in the remaining assets of Ladbrokes Ireland which is presently in a form of receivership. (Bill Barber - Racing Post today).
nk1999
05 Jun 2015
Share Proph view "Ladbrokes (LAD): Island Reversal Could Lead To 145pIt almost goes without saying that most of us would do rather better taking a punt on shares of gaming groups such as Ladbrokes or William Hill, rather than using their services. This is especially the case in the recent past as can be seen on the Ladbrokes daily chart where there have been some very interesting and helpful technical moves. The end of the recent bear run from the summer of 2014 came with an exhaustion gap towards the 105p level at the end of March, quickly followed by an unfilled gap to the upside through the 50 day moving average at the beginning of last month. This was a very high profile charting turnaround, as the unfilled gap through the 50 day moving average completed an overall turnaround which is one of the strongest in the book, a so-called island reversal.Ladbrokes shares built on this rampant behaviour by breaking back above the 200 day moving average now at 116p, via an extended move higher. The fact that the push north has been achieved without the need to retest the 200 day line of support so far would suggest that we are looking at a likely sustained turnaround, one that could lead fresh gains. The favoured upside at this point would be the top of a rising December price channel at 145p, a level that is anticipated at least while there is no break back below the 200 day line. The timeframe on such a move as the next 4 to 6 weeks."
Hawk Eye32
04 Jun 2015
Re: Guardian Article Bought into these about 2months ago @ 1.12 received div. of over £350 plus 10 pic growth, took the advice of Bearbull in IC. Has worked out quite well at least I think. Am thinking getting out before review.
