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Looks to of done well of late now 2644 zar ( SGL ) Maybe better idea of progress looking at the ADR SHARES ( SBGL ) They represent 4 shares and are $7.15 today last time as high as this 15th May 2017 .2 years 5 months on 8th May 2017 $8.14 .. All time high $18 July 2016.
Nothing on Digi .. or ii must be all with S.. ( trapped )
Investors are betting that the FTSE 100 gambling giant behind Paddy Power and Betfair will succeed in merging with Stars Group – the Canadian owner of Sky Bet – in a £10billion deal. Hedge funds have placed bets of £250million in recent days against Flutter Entertainment in an effort to cash in on its all-share deal. Short positions in Flutter – which has a market value of £5.9billion – have surged to an all-time high and now represent nearly 5 per cent of the company's shares, according to the Financial Conduct Authority. This is up from just 0.59 per cent three weeks ago. Bet on success: Investors are betting that the FTSE 100 gambling giant behind Paddy Power and Betfair will succeed in merging with Stars Group +1 Bet on success: Investors are betting that the FTSE 100 gambling giant behind Paddy Power and Betfair will succeed in merging with Stars Group Short-selling experts told The Mail on Sunday their bets were what is known as 'merger arbitrage', where hedge funds look to profit from mergers through complex trading tactics. As Flutter investors will own 55 per cent of the enlarged group, it is technically the buyer in the transaction. In an all-share merger, hedge funds typically buy shares of the company being taken over while shorting shares of the acquiring company – in this case Flutter – if they think the deal will go through. RELATED ARTICLES Previous 1 Next Paddy Power owner Flutter sees share price jump as it gears... De Beers' diamond sales down by almost 40% in the latest... STOCK WATCH: GVC's Alexander may have one more great deal in... William Hill blames Government crackdown for a near halving... SHARE THIS ARTICLE Share Analysts have speculated about whether GVC, the deal-hungry owner of Ladbrokes and Coral, could launch a counter-bid. They have also suggested Flutter could face demands from competition authorities to offload other parts of its business to get the Stars deal over the line. However, the short-selling spree suggests investors are predicting that the deal will go through.
Now called flutter.. involved in merger / take over of star group ( USA ) no pages on this name or any former names or this on II
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I think the share price curve is steepening downward at DC. Reasons in my view are; imminent recession in the UK; sterling near historic lows - all imported product more expensive, squeezing profits for DC; ex-chairman and founder has sold a quarter of his holding recently (a bad sign); big pension deficit; as far as I can see, practically no cash - the business seems to be operating on cashflow which relies on suppliers waiting a long time to be paid; increasing online competition; a massive and costly bricks&mortar estate; a huge workforce creating high operational costs; very few customers in the shops whenever I've visited; warning from the management of 'more pain' to come due to the change in smartphone purchasing dynamics. From what I can see, there are practically no positives for DC; an outdated business model with huge legacy costs.
I web message they have called in administration .
Kier sold one property in London yesterday and made £25m, enough to reduce group net debt from £167m to £142m, which is very low for a company with current turnover of £4.5bn. Order book is strong with £9.4bn in projects of which 90% are secured and probable. In addition to that, there's a logjam of projects waiting in the wings due to brexit uncertainty (so industry analysts say). Once that gets unclogged, Kier is likely to grow massively. But the firm doesn't need to grow for the share price to perform. It only needs to show debt reducing, and that's being accomplished by asset sales, small and large, and retaining the dividend which has been over £60m a year recently. If anyone here wants to know what Kier is doing in terms of growth and business strategy, all the answers are easy to find. Just take a look at the preliminary results on the investor results page of the company's website and if you want to hear the analysts grilling the CEO, there's a webcast too. Also, Andrew Davies has just put out a youtube video aimed at Kier staff, in which he discusses the direction of the business and the share price. Not hard to find. Dyor.