rimmy2000

anyone interested in the Twitter earnigns can pre register to listen to the webcast here: https://investor.twitterinc.com/ occurs 1pm UK time.

thought I would update here. Price has been quite volatile lately. We have Q2 results a week on Friday. This will include World Cup and Wimbledon of course. Up 2% today.

@anders Yes I did see something about suspension of bot accounts. For me, this is not a concern. If anything I agree with you that it will improve the quality of the platform. The main reaction would be possibly because the MAU (monthly active users) statistic that Twitter is often assessed on, is impacted. But I think this will be a short term blip. For me the biggest appeal still is that Twitter is a pure unadulterated source of primary breaking news. Years ago if people wanted news they would get it fro a radio or their newspaper. Now it is newspapers that rely on TWTR for their breaking stories!

Yes, I agree with that @PandaFace, there is a good chance the World Cup will bring a windfall, and possibly Wimbledon (with Federer and Serena getting knocked out perhaps?) The big news here is how things start to unravel in the USA I think, as this and likely consolidation will generate the big moves, but I agree with your sentiments this will likely be positive for the next trading update - through loss avoidance!

this strikes me as at least somewhat confusing. Is it possible to be both, in the red AND making a mint..? the two seem to be contradictory.. I am not eligible for Professional Status either (I feel my experience should mean that I am, and that is more important than the tests ascribed. My performance demonstrates more than the criteria- which seem a bit arbitrary) However, no point complaining, just keep leverages to a comfortable level or add a bit of ballast to the account. Not worth losing sleep over, imo.

Here we go again..?

from today's CityAM. QED.

I agree @JamesIG, there are good opportunities here for traders to get ahead of the curve. We have had exceptional weather, so looking into bars and casual eating destinations may prove to be wise. Bars showing the games also. Now veering off topic but I was looking at RBG yesterday and there were only a handful of trades but the price was being pulled up. A very thin market, but a potential example of a company that may come away with improved performance over this period. I know that FUL have an update in a week or so, I think this could also surprise to the upside as they are cashing in on the games and weather by offering 4x pizza for £20 deal. I hold shares in FUL, WMH, and RBG.

Thanks for this @247trader, again, I think the World Cup (ads) will convert positively here too.

Has anyone watched tonights world cup on ITV? obviously sports betting is a big part of the peripheral world cup activity. I have seen ads by WMH, as well as others. This has potential to add a windfall to the next trading figures perhaps. (just thinking out loud here)

Some context reading. HL article UK bookmakers: hurdles and handicaps

We are now through $45

Results today. Share is breaking out. 6% today. Highs last seen 2015. I may get time to pull out the headline figures at some stage. Co is very conservatively priced. Some large, regular buys going through;

expectations for you. and the interims for you (because I am nice)

FInal results announced next week 13/06/2018 Norcros PLC (NXR) https://www.investegate.co.uk/News/company-events---7-days-ahead-events/816933/

Today’s pre-market shows a breakout above $39. Happy days. Having a break in Lisbon.

market update tomorrow.

by time I posted we are now 2.8% up on yesterday. Funny times. Will be interesting to see how US market reacts. All the best, everyone. rimmy2000

yes, initially price was pulled 8% down i think. But buys outweigh sells. see the areas i highlighted red (these obvs changing a lot since img taken) we did say the worst case looked baked-in. From -8% open to flat (11am) my account has seen a lot of change this morning. We did say the worst case looked priced-in, so an easy 8% could have been made on that initial open. I didn't change my position. If someone wants to go through the RNS and pull out pertinent points then feel free. I am struggling to find the time. But I am not sure if there is guidance when these changes are to be enforced (anyone?) and then working out the imapct to bottom line. However the price movement today tells me the market is not overly concerned (as I am not, either) I think it is good that the industry is guided to behaving in a responsible manner, as there is a moral stance to all this, people should not be allowed to gamble to the point where their jobs, homes and security is at risk. Moderation is the key to the future here, so I welcome these changes. It would be easy to sell now for 28% gain (I believe the share is also trading ex div) so there is income to be received too in the meantime. And I do think the patient here will be rewarded with a payout in the form of the very least bid rumors and more likely an agreed deal before the year is over. As to me, I will likely wait it out unless an opportunity arises forcing me to free up cash. But I am in no hurry to sell. Today's RNS reinforced the dividend would continue to reflect a payout of half profits, and that should provide reliable income should the markets lurch down. I doubt I'll comment much more here in the short term, unless I get time to go through the RNS (I am hoping someone else will do that.. , maybe..) Off topic: We still have TWTR going on here, as well as NXR and WGB. I am doing well on HUR (having been buying from 11p) and SPD seems to be creeping up day by day. Has anyone else noticed that. ITV and BOO are also going well and I want to look at SDRY at some point. So much to do.

Hi do feel free. I am happy for anyone to post contributory information. This can be anything you feel comfortable with both positive and negative information is welcomed to balance the investment case. Pick an area of focus (gaming market consolidation in USA for example..? I know nothing about it) do some digging and see what you can come up with. For example I just found this: "Roger Devlin, chairman of William Hill, has warned that slashing maximum bets on fixed odds betting terminals will leave the company at risk of a takeover from overseas rivals." We are already assuming we are to expect this to be slashed to a minimum (£2) so takeover looks to be the best of a worst-case scenario, which I find absurdly funny, given the previous T/O was around the £4 mark IIRC. .. bring on a takeover

11% gain today which was triggered around 3pm (when the US market opened) The intraday price actually went a lot higher than the 11% close, as shown in the chart below, the price touched £3.25 but closed at £3.13 If we look back to our original investment case we had two main triggers for a re-rating in the price, and the third rationale was potential M&A activity. Concerning the two price triggers these were regarded as: UK government review of spend limits to betting terminals US decision on gambling laws Today the second of those decisions came in. The US Superme Court has decided to overturn the ban on US sports betting – announced today, and this was positive to WMH who has a large sports betting book in Nevada presently, but the price has responded to reflect the opportunity this brings for increased US activity. This is particularly helpful to WMH as it has an established presence in prime locations and now we await the company to guide the market on this new chapter in the coming months. Equally I understand we will, later this week, likelty get the other decision we are awaiting – the UK position on retail terminals. Recall that the price dropped quite significantly a week or so ago, which I documented above. And this seemingly priced in the ‘almost certain’ limit on these machines to the lowest value under consideration of £2 Therefore we have today a) reversed that decline in the price from the prior week but importantly, I would argue, we are now pricing in the worst case scenario for the UK market. EG any value above the £2 that is announced is going to result in upside, in my opinion. So let’s see what happens. My posiiton is back to about 28% gain, which is a healthy gain to date. I have not sold. I think the UK decision could come in at a rate higher than £2 as the press reports are a bit spurious, and based on “an insider tells us” type story. I also think the opportunity in the US, where WMH is an established and well regarded operator, far outweights the negatives attributable to the UK issue. The worst case will see WMH (and others) close off loss making shops, reduce their estates, offer more incentives for online gaming, and run a more ofused retail network than at present. I also think the probability of a takeover is more likely now the US has repealed its gambling decision. So, in a word: Downside= probably negligible or nil in short term, Upside= surprise (eg not worst-case) decisino from UK, US expansion and more likely US takeover.

thanks Try to keep it original there were some large trades announced at close. too.

So WMH updated the market today. It is also worth noting that they hold their AGM today at 11am, which is central London, near Tottenham Ct Rd. I thought about going but cannot due to other commitments. We can take some reading from the trading update and I expect the AGM will also influence the direction later in the day. Key points to note are: Trading to 17 April has seen 3% growth in Group net revenue with strong Online and US performances, partially offset by Retail IE shops are a drag on performance. Online net revenue up 12% with Sportsbook up 17% and gaming also up 8%. Retail net revenue is down 4%, with Sportsbook down 9% and gaming flat. I note WMH also sponsored the big boxing fight at the weekend where Haye got knocked down two or three times by Bellew. - WMH are still influential in the retail sportsbook market and events like this help them realise their strategy. The comments state "positive start to 2018, making further progress against our strategic priorities to grow UK market share, drive international revenues and deliver key transformation projects." There is some talk of the impending legislative influencing factors: ‘while we await the outcome of the UK Triennial Review and the Supreme Court's decision on US sports betting legislation, we remain focused on continuing to deliver a great customer experience, particularly ahead of this summer's World Cup.’ Intra-day the price has bobbed about a bit. Note as our contributor has pointed out, WMH seems to stick closely to key levels and these were tested today. Overall the commentary is good and the balance sheet and business model simplified by the Australia disposal. Let's see what happens rest of the day..

Same here. News driven and price consolidating ahead of next market update 30th May. Nothing else to add really, we wait. https://investor.twitterinc.com/annual-meeting.cfm