There is currently 1 person viewing this thread.
Why have betfair shares gone down in value ? is it a case that they were to expensive in the first place or is it a case where they have shot themselves in the foot with the PM charge driving the big players away ?
or has the well run dry ?
http://qfx.quartalflife.com/CLIENTS/ChartAxd.axd?i=dcp_b42b701bAC.png&_guid_=ba88b40d-2af2-4eb6-9a64-9565510242d5
Opened just under £16 and now down to £7
There business is all cash after all.
or has the well run dry ?
http://qfx.quartalflife.com/CLIENTS/ChartAxd.axd?i=dcp_b42b701bAC.png&_guid_=ba88b40d-2af2-4eb6-9a64-9565510242d5
Opened just under £16 and now down to £7
There business is all cash after all.
sort by:
Show
per page
Replies: 95
|
By:
Well....dry.
|
|
By:
Worldwide expansion scuppered in many areas by unwilling jurisdictions. New CEO has had to pull out of regions where they were knocking expensive heads against unyielding regulatory brick walls.
So where is the growth going to come from? The market clearly thinks they have no idea. |
|
By:
ALL 3 of your questions.
|
|
By:
Chiefly because in my opinion they were far too high a price when floated.
|
|
By:
It's knowing when to float that matters, they KNEW.
|
|
By:
It was a unique exchange that couldn't lose money but they admitted the exchange model had failed when PC was brought in. Now it's just a glorified bookmaker with the home page taking you to fixed odds. A 10 a penny with huge overheads.
mmm... is my money safe here? |
|
By:
As safe as any bank in Cyprus
 |
|
By:
the future is purple
|
|
By:
Look at how much the market is up compared to these shares in recent times.
A huge vote of confidence in the firm NOT. |
|
By:
andrew black will buy it back in a firesale, i will bet my house on it, and go back to core business, re-organise, and strip-out the bells and whistles.
|
|
By:
hasnt got the money now manxy - hes put it into 'better' companies
|
|
By:
heres one
Major Shareholders The Company has 479,137,027 ordinary shares in issue, of which 56,673,333 are owned by a member of the Group and treated as treasury shares, resulting in a total of 422,463,694 voting shares. As far as the Company is aware the percentage of voting shares not in public hands (for the purpose of the AIM rules) is approximately 40%. The identity of the Company's significant shareholders (for the purpose of the AIM rules) and their percentage holding of voting shares are: AVIVA PLC (and its subsidiaries)* 19.96% ANDREW BLACK* 19.24% J.M. FINN & CO. LTD* 4.98%** THESIS ASSET MANAGEMENT* 4.88% ROYAL LONDON ASSET MANAGEMENT* 4.83% Mr D V PENMAN* 3.54% LUDGATE ENVIRONMENTAL FUND* 3.28% |
|
By:
The Hydrodec Story
In the early 1990's an engineer had an idea. What if we can stop consuming oil and better use the resources we have without compromising quality and reliability? That idea has become Hydrodec Group plc. 2001 Hydrodec formed 2004 Hydrodec Group plc – IPO (AIM) 2006 Australia (Young) plant 2008 US (Canton) plant 2010 Japan – Hydrodec/Kobelco JV 2012 New management team In 1992, the Australian power industry tasked the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to find a way to remove hazardous cancer-causing PCBs from used transformer oil and restore the oil to a condition that met all international standards for new transformer oil. The team’s commitment and perseverance paid off, and within eight years, their results not only met industry expectations, it exceeded them. CSIRO was not only able to remove the PCBs from the transformer oil, the product they developed often out-performed new oil. Moreover, unlike any other process in the world, they could refine the transformer oil an indefinite number of times, allowing utilities to reduce their reliance on new oil supplies without sacrificing quality or performance. The technology was patented, and in 2001, Hydrodec was formed, with global rights to commercialise the technology and the knowledge behind it. Hydrodec collects used transformer oil and manufactures, markets and distributes SUPERFINE™ transformer oil and naphthenic base oil at their facilities in Young, NSW Australia and Canton, Ohio USA with plans to expand to more facilities in Japan. The Group has been listed on AIM, the Alternative Investment Market of the London Stock Exchange, since 2004. Hydrodec Group is a public company with global ownership of patented know-how in the application of sustainable technology for the power, oil, petrochemical and hazardous waste industries and a commitment to creation of sustainable value for shareholders, communities, customers and partners alike. |
|
By:
They looked so good at one time
|
|
By:
A great investment by Paul Roy's clients at £15!
Get what you can before they are utterly worthless. |
|
By:
Quite amazing that the product that completley changed the betting indusrty has had 50% of share value wiped and looked upon with disdain by its customers
Cant be many buisnesses that the better you do the worse of you will be |
|
By:
Once you are a Public Company it is all about "the Bottom Line".
Shares were vastly overpriced and can only go one way,imo. |
|
By:
they knew what the punters wanted and supplied it to them . It made them a fortune and had all the bookmakers running for cover. since they floated they forgot what made them successfull and are now embarking in a venture of copying what every other bookmaker does and force feeding the punters products they don't want. How could that possibly be a recipe for success ? I watched them grow and was very impressed with the way they were run.. since they floated their attitude changed so much that I now hope they get what they deserve... go down the drain.. I would definitely not invest £1 in them .
|
|
By:
would be good to see what the forum was saying about betfair when they first started up until they floated and implemented the premium charge.
perhapes betfair should look back and see how happy  most punters were and the reason being was you could follow your dream of making gambling your living.now if you opened a new account you could be paying 20% comm. in under a week. so why would they attract new customers  looks like they will just runit into the ground imo |
|
By:
and the reason being was you could follow your dream of making gambling your living.
The exchange model requires a plentiful supply of losers for this to be true. What if the losers got fed up and stopped playing? |
|
By:
thats the nub isnt it, all betting requires losers but betfair wont get enough impulse bettors atm...maybe new tech will change this but it looks like they aint gonna share them with us, as soon as the sports book was formed all of you should have en mass left
|
|
By:
That's the problem with exchange betting in the long run imo. The losers have to pay both the exchange and the tens of thousands on the forum that were making a living on here before the PC. Losers all went skint years ago ( apart from me ). Sharks now eating themselves and Betfair picking up bigger pieces while they can.
|
|
By:
So many on the thread that seem experts on the viability of a revolutionary betting exchanges future
so perhaps they should all be working on the real exchange which beats a sporting exchange for spivs, poor evaluational companies, investors with more money than sense and historically proven track record for proving that greed can plunge the world into recession, by a cocked hat.  |
|
By:
At a time when many so called clever investors were pumping cash into gold shares in desperation
from post credit crunch blues its hardly surprising that the get rich quick club dont understand fairly new betting platforms when so many traditional betting firms have learned to screw customers at a greater rate with a great help from poor legislation that fails to protect problem gambling on the streets of the UK. In Hard times it is aways the poor and unemployed that make up the shortfalls, one way or another its known as the pecking order... |
|
By:
Tony Calvin couldn't have put it better
|
|
By:
my point was that you could dream of making it pay on here now you cannot
 so it is no different to any other bookie now |
|
By:
They (the management) perhaps made the mistake of many before them (others have done it because of arrogance, incompetence, inexperience etc - I don't know about Betfair's management team but if they were in Aero Systems, I'd take the boat) ... anyway, didn't do the obvious and stick to the knitting, i.e. focus on what you are good at, what your core competencies are, what your competitive edge is.
Will become a business school case study in a couple of years or so. |
|
By:
Paul Roy's company bought several millions worth before they were available to the public at £15,then ,a few days later ,they were on general release at £16.50 approx.Did his company offload at the higher price,and make an instant profit?Good business if he was allowed to,but also a snub to the general investors who bought at the higher price,as offloading such a big amount would have been responsible for helping push the price down.
I am heavily in at £10,and have to sit back and wait,and wait,and wait. |
|
By:
You could red out, if they aint going up short term, put the money to better use.
|
|
By:
Premium charge has caused 90% of Betfair's problems .
|
|
By:
In contrast Paddy Power shares have more than doubled in price over the last 2 years http://www.stockopedia.co.uk/share-prices/paddy-power-LON:PAP/chart/
That's what is possible with good management building a solid brand. What ever you think of the bookmaker itself their financial results are impressive and they have huge scope for growth in retail. Prepare yourself for the Green Invasion on the high-street. |
|
By:
My take on Why re shares .......
1 greed 2 greed if you can count to 10 it would be the same answer now why shares went up ........ 1 They had a very good idea back /or lay 2 you should stay with what your good at and Betfair are the best even now...... |
|
By:
unbiased,
I will give you the same advice as I have given to many "traders" over the years. Take loss when things are not going your way. The current £6.96 will look huge in a few months,imo. Alternatively,you can adopt the King Canute approach and watch your wonga disappear before your eyes. |
|
By:
agree zipper they were good at back/lay, but it is a low cost product that required massive turnover, early liquidity has virtually disappeared, P/P W/H concessions early doors have seen them off
|
|
By:
saddo,fortunately,other shares have done well ,and taking a substantial loss is admitting defeat.Yes,you,are right that investing the proceeds in something else would be the thing to do,but it has become a personal thing now,and I am in until miracles happen.
Would still like to know if Roy's company was callowed to immediately sell. £5 million or so,bought at £15,sold at £16.50,a not unreasonable quick kill.Or his company may still be holding.I tried various means to find out,but drew blanks. |
|
By:
Liquidity was certain to disappear when they tried to PC the Firms who,quite rightly told them where to go.
Staff being offloaded faster than a horse can gallop. If you cannot see which way this is heading you are doomed and soon to be potless. |
|
By:
not so racingstar.Still good liquidity,although arrives late on horseracing.Check how much is matched,even on the moderate midweek stuff.
Asv for the sporting events,there is still growth,with huge turnover. |
|
By:
unbiased, what % of turnover late horses and football cricket golf is just trading not generating comm.
|
|
By:
unbiased,
If you believe the Market Figures on here you need help. Most of my core business is In Running and I can state without fear of contradiction that the Liquidity has halved from a year ago. You do not need to be a genius to work out who is "seeding" here. The public were "sucked in" by Traded Figures which produced very little profit. Hence the costcutting now going on. Are they doing this because things are rosey? |