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LADBROKES DOWN 9% TO 1.17 TODAY

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Replies: 236
By:
siralex
When: 27 Mar 15 11:26
Out of over 100 accounts restricted or shut the only ones that have actually closed my accounts are ladbrokes, Stan James and bet-victor.
Even koral and baldies will let me have up to a fiver on still.
And how do they explain withdrawing overnight prices in their shops and the staff advising me to bet online? Are they really that clueless?
By:
screaming from beneaththewaves
When: 27 Mar 15 11:58
The purchase of Bet daq was a joke. What was the point of that ?

_________________________________________

Ladbrokes buys **** in €30m deal
Ladbrokes chief executive Richard Glynn has made his first acquisition since taking the reins at the bookmaker three years ago with the purchase of betting exchange **** for about €30m (£25m).

The bookmaker unveiled the deal with ****’s owner, Irish multi-millionaire Dermot Desmond, who also has a 2pc stake in Ladbrokes, on Thursday.


http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9822932/Ladbrokes-buys-****-in-30m-deal.html

_______________________________________________

Well, you could argue that at least one major shareholder in Ladbrokes benefited from the deal ...
By:
Aviboyd
When: 27 Mar 15 12:25
homefortea
26 Mar 15 21:27

Ladbrokes have nothing..

Rented "stores" poor staff and an internet site that has been seemingly set up with the sole purpose of restricting the lucky punters and banning the rest.


Spot on HFT.  Ladcrooks - no assets (bar Daq which they have ruined already, reminiscent of their failed venture into spread betting in the 90s), high-rollers who have been propping up the profits for decades now gone skint, restricted core clientèle (many having had accounts for years) and won't even lay a bet to new customers, management with no business plan, website and mobile app that are way behind the competition, poker site that was once strong now a laughing stock, reputation ruined and to top it all off there is legislation imminent that will go part way to destroying turnover on the only product (FOBT) that they will accommodate customers with...

Takeover?  I for one wouldn't touch their shares with a bargepole, hard to see who would unless they can be picked up cheaply.
By:
saddo
When: 27 Mar 15 12:34
Once they cut the divi the shares should slide, possibly go low enough to entice a bidder. The chap who thinks they are "cheap as chip"s right now is quite wrong imo, a takeover is already in the price, and all that is keeping it above a quid.
By:
Dr Crippen
When: 27 Mar 15 12:47
Latest recommendation
Buy 2
Outperform 2
Hold 12
Underperform 4
Sell 3
No opinion 0

''The 18 analysts offering 12 month price targets for Ladbrokes PLC have a median target of 113.50, with a high estimate of 150.00 and a low estimate of 85.00. The median estimate represents a 9.03% increase from the last price of 104.10.''

Last years dividend was equal to the year's before, while next year's is forecast to be down 16%.

That hardly backs up the doom and gloom presented about the company here.
By:
Aviboyd
When: 27 Mar 15 13:01
Dr Crippen,

Ladcrooks have tried every trick in the book to stabalise the share price; acquistion, cost reduction, new advertising campaign etc and still the shares went down (when arguably you could have anticipated the opposite, particularly when looking at the share prices of the opposition who have taken none of the above measures).  Only two analysts are advising a 'buy' on a stock that has traditionally been a favourite.  How are they going to acheieve growth would be a major concern, just visit one of their shops, tells you all you need to know imo...
By:
dave1357
When: 27 Mar 15 13:33
Worst online interface, slow to load, can't find basic bets like top ten in golf.  And the guy that is responsible for that crock is now running the whole company.
By:
Thegamestraightlol
When: 30 Mar 15 20:05
Lads £1.03 today whereas betfair £22.85 today
By:
saddo
When: 30 Mar 15 20:17
They went ex dividend last week which accounts for a 4.6p drop.
By:
homefortea
When: 30 Mar 15 20:24
Aviboyd I was involved in an internet start up many haircuts ago that was eventually fronted by an ex Ladbrokes man..

You know the score ban the winners etc...

However he was hired for his expertise in the Asian Market...Laugh

We had the lot (it was when betting was illegal in many places) and the fella was on £140k a year because he would bring over his clients..

We had a Golden Telephone that only six people could answer (trouble is that the night shift could barely speak English) and bets of £100k on the Premiership were commonplace.

Trouble was that the bets were all on credit and getting some of them to pay was impossible..
By:
homefortea
When: 30 Mar 15 20:25
Not seen the website for years Dave1357 so I will take your word for it...

Still on full factor fella....Crazy
By:
THE-GHOST-OF-DICKIE-BIRD
When: 30 Mar 15 20:28
selllllllllllllllllllllllllllllllllllllllllllllllllllll
By:
Racecourse Regular
When: 30 Mar 15 20:34
the staff are so demoralised on the front line it is untrue... fed up of turning up to work to man empty shops all day long... those that haven't managed to get out will tell stories of much better times in the past
By:
THE-GHOST-OF-DICKIE-BIRD
When: 30 Mar 15 20:35
Agree . . . . absolute ****s now. . . .
By:
dambuster
When: 30 Mar 15 20:42
Bloke I know is a manager ,and has been for years, he said, 10/15 years ago, it was good and the staff well looked after, now it's dreary, boring, area managers are moaning about empty shops, but at the same time, giving him photos of people who he can't take bets from as they are winners, but if they play the FOBTS he can take bets , but must ring up every bet..
He has staff who help out on minimal pay, some struggle to speak English , but now how to work the till and empty the FOBTs.....
By:
Racecourse Regular
When: 30 Mar 15 20:55
exactly Dam... as long as that key turns in the door at 9am at the machines are flicked on they couldn't care less if they could they would train a robot to do it
By:
flukes
When: 30 Mar 15 21:43
Ladbrokes has become a dog of a share for those unfortunate to hold it and a price of 90 pence looks achievable in the short-term. The new CEO's arrival coincided with the dramatic reduction in the daily Lock-Ins from £50 to £25. Woopy do. If AP wins the Grand National next week it will surely be time for them to switch off the lights and Shutthefrontdoor?
By:
Money Tree cost me thousands!!
When: 01 Apr 15 11:08
The pay off for glynns is big.
£846,000 for years salary.
£800,000 in lieu of bonus
Plus keep 1.9 million £££ of shares.
By:
Nirnaeth Arnoediad
When: 01 Apr 15 19:12
Cry
By:
homefortea
When: 01 Apr 15 19:22
sparrow
homefortea 23 Oct 14 21:06 
Close the whole lot...




For the first time ever, I agree with this poster.  Happy

If that half wit agrees with me then sorry but...

KEEP THEM OPEN Love
By:
Money Tree cost me thousands!!
When: 02 Apr 15 11:48
101 now.
Can see this dropping to 75-80 soon.
There are shareholders complimenting the 5 blokes ladbrokessss life advert on their forum.
By:
unbiased
When: 02 Apr 15 12:04
Not defending Lads,but it was pointed out that they messed up on spread betting,but so did another of the big 4,and had to shut down their operation.They got their markets very wrong,and it was a great earner while it lasted.
  A lot hinges on who gets into power,as some Labour MPs want FOBT stakes greatly reduced,which will hit all shops hard.However they are collecting so much tax from them (25%) that surely any change would result in a big reduction in the tax collected.
By:
homefortea
When: 03 Apr 15 18:57
Once again do those that are allegedly in charge at Ladbrokes know anything about betting..

Do they realise that every account that they have is dependant on a minimum wage employee deciding whether to keep it or just say no...

It is an amazing situation that a former big player has been reduced to nothing in the space of a few years..

Cannot see them lasting the year out and who would take them over because what do they have...

Shops that must pay massive rents and staff that should never have been let into the Country.

Plus those on the internet (AND THIS INCLUDES THE NEW BOSS) that know zip.
By:
homefortea
When: 03 Apr 15 19:16
Not got a Ladbrokes within 70 miles here fella but I can imagine what they are like now..

The Hills shop cracks me up.The smallest screens ever showing cartoons with static "special offers" and a wall of noise.

The papers are up with no form and to access the early prices you have to use a machine that must have been invented when Ralph Topping tried it on with his first cashier (allegedly)...

The Manager was sacked from a rival firm not five doors down for "discrepancies"  and the cashiers ply the recently arrived with tea and coffee to keep them on the FOBTS ..
By:
homefortea
When: 03 Apr 15 19:18
King Of Dubai if you are alleging that I have had a few then you would be correct..

However you can see by my posts that I can usually handle it..

There are some that cannot...Laugh
By:
THE-GHOST-OF-DICKIE-BIRD
When: 03 Apr 15 21:30
^^^shearer texted and sayed "hic"Crazy
By:
Thegamestraightlol
When: 30 Apr 15 12:27
OIOI  Hitting £1.01  today hopefully they will return to accepting bets soon before doors are bolted.
By:
Thegamestraightlol
When: 23 Jun 15 07:24
All posters on ere got it spot on - with merger of two weak management structures joining other operators will be laughing - giving opportunity for nother outfit on streets to actually take a bet. Good news lock doors crooks , surprised they didn't merge with woolworths !!!!
By:
2xpensive
When: 23 Jun 15 10:19
ladbrokes stock is a BUY trust me
By:
Aviboyd
When: 23 Jun 15 11:30
2xpensive
23 Jun 15 10:19

ladbrokes stock is a BUY trust me


Posted when shares were already up 10% on the day YFDC!

This is the last play by a company in their final death throws.  No buyer came forward when the share price reached near rock bottom so Laddies are now attempting to prop up their failing business by merging with another company who are light years behind the opposition.  If this merger doesn't come off their shares will be worth a cup of tea, if it does and a new business plan is implemented profits may increase for a few years before (due to managerial incompetence) they arrive back at the exact same point they are now....
By:
Thegamestraightlol
When: 24 Jun 15 09:35
I agree wouldn't purchase with especially with current management structure
By:
Thegamestraightlol
When: 13 Aug 15 13:02
30 March  Lads £1.03  now £1.05   betfair  £22.85  now   £27.85   Merger with coral had right effect lmao
By:
Thegamestraightlol
When: 25 Aug 15 21:22
The magic sign all time low yesterday .99 pence a share - still refusing to take a bet might as well shut doors at this rate shareholders be bailing management out very soon  ExcitedExcitedExcitedExcitedExcited
By:
homefortea
When: 25 Aug 15 21:25
They are still a sell..

What do they have - rented shops bankrupted in Eire (where a blind man could make money betting) and a website that has knocked back more punters than nobet£3.65..

I have heard that they are to be re-branded as betmax£0.00......Laugh
By:
DIE LINKE
When: 25 Aug 15 22:24
wondered why these jokers have started spamming me with casino offers despite me telling them to go fck themselves 5 years ago.
By:
Thegamestraightlol
When: 26 Aug 15 08:20
These cowboys are a million now refusing bets etc with pp betfair announcement
By:
Thegamestraightlol
When: 26 Aug 15 08:47
betfair up 18% today £30 +   ---  crooks now .95pence
By:
Thegamestraightlol
When: 14 Sep 15 13:37
95 PENCE today all time low .
By:
ease
When: 14 Sep 15 14:19
they could try marketing their exchange more aggressively instead of  letting it die of neglect
By:
DIE LINKE
When: 14 Sep 15 14:29
they could try hiring some traders worthy of the name
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