how much has fred lost due to hills share price plunge ?

averaging down.

didnt buy it for short term

hth

If he's cash-rich he'll buy more to average down and possibly sell to a potential suitor of Billies in a few years time. Cash is king at the moment.

Fred has obviously lost a bundle. He bought at 130 and now it's 86.
Averaging down is normally not a good strategy.
I don't like William Hill and I don't care much for Fred either, but @ 86 this share price has more upside than downside imo.
A few weeks ago they were trading @ 170 and before the ban on roulette machines they were 320.
I don't see the price going up to 170 or 320 anytime soon, but @ 86 the company has got to be a takeover target if Fred or someone else has access to more liquidity.

I have bought @ 86, stop loss 60.

He hasn't lost anything until he sells the shares. He is probably planning to buy some more cheaply as we speak.

wow down to 61.2 this morning

fred still lumping on ?

Big hits this morning

Hills -31%
GVC -20%

Paddy Flutterby issuing profits warning.

Hills expanding into the U.S.just as it all comes to a grinding halt.

Violins out.

Sageform
you are correct to tell you the honest truth if I had a few quid spare I would get some myself.
regards
the guy who has seen his gvc  shares half in the last few weeks

fred still recovering from going 4s al Baum

how does a beginner buy shares ? wouldn't mind a grands worth at current 62

open an IG spread bet account

Lots of share dealing platforms available on line.  Read a few reviews, download and you can be dealing in minutes  Hargreave Landsdown is decent.   Different companies have different payment models.  Buying or selling shares will incur you a trading fee, this may be based on number of shares, value of shares, number of trades per month pricing, etc.   Work out how much you are likely to be spending and this will help you determine the best pricing model for you.

is share 212 any good ? just ut a grand in and buy hills shares ?

It's come up as william hill plc _ Ordinary 10p
Is this the right share?

^^^ @ hargreave lansdown

Fire-and-ice.  Yes, correct.  Ticket code should be wmh.l.

You don't buy shares with a spread account, you speculate with leverage.

Ticker code, damn autocorrect.

TY Davros

just trading on them sites like trading212

Why would you be buying shares at this juncture?

Plenty of freefall potential in the system.

Whole world of pain left to unfold.

Buy some physical gold instead.

FIAT currencies not worth the paper they are written on,

yoiuve got love bookmakers trouser 4 days oif chelt ,then come out moaning and crying about profits

fred buys moplay

all ante post bets void and stakes returned

Should have bought the shares AFTER the cancellation of racing.

'king hell. Down over 26% today. What price will it be when football, racing, etc. is cancelled again come April?

As mentioned elsewhere on here, from April 14th punters will not be allowed to gamble by credit card.

Also Gambling Commission looking at imposing max 2 quid stake on-line same as shops

Has this already been taken into consideration in share price ?

Go on Fred fill your boots at 49p !

Easy come, easy go. Just think about all the money he took off fobt players, their families and children. This is KARMA!

48 now

certainly some massive value to be had if you think covid's going to disappear in the short-term ... across the board

In this climate why buy bookie shares when they are better ones around at basement price eg airline, hospitality, etc.

Was thinking of buying a few 1oz Gold Britannias and enquirer at my local Barclays, who told me that the high street
Banks no longer deal in these coins.
Anybody else bought any, and who are the reputable dealers nowadays?

No point buying the RP tomorrow.

unless it's your money he's lost ,why
worry?

No point buying the RP tomorrow.

it'll do for wiping your backside with.  nothing new there admittedly ..

Chancellor Rishi Sunak is spending, spending, spending, through tax reliefs, loan support and cash grants to help British businesses get through the coronavirus crisis. The leisure and entertainment industry has been granted a business rate holiday on all properties.

It was too late to halt the slide in the share prices of betting businesses with extensive high-street estates on Tuesday. GVC’s shares fell 13 per cent, after horseracing was suspended until the end of April. William Hill’s shares fell a quarter.

Wm Hill still looks like the donkey in the race. This week, the company outlined the cost of the suspension of sports fixtures from the Cheltenham Gold Cup to Euro 2020. It said postponing races and matches, closing casinos in the US and shutting its high-street betting shops for a month would cost up to £110m of earnings before tax and other negatives. That equates to about 40 per cent of analysts’ forecasts for 2020. And every month its shops are shut will cost it an extra £25m to £30m of ebitda.

Coronavirus is kicking a donkey that is already down. The group made a £37m pre-tax loss last year after a regulatory clampdown forced it to shut 713 of its high-street outlets.

Rivals Flutter and GVC are also being bashed by the sporting fixtures freeze. Sports betting accounts for 45 per cent of GVC revenues and about four-fifths of Flutter’s. On Tuesday, GVC said the suspension of British horseracing would wipe out up to £25m of its ebitda in the year to December. However, it has plenty of cash and an undrawn credit facility of £550m and is a very long way from breaching its covenants.

Wm Hill is burdened by its legacy estate of shops and £535m of debt taken on to fund its expansion in the US. Before this week’s profit warning, net debt stood at about 2.4 times ebitda. The company has £425m in undrawn credit facilities. But the group is upfront that it is working with its lenders to “enhance its liquidity position”. Most tellingly, it has frozen its dividend to save it about £45m this year.

If the disruption from Covid-19 is shortlived, shares that are off 70 per cent in a month may look like an option on consolidation in the sector and the group’s US expansion paying off. But while they say the house always wins, in Wm Hill’s case, don’t bet on it.

down to 36.70 today

on stock exchange page says there was an uncrossed trade at 16.35.11 of 5,198,066 shares at that price costing 1,907,690.22...does that mean
someone has lumped on ?

hills fantastic value if you can sit on them for 3 year

if you're a shareholder you can legitimately tell the staff the toilets resemble something out of Auschwitz and need tidied up whenever they're finished texting their mates ...

'Fred' is now asking for a rent holiday from landlords on their shops due to the cancellation of sports. How cheeky is that? When 'Fred' was coining it in with fobt did he volunteer a rent increase? No way I say to his request. If 'Fred' could afford to buy the shares of a rival firm he ought to 1st consider disposing of these shares to pay his landlords. Then after downsizing, if necessary.

Take the rough with the smooth; 'Fred' have had the smooth for over 2 decades yet unwilling to absorb the present predicament. I'd say consider exiting the industry if the going is tough. But, stop whining!

Billy will get burnt in the U.S.

absolutely skint albeit with a 475 million drawdown credit facility.

someone gonna pick it up for pennies in the pound.

I'd expect vulture funds hovering and looking for carcasses of Covid-19 betting entities and others. A great opportunity to pick up good stocks cheaply. But, not just yet.

The one and only bald fart advert must be the oldest one on any tv channel.

I'd like to see the back of them, making millions from company treating gambling addicts, if thats not a conflict on interest I dunno what is Both Ends Covered

As for Fred's Pushes! F*ck Off!

When they restricted me coz I was arbing greyhounds I was automatically restricted with Totesport at exactly the same time.

Hard stock to trade now...shops closed from Friday so you would expect them to go down further..problem is at 37p they are so low the volatilty is massive all it takes is government bailout(very unlikey), rent rebate, covering staff costs, tax concession... and they will bounce... ive had them shorted all the way down from 1.44 but they could quite easily become a penny stock...empty shops with big rents, fack all to bet on, big anti gambling sentiment and a **** load of debt that they can't service...they really should go bust. Takeover ?? there probably is some value there but i'm **** if i can see it

It does help some bookmakers if they have some MP's on their payroll, all legal of course.

Fred bleating/Paddy profits warning yet @ the biggest horse racing festival of the year days before total shutdown they wouldnt take a fiver  each /way.

REAP WHAT YER SOW

Timberrrrrrrrrrrr....12% down in the time it took me to have my morning dump

William Hill will be turning in his grave for allowing that wonky nosed thief shares in his company.

ready to buy but they could go bust so big risk, will see what happens

Only buy entities with cash or little debt; those with debts incurred buying up other entities(recently) be very careful. They may be cheap, but for a reason; remember GEC/Marconi and RBS.

It's a buyer's market. Astute selective purchases can reap mega rewards middle and long term.

fred demanding from the landlords of his 1500 shops a rent holiday.

I wanted a £2 bet with William Hill and they said I could have £1.63 I went on the chat and was told the traders have restricted my bets because of my recent activity.

Funny I said the same as someone else on the forum William hill would turn in his grave.

Might as well close your account Seaside?

During the last free bet debacle I received a snippy email reply from their customer service team informing me if I wasn't happy I could close my account.

The less active accounts they have on their books the less attractive they are to a buyer, possibly?

Is there a significant difference between a £2 and £1.63 bet unless it was a 10 selection acca or more?

ashleigh did fred pay double the rent when he was stealing millions on the evil fobts

Trading nearer to £1 again after a low of 34p a month ago.

Have a look at Digitex (dgtx) due to launch 27th April value $0.04 if this doesn't treble within the month i'll eat my hat.

117 at close today....nearly there fred