Updates

William Hill - 1:1 rights issue to reduce debt

April 2009

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in the betting firm have enjoyed a strong run since we recommended them last December at 162p and the group has now reported resilient full year results for the year to 30 December. Net revenue increased 3% to Â£963m while operating profit fell 3% to Â£278m. Net debt was Â£1.02bn.The retail business, which comprises the estate of 2,300 bookies shops and contributes the bulk (82%) of gross win, achieved a decent performance, with both gross win and operating profit rising 7%. This came thanks to strong investment in its shops and by implementing various cost saving measures. Meanwhile, William Hill online, the internet betting side, saw operating profit rise 7% driven by an 18% increase in new accounts opened while the ...

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Charter - Net cash of Â£52m

Powerleague

William Hill - Enjoying boost from online betting (August 2011)

William Hill (September 2009)

William Hill (June 2009)

William Hill (February 2009)

William Hill - Famous bookie still growing well in spite of credit crunch (December 2008)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X