Updates

William Hill

February 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.

Just two months after we recommended book-makers William Hill at 162p, the shares have soared a pleasing 77p with the catalyst being a very strong trading update, which resulted in brokers upgrading their forecasts.For the last 11 weeks of 2008 the firm reported that gross win increased by 8%, while for 2008 as a whole gross win is ahead 6%. Meanwhile, full year earnings before interest, tax and exceptional items will now be around Â£275m, which is ahead of consensus forecasts of Â£264m. In response broker, DKW has upgraded its 2008 eps forecast to 42.6p, while for this year it expects 42.7p. While most of its debt still needs to be refinanced in 2010, an issue that could still affect the dividend, this positive performance ...

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Marks & Spencer - Aggressive cost cutting

Dunlem - Gross margins still ahead of last year

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

William Hill (September 2009)

William Hill (June 2009)

William Hill - 1:1 rights issue to reduce debt (April 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