Updates

William Hill

June 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.

When 100-1 outsider Mon Mome delivered the biggest Grand National shock in 40 years bookmakers were quietly chuckling but in William Hill's case trading was already on an upward trend with its Q1 IMS showing group net revenue rising 6.5% in the first 17 weeks. Admittedly this was boosted by the online assets acquired from Playtech last December. Retail gross win was up 2%, driven by the gaming machines (+14%). Meanwhile, net revenue from the expanded online business increased 50%.In spite of these encouraging results, broker Citi has left forecasts unchanged with pretax profit for this year of Â£204m and eps (reflecting the dilution from the recent rights issue) expected to be 21.6p. That leaves the prospective PE standing at 9.8, ...

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Informa - Rights issue resolves funding concerns

Carluccio's

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

William Hill (September 2009)

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

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