Mondegreen Posted October 10, 2018 Share Posted October 10, 2018 Hi All, Has anyone been looking this? It's fallen off a cliff after Q2 earnings which just don't seem to have justified the fall. Thinking of really piling in here, but am worried I must be missing something. Mondegreen Link to comment Share on other sites More sharing options...
Mondegreen Posted November 19, 2018 Author Share Posted November 19, 2018 I've been adding, strong growth in Vera & John with a slight slowdown in JPJ. KPIs are all strong and do not appear to justify the massive drop in share price. Cash flows are very strong and are currently being used to pay down debt, once the target leverage ration is reached, I expect to see significant dividend payments/buybacks. Will keep adding should the price remain this low, I view this as a great business trading at a huge FCF multiple. Mondegreen Link to comment Share on other sites More sharing options...
DeepValuePlay Posted June 13, 2019 Share Posted June 13, 2019 What you were missing was the UK change in regulation of online gambling (taxes went from 15% to 21% of revenues). Anyone has an opinion of the merger announced earlier today? Link to comment Share on other sites More sharing options...
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