Where do you think they will go to or should i sell now

Warning RI approaching I'm out for now.

More talk of imminent RI in todays Sunday Telegraph.

Brokers Majority Bullish On The Stock..

and why not with a miserly forward P/E of just over 9.4 for 2009 and 9.5 for 2010 way too cheap imho.......

William Hill PLC

FORECASTS
2009 2010

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

SG Securities
17-09-09 HOLD 19.10 10.00 18.11 8.00

Oriel Securities
17-09-09 BUY 200.00 20.00 7.50 226.00 20.70 8.00

Davy Stockbrokers
16-09-09 None 19.70 6.20 17.60 6.70

Investec Securities
15-09-09 BUY 196.97 19.15 7.66 194.03 16.71 8.20

KBC Peel Hunt Ltd
14-09-09 BUY 203.32 20.42 7.50 213.01 19.41 7.50

Daniel Stewart
14-09-09 BUY 196.50 20.47 7.50 223.40 21.58 8.50

Astaire Securities [R]
11-09-09 SELL 158.90 25.43 16.55

Evolution Securities Ltd
07-09-09 BUY 194.00 19.40 8.10 230.00 21.70 10.00

Shore Capital
04-09-09 BUY 198.00 17.90 8.50 197.20 17.80 8.00

Collins Stewart
02-09-09 BUY 188.10 20.40 239.90 24.80

Singer Capital Markets Ltd
31-08-09 FAIR 217.00 22.30 8.90 234.90 21.20 8.90

Noble & Company
06-08-09 None 190.70 19.10 7.70 200.70 17.60 7.10

Numis Securities Ltd
05-08-09 ADD 193.80 20.30 7.50 217.20 20.70 7.88

2009 2010
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus 196.85 19.81 7.75 222.01 19.63 8.11

1 Month Change 0.07 0.02 -0.05 -2.06 -0.82 0.06
3 Month Change -17.02 -2.03 -1.01 -9.85 -1.49 -1.10


GROWTH
2008 (A) 2009 (E) 2010 (E)

Norm. EPS -3.31% -37.80% -0.91%
DPS 6.21% -53.07% 4.64%

INVESTMENT RATIOS
2008 (A) 2009 (E) 2010 (E)

EBITDA 313.40m 293.88m 303.39m

EBIT 277.50m 251.61m 259.23m

Dividend Yield 8.82% 4.14% 4.34%

Dividend Cover 1.93x 2.56x 2.42x

PER 5.88x 9.44x 9.53x

PEG -1.77f -0.25f -10.49f

Net Asset Value PS -233.43p 122.00p 121.00p

I like the look of William Hills chart at the moment breaking out from a bullish ascending triangle.

Bookmakers usually a good defensive stock to hold in a market correction and volatile actions.


Short term candle chart...

Shows bulls in control since around mid august. Lower tail on friday shows that the bulls fought back from what would appear to be an intra day tree shake to end the day positive.

Seems to have a lot of support behind it from the City....

from Digital Look

What The Brokers Say

Strong Buy 11
Buy 1
Neutral 7
Sell 0
Strong Sell 0

Total 19

William Hill Forecasts
Year Ending Revenue (m) Pre-tax (m) EPS P/E

31-Dec-09 1,026.84 192.47 20.44p 9.3

31-Dec-10 1,068.18 209.04 20.34p 9.3

Miserly rating imho.

over 175p

it's been pretty much this level since the open ..... quite probably a good one to tuck away for a few months, but i am up to my self-imposed investment limit so shall need to make room in due course

it'll be interesting to see if the apparent chart resistance has an impact in the immediate term

07:12 25/02/2011
William Hill pre-tax profit rises 60% to 193.3m and raises final dividend 16%

Big article in the Sunday Times which promotes WMH as a major player in the on-line market of sports betting, from a very slow start, with some very talented algorithm writers based in Gibraltar. Rugby World Cup betting (& in-play betting) are forecast to be a good money spinner for WMH. Next divi date 26th Oct '11 (2.9p)

Nice graph & divi date approaching. Shame I didn't follow Sunday Times advice!!!

18th Oct '11
StockMarketWire.com
William Hill has initiated disciplinary action against a number of senior managers working in Tel Aviv.

Eyal Sanoff, Chief Marketing Officer of William Hill Online's marketing team in Tel Aviv, has resigned..

The company says that there has been disruption this week within the marketing business in Tel Aviv, and in the customer service and back office operations in Manila and Bulgaria.

Senior William Hill Online management have gone to Tel Aviv as a result of the problems, although it should be noted that the office in Tel Aviv will be closed from tomorrow through to early next week, as normal, through the Jewish holiday period.

It says that the vast majority of employees of the marketing team in Tel Aviv have good working relationships with the business and with colleagues across William Hill Online.

William Hill Online has denied media reports that it is thinking of relocating this operation away from Tel Aviv.

It says that this situation is not directly affecting the availability of any consumer facing websites at present within the Group.

Harry - off topic - I've just bought some Almonds :-)

Not too many skinny! Vitamin E overdose not good for you.
I tried Vit E for scar reduction after an operation, but can't really say if it worked or not.

Harry - interesting/depressing reading here. We are all doomed, but maybe won't go gaga as quickly. Its a bit of a tome but one paragraph seems to indicate that all natural sources are ok.

Health Risks from Excessive Vitamin E

Research has not found any adverse effects from consuming vitamin E in food [6]. However, high doses of alpha-tocopherol supplements can cause hemorrhage and interrupt blood coagulation in animals, and in vitro data suggest that high doses inhibit platelet aggregation. Two clinical trials have found an increased risk of hemorrhagic stroke in participants taking alpha-tocopherol; one trial included Finnish male smokers who consumed 50 mg/day for an average of 6 years [49] and the other trial involved a large group of male physicians in the United States who consumed 400 IU every other day for 8 years [24]. Because the majority of physicians in the latter study were also taking aspirin, this finding could indicate that vitamin E has a tendency to cause bleeding.

Pre-close trading update.

William Hill PLC (LSE: WMH) will announce its final results for the 52 weeks ended 27th December 2011 on Friday, 24th February 2012.

Ex-divi 2nd May, 6.7p

StockMarketWire.com
William Hill shareholders have approved a new pay deal for chief executive Ralph Topping - but by the narrowest of margins.

The company's remuneration report scraped through at the annual general meeting with 50.11% of shareholders voting in favour.

All other resolutions were passed.

Remuneration committee chairman Gareth Davis said: "Ralph Topping has been instrumental in revitalising the fortunes of William Hill since taking the chief executive job in difficult circumstances four years ago.

"Since then, he has built on the William Hill heritage to create the leading online gambling business in the UK and to drive strong cash flow from the retail estate.

"In the last year, William Hill has performed strongly against its financial and non-financial targets.

"In 2011, the share price rose by 18% and we increased our dividend by 16%, delivering a total shareholder return ahead of our peer group.

"The group has recently announced 12% revenue growth and 19% operating profit growth in the first quarter of 2012 and the share price has increased by a further 33%.

"The board believes this exceptional delivery should be reflected in Ralph Topping's remuneration and has effected the catch-up in his salary over the last couple of years.

"As the board manages the succession highlighted to shareholders last year, we also believe it is in shareholders' interests to ensure that Ralph remains with William Hill at a critical time in the group's evolution and last year put in place a one-off retention package that secures Ralph at least through the end of 2013.

"This has given the Group the stability and time needed to put in place effective succession planning at a senior level.

"Whilst we recognise that some shareholders are not supportive of this one-off agreement, we believe that there is widespread appreciation of the very significant contribution of Ralph Topping to the success of William Hill.

"This is evident from the high level of votes in favour of re-electing all the directors, including Ralph who received 99.8% support.

"We consulted with the majority of our major shareholders and most recognised the importance of what was being put in place for William Hill's future.

"Whilst many of our largest shareholders supported the remuneration report resolution, one of the most influential vote advisory bodies recommended a vote against.

"It appears that a large number of shareholders across our share register voted in line with this recommendation.

"We understand shareholder concerns but in this exceptional case believe it was the right thing for the group, the shareholders and the longer term future of the business that we retain Ralph Topping's services at this important time."

StockMarketWire.com
UK bookmaker William Hill said today that the Group and certain of its senior managers were unanimously granted non-restricted gaming licences by the Nevada Gaming Commission at a meeting held in Las Vegas on 21st June 2012.

A non-restricted licence is the highest tier of licence in Nevada.

Accordingly, completion of the previously announced impending acquisitions of American Wagering, Brandywine Bookmaking and the racing and sportsbook assets of Sierra Developments, trading as Cal Neva, is now expected to occur on 27th June 2012 for consideration of approximately $49m (£31m) in total. This amount includes $4m (£2.5m) for the settlement of debt and preference shares. In addition to this consideration, the Group advanced $6.4m (£4.1m) in arm's-length convertible loans to AWI and Brandywine prior to acquisition. Integration will take place during the summer.

The acquisitions will be funded in cash and are expected to be marginally earnings enhancing (before exceptional transaction and integration costs and the amortisation of intangible assets associated with these acquisitions) in 2013. The Group expects to incur $8m (£5.1m) of exceptional transaction and integration costs over 2011 and 2012 in respect of these acquisitions.

William Hill was given a boost by JP Morgan Cazenove upgrading the stock to "overweight" because of the growth opportunities for its online division.

"William Hill is extending its lead in UK online gambling and is now poised to accelerate its expansion into selected continental European markets, with growth from its highly-profitable UK online and land-based (retail) operations supporting the investment required," said Matthew Webb, an analyst at JP Morgan Cazenove.

The shares perked up 5.7 to 284.2p. Mr Webb also upgraded Ladbrokes , down 1.1 to 172¾p, to "neutral".