rolling
- 04 Nov 2003 14:05
Where do you think they will go to or should i sell now
skinny
- 20 Oct 2011 15:54
- 113 of 472
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.
skinny
- 19 Jan 2012 07:13
- 114 of 472
HARRYCAT
- 14 Feb 2012 11:38
- 115 of 472
William Hill PLC (LSE: WMH) will announce its final results for the 52 weeks ended 27th December 2011 on Friday, 24th February 2012.
HARRYCAT
- 23 Apr 2012 13:46
- 116 of 472
Ex-divi 2nd May, 6.7p
HARRYCAT
- 09 May 2012 08:40
- 117 of 472
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."
HARRYCAT
- 22 Jun 2012 08:32
- 118 of 472
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.
dreamcatcher
- 26 Jun 2012 18:51
- 119 of 472
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".
HARRYCAT
- 28 Jul 2012 09:35
- 120 of 472
Deutsche Bank note:
"H1/12 EBITA increased 14% to £168m and was 5% ahead of consensus at £159 and 1% ahead of our £166m forecast. Normalised basic EPS increased 17% to 15p (DBE 14.9p & con’s 14.6p) with the 3% difference to EBITA growth driven by declining interest costs that fell 4%. The dividend was increased 17% versus our 10% forecast and in our view underpins the group increasingly strengthening balance sheet.
The key growth driver of H1/12 results was the group’s online division which increased EBITA by 23% to £69m versus consensus expectations of £63m and our top of the range £69m and this was despite spending 28% of net revenue on marketing or £55m. This growth is being driven by both sports, which increased revenue by 52% to £80m on the back of 33% increase in amounts wagered and 100 bp increases in the margin to 7.8% and casino, which increased revenue by 18% to £118m.
Retail also performed very robustly in H1/12 with 5% net revenue growth split 5%/5% for OTC and gaming machines. OTC amounts wagered fell 1%, however this was due to 9% fewer horse race fixtures following weatherrelated cancellations, normalizing this we estimate would give 0.5% growth. The OTC gross win margin was towards the top of the range at 17.8% (2011: 16.8%). Gaming machine net revenue continues to grow robustly and despite disruption from the roll out of new machines, GWPTPW increased 2% to £924.H1/12 Retail costs increased 4% and EBIT increased 6% to £110m. Forecast in our view offer upside
We think consensus forecasts (FY12 EBITA of £304m vs. DBE of £299m) will move up little over the coming weeks, but William Hill management tend to be conservative and given there are still just over 5 months of 2012 to go they will not let people get too carried away. But clearly forecast risk is to the upside in our view.
We think H1/12 results are supportive of the recent re-rating and as the group continues to expand and grow its online earnings as a proportion of overall earnings and as the market appreciates that Retail has growth potential, then we continue to see material share price upside for William Hill. BUY."
skinny
- 19 Oct 2012 07:03
- 121 of 472
Interim Management Statement
Key financial highlights
· Group Operating profit1 was up 26% in the period, 17% higher in the year to date
· Online Operating profit1 was up 42% and Retail Operating profit1 was 8% higher in the period
· Group net revenue grew by 9% and was up 10% in the year to date
· Retail net revenue grew by 3% and was up 4% in the year to date
· Online net revenue grew by 18% and was 26% up in the year to date
Key operational highlights for the quarter
· Mobile was 27% of Sportsbook turnover and averaged £10.7m of weekly Sportsbook turnover in Q3
· Strong Retail over-the-counter (OTC) gross win margin, up by 1.9 percentage points
· William Hill US integration activities completed on schedule in September
dreamcatcher
- 19 Oct 2012 15:26
- 122 of 472
The shares of bookmaker William Hill have gained more than 50% over the past year, and a 12p (3%) rise to 355p today helped push the price even further. The occasion was a third-quarter update that told of a 26% rise in operating profit, with a 43% rise in online profits.
Even after the price rise, forecasts still put the shares on an undemanding forward price to earnings (P/E) ratio of 12, with a dividend of around 3.3% expected for the full year.
skinny
- 29 Jan 2013 07:23
- 123 of 472
Trading Statement
Full year key financial highlights
· Group net revenue grew by 12% (52 week basis +10%) and Operating profit1 was up 20% (52 week basis +18%)
· Online net revenue grew by 27% (52 week basis +24%)
· Retail net revenue grew by 6% (52 week basis +4%)
Q4 strategic highlights
· Recommended offer made for Sportingbet's Australian and Spanish licensed online businesses
· Initiated valuation process under call option to acquire Playtech's 29% stake in William Hill Online
Dil
- 29 Jan 2013 15:46
- 124 of 472
Yummy ... you got any of these skinny ?
Bought a few myself around October time.
skinny
- 29 Jan 2013 15:48
- 125 of 472
Dil - no I sold my last in September.
dreamcatcher
- 29 Jan 2013 15:52
- 126 of 472
The odds of this happening -
A man has died after being hit by a large metal sign that fell from a William Hill shop.
The man, believed to be in his 20s, was treated at the scene in Camden, north London, on Monday afternoon before being taken to hospital, where medical staff were unable to save him.
He has not yet been named.
"Every effort was made to resuscitate him at the scene and on the way to University College Hospital," a London Ambulance Service spokeswoman said.
The 30ft sign, which had covered the length of the betting shop, was seen on the pavement. Police erected a forensic tent to cover the scene and taped off the surrounding area.
Stan
- 29 Jan 2013 15:56
- 127 of 472
He wasn't heading into the shop with a winning slip was he? Sounds highly suspicious to me...
dreamcatcher
- 29 Jan 2013 15:59
- 128 of 472
Stan, Out of respect I did not post any jokes. :-)) Now thinking about it hmmmmm
HARRYCAT
- 01 Mar 2013 11:48
- 130 of 472
Broker note from Panmure Gordon today:
"William Hill has reported £293m PBT, broadly in line with the upwardly revised consensus of £295m. The full-year dividend of 11.2p is also broadly in line with consensus expectations of 11.3p. Current trading is strong with underlying group net revenue up 17% for the seven weeks to 19 February driven by WHO revenue up 29% and Retail revenue +13%. The group has announced the exercise of the call option for Playtech's shareholding in William Hill Online (WHO) for £424m, which will be funded by a fully underwritten rights issue of £375m (2 for 9 at 245p; TERP 375p or c369p adjusting for the final dividend). We think William Hill is paying a sensible price for Playtech's shareholding in WHO (we had estimated £408m) and the strategic rationale is compelling. The financial rationale is less compelling given the size of the rights issue which is higher than we had forecast, but combined with the Sportingbet assets acquisition we still see 2014E EPS c6.6% higher at 31.1p. We reiterate our Buy recommendation and 436p Target Price."
dreamcatcher
- 01 Mar 2013 20:37
- 131 of 472
dreamcatcher
- 01 Mar 2013 22:10
- 132 of 472
William Hill eyes US after £424m deal for full control of online business
By Nathalie Thomas | Telegraph – 4 hours ago
William Hill (Other OTC: WIMHY - news) is betting on becoming a £5bn business in the next five years after agreeing a £424m deal to take full control of its fast growth online division.
Britain’s biggest bookmaker, which currently has a market capitalisation of £3bn, is now turning its gaze east to the US after securing two major acquisitions in less than three months.
The group on Friday announced it had reached agreement to buy out Playtech, its joint venture partner in its digital division William Hill Online, which grew revenue 27pc to £406.7m last year
The £424m deal brings to a end more than four successful but rocky years with gaming software group Playtech, which has involved staff strikes, former Israeli spies and £250,000 fish tanks.
William Hill is raising £375m through a rights issue to fund the acquisition, which comes less than three months after the bookie agreed a £460m joint takeover of Sportingbet (LSE: SBT.L - news) .
Ralph Topping, William Hill’s colourful chief executive, said the deals represented a “major milestone” in the 79-year history of the company but signalled that his ambitions did not stop there.
Freedom from the online joint venture with Playtech will allow William Hill to explore further opportunities, particularly in the US, the gambling veteran said.
A major source of strife between the two companies had been Playtech’s ability to veto strategic moves in the online business, which frustrated William Hill in pursuing other acquisitions and partnerships.
“In a five year time frame this organisation should be a £5bn company,” Mr Topping said. In today’s market, a £5bn valuation would allow William Hill to enter the FTSE 100 (FTSE: ^FTSE - news) .
The group has already acquired a cluster of companies that run sports betting operations in bars in Nevada. Other states such as New Jersey are liberalising the online betting market and Mr Topping said there could be other opportunities in the US such as running lotteries.
He insisted the group wouldn’t make any further “large scale” acquisitions in the near future but it will look at “smart” and “targeted” bolt-on deals. “We are not gold medallion men with hairy chests who like to acquire, acquire, acquire,” he stressed.
Playtech, which invested €177.7m (£154m) in William Hill Online in 2008 and has received €140m in dividend payments from the business, said it is already in talks with a number of other companies about partnerships. The group is in a good position “to replicate the success of William Hill Online elsewhere”, Playtech’s chief executive Mor Weizer said.
William Hill’s partnership with Playtech hit the headlines in 2011 when staff at offices in Tel Aviv and Bulgaria staged a walk out. Former Israeli intelligence officers were hired to restore order but the affair unearthed a series of bizarre activities including the discovery of a £250,000 fish tank at the Tel Aviv office.
William Hill on Friday reported a 48pc jump in pre-tax profit to £277.7m for the 53 weeks to January 1 on revenue 12pc higher at £1.3bn.
The bookie has proposed a final dividend of 7.8p per share to be paid on June 7, lifting the full pay-out for 2012 to 11.2p, up 17pc.