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

Closed two thirds of spread bet @ 379.0 + 27.7 balance to run stop 366.3

Final results

Significant strategic progress:

Increasing diversification of revenue streams with Online and Australia representing 48% of Operating profit3 and international markets increasing to 15% of net revenue

Successfully completed acquisition in April 2013 to take full control of William Hill Online

Greater investment in Online, capitalising on mobile gaming opportunity with 166% growth in mobile gaming net revenue (52 week basis +175%) and with new products and key user experience enablers introduced

williamhill.it and williamhill.es successfully increasing online market share in Italy and Spain; mobile launched in Italy and successful integration of miapuesta brand in Spain

Second home market established in Australia with completion of Sportingbet and tomwaterhouse.com acquisitions. Good progress on improvement plan with imminent launch of new sportingbet.com.au website and preparations ongoing to migrate tomwaterhouse.com onto William Hill Australia technology platform

Profitability achieved in US business in first full year of ownership

Strong net cash inflow from operating activities of £268m

Positive 2013 performance:

Group net revenue1 up 16% (52 week basis: +18%) or +12% on a 52 week underlying basis after adjusting for the introduction of Machine Games Duty (MGD) and with Operating profit3 up 1% (52 week basis +3%)

Outstanding growth in Online Sportsbook amounts wagered +30% (52 week basis: +33%) despite the Euro 2012 rollover with continued strong growth in mobile Sportsbook wagering, up 99% (52 week basis: +106%)

Strong over-the-counter (OTC) gross win margin drives growth in underlying Retail net revenue1 on 52 week basis. Operating profit3 down £15m (52 week basis: down £14m) with additional c£10m indirect tax charge to the Group following change to MGD in February 2013

William Hill US saw 47% same period growth in amounts wagered and £4.9m Operating profit3

Basic adjusted earnings per share +6% (52 week basis +7%)

Strong dividend growth, up 12% to 11.6p per share versus 10.4p in 20125

Stop to 380.3 to lock in + 29

Daniel Stewart has maintained its “buy” stance on shares in gambling company William Hill despite a fall in annual pre-tax profit of six per cent to £257m.

The broker trimmed its target price to 500p from 555p on the back of an 8% cut in forecasts in 2014 earnings before interest, tax, depreciation and amortisation to £359m and earnings per share by 10% to 29.5p.

“However we do not find a multiple of 9.3 times 2014 EBITDA particularly demanding for a brand and business with the scale of WMH and we remain buyers of the stock,” the broker told clients, adding that the balance sheet is in “good shape at 2x net debt/EBITDA to aid further expansion and revenue from outside of the UK is growing”.

Stop to 385.3 + 34

Your staying in then Chris ?

Think it's called gambling jimmy :O) Hoping it will close gap to 400p

415p was the best it did before the problem ,if it can get over 4 quid it could go on ,i suppose see what happens Monday.

Out the spreads for now @ 395.3 + 44

As you say Jimmy, see what happens on Monday.

Well done Chris.

Thanks jimmy.

Short .

Osbourne just said he will tax the hell out of the machines .

Jimmy - here's what he actually said :-)

"BUDGET
13:17: Fixed odds betting terminals in bookies will now be taxed at a higher rate of 25%. "We will also extend the horserace betting levy to bookmakers who are based offshore," he adds."

Wonder if the Toffee boy as been court holding these.......... hope not.

who the hell is Toffee Boy? ..... some Everton supporter or what?

No, sorry to disappoint you Plastic Manc. Looking to go long on the spreads cause I believe all this crap may well be priced in now. Watching.

that offshore clause is interesting
i wonder if it's a forerunner of what many or even most of us think, re the likes of amazon and google and starbucks shileding their uk income from corp tax

Well no ones getting a bonus at WH this year plus no overtime for cashiers and managers can't claim hours over the top either ,all cost cutting .