Flutter Entertainment, not everyone’s cup of tea as it is a ‘sin stock’ ie gambling and £100 will only buy one share…
The owners of Betfair and Paddypower will be merging with the company which owns SkyBet to try to create the world’s biggest online betting group.
Added to the fact that licences are slowly being awarded in the US to legalise sports betting and all the established UK betting companies (including Flutter) will be trying to tap into that massive market so it’s going to be really competitive.
I like Burford Capital’s business model which is focused on litigation finance. As @Mello says, they don’t have a lot of competition.
So they work with law firms and clients around the world, provide legal finance and advice, and are able to (when they win) seize/recover assets.
Their shares dropped massively recently when some US company shorted them, accusing Burford of manipulating numbers. And then, there’s the accusation of the trading secrets for sex for one of their cases.
Both rumours/accusations could end up being nothing but they have caused the shares to drop to rock bottom prices. Personally, I’m still a little cautious so just keeping an eye on them.
Yeah the market manipulation cases that’s on going. The accusations is not really backed up by any real proof. I won’t say they are completely innocent but some of the details about them is exaggerated for others interest. And it was the perfect time to short the stock with Neil Woodford being linked to them.
SXX Sirius Minerals. The current risk reward is worth a small punt. They’ve 6 months to sort out financing for a potential huge new industry for the UK.
IWG. WeWork’s profit-making rival. It will be interesting to see how well they can capitalise on stunted competition in the market and if the proposed spin-off of their US business materialises.
Yeah. I’ve been buying Greggs regularly for the last while and been putting a good bit into it now that the price has dropped so low. Hoping for a fast rise again.
BABA. I think it will be similar to Amazon. It is not too speculative as it may require some years, but still better than investing in SXX hoping a +50% last minute.