UK 03:20 Sunday, 8 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...
One the golden rules of investing is the one which says that companies whose profitability is dependent on politics and government regulation should never be too highly rated and even then, prepare for possible disappointment. Such now is the case of Ladbroke (LAD) shares. To its problems is added the fact that the government plans for the greater taxation of gambling (or ‘gaming’ as some lime to call it.) Technology is changing the economics and commercial opportunities for betting companies, as it is changing much else. And wherever technology goes so too does Her Majesty’s Treasury and with tax revenue collectors following up behind. That must make nonsense of those early cash flow models around at Ladbrokes, carefully and thoughtfully built to anticipate future cash flows if and when the company starts its recovery.
At the end of January, like some old vulture overcoming hesitancy I pounced on the dead meat of Ladbroke (LAD) equity then priced at 146p a share. Although the share price has risen by nearly 10% the shares are not, ‘technically’ speaking, out of the woods.
Ladbroke’s (LAD) share price at 146p does not have cast iron technical support to make it a buy, but more fundamental analysis and a 6% dividend which looks safe for this year, pronounces it good value.
Since writing my review on Ladbroke ordinary shares at a share price of 170p on the 27 of September, the share price has shot up by 8% to 185p (last seen); given the pall that the madness of the Tea Party Republicans has thrown over markets since then, it is a pleasing and notable rise.
Like some ugly old vulture I am always on the lookout for a feast from the shares of companies that have succumbed to the dust and dehydration of competitive life? So I have landed on the gasping Ladbroke's (LAD) shares in the hope that some supporting value you may be visible after the last six months, near 25% collapse in the share price. Is this the time for brave contrarianism?
