The bid for Ladbrokes Coral (LON:LCL) has arrived. What surprises me is that it is tabled before HMG opines on FOBT maximum stakes – this is expected by the end of January 2018. I am taking a profit. Steinhoff (ETR:SNH) has duly collapsed on the announcement that its CEO is going and PwC has been called in to consider what is now identified as aggressive accounting. One of this column's moles recommended a short at E400. It is now c. E90. I can't think of any reason to buy. |
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