Q: Can I get an updated view of FLUT? I am admittedly not a fan of sports betting ads all over TV, but can’t seem to shake they are likely making a lot of money.
Would you still endorse a purchase of TMDX, CLBT, ASPN and CPH? When looking at the recent momentum of FLUT and DUOL would you still be buyers of these companies? What would be your order of preference if you were buying today?
Q: I bought FLUT shares when they listed in the US thinking they have strength in being the largest international company in sports gambling. Worried to hear recently that they might IPO FanDuel independently from FAN and thus potentially split the interest amongst 2 stock choices and dilute the FAN price. Notes from today’s strong earnings report stated that ‘ Jackson (CEO) said he had no plans to rename the company FanDuel or pursue an initial public offering of that business, something he once considered’. If that statement can be taken on face value, do you see FAN as being more attractive previous to the earnings and that revised strategy?
Q: Hi 5i Team - Could you provide an update on Flutter Entertainment including your opinion on purchasing it at its recent price. Also you mentioned in a previous answer in May that the passing of a progressive tax on online sports betting in the Illinois senate was bringing the sector down. Do you think this is still a concern for Flutter and that other states may follow suit.
Also any idea on when Fan Duel might be spun out. My understanding is that shareholders will not receive shares in Fan Duel. Is this correct.
Q: Looking to strictly optimize growth over next 3-5 years. Please rank potential of these favourites from current valuations: TIH, URI, ULTA, BKNG, UBER, ESTC, ASPN, FLUT, CROX, TRI, TFII
Q: As per Hussein's recent question, I too was under the impression that the Flutter listing on the LSE was moving to the NYSE and our shares, if they were on the LSE would be moved to the NYSE automtically. Is my understanding wrong and they are in fact going to continue with listings on both the LSE and NYSE??
Q: Does FLUT seem like a strong buy given today’s earnings report and recent move to the US stock exchange? Will FLUT shareholders be rewarded or potentially hurt with an IPO for FanDuel?
Q: I acknowledge that timing a revenue growth inflection is a fraught undertaking. Could you suggest one or two stocks that you believe have the best opportunity and your thinking.
I'm not sure I have the correct ticker symbol above as there were three to choose from for Flutter. I've held this stock since the Amaya days and, simply because of my own inaction and intertia, I now have something crazy like a 1500% return.
My question is around this special meeting and vote. Can you just touch on the pros and cons of what I'm voting on and what you think is the path to continuing to see a great return?
Q: I have TOI, LMN and NXT in my portfolio, thanks to 5i. Thank-you. Are there other quality companies that you could recommend for investigation, that are recent spinoffs or splits from a main company? Are there any upcoming spinoffs that should be kept on a watchlist? Thanks for your continuing excellent analysis.