1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Vera Yuan
Vera Yuan
Articles (1063) 

Bernard Horn Comments on GTECH

August 07, 2014 | About:

At the other end of the spectrum, Italian lottery/gaming operator GTECH (MIL:GTK)’s stock price dropped after rumors emerged of a potentially expensive acquisition of a casino machine equipment manufacturer, which would add more debt to GTECH’s balance sheet. In addition, U.K. homebuilders were weak due to concerns that regulators were trying to dampen the housing market. However, at quarter end, the Bank of England came out with relatively benign lending guidelines already being followed by the banks, and share prices rebounded.

From Bernard Horn (Trades, Portfolio)’s Polaris Global Value Fund Second Quarter 2014 Shareholder Letter.


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


GuruFocus has detected 7 Warning Signs with GTECH SPA $MIL:GTK.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


Raven94INDUSTRY1 (Med Devices)
Jire4Star, ROIC Up Tr, ROIC > WACC
Bogdan BednarskiCSROE 2017, ROIC 5Y . ROIC 10Y
Bogdan BednarskiCSROE 2017
yasarkhanP/B and P/E and MKT
wwygeraGuru Buying #3
utche96Piot>7,P/FCF,Rev
rael222210
Bogdan BednarskiCSROE2008,ROIC 15-75,ROIC 5Y >
bdietzBook Growth Rate
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK