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NPT Netplay

8.875
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Netplay TV Investors - NPT

Netplay TV Investors - NPT

Share Name Share Symbol Market Stock Type
Netplay NPT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 8.875 01:00:00
Open Price Low Price High Price Close Price Previous Close
8.875 8.875
more quote information »

Top Investor Posts

Top Posts
Posted at 16/3/2017 14:11 by ambond
Just seen this in today's Shares magazine online: https://www.sharesmagazine.co.uk/article/should-you-accept-or-reject-a-takeover-bidACCEPT THE BID; IT'S THE BEST OFFER YOU'LL GETShareholders in gambling group NetPlay TV (NPT:AIM) will soon be asked to vote on a 9p cash per share takeover offer from Betsson. We've heard rumblings from private investors that many shareholders aren't happy with the price, saying it is less than half the level at which the company traded three years ago. We believe shareholders should accept the bid as the business faces an extremely tough period should it remain as an independent entity. NetPlay has been hammered by tougher taxes in the gambling sector over the past few years and the situation will only get worse. An additional tax comes into force later this year on 'free bet' offers which will eat into another large chunk of its earnings. The company lacks sufficient scale in our view and has failed in its attempts to diversify geographically. It doesn't have the money to make investments to stay competitive. As such, we believe investors need to accept that the share price is highly unlikely to return to its 20p+ dizzy heights seen in 2014. We see little chance of someone else making a higher offer. NetPlay talked to various third parties in the second half of 2016 and didn't attract a single bid.
Posted at 27/2/2017 13:35 by speedsgh
IC = Investors Chronicle. Subscription only. The excerpt is from a Simon Thompson article published on 14/2...
Posted at 02/2/2017 09:11 by ali47fish
someone asked if the offer could be voted down-surely someone here knows and whether it is a better option for shareholders- where would institutional investors stand vould they turn it down?
Posted at 12/1/2017 16:14 by alan@bj
Some shareholders don't seem to understand the share consolidation at all and imply it is some sort of scam. I suggest they try Googling "Special dividends share consolidation" where they will find a number of identical situations. Companies that are shown in the search results include International Hotels Group, Direct Line, Johnson Matthey, Homeserve, and Segro.

This is an extract from Direct Line's Q&A document:-
"It is anticipated that, as a result of the decrease in market value of Direct Line Group following payment of the Special Dividend, there would, without a consolidation of Direct Line Group's ordinary share capital, be a corresponding decrease in the market price of the Existing Ordinary Shares. Accordingly, as is customary where companies pay a significant special dividend to their
shareholders, in order to maintain (subject to normal market fluctuations) the market price for ordinary shares at approximately the same level as prevailed immediately prior to the Special Dividend, a consolidation of Direct Line Group’s ordinary share capital is proposed"

It isn't a scam, it isn't some way of duping investors, it's quite normal practice. If you can't understand it, maybe you shouldn't be investing in the first place.
Posted at 11/1/2017 15:19 by nick rubens
Chimers.....

"The CASH on the books is where again ? Oh silly me , its your cash of course."

They are paying dividends, and recently did a special dividend.

Not sure why Slater is selling, but that could turn out to be a great buying opp for others. I'm preparing to add a few as there looks to be good value here and potential for a doubling of market cap very rapidly if whatever suspicions investors who are bearish have, turn out to be wrong.
Posted at 17/9/2016 12:32 by grannyboy
A couple of separate positive articles in the Investors Chronicle this week, maybe thats what was encouraging all the buys yesterday(Friday), buying should continue on Monday when pi's have read the articles over the weekend..
Posted at 17/6/2016 16:21 by nick rubens
Shouldn't have fallen really as results were in line with accompanying news stating trading improvements in the new financial year.

Markets and Investors can be irrational sometimes.
Posted at 18/4/2016 15:51 by casabella2
hxxp://www.netplaytv.com/sites/www.netplaytv.com/files/AGM%20Notice%20May%2016%20vFINAL.pdf

If you go to the netplay website,investor relations,aim rule 26,click on it and scroll down until you see notice of agm.Click on it and its all there.Hope this helps.
Posted at 21/2/2016 09:41 by alan@bj
Also from The Sunday Times:-

THE gambling software giant founded by Israeli billionaire Teddy Sagi has rejected calls to return cash to shareholders and will use its £800m war chest to spark the next wave of deals in the betting industry.

Playtech is one of a number of big hitters pursuing the software developer OpenBet in a deal valued at £250m. Its main rival in the bid race is NYX Gaming, an American platform that is being backed by William Hill.

Sources close to Playtech, which was founded by Sagi in 1999, said OpenBet was the first in a number of planned acquisitions. The company is also believed to be considering a bid for Amaya, the Canadian owner of PokerStars, which is subject to a $2bn (£1.4bn) “take-private” bid from its chief executive, David Baazov.

Playtech has about £600m of available cash and a further £200m easily accessible by selling its stakes in Ladbrokes and online broker Plus500.

After failing to land a string of targets last year amid a wave of dealmaking in the sector, the management has come under pressure to return cash to investors.
Posted at 12/1/2016 13:42 by alan@bj
This is the full text:-
Netplay football pools talks terminate
The Aim-traded shares of Netplay TV (NPT: 7p) are languishing below the 8.35p buy-in price in my 2015 Bargain Shares Portfolio. True, the company has paid out dividends of 0.55p a share, but even taking these into consideration the holding is 7 per cent under water if you followed that advice 11 months ago.
The price is also down a quarter since my last buy recommendation at the time of the half-year results in September ('Small-cap value plays', 23 Sep 2015). I originally advised buying the shares at 12.5p almost three years ago ('A share to hit the jackpot', 11 Feb 2013), and they have had a rollercoaster ride since then, peaking at 24.25p in January 2014 before derating sharply on concerns of how the business would be impacted by the new UK point of consumption tax marketplace. I thought the derating had gone too far a year ago which is why I included the shares in my 2015 Bargain Shares Portfolio. So why haven't they re-rated like 32Red?
It's certainly not due to the company's finances as Netplay remains in an enviable position of having a cash-rich balance sheet: net funds of £13.9m at the end of June 2015 equate to two-thirds of the company's market capitalisation of £21.5m. The board's strategy is to use this cash to make earnings-accretive acquisitions, but it's clear that investors have been far from impressed by the progress made to date. In August last year Netplay acquired Otherside, an online marketing, product development and technology business, for £2.7m with an additional £500,000 payable 12 months after completion. Otherside reported cash profit of £600,000 on revenue of £2.6m in the 12 months to end-May 2015, so the bolt-on deal is earnings accretive. However, the lack of details provided by the company on the acquisition has not helped investor confidence.
Also, the shares had been suspended since Monday 21 December after the company entered into discussions with Sportech (SPO:60p) in relation to the potential acquisition of The Football Pools business. The board were obliged to suspend the shares in accordance with Rule 14 of the Aim Rules for Companies as the size of the acquisition meant it represented a reverse takeover. Netplay has now dropped out of the running, and the shares relisted yesterday, following news that Sportech subsequently received a number of indicative proposals for the Football Pools business and invited interested parties to submit their best and final proposals by mid-January 2016.
The failure to pursue the Sportech acquisition should not detract from the fact that the board still intends to deploy a cash pile estimated to be about £11.9m at the December 2015 year-end, or more than half the company's current market value, to make earnings-accretive acquisitions. It's my view the catalyst for a re-rating will be when the board finally deploy the cash on some smart-looking acquisitions. So, having run with the holding thus far, and with Netplay's shares rated on a miserly five times cash-adjusted earnings, representing a 60 per cent discount to the rating attributed to 32Red, I feel that the investment risk is skewed to the upside. The full-year dividend of 0.55p a share offers a prospective dividend yield of 7.9 per cent, too, albeit it is only covered 1.3 times by forecast EPS of 0.7p. Needless to say, I continue to rate Netplay's shares a buy.

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