Playtech Share Discussion Threads

[festario] 07/12/2016 16:44

I like what I saw on GVC and PTEC as the afternoon wore on...

[togglebrush] 07/12/2016 15:19

Buy Back is due to end before year end:*

Share Repurchases will be undertaken until the earlier of the Maximum Amount being repurchased and 31 December 2016

EUR50 million, to make market purchases of up to 6,000,000 ordinary shares (the "Maximum Amount"). and 780,000 bought so far

[festario] 07/12/2016 12:34

I'm in for my first PTEC punt. Couldn't resist this, while adding a few more GVC.

[philo124] 07/12/2016 08:56

At least for 180 days from 29/11/16 that is.

[nurdin] 07/12/2016 08:28

Just opened a long...looks too cheap now and will become more so as the buy back program progresses

[ddubzy] 07/12/2016 08:15

Seems the buyback program commenced immediately on the drop before any announcement to the market.....Funny that!!

[nod] 07/12/2016 07:16

After share repurchases like this one we may not have to worry too much about the GBP to EUR exchange rate on 31 Dec. We may not have many GBP.

[slipperysidewinder] 06/12/2016 14:47

Finance Magnates retracted statement on Tedi Sagi.

Sagi has the lawyers in the office one thinks.

hxxp://financefeeds.com/retractment-notice/

[manics] 06/12/2016 13:53

Teddy must have some friends in high places, eh?

[undervaluedassets] 06/12/2016 12:52

This business is diversified across the world

[henryatkin] 06/12/2016 11:11

If I were a shorter the RNS would be enough to make me close out.

[kop202] 06/12/2016 10:40

Fidelity stake at 5% ......is it bad luck

[festario] 06/12/2016 10:30

Saga obviously saw this coming.

[dennislevine] 06/12/2016 10:04

Playtech should have stuck to the gambling / gaming software & services business in which they are dominant.

Never understood why they wanted to move into retail CFD trading (now trying to dress it up as a B2B business with recent acquisition). Even the B2B side will suffer if the regulators are clamping down on retail CFD businesses - lower volumes etc.

Core gambling / gaming business is sound but acquisition of TradeFX from Sagi I think will prove to be a mistake and an unnecessary distraction.

[henryatkin] 06/12/2016 09:37

I thought the drop was down to new FCA reg today on CFD providers. The main restriction is on caps to leverage & aggressive advertising. IGG & PLUS are getting hammered this morning but in reality I doubt it will effect the bottom line of either.

[philo124] 06/12/2016 09:29

Yes, it's to do with CFD's. Apparently this kicked off in Cyprus over a week ago. lol.

[toyin] 06/12/2016 08:53

They own markets.com, which is not regulated by FCA but is regulated so it will have an effect on PTEC.

All the best

[henryatkin] 06/12/2016 08:51

Agree...IGG are down 20% from their recent high & CMC are down 35%.

[undervaluedassets] 06/12/2016 08:41

They are buckets and spades providers to the gaming industry. they supply software across the industry.

They are enormously well diversified across continents and jurisdictions

[toyin] 06/12/2016 08:36

ali47fish

All cfd providers are down FCA bringing in new regs.

All the best

[ali47fish] 06/12/2016 08:32

why does this share keeps falling even after sagi sold

[bigboots] 06/12/2016 08:16

How big is Playtech spreadbetting/cfd BUSINESS

[bigboots] 06/12/2016 08:08

REALLY DOESNT READ WELL FOR US AS INVESTORS IN PLAYTECH

[nod] 05/12/2016 18:58

Playtech has a development team in Romania.You would not need to look too hard to find stories of corruption in Romania, including the police as the article suggests.Over the years Playtech has worked at withdrawing operations from unregulated markets.Some of the allegations seem far fetched even for Sagi.