Playtech Share Discussion Threads

[slipperysidewinder] 14/12/2016 16:07

It stands to reason that Playtech will bid for a fx broker at knock down price now they have got their most throughdeal through.

[slipperysidewinder] 14/12/2016 15:48

Playtech can raise the money easily with ni debt. A great acquisition it would be.

[slipperysidewinder] 14/12/2016 15:25

Talk of a Playtech bid and it makes sense considering their recent aquisituon of CFH.

CFH gives Playtech access to the market at better rates thereby offsetting some of the hit IG will have from new regs.

If its true everyones a winner!

A masterstroke.

[ddubzy] 14/12/2016 15:02

IG???Where did you hear that Boots

[bigboots] 14/12/2016 14:40

Yes but talk of a play for IG !! cant believe it but anything happens in todays market

[ddubzy] 14/12/2016 13:40

Oversubscribed placing at 850p...Progressive dividend policy, share buybacks to the value of EUR50m, special divi recently...Cash rich, diverse......Lots to like, but this industry is out of favour at present....So you hold, add or move on.

[slipperysidewinder] 14/12/2016 13:00

ali

Difficult to say really. Lets put it this way thr company itself is buying at these levels so they obviously think it is a good deal.

[slipperysidewinder] 14/12/2016 12:39

No doubt there are short positions abound here at the moment. Playtech have the spotlight on every sector they operate un at the moment. Plus their stakes in Plus500 and Ladbrokes have taken a pummeling.

We need to remember that the findings from the high street bookmaker review will not be revealed until second week in January, so this will carry on for some time yet.

On the plus side the company has a shed load of cash and a diverse strategy.

[ali47fish] 14/12/2016 10:28

so anything we should do as shareholders? sit it out or sell?anyone please?

[manics] 14/12/2016 10:02

It's not just the CFD regulation imo. There's the FOBT investigations (of huge importance to PTEC and the customer base) and Sagi's name is front of mind once again.

Certainly somewhat of a funk here at the moment.

[slipperysidewinder] 13/12/2016 18:25

When the buyback programme finishes in a few days time, this will plummet even further.

[slipperysidewinder] 13/12/2016 12:46

This has not much to do with online gambling. It is all about the cfd regulation. It is Australia next.

The unexpected decision by fca and bfin has hit the fx industry unbelievably hard at a time when playtech has moved heavily in that direction.

Bad timing.

[nurdin] 13/12/2016 09:53

All the brick and mortar gambling companies,most of whom are clients of PTEC will be impacted by the tighter regulations being contemplated by the Government.How much will it affect PTEC ?

Give me a nod if you know the answer :o)

[nod] 13/12/2016 02:18

The same thing happened a couple of years ago when Sagi sold a large chunk. The share price fell for months. The good news is PTEC is paying a lot less per share than the brokers paid Sagi. I really don't understand this.

[nod] 12/12/2016 21:23

The government was reluctant to revisit their new regulations and controls. They want to see the impact before deciding any further steps. They introduced limits, restrictions, accounts, reporting, responsibilities. How the government can micromanage at this level remains unclear. Gov just pays for reports every few years.

[nurdin] 12/12/2016 11:30

Seems to me the more they buy back the lower the share price goes lol

[slipperysidewinder] 12/12/2016 11:28

Once the buyback is over there is nothing to hold share price here. Sentiment negative with gaming and extremely negative with CFD's. This will head toward £7 in January.

[slipperysidewinder] 09/12/2016 12:07

Nod

Not if they reduce roulette machines it isn't!

[slipperysidewinder] 09/12/2016 12:07

Nod

Not if they reduce roulette machines it isn't!

[nod] 09/12/2016 07:36

Toggle, any extra regulation is good for PTEC. We get to charge customers for implementing the changes plus it drives non-customers to PTEC who have the best back-end software and compliance reporting. The share buy backs seem to be underpinning the share price for now.

[nfs] 09/12/2016 07:19

Going for it on share buybacks

[festario] 08/12/2016 12:43

I think this will simply represent more work and revenue for Playtech, as they are required to modify software for their under-siege customers, or develop new software to be compliant. This together with share buy backs, and massive cash surplus will see this over 1000p in the short to medium term.

[slipperysidewinder] 08/12/2016 11:37

Toggle

They certainly are.

[togglebrush] 08/12/2016 08:52

Today...Bookmakers are having regulation problems with "Fixed Odds Betting Terminals" are PTEC involved with these ???

[trentendboy] 08/12/2016 08:45

I have large holdings in both.