Share Name Share Symbol Market Type Share ISIN Share Description
Sportech LSE:SPO London Ordinary Share GB00B28ZPV64 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 79.50p 79.50p 80.00p 82.00p 79.50p 82.00p 9,486 10:12:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 104.1 -20.0 -10.4 - 163.96

Sportech (SPO) Latest News

More Sportech News
Sportech Takeover Rumours

Sportech (SPO) Share Charts

1 Year Sportech Chart

1 Year Sportech Chart

1 Month Sportech Chart

1 Month Sportech Chart

Intraday Sportech Chart

Intraday Sportech Chart

Sportech (SPO) Discussions and Chat

Sportech Forums and Chat

Date Time Title Posts
17/9/201606:22Sportech > - Online Gaming ->>2,131
12/4/200609:32GROWTH FOR 2006 / 20077
12/1/200620:18Sporttech - the next GMC-like rocket?1,047
11/7/200518:05KEEP AN EYE ON SPORTECH?????????63
11/6/200511:29SPORTECH...A sitting duck for a sporting bid???7

Add a New Thread

Sportech (SPO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:12:2079.50300238.50AT
10:12:1980.00508406.40AT
10:12:1980.001,4261,140.80AT
10:12:1980.005,2514,200.80AT
10:12:1980.002,0001,600.00AT
View all Sportech trades in real-time

Sportech (SPO) Top Chat Posts

DateSubject
28/9/2016
09:20
Sportech Daily Update: Sportech is listed in the Travel & Leisure sector of the London Stock Exchange with ticker SPO. The last closing price for Sportech was 79.50p.
Sportech has a 4 week average price of 75.01p and a 12 week average price of 69.67p.
The 1 year high share price is 82p while the 1 year low share price is currently 50p.
There are currently 206,238,048 shares in issue and the average daily traded volume is 58,017 shares. The market capitalisation of Sportech is £163,959,248.16.
17/5/2016
03:41
nod: On the ballFootball pools organiser Sportech (LSE: SPO) saw its share price soar last week after a landmark battle against the taxman.The Court of Appeal agreed with Sportech's assertion that its 'Spot The Ball' competition was a game of chance rather than skill, and should therefore be exempt from VAT. As a result the business is in line to receive £97m back from Her Majesty's Revenue and Customs.Sportech isn't quite out of the woods, however, and an appeal from authorities could see the seven-year case rumble on even longer.This may not be enough to deter some investors, however, as Sportech represents stellar value based on current forecasts.Indeed, City predictions of an 11% earnings rise in 2016 leaves Sportech dealing on a P/E rating of just 15.4 times. And the multiple moves to a lip-smacking 11.9 times for 2017 thanks to predictions of a 30% bottom-line advance.Royston Wild has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
04/5/2016
12:27
finkie: its at the moment quite disappointing share price wise........
13/11/2015
02:42
nod: http://www.liverpoolecho.co.uk/news/business/cash-windfalls-could-shape-future-10427671Cash windfalls could shape the future of gaming group Sportech06:06, 12 NOV 2015Despite fending off a bid from Canada's Contagious Gaming last week, the future shape of Walton-based Sportech remains uncertain.That's because the betting business has received more than one approach from other businesses about acquiring its traditional football pools operations.Formed over recent decades by the merger of old brands like Littlewoods Pools, Vernons and Zetters, and now trading as The Football Pools, this division has been in long-term decline, a process that accelerated with the introduction of the National Lottery in 1994. At its peak, 10m customers a week bet on the pools but that figure has dwindled to 360,000. The potential of The Football Pools division to improve its contribution to Sportech's overall profitability appears limited. It is possible Sportech would be happy to dispose of its pools business, allowing it to concentrate capital and management efforts on developing its technology for trackside and other betting operations in the US, where it employs in excess of 800 staff. In contrast, Sportech has 150 members of staff at Walton.Earlier this year, Sportech sold its 50% stake in a recently formed joint venture, known as NYX, in the American state of New Jersey that provided gaming services to casinos for £12m, a move that produced an £8m profit.One City investment analyst predicts the sale of the pools business could be worth up to £100m. Another chunky cash windfall could result from a successful outcome to the firm's dispute with HM Customs & Excise. Sportech is claiming £97m rebate for what it says is overpaid VAT. The case is set to be heard in the Court of Appeal at a yet to be confirmed date. The receipt of either of these sums would more than wipe out Sportech's £60m of debt.Nick Batram, an investment analyst with Peel Hunt, forecasts that Sportech's pre-tax profit for the current year will be £11.3m, down from £12m last year.In a note published this week, Mr Hunt writes: "Although the Contagious talks have ended, we believe that the group is moving closer to the event or events that will realise some of the inherent value within the business."Both the VAT and Football Pools scenarios would see the group balance sheet transformed. A disposal of the Football Pools would also see Sportech become a focused and predominantly regulated US business. Net debt has reduced by c£3m since H1 (with the receipt of the NYX proceeds) meaning the group is not a forced seller of the pools business. We have trimmed our fair value to reflect developments in Connecticut, but the potential to benefit from an expansion in regulated gaming still remains a real prospect. A recovery in the share price is unlikely to occur until either one of the catalysts is achieved or management can demonstrate the business has stabilised. However, given the scale of the potential upside and the low rating we believe the shares remain a long-term Buy."Sportech makes two-thirds of its revenue in the US. Chief executive Ian Penrose told the Liverpool ECHO: "Despite the interest from Contagious we continue to run our business and develop it going forward. We have to carry on with business as normal until something happens that changes that direction."Sportech has developed technology that processes half of all trackside horse racing and greyhound betting in the US and the group offers similar services to BetFred's tote in Britain and similar trackside betting services in other countries.Sportech also owns a string of bars and restaurants in Connecticut, known as Winners, which offer betting facilities to diners. A similar chain of betting and dining venues is being rolled out in California under a new brand name, Striders
23/10/2015
09:39
utterly pointless: Interesting thought. But unlikely to be right. The share price was ~70p for a number of months before the Contagious bid.
14/8/2015
15:47
finkie: yep on iii in the news section contagious gaming MAY bid for spo at above current share price if they can raise the money, nice rise today but a speculative potential bid at this stage clearly we would also get 50% of the vat loot when that case settles in November if takeover proceeds.......presume they are confident of that and it reduces overall costs...?!
28/6/2015
03:37
nod: Richard Griffiths has taken his Sportech holding to over 8%He has been a long time in SPO.Mr. Richard Ian Griffiths (age 47) is the Executive Chairman at ORA Capital Partners Ltd. Previously, he served as the President at the firm until October 2005. Mr. Griffiths was the Chairman and Founder of Evolution Securities Limited in 2000. Mr. Griffiths served as the Chairman of Beeson Gregory Group PLC. since January 30, 2003 and served as an Executive Director. Mr. Griffiths served as a Joint Investment Manager at Marlborough Fund Managers Limited. Mr. Griffiths served as the Chairman of Evolution Group PLC from January 30, 2003 to October 25, 2005 and its Director from March 2001 to October 25, 2005. He has been a Director of a number of private and publicly owned companies. He served as Chairman of the Board at ORA Capital Partners Ltd. since November 07, 2005. Mr. Griffiths has been a Director of Evolution Group PLC, since March 2001 and chairs its Nominations Committee. Mr. Griffiths joined Evolution Group upon its acquisition of Evolution Capital in March 2001. He has extensive experience of company management, equity capital markets, corporate finance and restructurings, equity sales and trading and has also been an active investor in small and emerging companies, often in turnaround situations. He is a graduate from University of Leeds in Economics.He currently owns 17% of Euromax Resources a Canadian listed company with a volatile share price and current market cap of $60 million.Former ChairmanBeeson Gregory Group LimitedExecutive PresidentEvolution Securities Limited2001-2005Former Chairman and Chairman of Nominations CommitteeThe Evolution Group Limited2005-PresentExecutive ChairmanORA Capital Partners Ltd.
06/5/2015
02:44
nod: http://www.igamingbusiness.com/news/sportech-caugth-football-pools-sale-rumoursSportech caught up in football pools sale rumours5 May 2015Scott Longley Sportech was batting away questions over the future of its football pools business in the UK today after rumours hit the wires that the unit was up for sale with the company hoping to turn its full focus towards the US.A spokesperson for the company said it did not respond to media speculation after a Times reporter tweeted that the company was "rumoured to be mulling" a possible sale.One analyst suggested the rumours might be a delayed reaction to the news from the 2014 results statement in March that the company had written down £28m against the value of the football pools business.It would come as no surprise should it emerge that the football pools business was up for sale. Ever since Sportech bought Scientific Games Racing (SGR) in October 2010, its corporate focus has increasingly been trained across the Atlantic.In October 2013 the company also vacated the UK online gaming space when it sold its Vernon's branded business to NetPlay for £3m.Sportech has tried various means to arrest the decline of the football pools business, including a complete rebrand and online re-launch.In the 2014 results the company trumpeted that its direct business had acquired 23,000 new customers over the year, and that total customers from that channel had declined only 3% year-on-year. However, none of the moves have managed to stop the slide in total customer numbers, down to 286,000 at the end of 2014. (See chart). Revenues have suffered a corresponding decline, down to £38m in 2014 from £61.8m in 2008, and although operating profit has held up better in the past four years with tight cost control, it has still declined over the same period to £15.1m from £23.1m. (See chart 2).The biggest problem for Sportech – or any potential acquirer of the football pools business – would be the under-powered online business.In its 2014 annual report Sportech talks about the new footballpools.com website, powered under a new deal by NYX Gaming, but revenues from online are thought to be small.All of this should be seen in the context of a business where the focus in the past five years has switched dramatically.The Sportech Racing pool-betting arm contributed £34.5m in revenues in 2014 while the venues business, largely based in Connecticut, southern California and the Netherlands was worth £32.5m.Part of Sportech's plans include the launch in New Jersey where the firm launched a joint venture in February with NYX to supply Resorts Casino.Yet if the company were to dispose of the football pools business, it would be losing what one source close to the company described as a "cash cow".The operating profit figure of £15.1m still makes up three-quarters of the adjusted group total before corporate costs of £21.7m.The Sportech share price rose 0.5p on the day today to close at 67.5p
17/12/2014
22:17
trentendboy: 40 percent is a lot. Does it not matter? Then why are PTEC not trying to get in through usual routes? Lads not really got the financial clout to buy SPO but I do like your thinking. Nice theory and well thought out. The LAD share price could fall on news but yes, good for SPO price. I own shares in all four of these companies and get see the logic for all parties
26/6/2014
09:51
eezymunny: Not really news at all. I assume that there is a timing rule that states HMRC must hand over the dosh, but as it says they must hand it back if HMRC win the appeal. I remain strongly of the view that SPO will win the case (but who knows?). So we await 2 things... . the result of the appeal . news as to whether SPO will try to claim compound interest rather than just simple interest (as paid today). Then the SPO share price really would IMO go through the roof. My original thinking here http://uk.advfn.com/cmn/fbb/thread.php3?id=30375760&from=406 I've read the VAT case in detail since I posted that and more confident now that they will win - but all down to the UTT judges at the end of the day and not my opinion!
20/6/2014
11:38
trentendboy: The talk of Amaya (world's largest gaming group) leads one to build in a little "takeover" expectation into the SPO share price. Interesting times
Sportech share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20160928 10:17:52