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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Jpj Group Plc | JPJ | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 725.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 725.00 | 725.00 |
| Top Posts |
|---|
Posted at 10/4/2019 06:00 by newtothisgame3 The Times (Tempus share tips): SELL #Dunelm; HOLD #JPJ Group; SELL #Xaar. |
Posted at 12/8/2018 10:46 by chrisfillyourboots Interim results on Tuesday should result in analysts upgrades for JPJ and a 20% rise in shares to £12+ imo |
Posted at 02/8/2018 22:31 by danieldanj Key date approaching for JPJ shareholdershxxp://crweworld.com |
Posted at 26/7/2018 09:13 by danieldanj JPJ Group (JPJ) News Out Just Now |
Posted at 28/6/2018 09:06 by actofwill Nice move to 950p on the premium listing announcement from yesterday.To become part of the FTSE 250 the price needs to get through 1075p to be automatically eligible according to my calcs. I expect more fireworks at that level. So we have upward pressure due to uplistings, whilst we wait for debt to be slashed at a rate of GBP100m per year leading to a dividend when leverage is < 2.5x, enticing the dividend crowd, that I expected to arrive as I said 18 months ago for even more buying pressure. Edison says PF dividend rate is 4-5%... And in the mean time it's an eligible bride for the long overdue UK gambling consolidation post the FOBT eradication... |
Posted at 04/6/2018 12:52 by makw61 Article in the Times at the weekend about some short positions in JPJ. The shorters' concern seems to be that JPJ don't own the software that runs their sites. However, that would be quite normal i believe in the industry; most sites are just "skins" of software provided by third parties and generally the software provider takes an ongoing revenue share. The advantage of the model is that the software provider is incentivised to keep the sites fresh and that development costs can be spread over more than one customer.Hopefully, though, there is a copy of the source code in escrow so that JPJ can maintain / develop their sites if they ever fail to renew the software license. Anyway, bought a few of these on the basis that EV:FCF looks good. |
Posted at 15/5/2018 13:16 by ih_671431 Here’s the link to Jackpotjoy’s (JPJ) numbers to take a look at |
Posted at 05/1/2018 12:06 by actofwill Only new possible thought is that if the FOBT inquiry concludes then the UK gambling sector will be ripe for further consolidation... so would not be surprised if a GVC (enriched with Ladbrokes), WillHill or Rank Group combo will pan out in the next 6-12 months.JPJ makes +£300k per day in decently growing markets, mostly regulated, cheapest compared to peers and looking to pay a dividend ASAP which will close the discount to peers... If something is cheap and cheerful and moving towards a tangible catalyst, does one really need anything new - thoughts or otherwise? :-) |
Posted at 27/11/2017 08:43 by arnu gutierrez Jackpotjoy (JPJ)'s news just came out - Secures New Senior Secured Term and Revolving Credit Facility |
Posted at 28/3/2017 16:21 by getinthere57 Most of the points against JPJ are in the past. Currently relevant criticisms from shorts revolve around the debt including earnout and that Gamesys owns the underlying IP.The debt should be analyzed by tranche and while the most expensive tranche is at Libor +9, it is the first to be paid and constitutes a minority portion of the debt outstanding. Moreover, increasing cash flows show that the debt is manageable as long as one time costs are reduced. For me, hearing about what can be expected going forward regarding one time costs will be paramount. Up until the costs have been high but now that the LSE listing is over, the expectation is that true cash flows should be much improved in Q1 and beyond. In terms of the IP, there are many examples of B2C relying on B2B to supply gaming products. While it would have been better for JPJ to own the IP, the agreement in place is long enough that if they should choose could build their own IP out of the Vera and John acquisition which has capability. Hard to see how Gamesys would try and compete with JPJ when without this agreement they are operating at a loss. They are much more likely to go after other income streams, at least for now. So, I would agree that it is reasonable to apply a discount to JPJ but I would argue that the current share price reflects too pessimistic a view. It may take another quarter of positive cash flow and showing much reduced one time costs to attract the more pessimistic investors. |
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