Netplay TV Share Discussion Threads

[casabella2] 20/3/2017 11:07

What has happened to earnings release prior to market opening on the 20th of March 2017.What are they trying to hide I wonder.Figures too good?.c2.

[casabella2] 18/3/2017 08:43

Lets see what the results bring on Monday.

[ambond] 16/3/2017 14:11

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.

[maloneyt] 16/3/2017 11:26

Yet just another rip off firm, by a rip off AIM market (Which should be closed down imo). The list of which is very long that includes the likes of koovs, liv, pet, rpt, vog, wts, and many more..........should have kept well away.

[richjp] 13/3/2017 14:40

ali47,

If your shares are in a nominee account, you will have to speak to the nominee and see if they can give you some sort of letter to prove that you hold a certain number of shares, although I am still not certain that you will be able to vote.

[trentendboy] 13/3/2017 12:26

Ain't that the truth

[chimers] 13/3/2017 11:32

"Management" were very up to it ............THEY FISTED YOU!!

[trentendboy] 13/3/2017 11:15

We are screwed. If this does not go through I fear that NPT are just not good enough to make a fist of it. Management is simply not up to it.

This is a bad deal but the only deal in town.

I will take a large haircut on this but little option by the looks of it. Haircut could be even greater if it does not go through

[beauuk] 13/3/2017 11:03

DON'T GIVE UP YET!
The wording of the offer states that the scheme will be approved "if shareholders who represent a majority in number and hold at least 75% in value of the shares HELD BY THOSE SHAREHOLDERS WHO VOTE, VOTE FOR THE SCHEME" This is not the same as 75% of the total shares in issue, but 75% of those who actually vote!
At this time they have irrevocable undertakings in respect of approximately 39.25% of the total issued shares, which equates to 115,270,885 shares (out of a total of 293,683,785 in issue).
If no-one else votes in favour of the scheme it can be defeated if more than 38,423,628 votes are cast against it. This number represents a mere 13% of the total issued shares. (Votes should be cast by 20 March, for forwarding by 23 March)
I have just cast 1,250,000 votes against the proposal, so surely it should not be too difficult to reach the required number if we all vote. It is, after all, a most unsatisfactory and derisory offer.
As I said above....DON'T GIVE UP YET

[ali47fish] 05/3/2017 09:48

iam in a nominee account and i want to vote- even if i buy one share i would still have to pay commission- is there any way i can do this with liile expense- is the general meeting in london for voting anyone please!

[coxsmn] 04/3/2017 17:39

Very good article on pg14 of this weeks IC, says it all:"Kindred's bid brings into sharp perspective the derisory offer for rival Netplay TV from acquirer Bettson, a company that has been a leading consolidator in the online gaming sector following its acquisitions of TonyBet and Racebets in 2016. Bettson is only offering an 11 per cent premium to Netplay's average share price over the past three months, and values Netplay at less than six times analysts' cash profit estimates to enterprise value for the 2016 financial year. Netplay's shareholders are also being deprived of their final payout, a wholly unacceptable state of affairs as I highlighted a fortnight ago"Dyor.coxsmn

[brownie69] 04/3/2017 10:59

I shall of course vote no. Very questionable attempt to steal this on the cheap. The issue is what is fair value.

Based on the recent TTR deal arguably in the 14 to 15p area. But I would take less, 12p would do it for me. Why?

well NPT uses PTEC technology, that is Teddy Sagi again, so ifm another buyer took this over could they continue on the PTEC platform? If so on what terms? I don't think mr Sago has a reputation for playing nice, far from it.
Also its smaller scale than TTR, ie it will not move the dial for the big operators, just not a game changer. But still a useful vehicle for someone who wanted to grow a decent business.

[coxsmn] 03/3/2017 18:10

Netplay walked away from a £100m deal to acquire the football pools and now its been sold for a mere £83m. Sounds like Netplay did a poor job of negotiating and another missed opportunity. http://www.telegraph.co.uk/business/2017/03/02/sportech-sell-historic-football-pools-business-83m/amp/

[maloneyt] 02/3/2017 17:31

LSE, please close the AIM market, and get the companies to return to shareholders their investments back in full. This market is a Big CON. we buy high, wait many years, then the company is sold off by management for peanuts. What kind of a market is that??

[raybawilliams] 02/3/2017 17:04

When we will see the option to vote this down in our sharedealing accounts? I'm using my 100,000 shares to vote no!!

[casabella2] 02/3/2017 16:48

Cannot understand how the institutions could possibly back such a deal.c2

[bigdazzler] 02/3/2017 16:47

A big fat rejection vote from me.

[norbert colon] 02/3/2017 16:31

Yep looks disgraceful - not had chance to read them yet

[speedsgh] 02/3/2017 15:43

As an aside, I see the £83m sale of The Football Pools to private equity firm OpCapita has been announced today. This is somewhat less than the previously proposed £97.25m sale to Burlywood Capital announced in Sept 2016 but which subsequently fell through.

Proposed Disposal of the Football Pools Business for cash consideration of £83.0 million -

[touche] 01/3/2017 18:27

I will vote against this scheme. Need a higher offer for my shares.

[speedsgh] 01/3/2017 18:00

Posting of the Scheme Document -

Scheme Document (from Netplay website) -