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PPB Paddy Power Betfair Plc

5,676.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Paddy Power Betfair Investors - PPB

Paddy Power Betfair Investors - PPB

Share Name Share Symbol Market Stock Type
Paddy Power Betfair Plc PPB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 5,676.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
5,676.00
more quote information »

Top Investor Posts

Top Posts
Posted at 19/4/2019 09:39 by 84stewart
Having been a PP bettor/investor I find it clueless why they teamed up with the clowns at Betfair who can take up to 12 days to pay out when lad ,sky, hills &coral can take max 5 days and give better service.
Posted at 09/12/2016 09:19 by philanderer
upgrade...

Paddy Power Betfair Plc (LON:PPB) was upgraded by analysts at Berenberg Bank to a “hold” rating in a research report issued to clients and investors on Friday. The brokerage presently has a 8300p price objective on the stock, up from their previous price objective of 7500p
Posted at 19/8/2016 20:21 by philanderer
The week ahead: Glencore, WPP, Paddy Power Betfair


Expecting a "solid" set of first half results from Paddy Power Betfair (PPB), Barclays is making room for cash profit of £176 million as a result of further market share gains and a positive Euro 2016.

Investors will look for guidance on cost synergies, wagered growth, full-year guidance and technology integration. News on the integration of the pair will also go down well seeing as the merger was just six months ago. A target price of 115p underpins its 'buy' rating.

"PPB is our Top Pick. We believe that the shares could double. There is a lot for management to potentially discuss at the H1 results, yet it is unclear how much management will want to give away," says analyst Patrick Coffey.

Diditallook.com


Davy Stockbrokers released a note in which explains that the announcement for company’s financial results will be closely monitored not only because it will provide analysts with insights about the future strategies, but also because it will give them with an update related to the synergies, the impact of the changes in the management and the overall integration process.

Back in April, Paddy Power Betfair released a trading update and reassured the interested parties that the integration process was going according to plan.

Davy remains optimistic about the soon-to-be-published financial results. Paddy Power Betfair merger is expected to lead to higher cost savings in a long term. It is also expected to achieve positive operational gearing in the next few years and develop technology that would make the company a self-sufficient in the long run.

According to Davy’s analysts, Paddy Power should report strong growth of online gambling activities in Paddy’s Australian operations and Betfair’s US ones. Expectations are generated EBITDA for Q2 of the year to be at least £120.4 million. Summer months were pretty busy, especially during the “bookie-friendly” Euro 2016, which made analysts hopeful that Paddy Power Betfair will post improved revenues and earnings.

Davy Stockbrokers’ analysts released a joint report related to Paddy Power Betfair H1 performance and emphasized that the 7-month period since the deal was closed was enough for posting stable revenues. They also noted that there is a chance Paddy Power Betfair to exceed their expectations as far as projected savings were concerned and added that they consider the £50 million synergies a bit conservative.
Posted at 18/8/2016 17:22 by philanderer
'Paddy Power Betfair: a good bet?'

The newly combined Paddy Power Betfair is one of the UK's biggest bookmakers. Is it worth a punt for investors?
Posted at 20/4/2016 21:12 by philanderer
'Market Report: Paddy Power Betfair tumbles as Credit Suisse questions merger'


Shares in Paddy Power Betfair sank after Credit Suisse questioned the “extent of the benefits” from the newly-merged betting giant.

The investment bank said synergies alone are a poor rationale for M&A in a growth industry such as online gaming. Ed Birkin, of Credit Suisse, said: “We believe that scale is not as important as many believe, and is no indication of potential market share gains.”

As separate entities, both companies had strong brands, high quality management teams and good products, the bank said. As such, it believes the post-merger share price reaction is overdone.

Given its apprehensive tone, Credit Suisse began covering the FTSE 100 stock by issuing an “underperform” rating and a price target of £86.50.

The bank urged investors to remember that “it is unlikely that every merger will be a success”. However, Mr Birkin highlighted the merger will lead to a significant boost to the technology budget and marketing spend.

While analysts acknowledge the combined management team are extremely strong, they are less convinced about the scale of the potential benefit in bringing the two companies together, compared to leaving them as standalone entities. Shares closed down 405p, or 4.3pc, at £89.25.

Shares surged by more than 60pc since the merger, which created a €10bn gambling giant, was announced in August.
Posted at 16/3/2016 20:15 by philanderer
Telegraph market report:

Shares in gambling companies bounced back from sharp losses suffered earlier in the week after it escaped the wrath of the Chancellor’s red box.

Mid-cap group Ladbrokes rallied 5.9pc to 121.7p, William Hill leapt 3.9pc to 379.6p and Paddy Power Betfair edged up 0.7pc to £91 as the sector escaped any further measures that could reform business at the bookies. On Monday, the industry was rocked by speculation the Government might hike taxes on gaming machines and online earnings. Last week, broker Investec spooked investors warning a final decision on the structure of the future racing levy was on Budget day.
Posted at 12/2/2004 12:46 by master rsi
FROM ....SHARES STRONGLY UP this week 09/02/04 (UPS)

Master RSI - 12 Feb'04 - 12:42 - 440 of 440 edit

Wole

PPB
This is a mandatory offer, (for going over 30%) does not mean they will bid for the company, other wise what is the point for shareholders to be invited to subscribe for new shares.

   News....
The Investor Group has therefore incurred an obligation make a mandatory
offer to Matisse shareholders at 1p per share.

Accordingly, shareholders will be invited to subscribe for new shares by way
of an open offer of 13,834,500 new ordinary shares on the basis of ten new
shares for each existing share held at a price of 1p per new ordinary share. The
open offer will not be underwritten.
--------

Share price will open lower after issuing so many shares at a lower price but not to the price of 1p.

Whoever have shares you better take them up otherwise, you will lose more money yet.
Posted at 23/1/2004 20:57 by simonevans
States in the Investors Chronicle that WSS have invested in this. Any knowledge of this - not seen an RNS.
Posted at 06/4/2002 00:17 by twohopes
Likewise. Still in and remaining patient. Most of these penny shares suffer from periods of inactivity, and of course some investors get bored and leave the party. But they also react strongly to even thin volumes of trading, so in my experience it's usually worth waiting for the action to start because when it does it's sudden and often spectacular.
Posted at 07/3/2002 17:05 by go han
The point about WINS being the only firm willing to make a market in this stock for the reasons given does not really stand up when you conisder that:

a) the likelihood of the investor beating the MM is very low,
b) even if the investor got the upper hand by heavy buying, the MM's main tool to counter this is to encourage sellers, ie by raising the bid!
c) what risk does one MM take by moving the bid and offer when he can see all the orders in the market whereas the investor can't?

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