Playtech Share Discussion Threads

[ali47fish] 01/12/2021 17:16

there is an rns now about ptec and aristocrat making progress- no mention of the other bidder?

[nickg100] 26/11/2021 18:30

Got this emailed to my inbox yesterday .. . Thoughts anyone? "Aristocat (UK) Holdings have made an offer to buy Playtech plc for 680p per share. Shareholders will vote on the takeover at meetings on 12 January 2022. 

[wolfhound1] 25/11/2021 09:06

Sp up nicely this am but no news I have seen, US markets closed for TG, I wonder - might a RNS from an interested US party be imminent?

[wolfhound1] 22/11/2021 16:27

Get the feeling we may see some news this week after all GLA

[dr biotech] 19/11/2021 16:05

I should have held on. To succeed any bid has to be 10% above the initial bid - so 748p. I’d say it was unlikely that the Aussie lot would bid again, considering that they had to raise money to pay for the initial bid. Perhaps a mix of cash and shares would be possible - but I think it’s unlikely. So for me this is as good as it will get and selling now would be the safest approach. Admittedly I didn’t think that there would be a counter so I’ve not got great form on this. Good luck either way.

[wfra] 19/11/2021 15:48

Price is already going back up so probably not too much to worry about unless JKO pull out too I might even put more in

[oggyrocks] 19/11/2021 13:47

Didn’t think they would be the ones to end up with this. They will make enough as they hold 5% of stock. There will be others who are looking at it. This is a very attractive business and lots of people will want to be involved.

[ali47fish] 19/11/2021 12:51

Whitehouse why gopher gone-any reason given

[wfra] 19/11/2021 12:40

Frustrating news

[the white house] 19/11/2021 12:02

Gopher gone

[wolfhound1] 18/11/2021 17:59

Post the Thanksgiving holiday might we see more activity from potential US bidders ? let's see

[darrenp746] 18/11/2021 17:18

Sell price briefly showed as 848p on HL website just after closing…. A premonition?

[wfra] 18/11/2021 11:00

1000 would be amazing I made the blunder of expecting the price to drop after the takeover like many other takeovers this year eg entain so I sold my 2k shares at 678.5 then was told to buy back in at 712 Very happy I didn't miss out on too much

[wolfhound1] 18/11/2021 08:34

@wfra, lol, that's very kind, largely gut instinct from looking at the share price graph, upward spikes well above existing offer indicates someone knows something, but you can never know for sure. I do think we are heading for 850+ could go as high as 1000 if it gets to a bidding war, rush if blood to the head and ego's come into play i suspect this latest consortium will also start stake building - after all they will need to get something for their trouble if their bid is trumped :) GLA

[the white house] 18/11/2021 08:12

Marvellous stuff here, amazing involvement by 3 lesser players while a major users such as entain/PP have not had a sniff (yet) I see that the major activist SpringOwl was quick to accept the first offer made at 680 & gave an irrevocable undertaking at that level and are now selling above that in the market. Is Aristocrat the buyer or???

[wfra] 18/11/2021 08:05

I'm expecting another bid too @wolfhound1 I'm a newbie in the stock game I'm only in my mid 20s but can you please tell me what data you were looking at when you said you expected some news? You basically have a crystal ball :D thanks

[aishah] 18/11/2021 07:57

Hoping for a knockout offer from SCI in due course

[privileged] 18/11/2021 07:24

I work in the industry and never heard of JKO! Thought SG may get involved (SciGames) , may be more to come here!

[oggyrocks] 17/11/2021 21:55

Good article - well found. Interesting times ahead. Still holding. Wonder if anybody still trying to short this share ?

[w1lbur01] 17/11/2021 21:12

http://news.sky.com/story/former-f1-boss-jordan-revs-up-1633bn-counterbid-for-london-listed-playtech-12471088 Former F1 boss Jordan revs up £3bn counterbid for London-listed Playtech

[wolfhound1] 17/11/2021 15:44

Get the feeling that share price is getting ready for some news......lets see

[the white house] 12/11/2021 13:21

Took just the 8 days to read my post & type it up, poor journalism Todays Scheme Dic RNS is giving plenty of time to Gopher to intervene setting 12 Jan as one deadline. It fails to define an allotted time that it will allow Gopher to counter bid, which it itself gives Gopher further time to get its ducks in a row. What I think could work is a selling of off the Italy online & b&m base of 2k outlets. Going hugely well and some of the big Euro players could help fund the rebid thus leaving a thriving tech supply co as standalone for the winner

[wageslave] 12/11/2021 12:43

Playtech's Hong Kong connection stokes counterbid speculationMystery stakebuilding by Birmingham City backer. https://www.ft.com/content/2d475063-4ea7-4f02-9323-02b908e081bd

[the white house] 11/11/2021 09:56

The synergies would be good I agree l, but I was more referring to similarity with their businesses and the ongoing comparable demand for both. IGT with its London HQ (but as listed in US is largely overlooked here) has gone through a couple of take-overs/expansions and until the bid for Playtech I was surprised neither had attracted any attention...Up another 10 today, sellers market across the sector it seems

[wfra] 10/11/2021 10:17

@the white house Are you expecting a bid from IGT is that why you mentioned their postive earnings? It wouldn't surprise me if they did bid.