Playtech Share Chat (PTEC)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Playtech	LSE:PTEC	London	Ordinary Share	IM00B7S9G985	ORD NPV

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-7.50p	-0.76%	976.50p	977.50p	978.50p	981.50p	973.00p	981.50p	401,515	16:35:20

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Software & Computer Services	603.9	170.7	52.3	17.5	3,150.41

Playtech Share Discussion Threads

Showing 2826 to 2850 of 2850 messages

Chat Pages: 114 113 112 111 110 109 108 107 106 105 104 103 Older

Date	Subject	Author	Discuss
17/8/2017 10:45	Onwards and upwards to 1500 before Christmas :)	nod	Read Full Thread Reply
17/8/2017 07:54	broker recommendation and Sunday paper review catalyst for good run up to results. expecting special dividend as well. 10.00 will come and go quickly imho.	longwell	Read Full Thread Reply
16/8/2017 21:31	Nice steady rises back towards a tennerUndervalued assets becoming clearer	trentendboy	Read Full Thread Reply
14/8/2017 20:12	The issue is that some people will spend every penny in their pocket while others will be more frugal and save some pennies for another day.If I gave my children £20 each to spend on rides and stalls at the fairground, my son would always save £10 whereas my daughter would always continue until she had spent all the cash. Same family background, same schools, very similar personalities, yet different approaches to money.Reducing the cost of rides from £1 to 50p would not result in my daughter bringing home £10.	nod	Read Full Thread Reply
14/8/2017 18:02	Mon, 14 August 2017 UK gambling review risks raised, Credit Suisse picks out Paddy and Playtech (ShareCast News) - There is a much higher chance that the government will slash the maximum stake for gaming machines to £2 amid the new political climate, leading to a 40-50% cuts in profits for bookmakers, analysts at Credit Suisse said on Monday, as they advised clients which stocks to back. In the near term, the UK government's Triennial Review is a "key binary event" for big bookmakers William Hill and Ladbrokes Coral: "We believe the risk of the maximum stake for gaming machines being cut to £2 from £100 has materially increased since the UK election. "The Review process appears misunderstood by the market, driving a mispricing of this risk." Based on the available data, a £2 limit would hit profits by circa 40% at WMH and circa 50% at LCL, with around a thousand shop closures between them at a combined cost of close to £200m. Sector-wide, there is a theme of a shift from retail betting to online, with continued relative growth predicted from online players, which drives an assumption that more online-focused Paddy Power Betfair can generate of 9% earnings compound annual growth between 2018-2021, with 8% for online gaming software specialist Playtech, 3% for LCL, and 2% for WMH. ANALYST RATINGS Playtech was given an 'outperform' rating by the Swiss bank and a 1,200p price target as analyst Tal Grant began coverage of the stock, also upgrading PPB as the sector's top pick and downgrading LCL. PPB, upgraded to 'outperform' from 'neutral', is preferred as its P/E multiple relative to the FTSE 100 has recently slipped to decade lows, with the stock given a new target price of £92. Ladbrokes was downgraded to 'underperform' from 'neutral' and given a new TP of 110p as more risk is predicted from the UK government's Triennial Review that for WMH, which was kept on a 'neutral' rating but given a new target of 240p. PLAY PLAYTECH Playtech is the second most preferred name in the gaming sector for analyst Grant, who forecast double digit earnings growth to 2020. He sees four areas of upside risk for the company: from newly regulating countries such as the Netherlands; market share growth in live casino games; market share growth in sports-betting where the BGT acquisition has transformed Playtech's offering; and M&A potential where current management's track record on M&A is seen as strong, "implying value creation is more likely than value destruction from further deals". Grant also sees room for a re-rating "as the market begins to more consistently value Playtech's China-related risk, and following a down-sizing in the holding of founder Teddy Sagi, with whom Playtech had historically done a number of related-party deals".	libertine	Read Full Thread Reply
14/8/2017 10:41	still an effect on share price from off loading of a large % of shares. I think after results if forward looking statement is positive playtech will start to unlock its potential.	longwell	Read Full Thread Reply
14/8/2017 09:03	I have added.. would add more ..But I think it important to never have more than 5% of capital in any one holding.. (not in single equities anyway).. In truth I am at 6% now so have broken my rule. Agree with everything that has been said recently (this is a well informed BB)... I think that Mr Sagi fading into the backround is helpful ...His diluted influence will allow PTEC to garner new friends. We are all rather preaching to the converted on here. hopefully a growing yield, growth profile and obvious cheapness will attract fresh investors.	undervaluedassets	Read Full Thread Reply
14/8/2017 08:04	14 Aug Playtech Ltd Credit Suisse Outperform 946.25 - 1,200.00 Initiates/Starts	libertine	Read Full Thread Reply
14/8/2017 07:54	good reinforcing balanced view. playtech has a lot of potential yet to be realised.	longwell	Read Full Thread Reply
13/8/2017 13:35	A good article and matches my thinkingThere is no reason it cannot get to a PE of 15 ratingI continue to buy but also have long SB	trentendboy	Read Full Thread Reply
13/8/2017 12:04	Again thank you. The article doesn't mention assets available for sale such as plus, generating pleasant passive cash incomes for ptec.	timanglin	Read Full Thread Reply
13/8/2017 11:50	Thsnks libertine	slipperysidewinder	Read Full Thread Reply
13/8/2017 10:36	That's a fair but limited comment. The wsy most of ud see things here.	slipperysidewinder	Read Full Thread Reply
13/8/2017 10:19	Founders that loom large over their companies long after they established them can be a mixed blessing for stock market investors. Yet founders withdrawing their interest can be just as disruptive in the short term as those that perch on the chief executive’s shoulder. Playtech suffered a wobble in June as the founder of the gaming software provider sold another tranche of shares. Teddy Sagi, the colourful Israeli billionaire, is intent on diversifying his fortune. He wants to increase his property interests, having recently taken private the holding company behind London’s Camden Market, and bought into German real estate developer Brack Capital Properties. In his sights are the flexible working spaces beloved of WeWork, The Office Group and Regus, plus ecommerce opportunities. Sagi’s sale of 36.5m shares raised £337m and left him with a 6.3pc stake in the business he founded in 1999. As recently as 2015 he owned more than a third. His timing was excellent, with Playtech shares at, or close to, an all-time high this summer that values the company at £3bn. Although he remains a shareholder, the company’s dealings with Sagi will change. He remains an adviser, but their “relationship agreement” draws to a close, and he can no longer nominate two non-executive directors to the board. That could mean no more related-party transactions, one of Sagi’s corporate calling cards, having sold Playtech €670m (£604m) of companies from elsewhere in his empire over the years. Such trading tactics has won the company no friends among the corporate governance brigade, but a Morgan Stanley analysis suggests that Playtech has done well out of the deals, even if the prices paid were hard to evaluate at the time. The question is where the company goes next. Online gambling is going gangbusters, with estimates – Morgan Stanley again – that in the UK alone the addressable market is increasing in size by £600m a year, which is the equivalent to a new estate of 1,700 betting shops opening annually. Playtech provides the software and services behind the games to more than 130 licensees globally, including betting brands such as William Hill and Paddy Power Betfair, plus mobile operators, casino groups and lotteries. Most of its income comes from powering online casinos. What it calls its omni-channel gambling service lets operators and their customers use a single account to play on any channel. There is no reason it should be hit by the gloom affecting the UK betting firms as the Government readies a crackdown on the lucrative fixed-odds betting terminals this autumn. Instead, opportunities lie further afield as markets where online gaming is still small beer gear up for growth as new regulations are introduced. Regulation is on balance a boon to Playtech. However, there is some investor uncertainty about how the important Chinese market develops, which the group largely serves from a licensed base in the Philippines. One small blot on the landscape at home is the Sun Bingo contract, which has had a tough start moving on to the Playtech platform and incurred losses. If it wasn’t for the impact of Sun Bingo, Simon Davies, an Canaccord Genuity analyst, may have been forced to upgrade his forecasts for the group. As it is, he expects the year to end with that particular contract close to a break-even run rate and first-half group revenues to grow 21pc, or around 7pc on a like-for-like basis, when Playtech reports on Aug 24. The company is throwing off cash. Last year it returned €296m (£266m) to investors through progressive dividends, a special dividend and a €50m share buy-back. Expect more of the same. By the end of this year, Canaccord forecasts Playtech will be sat on €467m of net cash, rising to €722m by the end of 2019. That leaves plenty of room for acquisitions to boost its technological expertise or expand into related areas such as lotteries or sport. After buying Sagi’s TradeFX business two years ago, Playtech already has a contracts-for-difference trading arm – which is expected to report a sharp improvement this time – and it spent €240m on four purchases last year. The shares are trading on 12 times next year’s forecast earnings, which suggests the City has yet to fully appreciate the opportunities that lie ahead. The founder might be selling, but the shares are worth buying.	libertine	Read Full Thread Reply
13/8/2017 08:53	Can anyone post whole article?	slipperysidewinder	Read Full Thread Reply
13/8/2017 08:20	http://www.telegraph.co.uk/business/2017/08/12/questorplaytech-looks-sure-bet-despite-founder-planning-diversify/	manics	Read Full Thread Reply
12/8/2017 04:02	Haha. I think they only take one way bets. Up up up!	shaker44	Read Full Thread Reply
12/8/2017 02:26	£87 million on one bet. You'd think they were gamblers.	nod	Read Full Thread Reply
11/8/2017 16:59	Thank you libertine. Plus has turned out to be a pretty good purchase. As to the tax position it looks like ptec pays more tax than amazon on a mkt cap basis.	timanglin	Read Full Thread Reply
11/8/2017 15:58	Plus Major Shareholdings Notifier Holding Value Playtech group 10,756,067 £87,285,481.24 JPMorgan Chase & Co 10,643,179 £86,369,395.15 Louis Peens 10,330,061 £83,828,442.65 Odey Asset Management 9,862,342 £80,032,903.07 J.P. Morgan Securities Plc 8,969,013 £72,783,538.44	libertine	Read Full Thread Reply
11/8/2017 13:23	According to the old rns Ptec owns 9.9 percent of plus? Could someone confirm? Thanks	timanglin	Read Full Thread Reply
10/8/2017 14:43	Something going on behind the scenes st Plus 500. Msybe s bidder will emerge, possibly Playtech?	slipperysidewinder	Read Full Thread Reply
10/8/2017 12:30	PTEC paid only 6.3 million tax on its huge profits. That would upset ethical investors."The Company is tax registered, managed and controlled from the Isle of Man, where the corporate tax rate is set at zero. The Group's main trading subsidiaries are registered either in the Isle of Man, British Virgin Islands, Alderney, Gibraltar or Cyprus, where effective tax rates are low or set at zero. Other subsidiaries (normally related to the Group's development centres) are located in other jurisdictions and operate on a cost-plus basis, and are taxed on their residual profits. The tax charge in 2016 was 6.3 million (2015: 5.6 million)."	nod	Read Full Thread Reply
10/8/2017 11:15	hxxps://simplywall.st/news/2017/08/10/playtech-plc-lseptec-can-the-high-growth-still-justify-its-august-share-price/ And so say all of us..	undervaluedassets	Read Full Thread Reply
10/8/2017 10:15	So the Playtech stake is is in excess of 200 mil. Probsbly now yielding about 20 mil a year that goes straight through to the bottom line. Quite remarkable.	slipperysidewinder	Read Full Thread Reply

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