Playtech Share Discussion Threads

[undervaluedassets] 24/8/2017 08:22

Something gets better and the price goes down ....what do you do?

you buy don't you ?

I have had a nibble

I find this is an opportunity that occurs surprisingly frequently on results days with equities; buying under these circumstance has very reduced risk for investors who are wise enough to take advantage.

[timanglin] 24/8/2017 08:19

I don't think I have ever seen a company report a 60 or 80 percent profit increase, cash flow increase and see a 5 percent drop on open. Shares never cease to amaze. Imho.

[phillis] 24/8/2017 08:14

Why post an RNS on a BB?

[nod] 24/8/2017 07:43

My screen is worn out scrolling through that.How many companies of this size grow at 20% - reliably.Apple ?Not that we are as big as Apple ... yet.

[timanglin] 24/8/2017 07:43

Pretty impressive.

[nod] 24/8/2017 00:27

PTEC has had a relatively quiet year on acquisitions.Appointing a new head of Financials and restructuring it into TradeTech indicates we will see more bolt on acquisitions in Financials.

[longwell] 23/8/2017 16:35

no large acquisitions bodes well for special dividend again, would help push share price well through 10..00 with a 50p special.

[oohrogerpalmer] 23/8/2017 15:52

It's amazing what impact these small acquisitions can make to a bigger outfit.
A company I worked for with a t/o of £60m bought a small tech co for £1m & because of it our t/o doubled in 5 years.
At the time I thought what a waste of effort and that's why I don't run it!!!!

[timanglin] 23/8/2017 14:51

This is the sort of deal that GVC used to make, e.g. With betboo. I am glad that PTEC are using this method of purchase. Roll on tomorrow

[nod] 23/8/2017 11:42

Transformational was the word the PTEC CEO used a year or two ago about its planned acquisitions, which turned out to financials but not everything went to plan due to regulators.I don't know anything about ACM but has 20 staff. A small upfront payment of $5 million with the big payment not until 2019 suggests ACM owner(s) are very confident of its future within the Playtech Group.

[trentendboy] 23/8/2017 10:59

Yes, they are really pushing financials. A good move imo.The rumour of course is that they are positioning the financials to be spun off as a separate business.

[slipperysidewinder] 23/8/2017 10:49

Looks like Playtech are taking their financials division extremely seruously. We could be witnessing the early days of a wing of tve business that may one day match the gaming division for size.

[eurofox] 23/8/2017 08:42

perhaps today's announcement has held things back

[nod] 22/8/2017 22:16

I really expected more buying ahead of the results.What's holding us back? Is it FUD over the government review?There have been some very large trades that look like insti sells. Late today a trade of 279,192 at 989.50

[ddubzy] 22/8/2017 12:36

Tough nut to crack!! Come on PTEC...

[trentendboy] 22/8/2017 09:38

Boom da tenner.Should hold it this time imo

[nod] 22/8/2017 08:21

Buys at 999.50 :)

[manics] 21/8/2017 12:35

PTEC shall not disappoint imo.

[ddubzy] 21/8/2017 11:18

IR on 24-8-17, looking forward to seeing progress and dividend update, maybe another special dividend in the offfering, we shall see.

[nod] 17/8/2017 10:45

Onwards and upwards to 1500 before Christmas :)

[longwell] 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.

[trentendboy] 16/8/2017 21:31

Nice steady rises back towards a tennerUndervalued assets becoming clearer

[nod] 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.