Playtech Share Discussion Threads

[slipperysidewinder] 01/9/2017 11:13

It really is rife for takeover.

[slipperysidewinder] 01/9/2017 11:12

Funny enough they have just jumped to 18 euro on Wednesdays interims and German press. The CEO has also recently stressed his determination to make them into a billuon euro compsny eithin the next 3 years. Treble todays value.

Worth a look hxxps://www.fintechgroup.com/en/

[slipperysidewinder] 01/9/2017 11:07

They should go for German Fintech outfit Fintech Group AG. I am a holder of their stock and their interims a few days ago show a grossly undervalued company going from strength to strength.

The company has its own bank, a thriving b2b arm and a b2c cfd budineds snd is a low cost stockbroker. The company seems to be going places now after a restructuring and a couple if acquisitions. They are trading at about 17.50 euro. Broker forecasts target up to 28 euro a share.

Furthermore, they have made their accounting much more transparrent and are planning moving to prime listing later this year.

I bought after Safecharge pulled out of a deal with them a couple of years ago because long term I like them more than Safecharge. They seem to have cornered Germany and Austria and are planning on taking on the established banks snd brokers in EU. I have gone overweight.

[trentendboy] 01/9/2017 10:11

The management do seem aggressive and competent without Sagi.

I remain confident that PTEC will continue to grow and dominate. There are fewer and fewer players left now.

GVC are a bigger threat as they have everything in house and can compete in the B2B market

[manics] 01/9/2017 08:48

...but surely. When really has PTEC put a foot wrong in recent history? Sagi selling down and that influence on the share price wasn't a company thing.

PLUS further illustrates if there's more deal making to be done we can have confidence in PTEC (imo).

[longwell] 01/9/2017 08:44

no special dividend, tradetech created, suggests to me more acquisitions in the lucrative financial sector, the software makes the cash and the financial sector then doubles it again. playtech is going places albeit slowly.

[shaker44] 31/8/2017 11:16

Sorry. Capital gains tax. For me

[nod] 31/8/2017 10:23

shaker, what's cgt?

[weemonkey] 31/8/2017 10:05

Plus500 is charging again.

[shaker44] 30/8/2017 14:05

Thanks Nod. Thinking of exiting all my stocks in this sector before the review, then buying back in. Has cgt implications though.

[nod] 30/8/2017 12:25

shaker, the government review was scheduled for October.Significantly lowering the maximum allowable bet makes political sense. I don't believe it will have the outcome that some argue.

[weemonkey] 30/8/2017 08:29

Same story as last year regarding Share price. Shares went down last year after decent results then recovered.

I expect the same thing to happen this year.

But PTEC is different beast now.

Impressive forward visibility, recent acquistions (BGT esp), movement into B2B financials and doubling in value of Plus500 holding were not in the mix last year.

[longwell] 30/8/2017 07:49

plus500 still rising, will more than compensate for strong euro.

[shaker44] 30/8/2017 05:07

Interesting. Thanks. I heard a guy from uk gambling commission doing radio interview last week about problem gamblers and regulatory changes. He suggested that a fee equal to 1% of marketing budgets not uncommon in other countries, to fund gambling addiction assistance. Not sure how big a hit at various companies, or when. Anyone know when the talked about regulatory changes are due for publication??

[nod] 30/8/2017 04:58

Playtech Sees Future in Retail, Online Sports Betting
29TH AUG 2017 | WRITTEN BY: DAVID ALTANER

Playtech sees a “huge opportunity” in helping sports-betting operators link their online, mobile and retail operations to create the so-called omni-channel route, its chief executive has said.

Retail sports betting is not dying, as some fear, and one key to future growth for Playtech is helping retail operators enable a seamless transition between smartphone, PC and retail for their customers, said CEO Mor Weizer.

“The future lies with a combination of both — the convergence is inevitable,” Weizer told analysts last week. He was touting Playtech's BGT Sports unit, the bulk of which was built last July when the company bought Best Gaming Technology (BGT) for €138m.

[shaker44] 30/8/2017 01:20

Yet I saw the top 5 buys reported totalling 190m£ @ 975. And presumably not unreported sells at that price.

[nod] 29/8/2017 19:40

The Euro hit a high which caused some anxiety across European markets on Monday. A high Euro hurts PTEC in our results which converts trading and cash into our reporting currency of Euros at year end on 31 December.

[longwell] 29/8/2017 19:21

Looks like institutional selling.
I am selling 30k of paysafe and buying tomorrow, cash generative, future company split, dividends and buy backs.
May lose an extra 1.00 on pays but will make it back here twice over in next 2 years.

[trentendboy] 29/8/2017 19:00

Poor so performance of late, looking tempting for a spreadbet for a quick return to a tenner.Wonder what is causing the drop. Not obvious

[nod] 26/8/2017 07:45

Numis has just set a target price per share of GBX 1275.00 on Playtech (LON:PTEC) shares. This is 29.38 % from the last stock price. In a note made public on 24 August, Numis Securities kept their “Buy” rating on shares of PTEC.

[nod] 26/8/2017 07:42

Over the past five years PTEC has reported extensively on "regulated markets". They welcome regulated markets as it helps their strong market position grow stronger. They report in every results the growing percentage of revenue earned in regulated markets around the globe. That is now 50%

PTEC used the word "regulated" some 20 times in the RNS on Interim results.

Mor Weizer pointed out that he is very happy operating in highly regulated markets.

PTEC achieves 20% annual growth while focusing on growth in regulated markets and closing down some unregulated at-risk operations.

[nod] 26/8/2017 01:51

From PTEC web site Warning: Statement on Fraudulent Aeon OptionsIt has come to Playtech's attention that unknown individual(s) or entity(s) have misused and are continuing to misuse the names of Playtech group entities, Markets Limited (which owns Markets.com) and Safecap Investments Ltd (which operates Markets.com), and the name of a director of Markets Limited to register the domain and publish a website page accessible via the URL www.aeonoptions.com. This website purports to offer services from Safecap Investments Ltd in relation to binary options trading. Neither Safecap Investments Ltd nor Markets Limited or Playtech has any association with AEON Options and they have not consented to the use of their names on this website. This appears to be a bogus clone or impersonation of Safecap Investments Ltd, which indicates that it may be part of a scam.If you think you have been a victim of fraud resulting from the AEON Options website, you should report it to your local law enforcement agency and seek independent legal advice.

[dennislevine] 25/8/2017 16:36

UK investors / markets have always seemed to struggle with this name; with ultra conservative balance sheet, & Sagi all but gone would not be surprised if private equity firms have not thought about buying this. Not many B2B focused operators in tech space like this that generate significant amounts of cash year in year out; straightforward for PE to leverage that up as part of returns potential.

A poorer, smaller version of Playtech, Net Ent (Sweden) trades on closer to 30x earnings.

Agree on regulation - goes with the territory and will always be in the background to some extent; nature of the sector.

[undervaluedassets] 25/8/2017 16:03

Regulators are red herring that surfaces all the time...

Regulators will always be there

But Ptec is too well diversified by business and by geographies to be affected.

And moving into to B2B and finance now. So even better diversified now

[nod] 25/8/2017 12:23

Some of the press headlines on PTEC results focused on the Gambling Commission warning. I would have thought problem drinking was a much bigger problem in Britain.TEMPUSaugust 25 2017, 12:01am, the timesPlaytech shrugs off fears over red tape in gambling sectoralexandra freanIt was perhaps an unfortunate coincidence for Playtech, the gaming technology company, that news of its 25 per cent increase in first-half revenues coincided with a warning from the Gambling Commission that more than 500,000 people in Britain are classed as problem gamblers.