Playtech Share Discussion Threads

[phillis] 02/11/2017 17:18

"
citytrader66
2 Nov '17 - 09:21 - 2303 of 2323 0 1
dead cat bounce up to 767p.

avoid. low £7 today."

WHO IS THIS DUNCE?

[manics] 02/11/2017 15:50

Wot no DCB?

[bigboots] 02/11/2017 15:49

Be careful wait until tomorrow there is an ABB after the market close, think its Sagi reducing again

[aishah] 02/11/2017 14:24

Canaccord, BUY 1090p target:

"Playtech's shares are up by 19% in 2017, but it is still on a 2018 EV/Ebitda of 10.4x and a cash adjusted PER of 12.6x, against a peer group average of 10.7x and 15.6x. As a market-leading technology supplier into a structural growth market, we believe it merits a premium. Clearly, there will be disappointment at this update. But we would see any weakness following the trading update as a buying opportunity, and view the Capital Markets Day on November 14 as an opportunity for PTEC to demonstrate some of its technical innovations that underpin future premium growth expectations. We trim our TP from 1140p to 1090p to reflect the downgrades, putting it on an 11.5x 2018 EV/Ebitda and 14.2x cash-adjusted PER. BUY."

[aishah] 02/11/2017 14:22

Morgan Stanley, OVERWEIGHT, 1400p target:
"We see Playtech as a well positioned business in a structural growth industry and our recent work detailed the sustainability of organic growth in its developed markets (which the statement says remained strong), but this will provide little comfort until greater clarity is achieved. We rate the stock Overweight with a 1400p price target."

[mozy123] 02/11/2017 13:24

€376 million cash

Total available-for-sale investments were €241.8 million, an increase compared to the end of 2016, mainly due to an appreciation in value of holdings in Plus500 netted of by the depreciation in value of holdings in Ladbrokes and the exchange rate losses in total of €11.5 million.

[togglebrush] 02/11/2017 13:14

FWIW
'
Based on latest Interim report
Available for sale investments Ladbrokes and Plus500
values included in the following:
‘
Equity securities_____2017______2016 in ‘000 euros
‘
Listed UK Euros______237,168___222,859
‘
Dividends for available for sale investments
‘
Lower total dividends from the available for sale investment from Ladbrokes of EUR3.0 million (H1 2016: EUR2.5 million) and nil from Plus500 (with the dividend of EUR6.5 million received on 3 July 2017) compared to EUR6.4 million in H1 2016.

[dennislevine] 02/11/2017 12:54

bookbroker: PTEC owns c.10% of PLUS

[bigboots] 02/11/2017 12:28

Cannacord says buy on this weakness

[tsmith2] 02/11/2017 11:22

Any revised broker comments

[piwood] 02/11/2017 11:22

Jumped in here today the plus500 holding seems to have been ignored

[bookbroker] 02/11/2017 11:21

What % does this company own of PLUS?

[dennislevine] 02/11/2017 10:41

Best use of balance sheet strength now would be to fund a share buyback program

Plenty of value in Plus500 stake that could also be monetised

[tsmith2] 02/11/2017 10:37

actually bounce off intra support nicely

[togglebrush] 02/11/2017 10:11

Last time share price at this level
'
Date_________Open___High___Low___Close
14/12/2016__ 778.00 779.00 757.50 767.00

[craigy] 02/11/2017 10:05

5% below lowest expectations = 23% share price fallHarsh. Very harsh.Craigy

[tsmith2] 02/11/2017 09:52

intra-day chart - next leg down?

[togglebrush] 02/11/2017 09:39

Results for the year ended 31 December 2016 extract re ASIA
'
Geographical analysis of revenues by jurisdiction of gaming license
'
Analysis by geographical regions is made according to the jurisdiction of the gaming license of the licensee. This does not reflect the region of the end users of the Group's licensees whose locations are worldwide
'
Philippines 257,002 EUROS out of 642,966 is only identified Asian License
‘
Problems in Asia appear more important Than Sun BINGO

[shaker44] 02/11/2017 09:28

I noticed 2 big trades at open that were filled at 880. Both sells as it transpired. Maybe mm's got caught long and couldn't find buyers. Such a shame if they got burned on 100p a share plus in big numbers. Hehe

[togglebrush] 02/11/2017 09:23

Results for the year ended 31 December 2016 extract re BINGO
‘
Late in the year, the company successfully migrated The Sun Bingo to the Playtech platform as part of an initial five year relationship. While the technical migration was successful, the low quality of the data provided during the migration meant it required additional analysis to ensure that the information is correctly segmented into different types of VIPs to better utilise the customer base. The Sun bingo brand remains amongst the best and strongest brands in the industry and continues to attract high levels of new players, and Playtech remains committed to ensure the success of The Sun bingo through the delivery of better products, data analysis and services.
‘
Revenue was 17.8 million euros out of 708.6 million euros …

[citytrader66] 02/11/2017 09:21

dead cat bounce up to 767p.

avoid. low £7 today.

[bookbroker] 02/11/2017 09:21

That’s 7 to u, me and this box!

[bookbroker] 02/11/2017 09:20

Should have doubled down in the 40s!

[pre] 02/11/2017 09:18

Time to buy....