Playtech Share Discussion Threads

[sailing john] 15/6/2018 09:03

I've exited until the dust settles.
GL - SJ

[dennislevine] 15/6/2018 08:19

hxxps://calvinayre.com/2018/06/14/business/italy-gambling-crackdown-advertising/

[slaccs] 15/6/2018 08:08

anyone know why the big drop this morning?

[sailing john] 11/6/2018 07:57

Re above

In summary valuation and price paid largely dependent upon 2019 EBITDA. A clever and cautious deal by Playtech imo

[nod] 11/6/2018 05:01

Anybody know more on ACM progress?LeapRate Exclusive... LeapRate has learned a number of further not-yet-disclosed details about Playtech's 2017 acquisition of Forex and multi-asset market maker and white label provider Alpha Capital Markets (formally ACM Group Limited). And, that the deal – widely reported as a $150 million acquisition – will most likely end up being completed for (a lot!) less than that amount. What were Alpha's annual Revenues and EBITDA leading up to the acquisition? Why is the actual amount paid by Playtech to ACM shareholders – which won't be fully settled until 2020 – likely to be a lot less than $150 million? Get all the details and analysis, exclusively at LeapRate.

[nod] 07/6/2018 11:44

PLUS is flying again. PTEC's investment there has gone up three-fold over the past year, without lifting a finger.I would sell some now if I were PTEC.

[nod] 07/6/2018 11:36

A price of 1010p was very good given the quantity. It was a good return for PTEC. It looks like it will be good for GVC too as the buyer looks like a long-term investor at that price.

[argylerich] 07/6/2018 10:01

Shore capital reiterates a BUY for the umpteenth time

[trentendboy] 07/6/2018 09:29

So they got £200 million for their stake.

Not bad return - using the money to pay down debt and acquisitions - makes sense

Better to put the money to good use for PTEC plc rather than having the money tied up

[trentendboy] 07/6/2018 08:06

Yes, I sure GVC will buyout the LADS contract or let it expire.PTEC did a great job on LADS online but GVC have all the inhouse skills they need.Probably a good moveJust a pity they failed to buy Plus500 when they had the chance

[nod] 07/6/2018 02:03

Trent, it looks a good time for PTEC to sell its GVC shares. It's possible that GVC will have headaches with its now significant brick and mortar chain. PTEC earns revenue from the LAD contract until it expires or GVC buys out the contract so it can integrate LAD Corals more quickly.PTEC may decide to sell its PLUS holdings too, while markets are high.

[nod] 06/6/2018 20:05

Broker Forecast - Numis issues a broker note on Playtech Ltd6 June 2018 | 10:20amStockMarketWire.com - Numis today reaffirms its buy investment rating on Playtech Ltd [LON:PTEC] and raised its price target to 1125p (from 1040p).Story provided by StockMarketWire.comBroker Forecasts data provided by www.sharesmagazine.co.ukhttp://www.stockmarketwire.com/article/6000019/Broker-Forecast-Numis-issues-a-broker-note-on-Playtech-Ltd.html

[trentendboy] 06/6/2018 18:14

LADs news very interesting.Not surprised and will bring in a lot of cash.Special dividend.Massive profit on shares

[oohrogerpalmer] 06/6/2018 17:43

Toggle,
Don't hold your breathe waiting.
Last time I got a non £ divi payment it took Barclays 8 weeks to convert it.
I put a complaint in & got £100 compo which more than paid for the slight price difference when it was reinvested.

[bor491] 06/6/2018 09:00

when is the next trading update announcement?

[argylerich] 06/6/2018 08:35

Divi received Monday,I'm with IG and they seem quite prompt. Only downside, no DRIP facility yet, it's on their 'priority list' which means 2025 :-s

[togglebrush] 06/6/2018 08:00

Have you received your dividend YET ???
'
Barclays have yet to pay mine … I have had this problem with Smart Investor before
'
Dividend timetable:
Payment date: Friday 1 June 201

[nod] 05/6/2018 20:14

Yes, Playtech's performance has been very disappointing. It doesn't help investor sentiment when the board's focus was on giving execs bonuses massively out of synch with its revenue performance, share price and shareholder rewards. All eyes are on the USA these days and PTEC has nothing to offer there.

[shaker44] 05/6/2018 19:56

I believe there is value here but I am already overweight and mr market just seems to have fallen out of love with ptec.
cant convince myself to add more without some upward momentum

[nod] 05/6/2018 19:19

Playtech is now owner of 79.6% of Snaitech.I suppose that means we are running the business from today.

[longwell] 31/5/2018 07:51

once the company becomes loved by the market 10.00 will be a memory, one for the future though so sitting back and focusing elsewhere until after xmas. have large holding here but no return yet so looking for any minnows left who will be swallowed up.

[nod] 30/5/2018 22:09

We will be able to form our own trading bloc - the divorcees.

[trentendboy] 30/5/2018 21:23

That is true but they do like a gamble :-)

In hindsight impressively bad timing buying Snaitech but strategicially very important and things are moving so quickly in this sector they needed to bulk up

[nod] 30/5/2018 21:05

We appear to be buying into Italy at the least stable time.If they leave the euro we might be holding a lot of Lira assets.

[trentendboy] 30/5/2018 07:46

PTEC lagging a little at the moment.Yield is attractive at these prices.Hmmmm. Very tempting as investment for divi and capital gainsOnline gaming is not going away