Playtech Share Discussion Threads

[tsmith2] 26/9/2018 11:00

Don't like chart..

[hatfullofsky] 20/9/2018 08:24

Long Spread opened @ 489

[chucko1] 19/9/2018 21:47

First time I have owned PTEC cum-div. Is there withholding on this one, like PLUS?

[hatfullofsky] 19/9/2018 21:13

Ex divi tomorrow, should present another buying opportunity.

[nod] 16/9/2018 00:21

From the Results:"Following headwinds in Asia and a full year contribution from the landmark Snaitech acquisition, regulated revenue at current run rate is expected to be c. 80% in 2018. This progress is marked against the disappointing market conditions in Asia. However, it should be noted the headwinds in the Asian market are not reflective of the core strength of the Playtech model as the regulated segment continues to report organic growth and encouraging momentum. Looking to the future, the delivery of the Snaitech acquisition in the period has not only delivered geographical diversification of the Group's revenue profile but more importantly delivered a cornerstone presence in the largest, and one of the fasted growing gambling markets in Europe.".

[nod] 16/9/2018 00:19

The PTEC fall is primarily on the decline in revenue from unregulated markets, notably China Malaysia. For many years it's been said that the unregulated revenues and profits were not reflected in the share price (market value) because of the high risk. So, during these years we benefit from a high dividend income. It seems perverse now that this Asian downturn is having such an impact on the share price when it was always valued at near zero. PTEC said in its recent results that in 2018 around 80% of its revenues will be from regulated markets. This % will rise further in 2019 when a full year with Snaitech kicks in. IMHO the market will value PTEC more fairly once we see this reflected in the numbers.

[nod] 11/9/2018 07:36

Jason Ader: Playtech board needs an overhaul

Hedge fund investor tells EGR he wants a more independent board with fewer links to founder Teddy Sagi

Playtech needs a “board refresh”, according to activist investor Jason Ader, whose SpringOwl hedge fund has built a $100m position in the company in recent months. Speaking exclusively to EGR, Ader identified corporate governance as one of the main reasons the London-listed provider’s stock was underperforming its peer group. “I think the board needs to…

[tsmith2] 07/9/2018 09:56

Capitulate around 4.3?

[tsmith2] 07/9/2018 09:29

Pls like going down again

[shaker44] 07/9/2018 08:22

already too big in plus for me to buy more but I would if I could. we will see..

[bor491] 07/9/2018 08:13

I disagree but what what makes a market opinion :) go on go buy plus500 now its down 4%. In due course you might get a nasty awakening.

[shaker44] 07/9/2018 08:05

I think they jumped the gun. Plus will go higher when it is in ftse 250 on 24/9 in my view. and they sold on top of founders of plus unloading 145m pounds which pushed the price down of course.
looks like poor timing to me.

[bor491] 07/9/2018 07:41

playtech just sold its stake in plus500 - i think that's positive - cashing in £176 million + $16 million dividend when plus500 is trading at chunky levels.

[nod] 07/9/2018 07:10

LeapRate comments

What makes the investment somewhat more interesting to those in the FX world is that Odey has been a long term investor in Plus500 Ltd (LON:PLUS), which is a rival to Playtech’s Markets.com retail FX brand. Odey remains today Plus500’s largest outside shareholder, with a greater-than-10% stake in Plus500 worth about £185 million.

Also, Playtech had attempted to acquire Plus500 in late 2015 for £4 per share, in a move that was opposed at the time by Odey. That transaction was eventually turned down by UK regulators, and Odey went on to increase its stake in Plus500 which paid off handsomely, especially over the past year, with Plus500 shares trading at nearly quadruple that £4 figure as the company went on to report record results.

[elsa7878] 06/9/2018 16:07

Thanks Lib - nice site.

[libertine] 06/9/2018 15:59

hxxps://uk.webfg.com/equity/Playtech

[elsa7878] 06/9/2018 14:50

Thanks. I actually meant profit figures and EPS if you have them.

[hatfullofsky] 06/9/2018 14:41

11/07 CS 550 from 980
10/07 BARC 575 from 806
09/07 DB 940 from 1300 BUY
06/07 Berenberg 600 from 950

[hatfullofsky] 06/9/2018 14:37

04/07 Whitman Howard - Playtech | PTEC | 487 -16.0 (-3.3%) | Mkt Cap: 1,544m | Rating: Buy | Target Price: 831.00

[elsa7878] 06/9/2018 09:24

Has anyone got updated broker forecasts for the next year or 2. Thank you.

[tsmith2] 06/9/2018 09:01

490 support, if that goes another leg down

[nod] 06/9/2018 00:47

Odey has been something of a nemesis for PTEC in recent years. Odey opposed our takeover of Plus and then steered Ladbroke into the hands of GVC. Odey also fit the description of the hedge fund that short sold a few days ahead of the China news and our most recent price crash. Are Odey a white knight or do they have other plans?