Playtech Share Discussion Threads

[nod] 27/10/2018 02:00

Penrose is good at executive remuneration. He worked closely with PTEC execs when Sportech shared directors and PTEC had a 10% stake, so he will want to look after them.

[dennislevine] 19/10/2018 12:38

Playtech stooped releasing formal Q1, Q3 trading updates a while back



The 2 November update last year was done as it was a profit warning rather than a scheduled Q3 trading update

[hatfullofsky] 19/10/2018 07:44

Nice find nod, lets hope for more of the same

[nod] 19/10/2018 06:33

Philippines gives Playtech an RNG online casino monopoly
BY Steven Stradbrooke ON October 16, 2018

The Philippines’ gambling regulator has announced that UK-listed technology supplier Playtech is now the monopoly provider of RNG casino games to the country’s online gambling licensees.

[nod] 19/10/2018 04:18

Last year's trading update was on 2 Nov and the 2016 TU was on 9 Nov. last year was momentous as we sat just below 1000p and were hit with the first profit warning. It has been grim since.

[noujay] 18/10/2018 09:35

Trading update fairly soon by the sounds of it. Any thoughts as to whether any corners may have been turned?

[trentendboy] 17/10/2018 08:13

Nice work NodAs a large SCH holder implications are not clearIn theory they have more freedom to be sold off now interestinglyCannot help feel SCH will be in play soonIssue is how much US business they can pick up

[nod] 16/10/2018 21:18

I saw on the Safecharge thread that Tedi Sagi acquired shares from its CEO increasing Sagi's holding in Safecharge to 68.34%Avgi, the CEO, sold his options to Sagi and currently holds 2.2% of shares but a few days later was awarded (by Sagi) new nil cost options valued at around 738,000 gbp. What has this got to do with PTEC you may ask?PTEC will no longer report on its payments or transactions with Safecharge and the other 8 Sagi-owned companies that were previously considered related party transactions. PTEC could double the 40 million in transactions previously reported and we will not know under the current regime. Page 42NOTE 28 - RELATED PARTIES AND SHAREHOLDERS Parties are considered to be related if one party has the ability to control the other party or exercise significant influence over the otherparty's making of financial or operational decisions, or if both parties are controlled by the same third party. Also, a party is considered tobe related if a member of the key management personnel has the ability to control the other party. On 27 June 2017, Brickington Trading Limited ("Brickington") decreased its holding to 6.3% (31 Decemebr 2016: 21.93%) of Playtech plcshares and the relationship agreement terminated. From this date Brickington no longer meets the definition of a related party. Mr Teddy Sagi, the ultimate beneficiary of Brickington, provides advisory services to the Group for a total annual consideration of €1. Accordingly,the following companies are not accounted as related parties from the same date [27 June 2017]: Skywind Holdings Limited ("Skywind"), SafeCharge Limited, Crossrider Technologies Ltd ("Crossrider"), Royalfield Limited, EasydockInvestments Ltd. (Easydock), Selfmade Holdings, Glispa GmbH ("Glispa"), Anise Development Limited and Anise Residential Limited(together "Anise"). The transaction amounts with the abovementioned companies reflects the period ended 27 June 2017, when they ceased to be relatedparties. The joint ventures and the structured agreements are associates of the Group by virtue of the Group's significant influence over those arrangements. The following transactions arose with related parties:A table is in the Annual Report.Over 40 million euros were reported with the above nine Sagi owned companies.Playtech no longer has to report these payments to Sagi owned companies

[rbonnier] 15/10/2018 22:50

Do we know why this keeps falling to new 3 year lows is the market expecting another profits warning ?

[nod] 15/10/2018 19:42

Another new 3-year low. JPMorgan sees value down here taking a 6.41% position.

[hatfullofsky] 15/10/2018 08:12

Another day, another fall !

[hatfullofsky] 12/10/2018 11:30

The sale of any holding prior to the start of this month looks timely.

IG / PLUS commented on the lack of volatility causing low trading, I bet (quite literally) that has all changed now !

[nod] 10/10/2018 11:18

The sale of our plus500 holding also looks to have been a timely decision.

[nod] 09/10/2018 23:06

With interest rates set to rise and bond yields rising quite sharply, it may prove to be excellent timing for PTEC's own placing at only 3.75%

"Playtech announced that it has successfully priced a significant amount of senior secured notes. In total, the gaming company has released €530 million [US$610.78 million] in notes at 3.75% and will become due in 2023."

[hatfullofsky] 08/10/2018 13:33

General market sell off

[alex1621] 05/10/2018 10:54

Has something happened in Playtech's business today to make it worth 3% less than yesterday? I'm not an insider but I'd guess not. And if Playtech were a private company the main source of valuation would be the published numbers, as no daily quote from Mr Market would be available ... share price is determined by actions human beings, influenced by sentiments, fears and optimism ... and sometimes bears little relation to underlying worth. Odey stake suggests they think it's undervalued, but that doesn't mean it couldn't get more so.So, erm ... no view on today's fall.

[hatfullofsky] 05/10/2018 08:35

Any views on this latest fall ?

[hatfullofsky] 03/10/2018 16:37

Another II buying

[nod] 03/10/2018 03:31

I don't think there is any chance of an Italy Exit from the Euro as the MP suggested. I guess it's only a matter of time before we have a replay of Greece in another Euro country. Italy's banks have been wobbling for years. The ECB is supposed to help them stabilise.

[hatfullofsky] 02/10/2018 10:26

Concerns over Italy ?

[hatfullofsky] 26/9/2018 19:39

Don't like fish ....