Playtech Share Discussion Threads

[nod] 12/11/2018 07:49

Yes, that is a welcome Update. Asia revenues stabilised around EUR150 million p.a.Other businesses have good forward momentum. However, in these markets the bears may paint negative view of the same update.

[trentendboy] 12/11/2018 07:09

Good to see Asia has stabilized and growth elsewhereStabilising not as good as reclaiming lost ground but that may be next

[jurgenklopp] 09/11/2018 10:06

from the Committee Change RNS of 25 October:

"Ahead of the Company's Investor & Analyst Day in Milan on 14 November 2018 Playtech expects to make a brief trading statement on Monday 12 November 2018."

[nod] 09/11/2018 07:55

Have £2,000 to invest? I’d take a look at this 7% yielding FTSE 250 bargain for your ISA
Rupert Hargreaves | Wednesday, 7th November, 2018

Today I am assessing the dividend potential of one of the highest-yielding stocks in the FTSE 250: Playtech (LSE: PTEC).

Fat profit margins
Playtech is an interesting enterprise. The company supplies technology for the gambling industry, which as it turns out, is a very lucrative business.

Over the past five years, it has reported an average operating profit margin of 43% and return on capital employed — a measure of profit for every £1 invested in the business — of approximately 15%, nearly three times higher than the current market average. And because the development of software does not generally require a large amount of capital spending, its fat profit margins give it plenty of cash to return to investors.

According to my calculations, over the past five years, the company has distributed £666m to investors via dividends, approximately 44% of its current market capitalisation.

Dividend champion
read more ....

[nod] 09/11/2018 07:50

2 November

Stanleybet has significantly expanded its online casino offering in the regulated Italian market through a partnership with London-listed supplier Playtech.

The agreement sees Playtech deploy its portfolio of slots, table games and live dealer casino games on Stanleybet.it, with the operator also set to join Playtech’s iPoker network at a later date.

“We always aim to offer our customers the best on the market and Playtech is one of the best in the sector, which is why we must have their products in a portfolio as important as that of Stanleybet,” said Stanleybet Online director Gianluca Porzio.

“We opted for the complete offer: slots, jackpot games, online table games and immersive live casino games are now available at Stanleybet.it, with online poker to come very soon.”

Porzio added that the inclusion of Stanleybet on Playtech’s powerful iPoker network will deliver benefits for both companies and Stanleybet’s Italian players.

“Playtech is the industry standard for quality and leadership in the Italian market, and we already have a large local market for our leading online slots,” said Shimon Akad, chief operating officer at Playtech.

[trentendboy] 06/11/2018 23:33

Interesting - they offloading. Overhang cleared I wonder

[nod] 06/11/2018 22:47

JPMorgan now hold over 7% - they were not on the register a month ago.Boussard & Gavaudan have gone from 9% to below 5% - they bought Teddy Sagi's shares if my memory serves me.

[sum493] 06/11/2018 21:44

Global Market for Online Gambling to be Worth USD 73.45 billion by 2024

hxxps://gaming-awards.com/NEWS/global-market-for-online-gambling-to-be-worth-usd-73-45-billion-by-2024/

[trentendboy] 05/11/2018 15:36

Big fall but unclear why....

[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.