Playtech Share Discussion Threads

[hatfullofsky] 04/2/2019 22:19

Nice intra day spike, let's hope it continues to recover

[hatfullofsky] 29/1/2019 08:49

Just got this through

Activist Investor Plotting Playtech Board Overhaul: Times

(Bloomberg) -- Springowl Asset Management’s Jason Ader is
plotting an overhaul of Playtech’s board,The Times reports,
without saying where it obtained the information.
* Ader has been interviewing candidates with the view of putting
them forward as candidates
* He is believed to want at least 3 existing board members
replaced, including Alan Jackson, its chairman since 2013; and
senior independent non-executive director Andrew Thomas
* Ader is thought to have run the idea by other shareholders

[elsa7878] 28/1/2019 10:20

Not keen on stockopedia. Competition eating into margins and return on capital which has been halving year on year over the last 2 years. Hence need to buy in Italy.... just before they changed the tax laws...!! Looks cheap but there is a reason.

[hatfullofsky] 28/1/2019 08:52

Not looking good, 6th day of declines and 10% down.

[nod] 26/1/2019 19:26

Yes, PTEC is very undervalued based on fundamentals. We should have more info on 21 February. A nice surprise would be welcome, for a change.

[hatfullofsky] 26/1/2019 15:11

Still significantly undervalued, so long as there are no more skeletons lurking.

WebFG

Year Revenue(€m) PBT(€m) EPS P/E PEG Growth Div Yield
2018 1,128.73 203.30 55.42p 7.1 -0.5 -15% 31.94p 7.7%
2019 1,488.63 215.50 60.63p 6.6 0.7 9% 34.51p 8.4%
2020 1,569.78 241.66 68.60p 6.0 0.5 13% 37.46p 9.1%

[nod] 26/1/2019 02:42

Manics, I suspect Sagi knew a couple of years ago that leaner times were ahead. He still does very well as we pay his companies for services.

[stephen1946] 25/1/2019 18:10

It has puked since loser, PENROSE, climbed aboard.

[manics] 25/1/2019 08:30

All those years we thought The Sagmeister General was holding back the SP, but all this has done is puke since he offloaded his majority.

[nod] 18/1/2019 20:01

Notice of resultsPlaytech (LSE: PTEC) will announce its results for the year ended 31 December 2018 on 21 February 2019.A presentation for analysts and investors will be held on the day, at 9.00 am in the offices of UBS, 5 Broadgate, London, EC2M 2QS.The presentation will be webcast live and on demand at the following website: https://www.investis-live.com/playtech/5c405c19cad1ac0c0068a12e/owmr

[hatfullofsky] 17/1/2019 09:04

Did anybody pick up on this nugget in the GVC update.

European Retail NGR +16% with strong growth in Italy NGR +18%

Bodes will for Snaitech

[trentendboy] 10/1/2019 08:46

The very strong recent move by SCH who do the payments for PTEC bode wellPTEC must still be a large percentage of SCH business

[mozy123] 09/1/2019 08:46

Hope so Trent - this is getting depressing

[trentendboy] 08/1/2019 10:13

Interesting recent moves

I wounder if there is some corporate action in the offing somewhere

PTEC could be a target of a US big boy now they have severed all ties with the old boss

[finkie] 07/1/2019 11:24

Also clears the decks of things that holds the price back, feels like the market is ok with this and i can see hopefully a push forward back to 500p maybe?!

[nod] 02/1/2019 10:20

Ouch!
Not heard about the Israel tax audit before.
The bad news piles up.

[hatfullofsky] 02/1/2019 08:51

From the interims : "In addition, the multi-location set up of the Group may give rise to transfer pricing risk, mitigated by the fact that the key intra-group transactions are documented and take place on an arm's length basis unless local legislation stipulates different requirements."

[hatfullofsky] 02/1/2019 07:37

Burying bad news over Christmas and New Year is terrible, how many more skeletons in the closet. I've not seen reference to this Isreali Tax audit before, was it known ?

[nod] 26/12/2018 21:08

Penrose has only been on the Board 10 minutes so can't be the one to blame for awful performance over the past 8 years.

[stephen1946] 25/12/2018 22:48

Penrose must be sacked, he is a loser and will destroy Playtech.

[nod] 25/12/2018 22:06

Merry Christmas all. It has not been a good year or two for PTEC.We are now below where we were in March 2010. That's a very poor performance over eight years compared with its peers.What's gone wrong here?The executives have become greedy in relation to performance. Based on performance they should get a low salary and no bonus.I think we are still diverting too much cash to Sagi's companies.These payments to a related party has been reported in the Annual Reports each year but from now on does not get reported. I'm not comfortable with that.

[hatfullofsky] 24/12/2018 07:49

Much is priced in so now the news is clear we will see a drop but also may see a recovery over the coming weeks. Well done for getting out

[citytrader66] 24/12/2018 07:46

major support is at 383p, below that 379p. thats only a small drop away. below that and it gets ugly. maybe a drop sub 350p today.