Playtech Share Discussion Threads

[f15jcm] 09/5/2019 09:21

Article in Guardian. British Medical Journal have published a paper on gambling addiction calling for extra taxes.

[trentendboy] 09/5/2019 09:04

Sector being hammered today for some reason

[f15jcm] 09/5/2019 08:44

Must be an institution selling down. Stock was at an all time low going into the last update and we got a decent update and a big rally. Don't let fear get the better of you!

[bulltradept] 09/5/2019 08:35

You short then Hat, I take it?

[bookbroker] 09/5/2019 08:27

This company’s whole business is designing gaming software, so it’s likely to take the largest hit, as for the rest of the sector, the UK for one is done!

[hatfullofsky] 09/5/2019 08:25

Sustained falls here, in to the update. Not good

[rbonnier] 07/5/2019 17:36

RBonnier is here now and I am shorting all Gambling Stocks until everyones lost their shirts !
Nothing is going to survive this Apocolypse of the Zombies 😨
This will be maddog by the end of the week L😭L !

[maddog68] 07/5/2019 16:17

Cat your just a pathetic troll

[catswhiskas] 07/5/2019 16:11

Going back to 360p all Gambling Shares are Doomed .Surprised folk didnt cotton on earlier the FOBT Disaster has been known for over a year now.

[maddog68] 07/5/2019 11:53

Ffs i bought some at 419 ,what the is causing this big drop ???

[f15jcm] 07/5/2019 11:25

If you get the candlestick chart up you'll notice it's just dropped out of a trading channel. Scoured Google and I can't see any bad news, so I think the drop is purely down to technical reasons.

This stock looks materially undervalued to me. I've added.

[hatfullofsky] 07/5/2019 11:00

Not looking good - AGM statement soon, bad news leaking ?

[lucicavi] 02/5/2019 08:28

ptec going into us now too
could be mega

[trentendboy] 01/5/2019 13:15

Slow and steady progress - still way to low imo given how PTEC have developed and grown

[nod] 01/5/2019 11:09

Yes, not an insignificant purchase by Anna Massion. USD56,366.39

[sum493] 29/4/2019 22:26

Anna, a director bought some shares
hxxps://www.linkedin.com/in/anna-massion-a5b64a3/

She seems to have become a director of Playtech in April?

mention here
hxxps://sbcnews.co.uk/europe/2019/04/02/us-thinking-playtech-appoints-massion-krumins-as-corporate-advisers/

[johnrxx99] 26/4/2019 05:47

Looks like a large JPM purchase has gone through

[nod] 06/4/2019 05:02

Playtech bows to activist investors by beefing up board

Playtech, the gambling software company founded by Israeli billionaire Teddy Sagi, has bowed to shareholder pressure to beef up its board.

US activist SpringOwl Asset Management and London hedge fund manager Crispin Odey were among leading shareholders to welcome Playtech’s decision to appoint two investment bankers as directors.

Investors had previously called on Playtech to improve its "reputation, governance and stock price".

Led by Jason Ader, SpringOwl is famed in the gambling industry for applying pressure to Ladbrokes Coral owner GVC in its successful takeover of Bwin. Last year it quietly built in stake in Playtech worth more than $100m.

Gambling specialist Anna Massion and John Krumins,...

[trentendboy] 03/4/2019 11:24

Agreed - they have an activist investor and they have lost there way a little. Italian buy was a great move but took up a lot of resources (and Italian politics screwed them a little). FOBT also a UK killer as fewer machines needed in theory - BUT perhaps more if they become arcades (not such a good move imo)

[nod] 02/4/2019 07:51

That's a big explanation around the appointment of two non-exec board members. PTEC is clearly under pressure from institutional shareholders. Good to see one is in the USA?

[johnrxx99] 27/3/2019 07:47

If everyone knows they are buying, why don't the MM's walk it up and then short?