Playtech Share Discussion Threads

[tsmith2] 22/11/2019 08:23

also. AsiaAs indicated in August, at the current run rate Asia will contribute approximately EUR115 million of revenue in 2019. On an annualised basis the current Asia revenue run rate continues to be approximately EUR100 million. Whilst the previously announced incentivisation programme is being implemented to protect our market position, the backdrop in Asia remains highly competitive.

[trentendboy] 22/11/2019 08:23

TradeTech is the problem this time - looks like they are thinking of selling it on and the social gaming division. Some simplification would not be a bad thing

[noujay] 22/11/2019 08:02

Half expecting some reference to the US today but early days

[nod] 19/11/2019 18:32

True. PTEC was an elephant two years ago and is an apple now :)

[trentendboy] 19/11/2019 16:19

If PTEC announce on US action it could jump considerably.

I think there may be a China holding or improvement also.

I would not be surprised to see quite a jump on the 22nd and taking a position ahead of it

[trentendboy] 16/11/2019 08:59

Just too cheap. Need to sort China

[hatfullofsky] 16/11/2019 01:45

You can't compare apples and elephants

[nod] 16/11/2019 01:17

Playtech is valued at around 1.3 billion now, much less than half its value two years ago.Compare that to Warhammer the model, paint and toy maker Games Workshop GAW which is now valued at 1.8 billion.

[trentendboy] 15/11/2019 22:08

I agree - certainly very undervaluedLBO would be a disgrace thoughThey would get it on the cheapGrrr

[hatfullofsky] 15/11/2019 18:53

Well I'm glad Brad is seeing what I'm seeing shame the market isn't.

Frustrating

[libertine] 15/11/2019 17:20

Jason Ader: Playtech is ideal candidate for private takeover

Brad Allen 15 November 2019

Activist investor, who owns approximately 5% of Playtech, described the firm as the most undervalued gaming company in the world

Playtech would be the ideal candidate for a leveraged buyout (LBO), according to hedge fund activist and Playtech shareholder Jason Ader. LBOs are often used to take public companies private, with the company’s own assets used as collateral for the loans to acquire the company. Speaking at the Sohn Investment Conference in London yesterday

[nod] 14/11/2019 09:47

PER of 5.73
suggests market expects more bad news

[trentendboy] 13/11/2019 18:01

Just too slow given their expertise, contacts, vertical integration and global footprint.

Just feels too low at the moment. Even £5 seems low

[hatfullofsky] 12/11/2019 21:33

Update this week ? Possibly tomorrow

Nice rise at the end today, news leaking

[trentendboy] 10/11/2019 12:20

Lol - good point but also good timing

[chucko1] 09/11/2019 11:23

TrentEndBoy, keep up!

[nod] 09/11/2019 07:37

PTEC sold its 10% holding in PLUS at 1550p in September 2018.That was very good timing.

[trentendboy] 08/11/2019 19:42

Hmm, something hit. PLUS ten percent owned by PTEC of course

[libertine] 08/11/2019 19:02

Elevation Live Casino Studio launched by Playtech and GVC

hxxps://casinogazette.com/igaming-news/gvc-launch-new-live-studio-with-playtech/

Can Playtech catch up in an already formed US market?

hxxps://egr.global/northamerica/insight/playtechs-new-us-chief-on-playing-catch-up-in-the-nascent-market/

[hatfullofsky] 08/11/2019 17:31

WTF was today about ? This and PLUS

[trentendboy] 07/11/2019 14:24

Picking up as I suspected10 points up If they start throwing out US news it could rise quicklyDucks all lined up imo

[trentendboy] 05/11/2019 16:16

Could resist no longer - gone long PTEC SB.

Got a core holding. Opening up US market office and their tech skills means that I am sure they will catch up fast and the Eastern market stuff has stabilised (and might even improve)

Other stocks have recovered well