Playtech Share Discussion Threads

[onjohn] 28/4/2020 14:44

heading to 330p next rung

[trentendboy] 28/4/2020 10:53

Now the CEO thing is sorted PTEC should get back out there and sort some corporate action to sort the US out.

At least it is sinking in that online casino is flying - and who provides and games and backoffice to so many online casinos...

Mystifying why it is so low - I understand the China problems but that was in the price at high £3s

[coscos] 28/4/2020 09:25

https://www.igamingbusiness.com/playson-secures-global-partnership-playtech

[trentendboy] 17/4/2020 22:34

Good five percent day - been held back too longResults of flutter and others are showing the strength of the sector as people turn to online casino games

[trentendboy] 17/4/2020 10:53

Large recoveries at GVC and others.

I think people are really missing the massive increase in demand for online games and live Casino at the moment - all of which is PTECs area of expertise.

Hard to see this not getting back to £3 fairly soon

Very strange that it is being held back

[trentendboy] 14/4/2020 14:49

Looks like a pause for breath after last weeks large gainsAll online casinos doing great business so expect sports problems to be mitigated Trading statement will make for interesting reading

[trentendboy] 09/4/2020 19:56

Interesting Good to see director buys Bodes wellThese guys know it is too cheap

[ali47fish] 09/4/2020 17:00

Playtech plc has been notified of the following dealing in its ordinary shares by a PDMR of the Company as follows:

Ron Hoffman, CEO TradeTech Group, purchased 27,000 ordinary shares in the Company ("Shares") at a price of £1.80784 per share on 8 April 2020.

[trentendboy] 09/4/2020 14:03

Strange up and down moves intra-day.

Something is cooking

[trentendboy] 08/4/2020 18:25

Big day - this can easily get back to three quid without any problem on basic numbers

[trentendboy] 07/4/2020 09:48

Yes, an Italian sports opening would be very helpful

[kickingking] 07/4/2020 09:44

Another reason for today's rise could be that Cv seems to have peaked in Italy and hopefully pretty soon they will allow bookies to reopen. Lower division football will follow. I guess next update won't be as bad markets are predicting expecially with tradetech doing well.

[trentendboy] 07/4/2020 09:22

Fall yesterday was always out of kilterGamers going up fast as they fell so fastPeople not understanding the industry and the role of online

[trentendboy] 06/4/2020 14:14

Important to read the GVC updateGrowth opportunities significant PTEC need to clarify there US position

[trentendboy] 06/4/2020 14:13

Recovering now - expect this to be blue by the end of the day Strange drop today - algo trades I expectReally read the day wrong

[trentendboy] 06/4/2020 11:54

Seemed a strange immediate fall following good start and excellent GVC statement.With Italy having turned a corner makes the fall even strangerBroker not would explain it What do they say about China? A lot of this should already be in the price and no reason mitigation actions over China are not working.Hmmm - looks very over done fall.Anyone got a link to the broker note?

[dodge meister] 06/4/2020 10:50

One broker statement and a 6% fall, they are still concerned about the Chinese revenue...looks like JPM has read the news about Covid-19.

[trentendboy] 31/3/2020 08:45

Pushing BACK to the two quid levelAs it shouldDemand for ptech picks and shovels should be holding up wellOverdone fall

[trentendboy] 30/3/2020 19:52

Thought so - big rebound close

[nod] 29/3/2020 21:29

As at 31 December 2019, Playtech had EUR672 million of gross cash on its balance sheet and EUR333 million when adjusted for client funds and progressive jackpots. In addition, Playtech has a further EUR250 million available under its revolving credit facility, with another EUR50 million cash expected in Q2 2020 from the previously agreed sale of surplus Snaitech land in Italy.

[farrugia] 28/3/2020 15:04

how much debt does this company carry?

[trentendboy] 24/3/2020 09:05

888 update boded wellCasino and no sports volumes upCustomer acquisition costs lower I guess

[nod] 23/3/2020 09:40

Many punters that went in the Snai shops may also have online accounts, but go into a shop for social contact. For those that didn't have an online account, they may sign up. PTEC said that TradeTech would offset some of the Snai lost business - how much remains to be seen.