Playtech Share Discussion Threads

[nod] 31/5/2020 10:45

Yogonet has some well-written articles on the investigation.https://www.yogonet.com/international/noticias/2020/05/29/53407-uk-playtech-to-pay-35-million-after-systemic-failures-in-player-protectionhttps://www.yogonet.com/international/noticias/2020/05/27/53370-online-firm-closes-after-uk-gaming-commission-finds-systemic-failures-in-player-protection

[nod] 31/5/2020 10:32

Plenty of bad press this week following the investigation into the events prior to the death of a 25 year old customer.The Daily Mail attacks Mor Weizer's opulent lifestyle.

[trentendboy] 30/5/2020 15:36

Having said that, £4.50 seems fair value given recent events.

The market is waking up, albeit slowly, to how much this company is undervalued.

I will keep adding shares at least up until the £3 mark

[trentendboy] 30/5/2020 15:35

Yep - GAN is eating its US lunch. It should buy them out quick - they cannot still be seen being blackballed by regulators over there. They paid their dues and got rid of the large, unwanted shareholders.

[nod] 30/5/2020 15:26

Not being in the USA is going to hold PTEC back for some time. Until news.
It eliminates the US and overseas speculators focused on US markets and its suppliers.

[nod] 30/5/2020 15:13

Sports are getting started. Rugby League matches underway down-under. Soccer next week. Some football leagues in Europe and Asia are underway with dolls as supporters. They all count.
Most sports around the world are getting ready. Fingers crossed there will not be another wave of Covid19 due to relaxing too early. That will be crushing for confidence.

[trentendboy] 28/5/2020 22:50

The sector is on fire - ptec could be taken out at this rateSeen the draft kings sp?Some insane valuations and ptec far too cheap

[kickingking] 28/5/2020 12:00

Playtech should not be paying. It should come out of directors pockets with all there bonuses and free shares. They make the decision. It always the small PI who always get punished by their bad decisions.

[trentendboy] 28/5/2020 11:46

Playtech has said that it will donate £3.5m to charities combating gambling related harm following Wednesday’s statement by the UK Gambling Commission (UKGC) regarding social responsibility failures at a former Playtech subsidiary

[trentendboy] 26/5/2020 14:35

Might be quicker to £3.50 than you can imagineEverything lining up

[carer] 26/5/2020 09:43

It is going to take some time to get back to £8 level. Now the new strategy seems to be working even at time of crisis. This will get some attention as profit is gaining and hopefully the dividend will be back soon, then the share will be shooting up.

[trentendboy] 26/5/2020 08:28

Good start to the day

[trentendboy] 26/5/2020 07:33

Should be higher - cost of customer acquisition lowThen all about their retention skills

[nod] 25/5/2020 23:49

New Zealand just announced a boom in online gambling. I would imagine this will be the case in most countries. To offset this is a fall in sports betting and to offset that is a significant rise in stock market betting.In the longer term, sports betting will return. The question is, will online gambling continue to be strong. I believe it will be higher than pre-Covid levels.

[trentendboy] 22/5/2020 14:09

Good performance continues

[trentendboy] 21/5/2020 13:04

Re rating really kicking in now£3 much closer than you think Trading update very strong when you dig into it

[trentendboy] 20/5/2020 11:35

It is a game changer really - hence bit share price rise.

Not long ago PTEC was at £9 so a long way to go to get back to pre-crisis and in theory in a stronger position now.

Fall made no sense. The signing of the Tier 1's and Asia market share issue is really pretty important moving forward.

Can see £3 pretty quickly here.

[nod] 20/5/2020 11:28

"Overall, Playtech had an extremely strong Q1 2020 with Adjusted EBITDA of EUR117 million. This was in large part driven by the exceptional performance of TradeTech which, as stated on 19 March 2020, benefitted significantly from increased market volatility and trading volumes. In addition, the Group benefitted in January and February from a very strong performance from Snaitech and favourable sporting results."

[trentendboy] 20/5/2020 09:10

It is worth noting that this statement says they are pretty much on course for results similar to those predicted pre crisis

Yet share price still 50% down

Plus they have gained market share.

I can see the gap closing

[trentendboy] 20/5/2020 08:50

Very strong trading updateLive casino Asian contract sounds goodItaly doing well and the Three new Tier 1 customers bodes wellI poker also stronger as some migrate to PTEC maybe due to micro gaming stoppingReally should be back to £3 soon imo

[ali47fish] 20/5/2020 08:33

update much better than i expected-wher's everone

[trentendboy] 19/5/2020 08:27

Is there an RNS I cannot read? ADVFN messing up?Good start though - breakout

[nod] 19/5/2020 05:04

Playtech's Retail B2C Sport business (HPYBET) operates in Germany and Austria. Both countries have reopened and sports are getting started this week. They are also planning to open borders between themselves and include Switzerland. All three countries that are leading the way out of the pandemic.

[nod] 19/5/2020 04:54

Fingers crossed that TradeTech results will be stunning. I can foresee that stock market volatility will remain very high throughout this year.