Playtech Share Discussion Threads

[trentendboy] 13/6/2020 13:11

A market cap of a billion is not small cap that is for sure.Relative to the large US casino brands it is small but in the gaming sector more broadly it is lager Look at William Hills or 888 for example

[john09] 13/6/2020 10:09

It’s not a big cap...

If this IPO’d in the US it would be a very small company in comparison. Can’t see that happening given its global reach / global revenue and its only just tip-toeing into New Jersey but more US will come in short order.

[trentendboy] 13/6/2020 09:48

This is a rare big cap company that could double from here very quicklyTaking an aggressive position - johns points are good ones

[john09] 13/6/2020 09:42

Snippet given these elements are available in the public domain

Playtech’s EBITDA was Eu 140m in the FOUR month period, significantly exceeding Bank of America’s forecasts for Eu 103m for the first SIX months.

Cash in hand is Eu600m while two directors have just bought a heap of shares.

[john09] 13/6/2020 09:38

Expecting a good Monday

[john09] 13/6/2020 08:31

A nice write up in Momentum Investor

[nod] 12/6/2020 14:28

I assume PTEC charges fees for all trades - like a broker does.
In volatile markets traders are much more active.
Even when you buy and sell at around the same price, the broker takes a transaction fee.

TEB knows a lot more about trading than i do.

Also, related to market volatility and Playtech

[trentendboy] 12/6/2020 13:38

Lots of punters lose money on spreadbetFor example, I lost a lot on the initial covid crash betting on a recovery in stocks that never happenedWhere shares move up and down rapidly the spreadbetters make a lot of money on the spreadsAll about volumeSpeaking of which, will be going long some US gamers today but risky if Dow falls again

[ali47fish] 12/6/2020 13:34

Nod why/how does it increase revenue and profits from TradeTech?

[hatfullofsky] 12/6/2020 13:05

Italian Sports opening up too, ducks are lining up

[nod] 12/6/2020 10:19

This market volatility is excellent news for PTEC.It doesn't affect the gaming business while vastly increasing revenue and profits from TradeTech.Long may it continue :)

[john09] 12/6/2020 09:55

Markets looking forward

[trentendboy] 11/6/2020 13:48

Lunch meant I missed 294 - got to really watch this market

[dodge meister] 11/6/2020 12:57

Italian betting shops are open...markets are voliatile...sport events are starting.
..all good for PTEC

[john09] 11/6/2020 11:46

Guys this dip is nothing to do with PTEC its every single stock the last 3 days. Relax

[trentendboy] 11/6/2020 10:07

Margins have been tightening due to competitionAlso margins lower in white markets compared to grey and the former is an increasing share This is good in some respects but not for the bottom line short termProfits is all about Asia - slowed decline but can it be reversed? Not easy Finger on the trigger

[kickingking] 11/6/2020 09:53

We might retest 250p again. I will do a top up there. One thing about playtech, it does sign up loads of contracts. They never tell us what these contracts are worth. Profits should be higher year after year but it doesn't seem to happen. I still think they should spin out tradetech as a separate listed company and give us shares in that. We will definitely be valued more as two companies. GLH

[john09] 11/6/2020 09:24

Your webis didnt work out this week i see

[trentendboy] 11/6/2020 09:23

Looking for the turn to buy moreUS sold off last night - got to see how that plays outFinger hovering

[hatfullofsky] 11/6/2020 08:29

Wonder if the investing world is waking up to the fact COVID-19 is not over. US reported significant increases

[john09] 11/6/2020 08:22

Same. I have a watchlist of 40 stocks. Only 1 is blue lol

[hatfullofsky] 11/6/2020 08:14

Certainly in my portfolio

[john09] 11/6/2020 08:10

Fair bit of markets selling off