Quixant Share Discussion Threads

[fillipe] 20/9/2021 08:44

Interims this coming Wed 22nd.

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[techair] 18/9/2021 16:43

https://www.casino.org/news/plainridge-park-casino-seeks-table-games-additional-slot-machines/

[1pencil] 14/9/2021 19:57

Little bit of cheer from ZYT today although nothing too specific.

Plenty of stock (relative to free float) continues to change hands.


free stock charts from uk.advfn.com

[1pencil] 11/9/2021 17:27

Shares Magazine article from 2017 in relation to IGT

"Those numbers are impressive enough but, arguably, the most positive news is the company’s increasing project work with the world’s five tier 1 gaming machine manufacturers (IGT, Aristocrat, Novomatic, Scientific Games and Gauselman). This is a fantastic way to gain their trust and demonstrate the quality of Quixant’s products in real world situations."

[1pencil] 11/9/2021 17:05

International Game Technology PLC (NYSE:IGT) not quite at five years high but not far off either.

Recent commentary and analyst coverage is encouraging which appears to be across the board.

Quixant (which has 10% of the global market) should benefit also, interestingly none of these companies refer to supplier issues due to chip shortages, or at least nothing obvious in press coverage.

I have highlighted a passage below from the article which may also be of interest to (Quixant) investors.
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"The maker of the popular Wheel of Fortune slot machine said revenue for the June quarter surged 74 percent to $1 billion, as earnings before interest, taxes, depreciation and amortization (EBITDA) soared 170 percent to a record $442 million.

Supplier stocks are among this year’s best-performing gaming stocks, and are broadly topping land-based casino operators. As such, some analysts expected IGT would beat second-quarter estimates."


"Reasons to Like IGT Stock

The UK-based gaming technology company provides back-end services and solutions for lotteries and sportsbooks around the world, and also manufacturers slot machines.

The company is also actively working to reduce its debt burden and bolster cash flow, efforts that could be enhanced by the streamlining of its iGaming and sports betting businesses. Additionally, forming a dedicated outfit for those units could be well-timed, because the move is occurring at a moment of exponential growth in those industries.

Some analysts estimate the iGaming industry ascending to $23 billion in 2030, 70 percent of which will be derived from slots. That could be a boon for IGT and rival Scientific Games because as the research firm notes, those companies each control about 20 percent of the online slots market.

The consensus price target on IGT stock is $29.31, or more than 33 percent above where the shares reside at this writing."

Full article:

[techair] 09/9/2021 13:17

Is this Jupiter dumping, made it onto a rather unfortunate list?

[1pencil] 01/9/2021 09:21

Eye watering numbers for these Casino operators, this is a start-up too only opening on 24th June.

This is on top of the other Casinos topping revues posted above.
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Resorts World Las Vegas Generates $650K in Daily EBITDA During First Week

Posted on: August 30, 2021, 07:52h. Last updated on: August 30, 2021, 11:39h.

Resorts World Las Vegas notched $650,000 in daily earnings before interest, taxes, depreciation and amortization (EBITDA) during its first week in business, according to operator Genting Berhad.

The Malaysian industrial conglomerate highlighted the results for its first Sin City venue in its recent second-quarter earnings report. The $4.3 billion Resorts World Las Vegas, which is the Strip’s most expensive integrated resort in terms of construction costs, opened on June 24.

[1pencil] 29/8/2021 14:49

Another gaming stock, Konami Holdings listed on the Tokyo exchange (Symbol TYO: 9766) trading at close to 5 years highs.



Link to chart a bit too long to post.

[1pencil] 27/8/2021 12:54

That's both Nevada and Pennsylvania (see post 29), 1st and 2nd largest in US casino industry. One would hope they are investing in new hardware after such a long break, attracting customers back.

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Nevada Casinos Set New Monthly Gaming Revenue Record, July Win Totals $1.36B

Posted on: August 26, 2021, 11:24h. Last updated on: August 26, 2021, 01:00h.

Nevada casinos have set a new bar when it comes to gross gaming revenue (GGR). Nevada’s 312 licensed gaming facilities combined to win $1.36 billion off of players in July.

[1pencil] 26/8/2021 13:21

The general trend if a little staggered seems positive globally.

Macau Casino Stocks Rally as Some Travel Restrictions Ease

Posted on: August 24, 2021, 10:57h. Last updated on: August 24, 2021, 03:13h.


Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the Macau operators seeing previously moribund shares surge Tuesday. That’s after the special administrative region (SAR) said some travel controls prompted by a recent outbreak of the coronavirus on mainland China will ease.

[techair] 22/8/2021 20:39

Everi Holdings Inc. (EVRI) trading at near 5 year high HTTPS://finance.yahoo.com/quote/EVRI/

[1pencil] 22/8/2021 19:03

Courtesy of bones on ZYT thread.


No worries, Pug, needs a small update with recent Jupiter TR1
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Taking this on a bit, one of Quixant’s bigger customers is Everi of the US. In their recent quarterly release, this was stated:

” Randy Taylor, Everi's Chief Operating Officer, said, "Our record quarterly revenue was up 33% over the pre-COVID 2019 second quarter, primarily driven by the strength in our recurring revenue operations in both our Games and FinTech segments. Our Games segment momentum reflects the continued growth in our installed base of gaming operations units, particularly increased placements of our higher-earning premium units that drove the increase in daily win per unit. In addition, slot machine sales increased by 49% sequentially from the 2021 first quarter, reflecting what we believe is another quarter of higher ship share of replacement units. Second quarter unit sales also benefited from a larger share of shipments to new casino openings and expansions than we have historically achieved together with a greater number of new casino openings and expansions than typically experienced in a quarter.”

Everi is a big company. I would say there is a good read across there to support how expenditures on new casino products with touch screens have recovered in a V shape from the pandemic lows given that Everi chose to use the pre-pandemic 2019 numbers as a comparator. They were 33% and more above those numbers.

Zytronic were clear in their last statement how pleased they have been with the contribution of “gaming and financial” to the recovery of the order book.

[pugugly] 22/8/2021 17:19

1pencil - thanks for data in thread - personal markker at 174/180 buys at 178 on 20/8. Sells at 175.1 Volune all to the buyside.

[big7ime] 22/8/2021 09:30

Yes the gambling industry is certainly booming again, thats very good for QXT

[1pencil] 21/8/2021 13:51

Pennsylvania Casinos Again Set Monthly Gaming Revenue Record

August 18, 2021, 02:57h. Last updated on: August 18, 2021

Don’t try telling Pennsylvania casinos that there remains an ongoing global pandemic. Business is better than ever.

Pennsylvania’s gaming industry is today the second-largest in the nation, behind only Nevada. Pennsylvania had 13 commercial land-based casinos operational in July, plus iGaming, retail and mobile sports betting, daily fantasy sports, and video gaming terminals (VGTs) at truck stops.

In May, the state reported record gross gaming revenue (GGR) of $413.18 million. The record didn’t stand long, as today a new monthly high has been announced.

The Pennsylvania Gaming Control Board (PGCB) says GGR from all verticals totaled $423.65 million in July. It’s the richest monthly haul in state history. The first legal casino bet was wagered in the commonwealth in November of 2006.

[big7ime] 19/8/2021 14:39

What do they say Dbnout? Although the heading says it all:
Why 50% share price upside could be on the cards at Quixant

[1pencil] 19/8/2021 14:34

At a guess it's Jupiter Fund Management PLC, that was the last TR1 holdings on 4th August.

Prior to this we have had several high volume (for Quixant) days, 1% is only 660k of shares or thereabouts - hopefully cleared soon.

[big7ime] 19/8/2021 14:25

Odd that the mms haven’t upped the price. Can’t see anyone selling now.

[fillipe] 19/8/2021 14:19

Thanks, Db.

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[dbnout76] 19/8/2021 09:54

Article in share magazine

[fillipe] 19/8/2021 08:00

30 trades gone through so far today ... many times more than is the norm for QXT.
Must be something stirring up considerable interest in Quixant plc.

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[1pencil] 18/8/2021 11:41

Gaming industry showing further signs of recovery across the pond.

Casino.org not a bad site for daily gaming news.
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$600M Oklahoma Tribal Casino Expansion Targets Texas Gamblers

Posted on: August 18, 2021, 01:10h. Last updated on: August 18, 2021, 01:10h.


Oklahoma’s Choctaw Casino & Resort opened its $600M hotel and gaming floor addition earlier this month. It is seen as an added way to draw players from nearby North Texas.



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Massachusetts Casinos Set Monthly Revenue Record, July Win Totals $96M

Posted on: August 17, 2021, 09:11h. Last updated on: August 17, 2021, 01:18h.


Massachusetts casinos won more money from gamblers in July 2021 than ever before in a single month. Gross gaming revenue (GGR) at Encore Boston Harbor, MGM Springfield, and the slots-only Plainridge Park totaled $95.7 million.

[fillipe] 18/8/2021 08:24

techair ... Thank you, and for the mention of the higher figure.

I see the steady rise in the share price trades is continuing nicely, with 178p being paid.

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