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SPO Sportech Plc

84.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Sportech Investors - SPO

Sportech Investors - SPO

Share Name Share Symbol Market Stock Type
Sportech Plc SPO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 84.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
84.00 84.00
more quote information »
Industry Sector
TRAVEL & LEISURE

Top Investor Posts

Top Posts
Posted at 05/9/2023 12:48 by finkie
R Griffiths omg that man has followed this company to its near demise today he will be 80% down, I don’t care if it’s his money or borrowed from investors he must be feeling like an absolute fool here.

No word ever about maybe changing the board improving communication or strategy, over the last 10 years gaming companies valuations have been to the moon and back at least twice this has just gone down and down and down. They will need money or have to be taken off the market for pennies and then they may buck up but for shareholders that is no good.
Posted at 05/2/2021 11:34 by glawsiain
Influential Twitter investor glasshalffull has bought in today. Also Aston girl is a holder.

"
I’ve taken a maiden position in #SPO
Update indicates EBITDA in line & net cash ahead at £10.2m (fc. £8.8m cash) #SPO estimate disposals will net £36.1m in FY21 H1 ... this would equate to 24p/share vs. 28p/share price. So lottery & sports betting in Connecticut are in for free👇ㇿ5; [...] "
Posted at 31/8/2018 08:55 by lammylover
Investors Chronicle rate SPO a BUY at 63p! (previous rating was Hold)
Rich
Posted at 22/8/2018 17:05 by lammylover
Its a long term hold!!

85.41% of share capital is held by Institutional Investors. Whenever you see PIs selling cheaply, these shares are quickly mopped up at the end of the day by fund managers. They know this share has value, its just a waiting game to see if A) SPO gets bought out for their licenses or B) They start making real profit in the US, with the de-restriction on gaming, this should be a no brainer. Lets see which way this plays out. I'm holding! Rich
Posted at 06/6/2018 12:18 by nod
We are at a recent 3-year high, if we add back the 29p distribution in November and ignore the confusing buy-back of around 10p in March 2017. Add just the 29p divi back and the share price is doing modestly well at around 109p old money. SPO has not yet recovered from the recent huge write-offs by the new Board to clear the decks for a sale or, if no sale, to make the books look a lot easier to perform in the future. Having taken us down to near 30p with its bombshell, private investor confidence is still severely shaken.I see the insti investors are spotting the potential before the private investors.In the USA, Sportech needs to have confidence that it can compete with the big players on service if not price. Like all smaller companies have to.All big companies were small once.
Posted at 30/5/2018 23:44 by nod
In its April Presentation, page 22, Sportech supplied a great analysis of the State by State preparedness for sports betting legislation. The seven levels range from ready to non-started (no appetite). Half of the States are in the no-activity status. I think we can rule most of those out for the next year or two and there is likely to be significant resistance in most of those.Sportech has gambling licences and horse racing betting in 37 States with the strongest being Connecticut, New Jersey and Pennsylvania. These three States are in the Imminent or Drafted status. Near the top. We know Sportech is proposed in the Connecticut draft billhttp://www.sportechplc.com/investors/results/
Posted at 13/3/2018 22:20 by nod
It seems that Sky News first reported the issue which has since been mentioned by many web sites. Possibly an issue uncovered during due diligence. As long as it's not fraud, an irregularity should not affect the sale price by much.https://www.juicebrighton.com/news/uk-business-news/pool-betting-firm-sportech-scares-the-horses-with-profit-alert/"The listed pool betting group Sportech will shock investors by unveiling a profit warning on Wednesday morning, even as it continues talks with potential buyers of the company.Sky News has learnt that Sportech, the former owner of the Football Pools business, will disclose in a stock exchange announcement that full-year earnings will be materially impacted by accounting issues uncovered by its board.The nature of the accounting issues to be highlighted by Sportech was unclear on Tuesday evening."The announcement will come six weeks before the company is due to announce preliminary results for last year.
Posted at 13/3/2018 19:36 by kooba
Tweeted by sky business reporter Mark KleinmanExclusive: London-listed pool betting group Sportech to shock investors (and prospective bidders) with profit warning tomorrow prompted by what I'm told are "accounting issues".
Posted at 06/12/2017 13:41 by noujay
That is an interesting RNS. Cayman registered hedge fund Sandgrove look to have moved onto the radar by taking their holding from c. 4.8% to 7.13%, obviously purchased from Canaccord. Their recent activity relating to Punch Taverns and Heineken suggests they are proactive investors and therefore might be involved a bid situation.Hopefully some real news shortly.
Posted at 20/10/2017 10:54 by van zandt
Hi all, we are in interesting time!

Interesting movement of shares in recent months?
CANACCORD GENUITY LIMITED and their connection to Hargreave Hale Limited who have since September increased their holding in SPO. No conflict of interest I suppose.

Source: FT
Institutional shareholders
90.38%Per cent of shares held by top holders
Holder Shares % Held
Lombard Odier Asset Management (Europe) Ltd.AS OF 07 JUN 2017 44.44m 23.94%
Harwood Capital LLPAS OF 28 JUN 2017 23.00m 12.39%
Artemis Investment Management LLPAS OF 02 MAR 2017 19.93m 10.74%
Schroder Investment Management Ltd.AS OF 02 MAR 2017 17.75m 9.56%
Henderson Global Investors Ltd.AS OF 04 SEP 2017 17.26m 9.30%
AXA Investment Managers UK Ltd.AS OF 04 SEP 2017 11.44m 6.16%
Hargreave Hale Ltd.AS OF 18 SEP 2017 10.01m 5.39%
Aviva Investors Global Services Ltd.AS OF 16 JUN 2017 9.86m 5.31%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)AS OF 04 SEP 2017 8.75m 4.72%
Norges Bank Investment ManagementAS OF 30 MAR 2017 5.32m 2.87%



Holder Shares bought Shares held
Harwood Capital LLP -- 23.00m
Artemis Investment Management LLP +6.49m / +48.24% 19.93m
Henderson Global Investors Ltd. +5.60m / +48.08% 17.26m
Legal & General Investment Management Ltd. -- 2.77m
Hargreave Hale Ltd. +2.34m / +30.45% 10.01m
Holder Shares sold Shares held
AlphaGen Capital Ltd. -39.42m / -100.00% 1.00
Lombard Odier Asset Management (Europe) Ltd. -1.82m / -3.92% 44.44m
Barclays Bank Plc (Private Banking) -861.00k / -100.00% 0.00
Norges Bank Investment Management -811.98k / -13.25% 5.32m
Schroder Investment Management Ltd. -600.00k / -3.27% 17.75m
Data from 31 Dec 2016 - 30 Sep 2017

Artemis Investment Management LLP have reduced their holding, as have Lombard Odier Asset Mgt (Eur) Ltd.
As ever regards
VZ

PS: as for eventual shire price??

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