Share Name Share Symbol Market Type Share ISIN Share Description
Sportech LSE:SPO London Ordinary Share GB00B28ZPV64 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 101.00p 100.75p 101.25p 101.00p 101.00p 101.00p 956,729.00 11:53:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 98.6 30.7 6.4 15.8 208.30

Sportech Share Discussion Threads

Showing 4451 to 4472 of 4475 messages
Chat Pages: 179  178  177  176  175  174  173  172  171  170  169  168  Older
DateSubjectAuthorDiscuss
21/4/2017
11:47
The RNS are rather confusing. SPO could have saved some money and combined them.
nod
21/4/2017
11:39
Young Richard looks to be a very good asset."Sportech is pleased to announce the appointment of Richard Cooper as Non-Executive Director, effective 24 May 2017. Richard will also be taking on the role of Chair of the Audit Committee.Richard, 56, a Chartered Accountant, has served shareholders' interests in a number of leading public companies, most recently as Group Finance Director at GVC Holdings plc, the online gaming group, where since 2008 he played a key role in driving the company's growth strategy. He has extensive international experience gained across a wide range of service industries. Previous roles include CFO of Trident Gaming PLC, Group Finance Director of Patsystems PLC, and an earlier career in moneybrokers, Tullett Prebon.Roger Withers, Chairman of Sportech PLC, said: "I am delighted to welcome Richard Cooper to Sportech. His extensive PLC and international experience will be of considerable benefit to the Group".
nod
21/4/2017
11:36
The Alliance News headline is not the same as the RNS"Sportech Appoints Non-Executive Director Richard McGuire As Chairman"
nod
21/4/2017
07:55
Thinking of getting in here. What do you folks think of the new boss?
runthejoules
06/4/2017
16:07
Nice work finkie
trentendboy
06/4/2017
15:16
Stephen i echo Nods sentiment you whinge about them but i bought 100,000 at 60p and sold at 100p average so the management are jolly nice people in my view, even if they arent there was/is money to be made so who cares.
finkie
06/4/2017
09:40
Could be end of year shuffling on some of the winners
trentendboy
06/4/2017
09:39
The sector does appear to have taken a dip this morning - I wonder if there is something kicking off somewhere
trentendboy
06/4/2017
07:32
Interesting about Lombard. So why take such a large percentage?Interesting some were not able to sell any. Odd as me would have thought small holders would benefit.Still convinced further US regulation coming and SPO well placed with brands and locations
trentendboy
06/4/2017
00:08
I have now spotted the Lombard Odier holding came from Henderson.
nod
06/4/2017
00:05
Stephen, I think holders have done very nicely with SPO since your warnings. Success with the VAT Claim; A pending claim for compound interest (a parallel case now with the Supreme Court to be heard in a few months); Sale of the Football Pools in progress.It all looks rather rosy for shareholders.
nod
01/4/2017
14:34
Kept all mine. US expansion looms
trentendboy
01/4/2017
10:46
The tender offer seems to have had little affect on the share price it's up around 4p from just before the announcement.SPO called it a return of cash to shareholders. I'm sceptical.I can't help but think they could have used the cash to invest wisely.
nod
30/3/2017
11:00
I'm steadily reading through the annual report and note the significant asset write-offs across the business. With the sale of Football Pools this is necessary as seemingly all technology investments in these businesses has been grossly over-valued on the books but not by the stock market. "The Group has recognised various non-cash impairments to assets across the business, including £42.5m in the Football Pools, £17.2m in Sportech Racing and Digital and £4.0m in Sportech Venues. "
nod
30/3/2017
10:14
Trevor Hemming sold over 4.5 million shares to take his holding below 15%. I think that's another 13% of his holding sold. He has been slowly reducing. He must be getting on in years.
nod
24/3/2017
23:59
As I mentioned, Investec didn't explain how any scaling would be calculated, which made it unattractive for small holdings. It was not an attractive offer imho. The good news with the awards is the PDMRs have to wait three years. Again, they don't explain what the performance conditions are. This guarantees the conditions will be achieved in three years time,"The awards will normally become exercisable (or vest as relevant) shortly following the third anniversary of grant, subject to continued employment and to the extent the total shareholder return and financial performance conditions are achieved. Once vested, the awards structured as nil cost options shall ordinarily remain exercisable for a period of 12 months."
nod
24/3/2017
23:16
Ripoff Surely this ……. kind of rip-off should be illegal? Last week some of the a… h…. were only able to offer in the tender a tiny percentage of their shares which were accepted in full while other poor bas’ were razored back also surely it should have been a requirement to have to declare in the tender documents that they were to be given these shares virtually on the day the tender closed. Where were these ("PDMR") when we were putting our money in to keep the company off the rocks? I can think of many nouns, verbs and adjectives to elucidate and describe this form of pure directors van….m On 24 March 2017, awards over ordinary shares of 50 pence each in Sportech PLC (the "Company") were made to certain Directors and other persons discharging managerial responsibilities ("PDMR") as follows. Name of Director/PDMR No. of Shares under the Award Structure of Award Ian Penrose 419,552 Nil Cost Option Mickey Kalifa 200,328 Nil Cost Option Andrew Gaughan 191,387 Nil Cost Option Luisa Wright 105,773 Nil Cost Option As always VZ
van zandt
24/3/2017
10:02
123gaming launches £1m funding campaign23 March 2017Gaming technology company 123gaming has announced plans to raise up to £1 million (€1.2 million/$1.2 million) on equity crowdfunding platform Seeders.com.123gaming said it will use the funds to upgrade its betting platform in the US and launch an online horse racing contest and wagering site in the UK later this year.Sportech has kick-started the funding campaign by committing to an investment of £100,000 in 123gaming, which has provided skill-based gaming platforms to US horse tracks for over a decade and also operates US-based horse racing online wagering site 123bet.com.A successful £1 million fundraising for 23% of the firm would value 123gaming at £4.3 million."We are very pleased that Sportech has helped us get this funding underway," 123gaming chief executive Rob Earle said."We have successfully undertaken smaller funding rounds through the Enterprise Investment Scheme."There has been a significant response to our games in the US, with very little marketing spend, and we are now 100% focused on expanding our offering in both the US and UK with Sportech as our partner."Andrew Gaughan, president of the Sportech Racing and Digital arm of Sportech, added: "Based on our experience distributing the 123racing wager in the USA, Sportech continues to be bullish on the appeal of the 123gaming platform in the US gaming marketplace and the opportunity for expansion in the UK."Related article: 123gaming now available for online distribution
nod
21/3/2017
21:05
I don't really understand the RNS, other than SPO has acquired (from somewhere) the target 10% of shares in issue. Directors sold around 10% of their holdings to show what a good idea it was. Penrose a bit less.Now that's out of the way we can focus on the company revenues. The most exciting thing on the horizon is the Supreme Court case re Compound Interest on VAT overpayments. Hearing is July but it may be towards the end of the year before a decision is made by the Judges. It was unanimous in the Court of Appeal.I think we will see SPO invest further in the USA once they have the cash from Football Pools.RNS"Under the Tender Offer, Shareholders representing 168,450,227 ordinary shares representing approximately 82% of the Company's issued share capital, validly tendered 128,584,543 Shares. As a result, the Basic Entitlement of all Qualifying Shareholders who have validly tendered their Shares, amounting to 16,584,349 Shares, will be accepted in full and excess tender applications will be satisfied to the extent of approximately 3.6 per cent. of the excess Shares tendered.Accordingly, a total of 20,623,804 Shares will be purchased by the Company at a Tender Price of GBP1.015 representing an aggregate consideration of GBP20.9 million. The Ordinary Shares to be purchased under the Tender Offer for cancellation represent approximately 10.0 per cent. of the Company's issued ordinary share capital."
nod
20/3/2017
17:19
Hi all, Thanks to all of you who replied so helpfully. It was a just as well for me that I was not too keen to tender my shares as whoever is/was responsible for sending me the required documents failed to do so. Why do I feel the whole charade was aimed at increasing the holding of the Major Shareholders without having to activate a takeover offer under the rules from any of them? Regards to all, V.Z.
van zandt
14/3/2017
18:21
The claim for compound interest has not been specified by SPO, preferring to leave it for the courts to calculate.I see some blogs suggesting the compound interest to be around twice the 97 million VAT repayment. This seems high.Just using inflation since 1996, the claim would be another 75 million. Compound Interest would be higher.
nod
14/3/2017
00:57
Remember also the claim for Compound Interest is scheduled for Littlewoods Retail in July. SPOs claim submitted in 2009 is on hold pending the outcome of that case. The High Court already ruled in favour of the taxpayer (which makes sense). "This claim is on hold pending the outcome of Littlewoods Retail Ltd and others v HMRC, which is scheduled to be heard in the Supreme Court in July 2017. In that case, the Court of Appeal unanimously upheld the High Court's decision that the taxpayer was entitled to interest on a compound basis on the overpayment of VAT."
nod
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