Member Info for raxfactor

Deutsche Bank today reaffirms its hold investment rating on Playtech Ltd (LON:PTEC) and cut its price target to 425p (from 435p).
All other brokers are stating numbers above theirs, so can you take this recommendation seriously? looks to me like a buying opportunity, wouldn't surprise me if DB are buying up the cheap shares on offer when they brought about the situation.

Maybe not as much riding on this after the first knock back, due to the time lost, but nevertheless it would certainly be a morale booster if it passed at the second time of asking.

Position taken, dropping back on little volume, be interesting to see their next update regarding shipments after the lull caused by bad weather, in fact off topic a bit, the weather is interesting my research into that of late suggests cooling rather than warming older posters will remember back in the seventies ice age predictions,
needless to say I don't buy into co2 warming, why do greenhouse growers pump in co2 at 1100 ppm + and aquarium specialists add co2 to the water for plant growth, unfortunately imo its a ruse for increased taxes on businesses as if we didn't have enough.
No wonder China and India are building coal fired power plants as fast as they can while we take ours offline.

Kenmare Resources Plc (@KenmareRes) Tweeted:
Work continues on Kenmare’s Wet Concentrator Plant (WCP) C development at the #Moma Mine in #Mozambique. The Julia dredge has been reassembled on site, having been dismantled for transportation by ship from the Netherlands in September $KMR #growthprojects #mining #mineralsands https://t.co/mxDDz8Jb2v https://twitter.com/KenmareRes/status/1197899695642857474?s=20

Got it all wrong, there is a new tweet showing some video footage over the barge that's been reassembled.

Latest tweet from KMR

https://help.twitter.com/using-twitter/how-to-tweet#source-labels

Thanks for the reply, if only we could get the timing of our initial investments right life would be so much easier, I know only to well the frustration you feel, but I will probably do my usual these days which is to take a small stake and see how it goes.
Hope KMR keeps on rising for all invested here.

Hello skid1,
I get the impression that you are a disgruntled LTH here, whereas I am on the outside looking in, the prospects here look favourable debt nearly non existent, paying a dividend, mine life still be here after I am not, and from 2021 very cash generative, I am surprised you are not more upbeat, light at the end of the tunnel etc, anyway I might be the next Jonny come lately singing the praises of KMR.

Looks like Jason Ader is going to finally going to get his wish come true by PTEC selling off Tradetech as he sees this area as non core activity, struggling at the moment, this was the culprit behind the profit warning today.
In other areas all seems fine, and good to see Latin America being successfully targeted for a new area of expansion.
Nice summing up from the FT
https://www.ft.com/content/70563330-0cfb-11ea-b2d6-9bf4d1957a67

Received to keep the lights on, nice little earner hope it continues

https://www.nexexchange.com/announcements?newsid=4509824

Playtech, the world’s leading gambling technology company, has today announced that operator Red Star Poker is joining its iPoker network – one of the most wide-reaching poker networks in the world.
Although the sp is still in the doldrums nice to see the company is still out there signing new deals and strengthening the brand, expecting better times and looking forward to the market updates which will hopefully turn our fortune around.

https://calvinayre.com/2019/11/18/press-releases/red-star-poker-joins-playtech-poker-network/

Nice to see the sp stabilizing around this level over recent days, but more importantly still earning lots of free cash flow which will come apparent to all when they pay down more of their debt, which is at very manageable levels as it is.
Pleased the CEO has moved away from the company to sort out his issues, and removes us from the unwanted publicity that comes our way via him.
Hopefully the expansion in production is still on track to strengthen an already strong position in the pellet market, fundamentals strong just need a bit of love from the market.

Great acquisition and another FPSO to collect the oil, they will know all the ins and outs of operating these, and funded from JSE cash resources, loads of life left in the asset until 2031, and it increases JSE production by 30%.
Here's me thinking RRE was going to get all the headlines today.

PTEC is one of the sponsor's of the sports betting conference that is currently taking place in New York, anybody and everybody who is in the sports betting field will be there so hopefully something good will come out of these get togethers featuring all these big wheelers that will benefit us, and of course especially the US market.

https://www.sportsbettingusaconference.com/latest-speakers

List of speakers at the conference Ory on there alphabetical order, must be impressing some of the folks over there.

Addison Global has lauded the signing of a “significant new partnership” with casino content provider Playtech, regarding the firm’s mobile gaming and betting brand MoPlay.
https://www.casinobeats.com/2019/11/06/moplay-praises-significant-playtech-partnership/

Excellent posts very much appreciated that you share your research and knowledge, thanks

Hello karv1,
What you have stated is why I invested, even if ore prices drop back which is a reasonable assumption others will not be able to cope as well as FXPO so I can see them gaining more market share especially when production increases.
Looking beyond the issues with our now stepped down CEO I can only see good times ahead.

Playtech’s experience in the Mexican betting market is ideal preparation for its eventual launch in the US, the operator has said. Speaking to EGR, Playtech’s director of corporate development Jonathan Doubilet, said the firm had been using Vegas lines and concepts for US sports for five years via its partnership with Caliente.

Hope folks took the opportunity to get a few in the 380's as it makes its way back up to 440 ish sell wait for the fall back to 400, repeat until the revenue and profit change the opinion Mr Market