Member Info for raxfactor

Even though the sp has been hammered of late and I feel unjustly, providing they can keep generating good cash flow to pay down debt then all should come good in the end.
Putting a perspective on this the company is generating a profit and only has debt due the snaitech acquisition and this should generate growth going forwards.
It would also be easy to think that PTEC are not up to anything due to no official end released but that is not the case. Check out the links below and read how they are strengthening their brand in several of the jurisdictions that they operate.

https://www.casinobeats.com/2018/11/29/playtechs-poker-network-brings-shared-liquidity-to-france-and-spain/

http://www.igamingbusiness.com/news/playtechs-quickspin-moves-italy-pokerstars-deal

https://www.intergameonline.com/igaming/news/playtech-and-totalizator-sportowy-partner-in-poland

Thanks for the post rivaldo CTO is in great shape and prospects looking forward are very favourable, this tip from IC has just arrived at the right time to remind possible future investors what a good company this, plus it also seems to of stemmed the slide in sp from recent highs.

Watching several different you tube channels based on the US economy many are expecting a global reset of some form or other, and the fact that they all seem to agree that US stocks are inflated, so when they crash so do we whether justified or not.
Throwing Brexit into the mix as well, with hindsight exiting the market for while might of been the best option and watch from the outside the goings on.
Fulcrum to me ticks a lot of boxes going forward, growth in all areas of the business is achievable and they have a buffer of cash, p/e ratio about 13 so not overly expensive, smart meters looks interesting as does the electrical vehicle charging, both of which are additional to their normal business.
The futures looking bright, but who knows what global events are in prospect.

Fulcrum CEO shares his thoughts going forward.

https://www.insidermedia.com/insider/yorkshire/fulcrum-ceo-sets-out-growth-plans

A nice summary of Fulcum's recent history, positive throughout and a nice read.

https://www.insidermedia.com/insider/yorkshire/turnover-soars-in-fulcrums-interim-results

Hello jl5006, I to have read through the interim results and all seems well. In these volatile times looks like Fulcrum are running a steady ship. The outlook appears good for continued growth, the dividend has increased, and unlike a lot of other businesses they have cash in the bank.
The working of the market is a mystery, when in reality it shouldn't be.

Probably not a bad thing, slowly reducing his stake and power over recent years probably in his own mind thought he was contributing but with main his interests in other area's, they would of got most of his attention, I feel it's in ptec best interests that all ties have hopefully been severed and he's not being used on a consultancy basis.

Significant shareholder Ader is putting pressure on Ptec board to cut all ties with Sagi, they reckon by association he is having a negative impact on the sp.
http://www.igamingbusiness.com/news/ader-calls-playtech-cut-ties-sagi

Hello easyp, Teddy has indeed sold down his stake to under5% now, the link you have shown is an old one from 2017.
Hopefully things will pick up from now on with the market presentation today being a catalyst for improvement, I've added a link he sold down from 6.3% which summarises what he's up to these days.
https://www.financemagnates.com/forex/brokers/playtech-founder-teddy-sagi-cuts-stake-to-less-than-5/

Buys outweigh sells by almost 2:1, no news reported anywhere that I can see and the sp falls by 5%, the market a law unto it's self.
Still significant after hours trading, so shares changing ownership, thought we were on a roll but not to be.

This is the first time Moody's has assigned corporate family ratings (CFR) to Playtech and it gets a Ba2 rating with stable outlook. Worth taking the time to read and their take on the financial outlook.

https://www.moodys.com/research/Moodys-assigns-Ba2-CFR-to-Playtech-PLC-stable-outlook--PR_389601

After hours trading is worth keeping an eye on, every day i have checked there has been a £1+ trade below the closing price just after the bell, suggesting somebody is keeping the sp artificially low, for what reason I can only speculate.
Hedge funds? take over? who knows but there is definitely interest in playing with the sp.

It seems like the market doesn't respond to fundimentals, and pretty basic ones like the oil price being significantly higher than before, ELA producing significantly more, and that this trend is not going to stop here, the future is looking very good.
At some point this is going to correct to fair value, maybe when the balance sheet reflects the record production over a longer time frame.
In the meantime we have the opportunity to increase our stake.

From Reuters

https://uk.reuters.com/article/caml-results/central-asia-metals-hunts-for-acquisitions-idUKL8N1W35IQ?rpc=401&

A nice positive review of SCH, their results and board level changes.

https://www.financemagnates.com/fintech/payments/safecharge-yet-again-reports-strong-financial-and-operational-results-in-h1/

Interesting article with regard to our recent new investors they think the company and its assets are worth more than the price we are trading at, and suggest we should sell off non core assets and concentrate on the gaming market.

https://www.reuters.com/article/us-playtech-plus500-springowl/u-s-activist-springowl-calls-for-playtech-to-spin-off-non-core-business-idUSKCN1LN1XN

Plus500’s share price has surged this year by more than 90 per cent and earlier this week the company was elevated to the FTSE 250 index of the London Stock Exchange due to its rocketing value.
That said I think it's a good move to take the profit, in addition debt reduction is a wise move in uncertain times.

At 16:35 2.887M somebody wants these shares, buys way ahead of sells today and we are down, I dread to think what the market would do if it was mainly sells, probably rise.

Buys v sells pretty much balance each other, so there is no mass sell off going on, no news that I am aware of, so maybe the market knows something that we are not privy to? Manipulation while somebody picks shares up on the cheap to increase their stake?

Thanks for that info rugs, I wasn't aware of that, article linked below tells the tale for those who are interested in the detail.

http://www.igamingbusiness.com/news/ader-builds-playtech-stake-100m-investment