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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Playtech

December 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PTEC
  • Price:
  • 733p
Playtech has recommended an all cash offer from Aristocrat Leisure for 680p, representing a 58% premium to the previous day’s trading. The deal values Playtech at almost 27x next year’s eps forecasts and shareholders representing 20.7% have accepted. Since then, Hong Kong-based Gopher Investments (a c.5% shareholder) has entered discussions over a counter offer and a bidding war could follow.A main write-up in August at 413p, the gain to date is 77% in just 5 months. Await developments. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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