image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Our latest issue will be released in 10 days, don't miss out!

Playtech

February 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:
  • 473p
Shares in Playtech soared to a new high of 486p after it announced trading ahead of expectations with adjusted EBITDA for FY’20 to be “at least EU300m” (5% ahead of consensus).In the core B2B side, Playtech’s online Casino (including Live, Bingo and Poker businesses) performed very well, despite new lockdowns in Italy and UK late on. Sports, heavily weighted towards retail, was also impacted by a lack of events.Snaitech had a resilient performance, particularly online, while Asia was also impacted by Covid-19 as well as restrictions on payment processing (previously reported).Encouragingly, in the US it has just been awarded regulatory approval in Michigan (the state should go live shortly) to go ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X