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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Playtech

January 2015

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:
  • 655p
Gaming software group, Playtech, has announced it has raised Eu297m of senior unsecured convertible bonds due 2019, carrying an interest coupon of just 0.5% p.a. Proceeds will fund organic growth and acquisitions with the group believed to be closing in on a bid for bwin.party.Earlier, the company noted that it is closely following developments in Malaysia, which is considering a total ban on online gaming, although it stressed that it remains confident of meeting latest market forecasts for 2014 and beyond. Await developments. ...

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