Primary Recommendation

Playtech - Q1 20 was best quarter on record

August 2020

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.

The gaming market has recently been in a ‘state of flux.’ Across the world, hundreds of land based casinos and bookmakers were forced to shutter for the best part of two months due to COVID-19. Major sports leagues and organisers also elected to suspend and cancel seasons and events and consequently sports betting was sidelined. However, other online gambling verticals - casino, poker and bingo - saw a massive uptick. Playtech provides the software that powers many of the top online operators’ websites and is a marvellous example of a company that has found its second wind. It is a heavyweight provider of software to online operators who run casinos, poker and bingo and in exchange it earns royalties based on a percentage of its ...

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Market Comment - August '20

Manolete - Earnings to climb from 21.8p to 59.3p in two years

Playtech - Set to pay a 456p-483p special dividend (October 2024)

Playtech - Upgrades its 3-5 year target (April 2023)

Playtech - Trading ahead of expectations (October 2022)

Playtech - Bid at 680p; gain 127% (November 2021)

Playtech (October 2021)

Playtech (February 2021)

Playtech (September 2020)

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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