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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Playtech

January 2016

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:
  • 785p
Playtech has withdrawn from its proposed acquisition of Plus500, 432p, because of concerns raised by the regulator. It has also flagged concerns that the uncertainty generated increases the risk that the AVA Trade acquisition may also now not proceed. Nevertheless it “remains committed to expanding its financial business.”Sources quoted in the press claim the setback reflects the company’s inexperience in the UK while founder and majority shareholder Tedi Sagi’s conviction for fraud and bribery in 1996 was also a potential spanner in the works.This is a major setback both in terms of future eps growth and also for management’s credibility. Despite the fall, the shares have still gained 45% on ...

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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.

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

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