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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Playtech

July 2019

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:
  • 417p
Playtech has issued a reassuring update, reiterating its full year 2019 EBITDA guidance of between Eu390m to Eu415m.Core regulated B2B markets grew 7% in the first two months mainly from growth in Mexico and Poland. Non regulated revenues continue to be sharply down driven by challenging conditions in Asia (mainly China). Countering that is the favourable new long-term contract with GVC.Elsewhere, within the B2C Gaming division Snaitech is said to be trading strongly in spite of difficult regulatory conditions in Italy while the renegotiated Sun Bingo contract is still expected to be profitable this year.With the company emerging from a tough 2018, Shore Capital calculates that the ex-Asia regulated business should gene ...

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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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