Paddy Power Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9523787 http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=9523787&action=detail Tue, 10 Apr 2012 17:43:00 GMT numberbiter tag:iii.co.uk,2003:tst.9387600 Tuesday March 6,2012
http://bit.ly/AsaWiR By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=9387600&action=detail Tue, 06 Mar 2012 05:26:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9387578 Paddy Power's profits were up 26 per cent in the last year
By PETER RANSCOMBE
Tuesday 6 March 2012 00:00
http://bit.ly/xkXN8x By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=9387578&action=detail Tue, 06 Mar 2012 05:07:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9387164 05 March 2012
http://bit.ly/wsOo9j
RESULTS: Explosive growth in online betting has kept Paddy Power ahead of its bookmaking rivals By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=9387164&action=detail Mon, 05 Mar 2012 21:07:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9271029
Just posted Part IV of The Great Irish Share Valuation Project, including valuation and commentary about Paddy Power:

http://wexboy.wordpress.com/2012/02/08/the-great-irish-share-valuation-project-iv/

Cheers,

Wexboy By Wexboy ]]> http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=9271029&action=detail Thu, 09 Feb 2012 17:02:00 GMT Wexboy tag:iii.co.uk,2003:tst.9231527 http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=9231527&action=detail Tue, 31 Jan 2012 16:01:00 GMT Sober666 tag:iii.co.uk,2003:tst.8975176 http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=8975176&action=detail Mon, 21 Nov 2011 11:11:00 GMT numberbiter tag:iii.co.uk,2003:tst.8701074 Created: 31 August 2011 Written by: Julian Hofmann
http://www.investorschronicle.co.uk/Companies/ByEvent/Results/Analysis/article/20110831/9d613362-d3c4-11e0-9ac6-00144f2af8e8/Paddy-Powers-on.jsp


The ability to harness new technology has been the major theme for all bookmakers this year. Mobile betting has grown hugely as smart phone technology has improved, but few players have made better use of this new opportunity than Ireland-based bookmaker, Paddy Power, whose online revenues now make up 82 per cent of the group's operating profits.
Online profits were boosted by favourable football results, but gross win was still 28 per cent higher at €143m, which drove operating profit up 25 per cent to €45.3m. A series of marketing campaigns and refundable bet offers helped boost the number of active customers using the online service by 48 per cent to 704,000.
However, the downturn has affected bookmakers' retail operations and Paddy Power's bricks-and-mortar betting shops have been affected by the economic situation in Ireland, as well as a punter's Cheltenham festival. Even though Paddy Power shops are more profitable in Ireland than their rivals, retail income there fell 8 per cent, causing a 44 per cent slump in operating profits from €9m to €5.1m. The UK retail operation made up part of the shortfall, helped by shop openings, and reported operating profits rose €1.7m to €4.7m. Finance director Jack Massey said the company would continue with its rollout of UK shops, but also noted the progress that rivals such as William Hill have made in improving their online offering.
Broker Investec forecasts full-year EPS of 180¢ (169¢ in 2010), rising to 200¢ in 2012.
PADDY POWER (PAP)
ORD PRICE: 3,521¢ MARKET VALUE: € 1.71bn
TOUCH: 3,521-3,548¢ 12-MONTH HIGH: 3,850¢ LOW: 2,434¢
DIVIDEND YIELD: 2.27% PE RATIO: 18
NET ASSET VALUE: 346¢* NET CASH: €91m
Half-year to 30 Jun Turnover (€m) Pre-tax profit (£m) Earnings per share (¢) Dividend per share (¢)
2010 205 52.5 92.6 25.0
2011 242 56.7 99.9 30.0
% change +18 +8 +8 +20
*Includes intangible assets of €129m, or 266¢ a share
IC View:
Paddy Power is a core holding, but a 2012 forward PE ratio of 18 suggests there are other better value shares in the leisure sector. Fairly priced. By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=8701074&action=detail Wed, 31 Aug 2011 16:36:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8390179 http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=8390179&action=detail Tue, 14 Jun 2011 08:34:00 GMT numberbiter tag:iii.co.uk,2003:tst.8362374 http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=8362374&action=detail Wed, 08 Jun 2011 05:59:00 GMT bill31 tag:iii.co.uk,2003:tst.8362019 ')" target="_new" rel="nofollow">http://www.davy.ie/LR?id=902

Paddy Power
(PWL ID)
Investor day highlights; plenty left in the tank
02 June 2011
Simon McGrotty
Closing Price: 3601c Rating: Outperform 30/06/09
FACTS: On June 1st, Paddy Power held a very successful investor day in London focusing on the group's online business in the UK and Ireland, 'paddypower.com'.

ANALYSIS: Presentations were focused on five key areas: online marketing, online product development, online operations, sportsbook and eGaming. Presentations were made by the managers from each area. The key take-aways from the day were as follows:

The quality and experience of the employees: In each presentation, emphasis was placed on employees' educational attainment and work experience in a range of the largest and most innovative multinationals. There was a genuine sense that Paddy Power was striving to ensure that its employees are best in class, either through external recruitment or internal career development.

Willingness to adapt new technologies and techniques: This may be most evident on the technology side through the group's advances in the areas of mobile and in-running betting. However, in terms of online marketing, a wide variety of techniques are used to ensure that the products and brand are promoted in the most efficient manner and cost-effectively. Through the use of pay-per-click (PPC), search engine optimisation (SEO) and affiliate marketing, Paddy Power can continually monitor the cost of acquisition per customer against the expected lifetime value of the customer, ensuring that customers are recruited in the most cost-efficient way.

Innovation: The internet is evolving and in tandem, so is the online gambling industry, Paddy Power is striving to be at the forefront of development, helped by the quality of its human and technological capital. Continued innovation helps improve the overall level of customer experience, something that is at the heart of the group. As the company puts it, Paddy Power does not provide a service, it provides an experience.

Passion and strive to be the best: It was clear that nobody in the business is happy to rest on their laurels or past successes. The company has an ethos to continually strive for more, improving its technology and customer experience to the benefit of the group as a whole.

Scope for further growth: We left the investor day with a renewed confidence about the opportunities for future growth, but also in management's ability to execute on these opportunities. The growth opportunities online are numerous, be they the scope to further expand the mobile offering or to target the 86% of UK online gamblers who do not yet bet with Paddy Power. Management acknowledged while there is no silver bullet for growth, it is their aim and strategy to position the group as best as they can to exploit every opportunity as it arises.

DAVY VIEW: The investor day included a number of very impressive presentations. What came across clearly was the passion, drive, expertise and experience within the group and also the confidence of managers in the ability of their departments to continue to contribute to the growth of paddypower.com. A significant investment has been made in recent years in all areas of the business, and we have no doubt that while this has helped drive growth to date, there is plenty of left in the tank for future growth.

By board1 ]]> http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=8362019&action=detail Tue, 07 Jun 2011 21:53:00 GMT board1 tag:iii.co.uk,2003:tst.8358799 Broker Citigroup backs UK bookmakers to grow
http://bit.ly/lGeQpI

12:18 pm by Giles Gwinnett By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=8358799&action=detail Tue, 07 Jun 2011 11:59:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8313457 http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=8313457&action=detail Thu, 26 May 2011 23:03:00 GMT numberbiter tag:iii.co.uk,2003:tst.8135210 http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=8135210&action=detail Fri, 15 Apr 2011 11:02:00 GMT numberbiter tag:iii.co.uk,2003:tst.7921351
Paddy Power profits soars
Date: Monday 07 Mar 2011

LONDON (ShareCast) - Irish bookie Paddy Power accompanied record results in all divisions last year with a 28% dividend hike.

The firm produced record turnover of €3.8bn in 2010 and operating profit of €104m, while pre-tax profits rose from €67.2m to €104.2m.

UK Retail operating profit increased almost six-fold from €1.3m to €7.4m. Irish retail operating profits by 8% to €17.6m. Online operations generated €250m of gross win and €75m of operating profit. Operating profit growth of €26m comprised paddypower.com growth of €12m and Australian growth of €14m.

"The year [2011] has started well. Turnover growth and sporting results have been strong, notwithstanding Australia being affected by severe adverse weather. Sportsbook amounts staked are up 16% and total gross win is up 38% in the first two months. This reflects the strong momentum in the Group, as well as a weak 2010 comparable. The group looks forward to 2011 and beyond with confidence," chief executive Patrick Kennedy said.

The dividend for the year rises by 28% to 75c.

By Coupleojars ]]> http://www.iii.co.uk/investment/detail?code=cotn:PAP.L&display=discussion&id=7921351&action=detail Mon, 07 Mar 2011 11:54:00 GMT Coupleojars