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Sport One year after its IPO, the bet won by the Française des Jeux

21:25  21 november  2020
21:25  21 november  2020 Source:   lexpansion.lexpress.fr

FDJ - Loto result (TF1): The draw of November 7

 FDJ - Loto result (TF1): The draw of November 7 Télé 7 Jours invites you to discover the result of the lottery draw of this Saturday, November 7, organized by the Française des Jeux (FDJ). © Française des jeux Télé 7 Jours invites you to discover the result of the lottery draw on Saturday, November 7, organized by the Française des Jeux (FDJ). Did you miss the Loto draw broadcast this Saturday, November 7 at 8:40 p.m. on TF1? Don't panic, we are offering you a catch-up session.

Française des Jeux (FDJ) is the operator of France's national lottery games, and the title sponsor of the FDJ cycling team. The name of the company loosely translates as The French [Company] of Games. The company is owned and operated by the French government.

Find the latest LA FRANCAISE DES JEUX (LFDJF) stock quote, history, news and other vital information to help you with your stock trading and investing. La Française des Jeux Société anonyme (LFDJF). Other OTC - Other OTC Delayed Price.

Since the privatization of the FDJ on November 21, 2019, its share has soared by more than 70%.

La FDJ fête sa première année en Bourse avec un bond de plus de 70% de son action. © afp.com/JOEL SAGET The FDJ celebrates its first year on the stock market with a jump of more than 70% of its share.

One year after its arrival with fanfare on the Paris Stock Exchange , the Française des Jeux (FDJ) blows this first candle with a jump of more than 70% of its share which testifies to a still intact enthusiasm. Largest listing in France since Natixis in 2006, the first steps of the heir to the national lottery did not go unnoticed on November 21, 2019, attracting half a million individuals.

"The IPO was the culmination of a global transformation strategy initiated five years ago" and "gave us a unique opportunity to talk to all the French," says Stéphane Pallez, President CEO of the group.

Loto result: The draw on Saturday November 14, 2020 (TF1)

 Loto result: The draw on Saturday November 14, 2020 (TF1) Télé 7 jours invites you to discover the result of the Loto draw on Saturday November 14, 2020, organized by the Française des Jeux (FDJ). © Loto / TF1 Télé 7 Jours invites you to discover the result of the Loto draw of this Saturday, November 14, 2020, organized by the Française des Jeux (FDJ). Did you miss the Loto draw for this Saturday, November 14, 2020, presented by Karine Ferri at 8:40 p.m. on TF1? Don't panic, we are offering you a catch-up session.

Française des Jeux , which was set up in 1933 as a national lottery to aid soldiers injured during the first world war, gained more than 17 per cent by Significantly for Emmanuel Macron, the French president, the IPO of Française des Jeux — which attracted 500,000 retail investors given a discount

Does La Française des Jeux Société anonyme (EPA:FDJ) Have A Healthy Balance Sheet? Warren Buffett famously said, 'Volatility is far from synonymous with risk.' How Does La Française des Jeux Société anonyme's (EPA:FDJ) P/E Compare To Its Industry, After The Share Price Drop?

The return of individual investors

To convince small investors that the 2008 crisis in particular had distanced the markets, the company and the State, its main shareholder, did not skimp on resources, for example with a discount of 2% on the price of the share and the granting of one free share for ten shares purchased, if they were kept for 18 months.

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"On the occasion of this IPO, we observed a significant return from private investors", underlines Stéphane Boujnah, the boss of Euronext, manager of the Paris Stock Exchange. "In the end, for the FDJ, the share allocated to individuals amounted to 45%, against 20 to 25% in general," said Camille Leca, head of listing activities for France at Euronext.

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Française Des Jeux Lottery on WN Network delivers the latest Videos and Editable pages for News & Events, including Entertainment, Music, Sports, Science and more, Sign up and Française des Jeux (FDJ) is the operator of France's national lottery games, and the title sponsor of the FDJ cycling team.

The 2010 season for the Française des Jeux cycling team began in January with the Tour Down Under and ended in October at the Chrono des Nations. As a UCI ProTour team, they were automatically invited and obligated to send a squad to every ProTour event.

Beyond the massive presence of individuals, "the first source of pride, our great satisfaction is also to have attracted a number of large French and international institutional investors", adds Stéphane Pallez.

A 73% jump

One year later, the FDJ gained its stock market letters of nobility by posting performances among the best of the Parisian SBF 120 index, despite the pandemic . The title closed at 34.43 euros Wednesday evening on the Paris Bourse, a jump of 73% compared to the 19.90 euros of its placing on the market.

"It's really a great story that has made it possible to reconcile the French with somewhat risky savings, because the performances are worthy of American tech values" which are breaking the ceiling on Wall Street, underlines Florence Barjou, director of investments at Lyxor AM.

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Francaise Des Jeux on WN Network delivers the latest Videos and Editable pages for News & Events, including Entertainment, Music, Sports, Science PARIS — French lottery operator Francaise des Jeux , listed on the stock market by the government last year , warned on Friday of financial hits .

Unfortunately for some shareholders, the La Française des Jeux Société anonyme (EPA:FDJ) Zooming out, the recent drop wiped out a year 's worth of gains, with the share price now back where Its relatively high P/E ratio indicates that La Française des Jeux Société anonyme shareholders think

The success with individual investors, whose number is today estimated at 450,000 by Stéphane Pallez, has not been besides not denied. To keep the flame alive, FDJ created at the end of September a shareholders' club, which already has 13,000 members, according to her. "Due to sanitary measures, the activity is limited for the moment to online training, but as soon as possible, we will organize visits or meetings".

"It is clear that the movement initiated with the FDJ marked the beginning of a deeper trend towards the return of small shareholders," observes Stéphane Boujnah. "And many young people have opened securities accounts for the first time in a world hitherto dominated by retirees." According to the Autorité des marchés financiers (AMF), "more than 150,000 new investors bought SBF 120 shares in March 2020".

Caution still required

"The Covid-19 also played a role, because when people are afraid, they save, but without taking any risk, this saving currently does not bring in anything", notes Jean-Pierre Pinatton, member of the board supervision of the broker Oddo BHF.

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Across all Euronext markets, namely Paris, Brussels, Lisbon, Oslo, Dublin and Amsterdam, "at the end of October 2020, individuals represented 5.4% of trading volumes, against 3.8% in 2019" , explains Camille Leca.

In a still very uncertain context, caution has not disappeared: "We clearly have a deadline next May" with individuals who have kept their securities for 18 months, explains Stéphane Pallez. "But what has happened over the past year is proof of our strength." For Jean-Pierre Pinatton, there are also reasons to remain positive, because "those who do not need the money will not touch their shares and those who need it generally sell the securities which have disappointed them. which is not at all the case with the FDJ ".

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