Paypoint Share Discussion Threads

[mr.oz] 24/5/2013 14:49

They "retain" that target .. they missed the boat already months ago

[halogen] 24/5/2013 13:57

Has the special divi killed it for now,

Paypoint jumped 24.5p to a 52-week high of 914.5p following in line annual results which included a surprise special dividend payment of 15p a share. But Numis now sees better value elsewhere. Analyst David McCann says the shares are over-valued. None of the acquisitions/investments made since 2007 has yet provided a reasonable return on capital, or looks like it is close to getting there. His target price is 620p

Now thats daft £6.20 !

[mr.oz] 23/5/2013 20:27

23 May 13
PayPoint PLC
Canaccord Genuity
Buy
914.50
999.00
Upgrades

[leeson31] 29/4/2013 15:05

guess it had to sometime...

[bscuit] 26/4/2013 22:41

But now the chart is falling below thetrend. Why?

[deltar] 10/4/2013 12:56

Quiet here but looking at the two year chart the performance has been better than most.

[deltar] 11/3/2013 11:01

Long way to go I hope.....looking forward to another ASOS.

[bscuit] 04/3/2013 19:00

Three years agio I took over the £150K ISA of a maiden aunt and put £10K into pay--now up over 3x--the star of the portfolio! During the period I bought foermyself and my wife.. A great find.

[t1tch] 21/2/2013 15:12

Good info, cheers - no wonder I couldn't find it ;-)

[dr rosso] 21/2/2013 09:18

BASC is a debit card facility through which you can top up your mob phone and then make payments. TBP has been rolling out the mob payts facility to merchants in Kenya for the last 3 years, and have expanded into neighbouring countries. They operate their Paystream subsidiary in conjunction with MPESA.

CEO is (was) Graham Gilmour. I spoke with him on Skype recently. He was in Joburg to pull off the Semafone deal + he said he hoped to contract also with Motorola. They are now going great guns with ECB, which has the Visa licence, following a bit of a corruption disaster last year at a Kenya bank.

I was also told that 3 Cos had made approaches. Paypoint, Payzone and Duke. He favoured the former. TBP would become a subsidiary and TBP holders would receive PAY shares. He was hoping to sell the business for $100m later in 2013. With 250m shares in issue, that would mean 40p per share. Unrealistic imo, I think they`d let it go for £30m. A bargain at that for PAY because it offers the way into Africa and exponential growth. Paystream has the exclusivity via the land grab into Ghana, Tanzania, Uganda.

TBP has just done a series of UK presentations, very favourably received. There are around 1000 shareholders. I believe Graham holds 20m, so if PAY come up with a 12p per share offer he`ll find himself with £2.4m, albeit locked into PAY for 12 months.



If PAY fails to make a move, they`ll lose out to competitors, notably Monitise, which has a foothold in Nigeria.

[t1tch] 20/2/2013 20:55

Yep, I saw them when they were posted thanks, but still missing something obvious.....

The first link says:
Fanisi Venture Capital Fund S.C.A., SICAV‐SIF has invested USD1m in Paystream Limited, making it the second investment by the newly launched SME-focused fund.

With only a loose reference to PAY:
Like PayPoint in the UK, Paystream provides merchants with the ability to accept cash and card payments for goods or other value added services such as topping up prepaid mobile phones and payment of utility bills.

Also, I can't tie the addresses up:


Though I have found one link tieing the two addresses....one link, when googling PAY and the post code.



BASC is the British association for shooting and conservation

Cheers

[mr.oz] 20/2/2013 20:07

go back about 10 posts and you'll see this



.."Paystream was incorporated in 2008, as a Kenyan subsidiary of the Business Phone Ltd., a UK company which focuses on packaging and distributing turnkey mobile financial services in developing African markets.."

.."The Business Phone's CEO, Mr. Graham Gilmour, is very excited about this investment. "Paystream's business model confirms my long-held view that African markets are ripe for payment systems that are ubiquitous, secure and easy to deploy"



"...Very interesting to see the new address of TBP


It also happens to be the point of contact for Paypoint and its 360money e-voucher and BASC card...."

[t1tch] 20/2/2013 20:02

Dr Rosso
Do you have links? I can't find anything, were up c10% this month and I'd love to know why.

[deltar] 20/2/2013 18:22

From the FT....
As of Feb 16, 2013, the consensus forecast amongst 8 polled investment analysts covering Paypoint plc advises investors to hold their position in the company. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Jun 21, 2012.....

The only thing is the share price has risen steadily from £7 to £9 over the period since Jun 2012 so its puzzling to know what the analysts are seeking.

[deltar] 20/2/2013 17:50

I just wonder where this is heading and how it can be so off radar with such consistently good performance.

[dr rosso] 20/2/2013 13:56

Payzone and Duke were the other 2 Cos sniffing around TBP. Looks like PAY has beaten them to it.

[deltar] 19/2/2013 20:09

Thanks Dr - interesting developments........ The performance of Pay over the last yr has been excellent compared to many others that have BBs 10 times busier than this one....... If you are right we can expect an increasing upward trend.......

[dr rosso] 18/2/2013 22:32

Looks like they've gone after The Businessphone PLC.

Very interesting to see the new address of TBP


It also happens to be the point of contact for Paypoint and its 360money e-voucher and BASC card.


Wouldn't be Paypoint in with an offer that was too good to refuse? £30m?
Graham Gilmour moved over as a Director presumably. The main man, biggest shareholder and CEO, has defo left TBP

Opens up Kenya and a few other African countries via the land grab. Linked up with Visa and MPESA.

[leeson31] 26/1/2013 14:53

If it breaks 800p area then itl have broken a very long term support line....

[bscuit] 26/1/2013 14:15

There was recent news about the possibility of paying bills by mobile, which I think could have significant impact on earnings. Any views? Unless a support level is found soon I fear a significant drop. . Chart looks tricky.

[quickmind] 24/1/2013 10:59

+ve ims (3q)
DeltaR: thx for the info.