Paysafe Share Discussion Threads

[eh9] 05/2/2017 15:50

The above link re trump is way out of date. Trump has more pressing worries and is very unlikely to touch online gambling - the noise has died. Http://www.pokerupdate.com/news/law-and-legislation/251-big-steps-us-online-poker-first-month-2017/

[nurdin] 05/2/2017 15:38

The problem is two very powerful anti-online gambling protagonists contributed heavily to Trumps election campaign. I dare say they will be looking for some pay back.

[oohrogerpalmer] 05/2/2017 15:34

Trump is in favour of gambling but i think he prefers bricks & mortar casinos as he had an interest in one himself.
Be interesting but given that he appears totally committed to peoples rights as US citizens it would be a bit hypercritical to stand in its way !!!!

[steptoes yard] 05/2/2017 14:43

Now STRONG BUY on ichimoku

[bennya] 05/2/2017 14:29

Feb SCSW newsletter delivered this weekend reports: (Sharewatch) Ahead of reporting on 7 March, Paysafe has said it expects the full year to beat market expectations. Having already raised guidance twice since the start of 2016, this third upgrade means revenues are expected to surpass US$1bn. EBITDA expectations have risen to "at least US$300" with a pretax profit of US$243m in this time. Even better, Deutsche reckons that the organic growth of 20% seen in H1 may have accelerated towards the low 20%s in H2.As a first shot for 2017 Paysafe says it expects to see "organic sales growth in low double digits and to maintain ebitda margins at 30%" (despite substantial investments in Know Your Customer infrastructure investment to comply with the European Union's fourth anti-money laundering directive coming into force in 2018). Based on this, Deutsche's FY17 forecast jumps to US$279m/48 cents but with Paysafe rapidly paying down its debts, CEO Joel Leonoff has strengthened his resolve for a "bold acquisition" before too long. Prospective PE is only 10 versus 21 for Worldpay.Strong hold/buy for a gamechanger deal before long I think. Deutsche has raised its target to 600p.

[onjohn] 05/2/2017 11:17

That could take this into the ftse100

[malcolmmm] 04/2/2017 23:49

JL will most probably surprise everyone by making a very big acquisition perhaps around the 2 billion mark.

On Friday Barclays reiterated its target price on Paysafe Group (LON:PAYS) shares issuing the company with a ‘Overweight217; rating.




Barclays gave the share price of Paysafe Group a price target of 610 meaning the broker expects a potential upside of 52.77% from Paysafe Group’s current market price of 399.3.

Paysafe Group has 481,534,000 shares outstanding at the moment which are trading around 399.3 bringing Paysafe Group’s market capitalisation to 1.92B GBP

[eh9] 04/2/2017 13:28

Deutsche is 610p

[wolfhound1] 04/2/2017 12:35

Thanks Nurdin.

M&A activity is likely to have a double whammy effect on share price - if post acqn we are of similar turnover and profits to a Worldpay and growing then we should be re-rated to the same metrics - so not only will the discount to peers be eroded - we should actually trade at a premium given revised size and diversity.

Personally I am hopeful we go after a US target and also get a Nasdaq listing - I think we could see a triple whammy - trade on a PE of 25+ so we would more than double on current share price towards £8

[nurdin] 04/2/2017 12:10

Sorry no but there is an interesting comment by Edisons in their recent update:

"The share price has recovered and is now trading at a higher level than prior to the
recent short seller’s report. Post our estimate upgrades, Paysafe continues to trade
at a significant discount to peers: the company is trading at a c 30% discount on an
FY17e EV/EBITDA basis and a more than 40% discount on an FY17e P/E basis.
While some discount is warranted to reflect the potential risk within the Asia
Gateway business, in our view this discount is excessive. Continued revenue
growth, steady cash generation and a gradual reduction in the relative contribution
of the company’s largest merchant should help reduce this discount"

I think they are working on average rating of peers rather than any one peer such as Worldpay. The discount to WPG is even wider on any metric.

[wolfhound1] 04/2/2017 11:30

any link to the deutsche tp of 600p ?

[malcolmmm] 04/2/2017 10:59

No buying activity by insiders/directors since 6th December even though the buyback program is under way.
Momentum Investor says that the shares are again a buy
Joel Leonoff has strengthened his resolve for a “bold acquisition” before too long. Prospective PE is only 10 versus 21 for Worldpay.

[lomax99] 04/2/2017 10:18

Or, £6 is a nice round number, which represents an attempted take-out price by WPG at approx. the mid-point between the PE ratings. Let's hope 'bold' M&A put's paid to that!

[nurdin] 04/2/2017 10:14

Also...'' Prospective PE is only 10 versus 21 for Worldpay.''

Reckon we will rerate on this 'bold acquisition' if not earlier ..

[eh9] 04/2/2017 08:58

Scsw exact words?

[wolfhound1] 03/2/2017 22:36

Bollingers looks to be tightening quite nicely as we look to cross over the 200MAVG - looks rather bullish for the weeks ahead

[nurdin] 03/2/2017 16:05

Nice comment by ALNC.Not a subscriber so cant post the full article..sorry.



IN THE KNOW: Paysafe Shares Could Double As Gambling Fears Fade
Payment processing company Paysafe Group is trading at a severe discount due to unfounded fears over its unregulated gambling exposure and its...

[wolfhound1] 03/2/2017 13:39

V good US jobs data it seems - could be a very positive afternoon in the markets

[polythene] 03/2/2017 12:02

Agreed Metis. Thanks.

[eh9] 03/2/2017 11:41

Alliance news item available just now:IN THE KNOW: Paysafe Shares Could Double As Gambling Fears FadeSource: Alliance NewsPayment processing company Paysafe Group is trading at a severe discount due to unfounded fears over its unregulated gambling exposure and its

[polythene] 03/2/2017 11:31

A little disappointed that the buyback numbers needed yesterday were highish for a 1.2% drop but today is encouraging. For me the highest risk for a company like this is data security. I hope the shorters don't have a group of hackers trying to create a problem for PAYS. I wouldn't put it past them. It does look like we have plenty of ammunition in the buybacks between now and results (provided there is no new bombshell) to keep the price honest. It then all comes down to the quality of the results and results-day announcements. There was an American game show in the 80's where the phrase was, I think, 'No Whammies, No Whammies'.

[eh9] 03/2/2017 10:09

They have got to be working on a partnership with a brand to leverage the wallet business significantly into the retail space imo as well as an acquisition. The Chinese and Indian wallet brands are looking for partners in Europe and the USA too

[wolfhound1] 03/2/2017 10:07

Breakthrough and hold above 400p would be a great way to finish the week - just over 4 weeks to published results and perhaps some "bold M&A" news - the trajectory of share price looks very encouraging - it would take very little for this to take-off IMHO