Paysafe Share Discussion Threads

[wolfhound1] 14/2/2017 08:53

If it does materialise that PAYS and Worldpay decide to tie the knot - I suspect Ingenico and Wirecard might also decide to get in on the act - both of whom were jilted by Worldpay in favour of an IPO - now that could prove to be a very interesting scenario :)

[longwell] 14/2/2017 07:44

I love reverse psychology, ref my previous posts.
worldpay had high volume again yesterday and has traded well over 100 million shares in last few weeks, there has been a lot of shuffling of shares which I strongly believe is ahead of their results day on 7/3.It may just be a lot of coincidences but they are in 170 countries and there would be a lot of cross over opportunities including new store cards.
They are 2.5 times the size of pays at the moment so would be classed as bold.
Do your own work, not ramping as I hold both. Have taken the 5-7 march off and hope to become a little better off over the 3 days than I am today.

[wolfhound1] 13/2/2017 22:48

One possibility to bear in mind is that PAYS could be the junior member in any M&A and therefore the larger entiy could table the merger offer ahead of the 7th.

[eh9] 13/2/2017 18:34

Three weeks until results. Must be big chance they announce a deal between now and then and publish the results early.....

[shanksaj] 13/2/2017 16:47

Highest close for three months, since 9th November 2016.

[polythene] 13/2/2017 16:36

Good finish. Interesting to see will there have been buybacks. I suspect not and we may indeed only be buyers below €4.

[oohrogerpalmer] 13/2/2017 16:36

Can only assume the shorters have taken out long positions as well to counter the losses .
If they were just short why didn't they cash in when the price nosedived a few weeks ago !!!!!!

[malcolmmm] 13/2/2017 15:18

Crying wolf twice usually doesn't work and is a risky policy legally wise , they got away with it once but PAYS will buy anything the shorters dump on the market leaving them in an even worse pickle imo.

[trentendboy] 13/2/2017 14:58

POP.

Shorters must be seeing that they are losing this battle.

They may try to launch a new "attack" though with more allegations. Hopefully not.

[fourgirls] 13/2/2017 14:52

Extremely encouraging indicators now.Nice steady climb.

[eh9] 13/2/2017 14:40

The other side of the shorts closing trade....goldmans or norges selling as the shorts buy back

[wolfhound1] 13/2/2017 14:28

Wow - 2mn shares just traded just ahead of US open - someone know something......?

[wolfhound1] 13/2/2017 12:54

looking like she could pop any minute

[qs99] 13/2/2017 12:52

looking good today IMO

[wolfhound1] 13/2/2017 12:42

cheers Nurdin

[nurdin] 13/2/2017 12:14

Very good Wolf..thanks.

[wolfhound1] 13/2/2017 11:44

@Nurdin

my analysis

Norges Holding in PAYS 07-Feb-17 % 05-Jan-17 % 12-Dec-16 %

Shares held pre- trigger Event 14,429,926 15,914,672 14,324,628
Shares held post trigger event 14,816,695 3.06% 14,093,556 2.88% 14,767,843 3.01%
Stock out on Loan 85,469 0.02% 2,167,947 0.44% 44,302 0.01%
Total Holding 14,902,164 3.08% 16,261,503 3.32% 14,812,145 3.02%

So as you can see in 5 jan - Norges upped their holding by approx 2mn shares which went straight out on stock loan - on the 7th Feb it looks like those shares were novated to who ever was short approx 0.44%( below the 5% threshold).

So from a trading perspective Norges are still long 14.9mn shares but they also took the opportunity to make a trading profit of about £500k off buying surplus stock at reduced price and selling it on at a profit on the 7th Feb.

Hope this helps

GLA

[nurdin] 13/2/2017 11:35

Thanks high park,I missed that..and therefore I concede :o)

[nurdin] 13/2/2017 11:03

Securities lending is the act of loaning a stock, derivative or other security to an investor or firm. Securities lending requires the borrower to put up collateral, whether cash, security or a letter of credit. When a security is loaned, the title and the ownership are also transferred to the borrower........

To understand who is the holder of record, and thus who retains the voting rights, you just need to follow the shares. Initially, the shares are held by one of the three sources. Whichever source initially held the shares was also the holder of record. When the shares were used in the short sale transaction, the initial source lost its voting rights as it was no longer the holder of record. Even the margin account customer who holds the shares long will lose his or her voting rights in this situation - this is part of the margin account agreement.

[high park] 13/2/2017 10:47

The RNS shows clearly that 85,469 shares are out on loan, and that these shares, nor the voting rights attached, are included in the Notified Details.

[wolfhound1] 13/2/2017 10:46

@ nurdin, in vast majority of cases stocks can be re-called in advance of a vote.

[nurdin] 13/2/2017 10:22

Not true wolf. When a company loans a stock, it temporarily loses its voting rights on those shares.That was the case when Norge went under 3%. The rights are reinstated when the shares are returned to the lender.

[ali47fish] 13/2/2017 10:19

nurdin- i wonder why thsee rnss of managers buying or selling as so difficult to decifer sometimes and never give the details shareholders might find useful -so is this buy by norge a sign of confidence in the company?

[wolfhound1] 13/2/2017 10:17

@nurdin - It looks to me from the disclosure that Norges have increased their actual holding - as far as I am aware stock loan does not reduce your reported holdings - you still own the stock and all rights attached to the stock still accrues to you.

[malcolmmm] 13/2/2017 09:43

It looks to me that they are using the buybacks for investors to gain confidence in the share price and as a war chest to counteract any future short attacks, among other reasons.