Paysafe Share Discussion Threads

[maddox] 14/2/2017 20:48

Hi Polythene,

The FCA only report what they are informed about - it appears from previous reports that the reporting is not timely and can take days. From the Norges Bank declaration it appears that shorters have reduced their position significantly so we should see this reported over the next week.

Regards, Maddox

[rhatton] 14/2/2017 20:43

2blue yeah I agree, however as it rises it's bound to pull back a little from time to time so maybe a retest of 400 before moving up again..

[2bluelynn] 14/2/2017 20:34

Any technical chartist out there ?The daily candle looks a bit toppy ! Many thanks in advance

[polythene] 14/2/2017 17:27

Can anyone confirm or deny what is being said about short positions. The daily bulletin to the FCA doesn't indicate any change. Am I correct?

[wolfhound1] 14/2/2017 16:48

@Malcolmmm - never say never and all but Alibaba makes PAYPAL look like a chimp( as opposed to 800lb gorilla), PAYS could never hope to try and take on both - better if ALipay saw PAYS as a useful bolt-on - if you assume each tourist spends $1000 on holiday and given Alibaba's user base that could easily be $350mn profit per yr.

[eh9] 14/2/2017 16:41

Most likely is that Ant buys stake in paysafe for the wallets

[malcolmmm] 14/2/2017 16:37

Just a thought, would PAYS consider bidding for a Chinese company to gain credible access to that market?

[wolfhound1] 14/2/2017 15:33

The Chinese FX link has potential to be Huge - Alibaba's Alipay has been doing deals to support chinese tourists abroad with the likes of wirecard and ingenico etc....- Alibaba has a reported 279mn users in China ( 60%+ of digital marketplace) - if even 25% of those travel abroad and you captured 25% of that spend you would be doing v well !!

I could see the GOLO app on their Phone for various key cities - with a translation into chinese for restaurants, theatre, concerts, tours etc..... Kerching$$$$$

[lomax99] 14/2/2017 13:29

wrong link??

[lomax99] 14/2/2017 13:25

CySEC regulated forex broker FXCC has announced the introduction of an extra payment facility – Netbanx Asia from Paysafe Group Plc (LON: PAYS). In forging this new relationship the broker is opening up a gateway to allow easy use of service for FX traders from leading Asian countries such as China.

Netbanx Asia is a reliable local bank transfer system for Chinese customers enabling the company’s clients to transfer money with minimal payment costs. Being a convenient method of depositing funds online, it is trusted by thousands of multi-channel businesses around the globe who appreciate the flexibility and the customer-oriented approach associated with Netbanx services.

Saed Shalabi
Director & General Manager at FXCC

Saed Shalabi, FXCC director provided the following statement


Without a doubt the China forex market offers exponential growth opportunities for ambitious forex brokers. We pride ourselves on being a truly global broker, who easily communicates with and understands the requirements of traders worldwide.

As the globe’s second largest economy, predicted to soon overtake the USA as the number one, the growth in FX trading will no doubt match China’s exponential growth in all other areas of their economy. The acceptance of the Yuan (the renminbi) throughout global markets and the encouragement of trading of the yuan through, for example, London, which is still the globe’s major trading forex venue, ensures that transactions in the Chinese currency are becoming far more common place.

We therefore need to stay ahead of the curve and ensure we’re in a position to benefit from any increased Asian business, particularly from China. In forging this relationship with Netbanx we believe we’re positioning ourselves in anticipation of a potential surge in future FX trading from China.

[trentendboy] 14/2/2017 13:11

wow - that is some closing.

Interesting

[nurdin] 14/2/2017 12:10

Shares on loan have gone down from 85,469 yesterday to 3823 today....

[polythene] 14/2/2017 11:59

I think Norges wanted to stay just under 3%, found they had gone over it and had to make a declaration. They seem to have adjusted down again to just under?

[eh9] 14/2/2017 11:48

Recruitment site exploding with roles to launch brand 2.0......

[le4r] 14/2/2017 11:17

I was unf. But then took a deep breath, read (most) of that report, realised it was cr&p and hopped back in. Cost me quite dearly at the time, but just about break even again now and all to play for going forward...I wouldn't want to relive Dec 13, but it did at least teach me a lesson about how shorters can operate!Roll on March now!Btw - RNS out. Norges selling apparently. Or as someone said the other day, is that other side of trade of the shorter's closing their positions??

[steptoes yard] 14/2/2017 10:58

Very good point adh0 and those brave peeps in at 350 or below just 2 months ago did well ( I wasn't one of them)

[adh0] 14/2/2017 10:50

As we head back to where we should be, this must be very painful to watch for anyone "stopped out" on the drop from £3.80ish to sub £3.00. I would be f&*%ing furious if I were them.

[kuss1] 14/2/2017 10:38

Pays undervalued significantly all the way to 600p and some..

Still large short positions seeing profits reduce by the minute.

Stellar results coming.

Big deal around the corner.

Markets very healthy..

Going way higher and quickly..

[ggbarabajagal] 14/2/2017 10:29

BUYbacks have stopped



IMPLICSATION



DEal coming


500p coming. AND SOONt

[wolfhound1] 14/2/2017 10:18

Rocket firing !!

[f1araway] 14/2/2017 09:33

As you say Salpara unadulterated ramping prior to previous results provided more false dawns but maybe this time CEO hints will provide fruit.......

[malcolmmm] 14/2/2017 09:30

I think that a dividend would deter would be shorters and stablise the share price So an acquisition and a dividend would be ideal imo

[salpara111] 14/2/2017 09:07

Well, it seems that the buyback has achieved its objective of sustaining an upward trend which is good.
It will be really interesting to see how the results are taken.
The last couple of strong results announcements have been met with little enthusiasm so hopefully this time we will see a material move up.

[polythene] 14/2/2017 08:58

I hope whatever they do there is not a big fundraiser. I can't participate any more. I did a nil sum purchase of partial rights the last time forgetting I still had to pay tax on all the shares acquired at the rights price (33% CGT in Ireland). Turns out I would have been better selling after the announcement before the rights issue and I could have bought nearly all of them back after the rights issue with the same money.