Agree, can't believe it's back down at 620, but, that's one of the problems when big boys like Blackrock buy into small caps like PAY. Price manipulation.Must surely be into over sold territory, at this price the forward P/E has dropped back to about 6 or 7? |
Really didn't think we'd see PAY down at these levels again. A lot of money leaving the market at the moment. |
Quite a drop on going ex div. I bought a few more at 643.5 today. Probably should have waited a bit longer. Timing is a matter of guesswork. |
Good spot on the shareholder base analysis Masurguy
Ty! |
Looks like Harwood Capital were involved in the shares that were traded on Wednesday since they increased their stake above the 3% reporting threshold for the first time on that date. |
Approx 300,000 shares were traded , in two trades preceeded today's recovery (£2mill)
Didn't look like a rollover to me
Ameriprise been selling down, recently,
A depression that may be over?
Or large buy order(s) being worked in order to execute favourably?
Looks like it's positive if either or both of the above is true?
Xd on 27th Feb |
I might look to pick up a few more if there is a decent drop when it goes ex div.
There does not seem to be any reason to chase! |
Disappointing but it seems we are in a risk off environment now. I'm a long term holder. |
Ugh, back to 650 again, 12 month lows.... |
4*
PayPoint plc issued a quarterly trading update reporting another positive quarter with strong performance from key seasonal businesses. The Group remains on track to deliver expectations for FY25 and a further step has been made in achieving £100m EBITDA by the end of FY26. Group net revenue increased by 1.9% to £53.0 million (Q3 FY24: £52.0 million), driven by a positive performance in the quarter by the E-commerce and Love2shop divisions. Profit numbers...
...from WealthOracle
wealthoracle.co.uk/detailed-result-full/PAY/1182 |
joe.brent@panmureliberum.com Joe Walker Research Analyst Joe.Walker@panmureliberum.com
Q3 statement guides to trading in line with expectations, with 1.9% net revenue growth. The business is on track for £100m of EBITDA in FY 26, and we maintain our earnings and cash estimates. Looking at the 4 divisions: 1) At Payments and Banking, revenue increased by 0.8% with strength in digital and the contribution from obconnect, and despite weakness in cash payments; 2) At Shopping, the PayPoint network continues to grow, but consumer spending has impacted card volumes; 3) At Parcels there was 32% net revenue growth and there is huge growth potential from the Royal Mail partnership, and Chinese e-tailers and networks; and 4) At Love2shop, the increase in billings is a positive lead indicator. PayPoint’s position on the high street differentiates it in the crowded payment space; a CY 25 P/E of 9.6x and ordinary yield of 5.6% are too cheap. Target price £11 |
Solid update, at the current price the shares are valued at a PER of 10 with a yield of 5.5%.
"As we continue towards delivering £100m EBITDA by the end of FY26, our confidence in our business resilience and growth is underpinned by the breadth of opportunities across all of our divisions and maintaining the right organisational structure and cost base to support the delivery of our growth plans.” Nick Wiles, CEO. |
Quick glance amd looks solid, with growth across the group as a whole
Debt to decrease by end Q1 2025
On track and no alarm bells |
Nice pick up before results on low volume which suggests someone knows something. Anything under 7gbp to me is cheap as chips. I'm expecting 11 gbp this year markets being well |
We seem to be going upwards ! |
Bounce looked weak, its clinging onto the MA200 but i think its got further down side. They seem to go from one problem to the next |
The trading update will be interesting
Tight conditions flagged in last update and Yodel shenanigans might be noted.
But the share price might have bottomed.
Anyone with thoughts, pls ? |
I took a very small position at the 200 and closed again after 5%. Only small but i decided you got to trade your convictions. I know a lot here are long term as am i but i dont believe in blindly holding when it had such a good run and was clearly very overbought. I’ll re enter when it provides an entry worthwhile doing so |
A Q3 trading update is due on Wednesday 29th January. |
Looking for rentry point having sold down in recent weeks, was quite disappointed |
Come on, I am a bottom up value investor. PAY is a long term hold for me. Contrarians and long-term holders do well in this market. |
Not an investment at the moment though, I sold all. Made 80% profit but as you say this will go on for ages so theres better alternatives. Will watch for small re-entry below 600 but really looking for below 500-550 to be worth while. It might bounce about now off its MA200 given its very oversold as well but there’s not enough potential in it at this level |
It’s not material so no comment. Most uk shares are in the tank atm. |
Well, it's nothing to do with them at the moment. Pay are just are just a strategic "investor".This will take time to sort out. Thankfully PAY only stand to lose some investment capital of it all goes wrong. |
Poor that management have not issued any statement re yodel |
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