Paypoint Share Discussion Threads

[quickmind] 18/12/2006 19:48

The fact that PAY closed avobe 590p today on decent volume is, hopefully, something positive. My feeling is that if it can close above 600p tomorrow, then it should regain 630-640p quite quickly.

[big bad al] 18/12/2006 17:55

Thats buying on the dip,if you ask me,sure sign of value.

Famous last words..

[omalaha] 18/12/2006 11:41

no news due but 3 v.large buys just gone through 26k/90k/99k,

[rose_water_hurtz] 16/12/2006 20:11

Charts indicating support potentially at this level, Buying seems to have started. Not too sure, might place a small Long on this come Monday. Are we expecting any news?

[mr.oz] 16/12/2006 11:55

I got in this week too , just seems to be such a good growing service and everytime I pay a bill , I keep wanting to buy a bit of PAY

[quickmind] 16/12/2006 11:41

The chart is, for the most part of the past year, whipsaw. I sense there's some negative force behind the slow erosion. Not that I wish PAY to fall; I have a small stake here. Like it or not, PAY has been one of my laggards.

[halogen] 15/12/2006 21:46

In today for some,glad to be aboard the good ship paypoint.

[quickmind] 15/12/2006 10:01

Valuation-wise, at this level PAY is attractive for its reliable income stream. However, if there're enough people ready to buy the drop, then it probably won't happen.

[omalaha] 15/12/2006 09:36

darn it, missed the drop yesterday; then again it could have been heading back to 580p.

[amberspyglass] 14/12/2006 10:39

its a great trading stock..
price goes down between announcements very reliably!

[halogen] 14/12/2006 07:53

Short term,in a word no.

Market conditions seem strong in general,with oil back on the shopping list,should see the ftse firm up a bit more,but paypoint whats going on !!

[halogen] 12/12/2006 19:57

All that news about the post offices must be helping paypoint,long term !!

[omalaha] 04/12/2006 12:56

BOT trader's back but this time it's buying!

[omalaha] 03/12/2006 19:36

halogen - i have to admit i became frustrated and offloaded some recently because of the persistant selling. could have been a mistake though. the order book for PAY is bonkers, watching L2 makes no sense but it does seem to be pulling itself back up. next week will give a big clue as to whether we can hit £7 before xmas.

[halogen] 30/11/2006 21:32

Omalaha,i thought you only got blue sky in the summer,£7 now thats more like it go on,in at £5.93.

[omalaha] 30/11/2006 07:53

and changing again now that that bloody seller seems to have cleared. can only see blue sky now, expect a re-trace back to recent highs and another crack at £7.

[halogen] 28/11/2006 08:41

Hi,well what do you make of this paypoint in the current conditions sub £6.00,looks value to me,and guess what,even had to buy my new tv licence in a corner shop the other day,

How times have changed !!

[omalaha] 16/11/2006 07:52

Nice bit in the Telegraph: Questor says Buy

Television licenses may be just one part of PayPoint's business, but it is perfect example of how far the company has come. Now the sole cash providers of TV licenses for the BBC, PayPoint has more outlets than the Post Office and has managed to steal a march on the old GPO and high street banks when it comes to cash payments.

Through its network of 16,325 over-the-counter terminals, it can process congestion charge payments, recharge gas meter keys, and even top up mobile phones. With its yellow and purple logo adorning an increasing amount of corner shops and newsagents across the country, the company is becoming a force to be reckoned with.

But it is not just its terminals business where growth exists. It has a developing cash machine business, and made its first acquisition of an internet payment service business.

Chief executive Dominic Taylor hints that this will be the first of many. He is keen on the one hand to expand his product suite in the UK, while looking to central and eastern Europe as a potential growth area due to the cash nature of the economy and the lack of existing infrastructure.

Taylor and his team are cutting the mustard, with half-year results to September producing profit before tax of £11m against £8.4m in the same six months last time. Consumer transactions rose 27pc to £178m with net revenue up 21pc to £25.8m.

In spite of a forward price-earnings ratio of a slightly toppy 23 times, PayPoint is well worth backing thanks to its high growth potential.

[badtime] 15/11/2006 19:17

Well nice rise :)

[omalaha] 15/11/2006 07:58

i have eps beating analyst's forecasts; i'm going off what Selftrade has, so could be wrong.

[wjccghcc] 15/11/2006 07:45

Strong growth in revenues and profits. EPS growth a bit less because of the move to a normal tax charge of 30% (16% last year). Look well set for the full year.

[badtime] 14/11/2006 19:11

Those mm's do like to mov the spread around..wen i was lookin at it earlier today it varied from 18 to 2p

[corvidauk] 14/11/2006 18:47

Lets hope and look forward to an excellent 1H tomorrow! :-))

[omalaha] 08/11/2006 12:47

order book looks good and moving up, 5 trade days till results and no sign today of that pesky seller so still expect 650p close friday. PAY has always met my targets in the past.

[omalaha] 06/11/2006 11:36

PAY management are shrewd and the acquisistion is a canny one. the robot trades have stopped but there is still a small seller holding it from breaking out. i'd expect 650p by friday though.