Paypoint Share Discussion Threads

[salpara111] 15/7/2010 14:35

D Day tomorrow!

As I cant afford to take another hit at present I will have to wait and see what the outcome is and then take it from there.
If PAY get a clean outcome in their favour then there is no reason why the stock cannot be re-rated back towards £4.
If it goes against them then who knows if the business is even viable going forward.
As I have mentioned before, I cannot see how a company that runs a monopoly would be allowed to use its monopoly position to gain unfair commercial advantage but what the hell do I know!
Whatever the outcome I dont doubt that one side will appeal the decision ( I am not clear what the regualtory rules are regarding appeals?)
Maybe there will be some sort of fudge result...
Who can tell! suffice to say I will be poised at 8 am tomorrow morning.

[davidosh] 15/7/2010 11:34

Interesting to see a director buying 5000 shares yesterday so certainly he is not letting the Camelot situation worry him unduly at this price.

[salpara111] 06/7/2010 11:47

I would imagine that regardless of whoever wins the other side will appeal.
Having said that I will keep an eye on the outcome as it will lead to either signifcant upside potential or downside...the problem is I dont have a crystal ball so I will have to wait.
By the way, anyone who buys on divi.....dont assume that a large covered divi will support a sp, I hold IRV which trades on a divi of circa 9% and is covered over 3X. I also bought FCAM at 60p as it was yielding 10% at that point, it has now dropped to low 50s and the yield topped out at over 12% recently.
I am still holding both as they appear to be pretty solid businesses just waiting for a re-rating....heres hoping!

[davidosh] 06/7/2010 10:52

Just posted here if any of you want to add any comments...

[davidosh] 06/7/2010 09:59

Anyone coming to the AGM tomorrow ?

[salpara111] 17/6/2010 17:18

I have to say that I cannot see how the competition commision would allow Camelot to enter the bill paying services sector as they would be effectively cross subsidising and utilising their monopoly power as a seller of lottery tickets.
Having said that I seem to get these things wrong all the time.
Make no mistake, if Camelot are allowed to enter the market then Paypoint is effectively out of business as Camelot have already covered the cost of their terminals in their business model which means they will always be able to undercut Paypoint.
If Paypoint do win this case then I will invest but not before!

[mr.oz] 15/6/2010 16:58

a few days old

divi soon

[smurfy2001] 15/6/2010 12:55

Cheeky order of 1500 placed @ 282.5 using DMA

[wjccghcc] 11/6/2010 08:26

The National Lottery Commission say the decision will be made by the end of July.

[masurenguy] 11/6/2010 08:14

Is there any news that Camelot have been awarded a license to compete with Paypoint ?

[m4lcolm] 11/6/2010 08:08

PAY POINT IS DOOMED.

CAMELOT WILL DO TO PAY POINT WHAT PP HAS DONE TO THE POST OFFICE ie nick all of their services.
If PP do not come up with a better deal for retailers they will depart in droves.

[tsmith2] 28/5/2010 12:12

more director buying..a decent amount too..

[tsmith2] 28/5/2010 08:20

PayPoint (PAY.L) - Buy



Final Results slightly ahead of expectations; shares woefully oversold



The turnover slippage – 12.4% from £224.4m to £196.6m – was greater than we had expected (£212m). This was due to revenue in both the established and developing business streams (Romania, Collect+ and PayByPhone) suffering from fewer mobile top-up transactions, especially where PayPoint is principal and accounts for the face value of the top-up as revenue. The more important top-line metric is net revenue (effectively the yield that PayPoint gets from this gross revenue). This was flat at £76.4m, being 20% up in the developing business streams but down 0.4% in the established business streams.



We have not changed forecasts for FY11 and FY12 and believe that the share price fall has been substantially overdone. On a prospective PER of 6.4 based on this forecast with a historic dividend yield of 9.2% and standing at a near 60% discount to our estimated of fair value, the shares remain a 'Buy'

[mr.oz] 27/5/2010 22:58

today ... no further detail

[tsmith2] 27/5/2010 22:53

mr oz

any further details?

is that of tday?
TIA

[mr.oz] 27/5/2010 22:28

JPM overweight

[tsmith2] 27/5/2010 16:03

first bit of director buying 10,000 shares at 2.63 - not to be sniffed at.




I suspect will get more following..

and hopefully a decent write up after the analyst presentation. collect the divi 14p - 5%!

[tsmith2] 27/5/2010 13:32

Shares of PayPoint Plc rise 17 percent, the biggest small cap gainer, after the electronic-payments firm raises its final dividend by 24 percent, despite a 5.7 percent fall in full-year pretax profit.

Analyst Keith Ashworth-Lord of WH Ireland says the share-price fall last week has been substantially overdone and the shares are 'woefully' oversold.

'With a historic dividend yield of 9.2 percent and standing at a near 60 percent discount to our estimated fair value, the shares remain a buy,' he says.

[tsmith2] 27/5/2010 13:28

hopefully directors took advantge of being out of a close period to pick up some shares..

[tsmith2] 27/5/2010 11:20

COLLECT+ ANNOUNCES MARK LEWIS AS NEW CEO
26 May 2010
eBay UK Managing Director takes helm at groundbreaking e-retail parcel delivery and returns service

London, 26 May 2010 – Collect+, the breakthrough parcel delivery service which gives online shoppers the choice of collecting and dropping off parcels at local convenience stores, has today announced the appointment of Mark Lewis as CEO. Mark joins Collect+ from online e-retail giant eBay, where he was UK Managing Director.

Mark brings a wealth of online retail and consumer experience to Collect+ as well as the proven ability to drive business development success. Under his leadership eBay UK has enjoyed a return to almost 20 per cent year-on-year growth. Before eBay Mark started his career in advertising working for the award winning St. Luke's agency before completing an MBA at INSEAD in France. He then worked for Boston Consulting Group, focusing on marketing and strategy projects for the retail and consumer goods industry.

Mark Lewis says of his appointment:

"Collect+ has enormous potential and I am delighted to be joining the team. Having long worked in retail, I understand the key roles that convenient deliveries and returns play in securing brand loyalty and providing a fantastic customer experience. Collect+ offers retailers and consumers an alternative to the dreaded 'Sorry we missed you' slip, which indicates a costly failed delivery combined with disappointment and hassle for the end consumer. In offering greater choice and a service that fits the busy lives of online shoppers, Collect+ has become a breakthrough delivery and returns alternative for retailers and consumers. "


Set up as a joint venture between PayPoint and Home Delivery Network in 2009, Collect+ allows online shoppers to pick up or drop off parcels at their choice of 3,500 specially selected convenience stores. All stores were chosen because they offer security, convenience and long opening hours.

Collect+ already handles hundreds of thousands of parcels for clients including Littlewoods, Very and MandMDirect.com. Mark Lewis' role will include continuing to expand the Collect+ customer base among online and catalogue retailers.

By offering both retailers and consumers greater choice on parcel deliveries and returns, Collect+ provides greater convenience and value. Currently, one in ten deliveries fail on the first attempt, costing retailers £240 million a year, and 44 per cent of consumers admit to having abandoned an online purchase because of lack of trust in the delivery options*.
*IMRG, Valuing Home Delivery Report, Feb. 2010

[tsmith2] 27/5/2010 11:04

If I was Camlot I'd look to snap up PAY, easiest access to the market and also take out the competition (if allowed).

I think it is unlikely Camelot will get the license - the strong lobby and competition considerations