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Share Name Share Symbol Market Type Share ISIN Share Description
Paypoint LSE:PAY London Ordinary Share GB00B02QND93 ORD 1/3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -13.00p -1.57% 813.00p 817.00p 819.00p 856.00p 806.00p 856.00p 127,739 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 213.5 52.9 63.0 12.9 554.70

Paypoint Share Discussion Threads

Showing 951 to 975 of 1075 messages
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
23/5/2015
18:23
The retailers are rebelling in the light of PayPoint's announcement that they're cutting commission rates. They were already low but the planned cut, which could shave about £7M off PayPoints costs, means that virtually all retailers will be making a loss on all PayPoint transactions. Essentially the retailer takes cash in respect of utility bill payments, banks the cash & Paypoint then debit it from the retailers account to pay the utility. The charges that the banks make on the cash handling for the retailer exceed the commission that Paypoint pays to the retailer. The outgoing Goddard made an extraodinary comment to "The Grocer" this week considering that the annual results are due out next Thursday. He said "What we are doing here is a response to commercial pressure we are under." To me that implies that the profit & margins are under threat and doesn't bode well for the future. The retailers have got their gander up & if PayPoint report either improved profits or an increased dividend now in the light of what Goddard has just said they're likely to leave in their droves. PayPoint has 28,000 outlets, half of them independent retailers, it's in trouble without their backing. So good results & increased dividend, they're in trouble. Poor results & they're still in trouble. Either way, it doesn't look good. I'm afraid making your decisions based on charts and trends isn't much use when this sort of news is around. Best to stay clear until the dust settles. If it does.
isalolly
20/5/2015
05:55
Was this information not worthy of an RNS? business Following the unprecedented backlash over retailer commission, under pressure PayPoint has announced that UK managing director Seamus Smith and retail director Andrew Goddard are to leave the business. Staff at the company’s Welwyn offices were told of the move following a board-level discussion last week. Retail Express understands that neither role is being replaced. The decision to part ways with more senior figures follows the hushed announcement last week that chairman Warren Tucker has also left the business.
jusmasel99
20/5/2015
05:29
INteresting article from the NFRN ..... #PayPointPayFair This is a familiar saying to describe how it feels to be caught in a desperate situation from which there is no obvious escape. Across the UK, thousands of retailers, believing PayPoint’s hype have been convinced to take on terminals for payment and collection services on the promise that, despite low commissions, the additional footfall that terminals would drive would be healthy for their business prospects. Small newsagents, already imbued with the tradition of facilitating services to their local communities, and seeking to find new sources of revenue to make up for long-term declining news sales, jumped at the chance. But what has been the reality? According to evidence gathered from Federation members, the claims that PayPoint terminals drive extra footfall appear to have been greatly exaggerated. In percentage terms only a small minority of customers making PayPoint transactions make additional purchases at the same time. Certainly, the profit generated from additional purchases generates nowhere near the additional revenue needed to compensate for PayPoint’s loss making service. This is what retailers are telling us. Let us also look at some of the aspects of PayPoint’s terms and conditions of business: Minimum Transaction Clause Retailers have to commit to a minimum number of transactions through their PayPoint terminal. Failure to achieve this means they have to pay £25 per month plus VAT as a penalty. This might not sound a fortune but over the life of a 5 year contract this could be substantial. What happens if there is a significant change in the local market, e.g. if a major employer closes down and there is a major shift in population? Will PayPoint withhold it surcharge if the minimum transaction target becomes impossible at no fault to the retailer? Exclusivity Clauses Within the terms and conditions of business retailers have to agree to abide by PayPoint’s exclusivity clauses that prevent them from operating alternative over the counter payment and collection services. Not only does this restrict the services that the retailer has to offer, but it also restricts choice for consumers. According to Competition Law, competitive constraints like this can only justified if they are indispensible. But, is this the case or is PayPoint merely using its already dominant position to grab more and more market share? The NFRN is making a submission to the Payments Services Regulator in which it is seeking an investigation of this behaviour. Early Termination Penalties Having persuaded retailers to sign new 5-year contracts, PayPoint has subsequently reduced retailers’ commission caps twice this year. These swingeing reductions now put most retailers in a loss making situation, even when just compared with the National Minimum Wage that must lawfully be paid to staff. Add to this other operating costs and punitive bank charges for banking the cash collected on PayPoint’s behalf (yes this is PayPoint’s money and not the retailer’s, so why is the retailer having to pay PayPoint’s bank charges for them?) and it is not hard to see that retailers’ losses can be considerable, and, over time potentially commercially fatal. So faced with these damaging, loss making contracts, retailers are being forced to dust off their terms and conditions of business to see how they can get out of this market. They then find that to exit from their PayPoint contract they must pay a penalty of £500 + VAT PLUS £25 per month + VAT for every month that the contract has left to run. And given that PayPoint’s new contract was only issued in September 2014, the cost to exit is likely to be prohibitive. Between a Rock and a Hard Place? You bet it is! The NFRN expects that every one of its PayPoint members will be thanking their lucky stars that they joined the Federation. No one else is fighting their corner for them. For more information, including details on how to get involved, visit our NFRN PayPoint Campaign page. Many NFRN members have taken to Twitter to make clear their disgust at PayPoint’s plans. Comments can be viewed at #PayPointPayFair.
jusmasel99
19/5/2015
21:06
Not gonna hold my breath because this share does swing about quite wildly but the price at last seems to be making tracks into 900 territory the resistance between here and 10.00 seems quite light but might be some at 925. Results are due in 10 days time and there might be a little surge in the price towards that date. Hope 900 becomes support now but the way the price swings I doubt it.
werty5
13/5/2015
17:17
First time the price has finished above 900 for the day for a few months let's hope it holds this time.
werty5
08/5/2015
18:39
Disappointing end to the day. Still there is always next week.
werty5
08/5/2015
08:36
What a difference a couple of days make. If it holds today time to push up my stop loss.
werty5
07/5/2015
19:14
I agree, maybe a push by the MM to get stock before results later this month. I'll probably hold on until then and see where we are at.
uhound
07/5/2015
18:52
Looks to me if the market makers are taking advantage of the political situation to do a spot of stop loss fishing. Good to see that the price has retraced all of yesterday's loss with nice volume too. Still hopeful of a breakout beyond 9.00 which will last but price does seem volatile at the moment.
werty5
07/5/2015
15:52
Crazy swings. Speculation around the election? But can't see why it should impact Paypoint.
santar
07/5/2015
07:27
Nice bounce back. Stop loss fishing by mm's? Real acid test is can it hold the 8.20 line today.
werty5
06/5/2015
22:55
Rns not due.
werty5
06/5/2015
18:08
My cynical side thinks a negative rns tmrw...
leeson31
06/5/2015
15:37
Shame but resistance well broken if a rebound is not evident tomorrow morning I am going to bail. Poop
werty5
06/5/2015
15:33
Crunch ouch not sure why but that is a huge dip.
werty5
01/5/2015
07:37
Could be tree shake we shall see
werty5
01/5/2015
07:35
A swift and sudden collapse test of resistance again hope it holds was noted yesterday that volume increased on the downturn so perhaps bears are trying again.
werty5
23/4/2015
06:35
We would seem to be at a logical point for the pullback to end historically speaking. If pullback keeps on proceeding much further past this point I would suggest another test of £8.20 might be on the cards.
werty5
18/4/2015
17:24
A few more charts for everyone to mull over. free stock charts from uk.advfn.com free stock charts from uk.advfn.com free stock charts from uk.advfn.com free stock charts from uk.advfn.com ok what can we take from the above charts well first of all it is easy to see why we seem to be stuck in a rut with the historic support at £8.20 and resistance at £9.00 easily spotted and marked. We could be looking at a pullback after several failed attempts at cracking the £9.00 level I would suggest that any pullback is not much to worry about as MACD suggests that the bears are losing power all the time. Other bull indicators are the 20 period SMA has moved above the 50 period SMA and the weekly MACD has also raised it's head above the 0 line. What i would like to see happen if there is a pullback is for the price to remain above £8.20 creating a new higher low. If we breakout through the £9.00 area there is a good chance that where there was resistance at £9.00 would now become support. It has also been noted that there is not much in the way of historic resistance between £9.00 and £10.00. As always take what you like from these charts but remember charting comes a distant second to fundamentals and is prone to sometimes failing to do what is expected so do not rely on what I have posted and remain sceptical at all times.
werty5
17/4/2015
10:14
Keep posting Werty - I'm listening too... I'm watching this closely for a break above £9.00...
eddyeagle1979
16/4/2015
10:18
Lol hi guys was beginning to think I was alone. Keeps banging it's head on resistance at £9.00 break that and I hope we might have some clear sky for a while.
werty5
16/4/2015
09:36
Werty5 - I'm listening! Decline seems to have run out of steam and from a TA point of view looking like a positive move up due?
uhound
16/4/2015
08:30
watching! I put an aged aunt into this some years ago and tripled her money. She died and they were sold. I hold also and am in profit, but failed to follow my stop loss rules and sell at £10. Cannot help wondering if their USP has been overtaken by the competition.
bscuit
16/4/2015
02:00
Not a popular board this one. Feels like I am taking to myself or perhaps everyone has got bored of my posts and left. Sorry but I like to post my analysis of what seems to be happening with the chart it keeps my mind sharp but also holds a big flag up so I can see errors and can perhaps improve on future trades. So far have been encouraged by what I have seen since buying in. The price has held up well at the £8.20 resistance level and there has been a nice triple bottom formed. The question for me now is this market going to trend between £8.20 and £9.00 or can we see a decisive break above £9.10 level will be interesting to see where this pullback takes us. I would like to see a higher low establish itself now.
werty5
02/4/2015
07:52
Could be looking at a nice triple bottom if £8.20 holds.
werty5
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
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